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If like gasoline, diesel and natural gas prices now, you'll really love them if the Inflation Reduction Act passes.

OKTexas

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The costs of oil and natural gas products will skyrocket if this monstrosity passes. There are new fees and taxes at every level of domestic production.

Conclusion

The bill’s oil and gas provisions will have companies questioning whether they want to invest in these fuels since President Biden wants to end these fuels in the United States. He even blames fossil fuels for giving him cancer. The bill’s provisions regarding tax policy, regulatory policy, and access to federal lands goes a long way toward having the President’s goal met in the not-too-distant future. It is unlikely that companies will invest in these fuels if the leader of the country is proud to put this bill forward, which will only make gasoline prices higher at the pump and natural gas prices higher for heating homes, for electricity production, and for industrial uses. Inflation will continue to be a scourge for Americans as energy prices necessarily skyrocket.


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Damaged Eagle

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Convert your internal combustion engine to run on moonshine and build a still so you can screw them all.

*****CHUCKLE*****


:)
 

Concerned American

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View attachment 677833

Convert your internal combustion engine to run on moonshine and build a still so you can screw them all.

*****CHUCKLE*****


:)
Convert them to burn wood. Wood gasification units have been in use since the 40s and people are using them again. Whats that going to do for the carbon footprint and natural renewable resources when everyone with an ICE starts burning wood for transportation. LOL
 

The Duke

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The costs of oil and natural gas products will skyrocket if this monstrosity passes. There are new fees and taxes at every level of domestic production.

Conclusion

The bill’s oil and gas provisions will have companies questioning whether they want to invest in these fuels since President Biden wants to end these fuels in the United States. He even blames fossil fuels for giving him cancer. The bill’s provisions regarding tax policy, regulatory policy, and access to federal lands goes a long way toward having the President’s goal met in the not-too-distant future. It is unlikely that companies will invest in these fuels if the leader of the country is proud to put this bill forward, which will only make gasoline prices higher at the pump and natural gas prices higher for heating homes, for electricity production, and for industrial uses. Inflation will continue to be a scourge for Americans as energy prices necessarily skyrocket.


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He has cancer? Fucking awesome! That will stop him from molesting children.
Maybe not better than the good old boys hanging him in the woods, but good enough.
 

FA_Q2

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OKTexas

OKTexas

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He has cancer? Fucking awesome! That will stop him from molesting children.
Maybe not better than the good old boys hanging him in the woods, but good enough


He was treated for skin cancer, he's just not smart enough to know that comes from the sun. But please stay on topic, which is the increasing costs of domestic oil and gas production included in the bill.

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TroglocratsRdumb

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Incorrect.

That particular movement is international. There are chapters here as well:
the point is that these climate change cultists are brainwashed crackpot fanatics
if they get too much power people are going to suffer
they will cause poverty and famine
 
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Muhammed

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BULLDOG

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The combined profits of the world's biggest energy producers is close to 100 billion dollars for the first quarter of this year. It's obscene for them to be making that much profit in time of a shortage.
 
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OKTexas

OKTexas

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The combined profits of the world's biggest energy producers is close to 100 billion dollars for the first quarter of this year. It's obscene for them to be making that much profit in time of a shortage.


These taxes will apply to current production and will discourage future exploration. That means lower supply and higher prices for the consumer. And over time it could mean shortages and gas lines ala the Carter years. xiden is doing his best to kill the US economy, and I can't believe the commiecrats are buying into it.

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BULLDOG

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These taxes will apply to current production and will discourage future exploration. That means lower supply and higher prices for the consumer. And over time it could mean shortages and gas lines ala the Carter years. xiden is doing his best to kill the US economy, and I can't believe the commiecrats are buying into it.

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Only if the oil companies are allowed to keep making obscene profits. 100 billion profit in one quarter is inexcusable.
 

Cellblock2429

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The costs of oil and natural gas products will skyrocket if this monstrosity passes. There are new fees and taxes at every level of domestic production.

Conclusion

The bill’s oil and gas provisions will have companies questioning whether they want to invest in these fuels since President Biden wants to end these fuels in the United States. He even blames fossil fuels for giving him cancer. The bill’s provisions regarding tax policy, regulatory policy, and access to federal lands goes a long way toward having the President’s goal met in the not-too-distant future. It is unlikely that companies will invest in these fuels if the leader of the country is proud to put this bill forward, which will only make gasoline prices higher at the pump and natural gas prices higher for heating homes, for electricity production, and for industrial uses. Inflation will continue to be a scourge for Americans as energy prices necessarily skyrocket.


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/------/ Well said. Thanks
1659617446472.png
 

SavannahMann

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The costs of oil and natural gas products will skyrocket if this monstrosity passes. There are new fees and taxes at every level of domestic production.

Conclusion

The bill’s oil and gas provisions will have companies questioning whether they want to invest in these fuels since President Biden wants to end these fuels in the United States. He even blames fossil fuels for giving him cancer. The bill’s provisions regarding tax policy, regulatory policy, and access to federal lands goes a long way toward having the President’s goal met in the not-too-distant future. It is unlikely that companies will invest in these fuels if the leader of the country is proud to put this bill forward, which will only make gasoline prices higher at the pump and natural gas prices higher for heating homes, for electricity production, and for industrial uses. Inflation will continue to be a scourge for Americans as energy prices necessarily skyrocket.


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So my oil company stocks will be paying higher dividends? Awesome!
 

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