Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

[excalibur]

In so many ways Biden and his crew show how un-American they are.

A never-ending litany of acts harming America.

...

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.

“The market is overly sensitive to any unexpected supply disruption anywhere,” says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world’s largest independent commodities trading houses. “Everyone knows there’s no plan B. We have no stocks, and we have no excess capacity anywhere.”

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) “pandemic,” many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.

Tired of high energy prices? Blame Biden and the rest of the uni-party​

Where Biden’s actions – or rather, non-actions – come into play involves his regime’s relentless antagonism towards the earth-based “fossil” fuel industry. Every chance it gets, the Biden regime chips away at our energy infrastructure while pushing far-fetched “green” alternatives that do not even hold a candle to what oil and gas provide for a vibrant economy.

It is almost as if Biden and his cronies are trying to crash the nation by depriving us all of the oil and gas we need to keep our homes heated and cooled, our trains, planes and automobiles running, and our food growing and making it to the grocery store.

Right now, prices at the gas pump are at their highest seasonal level in more than 10 years. Part of this massive inflation is being blamed on, get this: “extreme heat.” Any excuse except for the truth will do, eh?

As for diesel, the fuel that “powers global industry,” to quote Zero Hedge, this critical form of gas is even more expensive than unleaded. And just like with gas, there are no stockpiles of diesel in case anything goes wrong – and you can be sure that eventually something major will go wrong, probably right on time, that brings Western commerce to a grinding halt.

To make matters even worse, it is becoming increasingly more expensive to pay for oil and gas refining. What few refineries even remain are running at full capacity, the highest capacity at which they can safely run, and it is still becoming prohibitively more impossible to produce energy that people can actually afford to buy.

According to Sri Paravaikkarasu, director of market analysis at Phillips 66, the refining industry is “crying out” for fresh investment, especially as oil demand continues to grow in China and other Asian countries that, unlike the West, are expanding their fossil fuel use rather than trying to switch to solar panels, wind turbines, and wishful thinking.​

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations'

americafirstreport.com

 

[JGalt]

That 10% for the Big Guy is paying off in spades.

 

[Synthaholic]

 

[toobfreak]

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China​

Do you really think for a minute that Joe Biden who can't even talk and needs cue cards to take questions is doing any and all of this?

Joe Biden is a clown, owned, operated and controlled by foreign interests likely directed by Soros-backed people.

The same people who own half our government.

 

[LuckyDuck]

In so many ways Biden and his crew show how un-American they are.

A never-ending litany of acts harming America.

...​

​

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.​

​

“The market is overly sensitive to any unexpected supply disruption anywhere,” says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world’s largest independent commodities trading houses. “Everyone knows there’s no plan B. We have no stocks, and we have no excess capacity anywhere.”​

​

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) “pandemic,” many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.​

​

​

​

Tired of high energy prices? Blame Biden and the rest of the uni-party​

​

Where Biden’s actions – or rather, non-actions – come into play involves his regime’s relentless antagonism towards the earth-based “fossil” fuel industry. Every chance it gets, the Biden regime chips away at our energy infrastructure while pushing far-fetched “green” alternatives that do not even hold a candle to what oil and gas provide for a vibrant economy.​

​

It is almost as if Biden and his cronies are trying to crash the nation by depriving us all of the oil and gas we need to keep our homes heated and cooled, our trains, planes and automobiles running, and our food growing and making it to the grocery store.​

​

Right now, prices at the gas pump are at their highest seasonal level in more than 10 years. Part of this massive inflation is being blamed on, get this: “extreme heat.” Any excuse except for the truth will do, eh?​

​

As for diesel, the fuel that “powers global industry,” to quote Zero Hedge, this critical form of gas is even more expensive than unleaded. And just like with gas, there are no stockpiles of diesel in case anything goes wrong – and you can be sure that eventually something major will go wrong, probably right on time, that brings Western commerce to a grinding halt.​

​

To make matters even worse, it is becoming increasingly more expensive to pay for oil and gas refining. What few refineries even remain are running at full capacity, the highest capacity at which they can safely run, and it is still becoming prohibitively more impossible to produce energy that people can actually afford to buy.​

​

According to Sri Paravaikkarasu, director of market analysis at Phillips 66, the refining industry is “crying out” for fresh investment, especially as oil demand continues to grow in China and other Asian countries that, unlike the West, are expanding their fossil fuel use rather than trying to switch to solar panels, wind turbines, and wishful thinking.​

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations'

americafirstreport.com

Biden is simply a puppet whose strings are being pulled by the behind-the-scenes neo-Marxists bent on bringing down our Constitutional Republic. They've infiltrated our federal government, educational system, media, and libraries, as well as many state institutions. Such individuals are traitors to the Constitution and its Bill of Rights.

 

[Failzero]

Valerie “ Planet of the Apes meets Al Qaida “ Jarrett is the String puller

 

[John Edgar Slow Horses]

US fields are pumping at an all time high,.

 

[MisterBeale]

US fields are pumping at an all time high,.

That isn't what the OP is about, it does not dispute that we are producing as much oil as we can. . .

This war in Ukraine and Russia is about hydrocarbons, this is how we know, this whole "net-zero," UN CO2 scam is bullshit.
This conflict, that was provoked by the west, is really, like always, really all about energy.

When the allies destroyed the Nordstream pipeline, it was the largest single release of global warming gas, by mankind, in history.

Russia, is one of the top producers of gas and oil, but we have made it so that they cannot sell their product on the market, their supplies are sanctioned, so? They have cut back production, in an effort to increase prices for the war effort, when they do trade at reduced costs to the places they can trade.

This has caused competition for Saudi Arabia, and OPEC, who, likewise have cut production in an effort to keep prices high for their social program and infrastructure engineering goals.


So? In an effort to push hydrocarbon prices down on Russia? The US leaders are producing like crazy, they don't really give a shit about Americans. Not at all.

(This is a long video, so I have book marked it to the relevant portion.)

Why Russia Isn't Actually Collapsing​

 

[John Edgar Slow Horses]

Thank you, Mr. Beale. But the US is not destroying our fossil fuel industry, just the opposite.

 

[22lcidw]

Thank you, Mr. Beale. But the US is not destroying our fossil fuel industry, just the opposite.

The United States needs to do what Trump pushed because we have reduced the importance of our fiat currency over the decades. Fossil fuels is a resource that builds foundation. Pipelines and drilling are a must now. Massive infrastructure building and modernizing is important for our survival. With modern techniques pollution concerns are massively reduced.

 

[jbrownson0831]

Do you really think for a minute that Joe Biden who can't even talk and needs cue cards to take questions is doing any and all of this?

Joe Biden is a clown, owned, operated and controlled by foreign interests likely directed by Soros-backed people.

The same people who own half our government.


View attachment 828656

It's Pinochijoe!!

 

[Biff_Poindexter]

In so many ways Biden and his crew show how un-American they are.

A never-ending litany of acts harming America.

...​

​

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.​

​

“The market is overly sensitive to any unexpected supply disruption anywhere,” says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world’s largest independent commodities trading houses. “Everyone knows there’s no plan B. We have no stocks, and we have no excess capacity anywhere.”​

​

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) “pandemic,” many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.​

​

​

​

Tired of high energy prices? Blame Biden and the rest of the uni-party​

​

Where Biden’s actions – or rather, non-actions – come into play involves his regime’s relentless antagonism towards the earth-based “fossil” fuel industry. Every chance it gets, the Biden regime chips away at our energy infrastructure while pushing far-fetched “green” alternatives that do not even hold a candle to what oil and gas provide for a vibrant economy.​

​

It is almost as if Biden and his cronies are trying to crash the nation by depriving us all of the oil and gas we need to keep our homes heated and cooled, our trains, planes and automobiles running, and our food growing and making it to the grocery store.​

​

Right now, prices at the gas pump are at their highest seasonal level in more than 10 years. Part of this massive inflation is being blamed on, get this: “extreme heat.” Any excuse except for the truth will do, eh?​

​

As for diesel, the fuel that “powers global industry,” to quote Zero Hedge, this critical form of gas is even more expensive than unleaded. And just like with gas, there are no stockpiles of diesel in case anything goes wrong – and you can be sure that eventually something major will go wrong, probably right on time, that brings Western commerce to a grinding halt.​

​

To make matters even worse, it is becoming increasingly more expensive to pay for oil and gas refining. What few refineries even remain are running at full capacity, the highest capacity at which they can safely run, and it is still becoming prohibitively more impossible to produce energy that people can actually afford to buy.​

​

According to Sri Paravaikkarasu, director of market analysis at Phillips 66, the refining industry is “crying out” for fresh investment, especially as oil demand continues to grow in China and other Asian countries that, unlike the West, are expanding their fossil fuel use rather than trying to switch to solar panels, wind turbines, and wishful thinking.​

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations'

americafirstreport.com

"Benchmark Brent futures gained 0.48% to $92.50 a barrel, while US West Texas Intermediate (WTI) crude rallied 0.55% to $89.33 a barrel."

Crude oil prices trade higher; MCX crude likely to hit ₹7,800 per barrel

International crude oil prices rose, firming around a 10-month peak, as the market balanced supply concerns over Libya output and OPEC cuts with global macroeconomic headwinds.

www.livemint.com

Not a single domestic oil producer is whining about $90 a barrel oil prices; they are making a killing in profits - AS USUAL....so I don't know how that is destroying the industry..


Back during the global shutdown, when gas was under $2.00; or as yall call it, the good old days......the price per barrel was around $40-45......a lot of the smaller businesses that serviced the big oil producers went under...at that price, there wasn't much profit to be made...


"President Trump boasted that his administration’s deregulatory agenda had made the U.S. “energy independent.” It was a dubious claim at the time, but recent events stemming from the outbreak of the novel coronavirus have shown it to be even more of a ruse. This month oil prices plummeted about 25 percent and settled around $35 per barrel — the biggest slide in nearly 30 years.

With prices cratering, oil and gas market analysts expect a slate of bankruptcies, job cuts, and slashes in expenditures across the globe — and especially in the supposedly “independent” U.S"

Coronavirus fallout could be the 'nail in the coffin' for smaller oil companies

Environmental groups fear low crude prices could cause a spike in abandoned oil wells.

grist.org

I wonder why you right-wingers never address the grift known as oil speculation and how that is geared to continuously raise gas prices in order for the fat cats to remain richer at the expense of the consumer

 

[Independentthinker]

In so many ways Biden and his crew show how un-American they are.

A never-ending litany of acts harming America.

...​

​

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.​

​

“The market is overly sensitive to any unexpected supply disruption anywhere,” says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world’s largest independent commodities trading houses. “Everyone knows there’s no plan B. We have no stocks, and we have no excess capacity anywhere.”​

​

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) “pandemic,” many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.​

​

​

​

Tired of high energy prices? Blame Biden and the rest of the uni-party​

​

Where Biden’s actions – or rather, non-actions – come into play involves his regime’s relentless antagonism towards the earth-based “fossil” fuel industry. Every chance it gets, the Biden regime chips away at our energy infrastructure while pushing far-fetched “green” alternatives that do not even hold a candle to what oil and gas provide for a vibrant economy.​

​

It is almost as if Biden and his cronies are trying to crash the nation by depriving us all of the oil and gas we need to keep our homes heated and cooled, our trains, planes and automobiles running, and our food growing and making it to the grocery store.​

​

Right now, prices at the gas pump are at their highest seasonal level in more than 10 years. Part of this massive inflation is being blamed on, get this: “extreme heat.” Any excuse except for the truth will do, eh?​

​

As for diesel, the fuel that “powers global industry,” to quote Zero Hedge, this critical form of gas is even more expensive than unleaded. And just like with gas, there are no stockpiles of diesel in case anything goes wrong – and you can be sure that eventually something major will go wrong, probably right on time, that brings Western commerce to a grinding halt.​

​

To make matters even worse, it is becoming increasingly more expensive to pay for oil and gas refining. What few refineries even remain are running at full capacity, the highest capacity at which they can safely run, and it is still becoming prohibitively more impossible to produce energy that people can actually afford to buy.​

​

According to Sri Paravaikkarasu, director of market analysis at Phillips 66, the refining industry is “crying out” for fresh investment, especially as oil demand continues to grow in China and other Asian countries that, unlike the West, are expanding their fossil fuel use rather than trying to switch to solar panels, wind turbines, and wishful thinking.​

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations'

americafirstreport.com

Not to worry, I heard Gavin Newsome is visiting China soon to talk about Climate Change. That should save the planet.

 

[MisterBeale]

Thank you, Mr. Beale. But the US is not destroying our fossil fuel industry, just the opposite.

O.K. fine.

Please link me to a source that proves where local, state or federal governments have licensed and encouraged industry to increase refining capacity.

Do we have more refining capacity now, than we have since, say ten years ago? Twenty years ago?

Economic growth is predicated on energy use.

Go on, prove it.

 

[MisterBeale]

StackPath

U.S. Refining Capacity Falls to Lowest Level Since 2014​

U.S. Refining Capacity Falls to Lowest Level in 8 Years

U.S. refining capacity fell below 18 million b/d at the beginning of 2022, hitting its lowest level since 2014, according to the EIA.

inspectioneering.com

". . . The dip comes amid numerous refinery closures in recent years due to hurricane damage, pandemic impacts, high operating costs, the inability to complete sales, weaker future demand forecasts, or from conversions to produce more renewable fuels. North America has lost close to 1.3 million b/d in refining capacity in the last three years, including more than 600,000 b/d in Louisiana with closures of the 255,600 b/d Phillips 66 Alliance Refinery, the 211,146 b/d Shell Convent Refinery, and the 135,500 b/d Calcasieu Refining complex. Elsewhere, Marathon Petroleum has shuttered its 161,000 b/d Martinez Refinery in California, as well as its 26,000 b/d Gallup Refinery in New Mexico, while LyondellBasell said it plans to close its 263,776 b/d Houston, Texas Refinery by the end of 2023. . . . "

 

[John Edgar Slow Horses]

O.K. fine.

Please link me to a source that proves where local, state or federal governments have licensed and encouraged industry to increase refining capacity.

Do we have more refining capacity now, than we have since, say ten years ago? Twenty years ago?

Economic growth is predicated on energy use.

Go on, prove it.

Link me to source where it is. I will wait while you prove it,

 

[surada]

In so many ways Biden and his crew show how un-American they are.

A never-ending litany of acts harming America.

...

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.

“The market is overly sensitive to any unexpected supply disruption anywhere,” says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world’s largest independent commodities trading houses. “Everyone knows there’s no plan B. We have no stocks, and we have no excess capacity anywhere.”

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) “pandemic,” many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.

Tired of high energy prices? Blame Biden and the rest of the uni-party​

Where Biden’s actions – or rather, non-actions – come into play involves his regime’s relentless antagonism towards the earth-based “fossil” fuel industry. Every chance it gets, the Biden regime chips away at our energy infrastructure while pushing far-fetched “green” alternatives that do not even hold a candle to what oil and gas provide for a vibrant economy.

It is almost as if Biden and his cronies are trying to crash the nation by depriving us all of the oil and gas we need to keep our homes heated and cooled, our trains, planes and automobiles running, and our food growing and making it to the grocery store.

Right now, prices at the gas pump are at their highest seasonal level in more than 10 years. Part of this massive inflation is being blamed on, get this: “extreme heat.” Any excuse except for the truth will do, eh?

As for diesel, the fuel that “powers global industry,” to quote Zero Hedge, this critical form of gas is even more expensive than unleaded. And just like with gas, there are no stockpiles of diesel in case anything goes wrong – and you can be sure that eventually something major will go wrong, probably right on time, that brings Western commerce to a grinding halt.

To make matters even worse, it is becoming increasingly more expensive to pay for oil and gas refining. What few refineries even remain are running at full capacity, the highest capacity at which they can safely run, and it is still becoming prohibitively more impossible to produce energy that people can actually afford to buy.

According to Sri Paravaikkarasu, director of market analysis at Phillips 66, the refining industry is “crying out” for fresh investment, especially as oil demand continues to grow in China and other Asian countries that, unlike the West, are expanding their fossil fuel use rather than trying to switch to solar panels, wind turbines, and wishful thinking.​

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations'

americafirstreport.com

US oil production has always been boom and bust. We have the highest production costs in the world and no economies of scale.

How many new refineries has China built?

 

[Dragonlady]

In so many ways Biden and his crew show how un-American they are.

A never-ending litany of acts harming America.

...

When the U.S. was still a relatively stable country with competent leaders at the helm, gas prices would remain pretty much stable year after year, save for the annual summer rush and busy holiday seasons. Today, gas can rise and fall sometimes 20 or 30 cents a day – and such volatility will only worsen the more our energy infrastructure and resources are dismantled.

“The market is overly sensitive to any unexpected supply disruption anywhere,” says Frederic Lasserre, the global head of research at the Gunvor Group, one of the world’s largest independent commodities trading houses. “Everyone knows there’s no plan B. We have no stocks, and we have no excess capacity anywhere.”

Russell Hardy, the CEO of Vitol, another energy and commodities company, agrees. He told the media that during the Wuhan coronavirus (COVID-19) “pandemic,” many refineries closed, leaving Western markets with a perpetual lack of sufficient oil products.

Tired of high energy prices? Blame Biden and the rest of the uni-party​

Where Biden’s actions – or rather, non-actions – come into play involves his regime’s relentless antagonism towards the earth-based “fossil” fuel industry. Every chance it gets, the Biden regime chips away at our energy infrastructure while pushing far-fetched “green” alternatives that do not even hold a candle to what oil and gas provide for a vibrant economy.

It is almost as if Biden and his cronies are trying to crash the nation by depriving us all of the oil and gas we need to keep our homes heated and cooled, our trains, planes and automobiles running, and our food growing and making it to the grocery store.

Right now, prices at the gas pump are at their highest seasonal level in more than 10 years. Part of this massive inflation is being blamed on, get this: “extreme heat.” Any excuse except for the truth will do, eh?

As for diesel, the fuel that “powers global industry,” to quote Zero Hedge, this critical form of gas is even more expensive than unleaded. And just like with gas, there are no stockpiles of diesel in case anything goes wrong – and you can be sure that eventually something major will go wrong, probably right on time, that brings Western commerce to a grinding halt.

To make matters even worse, it is becoming increasingly more expensive to pay for oil and gas refining. What few refineries even remain are running at full capacity, the highest capacity at which they can safely run, and it is still becoming prohibitively more impossible to produce energy that people can actually afford to buy.

According to Sri Paravaikkarasu, director of market analysis at Phillips 66, the refining industry is “crying out” for fresh investment, especially as oil demand continues to grow in China and other Asian countries that, unlike the West, are expanding their fossil fuel use rather than trying to switch to solar panels, wind turbines, and wishful thinking.​

Biden Is Destroying the U.S. Fossil Fuel Industry and Handing Over Refining Market to “Dirty” China

Those who "lead" the governments of the United States and many European countries are deliberately cutting off their respective nations'

americafirstreport.com

Your post is a a lie from top to bottom and quoting the MAGA Pac it’s easy to see why.

America First Report - Bias and Credibility

QUESTIONABLE SOURCE A questionable source exhibits one or more of the following: extreme bias, consistent promotion of propaganda/conspiracies, poor or no

mediabiasfactcheck.com

 

[The5thHorseman]

That isn't what the OP is about, it does not dispute that we are producing as much oil as we can. . .

This war in Ukraine and Russia is about hydrocarbons, this is how we know, this whole "net-zero," UN CO2 scam is bullshit.
This conflict, that was provoked by the west, is really, like always, really all about energy.

When the allies destroyed the Nordstream pipeline, it was the largest single release of global warming gas, by mankind, in history.

Russia, is one of the top producers of gas and oil, but we have made it so that they cannot sell their product on the market, their supplies are sanctioned, so? They have cut back production, in an effort to increase prices for the war effort, when they do trade at reduced costs to the places they can trade.

This has caused competition for Saudi Arabia, and OPEC, who, likewise have cut production in an effort to keep prices high for their social program and infrastructure engineering goals.


So? In an effort to push hydrocarbon prices down on Russia? The US leaders are producing like crazy, they don't really give a shit about Americans. Not at all.

(This is a long video, so I have book marked it to the relevant portion.)

Why Russia Isn't Actually Collapsing​

How long must I watch before it is done laboring the obvious?

 

[MisterBeale]

How long must I watch before it is done laboring the obvious?

Till you stop making threads that are cheer-leading for the merchants of death?