OPEC might have to Flood the market with Oil because Biden has American Oil Booming at Record Production

[surada]

Dumbest graph ever! 4

Yep! Biden allowed it to happen just like his boss, Obama. In Biden's case, his weakness was allowing the pipeline to flow to Germany and Europe giving him the funds to fight this war and kill hundreds of thousands of people already. Blood is on the hands of Biden and all those who voted for the idiot Commie. Putin was controlled by Trump because he would not allow the money to flow to Putin. It's Biden's fault. Just like it was Obama's fault when Putin attacked Ukraine the first time. Biden's a woosie.

Nordstream2 was eleven years in development...and it was a great idea to sell natural gas from Russia and the Stans to Europe. Putin pissed away 3 billion dollars.

 

[Lesh]

Wrong again, Synthia.

Russia still sold oil to Europe and later made deals with China and India. They’ve been selling oil just fine.

Sanctions on Russian oil have failed. Were they ever meant to succeed?

Western sanctions imposed a year ago have hardly dented Russia’s ability to wage war.

www.aljazeera.com

Also, they only produce 10% of the world’s oil, the US makes 21%.

Russia was selling oil to primarily to China and Russia… at a discount. That over time lowers the price

 

[Cellblock2429]

Joe Biden has US production booming at record levels, more than Trump, more than any president ever !
Joe Biden's booming Oil Production and his timely and skillful SPR releases, and his increase in non-OPEC supply has oil prices plummeting to the low $70/barrel !

US production is so strong and that is set to continue ! Non-OPEC production is also set to increase !
OPEC and corrupt Saudi Arabia (who gave Kushner a $2B bribe) has cut back production so substantially to try and prop up the price of oil because US production is so booming.

In 2014, under Obama's booming oil production, OPEC and the Saudis flooded the market to try and wash out booming US production, and oil dropped to under $40. OPEC might have to do that again because of Joe Biden's booming US oil Production.

Funny how US oil production surged and boomed under both Obama and now Biden... Biden has set the US record for oil production !!

/-----/ Another epic failure by Dementia Joe. Bedpan Joe can't keep his campaign promises.

In intimate moment, Biden vows to 'end fossil fuel' | AP News​

I guarantee you. We're going to end fossil fuel." The activist, 24-year-old Rebecca Beaulieu, later said she appreciated that Biden took her question seriously, but that he was not satisfied with Biden's plan to eliminate net carbon emissions by

 

[Synthaholic]

Also, they only produce 10% of the world’s oil, the US makes 21%.

That's a lot.

Global oil production share by country 2022 | Statista

The United States accounts for 18.9 percent of global crude oil production, making it the largest oil producing country in the world.

www.statista.com

 

[Synthaholic]

/-----/ Another epic failure by Dementia Joe. Bedpan Joe can't keep his campaign promises.

In intimate moment, Biden vows to 'end fossil fuel' | AP News​

I guarantee you. We're going to end fossil fuel." The activist, 24-year-old Rebecca Beaulieu, later said she appreciated that Biden took her question seriously, but that he was not satisfied with Biden's plan to eliminate net carbon emissions by

Uncle Joe gets gas prices down, scaring the shit out of Trump-humpers, so all they can bitch about are non-existent campaign promises.

Democrats are winning, folks. And BIGLY!

 

[Cellblock2429]

Uncle Joe gets gas prices down, scaring the shit out of Trump-humpers, so all they can bitch about are non-existent campaign promises.

Democrats are winning, folks. And BIGLY!

/——/ Non existent campaign promises? Are you running with that big fat lie now? The desperation is seeping out of your pores.

 

[Toro]

The glut of 2014 wasn't about the US. It was about undermining Russia.

No, it was about slamming US shale.

2020 was about undermining Russia.

 

[Toddsterpatriot]

Funny how US oil production surged and boomed under both Obama and now Biden...

Funny how both twats wanted to reduce US production and then bragged when it increased.

 

[Toddsterpatriot]

Wrong.
High oil production just means that instead of running out in 50 years, we run out in 20 years.
Places like Saudi Arab have over 70 times more oil than we have.

Biden has no "renewable energy production", since solar and wind are too unreliable, require huge batteries, are too expensive, and take up too much landscape.

Unless he promotes something like nuclear or hydrogen, it is a total washout.
Electric cars, furnaces, water heaters, etc., are the least efficient and most polluting.

And we need to conserve oil for fertilizer production.

Unless he promotes something like nuclear or hydrogen, it is a total washout.

How would you produce hydrogen?

And we need to conserve oil for fertilizer production.

As far as I can tell, we make zero fertilizer from oil.

 

[Cellblock2429]

Unless he promotes something like nuclear or hydrogen, it is a total washout.

How would you produce hydrogen?

And we need to conserve oil for fertilizer production.

As far as I can tell, we make zero fertilizer from oil.

/—-/ Libs have declared war on farmers. They want us eating bugs.

 

[justoffal]

“Allows that war to begin…”

That’s about as stupid a statement as you can make.

There is one reason that war started and one reason only

Putin

Nah.... This was not unilateral.

 

[justoffal]

Unless he promotes something like nuclear or hydrogen, it is a total washout.

How would you produce hydrogen?

And we need to conserve oil for fertilizer production.

As far as I can tell, we make zero fertilizer from oil.

Petro chemical fertilizer is the largest source of agricultural stimulant on the planet.

 

[justoffal]

Wrong.
High oil production just means that instead of running out in 50 years, we run out in 20 years.
Places like Saudi Arab have over 70 times more oil than we have.

Biden has no "renewable energy production", since solar and wind are too unreliable, require huge batteries, are too expensive, and take up too much landscape.

Unless he promotes something like nuclear or hydrogen, it is a total washout.
Electric cars, furnaces, water heaters, etc., are the least efficient and most polluting.

And we need to conserve oil for fertilizer production.

Hydrogen could be a partial answer ( certainly not a complete answer) if the electrolysis is solar powered.
Have to be a goddamned huge production plant though.

 

[surada]

Unless he promotes something like nuclear or hydrogen, it is a total washout.

How would you produce hydrogen?

And we need to conserve oil for fertilizer production.

As far as I can tell, we make zero fertilizer from oil.

Sulfur and other chemicals in fertilizer come out of the oil refinery. KSA sells thousands of tons of fertilizer to southeast Asia.

 

[Cougarbear]

Trump didn't stop Russia from selling gas or oil to Germany.

In fact, Trump couldn't even get Germany to stop building Nordstream 2 let alone stopping Germany from buying energy from Russia.

You are clueless! He stopped them. It was Biden that gave Germany the okay to finish and sell the oil so Putin could start the war up again. Russia wasn’t going to do anything because Trump meant what he said by bombing Russians in Syria killing many of their soldiers. The leaders of the world respected Trump’s words and there were no wars. They laughed at Obama with the Arab Spring terror wars and Putin attacking Ukraine. And, once again, Biden who is Obama 2.

 

[surada]

Have you bothered to look at your own gas, oil, food and electricity bills lately? What a booming energy program! HAHAHA!!!
Such utter nonsense. If we were doing so well, all our prices would have gone back to pre-Biden. But, it has not.

What was the lowest price of oil during the pandemic?
WTI crude oil prices dropped to $46.78 per barrel in March 2020, and fell to a historic low $-36.98 per barrel in April of the same year.

That's right! Negative 36.98 per barrel! OPEC didn't matter because we were oil self-sufficient.

New YorkCNN Business —
US oil prices plunged another 8% Friday, finishing at a fresh 18-year low of $18.27 a barrel. At one point, crude dropped to $17.33 a barrel – the weakest price since November 2001.

https://www.cnn.com/2020/04/17/business/oil-prices-crash-opec-trump/index.html

The US has never been oil independent. Trump is liar and thinks y'all are fools.

 

[Cougarbear]

Full-time jobs are at an all-time high.

Trump didn't have any better record at job creation than Obama. Notwithstanding 2020, the rate of full-time job creation during Obama's last three years was just the same as it was under Trump's first three years.

View attachment 879286

Employed, Usually Work Full Time

Graph and download economic data for Employed, Usually Work Full Time (LNS12500000) from Jan 1968 to Mar 2024 about full-time, 16 years +, household survey, employment, and USA.

fred.stlouisfed.org

Hahaha!!! Is that why 30 and under are living at home and can’t afford buy homes? They’ve turned on Biden. They are beginning to see what socialism and communism is really about. And, even with full time work, they also work part-time to make ends meet. No, Biden didn’t do a thing to improve jobs. You will also find increasing jobs are mostly found in red states.

 

[Cougarbear]

Nordstream2 was eleven years in development...and it was a great idea to sell natural gas from Russia and the Stans to Europe. Putin pissed away 3 billion dollars.

And Trump would not allow it to be completed and open to Germany and Europe. This made Putin unable to fight a war. So, Putin helped Biden win and we have war all over in the world again. Democrats are now warmongers.

 

[justoffal]

The US has never been oil independent. Trump is liar and thinks y'all are fools.

In a commoditized global market nobody is independent. However the Sauds do subsidize low fuel prices for their citizens. We should be doing the same here.

 

[Synthaholic]

/——/ Non existent campaign promises? Are you running with that big fat lie now? The desperation is seeping out of your pores.

Show it in a Biden campaign speech or shut the fuck up, liar.