kyzr
Diamond Member
1. Your spelling sucks, what shit-hole country are you from?You are posting political bullshit opinion pieces, not serious market analisys.
For exmaple your foxbussiness link claims:
[Biden] has killed pipelines and reversed almost all of Trump's pro-drilling policies. In early January, Biden stopped drilling on hundreds of thousands of potentially prime oil fields in Alaska.
That is pure bullshit.
Biden DID NOT revoke any active leases, the halt is on NEW leases that would still require exploration and would not result any oil out of the ground for many years. Similarly cancelled Keystone XL project was not going to transport even one drop of (tarsand) oil for years.
So again, I ask you to articulate some sort of not-stupid reason why you belive Biden's policy resulted in increased crude oil prices in 2021 that supposedly Russia needed to launch this war.
2. Biden killed the KeystoneXL pipeline that could put 830,000 bpd into the global oil supply.
3. Biden shut-down ANWR in Alaska , that is not bullshit. Its moronic, but true.

EXPLAINER: Why is Biden halting federal oil and gas sales?
President Joe Biden shut down oil and gas sales from the nation’s vast public reserves over worries about climate change

Biden suspends oil-drilling leases in Alaska's Arctic refuge
Republicans and the energy industry have long sought to open the remote area, as Democrats, environmental groups and some Alaska tribes have worked to keep it off-limits.

4. I can articulate reasons why Biden caused the oil emergency. He's a moron. He's senile. He's bought-off by Putin and the Moscow mayor's wife's $3.6m cash donation. The US had a 4% energy surplus when Biden took office, and quickly turned it into a 4% deficit so he's begging Putin and the ME to pump more oil, at $100/bbl, duh.

Biden's war on American energy made us dependent, again
There are few issues where Trump and President Joe Biden have differed more broadly on policy than on energy production.