Biden's war on oil continues

Are Biden policies good for Americans?

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archives said:
"Subsides," I thought the right opposed Government handouts?

If the market is that demanding, prices high, why does the Government have to subside producers?

And you are aware that the US is the seventh highest exporter of oil in the world?
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The States is a net oil importer, not exporter of oil, in 2021.
 
Phantasmal said:
Lol, so Biden is now responsible for the lack of nuclear facilities?

You're going to have to find another reason to impeach him.

“The administration continues to show significant support for proven solutions like nuclear. NEI looks forward to working with Congress to ensure nuclear is recognized as essential to our economic recovery, addressing the climate crisis, and creating the clean energy jobs of the future,” said NEI President and Chief Executive Officer Maria Korsnick.”
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Already have one. Biden gave weapons to the enemy in time of war.
 
T. A. Gardner said:
Convenient you left out this:



That is, that's what the government says. It doesn't mean that's what the price you pay at the pump is. Black markets are a staple of daily life in Socialist dictatorships. They were a major reason the economy in the Soviet Union collapsed for example. They exist because the official economy doesn't work.
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LOL. Do you REALLY want to take up Dillon's argument?
 
Biden is losing his vicious bloody war on oil. There are 9137 approved and available permits on government and Indian lands. Oil production this year was 11,000 barrels a day. During Trump it was 9,000. Biden is losing that war.
 
Althea said:
LOL. Do you REALLY want to take up Dillon's argument?
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Gasoline, and everything else, is grossly expensive in Venezuela due to the FACT that a Socialist dictatorship is running the country. Black markets are the place people go to get what they must have because that's the only place the average person can get it.

Want to know what the value of money in Venezuela really is? A guy that works at Home Depot in Alabama is the one you go to...

Venezuela’s Nemesis Is a Hardware Salesman at a Home Depot in Alabama
His site tracks black-market exchange of the bolivar, swaying the price of everything
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https://www.wsj.com/articles/venezu...alesman-at-a-home-depot-in-alabama-1479672919

Here's his site:

https://dolartoday.com/

Gustavo Diaz created a website called DolarToday that helps Venezuelans navigate their underground economy.

It's so prolific, that it affects the price of almost everything; affecting approximately 15 million dollars of transactions each day.

His site has an online calculator, that uses algorithms to give you the "actual value" of your bolivars.

It's illegal, in Venezuela, to publish exchange-rates outside of the government's officially set currency rate – but Diaz's site does just that … basing prices off of what people are paying on on the underground market.

Now, in real life, Gustavo Diaz is a political refugee who was marked as an enemy of state after participating in an unsuccessful coup against the government of Hugo Chavez.
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https://capitalogix.com/2016/12/ven...dependent-on-one-guy-at-an-alabama-home-depot

That's who's setting exchange rates and the "real" economy of Venezuela today. That's how fucked up living in a Socialist dictatorship "paradise" is.
 
T. A. Gardner said:
Gasoline, and everything else, is grossly expensive in Venezuela due to the FACT that a Socialist dictatorship is running the country.
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You're still taking up the debate of a drunk. Stop trying to make a point that isn't part of the discussion

A U.S Federal oil company that operates at cost is what we need. That doesn't mean we do away with the for profit companies. They can continue to sell on the open market.

You're making up stories about the cost of petro products in the nations that are the world's main producers. We already dump millions into an industry with record profits, and record spending on lobbyists.

Stop trying to make sense out of an argument that a drunk is trying to make.
 
Althea said:
You're still taking up the debate of a drunk. Stop trying to make a point that isn't part of the discussion

A U.S Federal oil company that operates at cost is what we need. That doesn't mean we do away with the for profit companies. They can continue to sell on the open market.

You're making up stories about the cost of petro products in the nations that are the world's main producers. We already dump millions into an industry with record profits, and record spending on lobbyists.

Stop trying to make sense out of an argument that a drunk is trying to make.
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No. What we need is a coherent energy policy based on science rather than one dictated by Leftist politics. Solar and wind are losers. We should go to a nuclear and natural gas policy for stationary production with a hydrogen or anhydrous ammonia portable fuel backed by gasoline. Abandon battery cars for the most part.

That is the most environmentally friendly path there is.

The energy companies are going to make money regardless of what politicians choose. What we need to do is force the politicians to choose what works not what is politically popular and wind and solar are the losers that the Left is trying to cram down our throats.
 
Althea said:
You're still taking up the debate of a drunk. Stop trying to make a point that isn't part of the discussion

A U.S Federal oil company that operates at cost is what we need. That doesn't mean we do away with the for profit companies. They can continue to sell on the open market.

You're making up stories about the cost of petro products in the nations that are the world's main producers. We already dump millions into an industry with record profits, and record spending on lobbyists.

Stop trying to make sense out of an argument that a drunk is trying to make.
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Take your stupid commie ideas and shove them right up your fucking ass, you fucking Stalinist retard.

No government seizing the means of production, you little Marxist cretin! Fuck you and your communist ways that have failed time and time again.

Get ready to starve, because it's coming due to Biden. Worldwide. This may be the 7 years of famine from the Bible.

I can actually see it happening, due to 1 cheated-in leader's fucktardedness.
 
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Matt Dillon said:
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. :palm:

"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? :palm:
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BS. Consider some further facts versus your trolling fiction:

Biden administration weighs largest ever draw from emergency oil reserve- sources

WASHINGTON (Reuters) - The Biden administration is considering releasing 1 million barrels of oil a day for several months from the Strategic Petroleum Reserve (SPR), three U.S. sources said, as the White House tries to control gasoline prices.

President Joe Biden deliver remarks on Thursday on his administration's actions, the White House said, as Russia's invasion of Ukraine and sanctions on Moscow have driven up the price of oil.

Russia is typically one of the world's top producers of oil, contributing about 10% to the global market. But sanctions and buyer's reluctance will remove about 3 million barrels per day (bpd) of Russian oil from the market starting in April, the International Energy Agency has said.

The sources did not say how long a 1 million bpd draw from strategic reserves being weighed would continue."
https://www.usnews.com/news/us/arti...ay-on-efforts-to-lower-gas-prices-white-house

Based on sources, the U.S. has 43.8 billion barrels of oil on reserve:
US proven oil reserves were 43.8 billion barrels (6.96×109 m3) as of 2018. The 2018 data is higher than the 39 billion barrels (6.2×109 m3) of proven reserves in 1970, when the supergiant Prudhoe Bay field was found in Alaska.

https://en.wikipedia.org/wiki/Oil_r...n oil reserves were,field was found in Alaska.

This would also be an effort to mitigate atrocities created by tRump's deplorable influence on humanity in terms of oil commodities:

The oil industry actually hasn’t done that well under Trump
The oil industry’s fortunes have been withering on President Donald Trump’s watch, with dozens of oil companies falling into bankruptcy as weak crude prices take a toll on the sector he contends would be abolished if he’s not reelected.

Though some of those industry woes were emerging last year as companies grappled with a glut of oil, people in the business say they were made worse by the president’s trade wars and mishandling of the coronavirus pandemic. So far least 40 U.S. oil companies have sought bankruptcy protection in 2020 while dozens of others have slashed spending and cut tens of thousands of jobs."
https://www.politico.com/news/2020/10/27/trump-oil-gas-industry-432722

Amid coronavirus pandemic, why is Donald Trump trying to push up fuel prices?
Trump’s decision to negotiate with oil producing nations to cut production by nearly 10 million barrels a day is not only unprecedented, it also is the opposite of what prior presidents have done. For decades, presidents have preached the virtues of cheap gasoline. When prices have peaked, they have accused Big Oil of price gouging and leaned on Saudi Arabia and others to increase production.

So why is Trump trying to push prices up now? A partial answer can be found in the fact that the U.S. oil industry has grown considerably in the past decade thanks to fracking and other drilling advances. It now employs more than 10 million people and has pushed the nation close to energy independence. When millions of Americans have already filed for unemployment because of the new coronavirus, why not try to keep oil industry workers in their jobs?"
https://www.usatoday.com/story/opin...ase-oil-prices-editorials-debates/2990544001/
 
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