If 25% of a commodity is removed, will the consumers' cost go up?

[danielpalos]

That is why right wingers blame democrats; not because it did but because it could.

 

[struth]

That is why right wingers blame democrats; not because it did but because it could.

um no the things discussed in the OP did happen and are happening

 

[danielpalos]

That is why right wingers blame democrats; not because it did but because it could.

um no the things discussed in the OP did happen and are happening

When has this happened?

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

 

[struth]

That is why right wingers blame democrats; not because it did but because it could.

um no the things discussed in the OP did happen and are happening

When has this happened?

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

when xiden cut the oil leases...and prices of fuel are skyrocketing

 

[NightFox]

That is why right wingers blame democrats; not because it did but because it could.

um no the things discussed in the OP did happen and are happening

When has this happened?

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

when xiden cut the oil leases...and prices of fuel are skyrocketing

Biden hasn’t “cut the leases”, his freeze on NEW federal land leases was blocked by a Federal Court, thus the freeze on NEW federal land leases isn’t in effect.

 

[DBA]

The pause for review on new leases did not cause a drop in production on federal lands.

I believe the point was that it *could* result in contraction of the domestic production possibilities curve in the future for those commodities, which is true, however given that the market isn't as simple as some apparently believe it doesn't necessarily entail corresponding price increases, for example we import crude oil, refine it and then turn around and export the refined products, contraction of the domestic crude oil PPC might involve reducing such exports to meet domestic demand.

Saudi Arabia accounts for less than 10 % of our petroleum imports.

7% in 2020 (on a downward sloping trend line).

BlindBoob want's to keep funding terrorist supporting and oppressive governments and not evelop energy domestically. He's a dick that way.

But in his defense, BlindBoob realizes that terrorist supporting and oppressive government's aren't on the earth as we are and drilling oil there and shipping it across oceans doesn't affect our environment.

Arguing with leftists is always an experience in stupid

The only exercise you seem to get is jumping to conclusions. Of course that’s the only way you can twist the facts to bend your distorted view of things.

One of the most effective ways to lower prices on oil is to reduce the need for it, making it more abundant and therefore cheaper.

Nowhere in any of your articles does it mention the fact that the OPEC cut production at the beginning of January 2020, because prices were so low. They intended to drive up the price of oil, but the pandemic further reduced demand and prices stayed low.

Now that the world is getting moving again, demand is increasing and prices are rising. Instead of blaming OPEC, of course the right wing media blames Biden.

And you gullible fools fall for this bullshit every single time.

The left are economic imbeciles. Limiting US oil production, which this ultimately does will most certainly increase costs in the US. We won’t all be driving electric vehicles in 2 years. They are not only impractical for many applications, but we don’t have the infrastructure or the technology to support them on a full scale.

Speaking of infrastrucure, if Biden gets his plan passsed as it is, inflation will absolutely go through the roof as we continue to print money. The dollar will lose much of its value. Foreign investment in the US dollar will dramatically decrease. The Republican plan isn’t so great either frankly, but at least the money is more sane and there isn’t nearly as much pork.

I don’t think Biden has a clue what he is doing, but his handlers do. Their goal is to take the US down several notches. Democratic lemmmings follow along. Years of brainwashing has come to fruition for our enemies(Russia and China). They infiltrated our schools and fully indoctrinated a couple of generations into believe that America is bad, wealth is bad, Socialism is good and globalism is good. It is a sad but true reality.

 

[danielpalos]

Increase grid capacity by twenty-five percent!

 

[DBA]

Increase grid capacity by twenty-five percent!

You mean via Nuclear power or some ridiculous number of windmills and solar panels? Where and how do we store all this energy when the wind isn’t blowing and the sun isn’t shining?

 

[danielpalos]

Increase grid capacity by twenty-five percent!

You mean via Nuclear power or some ridiculous number of windmills and solar panels? Where and how do we store all this energy when the wind isn’t blowing and the sun isn’t shining?

Not at all. We could eventually capture lightning energy if we could store it somehow. Mass storage is the answer.

 

[surada]

That is why right wingers blame democrats; not because it did but because it could.

um no the things discussed in the OP did happen and are happening

When has this happened?

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

when xiden cut the oil leases...and prices of fuel are skyrocketing

Last year we had a pandemic so the market for gasoline was way down ... Oil leases had nothing to do with that either.

The Keystone sludge bound for our Free Trade Zone is still going to the refineries. That source has NOT been eliminated.

The ppb had to go up or our domestic producers whould go out of business because US lift costs are the highest in the world.

The only real change in the market is that in 2020 Trump placed sanctions on Venezuela so we started buying more crude oil from Russia.

 

[my2¢]

If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

Our gasoline costs are dependent on how much oil companies make available rather than how much is available to them. It isn't like they're already operating at anywhere near full capacity. Your linked article immediately presents a pretty simple explanation of how capitalism generally works......

In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA)
forecasts that annual U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d
from 2020 as result of a decline in drilling activity related to low oil prices.
​

 

[NightFox]

Increase grid capacity by twenty-five percent!

You mean via Nuclear power or some ridiculous number of windmills and solar panels? Where and how do we store all this energy when the wind isn’t blowing and the sun isn’t shining?

Wind and solar work just fine, for example in Texas where they have 12.6% reserve generation capacity over peak demand and some of the lowest electricity prices in the Country. They generate over 20% of that capacity with Wind (and growing). The problem with wind and solar is that they suffer from geographic limitations not capacity limitations (i.e. they can’t be used everywhere).

 

[NightFox]

If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

Our gasoline costs are dependent on how much oil companies make available rather than how much is available to them. It isn't like they're already operating at anywhere near full capacity. Your linked article immediately presents a pretty simple explanation of how capitalism generally works......

In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA)
forecasts that annual U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d
from 2020 as result of a decline in drilling activity related to low oil prices.
​

Good points, you also have to factor in the fact that roughly 90% of domestic drilling occurs on private and State owned lands that wouldn’t be affected even if this pause went into effect, nor would current Federal leases affected.

The OPs entire “25% of oil and gas on Federal lands” premise is entirely fictitious.

 

[healthmyths]

If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

Our gasoline costs are dependent on how much oil companies make available rather than how much is available to them. It isn't like they're already operating at anywhere near full capacity. Your linked article immediately presents a pretty simple explanation of how capitalism generally works......

In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA)
forecasts that annual U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d
from 2020 as result of a decline in drilling activity related to low oil prices.
​

Good points, you also have to factor in the fact that roughly 90% of domestic drilling occurs on private and State owned lands that wouldn’t be affected even if this pause went into effect, nor would current Federal leases affected.

The OPs entire “25% of oil and gas on Federal lands” premise is entirely fictitious.

Where is your proof that your statement ?
"The OPs entire “25% of oil and gas on Federal lands” premise is entirely fictitious."
Here is MY proof regarding "25% of oil and gas on Federal lands"!
Two distinct links.
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link:

Oil from federal lands tops 1B barrels as Trump eases rules

Oil production from federally-managed lands and waters topped a record 1 billion barrels last year

abcnews.go.com

The federal share of total U.S. crude oil production fell from its peak at nearly 36% in 2009 to less than 24% in 2017 at the same time overall production increased

https://crsreports.congress.gov/product/pdf/R/R42432

You don't know how to use the Internet do you?

 

[healthmyths]

So this idiot "NightFox" states The OPs entire “25% of oil and gas on Federal lands” premise is entirely fictitious."
but thanks to his idiocy here is further proof as to how a President has a direct effect on the price of gas.
A) The federal share of total U.S. crude oil production fell from its peak at nearly 36% in 2009 to less than
24% in 2017 at the same time overall production increased
https://crsreports.congress.gov/product/pdf/R/R42432
B) Why it feel from 2009 to 2016!!!
Dumb ass Obama (who's policies Biden is following).. had one year were more federal leases were signed ! 1 Year out of 8! Now you dummies are going to say "Yea but Trump signed nearly 1,000 less in 2020" and you idiots forget what happened in 2020???
THE FACTS not guesses show exactly what happens when Obama/Biden stop signing federal leases and now the share of production on Federal land will continue to decrease ... meaning prices will increase at the pump!

 

[danielpalos]

The point is, the President can also call for increased use of electric vehicles to mitigate that twenty-five percent.

 

[surada]

So this idiot "NightFox" states The OPs entire “25% of oil and gas on Federal lands” premise is entirely fictitious."
but thanks to his idiocy here is further proof as to how a President has a direct effect on the price of gas.
A) The federal share of total U.S. crude oil production fell from its peak at nearly 36% in 2009 to less than
24% in 2017 at the same time overall production increased
https://crsreports.congress.gov/product/pdf/R/R42432
B) Why it feel from 2009 to 2016!!!
Dumb ass Obama (who's policies Biden is following).. had one year were more federal leases were signed ! 1 Year out of 8! Now you dummies are going to say "Yea but Trump signed nearly 1,000 less in 2020" and you idiots forget what happened in 2020???
THE FACTS not guesses show exactly what happens when Obama/Biden stop signing federal leases and now the share of production on Federal land will continue to decrease ... meaning prices will increase at the pump!
View attachment 503199

 

[Lesh]

About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.

Question... If 25% of a commodity is reduced and eventually eliminated, will that increase the costs to the consumers of that commodity?

If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

A freeze on NEW oil leases (currently blocked by court order) doesn't "remove" ANY oil whatsoever.

Nor is anyone suggesting that existing oil leases be ended.

Gas prices have increased because they were incredibly low due to the covid shut down, because demand is up.

Have SA and Russia increased production? They could. That would lower prices. Of course why would they do that....

Have we backed off on our refusal to buy Venezuelan oil? That would also lower prices.

 

[NightFox]

If 25% of oil and gas on Federal lands is eliminated from the supply will the cost go up to gasoline consumers?

Our gasoline costs are dependent on how much oil companies make available rather than how much is available to them. It isn't like they're already operating at anywhere near full capacity. Your linked article immediately presents a pretty simple explanation of how capitalism generally works......

In its January 2021 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA)
forecasts that annual U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d
from 2020 as result of a decline in drilling activity related to low oil prices.
​

Good points, you also have to factor in the fact that roughly 90% of domestic drilling occurs on private and State owned lands that wouldn’t be affected even if this pause went into effect, nor would current Federal leases affected.

The OPs entire “25% of oil and gas on Federal lands” premise is entirely fictitious.

Where is your proof that your statement ?

Biden’s Order to Freeze New Oil Drilling on Federal Land: What You Need to Know

With President Biden halting new federal drilling permits indefinitely while his administration reviews a permanent ban, the WSJ looks at what such a freeze means for America’s oil industry.

www.wsj.com

Not to mention the fact that the pause DOES NOT AFFECT CURRENT FEDERAL LEASES.

 

[kaz]

I wasn't talking about the cost of operating the windmill after it's built, I was talking about the carbon footprint of building it.

You didn't know it takes carbon to build a windmill? Seriously?

And I said "during the manufacturing process," moron. READ what you are responding to

You didn't think to READ the link where those figures came from, here you go:

"Of course the wind blows without carbon emissions, but catching it isn’t easy. Building and erecting wind turbines requires hundreds of tons of materials — steel, concrete, fiberglass, copper, and more exotic stuff like neodymium and dysprosium used in permanent magnets.

All of it has a carbon footprint. Making steel requires the combustion of metallurgical coal in blast furnaces. Mining metals and rare earths is energy intensive. And the manufacture of concrete emits lots of carbon dioxide.

In the case of wind and solar power, those emissions are nearly all front-loaded. That contrasts with fossil-fueled electric power plants, where emissions occur continuouisly as coal and natural gas are combusted."

But then again you hardly ever provide links to the numbers you throw out there.

Windmills generate tiny energy compared to natural gas and nuclear. It doesn't take one windmill to replace a power plant, it takes thousands of them. They can't do it, it's not feasible. You're just playing games on the fringes, not solving anything

Success is found in a can.

"There is no break even point."

Of course there is

Not with burning fossil fuels. You keep harping on windmills not being carbon neutral. Why is carbon neutral the requirement for windmills when comparing it to fossil fuels which can never be carbon neutral?

Pointing at the fact windmills have a carbon footprint is rather silly tbh considering that ignores the fact there is a massive difference in that carbon footprint over those ten years and the one that a power source using fossil fuels would produce in that time period.

Strawman. "You keep harping on windmills not being carbon neutral."

Fail. That was never my argument. Not sure if you're not reading, not following or thinking of another poster, but that is NOT my argument anywhere

Actually, much carbon is released during the manufacturing process. Even in the Netherlands, it takes 10 years for a carbon footprint from a windmill to get to zero. The Netherlands is the BEST place for wind energy.

The carbon footprint for electric car batteries rarely exceeds the life of the batteries.

The whole global warming business is a scam

Not your argument?

you keep talking about the carbon footprint of windmills. What are you harping on then? The carbon footprint of windmills is irrelevant as it is a tiny fraction of the carbon footprint of, you know, actually burning carbon.

So that windmills don't do what they are supposed to do (reduce carbon emissions) is irrelevant. Got it. Thanks for that insight.

If you read my posts, you'd know my argument is actually that if our goal is reducing emissions, we should be replacing coal plants with nuclear, natural gas and clean coal plants. But you go ahead and feel good while accomplishing nothing, that's what leftists are all about