Biden asks Opec to produce more oil !

[j-mac]

Of course they were, nitwit. We were in the middle of a pandemic and demand was way down worldwide. There was a glut on the market because people weren't driving.

Now they have to recover.

Lol….I’m sure it had nothing what so ever to do with

stopping Keystone
Stopping drilling on fed land
approving Russia’s pipline
etc…

Don‘t be naive…

 

[Bobob]

We conquered a continent. Most people lived with comforts. Now we wipe its ass. you want to live with nature. The live with it without the comforts. And a massive population reduction.

Damned right we do. From polluting our recourses to fracking and refusal to acknowledge climate change, calling it a hoax. Now what??

 

[Bobob]

That's actually a good question as well.

How much will the disaster of climate change cost to deal with- and when will the money become due?

That is a key question that environmentalist activists don't know the answer to either or refuse to answer.

No way to assess what a good investment in Climate Change is, until the cost that is being avoided can be forecast, and the price of a adjustments is known.

I am sure that the cost is being discussed, and I think that it will only a guess because how can any prediction be accurate in this case?

 

[two_iron]

Name something that stuttering fuck has touched that hasn't turned to shit....

I'll wait...

 

[Ray From Cleveland]

Lol….I’m sure it had nothing what so ever to do with

stopping Keystone
Stopping drilling on fed land
approving Russia’s pipline
etc…

Don‘t be naive…

It would be funny if it weren't so pathetic, but all the terrible things that ever take place under Democrat leadership is never their fault........ever.

 

[Ray From Cleveland]

And how are we going to pay for the disaster that climate change will be responsible for?

What disaster is that? Every climate model has been wrong since they made them. Furthermore every environmental prediction of the past has been totally wrong as well. Need links to what they were predicting in the 80's and 90's that are laughable today? I have the links.

Don't you feel a little bit foolish when you promote all this stuff, and one of your treasured leaders buys a mansion on the ocean?

 

[surada]

Lol….I’m sure it had nothing what so ever to do with

stopping Keystone
Stopping drilling on fed land
approving Russia’s pipline
etc…

Don‘t be naive…

You are hopeless. You should have learned something about the Keystone XL in the past 12 years and learned something about getting natural gas to European markets.

 

[yidnar]

I said it was irrelevant to what I said, and it is.

irrelevant to your bull ...

 

[j-mac]

You are hopeless. You should have learned something about the Keystone XL in the past 12 years and learned something about getting natural gas to European markets.

We were finally energy independant under Trump's energy policies, and now under Biden's we are begging for foreign producers to ramp up production...Hmmmm, Doesn't take a genius to figure out that Biden is failing across the board.

 

[surada]

We were finally energy independant under Trump's energy policies, and now under Biden's we are begging for foreign producers to ramp up production...Hmmmm, Doesn't take a genius to figure out that Biden is failing across the board.

We were still importing 8 million bpd under Trump.. You a fool.

 

[Bobob]

Name something that stuttering fuck has touched that hasn't turned to shit....

I'll wait...

Much of what President Biden is trying to correct are the unintended consequences of the blob grifter's catastrophic 4 years in office-our Democracy, climate change, renewing friendship with our allies , borders, pandemic, and it will certainly take time, because when you jump into a disaster, the situation does not reverse overnight or in 6 months. You, of course, will jump on the border thing that was a mess whether you think so or not, as immigrants and drugs continued to pour in and the "wall" was breached many times. The pandemic has new life because you trumpeciles have refused vaccines and masks.
Trump,s "locked and loaded" bully and divisive policies are being reversed. He lost the trade war and your prices have risen dramatically. Mr. Biden is hardly a "studdering fuck", asshole.
Glad you are waiting.

 

[j-mac]

We were still importing 8 million bpd under Trump.. You a fool.

As usual you leave off the rest of the story behind that....

"The United States became a net annual petroleum exporter in 2020
In 2020, the United States exported about 8.51 MMb/d and imported about 7.86 MMb/d of petroleum1, making the United States a net annual petroleum exporter for the first time since at least 1949. Also in 2020, the United States produced2 about 18.40 million barrels per day (MMb/d) of petroleum, and consumed3 about 18.12 MMb/d. Even though in 2020, total U.S. annual petroleum production was greater than total petroleum consumption and exports were greater than imports, the United States still imported some crude oil and petroleum products from other countries to help to supply domestic demand for petroleum and to supply international markets.

The United States remained a net crude oil importer in 2020, importing nearly 5.88 MMb/d and exporting about 3.18 MMb/d. However, some of the crude oil that the U.S. imports is refined by U.S. refineries into petroleum products—such as gasoline, heating oil, diesel fuel, and jet fuel—that the U.S. exports. Also, some of imported petroleum may be stored and subsequently exported.

U.S. petroleum imports in 2020 were the lowest since 1991​

The United States imported about 7.86 MMb/d of petroleum in 2020, which included 5.88 MMb/d of crude oil and 1.98 MMb/d of noncrude petroleum liquids and refined petroleum products. These were the lowest levels of imports of total petroleum and of crude oil since 1991.

After generally increasing every year from 1954 through 2005, U.S. total gross and net petroleum imports peaked in 2005. Increases in domestic petroleum production and in petroleum exports helped to reduce total annual petroleum net imports every year except one since 2005. In 2020, annual petroleum net imports were actually negative (at -0.65 MMb/d), the first time this occured since at least 1949."

Oil imports and exports - U.S. Energy Information Administration (EIA)

U.S. crude oil imports sources including OPEC and Persian Gulf, and top five source countries of U.S. oil imports and destinations of U.S. crude oil exports.

www.eia.gov

 

[marvin martian]

The hits keep coming!



LONDON, Aug 16 (Reuters) - OPEC and its allies, including Russia, believe oil markets do not need more oil than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise, four sources told Reuters.

The price of international benchmark Brent crude has risen 35% this year towards $70 a barrel, driven by economic recovery from the pandemic and supply restraint by the Organization of the Petroleum Exporting Countries and its partners in the alliance known as OPEC+.

Last week, U.S. President Joe Biden's administration urged the producer group to boost output to tackle rising gasoline prices it sees as a threat to the global economic recovery. read more

OPEC+ agreed in July to boost output by 400,000 barrels per day a month starting in August until its current oil output reductions of 5.8 million bpd are fully phased out.

 

[surada]

The hits keep coming!



LONDON, Aug 16 (Reuters) - OPEC and its allies, including Russia, believe oil markets do not need more oil than they plan to release in the coming months, despite U.S. pressure to add supplies to check an oil price rise, four sources told Reuters.

The price of international benchmark Brent crude has risen 35% this year towards $70 a barrel, driven by economic recovery from the pandemic and supply restraint by the Organization of the Petroleum Exporting Countries and its partners in the alliance known as OPEC+.

Last week, U.S. President Joe Biden's administration urged the producer group to boost output to tackle rising gasoline prices it sees as a threat to the global economic recovery. read more

OPEC+ agreed in July to boost output by 400,000 barrels per day a month starting in August until its current oil output reductions of 5.8 million bpd are fully phased out.

This is good news .. Your headline is a lie.

 

[shockedcanadian]

Canadas oil would have come in handy right about now. Better yet, weren't you guys just energy independent only a few months ago?

I don't get it.

 

[surada]

Canadas oil would have come in handy right about now. Better yet, bpd from you guys just energy independent only a few months ago?

I don't get it.

The US hasn't been energy independent. We still import 7.5-8 million bpd from Canada, VZ, Mexico... less during 2020..

Trump decided to punish Venezuela so now we're buying from Russia.

 

[pknopp]

There is no reason for prices to rise. The demand is being fully met and OPEC learned no matter what they do, the markets will do whatever they want.

 

[Ben Thomson]

As usual the right wing wackos keep pushing the false premise that the POTUS has direct control over oil prices/production..which is BS...Current World Oil Market | EME 801: Energy Markets, Policy, and Regulation

 

[Votto]

Biden needs gas prices to keep going up so that people will be begging for his electric cars

That is the game plan here.

 

[TNHarley]

The US hasn't been energy independent. We still import 7.5-8 million bpd from Canada, VZ, Mexico... less during 2020..

Trump decided to punish Venezuela so now we're buying from Russia.

You dont understand what energy independence is.
We produced more energy than we used. Thats energy independence.