Biden’s Treasury to borrow $776 billion in the final three months of the year

[Rambunctious]

During Covid, the price of oil went negative. So, yes, gas was very cheap. Golly!

The US is producing far more oil today than was produced at any period under Trump. We are more energy independent than we have ever been.

But Obama, Trump, and the Federal Reserve left us a legacy of high inflation.

We also have the OPEC+ nations lowering their production to counterbalance our increases, which is beyond the control of any president.

In order for Putin's economy to keep going, he needs oil to be above $60.

But the price didn't go up until Biden started shutting down pipelines and drilling contracts... so try again dummy....
The cost for gas stayed low during covid while Trump was president... please wake up....

 

[g5000]

But the price didn't go up until Biden started shutting down pipelines and drilling contracts... so try again dummy....
The cost for gas stayed low during covid while Trump was president... please wake up....

Yes, the cost for gas stayed low during Covid. Supply and demand! Duh!

Jesus, I can't believe this has to be explained to you.


As for the rest, it's getting old having to prove you tards' "Biden's war on oil" bullshit wrong over and over.

US oil production increased by 30 percent in Biden's first year. It only increased by 20 percent in Trump's first year. And they both started from the same level. So tell me why Trump hates America!



Next:

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%​

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.



More fun:

U.S. Energy Independence Has Grown​

Using the definition of exports minus imports, 2021 was our highest level of energy independence in history.​

But wait! There's more!

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.


We are producing more oil than ever before.

See for yourself: U.S. Field Production of Crude Oil (Thousand Barrels per Day)


Avoid your MAGA media, rube. They are making you look stupid in public.

 

[Rambunctious]

It's getting old having to prove you tards' "Biden's war on oil" bullshit wrong over and over.

US oil production increased by 30 percent in Biden's first year. It only increased by 20 percent in Trump's first year. And they both started from the same level. So tell me why Trump hates America!



Next:

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%​

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.



More fun:

U.S. Energy Independence Has Grown​

Using the definition of exports minus imports, 2021 was our highest level of energy independence in history.​

But wait! There's more!

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.


We are producing more oil than ever before.

See for yourself: U.S. Field Production of Crude Oil (Thousand Barrels per Day)


Avoid your MAGA media, rube. They are making you look stupid in public.

Dude I don't care what kind of lib feel good shit you find on the internet... I lived it... I know what I paid for gas and food before biden and I know what I'm paying now... you're making a fool out of yourself.... we all were alive and we all witnessed it....

 

[g5000]

Biden administration approves controversial Willow oil project in Alaska​

​

 

[g5000]

Dude I don't care what kind of lib feel good shit you find on the internet... I lived it... I know what I paid for gas and food before biden and I know what I'm paying now... you're making a fool out of yourself.... we all were alive and we all witnessed it....

Yes, but your lame attempts to blame Biden fail. Utterly.

It must kill you to learn we are producing more oil than ever. More than during the orange messiah's reign.

 

[Richard-H]

Ok stupid, let's go back to those rates. Let's also go back to spending from 1946: $55 billion.

I can live with that.

Keep your wingnut wet dreams to yourself please!

 

[Rambunctious]

Yes, but your lame attempts to blame Biden fail. Utterly.

It must kill you to learn we are producing more oil than ever. More than during the orange messiah's reign.

Dude he is president... he changed everything when he took office... this is not Trump's economy its Biden's...

 

[Fort Fun Indiana]

They are paying a disproportionate amount to how much they earn already.

Right, far too low. Progressive tax systems are superior by all the evidence.

 

[g5000]

Gee, $8 trillion of excess borrowing and spending by Obama, another $8 trillion of excess borrowing and spending by Trump, the Federal Reserve adding $7 trillion to their balance sheet since 2008, followed by a radical downturn in the economy, followed by a record surge in demand.

I wonder if that had anything to do with the inflation that followed?

Or is the crack dream of the MAGAts that somehow Biden pressed a button on January 20, 2021 and caused it is true?

High gas prices? Thanks Trump! Thanks Obama! Thanks Fed!

 

[Rambunctious]

This is how ignorant peope vote.

And how we got stuck with Joe Biden....

 

[g5000]

Dude he is president... he changed everything when he took office... this is not Trump's economy its Biden's...

He changed everything? Wow!

Like what? No more three hour rage tweet sessions? No more sucking up to communist dictators? No more alienating our allies?

No more increasing the deficit as a percentage of GDP?

More oil drilling permits than Trump?

Is that what you mean?

That BASTARD!

 

[Rambunctious]

Yes, but your lame attempts to blame Biden fail. Utterly.

It must kill you to learn we are producing more oil than ever. More than during the orange messiah's reign.

Biden is president not Trump... not even a good try on your part...

 

[Couchpotato]

Right, far too low. Progressive tax systems are superior by all the evidence.

We have one of the most progressive tax systems on the planet you jack ass.

https://www.washingtonpost.com/news/wonk/wp/2013/04/05/americas-taxes-are-the-most-progressive-in-the-world-its-government-is-among-the-least/

 

[Rambunctious]

He changed everything? Wow!

Like what? No more three hour rage tweet sessions? No more sucking up to communist dictators? No more alienating our allies?

No more increasing the deficit as a percentage of GDP?

More oil drilling permits than Trump?

Is that what you mean?

That BASTARD!

Biden spent his first 6 months in office undoing every Trump policy he could especially oil policy and drilling in the USA.... Nothing today is Trump's fault... not only has Biden fucked up America he has fucked up the free world.... look at it man... and think back to 2016 thru 2020... a world of difference...

 

[jc456]

The House controls the purse strings.

Obviously not

 

[Nostra]

Yes, the cost for gas stayed low during Covid. Supply and demand! Duh!

Jesus, I can't believe this has to be explained to you.


As for the rest, it's getting old having to prove you tards' "Biden's war on oil" bullshit wrong over and over.

US oil production increased by 30 percent in Biden's first year. It only increased by 20 percent in Trump's first year. And they both started from the same level. So tell me why Trump hates America!



Next:

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%​

New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.

Nearly 2,000 of the drilling permits were approved on public lands administered by the Bureau of Land Management’s New Mexico office, followed by 843 in Wyoming, 285 in Montana and North Dakota, and 191 in Utah. In California, the Biden administration approved 187 permits — more than twice the 71 drilling permits Trump approved in that state in his first year.



More fun:

U.S. Energy Independence Has Grown​

Using the definition of exports minus imports, 2021 was our highest level of energy independence in history.​

But wait! There's more!

U.S. Energy Independence Soars To Highest Level In Over 70 Years​

The U.S. is pumping oil faster than ever. Republicans don’t care.​

The GOP narrative has a major hole: U.S. oil production — already the highest in the world — is on track to set a new record this year, and will probably rise even more in 2024. But the ever-increasing flow of U.S. crude has failed to keep a lid on gasoline prices, showing once again that a global market drives the fuel prices that shape presidents’ political futures.

And that means events far beyond the nation’s borders will play a sizable role in voters’ verdict on “Bidenomics” — as global oil prices rise and fall in response to banking conditions in Europe, China’s slumping real estate market, Vladimir Putin’s war in Ukraine and the latest maneuvers by Saudi Arabia.

[snip]

U.S. oil production is forecast to average an all-time high of 12.8 million barrels a day this year and keep growing to 13.1 million in 2024, the federal Energy Information Administration said in its latest forecast.


We are producing more oil than ever before.

See for yourself: U.S. Field Production of Crude Oil (Thousand Barrels per Day)


Avoid your MAGA media, rube. They are making you look stupid in public.

How many barrels pumped on Tater approved leases, Simp?

ZERO sound about right? So explain to us exactly what Ayatollah Joe had to do with increased oil production.

GO g5000

 

[Nostra]

Biden administration approves controversial Willow oil project in Alaska​

​

How much oil we getting from that, Simp?

 

[Fort Fun Indiana]

We have one of the most progressive tax systems on the planet you jack ass.

And it's not progressive enough. No need to get sand in your giney and have a wittle hissy fit.

 

[Nostra]

Yes, but your lame attempts to blame Biden fail. Utterly.

It must kill you to learn we are producing more oil than ever. More than during the orange messiah's reign.

Despite Tater, not because of him, Simp.

 

[Nostra]

Keep your wingnut wet dreams to yourself please!

Dude, you are the one wanting to return to 1950, not me.

Make up your oatmeal mind.