How totally STUPID... Biden's moratorium on 25% oil producing land and now begs OPEC increase output!

Read the link to the article on page 1.

OPEC has agreed to increase production 400,000 bpd over the next 4 months.
They did so BEFORE Biden's begging!
"OPEC+ agreed in July to boost output by 400,000 barrels per day a month starting in August."
He needs more!
Estimates of production costs of various petroleum products.
The reality is not that we are "running out of oil," but rather that we are transitioning from a period of easily-accessible oil at low prices to an era of increasingly unconventional production, which has higher costs.
 
Again you make dummy statements WITH NO Support!

NOW for FACTS with links!!

Then why is Biden doing this:

OPEC slaps down Biden begging for more oil…​

Last week, U.S. President Joe Biden's administration urged the producer group to boost output to tackle rising gasoline prices it sees as a threat to the global economic recovery.


Geez when will you learn? There is this thing called the Internet! Helps you make smarter statements!
NOT statements that show your ignorance!

Geez, when will you learn? The internet helps you find antigovernment propaganda to back up the lies you tell, hence every source you use must be fact checked. News.trust.org is so new that I couldn't even find a rating for it.

Using obscure unrated websites is one of the ways that internet trolls, paid posters and others try to mask the propaganda they're spewing via social media. It's not making "smarter statements" at all. It proves you to be a dishonest troll.

Try coming up with a credible website to back up what you're posting. That's something you can't do.
 
They did so BEFORE Biden's begging!
"OPEC+ agreed in July to boost output by 400,000 barrels per day a month starting in August."
He needs more!
Estimates of production costs of various petroleum products.
The reality is not that we are "running out of oil," but rather that we are transitioning from a period of easily-accessible oil at low prices to an era of increasingly unconventional production, which has higher costs.

We don't buy much from OPEC .. maybe 400,000 barrels a day, but lowering the ppb by raising production will help with the price of gasoline world wide.

The US has very high extraction costs so its pretty hard for the US to compete and still make a profit.
 
In fact, historical projections suggest that the world has "almost run out of oil" at least five times in the past century. Here are some examples:

  • "The world will run out of oil in 10 years."
    • - U.S. Bureau of Mines (1914)
  • "The world will run out of oil in 13 years."
    • - U.S. Department of the Interior (1939 and 1950)
  • "The world will run out of oil and other fossil fuels by 1990."
    • - Paul Erlich, Limits to Growth (1973)
  • "The world will run out of oil in 2030, and other fossil fuels in 2050."
    • - Paul Erlich, Beyond the Limit (2002)
 
Geez, when will you learn? The internet helps you find antigovernment propaganda to back up the lies you tell, hence every source you use must be fact checked. News.trust.org is so new that I couldn't even find a rating for it.

Using obscure unrated websites is one of the ways that internet trolls, paid posters and others try to mask the propaganda they're spewing via social media. It's not making "smarter statements" at all. It proves you to be a dishonest troll.

Try coming up with a credible website to back up what you're posting. That's something you can't do.
So where are YOUR LINKS? What are your sources? These people?
MSMdonations.png
 
We don't buy much from OPEC .. maybe 400,000 barrels a day, but lowering the ppb by raising production will help with the price of gasoline world wide.

The US has very high extraction costs so its pretty hard for the US to compete and still make a profit.
Once again... NO research on your part..


The below chart from the above URL... total oil from OPEC is 1.56 million barrels a day ! NOT 400,000!
And total oil imports per DAY is 7.3 million barrels!
GEEZ a little research and putting your links is how more intelligent and scholarly people work!
Screen Shot 2021-08-17 at 10.42.57 AM.png
 
In fact, historical projections suggest that the world has "almost run out of oil" at least five times in the past century. Here are some examples:

  • "The world will run out of oil in 10 years."
    • - U.S. Bureau of Mines (1914)
  • "The world will run out of oil in 13 years."
    • - U.S. Department of the Interior (1939 and 1950)
  • "The world will run out of oil and other fossil fuels by 1990."
    • - Paul Erlich, Limits to Growth (1973)
  • "The world will run out of oil in 2030, and other fossil fuels in 2050."
    • - Paul Erlich, Beyond the Limit (2002)

Hubert's Peak Oil was a political ploy in the 1950s. .. and laughed at by oil men even then. It was written because US producers couldn't compete price wise and it was a way to convince US producers (the Texas Railroad Commission) to allow MORE oil imports.

Zaki Yamani said, The stone age didn't end because we ran out of stones.
 
Once again... NO research on your part..


The below chart from the above URL... total oil from OPEC is 1.56 million barrels a day ! NOT 400,000!
And total oil imports per DAY is 7.3 million barrels!
GEEZ a little research and putting your links is how more intelligent and scholarly people work!
View attachment 5

I told you we import about 7.5 to 8 million bpd. Venezuela is a founding member of OPEC.

Opec+ refers to the alliance of crude producers, who have been undertaking corrections in supply in the oil markets since 2017. OPEC plus countries include Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, Russia, South Sudan and Sudan.
What is the Opec+? - INSIGHTSIAS

 
We went from energy independence to Xiden dependence in a quick swoop. All because the former POTUS' skin is orange.
 
We'll see about that. In the meantime the 2022 election is coming. Voters are feeling gas prices most directly. 1/3 -- 33% increase in prices in six months.

View attachment 527071

Let's look as gas prices in 2019, shall we? Oh my, this week in 2019, gas was $2.71, down from $2.73 a week earlier. So in reality, gas prices are up 9% over what they were 2 years ago, even though production at oil fields and refineries in the USA is just getting back online.


You clowns keep comparing prices on everything with prices one year ago when everyone was in lockdown. Try looking at what prices were when the economy was running full steam, and inflation isn't anywhere near as catastrophic as your handlers are telling you.

You're just not smart enough to figure this shit out for yourself. You have to be lead, like a child, to see how Republicans lie to you and swindle you every single time. Stop being a mark and a shill for these liars. It makes you look stupid.
 
You can be dishonest with yourself all day every day as you do, but it doesn't belong to anyone else but you.

How am I being dishonest? Every day I poke holes in your right wing bullshit and lies, and I back up my posts with links to credible sources.

You come here and post white nationalist propaganda backed up with links to Questionable Sources, and right wing billionaire owned news outlets, which are also noted as conspiracy theory websites, which deny science. You're the guy with ZERO credibility here.

Oh, and insults. The problem with being a liar, isn't that you're not believed, it's that you think everyone lies just because YOU lie. I don't lie. I fact check before I post a link. And I make you look stupid every single day of the week. All you have is lies and questionable sources.
 
In fact, historical projections suggest that the world has "almost run out of oil" at least five times in the past century. Here are some examples:

  • "The world will run out of oil in 10 years."
    • - U.S. Bureau of Mines (1914)
  • "The world will run out of oil in 13 years."
    • - U.S. Department of the Interior (1939 and 1950)
  • "The world will run out of oil and other fossil fuels by 1990."
    • - Paul Erlich, Limits to Growth (1973)
  • "The world will run out of oil in 2030, and other fossil fuels in 2050."
    • - Paul Erlich, Beyond the Limit (2002)
What does that prove... Some one said something mad 75+ years ago and Paul Erlich has been widely disproven and speaks for no one..

You are just cherry picking bullshit... Time for you smell what you're shovelling...

It is pretty obvious for some reason you want to keep burning more Oil.. You have no ambition or imagination to do anything else...

You are too fucking dumb to read any real material on the subject and go to internet land of bullshit mountain...

the scientists who actually find oil have said we have to heavily reduce our reliance on it... US spend trillions in the Middle East trying to secure access to it...

Look the fuck up... There is a thing called a Sun.. It is there everyday and gives more energy in a day than all the oil on earth... No one rights to it, no one can tax it...
 
What does that prove... Some one said something mad 75+ years ago and Paul Erlich has been widely disproven and speaks for no one..

You are just cherry picking bullshit... Time for you smell what you're shovelling...

It is pretty obvious for some reason you want to keep burning more Oil.. You have no ambition or imagination to do anything else...

You are too fucking dumb to read any real material on the subject and go to internet land of bullshit mountain...

the scientists who actually find oil have said we have to heavily reduce our reliance on it... US spend trillions in the Middle East trying to secure access to it...

Look the fuck up... There is a thing called a Sun.. It is there everyday and gives more energy in a day than all the oil on earth... No one rights to it, no one can tax it...
"Lol lol lol... it's off to work we go... " Fairy tale... the Sun... no one right or tax it!
solar panels. Who makes them? Hmmm...
Out of a sample of 80 major frame producers,
59 are based out of China and the rest are scattered across 12 other countries.
So one solar panel at Lowe's cost $86.00.
How many solar panels generating on average per year per panel:
Multiply 250 x 6, and we can calculate that this panel can produce 1,500 Wh, or 1.5 kWh of electricity per day.
1.5kWH/day of electricity...
How much electricity used in America in one day:

Electricity consumption in the United States was about 3.8 trillion kilowatthours (kWh) in 2020​

Divided by 365.25 days or 10,403,832,991 KWh/day.... hmmm
How many solar panels: 41,615,331,964 panels at 1.5kWh/6 Cost at $86/panel: or $3,578,918,939.
And that is JUST the cost of the panels.
Add in the cost of installation. maintenance.
There ain't no such thing as a free lunch!
 
Let's look as gas prices in 2019, shall we? Oh my, this week in 2019, gas was $2.71, down from $2.73 a week earlier. So in reality, gas prices are up 9% over what they were 2 years ago, even though production at oil fields and refineries in the USA is just getting back online.


You clowns keep comparing prices on everything with prices one year ago when everyone was in lockdown. Try looking at what prices were when the economy was running full steam, and inflation isn't anywhere near as catastrophic as your handlers are telling you.

You're just not smart enough to figure this shit out for yourself. You have to be lead, like a child, to see how Republicans lie to you and swindle you every single time. Stop being a mark and a shill for these liars. It makes you look stupid.
Stupid is not dealing with the facts!
$2.71 is 17% less than it is today at $3.17.
Plus Biden has stopped signing Federal land leases which have supplied 25% of our nation's oil.
That is pure stupidity!
Screen Shot 2021-08-17 at 10.28.51 AM.png

Screen Shot 2021-08-17 at 3.12.16 PM.png
 

White House calls on OPEC to boost oil production as gasoline prices rise​

What a f...king idiot!
Do you know that 25% of all USA oil production is done on Federal lands?
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.

So Biden puts a moratorium on leases and NOW wants Americans to depend on OPEC!
How totally stupid!

No you stupid dolt, he wants OPEC to produce more so the price will come down around the world and the USA.

You right wingers are so clueless on the economy it's a wonder how you afford internet.
 
"Lol lol lol... it's off to work we go... " Fairy tale... the Sun... no one right or tax it!
solar panels. Who makes them? Hmmm...
Out of a sample of 80 major frame producers,
59 are based out of China and the rest are scattered across 12 other countries.
So one solar panel at Lowe's cost $86.00.
How many solar panels generating on average per year per panel:
Multiply 250 x 6, and we can calculate that this panel can produce 1,500 Wh, or 1.5 kWh of electricity per day.
1.5kWH/day of electricity...
How much electricity used in America in one day:

Electricity consumption in the United States was about 3.8 trillion kilowatthours (kWh) in 2020​

Divided by 365.25 days or 10,403,832,991 KWh/day.... hmmm
How many solar panels: 41,615,331,964 panels at 1.5kWh/6 Cost at $86/panel: or $3,578,918,939.
And that is JUST the cost of the panels.
Add in the cost of installation. maintenance.
There ain't no such thing as a free lunch!

How much did all of those wildfires, hurricanes and floods cost you last year? Remember those old car care commericals? "You can pay me now or you can pay me later, but you're gonna pay me". Why not convert to green energy, now because the price is only going to go up?

The province of Ontario spent millions converting to green energy and it cost a bomb of money to do it. The residents of Ontario howled at our energy prices - the highest in Canada. They basically threw money at windmill companies, and overpaid for the power generated.


The Liberals went down to defeat because of the financial waste and while I agree they made bad deals, and overpaid for the power generated, I also calculated that when the original 10 year deal expired in 2019, Ontario would have some of the cheapest electricity in North America and we do.


There is also the money generated in the construction of green energy - jobs, and investment. Local farms rent out 5 acre parcels to the power companies for the windmills and get $60,000 per year in rent, stabilizing family farm incomes in years when yields and prices are low. Plus cleaner air and water. Ontario closed it's last coal fired energy plant in the mid-90's, and air quality has done nothing but improve since then.

It's a win/win for everyone, except coal fired electrical plants.
 

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