Be ready to pay at least 4% more at the gas pump in a few months because Biden "guarantees to rid fossil fuels"!

US oil production is producing more oil than ever in history. It's really that simple. Presidents don't control oil companies.
Really? Then tell that to the oil companies that will be paying at least 4% more from Federal lands and privates will raise the rate also. Consequently the oil companies will do what???? YUP pass them on to you!
 
US oil production is producing more oil than ever in history. It's really that simple. Presidents don't control oil companies.
I know they don’t, but they can make it cost more to do business, driving up cost

That’s what we are talking about here…
 
Making them pay more drives up cost

Not really that hard a concept to grasp
"pay more" as in how much?

BTW leases issued today are unlikely to be used for years so don't really effect current oil prices.
 
Our president making ending fossil fuels his policy has more to do with it then any outside threats
ABSOLUTELY! At the minimum oil companies will use Biden's words to accumulate income because Biden has told they are going to be out of business! Any company has a responsibility to protect revenue sources and if Biden guarantees to "rid fossil fuels"... what can the oil companies do?
Plus most people are unaware of this: The other 20 gallons are used for asphalt, etc. and it will have to be replaced!
Oilproducts-madefrom-oil.png
 
"pay more" as in how much?

BTW leases issued today are unlikely to be used for years so don't really effect current oil prices.
The OP is saying 4 percent.

By the way, when you sign a lease you start paying right away, even if you aren’t using it yet
 

Don't disagreed and remember how many more miles driven, using more diesel fuel for goods that would have been traveling under the bridge! It will take...
the case of the Key Bridge collapse, clearing the river of debris will also be an obstacle. All said and done, Schafer estimated a rebuild could take as long as a decade or more..
 
I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM


Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.
The Interior Department’s rule raises royalty rates for oil drilling by more than one-third, to 16.67%, in accordance with the sweeping 2002 climate law approved by Congress. The previous rate of 12.5% paid by oil and gas companies for federal drilling rights had remained unchanged for a century.
But officials said the proposal would lead to a more responsible leasing process that provides a better return to U.S. taxpayers.

Exclusive: Mexico to cut at least 330,000 bpd of crude exports in May, sources say​

5.05 billion barrels per year imported by USA from Mexico.

More redundant spam...Thanks Policlick..
 
She’s a whore. Oh, wait - that’s Polichick.

Do you have any photos of Trump in action like Biden's actions that FB has ruled as it
goes against FB standards on nudity or sexual activity.

FaceBook must have a reason to describe the below as "sexual activity"?
FBban_Bidenkissing.png
 
The OP is saying 4 percent.

By the way, when you sign a lease you start paying right away, even if you aren’t using it yet
Damn, are you deliberately misinterpreting me?

How much more are they paying for the leases?
 
Don't disagreed and remember how many more miles driven, using more diesel fuel for goods that would have been traveling under the bridge! It will take...
the case of the Key Bridge collapse, clearing the river of debris will also be an obstacle. All said and done, Schafer estimated a rebuild could take as long as a decade or more..

The Mighty Mississippi is only 25’ to 50’ deep roughly. How hard can it be to cut up, hook on and drag away pieces? Ten years to rebuild? Or more? Wow?
 
If Iran and Israel fight, oil prices will go through the roof.
No question and therefore Biden saying he expects Iran to attack Israel soon, warns: 'Don't'
Will definitely deter Iran and therefore prevent higher gas prices. One word surely has it's affect!
 

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