You do not seem to understand. I want to be replaced. They want to replace me, because I am extremely expensive. If it were easy to find a replacement, it would be done already.
Housing Bubble is bursting
- Thread starter Celticguy
- Start date
You do not seem to understand. I want to be replaced. They want to replace me, because I am extremely expensive. If it were easy to find a replacement, it would be done already.
Monad Portal
Was it me?
envirowacko hatred for our nation is the cause.
hobbling america is the point of envirowackoism.
"Envirowackoism" drove the oil price into negative territory two years ago? How?
Monad Portal
Was it me?
So you admit the worst market failure in our lifetime that has destroyed the oil industry is trump's fault?
You cannot have it both ways. It either is his fault or it is not.
Monad Portal
Was it me?
the market is functioning. biden constricting production has market effects and geopolitical catastrophic effects.
the only thing im having both ways is your mom.
When oil companies have to pay money to sell oil, that is called a market malfunction. Because of that market malfunction, everyone is afraid to invest in oil production. That has meant a two year drop in development.
Try again, Biden was not President two years ago.
Monad Portal
Was it me?
You're babbling again.
Two years ago, the price of oil went negative. Nobody had ever heard of such a market failure, where oil companies had to pay to sell the oil they had produced. Investment in development dried up, and has only within the last year begun flowing a little more again.
There is no way to blame Biden for that. It is on trump.
danielpalos
Verified User
Infrastructure upgrade is going to create demand eventually.
Monad Portal
Was it me?
this market failure assertion is pure retardation.
Monad Portal
Was it me?
yer dum.
The prices of oil are a matter of public record. On April 20, 2020 (almost two years ago), WTI crude contract dropped to NEGATIVE $37.63 a barrel. You may not like the facts, but those are the facts.
Monad Portal
Was it me?
thats great for the consumer.
You consume a lot of crude oil? It was briefly great for refiners. They really do consume crude oil.
Briefly, because it has disrupted the investment into oil development. They got one really good day, which will be followed by decades of problems.
Monad Portal
Was it me?
The oil problems all stem from biden shutting down domestic production because he's an anti-american douchehole.
you're talking bullshit with no meaning.
Biden was a private citizen two years ago, so he could not have caused the problems. Try again.
Monad Portal
Was it me?
prices are high now.
europe is over dependant on russian oil now.
shutting down production is biden's recent idiotic action.
his failure is all on him.
Biden has not shutdown any production. In fact, very little production has been shutdown in general. Much of the production cannot be shutdown. The real question is development that replaces the shutdowns due to depletion.
Development shutdown 2 years ago, when trump was in the white house.
Blaming Biden for Russia being a major oil producer is even crazier.
Monad Portal
Was it me?
yes he has.
Biden suspends oil and gas leasing in slew of executive actions on climate change
PUBLISHED WED, JAN 27 20211:56 PM ESTUPDATED WED, JAN 27 20212:12 PM EST
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Emma Newburger
@EMMA_NEWBURGER
President Joe Biden on Wednesday signed a series of executive orders that prioritize climate change across all levels of government and put the U.S. on track to curb planet-warming carbon emissions.
Biden’s orders direct the secretary of the Interior Department to halt new oil and natural gas leases on public lands and waters, and begin a thorough review of existing permits for fossil fuel development.
The series of actions kick off the president’s agenda to reduce the country’s emissions and establish stricter targets under the Paris climate accord.
US President Joe Biden speaks on climate change, creating jobs, and restoring scientific integrity before signing executive orders in the State Dining Room of the White House in Washington, DC on January 27, 2021.
US President Joe Biden speaks on climate change, creating jobs, and restoring scientific integrity before signing executive orders in the State Dining Room of the White House in Washington, DC on January 27, 2021.
Mandel Ngan | AFP | Getty Images
President Joe Biden on Wednesday signed a series of executive orders that prioritize climate change across all levels of government and put the U.S. on track to curb planet-warming carbon emissions.
Biden’s orders direct the secretary of the Interior Department to halt new oil and natural gas leases on public lands and waters, and begin a thorough review of existing permits for fossil fuel development.
In addition to the pause on leasing, Biden will direct the federal government to conserve 30% of federal lands and water by 2030 and find ways to double offshore wind production by that time.
The series of actions kick off the president’s agenda to reduce the country’s emissions and establish stricter targets under the Paris climate accord, the landmark agreement by nearly 200 nations aimed to mitigate climate change.
“We’ve already waited too long to deal with the climate crisis. We cannot wait any longer,” Biden said during a briefing on Wednesday.
“Our climate plans are ambitious,” Biden said. “But we are America. We are unwavering in our commitment to innovation.”
On his first day in office last week, Biden had the United States re-enter the Paris accord. He also cancelled the permit for the construction of the Keystone XL pipeline.
During Barack Obama’s presidency, the U.S. vowed to curb emissions between 26% and 28% below 2005 levels by 2025 but has failed to come anywhere near that goal. Progress on reductions essentially halted during the Trump administration, which minimized the role of climate change and weakened more than 100 environmental regulations in favor of fossil fuel producers.
Biden, who has assembled the largest-ever White House team of climate experts, has vowed to unveil more ambitious targets at the major U.N. climate summit this year in Scotland.
https://www.cnbc.com/2021/01/27/biden-suspends-oil-and-gas-drilling-in-series-of.html