Biden asks Opec to produce more oil !

[22lcidw]

Perhaps if the US had not forced them to cut production in 2020 this would not be necessary.

You are the harbingers of death.

 

[Harpy Eagle]

You are the harbingers of death.

Thanks, I always knew that you all were scared to death of facts and honesty....now you prove I am correct.

Well done

 

[pknopp]

There is no shortage of oil so there is no need to pump more. Quit the sabre rattling and the price will fall.

 

[surada]

There is no shortage of oil so there is no need to pump more. Quit the sabre rattling and the price will fall.

Currently there is a shortage of oil.

 

[pknopp]

Currently there is a shortage of oil.

No there isn't.

 

[surada]

No there isn't.

Yes there is.. demand expanded dramatically in the past year.

 

[pknopp]

Yes there is.. demand expanded dramatically in the past year.

And there is plenty of oil available. There is a reason producers say they will not produce more. It's expensive to sit on.

It's just like when oil went to $150 a barrel. There was no shortage. It was just as OPEC said, "Irrational exuberance".

 

[Obiwan]

No there isn't.

So the Fucktard came up with the idea of releasing more oil from our strategic reserve during another of his dementia-induced rants????

Department of Energy approves release of 13.4 million barrels from Strategic Petroleum Reserve | CNN Politics

In a statement Tuesday, the Department of Energy announced the release of 13.4 million barrels of oil from the strategic petroleum reserve.

www.cnn.com

 

[pknopp]

So the Fucktard came up with the idea of releasing more oil from our strategic reserve during another of his dementia-induced rants????

Department of Energy approves release of 13.4 million barrels from Strategic Petroleum Reserve | CNN Politics

In a statement Tuesday, the Department of Energy announced the release of 13.4 million barrels of oil from the strategic petroleum reserve.

www.cnn.com

I noted then that there was no reason to do so.

 

[Obiwan]

I noted then that there was no reason to do so.

So you're admitting that the Idiot-in-Chief is doing stupid shit again????

 

[pknopp]

So you're admitting that the Idiot-in-Chief is doing stupid shit again????

Meet the new boss, same as the old boss.

 

[surada]

And there is plenty of oil available. There is a reason producers say they will not produce more. It's expensive to sit on.

It's just like when oil went to $150 a barrel. There was no shortage. It was just as OPEC said, "Irrational exuberance".

Remember Matthew Simmons preaching the old peak oil political scam.

 

[Bobob]

after Biden limited US oil production making the US no longer energy independent he actually asks OPEC to produce more oil ! wow ! just wow ! so much for the lefts climate change bull to limit fossil fuel use ! ‘Pathetic and embarrassing’: Biden asks OPEC to up oil output while limiting U.S. energy production

Climate change bull?? Are you insane?

 

[surada]

Climate change bull?? Are you insane?

It gets worse. Sand shortages for the Permian basin shale producers and ksa will reduce exports to the US from 500 to 400,000 bpd for reserve maintenance reasons.