Biden's energy secretary laughs and cedes all control to OPEC when asked about oil prices

[kaz]

None of this explains why gas is now double the price it was under Trump.

I've talked to surada before and she is completely ignorant of how the energy industry works. Don't waste your time with her. I have extensive experience actually working in the industry. She is Saudi and doesn't know shit about it

 

[surada]

You are a stupid fuck. I just presented a concise article from the US Energy Information Admin--a government agency, that clearly shows the US is a net EXPORTER of energy. Imports--7.86 MM bpd, Exports--8.5 MM bpd, 8.5-7.86= 0.64 (THAT IS A NET EXPORTER, aka ENERGY INDEPENDENT) chttps://www.eia.gov/tools/faqs/faq.php?id=727&t=6 You have provided NOTHING other than an uninformed opinion. So, again, STFU.

2008

Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining capacity: 17.6 million barrels (abbreviated “bbl,” no one is sure why). By contrast, we import something like 13 MMbbl (13 million barrels) daily.
Does the U.S. export domestic oil? If so, how much, to ...
www.pbs.org/newshour/economy/does-the-us-export-domestic-oi
www.pbs.org/newshour/economy/does-the-us-export-domestic-oi

 

[Concerned American]

When Trump went to S.A. a few years ago it's a good thing Melania remembered to pack a pair of kneepads for the orange blob to put on when he met up with his business patners in the Royal Palace.

When Dotard was on his knees I'll bet those pads really came in handy.

 

[surada]

I've talked to surada before and she is completely ignorant of how the energy industry works. Don't waste your time with her. I have extensive experience actually working in the industry. She is Saudi and doesn't know shit about it

Nope.. I am a WASP from Alabama who lived in Ghawar.

Does the U.S. export domestic oil? If so, how much, to where and why?

Question/Comment: Does the U.S. export domestic oil? If so, how much, to where and why? Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining capacity: 17.6 million barrels (abbreviated “bbl,” no one is sure...

www.pbs.org

Oct 13, 2021 · In 2020, the United States exported about 8.51 MMb/d and imported about 7.86 MMb/d of petroleum 1, making the United States a net annual petroleum exporter for the first time since at least 1949. Also in 2020, the United States produced 2 about 18.40 million barrels per day (MMb/d) of petroleum, and consumed 3 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 ...

 

[Clipper]

The SAG aren't business partners with Trump. Heaven forbid. They just knew he would be flattered by pomp and circumstance.

Trump has said publicly that he makes millions of dollars doing busoness with S.A. You don't know what the hell you're talking about.

 

[marvin martian]

Nope.. I am a WASP from Alabama who lived in Ghawar.

Does the U.S. export domestic oil? If so, how much, to where and why?

Question/Comment: Does the U.S. export domestic oil? If so, how much, to where and why? Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining capacity: 17.6 million barrels (abbreviated “bbl,” no one is sure...

www.pbs.org

None of this explains why gas prices are double what they were under Trump.

 

[Clipper]

View attachment 560717

Photoshop. Nice try.

 

[kaz]

Nope.. I am a WASP from Alabama who lived in Ghawar.

Does the U.S. export domestic oil? If so, how much, to where and why?

Question/Comment: Does the U.S. export domestic oil? If so, how much, to where and why? Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining capacity: 17.6 million barrels (abbreviated “bbl,” no one is sure...

www.pbs.org

So now you admit you were lying. Wow, I'm so shocked {eyeroll}

 

[Concerned American]

2008

Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining capacity: 17.6 million barrels (abbreviated “bbl,” no one is sure why). By contrast, we import something like 13 MMbbl (13 million barrels) daily.
Does the U.S. export domestic oil? If so, how much, to ...
www.pbs.org/newshour/economy/does-the-us-export-domestic-oi
www.pbs.org/newshour/economy/does-the-us-export-domestic-oi

Are you fucking kidding me--you are actually going back to 2008 to make a point in 2021. That was three administrations ago, moron. Please keep up. BTW, PBS reports their take on the news. The US Energy Information Administration gathers and evaluates FACTS. STFU.

 

[Concerned American]

Photoshop. Nice try.

Denial. Shitty try.

 

[surada]

So now you admit you were lying. Wow, I'm so shocked {eyeroll}

The US imports more than they export... andI am not a Saudi.

What is your extensive experience in the oil business? You obviously didn't work for ARAMCO.

 

[surada]

Trump has said publicly that he makes millions of dollars doing busoness with S.A. You don't know what the hell you're talking about.

Yeah well, Trump is a notorious liar.

 

[marvin martian]

Yeah well, Trump is a notorious liar.

None of this explains why gas prices are double what they were under Trump.

 

[surada]

None of this explains why gas prices are double what they were under Trump.

Currently demand is surging, but I think you will see that change in 3-4 years.

 

[surada]

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.
Oil imports and exports - U.S. Energy Information ...
www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php

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

 

[Concerned American]

Saudi's have been on the side of restricting...

UAE want to produce more...

The Tug Of War Over Saudi Production Policy

People are urging Saudi Arabia to cease oil investment, but also to increase production. The history of such advice is appalling.

www.forbes.com

U.S. will import 62% more crude by 2022 due to domestic production declines, says EIA​

U.S. will import 62% more crude by 2022 due to domestic production declines, says EIA

The U.S. Energy Information Administration expects that the United States will import more crude oil to fill the widening gap between refinery inputs of crude oil and domestic crude oil production in 2021 and 2022.

www.worldoil.com

Thanks to Dementia Joe.

 

[BlindBoo]

None of this explains why gas is now double the price it was under Trump.

Gas price under Trump in May of 2018 ave was 2.987. In Oct. 2021 ave was 3.384

U.S. All Grades All Formulations Retail Gasoline Prices (Dollars per Gallon)

 

[Concerned American]

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.
Oil imports and exports - U.S. Energy Information ...
www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php

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

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.
Oil imports and exports - U.S. Energy Information ...
www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php

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

Nice try, moron. Taking one very small segment of the total doesn't quite do it. There is more to the oil industry, imports and exports than "crude oil." As my link clearly stated, "Petroleum includes crude oil, hydrocarbon gas liquids, refined petroleum products such as gasoline and diesel fuel, and biofuels (including ethanol and biodiesel)."
Go away, you're boring me.

 

[Concerned American]

If Trump runs again & wins maybe he can head over to S.A. & play asslicker to Saudi princes like he did a few years ago.

Does he still have his curtsy act down?

 

[Concerned American]

Yeah well, Trump is a notorious liar.

Yeah well, surada is an insufferable moron.