Pong Messiah Posted May 5, 2015 Share Posted May 5, 2015 Texas seems on verge of banning fracking bans AUSTIN, Texas -- Texas moved Monday to ban its own cities from imposing prohibitions on hydraulic fracturing and other potentially environmentally harmful oil and natural gas drilling activities within their boundaries - a major victory for industry groups and top conservatives who have decried rampant local "overregulation."So basically, if you are all NIMBY about fracking, you now have a lot less power at the local level to prevent it. Link to comment Share on other sites More sharing options...
Cerina Posted May 5, 2015 Share Posted May 5, 2015 Oil runs this state. Without it, things would go south for millions of people very quickly. Link to comment Share on other sites More sharing options...
Evolence Posted May 5, 2015 Share Posted May 5, 2015 But Repubs are the party of LESS government with more localized control! *confused* Link to comment Share on other sites More sharing options...
Pong Messiah Posted May 5, 2015 Author Share Posted May 5, 2015 You misunderestistand, Evo! "while Abbott has stayed publicly out of the debate, he has criticized local regulations that he says limit individual liberty." THIS IS ABOUT FREEDOM Link to comment Share on other sites More sharing options...
Cerina Posted May 5, 2015 Share Posted May 5, 2015 Rebups are the party of having and making money. Link to comment Share on other sites More sharing options...
Pong Messiah Posted May 5, 2015 Author Share Posted May 5, 2015 Oil runs this state. Without it, things would go south for millions of people very quickly.Yes, it has been a huge player for a long time. And Texas voters have been warned of the consequences of one-party-under-oil rule since as long as I've been alive, but never seemed to give much complaint while cost of living and grocery prices are low. Oil companies have also been looking for new and exciting ways of making money in Texas since the "glut" of the 1980s... well, fracking is certainly exciting! It will be interesting to see what happens now that oil companies can operate in a less out-of-sight-out-of-mind manner without much resistance from the locals. Most people love the economic benefits of oil, but aren't fans of its smell; this is kinda like putting glass doors on a slaughterhouse. Link to comment Share on other sites More sharing options...
Guest Posted May 5, 2015 Share Posted May 5, 2015 Rebups are the party of having and making money. Mostly for those who already have the money. Link to comment Share on other sites More sharing options...
Pong Messiah Posted May 5, 2015 Author Share Posted May 5, 2015 TEXAS Link to comment Share on other sites More sharing options...
RelentlessMalice Posted May 6, 2015 Share Posted May 6, 2015 Hey at least law enforcement in Texas can take down two morons who had automatic weapons and body armor on yesterday. Anyway back on topic the Republicans claim to only be for small gov when it is convient for them. Of course its all about drill baby drill and who cares about the environmental consequences. Link to comment Share on other sites More sharing options...
Ms. Spam Posted May 6, 2015 Share Posted May 6, 2015 We're sending the national guard. Link to comment Share on other sites More sharing options...
Pong Messiah Posted May 6, 2015 Author Share Posted May 6, 2015 what the frack Link to comment Share on other sites More sharing options...
Cerina Posted May 7, 2015 Share Posted May 7, 2015 We need to get back on it and start fracking more. I want to take a vacation this year. Link to comment Share on other sites More sharing options...
Evolence Posted May 7, 2015 Share Posted May 7, 2015 What about the children? Link to comment Share on other sites More sharing options...
Evolence Posted May 7, 2015 Share Posted May 7, 2015 Like seriously, the dune coons in Saudi are trying to drive down the price of a barrel by not tapering their output. That puts the more marginal and leveraged fracking operators at risk of operating at a loss. Operate at a loss long enough and you go out of business. It's really quite shrewd. It's a matter of short term pain in the short term in the hopes of increasing prices and reducing competition in the long-term. But of course, like all materials industry cycles, capacity will overreach demand and then have a painful pullback. I think that is what we've just witnessed. Now capacity has to react to the glut, and that will happen by seeing fracking operations go out of business. Of course, the oil is still there and waiting, but it won't be recoverable until prices stabilize at a higher price. Link to comment Share on other sites More sharing options...
Darth Lohr Posted May 7, 2015 Share Posted May 7, 2015 I totally read the "fracking" in the thread title as the BSG curse word, thus making it an ironic paradox: that Texas is banning banning. Link to comment Share on other sites More sharing options...
Jacen123 Posted May 7, 2015 Share Posted May 7, 2015 I totally read the "fracking" in the thread title as the BSG curse word, thus making it an ironic paradox: that Texas is banning banning. tsquare must be delighted, then Link to comment Share on other sites More sharing options...
monkeygirl Posted May 7, 2015 Share Posted May 7, 2015 Rebups are the party of having and making money. QFT Link to comment Share on other sites More sharing options...
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