Althea
Althea told me...........
Stop straying.
A national oil company will keep prices steady no matter world events.
Biden's war on oil continues
- Thread starter Matt Dillon
- Start date
A national oil company will keep prices steady no matter world events.
Matt Dillon
Semolina comes from wheat
Stop trying to make America into Venezuela and Russia!
ExpressLane
Verified User
Oh Gee Biden is trying to kill investment in oil ? Color me surprised.Now Biden is trying to remove gas & oil exploration subsidies at a time when the cost of gas is the highest it's ever been.
"President Joe Biden’s budget proposes to scrap more than $45 billion in fossil fuel subsidies, his administration’s latest attack on the beleaguered industry.
The White House budget will remove more than a dozen fossil fuel industry tax credits, increasing the federal government’s revenue by an estimated $45.2 billion between 2023-2032, according to the proposal published Monday. The administration explained that the proposal was written to prevent further fossil fuel investment."
https://www.shorenewsnetwork.com/20...iden-calls-for-raising-taxes-on-oil-drillers/
Looks to me like Biden wants people to suffer more.
Think about that: They don't want any further investment in oil. None. In essence they want to cut it off. I wonder if they realize where plastic comes from?
Matt Dillon
Semolina comes from wheat
At a time when fuel prices are the highest ever. It defies even being able to think he's trying to do good for Americans.
It looks like this is a traitorous takedown.
what did Venezuela do?? They have a national oil company.
They bled the wells dry to pay for their social programs, they did not re-invest in technology or exploration
They just used oil as a cash cow.
The Venezuelan Oil Industry Collapse
https://www.iai.it/en/pubblicazioni...se-economic-social-and-political-implications
The government’s need for money was insatiable, as it requiered funds to sustain its foreign exchange policy and skyrocketing external debt due to new loans approved between 2015–2017 especially from China. According to statements made by Maduro,[6] the government paid more than 70 billion dollars in debt service, sacrificing essential resources, both for PDVSA operations and for imports and necessary supplies for the Venezuelan economy and people.
Maduro’s government, already in control of PDVSA’s Board of Directors from mid-2014, diverted the budgetary resources necessary to maintain operations, ignoring the company’s future and that of the broader country. It was a terrible mistake. The consequence of an incredible mix of mismanagement,[7] lack of knowledge and disinterest in protecting and cultivating PDVSA’s key role in the Venezuelan economy.
ExpressLane
Verified User
Matt Dillon
Semolina comes from wheat
SLATEYou have to be kidding.
NerdSperg definitely isn't the sharpest marble in the bag.
Minister of Truth
Practically Perfect
I like how this poll has an option for Brian Stelter. 
gemini104104
Verified User
Now Biden is trying to remove gas & oil exploration subsidies at a time when the cost of gas is the highest it's ever been.
"President Joe Biden’s budget proposes to scrap more than $45 billion in fossil fuel subsidies, his administration’s latest attack on the beleaguered industry.
The White House budget will remove more than a dozen fossil fuel industry tax credits, increasing the federal government’s revenue by an estimated $45.2 billion between 2023-2032, according to the proposal published Monday. The administration explained that the proposal was written to prevent further fossil fuel investment."
https://www.shorenewsnetwork.com/20...iden-calls-for-raising-taxes-on-oil-drillers/
Looks to me like Biden wants people to suffer more.
Think about that: They don't want any further investment in oil. None. In essence they want to cut it off. I wonder if they realize where plastic comes from?
Your post here amounts to a concoction of trolling bullshit, stupidity and fact free nonsense. Consider the facts versus your trolling crap:
How Much Does the President Control Gas Prices?
Although gas prices, especially where they sit now, are often assumed to be a force of political influence, they are actually governed by economic drivers and basic laws of supply and demand. Unfortunately, President Biden can’t just push a button and let everyone pay $3 per gallon again.
The current oil price crisis escalated in dramatic layers over the course of the past two years. OPEC+ oil-producing countries decided to halt production of oil during the pandemic in response to a sharp decrease in demand, specifically airline and commercial travel. In April 2020, these member countries were actually sitting on a surplus of oil (greater supply than demand), and with the pandemic developing rapidly in its early stages they decided to cut back production to protect their supply and sustain prices as much as they could.
Then in July 2021, these countries reached an agreement to begin pumping more oil in an attempt to reach pre-COVID levels after cutting back due to supply chain blockages during the pandemic.
One of the greatest stressors for oil prices during the recovery was the unprecedented timelines in which demand then quickly shot back up — but without the readiness of oil-producing countries to suddenly shoot supply back up."
https://www.gobankingrates.com/money/economy/does-president-control-gas-prices/
Matt Dillon
Semolina comes from wheat
I like how this poll has an option for Brian Stelter.
That would be "potato".
Matt Dillon
Semolina comes from wheat
Biden started fucking up America's fuel supply day 1, you fucking dimwitted maggot:
"Sec. 7. Other Revocations. (a) Executive Order 13766 of January 24, 2017 (Expediting Environmental Reviews and Approvals For High Priority Infrastructure Projects), Executive Order 13778 of February 28, 2017 (Restoring the Rule of Law, Federalism, and Economic Growth by Reviewing the “Waters of the United States” Rule), Executive Order 13783 of March 28, 2017 (Promoting Energy Independence and Economic Growth), Executive Order 13792 of April 26, 2017 (Review of Designations Under the Antiquities Act), Executive Order 13795 of April 28, 2017 (Implementing an America-First Offshore Energy Strategy), Executive Order 13868 of April 10, 2019 (Promoting Energy Infrastructure and Economic Growth), and Executive Order 13927 of June 4, 2020 (Accelerating the Nation’s Economic Recovery from the COVID-19 Emergency by Expediting Infrastructure Investments and Other Activities), are hereby revoked. Executive Order 13834 of May 17, 2018 (Efficient Federal Operations), is hereby revoked except for sections 6, 7, and 11.
(b) Executive Order 13807 of August 15, 2017 (Establishing Discipline and Accountability in the Environmental Review and Permitting Process for Infrastructure Projects), is hereby revoked. The Director of OMB and the Chair of the Council on Environmental Quality shall jointly consider whether to recommend that a replacement order be issued."
https://www.whitehouse.gov/briefing...d-restoring-science-to-tackle-climate-crisis/
This is a continuation of his war on The American Dream.
His stifling of American oil production led to empowering Russia to start a war. You are an absolute 3/4 of a functioning person, if that much
Althea
Althea told me...........
Venezuela and Russia don't have the spikes in fuel prices that we do.
Why do you hate American consumers?
Althea
Althea told me...........
Matt Dillon
Semolina comes from wheat
They consistently pay more for gas and their standard of living is much lower, fucktard.
Meat is a luxury in those countries, you commie piece of shit.
Matt Dillon
Semolina comes from wheat
Where the fuck do you get off with that assumption, fucktarded commie faggot cocksuck?
How do you get that from me posting the precise point where Biden fucked up America's fuel supply on Day 1 of his presidency?
I bet you have gay seks with a unicorn every night.
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gemini104104
Verified User
Regardless of this petty insult, apparently you are retarded when it comes to the economics of supply, demand and foreign influences on the oil supply, etc.
Matt Dillon
Semolina comes from wheat
STFU you Gollum fucking white dog turd.
You're the dog turd that got missed by the shovel for a couple weeks, you piece of white dogshit.
There's no way you are a functioning adult.
T. A. Gardner
Thread Killer
Biden's administration has also dropped uranium as a critical mineral, is siding with a handful of radical Leftist groups to close the US's only uranium processing mill, and end most uranium mining.
The US gets just over 20% of all our energy production from nuclear. With no US production of uranium, the industry will have to buy product from China and Russia to keep the plants going. There is ZERO means to replace nuclear power with solar and wind in less than several decades, if ever. Yet, the Joke administration is killing of our single largest source of zero carbon emissions because the Left hates nuclear power.
https://www.msn.com/en-us/news/poli...ical-minerals-list-reversing-trump/ar-AAQvKpM
https://www.dailykos.com/stories/20...that-include-closing-a-poisonous-uranium-mill
The US gets just over 20% of all our energy production from nuclear. With no US production of uranium, the industry will have to buy product from China and Russia to keep the plants going. There is ZERO means to replace nuclear power with solar and wind in less than several decades, if ever. Yet, the Joke administration is killing of our single largest source of zero carbon emissions because the Left hates nuclear power.
Althea
Althea told me...........
Idiot. The topic is fuel and oil, not meat.They consistently pay more for gas and their standard of living is much lower, fucktard.
Meat is a luxury in those countries, you commie piece of shit.
IF they paid more for fuel, which they don't, it would be because the govt. isn't getting billions per year from lobbyists.
What makes you believe that a Fed. oil company will turn the U.S into Communists?
You really need to stop drinking while you watch Fox.