Answer to people who say no president republican or democrat has the power to regulate prices

[healthmyths]

Biden said..."I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM

So because of Biden "guarantee to Rid of fossil fuels".. his first act on 1/20/2021---
Biden halted future oil and gas leases, permits on US land and water.
Biden halts oil and gas leases, permits on US land and water .

Now Biden never understood the implications of his "guarantee" and his first act that federal lands affected oil production in the United States that accounts for approximately 11–25% of the country's total oil production, depending on the year:

2019: If federal land/waters was treated as its own country, it would have been the 11th largest daily oil producer in the world.
2021: Approximately 25% of total US oil production came from federal territory.
After Biden halted leases in 2021...
2022: Oil and gas produced from federal lands accounted for about 11% of all oil produced in the United States.
Oil and Gas Production on Federal Land Falls Far Below ...
How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?

FACTS not guesses with 25% of oil production on federal land being cut to 11% or over 50% reduction, after Biden stopped oil leases...

Do you people that actions like the above weren't helpful to oil companies who use that as an excuse ...
(25% oil production being on Federal lands were no longer available to produce oil...) to RAISE GAS prices???
AND yes to those of you who say (production on Federal lands wasn't stopped!)... future gas prices are affected by "SUPPLY" and with
Federal lands due to Biden's halt of federal lands leasing, future supply is reduced!
Another FACT.
Jun 9, 2022 — the national average for a gallon of gas exceeded $5.00—almost double the average price of $2.39 on
President Biden's first day in office.
Gas Prices Have More Than Doubled Since Biden’s First Day in Office – Ways and Means

SO people that don't think there is a correlation between a President that STOP oil leases on federal lands that produced 25% of gas,
then a year later production dropped to 11% and prices doubled at the gas pump, where are your FACTS?

 

[Crepitus]

Oil prices were suppressed by a sever lack of demand during the pandemic. Actually went negative at one point due to lack of storage. Production was cut drastically to support the price.

Shortly after Joe Biden too office demand resurged and the pandemic was brought to heel, bringing prices back up.

Then there was the fear of a lack of supplies because of Ukrainian and middle eastern unrest. I say "fear" because no actual shortage occurred but markets run on speculation so that prompted another price increase.

We are currently drilling more than ever before and shipping a large chunk of it overseas. Why? To support the price.

In short, since there is not shortage of oil "drill baby drill" will not lower the price.

 

[healthmyths]

Oil prices were suppressed by a sever lack of demand during the pandemic. Actually went negative at one point due to lack of storage. Production was cut drastically to support the price.

Shortly after Joe Biden too office demand resurged and the pandemic was brought to heel, bringing prices back up.

Then there was the fear of a lack of supplies because of Ukrainian and middle eastern unrest. I say "fear" because no actual shortage occurred but markets run on speculation so that prompted another price increase.

We are currently drilling more than ever before and shipping a large chunk of it overseas. Why? To support the price.

In short, since there is not shortage of oil "drill baby drill" will not lower the price.

NOT ONE FACT! JUST your guesses and purely subjective opinion !
FACT:
Biden’s most significant action to shrink the federal oil program may be in reducing leasing.
That began early in the administration with a leasing moratorium on public lands and waters. The pause was overturned by a federal court in 2021, but subsequent lease sales onshore have been markedly smaller and less frequent than the historical norm.
Interior inked a five-year offshore oil program in December with three lease sales between 2024 and 2029. Prior programs sometimes included dozens of auctions.
Fewer sales could stifle oil and gas production over the coming decade because companies would have fewer places to drill.
While Biden hasn’t come anywhere close to a full moratorium since taking office, observers say his reduced leasing also weakened investment in drilling projects.

What Biden’s oil record means for the industry’s future

U.S. oil production is at record highs despite the president's pledge to end the federal oil program.

www.eenews.net

FACT!!!! with substantiation NOT guesses or my personal opinion!​

Each of the following reasons are substantiated!

These twenty-five Biden administration policies are raising energy costs​

#1 and 2: Adopting new EPA oil and gas rules​

#3, #4, #5, #6, #7, and #8: Restricting or impeding energy projects​

#9: Rejoining the Paris agreement​

#10: Appointing unaccountable energy regulators​

#11: Forcing states to restrict driving​

#12, #13, and #14: Raising the prices of cars and trucks​

#15: Instituting a new policy on carbon taxes in organized wholesale electricity markets​

#16: Raising the prices of common household necessities​

#17: Stifling energy innovation​

#18: Altering regulatory cost analyses​

#19 and #20: Imposing new costs on power generation​

#21: Impeding Americans exports​

#22 and #23: Raising taxes​

#24: Picking energy winners and losers

#25: Fueling the fire for future regulation​

25 Biden policies raising gas prices and other energy costs - Americans for Prosperity

These twenty-five Biden administration policies are affecting gas prices, home heating costs, and other energy-related burdens families face. Read more.

americansforprosperity.org

 

[Crepitus]

NOT ONE FACT!

Are you kidding? That was all facts.

 

[boevans]

healthmythis is cute pretending he understands.

 

[Rigby5]

Biden increased oil drilling in the US, not decreased it.
But since the US only has 1.5% of the world's oil reserves, drilling it faster will only make it run out sooner, and make us have to import more after its price goes up more.

We obviously need more regulation because most cars built in the US are wasteful SUVs.
We should be building cars that get 100 mpg instead.
We should be building hydrogen or bio diesel cars.

 

[healthmyths]

Are you kidding? That was all facts.

No substantiation to prove the statements! So easy to do. It's called "Google Search"!

 

[airplanemechanic]

Biden said..."I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM

So because of Biden "guarantee to Rid of fossil fuels".. his first act on 1/20/2021---
Biden halted future oil and gas leases, permits on US land and water.
Biden halts oil and gas leases, permits on US land and water .

Now Biden never understood the implications of his "guarantee" and his first act that federal lands affected oil production in the United States that accounts for approximately 11–25% of the country's total oil production, depending on the year:

2019: If federal land/waters was treated as its own country, it would have been the 11th largest daily oil producer in the world.
2021: Approximately 25% of total US oil production came from federal territory.
After Biden halted leases in 2021...
2022: Oil and gas produced from federal lands accounted for about 11% of all oil produced in the United States.
Oil and Gas Production on Federal Land Falls Far Below ...
How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?

FACTS not guesses with 25% of oil production on federal land being cut to 11% or over 50% reduction, after Biden stopped oil leases...

Do you people that actions like the above weren't helpful to oil companies who use that as an excuse ...
(25% oil production being on Federal lands were no longer available to produce oil...) to RAISE GAS prices???
AND yes to those of you who say (production on Federal lands wasn't stopped!)... future gas prices are affected by "SUPPLY" and with
Federal lands due to Biden's halt of federal lands leasing, future supply is reduced!
Another FACT.
Jun 9, 2022 — the national average for a gallon of gas exceeded $5.00—almost double the average price of $2.39 on
President Biden's first day in office.
Gas Prices Have More Than Doubled Since Biden’s First Day in Office – Ways and Means

SO people that don't think there is a correlation between a President that STOP oil leases on federal lands that produced 25% of gas,
then a year later production dropped to 11% and prices doubled at the gas pump, where are your FACTS?

I believe it was you that made this thread in November:

Oil prices are set on a global market, and there’s little a president can do to significantly change them.

Oil prices are set on a global market, and there’s little a president can do to significantly change them. The U.S. is also already producing oil at peak levels. https://www.eenews.net/articles/trumps-day-1-climate-plans-in-his-own-words/ Federal lands and waters contribute about 24% of the...

www.usmessageboard.com

How can you contradict yourself, literally rebut your own thread, with another thread?

 

[healthmyths]

Are you kidding? That was all facts.

ARE YOU kidding? Where are your links? YOUR substantiation is NOT your comments! How pompous you are and totally a great name "Crepitus... a crackling or grinding sound or sensation that occurs when bones or cartilage rub against each other in a joint

https://www.cedars-sinai.org/discoveries/crepitus.html

 

[whitehall]

The Biden/Fauci fascists put businesses in bankruptcy during Covid for violating unconstitutional sanctions and the media supported it as long as they could get enough cocaine. Kamila promised to put caps on grocery prices and the media thought it was a good thing unless it interfered with their cocktail parties. What does that tell you about the criminal conspiracy between elitist democrats and the media?

 

[elektra]

We should be building hydrogen or bio diesel cars.

Yes, we should turn all our food into bio diesel, then we will be dependent on food imports.

Hydrogen, we currently get from oil, so what is the solution?

Ignore the babies crying the sky is falling

 

[elektra]

We need nice brand new refineries. We lost refining capacity. Which president is saying we will build refineries

 

[Crepitus]

ARE YOU kidding?

No.