- Sep 19, 2011
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Not only did Biden in his first 7 days ban exploration on land that provides 24% of the nation's oil and gas....
Production fell from its peak at nearly 36% in 2009 to less than 24% in 2017. Obama's fault now Biden's !
Obama responded that he “would have preferred a gradual adjustment” NOTE: Not a price reduction but higher prices!
www.factcheck.org
BUT!!!
President Joe Biden on his first day in office restored the climate cost estimate to about $51 per ton of carbon dioxide emissions, after President Donald Trump had reduced the figure to $7 or less per ton.
Trump’s estimate included only damages felt in the U.S. versus the global harm previously used by President Barack Obama.
apnews.com
DUH!!!!
So geez, what would oil companies do???? RAISE THEIR PRICES to refineries, refineries raise prices to gas stations and hmmm...
Why we have now $4.31/gallon nationally... California?? Nearly $6.00... something Obama wanted as president!
Obama responded that he “would have preferred a gradual adjustment”
Cutting oil production before we cut our demand for oil could undermine much of the progress that needs to be made on climate change.
Why it matters: If companies cut back on producing oil but consumers don’t cut back on consuming it, demand will exceed supply and prices will shoot up. That’s bad for our pocketbooks and risks the transition to cleaner energy.
www.axios.com
Production fell from its peak at nearly 36% in 2009 to less than 24% in 2017. Obama's fault now Biden's !
Obama responded that he “would have preferred a gradual adjustment” NOTE: Not a price reduction but higher prices!
Obama Wanted Higher Gasoline Prices? - FactCheck.org
Republican presidential candidates Mitt Romney and Newt Gingrich have repeatedly lifted several quotes out of context to allege that President Barack Obama and his administration actually wanted to drive up the price of gasoline, and have succeeded. Gingrich said Obama wants gasoline prices to...
www.factcheck.org
President Joe Biden on his first day in office restored the climate cost estimate to about $51 per ton of carbon dioxide emissions, after President Donald Trump had reduced the figure to $7 or less per ton.
Trump’s estimate included only damages felt in the U.S. versus the global harm previously used by President Barack Obama.
Biden halts oil, gas leases amid legal fight on climate cost
The Biden administration is delaying decisions on new federal oil and gas drilling and other energy-related actions.
apnews.com
So geez, what would oil companies do???? RAISE THEIR PRICES to refineries, refineries raise prices to gas stations and hmmm...
Why we have now $4.31/gallon nationally... California?? Nearly $6.00... something Obama wanted as president!
Obama responded that he “would have preferred a gradual adjustment”
Cutting oil production before we cut our demand for oil could undermine much of the progress that needs to be made on climate change.
Why it matters: If companies cut back on producing oil but consumers don’t cut back on consuming it, demand will exceed supply and prices will shoot up. That’s bad for our pocketbooks and risks the transition to cleaner energy.
Rising gasoline prices signal trouble for climate change action
High prices are bad for our pocketbooks and endanger the transition to cleaner energy.
www.axios.com
