Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Oil prices are always sensitive. The lack of drilling for new fields alone is going to lock us into higher prices in the future. The irony is that people will end up burning anything to survive for themselves and business and manufacturing and that in itself may make more pollution. You hate Putin and he according to you controlled Trump. From the expectation of Progs gaining power to now the Russians oil worth has gone from 4 trillion to 6.5 trillion. It seems Beijing Joe is more the friend.
There is plenty of oil and gas. The trick after a year of NO DEMAND is to get the PPB high enough that domestic producers won't go out of business... unless you want to nationalize our oil industry.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Oil prices are always sensitive. The lack of drilling for new fields alone is going to lock us into higher prices in the future. The irony is that people will end up burning anything to survive for themselves and business and manufacturing and that in itself may make more pollution. You hate Putin and he according to you controlled Trump. From the expectation of Progs gaining power to now the Russians oil worth has gone from 4 trillion to 6.5 trillion. It seems Beijing Joe is more the friend.
There is plenty of oil and gas. The trick after a year of NO DEMAND is to get the PPB high enough that domestic producers won't go out of business... unless you want to nationalize our oil industry.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Oil prices are always sensitive. The lack of drilling for new fields alone is going to lock us into higher prices in the future. The irony is that people will end up burning anything to survive for themselves and business and manufacturing and that in itself may make more pollution. You hate Putin and he according to you controlled Trump. From the expectation of Progs gaining power to now the Russians oil worth has gone from 4 trillion to 6.5 trillion. It seems Beijing Joe is more the friend.
There is plenty of oil and gas. The trick after a year of NO DEMAND is to get the PPB high enough that domestic producers won't go out of business... unless you want to nationalize our oil industry.
Are you saying the oil industry didn't make a profit over the past four years--the only time it profits is when democrats artificially increase the prices to $4........$5 a gallon? You are a fool as well as a communist. Capitalists don't advocate "nationalizing" anything.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Oil prices are always sensitive. The lack of drilling for new fields alone is going to lock us into higher prices in the future. The irony is that people will end up burning anything to survive for themselves and business and manufacturing and that in itself may make more pollution. You hate Putin and he according to you controlled Trump. From the expectation of Progs gaining power to now the Russians oil worth has gone from 4 trillion to 6.5 trillion. It seems Beijing Joe is more the friend.
There is plenty of oil and gas. The trick after a year of NO DEMAND is to get the PPB high enough that domestic producers won't go out of business... unless you want to nationalize our oil industry.
Are you saying the oil industry didn't make a profit over the past four years--the only time it profits is when democrats artificially increase the prices to $4........$5 a gallon? You are a fool as well as a communist. Capitalists don't advocate "nationalizing" anything.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
you write: "We have glut of oil on the market. I am surprised that this level of ignorance about oil production persists."
You know you make such stupid comments without ANY links!
Why can't you provide substantiation as I have when I make my comments?
You don't have any proof for that and here is the reason why!
Dummy! We are talking about the USA... not the world supply!
So for now the USA is oil independent...but not for long dummy!
In its monthly market report, the IEA gave a further 100,000-barrel-a-day boost to the amount by which it expects global oil demand to rebound in 2021--now 5.5 million barrels a day--while also forecasting another annual drop in U.S. supply. The agency expects American crude production to fall by 180,000 barrels a day.
Forecasts of a new oil super-cycle are exaggerated, with global crude inventories still far higher than they were a year ago when the coronavirus began to...
www.marketwatch.com
Do you see the above? It is called a LINK! Very simple to do.
Provide a link that shows USA oil production which is directly affected by the stopping of Federal oil leases by Biden!
Now here is a link that describes the gross and devastating affects on small businesses by Biden's actions!
Law called Bidenās promised policy āan existential threatā unlike any he has encountered in 40 years in the oil business, echoing the rhetoric used by some climate activists about the threat posed by global warming.
Many smaller drilling firms operate in a single state or basin, according to trade group Western Energy Alliance, and would struggle to pack up and leave.
āI actually live here,ā said Mark Murphy, a third-generation oilman in New Mexico. His company, Strata Production Co, has 15 employees and operates 47 wells, mostly on federal acreage.
U.S. President Joe Biden's promised ban on new oil and gas drilling on federal lands would take years to shut off production from top shale drillers because they already have stockpiled permits, according to Reuters interviews with executives.
President Joe Biden's administration has started approving hundreds of requests to drill on federal land, after a first month where the pace of federal permitting plunged 98pc from the same period last year.
www.argusmedia.com
The approval of oil and gas permits slowed to a trickle after Biden took office on 20 January, when the acting US interior secretary imposed a high-level review of permits for at least 60 days. But the number of permit approvals has picked up as the administration today reaches its 50th full day in office.
Oil and gas industry officials say the pace of permitting is still well below what is typical. BLM over the same 50-day stretch in 2020 issued more than 1,200 drilling permits, although at that time there was more drilling activity because Covid-19 restrictions were not widely in place and crude prices did not begin their steep dive due to Opec+ production disputes until late February.
Yeah, the OP did a cause and effect ..... falsity.
I wonder if Trump's admin was approving leases simply to approve leases without regard to econ need and social costs. I also wonder what exactly Biden's admin's basis for approving leases will be. It seems to my uniformed mind that there might be a basis for fewer leases for carbon extraction. Cost of electricity by source - Wikipedia
Hopefully the Biden admin will be forthcoming with information.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
You and Surada don't know shit. Commies never tell the truth. Does this look like Trump to you? China generated over half world's coal-fired power in 2020: study Yeah, the US taxpayer won't be hurt by the Paris accords--MUCH. This is what CCP Joe is helping along--with OUR tax $$$. I would say yours but you're a commie troll.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Read the article--I didn't say a word about US coal production your buddy Aldo did. I just fixed it for you and illustrated that China IS investing in coal fired power--and US taxpayers are going to pay for it through the misdirected spending of Paris Accords.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Read the article--I didn't say a word about US coal production your buddy Aldo did. I just fixed it for you and illustrated that China IS investing in coal fired power--and US taxpayers are going to pay for it through the misdirected spending of Paris Accords.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Read the article--I didn't say a word about US coal production your buddy Aldo did. I just fixed it for you and illustrated that China IS investing in coal fired power--and US taxpayers are going to pay for it through the misdirected spending of Paris Accords.
You just are not the sharpest knife in the drawer. Where did I say that ANYONE was investing in coal in the US? CCP Joe is promoting China (bought and paid for). China IS investing in NEW coal fired power plants. CCP Joe is promoting the Paris Climate Accords which the US taxpayer is the biggest contributor to. The Paris Climate Accords are fighting coal fired power plants. DO YOU NEED A PICTURE DRAWN FOR YOU TO UNDERSTAND COMMON SENSE. STFU Troll--I've had enough of your ignorant nonsense.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Read the article--I didn't say a word about US coal production your buddy Aldo did. I just fixed it for you and illustrated that China IS investing in coal fired power--and US taxpayers are going to pay for it through the misdirected spending of Paris Accords.
You just are not the sharpest knife in the drawer. Where did I say that ANYONE was investing in coal in the US? CCP Joe is promoting China (bought and paid for). China IS investing in NEW coal fired power plants. CCP Joe is promoting the Paris Climate Accords which the US taxpayer is the biggest contributor to. The Paris Climate Accords are fighting coal fired power plants. DO YOU NEED A PICTURE DRAWN FOR YOU TO UNDERSTAND COMMON SENSE. STFU Troll--I've had enough of your ignorant nonsense.
President Joseph R. Biden, Jr. recommitted the U.S. to the Paris Agreement today. Yesterday, the D.C. Circuit Court of Appeals made it easier for the EPA to adopt new greenhouse gas emissions limits, vacating Trump-era rules for fossil-fuel power plants, timely aiding Biden's climate change goals.
www.forbes.com
Jan 20, 2021 ā Coal-fired power plants likely to face stricter emissions rules. getty. The United States is officially rejoining the Paris Agreement. Thanks to a ...
Three Coal Plants Close the Same Day Trump Said to Exit the
Another reminder that the federal government can do little to save the coal industry.
www.greentechmedia.com
May 31, 2017 ā ... to withdraw from the Paris climate agreement, two East Coast companies made final arrangements to shutter three coal-fired power plants.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Naw, your $50K Tesla will be sitting in your garage due to the brown outs because of insufficient energy supplies to charge 300M cars with toxic batteries that are damaging the earth both in their production and disposal. Is there anything beyond the end of your nose?
Read the article--I didn't say a word about US coal production your buddy Aldo did. I just fixed it for you and illustrated that China IS investing in coal fired power--and US taxpayers are going to pay for it through the misdirected spending of Paris Accords.
You just are not the sharpest knife in the drawer. Where did I say that ANYONE was investing in coal in the US? CCP Joe is promoting China (bought and paid for). China IS investing in NEW coal fired power plants. CCP Joe is promoting the Paris Climate Accords which the US taxpayer is the biggest contributor to. The Paris Climate Accords are fighting coal fired power plants. DO YOU NEED A PICTURE DRAWN FOR YOU TO UNDERSTAND COMMON SENSE. STFU Troll--I've had enough of your ignorant nonsense.
President Joseph R. Biden, Jr. recommitted the U.S. to the Paris Agreement today. Yesterday, the D.C. Circuit Court of Appeals made it easier for the EPA to adopt new greenhouse gas emissions limits, vacating Trump-era rules for fossil-fuel power plants, timely aiding Biden's climate change goals.
www.forbes.com
Jan 20, 2021 ā Coal-fired power plants likely to face stricter emissions rules. getty. The United States is officially rejoining the Paris Agreement. Thanks to a ...
Three Coal Plants Close the Same Day Trump Said to Exit the
Another reminder that the federal government can do little to save the coal industry.
www.greentechmedia.com
May 31, 2017 ā ... to withdraw from the Paris climate agreement, two East Coast companies made final arrangements to shutter three coal-fired power plants.
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
Across the USA, only about 9% of oil and gas production occurs on federal land (its much higher in federal waters). But New Mexico and Wyoming have the highest fraction of federal land in their oil and gas properties, and their budget is especially sensitive to oil and gas revenue.
How much oil/gas produced in one year?
U.S. oil production reached 12.0 million barrels per day (b/d) in December 2018 and 12.8 million b/d in December 2019
9% of 12.0 million barrels is over 1 million barrels a day.
Biden's moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said this week.
President Bidenās temporary moratorium on leasing federal lands and waters for oil and gas drilling is expected to have āno effectsā until 2022, the Energy Information Administration (EIA) said thiā¦
thehill.com
Maybe Biden and his idiots ought to explain this then:
De Haan told āMornings with Maria" that āthe limitations on new drilling could eventually become an issue.ā President Bidenās energy actions have included temporarily suspending the issuance of oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project in a series of orders aimed at combating climate change.
De Haan also pointed to Biden's āmassive infrastructure planā and noted the concern of āhow to pay for itā could impact the price at the pump.
GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.
www.foxbusiness.com
So folks if you were a gasoline buyer and you saw that the supply was going to be diminished due to Biden's cutting exploration on
Federal land that currently provides 9% of all oil/gas, would you logically conclude that the wholesale price of gas would be increasing and therefore... you'd be raising the retail price accordingly?
And if the supply is reduced by Biden's dumb ass moves, where will the gas buyer get increasing demand for gas? Foreign.
Remember "Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā
President Barack Obama said he wants the U.S. to become one of Brazilās ābest customersā when recent oil discoveries come online and pledged to work with his counterpart, Dilma Rousseff, to deepen trade ties with Latin Americaās biggest economy.
www.bloomberg.com
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
You know, a 11 year article linked is far better than your totally uniformed opinion! YOU know nothing about this issue because if you did you'd do as any scholarly person does, i.e. provide validation. YOU like most of your ilk just guess, make assumptions but never provide any proof!
thehill.com
www.foxbusiness.com
www.bloomberg.com
