Post
Conversation
![David Watson 🥑](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="96" height="96"><rect fill-opacity="0"/></svg>)
Post your reply
DeFi’s momentum is just getting started.
BTC staking is poised to become a $12B industry by 2025.
Ethereum L2s are proving their profitability with skyrocketing gains.
AI-powered tools are redefining the way trades are executed.
The future belongs to those who stay ahead of the
0:04
Turns out calls to 'drill baby drill' were actually just attempts to 'shill baby shill'
Capping wells? It just said they are not drilling news ones... capping wells costs money, so unless the production costs significantly more than the oil they do get, it will continue to pump.
is this just whatever happens when oil prices drop? The saudis/opec used to try to keep prices low enough to prevent these kinds of extraction measures if I understand correctly
This happens every time the price of crude comes down. It's happened before. The shale reserves are there for the taking when the price of crude goes above $60 or so. Domestic production is up and exploration is expanding. Yes there will be layoffs, that's the nature of the
When the sale price of a commodity produces less than the cost of producing said commodity, the incentive is to cut losses, and wait for prices to increase to a level supporting a reasonable rate of return.
$SPY $SPX The S&P 500’s forward P/E ratio is 21.68x to start 2025. Historically, higher valuations have led to lower long-term returns.
Are we heading for muted gains? 
Here’s the historical context: 
#SP500 #Investing #Markets
Here’s the historical context:
#SP500 #Investing #Markets![Image](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="800" height="418"><rect fill-opacity="0"/></svg>)
Oil is still averaging $58 to $61 a barrel.
Anything over $50 a barrel and the industry is just fine! 
They are not capping wells per the CEO. They are cutting back production though.
Oh, BS. My cousins in Texas have said that their employers have said they are going to keep on "DRILL, BABY, DRILL!"
They are moving over to deep well drilling, Cheaper crude, lower royalties.
Standard shifting as oil prices move.
Good. When the inefficient drillers lose everything b/c they were counting on Democrats running the industry into the ground, the sooner younger companies will buy the leases and drill like crazy. Gas and oil are going to be plentiful and cheap.. for decades.
Fracking only makes economic sense given a certain price point. If there is a reduction in oil prices, then it makes sense to purchase with a lower acquisition cost.
The alternative is high oil cost and inflation... is that what you are advocating?
Why don’t pump prices reflect the low price of oil?
(I know it’s complicated, just asking because it would seem logical that if one falls, the other would, too.)
Trump’s first 100 days, in 10 charts.
The cost of doing business is greater than the projected sales revenue because of OPEC+ (Russia) driving down global oil prices much lower than the break even mark. That is why they cap the wells, layoff employees, and shut it down until conditions improve.z
Lemme check my notes. Ah yes. We were most definitely promised drill baby drill. 
Anyone who grew up in Texas knows that once oil gets down below $70 they start capping wells and laying off people. This is just the start.
There will be massive layoffs in all industries due to tariffs>stagflation>slower economy. China tariffs specially have the biggest impact. But…. you get tax cuts. So o wonder who will mostly take advantage of this fix cut. If you are unemployed what do you do with tax cut?
Every-time the oil production cost per bbl exceeds the market price per bbl, they simply close the valves or turn the pumps off on marginal wells. If the production company thinks the well could be profitable in the future, it doesnt get shut-in.
If they're capping wells, layoffs are already unavoidable. Sure, US has a lot of oil - but US oil production is high-cost, esp compared to Saudi Arabia. When oil is at/below $60/barrel, US production tips into economically unviable territory.
Diamondback is maybe the best managed, most efficient producer in Permian basin.
Play stupid games with the economy, win stupid prizes like stagflation and recession.
I'm looking at a PHEV for my next vehicle.
Still burns some gas on long trips, but no
dinosaur juice most of the time. Cry me
a river for the oil companies. I was thinking EV,
but the tech isn't quite to my liking yet.
Trump says ‘I don’t know’ when asked if he’s required to uphold Constitution.
I don’t think oil under $80 a barrel is profitable. It’s currently under $60. Saudis didn’t do the us any favors by pumping more oils.
And just like that the growth in extraction since Covid to ever higher levels has stopped. Congrats to the big guy for finally cutting US oil production!
When oil is close or below $50, expect cap on wells. It’s the break even point to most producers.
I thought it was drill baby drill?
Do they see the writing on the wall?
Opec stated they were ramping up drilling by 411,000 barrels a day. The layoffs will be at 2020 levels.
Uh oh spaghettios, that’s where a lot of manly white men make all their money.
$SPY $SPX The S&P 500’s forward P/E ratio is 21.68x to start 2025. Historically, higher valuations have led to lower long-term returns.
Are we heading for muted gains?
Here’s the historical context:
#SP500 #Investing #Markets
Here’s the historical context:
#SP500 #Investing #Markets
They already have oil producing. Natural gas too. The prices will rise and exports will come soon enough
If you run Shopify ads, there’s a 90% chance you’re wasting half your budget. And no, it’s not because your creatives suck. It’s because your data is broken.
Here’s how brands bleed cash and how to stop it: 
![Image](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="800" height="1200"><rect fill-opacity="0"/></svg>)
MAGA were bragging oil prices were so down but we knew what that meant: capping wells.
NOOoOOo
BUT buT ORANGE DUMBFUCK SAID "$2 GAS"?!?!??!
abandoned oil wells are destroying the planet and are the largest legal liability ever drilled
Yes, it's called a business. OPEC is ramping up production through the summer. Oil & gas is a boom and bust industry
MAGA enjoyed Billy Bob telling off about windmills but, they didn't pay attention to $70 crude!
Just an FYI for you chicken little ...
Fracking is stupid anyway. So is replacing the thick dense fluid under our ground with thin toxic fluid or nothing at all.
Look up the Wink Sinks in Wink Texas.
Let's just import that shit from the sand land people and let them sink their lands.
Will be curious to see this in the employment numbers, which have been strong and steady since Covid.
Another wetracked.io merchant just scaled their ads without losing their mind. You’re still refreshing dashboards like it’s a sport? Get a grip.
There’s more to this story. The technology advancements and efficiency in the last 7-10 years has been a major factor.
In 2020 the US averaged about 11 million barrels a day with 700 sites, today 13 million with 500 sites.
Let's ramp up the transition and unleash America's renewable energies.
In business you have to stop spending when you start losing money. The oil price determines profitability. Opec is opening its spigot. Is there a problem you see?
The fear mongering doesn't work anymore
Those companies want to lay off people that's their business.
If you run Shopify ads, there’s a 90% chance you’re wasting half your budget. And no, it’s not because your creatives suck. It’s because your data is broken.
Here’s how brands bleed cash and how to stop it:
Just a reminder folks-these energy companies gave Trump lots of $$$$.
He does not want low gas prices.
Gee. I wonder what all those trips to Abu Dhabi have been about? Trump is selling out the nation and MAGA-MORONS are still waiting for their DOGE Check.
Wait a minute - are you telling me prices are coming down? TrumpWasRight?
Obama and Joe Biden did this on purpose and yall said green energy is the future
Weren't Democrats complaining yesterday that Trump isn't lowering energy prices?
Which is it? 
Quote
Steven Rattner
@SteveRattner
Despite Trump’s assertions, drill baby drill simply isn’t happening — drillers have started shedding rigs.
My @Morning_Joe Chart
Tell me you know nothing about the oil industry without telling me you know nothing.
Discover more
Sourced from across X
FBI Director Kash Patel is walking back his budget testimony from yesterday. While many may not know the ins and outs of budgeting, I want to stress that what Kash Patel did yesterday was HIGHLY unusual He revealed a NON PUBLIC budget request the FBI made to OMB....
Trump's "big" trade deal is with the UK:
- It's a framework not a deal
- They're our 11th largest trading partner
- They're only 3% of US trade (97% to go)
- They *already* charge average tariffs of only 1% (limited upside)
It's a photo op, with little macroeconomic significance
I just sent this to every wall st source I have that supported our President.
Trump on US port traffic slowing down:
“It’s a good thing-not a bad thing.” “That means we lose less money.”
Every response I got was some sort of embarrassed emoji.
While announcing that he is donating his remaining fortune—over $100 billion—to the Gates Foundation, along with news that the foundation will spend down all of its funds and close within the next 20 years, Bill Gates accused Elon Musk of “killing the world’s poorest children”
