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

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healthmyths

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

Saudi Arabia accounts for less than 10 % of our petroleum imports.
Didn't say it would cause a drop production on federal lands...immediately!

Oil exploration takes time, including getting the Feds to sign off on 10 year leases.

So the oil companies production levels out and the USA stops being energy independent.
Prices go up as the below illustration shows just in one year USA gas prices up by 45%!
Again... I NEVER said it was the ONLY reason gas prices have increased 45%.
But when 25% of the USA oil production comes from Federal lands... LOOKOUT as more knowledge experts than you and me
are telling us that!

Screen Shot 2021-06-17 at 10.48.24 AM.png

Case in point...
Bush signed an average of 368/month over 8 years...
Obama less than 176/month
Trump averaged 415/month...
Now Biden has a moratorium...meaning ZERO!

Fed_Oil_leases_signed_033021.png
 

kaz

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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.

You didn't know that oil from overseas is largely from despotic governments? You didn't know that they have to ship oil purchased ... overseas ... across the ... ocean ... Of course you didn't.

I mean shit, George, the site's Chinese disinformation officer. What do you know? How to get a job posting on websites when you flunk out of a Chinese high school because it's the one job they actually want idiots for?
 

surada

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

Saudi Arabia accounts for less than 10 % of our petroleum imports.
Didn't say it would cause a drop production on federal lands...immediately!

Oil exploration takes time, including getting the Feds to sign off on 10 year leases.

So the oil companies production levels out and the USA stops being energy independent.
Prices go up as the below illustration shows just in one year USA gas prices up by 45%!
Again... I NEVER said it was the ONLY reason gas prices have increased 45%.
But when 25% of the USA oil production comes from Federal lands... LOOKOUT as more knowledge experts than you and me
are telling us that!

View attachment 502417
Case in point...
Bush signed an average of 368/month over 8 years...
Obama less than 176/month
Trump averaged 415/month...
Now Biden has a moratorium...meaning ZERO!

View attachment 502412

The OPEC price basket is about $73 and change. That's decent and our domestic producers can make a profit.
 
OP
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healthmyths

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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).;)
OH I certainly agree in SA downward imports in 2020...again WHY? Federal leases increased under Trump.
25% of all oil produced on Federal lands. So definitely YES importing oil was reduced under Trump as was our expensive
military support in the middle east! You obviously are too young to remember the early 70s when this happened!
Screen Shot 2021-06-17 at 11.02.47 AM.png
 

kaz

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

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

You and the girls in the Democrat locker room are just poking each other away and giggling like crazy.

The point is that when they suspend new leases, that means the 25% is frozen and as Heath said will "eventually" be eliminated. I'm not like you, I actually read his OP.

And we both know Biden would never have approved the end of the "pause" in leases. Stop lying

It was the drilling permits that would have endangered production much sooner. But that ended months ago. It's was always doubtful that Joe would be able to abolish oil production on federal lands through his pause on lease sales.

So Joe's not responsible because he should have knows the courts would stop them. So you only support Joe TRYING to fund despotic governments and drill and drill and ship oil from overseas because you think that doesn't affect our environment.

A standard you applied to Trump ... never ...

Or in your native language, slap, slap, giggle, giggle.

You don't know anything about the oil business. You want to put domestic producers out of business?

What the fuck?

You seriously aren't reading posts you are responding to. I want DOMENSTIC production over imports and that is wanting to put domestic producers out of business????


READ POSTS YOU ARE RESONDING TO, STUPID FUCK
 

Dragonlady

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

FACT:
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link: U.S. oil and natural gas production to fall in 2021, then rise in 2022 - Today in Energy - U.S. Energy Information Administration (EIA)

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

PROOF!!!

As gas prices soar, Americans can blame Joe Biden​

Biden's attack on U.S. energy producers, starting with his freeze on federal oil and gas leases, will assuredly take a toll on output down the road and cause prices at the pump to rise.
But today, Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices.
Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets alread

What a bunch of hooey. Freezing oil and gas leases is on public lands has no effect on production whatsoever. They did the same thing under the Obama administration in production went up.

They’re not giving out new leases because there’s nothing left to lease. Any lands had any possibility of production have already been tapped.

Your article seems to be claiming that Biden intends to shut down the existing production on federal lands and there’s no indication that he does. The question of what happens if the 25% of oil and gas that is produced on federal lands is shut down is moot.

Joe Biden is one of the people who is responsible for the United States of America reach achieving energy independence. It is ridiculous for the right wing media to now clean that Joe is out to destroy that energy independence.

Hi George, the site's Chinese disinformation officer.

Just so you know, wells don't last forever. So yes, freezing leases may take time to cut production, but since reserve aren't infinite, yes, they will reduce and eventually end production.

You really are qualified to spread Chinese disinformation, you know nothing about everything!

Every time you get your ass handed to you on a plate, you come up with the Chinese bullshit line. One would think since it’s been an absolute failure since you started calling me Mrs. Mao, that you would’ve given up on it by now but you’re not that smart.

Since the USA is reducing its dependence on oil and moving to green energy why would you need to drill new wells? Demand is decreasing.

Trump just spent billions trying to bring back coal, only to have coal mines continue to go bankrupt and close.

Evolve or die. These are your options. Take a good look what is happening out west this week. You’ve ignored climate change for the past 40 years and people are dying. It’s all fun and games until hundreds of people start losing their lives.

So keep promoting carbon fuels, low gas prices and continue along the path of idiocy that you’ve been on under successive Republican administrations. Maybe when enough people stop dying you people smarten your ass is up.
 

Claudette

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.
 
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kaz

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

FACT:
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link: U.S. oil and natural gas production to fall in 2021, then rise in 2022 - Today in Energy - U.S. Energy Information Administration (EIA)

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

PROOF!!!

As gas prices soar, Americans can blame Joe Biden​

Biden's attack on U.S. energy producers, starting with his freeze on federal oil and gas leases, will assuredly take a toll on output down the road and cause prices at the pump to rise.
But today, Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices.
Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets alread

What a bunch of hooey. Freezing oil and gas leases is on public lands has no effect on production whatsoever. They did the same thing under the Obama administration in production went up.

They’re not giving out new leases because there’s nothing left to lease. Any lands had any possibility of production have already been tapped.

Your article seems to be claiming that Biden intends to shut down the existing production on federal lands and there’s no indication that he does. The question of what happens if the 25% of oil and gas that is produced on federal lands is shut down is moot.

Joe Biden is one of the people who is responsible for the United States of America reach achieving energy independence. It is ridiculous for the right wing media to now clean that Joe is out to destroy that energy independence.

Hi George, the site's Chinese disinformation officer.

Just so you know, wells don't last forever. So yes, freezing leases may take time to cut production, but since reserve aren't infinite, yes, they will reduce and eventually end production.

You really are qualified to spread Chinese disinformation, you know nothing about everything!

Every time you get your ass handed to you on a plate, you come up with the Chinese bullshit line. One would think since it’s been an absolute failure since you started calling me Mrs. Mao, that you would’ve given up on it by now but you’re not that smart.

Since the USA is reducing its dependence on oil and moving to green energy why would you need to drill new wells? Demand is decreasing.

Trump just spent billions trying to bring back coal, only to have coal mines continue to go bankrupt and close.

Evolve or die. These are your options. Take a good look what is happening out west this week. You’ve ignored climate change for the past 40 years and people are dying. It’s all fun and games until hundreds of people start losing their lives.

So keep promoting carbon fuels, low gas prices and continue along the path of idiocy that you’ve been on under successive Republican administrations. Maybe when enough people stop dying you people smarten your ass is up.

You think repeating your disinformation is handing my ass to me, George the site's Chinese disinformation officer? You are quite the hoot. When you got a job, your parents were shocked and happy as hell, weren't they? Be honest
 

kaz

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

surada is clearly not even reading posts he's responding to
 

surada

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

During the pandemic there was NO demand to oil.. so there was a glut of oil on the market and prices went down. $73 a barrel is a good price.. US domestic producers can survive on that.

The oil shortage in the 1970s was a result of the Yom Kippur war.
 

surada

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

surada is clearly not even reading posts he's responding to

I'm not a he.. US oil costs more to produce so when the ppb goes below $65 or $70 US production contracts.
 

kaz

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

During the pandemic there was NO demand to oil.. so there was a glut of oil on the market and prices went down. $73 a barrel is a good price.. US domestic producers can survive on that.

The oil shortage in the 1970s was a result of the Yom Kippur war.

That's why Biden's policies were so stupid to cause oil prices to spike so dramatically
 

surada

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

During the pandemic there was NO demand to oil.. so there was a glut of oil on the market and prices went down. $73 a barrel is a good price.. US domestic producers can survive on that.

The oil shortage in the 1970s was a result of the Yom Kippur war.

That's why Biden's policies were so stupid to cause oil prices to spike so dramatically

LOLOL.. The ppb had to go back up to stay in business.. Even proper reserve mgmt costs money. You want cheap gas even if US production goes DOWN because of the low ppb?
 

BlindBoo

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

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

You and the girls in the Democrat locker room are just poking each other away and giggling like crazy.

The point is that when they suspend new leases, that means the 25% is frozen and as Heath said will "eventually" be eliminated. I'm not like you, I actually read his OP.

And we both know Biden would never have approved the end of the "pause" in leases. Stop lying

It was the drilling permits that would have endangered production much sooner. But that ended months ago. It's was always doubtful that Joe would be able to abolish oil production on federal lands through his pause on lease sales.

So Joe's not responsible because he should have knows the courts would stop them. So you only support Joe TRYING to fund despotic governments and drill and drill and ship oil from overseas because you think that doesn't affect our environment.

A standard you applied to Trump ... never ...

Or in your native language, slap, slap, giggle, giggle.

Joe is responsible for both pauses and neither one cause a big spike in prices at the pump. Speaking of Trumpybear, he proudly protected the oil in Syria after stabbing our allies against ISIS in the back.
 

Claudette

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

During the pandemic there was NO demand to oil.. so there was a glut of oil on the market and prices went down. $73 a barrel is a good price.. US domestic producers can survive on that.

The oil shortage in the 1970s was a result of the Yom Kippur war.

No the oil shortage that wasn't was the result of the Arab States supplying oil wanting the price of oil to go up so they could make more money. That's just what happened.

As for the pandemic. I went to work every day as did millions of others. The higher gas prices are because speculators can see the writing on the wall with the crap Biden wants to do.
 

kaz

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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 develop 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

You want cheap gasoline at any price? Then nationalize the US oil industry. We have the highest lift costs in the world. Our domestic producers have to make a profit or go out of business.
We had cheap gas when Trump was POTUS. Hell it was 1.50 or less. Now, under your boy Biden its 2.85 or higher. With his try at ending drilling for oil on Fed land and his wanting to end fracking he hasn't done America any favors.

Hell when I was a kid gas was 19 cents a gallon. The supposed oil shortage in the 70's ended that.

surada is clearly not even reading posts he's responding to

I'm not a he.. US oil costs more to produce so when the ppb goes below $65 or $70 US production contracts.

Gotcha, so now Joe was just helping oil companies because they were too stupid to know to stop producing oil. Your shit gets dumber and dumber.

And there isn't one number for what oil has to cost to be profitable. But on average the number is more like $40, not nearly as high as the numbers you made up.

And also oil production takes lead time of years, you don't turn it on overnight.

You really made no point justifying Biden's actions other than you worship him like a God and actually believe he was fixing that our oil companies are too stupid to run their own business
 

kaz

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

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

You and the girls in the Democrat locker room are just poking each other away and giggling like crazy.

The point is that when they suspend new leases, that means the 25% is frozen and as Heath said will "eventually" be eliminated. I'm not like you, I actually read his OP.

And we both know Biden would never have approved the end of the "pause" in leases. Stop lying

It was the drilling permits that would have endangered production much sooner. But that ended months ago. It's was always doubtful that Joe would be able to abolish oil production on federal lands through his pause on lease sales.

So Joe's not responsible because he should have knows the courts would stop them. So you only support Joe TRYING to fund despotic governments and drill and drill and ship oil from overseas because you think that doesn't affect our environment.

A standard you applied to Trump ... never ...

Or in your native language, slap, slap, giggle, giggle.

Joe is responsible for both pauses and neither one cause a big spike in prices at the pump. Speaking of Trumpybear, he proudly protected the oil in Syria after stabbing our allies against ISIS in the back.

You and the girls in the Democrat locker room are just poking and giggling away, you're just ranting. You hate Trump to the point of total irrationality. I got it
 

BlindBoo

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

Saudi Arabia accounts for less than 10 % of our petroleum imports.
Didn't say it would cause a drop production on federal lands...immediately!

Oil exploration takes time, including getting the Feds to sign off on 10 year leases.

So the oil companies production levels out and the USA stops being energy independent.
Prices go up as the below illustration shows just in one year USA gas prices up by 45%!
Again... I NEVER said it was the ONLY reason gas prices have increased 45%.
But when 25% of the USA oil production comes from Federal lands... LOOKOUT as more knowledge experts than you and me
are telling us that!

View attachment 502417
Case in point...
Bush signed an average of 368/month over 8 years...
Obama less than 176/month
Trump averaged 415/month...
Now Biden has a moratorium...meaning ZERO!

View attachment 502412
It's disingenuous to compare the price during last years pandemic, a better measure is 2 years ago when the economy was still humming.

A pause for Review is not a permanent ban and as we've seen in the last few days he is constrained in what he can do, like all presidents.
 

BlindBoo

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

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

You and the girls in the Democrat locker room are just poking each other away and giggling like crazy.

The point is that when they suspend new leases, that means the 25% is frozen and as Heath said will "eventually" be eliminated. I'm not like you, I actually read his OP.

And we both know Biden would never have approved the end of the "pause" in leases. Stop lying

It was the drilling permits that would have endangered production much sooner. But that ended months ago. It's was always doubtful that Joe would be able to abolish oil production on federal lands through his pause on lease sales.

So Joe's not responsible because he should have knows the courts would stop them. So you only support Joe TRYING to fund despotic governments and drill and drill and ship oil from overseas because you think that doesn't affect our environment.

A standard you applied to Trump ... never ...

Or in your native language, slap, slap, giggle, giggle.

Joe is responsible for both pauses and neither one cause a big spike in prices at the pump. Speaking of Trumpybear, he proudly protected the oil in Syria after stabbing our allies against ISIS in the back.

You and the girls in the Democrat locker room are just poking and giggling away, you're just ranting. You hate Trump to the point of total irrationality. I got it
You brought up the old Trumpyberra.

You still lack credibility.
 

CrusaderFrank

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

FACT:
About a quarter (25%) of U.S. oil and an eighth of the nation's natural gas is produced on federal lands.
Supporting link: U.S. oil and natural gas production to fall in 2021, then rise in 2022 - Today in Energy - U.S. Energy Information Administration (EIA)

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

PROOF!!!

As gas prices soar, Americans can blame Joe Biden​

Biden's attack on U.S. energy producers, starting with his freeze on federal oil and gas leases, will assuredly take a toll on output down the road and cause prices at the pump to rise.
But today, Biden has pushed those prices, which were already rising because of severe weather, even higher by gratuitously alienating Saudi Arabia. The Gulf kingdom just surprised energy markets by announcing it would not raise oil output, despite developing supply constraints and rising prices.
Oil prices jumped on the news, popping 4 percent to pre-pandemic levels for the first time in a year; the surge rattled markets alread
Doesn't mean much with the left's push toward electric vehicles. Demand could be decreased by twenty-five percent as well.

Because electricity is produced -- by magic!!
 

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