Even with all that, you still do not know that oil is sold on a global market place. That the price is not set by the US or US companies, but based upon global supply.
All you do is parrot the words of others yet have no earthly clue what it is you are posting.
Weird indeed.
You are right about one thing! I do parrot the words of people who make a living providing the expertise that provides the proof!
I am constantly laughing at you where you post YOUR OWN words as expertise! Why are you on this forum when as God you are wasting your expertise!
It is amazing what a pompous butt you are to think YOU are so knowledgeable you require NO validation!
What is amazing also is your ignorance of influence a President has on gas prices.
Fact is the ONLY segment of oil prices that the president has a DIRECT influence on is the Federal oil explorations on Federal lands.
And this is the results:
The canceled lease sales signal headwinds for the domestic energy industry and could dissuade investors from putting their money into the sector, Frank Macchiarola, senior vice president of industry trade group American Petroleum Institute, told CBS MoneyWatch.
"If you line up the series of [Biden Administration] policies, not one will have the effect of too sharply raising gas prices in the short term, but they all create in their totality an environment in which investors say,
'I'm not going to invest in this industry because of the headwinds,'" he said. "Over the medium and long term, that has a terribly detrimental effect on price volatility."
Critics say the U.S. government's move to block more drilling shows a "lack of commitment" to energy independence.
www.cbsnews.com
Now knowing how Mentally DENSE you are I have to put it into simple terms.
Biden's guarantee: "
I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM
Now because you are so dense I have to explain this to you!
Biden saying he guarantees the riddance of fossil fuels means investors will not invest in oil companies thus raising the cost of alternative funding... or
as the CEO of Chevron says..“.
“You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying,
‘We don’t want these products.’”
Again you are truly so dense you don't comprehend what that means. Biden's guarantee and statements like the following:
"
There is no more drilling. I haven’t formed any new drilling."
President Biden told a protester at the end of his rally in support of Democratic Gov. Kathy Hochul that there would be no more drilling.
www.foxbusiness.com
No more drilling on federal lands.
No more drilling, including offshore.
No ability for the oil industry to continue to drill, period, ends, number one."
Oh and again your tunnel vision that only gas comes from oil will come to hit your pocketbook you buy tires and drive on asphalt roads.
These and 6,000 items will cost more because of Biden's "guarantee to rid fossil fuels"!
2 billion tires made every year from 300 million barrels of oil.
94% of roads in America use Asphalt which use 1.4 Billion barrels of oil.
www.ranken-energy.com
But again you are so uninformed, I would be surprised if you know what 14.4 kbps measures!
alec.org
