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Another way Biden is adding to Americans' cost of living... gas prices...

Concerned American

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!

We will all be driving solar cars soon.

Maybe coal fired cars and trucks if tRump had his way!!!!
MAGA
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?

Cool story except I have a 3/4 ton diesel I am looking to convert to coal!!!
MAGA
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.

NO ONE in the US is investing in new coal fired power plants.
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.

NOBODY is investing in coal fired power plants in the US.
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.

Trump claimed he was bringing back big beautiful coal mining jobs.

You can't force China not to build coal fired plants.


Court Decision Lets Biden Set New Emissions Rules To Meet


Jan 20, 2021 — 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


May 31, 2017 — ... to withdraw from the Paris climate agreement, two East Coast companies made final arrangements to shutter three coal-fired power plants.
It is easier to explain logic to a rock. Be gone troll.
 

surada

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!

We will all be driving solar cars soon.

Maybe coal fired cars and trucks if tRump had his way!!!!
MAGA
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?

Cool story except I have a 3/4 ton diesel I am looking to convert to coal!!!
MAGA
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.

NO ONE in the US is investing in new coal fired power plants.
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.

NOBODY is investing in coal fired power plants in the US.
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.

Trump claimed he was bringing back big beautiful coal mining jobs.

You can't force China not to build coal fired plants.


Court Decision Lets Biden Set New Emissions Rules To Meet


Jan 20, 2021 — 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


May 31, 2017 — ... to withdraw from the Paris climate agreement, two East Coast companies made final arrangements to shutter three coal-fired power plants.

Yes they are that uninformed!!!
MAGA

Most of out coal fired power plants are really old.. Investors won't invest in new ones. I guess we can keep some coal mining jobs if we sell coal to China.
 

Aldo Raine

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!

We will all be driving solar cars soon.

Maybe coal fired cars and trucks if tRump had his way!!!!
MAGA
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?

Cool story except I have a 3/4 ton diesel I am looking to convert to coal!!!
MAGA
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.

NO ONE in the US is investing in new coal fired power plants.
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.

NOBODY is investing in coal fired power plants in the US.
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.

Trump claimed he was bringing back big beautiful coal mining jobs.

You can't force China not to build coal fired plants.


Court Decision Lets Biden Set New Emissions Rules To Meet


Jan 20, 2021 — 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


May 31, 2017 — ... to withdraw from the Paris climate agreement, two East Coast companies made final arrangements to shutter three coal-fired power plants.

Yes they are that uninformed!!!
MAGA

Most of out coal fired power plants are really old.. Investors won't invest in new ones. I guess we can keep some coal mining jobs if we sell coal to China.

And my soon to be coal fired 2500!!!
MAGA
 

candycorn

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
The President controls the price of gasoline?
 
OP
H

healthmyths

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
The President controls the price of gasoline?
Who said that? When one person can sign oil/gas exploration leases that person has a direct affect on the supply...not demand but supply. Biden has done that. By reducing exploration that causes oil producers to pay more for non-federal land which they pass on to the gas sellers, your local station. It is in capacity Biden affects the price.
 

Eric Arthur Blair

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Who said that? When one person can sign oil/gas exploration leases that person has a direct affect on the supply...not demand but supply. Biden has done that. By reducing exploration that causes oil producers to pay more for non-federal land which they pass on to the gas sellers, your local station. It is in capacity Biden affects the price.
It's called the "Biden Effect". Uninformed policy decisions made by a leftist cabal that Biden implements
because he's told to that owe more to leftist-socialist ideology than science or good public policy.

This is the burden the left has saddled us with.
 

22lcidw

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
The President controls the price of gasoline?
The President and politicians control the access to oil which includes gasoline by their policies or agendas.
 
OP
H

healthmyths

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
The President controls the price of gasoline?
The President and politicians control the access to oil which includes gasoline by their policies or agendas.
My specific point is Biden has a 60 day moratorium on his signing any oil/gas exploration leases on Federal lands.
With nearly 9% of all oil/gas coming from Federal lands this has an affect on future production. Simple fact.
 

candycorn

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
The President controls the price of gasoline?
Who said that? When one person can sign oil/gas exploration leases that person has a direct affect on the supply...not demand but supply. Biden has done that. By reducing exploration that causes oil producers to pay more for non-federal land which they pass on to the gas sellers, your local station. It is in capacity Biden affects the price.

Here is a chart showing the price of retail gasoline:

Screen Shot 2021-04-22 at 5.53.45 PM.png


my my my...the price was about where it was when the blob was opening up the national lands to exploration.

Let me guess....you suddenly have an alternate explanation for the price under the blob being higher (or as high) as it is under Biden.

 

LA RAM FAN

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Biden: I'm jacking up the price of gas and energy.

Voters: But doesn't that hurt the poor and middle class the most?

Biden: Who?
:thankusmile: Well said,under trump I never paid more than $25.00 for a full tank of gas,under Biden I am now paying Over $.40.00 for that same full tank,the trump haters of course will play dodgeball with that and try to blame it all on trump as they always do.:cuckoo:
 

bendog

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!

We have glut of oil on the market. I am surprised that this level of ignorance about oil production persists.
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.
There it is--you finally came out and admitted it. You're a commie.

Nope, I'm capitalist, but unlike the whiners here, I know the oil business has to make a profit or shut down.
I believe we are not refining as much oil as before covid. Demand comes back before supply. It's called .... "a market."
 

LA RAM FAN

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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!
The President controls the price of gasoline?
The President and politicians control the access to oil which includes gasoline by their policies or agendas.
Cia shill candyass as always gets his ass handed to him on a platter.
 
OP
H

healthmyths

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Joined
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Messages
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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 “no effects” until 2022, the Energy Information Administration (EIA) said this week.

Maybe Biden and his idiots ought to explain this then:

De Haan told “Mornings with Maria" that “the limitations on new drilling could eventually become an issue.”
President Biden’s 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 “massive infrastructure plan” and noted the concern of “how to pay for it” could impact the price at the pump.
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 Brazil’s “best customers”
Now Biden is fulfilling Obama's desire by cutting back USA production. How strategically stupid!

We have glut of oil on the market. I am surprised that this level of ignorance about oil production persists.
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.
There it is--you finally came out and admitted it. You're a commie.

Nope, I'm capitalist, but unlike the whiners here, I know the oil business has to make a profit or shut down.
I believe we are not refining as much oil as before covid. Demand comes back before supply. It's called .... "a market."
BUT with a KNOWN cancellation of Federal land leases signings by Biden, 25% of oil and gas futures will be missing.
See unlike most of you that are truly ignorant by proving your ignorance WITHOUT any substantiation or links... I provide proof! NOT my personal opinion BUT FACTS!!!
Says YOU! " Biden has done NOTHING that impacts US production."
Where is your proof since YOU never share links validating you dumb ass personal and subjective opinion!
LOOK at the FACTS dummy!
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link: U.S. oil and natural gas production to fall in 2021, then rise in 2022 - Today in Energy - U.S. Energy Information Administration (EIA)
Now with 25% oil and gas coming from federal lands, wouldn't you say that has a short term affect on gas prices?
Because oil/gas producers will RAISE prices to refineries. Refineries will raise prices to stations all with the same
motivation... the future exploration of oil and gas that is part of that 25% will be missing!

Oil and gas takes another hit with suspension of federal leases​

Again...not me saying but the people that are more knowledgeable than ME and obviously YOU!
This is simply just awful and put our country’s energy dominance at risk,” North Dakota Petroleum Council President Ron Ness said. “About 25-30 percent of our wells and production is on federal minerals. Consumers beware, this is a step in the wrong direction for our country and will lead to higher energy prices, less jobs and big impacts to producing states.”
 

BluesLegend

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Gas prices today! And look at a year ago comparison!
View attachment 490525
Boy it really sucks to be poor or middle class under the Biden regime. Dems running amok trying to cancel oil and gas which jacks up the price 100%, thanks Dems you creeps.
 
OP
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healthmyths

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Gas prices today! And look at a year ago comparison!
View attachment 490525
Boy it really sucks to be poor or middle class under the Biden regime. Dems running amok trying to cancel oil and gas which jacks up the price 100%, thanks Dems you creeps.
And the Biden idiots that supported cancellation of Keystone don't seem to be environmentally smart either!

Canada will ship 1 million barrels of oil via oil tanker per day on the open ocean. So on 1 mile of open ocean
1 million barrels is exposed to spillage...VS 700 barrels traveling one mile on drylands! Stupid.

But it gets even more stupid!
FACTS regarding shipping by truck. Sending by truck is the same as adding 500,000 MORE cars on the road!
Report: Cancelling Keystone Will Boost Carbon Emissions Equal to Nearly 500K More Cars on Road
According to his campaign website, Biden’s climate change plan would,
Ensure the U.S. achieves a 100% clean energy economy and reaches net-zero emissions no later than 2050.
“According to the Association of American Railroads,
  • it requires 433 gallons of locomotive diesel fuel to pull one loaded crude oil tank car from the Canadian Oil Sands to the U.S. Gulf Coast, about 2,200 miles.
  • It takes another 144 gallons to bring the empty tank car back for a refill. That's 577 gallons total. per tank car.
  • “It takes 645 loaded tank cars per day to transport the amount of oil that Keystone XL might have carried - about 400,000 barrels per day.
  • That's 235,425 tank car loads per year.
  • Multiplied by 577 gallons each, that amounts to about 136 million gallons of diesel burned per year.
  • Since each gallon of diesel emits 22.44 pounds of CO2, that means the locomotives pulling those trains will emit over 1.5 million tons of CO2. That's all net addition to CO2 emissions since Keystone XL would have been powered entirely by renewable energy.
  • 1.5 million tons of CO2 is equivalent to emissions of 490,000 more cars on the road.”
 
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