Biden’s new treasury nominee: wants oil, gas, coal industries to go bankrupt

[theHawk]

Very little oil in the US is controlled by US only oil corporations they are mostly all internationals corporations. She could never stop the capitalist.

Keystone pipeline was shutdown by Biden. The US government very much controls what goes on in the oil industry.

 

[Polishprince]

If congress passes a bill stopping all exportation of petroleum I bet you rightist will have a fit over that also.

Sure. That would be a stupid idea as well.

America needs to actually encourage production of oil for both domestic use as well as foreign trade.

The dream is for the USA to become the Saudi Arabia of oil.

Available energy sources is the key to growth.

 

[theHawk]

If she was a commie she'd want to nationalize the petroleum industry.

She wants to nationalize the entire energy sector. By putting oil and gas out of business, and subsidizing “green energy” which effectively gives government control.

Whether it’s done as state owned or through corporate fascism is irrelevant. These are state authoritarians who want to punish their enemies and reward their corrupt allies. It’s easier to get corporations to do their dirty work since they can’t get the votes to do it legally through government, like vaccine mandates have shown.

 

[Moonglow]

She wants to nationalize the entire energy sector. By putting oil and gas out of business, and subsidizing “green energy” which effectively gives government control.

Whether it’s done as state owned or through corporate fascism is irrelevant. These are state authoritarians who want to punish their enemies and reward their corrupt allies. It’s easier to get corporations to do their dirty work since they can’t get the votes to do it legally through government, like vaccine mandates have shown.

The petro guys get govt. subsidies also, yet neither constitutes nationalization

 

[Wild Bill Kelsoe]

Meet Biden’s latest nominee to the treasury department, the Kazakhstani Commie.

She wants energy companies to go bankrupt, all in the name of climate change. How noble.

Biden Treasury nominee Omarova laments Manchin: He is 'supposed to be on the Democratic side'

President Biden's nominee for a key Treasury post said Sen. Joe Manchin blocks important spending bills in a roundtable earlier this year, as her nomination appears in danger of tanking in the Banking Committee.

www.foxbusiness.com

Is it too much to ask the Democrats to not nominate foreign communists to positions in the government? Apparently.

The Libtards really are that stupid

 

[Moonglow]

Sure. That would be a stupid idea as well.

America needs to actually encourage production of oil for both domestic use as well as foreign trade.

The dream is for the USA to become the Saudi Arabia of oil.

Available energy sources is the key to growth.

The US doesn't have the reserves to be a Saudi duplicate.

 

[Polishprince]

The petro guys get govt. subsidies also.

Actually, the petro guys get royally schlonged.

Apparently you are unfamiliar with the confiscatory taxes of gasoline and other products being produced.

 

[Polishprince]

The US doesn't have the reserves to be a Saudi duplicate.

America has more than we ever thought we had, with our off shore reserves and the wonders of blessed fracking.

 

[surada]

Keystone pipeline was shutdown by Biden. The US government very much controls what goes on in the oil industry.

After 10 years you still don't know the Keystone XL was at the expense of US taxpayers and only benefitted the Chinese?

 

[Moonglow]

Keystone pipeline was shutdown by Biden. The US government very much controls what goes on in the oil industry.

Keystone is flowing with oil. Evidently you have no idea of what you speak of.

 

[Wild Bill Kelsoe]

The petro guys get govt. subsidies also, yet neither constitutes nationalization

No they don't

 

[surada]

America has more than we ever thought we had, with our off shore reserves and the wonders of blessed fracking.

We already have more than 3,000 shallow wells in the Gulf of Mexico.

 

[Moonglow]

America has more than we ever thought we had, with our off shore reserves and the wonders of blessed fracking.

Show us the numbers then.

 

[CowboyTed]

Biden (his handlers) hires a lot of Europhobic, ugly beasts who can barely speak English. Why would that be?

How could they be Europhobic... You call Europe a bunch of Commies...

Hard getting your screwball story straight...

 

[Moonglow]

No they don't

Yeah they do they have special tax breaks.

 

[Moonglow]

Her lane is finance, and she does want that nationalized.

Ain't never gonna happen.

 

[Wild Bill Kelsoe]

Yeah they do they have special tax breaks.

Those aren't subsidies. Wind and solar get $20billion+ a year in cash subsidies.

 

[Wild Bill Kelsoe]

We already have more than 3,000 shallow wells in the Gulf of Mexico.

Most of those are plugged and abandoned.

 

[surada]

Most of those are plugged and abandoned.

I don't know how many.

Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. Oil production is expected to continue the upward trend in 2018 and 2019, based on ten new oil fields which are planned to start production in those years.

 

[Wild Bill Kelsoe]

I don't know how many.

Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. Oil production is expected to continue the upward trend in 2018 and 2019, based on ten new oil fields which are planned to start production in those years.

But this is 2021 and production is going down, thanks to your commie friends. And Biden wants to shut down another pipeline.