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Pipelines do not extract petroleum from the planet it does transport it yet so does planes, trains and ships. The US has over 200,000 miles of pipelines for petroleum how is one pipeline less than one hundred miles of Canadian oil going to interfer with US oil production?Guess he thinks the manual typewriter is more efficient then computers
Petroleum increases because companies invest in expansion of production.If your rules are very strict, does that reduce production?
Why is the US the number one producer of oil in the world?
Do you think Obama's policies caused US production to increase?
Which ones?
Well, Biden jerked them off by asking Opec to drill more......they said he should have asked them.The Texas wildcatters that ushered in America’s shale revolution are resisting the temptation to pump more oil as the market rallies, signaling higher gasoline prices for consumers already battered by the worst inflation in a generation.
Crude prices hurtling toward $100 a barrel typically would spark a frenzy of new drilling by independent explorers in shale fields from the desert Southwest to the Upper Great Plains -- but not this year. Influential players like Pioneer Natural Resources Co., Devon Energy Corp. and Harold Hamm’s Continental Resources Inc. just pledged to limit 2022 production increases to no more than 5%, a fraction of the 20% or higher annual growth rates meted out in the pre-pandemic era.
Shale giants swear they won't drill more, even at $200 a barrel
The timing couldn’t be worse for consumers, but the message from shale country is loud and clear: the independents won’t repeat the mistakes of the past by flooding the world with cheap oil.worldoil.com
So much for the inflation excuse.
Just think of all the crisis possibilities by moving oil by rail and truck.Pipelines do not extract petroleum from the planet it does transport it yet so does planes, trains and ships. The US has over 200,000 miles of pipelines for petroleum how is one pipeline less than one hundred miles of Canadian oil going to interfer with US oil production?
Meh.....read the fine print.US oil production doubled during the Obama presidency.
Barack Obama
Former President of the United States
"That whole suddenly America’s like the biggest oil producer … that was me, people."
Interview at Rice University – Tuesday, November 27, 2018
“Oil production did go up through the Obama Administration’s tenure, but it had everything to do with price and the technological breakthroughs that were made by the industry,” Tom Kloza, an oil industry analyst and a founder of the Oil Price Information Service, told us via email. “The Arab Spring led to a long period where global crude prices, particularly for light sweet crude, were quite high — $80-$110 bbl generally — and that was plenty of incentive to find crude via more sophisticated (and for some time) expensive fracking techniques.”
We were. You really need to catch up.No it merely sets the rules. Why is the US the number one producer of oil in the world?
Libtard logic 101 the anti drilling, anti pipeline president Obama doubled oil production because of his energy policies ??
How does that work? You think a football team that punts on first down scores 7 points also?
US oil production increased in SPITE of what was done by President Obama, NOT because of what he did. As you know, President Obama said that he was fine with gas prices reaching $4.00 a gallon. Obama forbid the use of fracking on government land but could not stop it on private land. Fracking plus the Bakken Oil Field and fracking on other private land countered everything Obama had promised and wished for.US oil production doubled during the Obama presidency.
The president has nothing to do with the price of oil unless he starts a war or something.
Obama had nothing to do with it. The increased production was because the ppb was high.Meh.....read the fine print.
No that was about Israel... Or are you talking about the Iranian revolution?So Jimmy Carter started a war or something?
My God you are dense. Oil companies bought and leased rigs because the price of a barrel of oil was high. They never invest when the ppb is low.US oil production increased in SPITE of what was done by President Obama, NOT because of what he did. As you know, President Obama said that he was fine with gas prices reaching $4.00 a gallon. Obama forbid the use of fracking on government land but could not stop it on private land. Fracking plus the Bakken Oil Field and fracking on other private land countered everything Obama had promised and wished for.
Hit and run in the desert.So Jimmy Carter started a war or something?
No that was about Israel... Or are you talking about the Iranian revolution?
You said 'Under Obama' which sounds like a claim.Obama had nothing to do with it. The increased production was because the ppb was high.
Hit and run in the desert.
US production doubled while Obama was in office. Obama was pleased, but he didn't take credit for it.You said 'Under Obama' which sounds like a claim.
That's ok, he tried to take credit for it and was shown to be full of BS.
Yep....remember it well and all the other Carter moves.
US production doubled while Obama was in office. Obama was pleased, but he didn't take credit for it.
Obama's Misleading Oil Boast - FactCheck.orgBarack Obama
Former President of the United States
"That whole suddenly America’s like the biggest oil producer … that was me, people."
Interview at Rice University – Tuesday, November 27, 2018
US production doubled while Obama was in office. Obama was pleased, but he didn't take credit for it.
Obama: "Suddenly America is the largest oil producer, that was me people … say thank you." pic.twitter.com/VfQfX1SR0x
— Tom Elliott (@tomselliott) November 28, 2018
Carter had really bad intelligence on Iran. Our people were too close to the shah. We were blindsided. One of my closest friends was there working for the shah and reporting to the US government. He said they blew it.Yep....remember it well and all the other Carter moves.
Have to wonder if history will repeat itself.
