Hoodwink: AP Hypes Biden Sounding ‘Alarm’ on Rising Energy Prices, Ignores His Anti-Oil Policies

[BlindBoo]

Biden should call Trump and ask his advice on how to keep oil prices down.

The only way Trumpybear got oil to drop was to down play the new virus to allow it to spread, so then he had to shut down the economy.

Oil mostly rose throughout his term, till Covid.

Cushing, OK WTI Spot Price FOB (Dollars per Barrel)

 

[DrLove]

Newsbusters ... AGAIN?

• Overall, we rate Newsbusters Far Right Biased based on story selection that always favors the right. We also rate them borderline questionable due to the use of poor sources and numerous failed fact checks. One additional failed fact check will push this source by default onto the Questionable list.

 

[Resnic]

One hand has a piece of paper infront of him that says "you're fucked" and the other hand behind his back has a piece of paper that says "and I'm the one doing it".

 

[Doc7505]

Keystone XL only benefitted the Chinese and Biden has NO control of the oil business.

Nordstream 2 is good for our European allies and saves them billions.

~~~~~~
Stop using your EEG results trying to make your point.

 

[marvin martian]

Wait until everybody needs to plug their cars in! And those rolling blackouts because there are more cars than electric!

Already happened in California. They told EV owners to limit the times when they recharge their vehicles, or go without charging them. This was AFTER the shit-for-brains governor signed a law that banned gas engines within the next few years.

 

[AntonToo]

Already happened in California. They told EV owners to limit the times when they recharge their vehicles, or go without charging them. This was AFTER the shit-for-brains governor signed a law that banned gas engines within the next few years.

I get straight cash in NY for charging off peak. $70-80 dollars to my Paypal every month, havent charged during the day in a year or so.

Electric Vehicle Charging Rewards | Con Edison

Earn unlimited cash rewards for charging your vehicle during off-peak times and get valuable data about your charging habits.

www.smartchargerewards.com

 

[Doc7505]

I suggest you read the Forbes article. The gist is that the Biden EOs have had very little effect on the energy industry. The only thing that Biden was pushing that affected the energy industry was a suspension of new oil leases for 60 days which is not unusual for a new administration.

A second question is whether OPEC has the spare capacity to raise production significantly. In addition to this shale oil producers are not ramping up production significantly. Apparently they prefer high prices.

The Real Reason OPEC+ Refused To Boost Production Further | OilPrice.com

The refusal by OPEC+ to increase its production by more than 400,000 bpd this month may actually have been driven by the fact that the cartel isn’t capable of producing much more

oilprice.com

U.S. shale drillers show restraint as oil prices rally, adding to OPEC leverage

U.S. shale oil production will expand at a “modest rate” over the next 18 months even as prices touch multiyear highs, leaving OPEC in a powerful position as the world cries out for more barrels.

www.worldoil.com

~~~~~~
OTOH,

Drill, Moscow, drill: Team Biden goes on defense over mixed signals on energy, climate

Team Biden had to play defense Monday after the president suffered a self-inflicted dent to his reputation ahead of the U.N. climate conference in Glasgow, Scotland, when he urged other major energy producers to pump more oil.

www.washingtontimes.com

 

[BluesLegend]

Trump supporters are the shit show and that is what they want to turn this country into.

Lie and lie.

 

[Doc7505]

You want to jail everyone you hate.

Isn't that exactly what Biden, Wray, Garland and you have been advocating for protesters of Jan 6th, Parents who oppose CRT taught to their children and critical workers like Medical personnel, Leo's, Fire fighters, Transit, etc.. be treated as Domestic Terrorists?

 

[surada]

Biden should call Trump and ask his advice on how to keep oil prices down. I doubt we'll ever see gas under 2 dollars a gallon again.

Another pandemic and lock down will shrink market demand and the ppb will go down.

 

[HenryBHough]

We really old folks are laughing like Hell at all this. You young assholes elected Xiden and are going to live to suffer under his socialist regime's policies. Inflation? Hyper-inflation? Just the beginning. Coming soon, rationing of some foods and the opening of warming centers for those who have to flee their homes because there's no fuel for heat. Oh, and the darkness when the power grid runs out of electricity to parcel out.

And we'll be comfortably past our "use by" dates.



Suck it up buttercups!

 

[surada]

We really old folks are laughing like Hell at all this. You young assholes elected Xiden and are going to live to suffer under his socialist regime's policies. Inflation? Hyper-inflation? Just the beginning. Coming soon, rationing of some foods and the opening of warming centers for those who have to flee their homes because there's no fuel for heat. Oh, and the darkness when the power grid runs out of electricity to parcel out.

And we'll be comfortably past our "use by" dates.



Suck it up buttercups!

Are you also Rapture Ready?

 

[Doc7505]

Another pandemic and lock down will shrink market demand and the ppb will go down.

So you're betting on a Covid spike real or created to propagandize your Progressive Marxist ideology...

 

[surada]

So you're betting on a Covid spike real or created to propagandize your Progressive Marxist ideology...

Nope.. I am not betting on a Covid Spike, but that's what gave you cheap gasoline in 2020.

 

[kyzr]

And yet, the White House is on pace to hand out more oil and gas drilling permits this year than any under President Trump and the most since George W. Bush left the Oval Office

Fake news. Xiden is stopping oil production in the US, including permits and pipelines. Oil production is crashing and they are begging OPEC and Russia to produce more. What MORONS.

Biden suspends oil-drilling leases in Alaska's Arctic refuge

Republicans and the energy industry have long sought to open the remote area, as Democrats, environmental groups and some Alaska tribes have worked to keep it off-limits.

www.nbcnews.com

 

[surada]

Fake news. Xiden is stopping oil production in the US, including permits and pipelines. Oil production is crashing and they are begging OPEC and Russia to produce more. What MORONS.

Biden suspends oil-drilling leases in Alaska's Arctic refuge

Republicans and the energy industry have long sought to open the remote area, as Democrats, environmental groups and some Alaska tribes have worked to keep it off-limits.

www.nbcnews.com

View attachment 562267

MSN

www.msn.com

 

[BlindBoo]

Oil production is crashing

As per your own graph, bullshit.

U.S. crude oil production averaged an estimated 11.4 million b/d in October, up from 10.7 million b/d in September as a result of production increases following disruptions from Hurricane Ida. We forecast production will rise to 11.6 million b/d in December. We forecast annual production will average 11.1 million b/d in 2021, increasing to 11.9 million b/d in 2022 as tight oil production rises in the United States. Growth will come largely as a result of onshore operators increasing rig counts, which we expect will offset production decline rates.

https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf

 

[kyzr]

The only way Trumpybear got oil to drop was to down play the new virus to allow it to spread, so then he had to shut down the economy.
Oil mostly rose throughout his term, till Covid.

1. You mean the new virus Fau-Chi paid China to develop, and killed 750,000 Americans?
2. Trump had the US energy independent. Wet-Fart Xiden has no clue how to manage the energy sector. Hhe punishes the US and rewards Russia and OPEC??? What a wet-fart MORON.

 

[Doc7505]

Nope.. I am not betting on a Covid Spike, but that's what gave you cheap gasoline in 2020.

What? I thought the Bai Dung's push for the mandated vaccinations would do away with Covid and it's spiking... Or has he been lying to us all along?

 

[surada]

Why did no oil companies bid on Alaska leases?
Low oil prices, coupled with the prospect of a public backlash, meant that no major oil companies bid on the leases. As a result, a state agency, Alaska Industrial Development and Export Authority, emerged as the main bidder.

MSN

www.msn.com