US Military Sends Hundreds of F35 and Weapons to Taiwan/Japan to whack China

[Peiweh]

later all these f-35 light up like firecracker on radar and get shoot down like turkeys

coz f-35 selling point is stealth and 'sensor fusion' (snazzy marketing gimmick, stinkies copied the same concept for it "Hunter" AFV)

would be funny if f-35 stealth is compromised got so many are bunched together and light up on radar scrreens

oh and dont forget who is the best in the world - America

 

[frenchbriefs]

US has the world's largest oil reserves actually more then Saudi Arabia and Russia

https://www.aogr.com/web-exclusives/exclusive-story/u.s.-holds-most-recoverable-oil-reserves#:~:text=OSLO, NORWAY–The United States,undiscovered fields (proved, probable.

Reserve Estimates
U.S. Holds Most Recoverable Oil Reserves
By Per Magnus Nysveen
OSLO, NORWAY–The United States now holds the world’s largest recoverable oil reserve base–more than Saudi Arabia or Russia–thanks to the development of unconventional resource plays.
Ranking nations by the most likely estimate for existing fields, discoveries and as-of-yet undiscovered fields (proved, probable. possible and undiscovered), the United States is at the top of the list with 264 billion barrels of recoverable oil reserves, followed by Russia with 256 billion, Saudi Arabia with 212 billion, Canada with 167 billion, Iran with 143 billion, and Brazil with 120 billion (Table 1).

View attachment 86623

ur chart shows us produce 9.4 million barrels per day and saudi 10.6 and china 4.3 mil.....

since usa oil consumption is huge 20 million a day,they still need to import from outside and invade iraq and afgan for oil.

 

[frenchbriefs]

what a load of bullshit! Amazing #1 in the world America is about to be a net EXPORTER of oil you twit. My god you backward China trolls are living in the past

America is the most powerful nation in the modern era of mankind. Period. Its been King for 75+ years and will be King for many more years to come. Nothing you say or cut and paste will change that. It is fact

View attachment 86636

no one is going to buy ur expensive as fark shale oil and frakking is not only harmful to the environment,the water table it also causes mini earthquakes.

only 16 shale oil companies can operate at oil prices below $35,the other 300 are basically haemorraging money.

 

[frenchbriefs]

no one is going to buy ur expensive as fark shale oil and frakking is not only harmful to the environment,the water table it also causes mini earthquakes.

only 16 shale oil companies can operate at oil prices below $35,the other 300 are basically haemorraging money.

u know what is the biggest irony?u need oil prices high high above $65 in order to operate ur shale oil frakking to not lose money.......but when oil prices are high and u start the operations again,u flood the market with ur excess supply and oil prices plunge and ur back to where u started.......catch 22.

 

[redbull313]

ur chart shows us produce 9.4 million barrels per day and saudi 10.6 and china 4.3 mil.....

since usa oil consumption is huge 20 million a day,they still need to import from outside and invade iraq and afgan for oil.

that is an old chart showing US reserves. Back then, sure the US produced that much

but today 19.25 million

https://www.eia.gov/energyexplained...t level of total petroleum imports since 1996

The United States produces a large share of the petroleum1 it consumes, but it uses imports to help supply domestic and international markets
In 2019, the United States produced2 about 19.25 million barrels per day (MMb/d) of petroleum, and it consumed3 about 20.46 MMb/d. Imports from other countries help to supply domestic demand for petroleum. Some of the crude oil that the U.S. imports is refined by U.S. refineries into petroleum products (such as gasoline, heating oil, diesel fuel, and jet fuel) that the U.S. exports. Some of imported petroleum may be stored and subsequently exported.

 

[frenchbriefs]

Jesus shale oil companies are losing 4.7 billion a quarter,at this rate u might as well buy 100 million barrels and store them in underground bunkers.



Despite the hype of lower breakeven prices, and despite the hype around longer laterals, energy digitalization, and other technological breakthroughs, most shale companies are still not profitable.

In fact, roughly 9 out of every 10 U.S. shale companies are burning cash, according to Rystad Energy. The Oslo-based consultancy studied 40 U.S. shale companies and found that only 4 of them had positive cash flow in the first quarter of 2019. In fact, the number of companies with positive cash flow was lower than it was previously, and total cash flow from the group fell from $14 billion in the fourth quarter to just $9.9 billion in the first.

“The gap between capex and [cash flow from operating activities] has reached a staggering $4.7 billion. This implies tremendous overspend, the likes of which have not been seen since the third quarter of 2017,” Alisa Lukash, Senior Analyst on Rystad Energy’s North American Shale team, said in a press release.

 

[redbull313]

ur chart shows us produce 9.4 million barrels per day and saudi 10.6 and china 4.3 mil.....

since usa oil consumption is huge 20 million a day,they still need to import from outside and invade iraq and afgan for oil.

Additionally as poster REDBULL313 posted above, the US is on track to be a net exporter of oil

here is an article from 2018, and the US should be fully a net exporter of oil 2021-2023

https://www.eia.gov/todayinenergy/detail.php?id=42795

The United States is projected to be a net exporter of crude oil in two AEO2020 side cases


https://www.wsj.com/articles/u-s-be...il-fuels-for-first-time-in-decades-1544128404


U.S. Becomes Net Exporter of Oil, Fuels for First Time in Decades
Fracking boom briefly propels U.S. to symbolic milestone of ‘energy independence’
Can OPEC Tame Oil-Price Volatility?
YOU MAY ALSO LIKE

Can OPEC Tame Oil-Price Volatility?
The cartel is struggling to convince markets that it can stabilize oil prices. WSJ’s Sarah Kent takes a look at the current state of OPEC’s power.
By
Bradley Olson
December 6, 2018

• 
  PRINT
• 
  TEXT
• 
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The U.S. became a net exporter of oil and refined fuels last week for the first time in decades, a symbolic milestone that would have seemed unthinkable just 10 years ago.


This is but one example of why the US has resources and china does not.

 

[frenchbriefs]

U know this is crazy but I just found how Singapore consumes 1.3 million barrels of oil a day.....u know how much oil Australia consumes?1 million....... wtf?Aussie population is 5 times ours and they use less oil?

 

[redbull313]

Jesus shale oil companies are losing 4.7 billion a quarter,at this rate u might as well buy 100 million barrels and store them in underground bunkers.



Despite the hype of lower breakeven prices, and despite the hype around longer laterals, energy digitalization, and other technological breakthroughs, most shale companies are still not profitable.

In fact, roughly 9 out of every 10 U.S. shale companies are burning cash, according to Rystad Energy. The Oslo-based consultancy studied 40 U.S. shale companies and found that only 4 of them had positive cash flow in the first quarter of 2019. In fact, the number of companies with positive cash flow was lower than it was previously, and total cash flow from the group fell from $14 billion in the fourth quarter to just $9.9 billion in the first.

“The gap between capex and [cash flow from operating activities] has reached a staggering $4.7 billion. This implies tremendous overspend, the likes of which have not been seen since the third quarter of 2017,” Alisa Lukash, Senior Analyst on Rystad Energy’s North American Shale team, said in a press release.

if you bothered to read what i have stated above emerging technologies will enable the US to produce oil at ever decreasing costs. It used to cost US$ 70 now they are talking $45


in the future with emerging technologies, US can produce oil at $30

 

[frenchbriefs]

Additionally as poster REDBULL313 posted above, the US is on track to be a net exporter of oil

here is an article from 2018, and the US should be fully a net exporter of oil 2021-2023

https://www.eia.gov/todayinenergy/detail.php?id=42795

The United States is projected to be a net exporter of crude oil in two AEO2020 side cases


https://www.wsj.com/articles/u-s-be...il-fuels-for-first-time-in-decades-1544128404


U.S. Becomes Net Exporter of Oil, Fuels for First Time in Decades
Fracking boom briefly propels U.S. to symbolic milestone of ‘energy independence’
Can OPEC Tame Oil-Price Volatility?
YOU MAY ALSO LIKE

Can OPEC Tame Oil-Price Volatility?
The cartel is struggling to convince markets that it can stabilize oil prices. WSJ’s Sarah Kent takes a look at the current state of OPEC’s power.
By
Bradley Olson
December 6, 2018

• 
  PRINT
• 
  TEXT
• 
  29

The U.S. became a net exporter of oil and refined fuels last week for the first time in decades, a symbolic milestone that would have seemed unthinkable just 10 years ago.


This is but one example of why the US has resources and china does not.

Fracking boom lolololol.....anyway I already posted why frakking doesn't work.

America has been drilling for oil for 100 years,whatever has been found has been found, historically their oil production has been at 10 mil a barrel for decades,only recently have they been able to tap into this frakking tech but frakking is way more expensive than traditional drilling,it only cost $10 to drill for a barrel
.......frakkin cost way more.

 

[frenchbriefs]

if you bothered to read what i have stated above emerging technologies will enable the US to produce oil at ever decreasing costs. It used to cost US$ 70 now they are talking $45


in the future with emerging technologies, US can produce oil at $30

If u read the actual industrial report from ieefs instead of these hype.

 

[redbull313]

Fracking boom lolololol.....anyway I already posted why frakking doesn't work.

America has been drilling for oil for 100 years,whatever has been found has been found, historically their oil production has been at 10 mil a barrel for decades,only recently have they been able to tap into this frakking tech but frakking is way more expensive than traditional drilling,it only cost $10 to drill for a barrel
.......frakkin cost way more.

you can say it does not work, but OPEC/Russia will disagree with you. US has the most oil in the world.

 

[redbull313]

If u read the actual industrial report from ieefs instead of these hype.

another big problem for china besides resources is its demographics and even geography

 

[syed putra]

U know this is crazy but I just found how Singapore consumes 1.3 million barrels of oil a day.....u know how much oil Australia consumes?1 million....... wtf?Aussie population is 5 times ours and they use less oil?

Those consumption are refined and re-exported as singapore is a major refinery hub and big energy trading centre,

 

[frenchbriefs]

if you bothered to read what i have stated above emerging technologies will enable the US to produce oil at ever decreasing costs. It used to cost US$ 70 now they are talking $45


in the future with emerging technologies, US can produce oil at $30

If u even listen to what the guy say there is no rush to adding activity or restarting rigs even at $50
.......cashflow if any would be used to repair balance sheets.....

There's no goddam cashflow boi!!!!!cashflow has fallen from 14 billion to 9.4 billion....it cost more to make that shyt than it sells for

 

[redbull313]

If u even listen to what the guy say there is no rush to adding activity or restarting rigs even at $50
.......cashflow if any would be used to repair balance sheets.....

There's no goddam cashflow boi!!!!!cashflow has fallen from 14 billion to 9.4 billion....it cost more to make that shyt than it sells for

and that is why I say for the 4th or 5th time again emerging technologies will eventually bankrupt the middle east/russia because the US will produce oil below the current break even cost of $40-50 depending on where which basin which rig etc.....

i think the breakeven cost will hit $30 next 5 years.

 

[redbull313]

If u even listen to what the guy say there is no rush to adding activity or restarting rigs even at $50
.......cashflow if any would be used to repair balance sheets.....

There's no goddam cashflow boi!!!!!cashflow has fallen from 14 billion to 9.4 billion....it cost more to make that shyt than it sells for

the US has also affected the price of natural gas as well, similar to oil but they have less nat gas than russia, but like oil they produce alot of it.

 

[frenchbriefs]

and that is why I say for the 4th or 5th time again emerging technologies will eventually bankrupt the middle east/russia because the US will produce oil below the current break even cost of $40-50 depending on where which basin which rig etc.....

i think the breakeven cost will hit $30 next 5 years.

I think the middle East is pretty much bankrupt....and cheap oil will benefit every one.

 

[redbull313]

I think the middle East is pretty much bankrupt....and cheap oil will benefit every one.

yes, we all benefit from cheaper oil.

 

[shockshiok]

F35 and F22 mean Amerika is air superiority power