- Sep 19, 2011
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In an AP-NORC survey released Wednesday, 85% of US adults say that things in the country are headed in the wrong direction, with just 14% believing things are going in the right direction.
kion546.com
Finally Biden grudgingly agrees to resume Federal leasing.
The Biden administration will resume federal oil and gas leasing in June with a large reduction in acres available for drilling and a historic royalty rate increase. On April 18, 2022, the Bureau of Land Management (“BLM”) issued notices of oil and gas lease sales for approximately 144,000 acres of federal land in Colorado, New Mexico, Nevada, North Dakota, Montana, Utah and Wyoming. BLM scheduled the June 2022 onshore lease sales nearly a year after the U.S. District Court for the Western District of Louisiana enjoined the Biden administration’s self-described “pause” of the federal oil and gas leasing program—an action taken pursuant to Executive Order 14008: “Tackling the Climate Crisis at Home and Abroad.”
www.bhfs.com
People like me who ARE NOT experts in why gas prices UNDERSTAND though the simple principles involved in why we have gas prices when gas increase of 102%????
Gas prices when Biden took office 1/20/2021...$2.392 vs today $4.847 or a 102.63%!
WHY??? Well Biden said and did this:
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
So if Biden is ridden fossil fuels, what is the responsibility to shareholders for their ownership in an industry to be destroyed?
Raise prices now! Make as much as you can.
Also tell me what YOU would do if you were an oil executive and you heard this...
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.
www.dailymail.co.uk
Again what would you do if the President wants you thrown in jail.
Then to top it off....
Biden ACTION raise rates!
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.
www.npr.org
Now if you are truly an honest and intelligent person... given the above what is the fossil fuels future under Biden?
Destruction. Jail time for oil workers. Higher costs today.
So Biden after almost a year and half ACKNOWLEDGES what we simple minded people KNOW!!
ENCOURAGE oil production in the USA! If oil exploration increases, that means more oil to refineries which means more gas to gas stations, which means LOWER prices. That simple.
Plus we need to rebuild the Strategic Petroleum Reserve which is down to
the SPR is down by 25%! What will Americans do if there is some weather disaster affecting oil production?
en.wikipedia.org
Polls find majority of Americans say country is heading in wrong direction – KION546
By Ariel Edwards-Levy, CNN The vast majority of Americans across party lines are unhappy with the state of the US, a new set of polling finds. In an AP-NORC survey released Wednesday, 85% of US adults say that things in the country are headed in the wrong direction, with just 14% believing...
kion546.com
The Biden administration will resume federal oil and gas leasing in June with a large reduction in acres available for drilling and a historic royalty rate increase. On April 18, 2022, the Bureau of Land Management (“BLM”) issued notices of oil and gas lease sales for approximately 144,000 acres of federal land in Colorado, New Mexico, Nevada, North Dakota, Montana, Utah and Wyoming. BLM scheduled the June 2022 onshore lease sales nearly a year after the U.S. District Court for the Western District of Louisiana enjoined the Biden administration’s self-described “pause” of the federal oil and gas leasing program—an action taken pursuant to Executive Order 14008: “Tackling the Climate Crisis at Home and Abroad.”
Biden Administration Reopens Federal Lands for Oil and Gas Leasing Under Reformed Program
The Biden administration will resume federal oil and gas leasing in June with a large reduction in acres available for drilling and a historic royalty rate increase. On April 18, 2022, the Bureau of Land Management (“BLM”) issued notices of oil and gas lease sales for approximately 144,000 acres...
www.bhfs.com
Gas prices when Biden took office 1/20/2021...$2.392 vs today $4.847 or a 102.63%!
WHY??? Well Biden said and did this:
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”
So if Biden is ridden fossil fuels, what is the responsibility to shareholders for their ownership in an industry to be destroyed?
Raise prices now! Make as much as you can.
Also tell me what YOU would do if you were an oil executive and you heard this...
Biden wants to throw oil executives into jail... “we should put them in jail” when talking about fossil fuel executives.
Joe Biden on fossil fuel executives: 'We should put them in jail!'
Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.
Then to top it off....
Biden ACTION raise rates!
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.
Biden increases oil royalty rate and scales back lease sales on federal lands
The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.
www.npr.org
Destruction. Jail time for oil workers. Higher costs today.
So Biden after almost a year and half ACKNOWLEDGES what we simple minded people KNOW!!
ENCOURAGE oil production in the USA! If oil exploration increases, that means more oil to refineries which means more gas to gas stations, which means LOWER prices. That simple.
Plus we need to rebuild the Strategic Petroleum Reserve which is down to
U.S. Strategic Petroleum Reserve drops to lowest level since 1987
538 million barrels, the lowest since 1987. The SPR capacity is 714 million barrels...and due to Biden's wishes to destroy fossil fuels,the SPR is down by 25%! What will Americans do if there is some weather disaster affecting oil production?
