dan dicker, he s the author of oil s endless bid. i want to talk about why this is a bad argument because despite the fact your appearance on this show refuting it happened last week, people are still making it which i can t make heads nor tails of. but, quickly, it s amazing to me this guy from the coal state is saying, frack more, drill everywhere, which is killing coal in kentucky. unless rand paul wants to see exxon or chevron become state-run entities, you have to do something that s profitable in order to get them to do it. and transporting lng to europe is so intensely unprofitable. it looks like it should be profitable, and it might be right now, but the chances of the expense that you re going to take on to try and build these export plans and then finally get to a market state seven or eight years down the road yes. where it works, and you can make this money back over the course of time, nobody wants to do this.
would begin drilling in every possible conceivable place within our territories in order to have production that we could supply europe with if it s interrupted from ukraine. joining me now, oil trader dan dicker, author of oil s endless bid. i want to talk about why this is a bad argument because despite the fact your appearance on this show refuting it happened last week, people are still making it which i can t make heads nor tails of. quickly, it s amazing to me this guy from the coal state is saying, frack more, drill everywhere, which is killing coal in kentucky. unless rand paul wants to see exxon or chevron become state-run entities, you have to do something that s profitable in order to get them to do it. transporting lng to europe is so intensely unprofitable. it looks like it should be profitable, and it might be right now, but the chances of the expense that you re going to take on to try and build these
interrupted from ukraine. joining me now, oil trader dan dicker, author of oil s endless bid. i want to talk about why this is a bad argument because despite the fact your appearance on this show refuting it happened last week, people are still making it which i can t make heads nor tails of. quickly, it s amazing to me this guy from the coal state is saying, frack more, drill everywhere, which is killing coal in kentucky. unless rand paul wants to see exxon or chevron become state-run entities, you have to do something that s profitable in order to get them to do it. transporting lng to europe is so intensely unprofitable. it looks like it should be profitable, and it might be right now, but the chances of the expense that you re going to take on to try and build these export plans, and then finally get to a market state seven or eight years down the road yes. where it works and you can make this money back over the
the keystone pipeline must be approved. the more oil and natural gas the usa and canada can produce and distribute the weaker russia becomes on the world stage. how do you say drill, baby drill in russian? joining me now, sam seder, host of majority report and dan dicker author of oil s endless bid. you work in the hydrocarbon markets. you ve been a trader on those desks. this critique, the argument coming from the right which is you have to drill more and that will reduce that will disempower putin. what do you make of it? absurd. the russians do have a major control, major influence on most of eastern europe through natural gas. but we have to distinguish between natural gas which is a gas and crude oil which is a liquid. if you want to move a liquid from one place to another, you put in the a dixie cup and you can move it any way you like. natural gas has two ways of being transported, one is through pipelines.
would skew the political system. if our political institutions were perfect they would absolutely prevent the political domination of money in any part of our affairs. there are not a few public men who, though they would repel with indignation an offer of a bribe. in other words, terry roosevelt was worried about what we just saw today. even though we have something everyone agrees is bad policy. when it comes down to brass tax, we can t get rid of it. why can t we get rid of it? you re looking at it. teddy roosevelt s nightmare come true. joining us now, dan dicker, author of oil s endless bid. he is a trader with 25 years