Lets examine a graph of oil price per barrel over the past 12 months

[g5000]

The Dems already branded the spike as “PUTINS PRICE SPIKE”.


NOT THE “BIDEN PRICE SPIKE”.


Also, Biden is comparing his 1st year to Trump’s first year…saying he pumped the same amount as Trump pumped his first year!

We need to compare 2019 to 2021. Those are the fair comparisons….not 2017 to 2021.

U.S. Energy Information Administration (EIA) - Qb



You can see in that link that during Trump's term, US monthly oil production peaked in December 2019 at 400,219,000 barrels.

That was just before the Covid pandemic.

The decline in production continued for over a year. It dropped for the rest of Trump's term and into the first month of Biden's term where it bottomed out at 273,646,000 barrels in February 2021.

Upon taking office, Biden increased leases for drilling to the highest level since Dubya. Higher than Obama or Trump.

Since then, US monthly oil production has increased to 358,588,000 barrels for last December, which is the latest figure available.

That is a 31 percent increase in production from the low. It is also higher than at the same point in Trump's presidency. At this point in Trump's presidency, oil production was 324,296,000 barrels.

So take off those blinders, willfully blind monkeys.

 

[Meister]

You people whine more than a flock of pink pussies. You had better get on with claiming that Biden controls the production of oil and natural gas.

Through his regulations, EO's, and suspensions of drilling lease sales does have that kind of effect on oil and natural gas production.
don't be a buffoon. And if you're going to say they have thousands of capped reserves to work with, that is a lie. The feds have put
stiff stipulations on those.

 

[Moonglow]

Through his regulations, EO's, and suspensions of drilling lease sales does have that kind of effect on oil and natural gas production.
don't be a buffoon. And if your going you're say they have thousands of capped reserves to work with, that is a lie. The feds have put
stiff stipulations on those.

WASHINGTON— New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration's first-year total of 2,658.Jan 21, 2022

Biden's First Year Drilling Permitting Stomps Trump's By 34%​

 

[ColonelAngus]

Mayor Peter Puffer even ADMITTED that additional drilling and fracking and pipelines would lower prices, but he said we shouldnt do a permanent solution to a temporary problem.


Turn around time to get a drilling permit approved in Texas is 2 days……FROM THE FED, 140 days.

NO, THAT DOESNT IMPACT PRODUCTION!

You communists are idiot sheep.

 

[Death-Ninja]

You people whine more than a flock of pink pussies. You had better get on with claiming that Biden controls the production of oil and natural gas.

Its obvious, above quoted cretin, does not own or operate a motor vehicle, own/heat a home, or likely even pays rent. Indeed its probable above quoted cretin, has absolutely no personal responsibilities to speak of.

This is made manifest by its consistent derogatory commentary regarding daily issues, which any reasonable adult, paying their own, or their families way, would immediately identify with, not descend into mockery of, or as whining!

 

[Meister]

U.S. Energy Information Administration (EIA) - Qb



You can see in that link that during Trump's term, US monthly oil production peaked in December 2019 at 400,219,000 barrels.

That was just before the Covid pandemic.

The decline in production continued for over a year. It dropped for the rest of Trump's term and into the first month of Biden's term where it bottomed out at 273,646,000 barrels in February 2021.

Upon takin office, Biden increased leases for drilling to the highest level since Dubya. Higher than Obama or Trump.

Since then, US monthly oil production has increased to 358,588,000 barrels for last December, which is the latest figure available.

That is a 31 percent increase in production from the low. It is also higher than at the same point in Trump's presidency. At this point in Trump's presidency, oil production was 324,296,000 barrels.

So take off those blinders, willfully blind monkeys.

And yet, here Brandon is begging other countries to increase their production for us. Something smells like
rotting fish, and it's coming from the Brandon administration.

 

[Stormy Daniels]

The increase in oil prices IS NOT BECAUSE OF THE UKRAINE WAR. IT IS BECAUSE OF BIDENS EOS AND DEM POLICIES.

The United States is the world's largest oil producer, and we are producing more oil than we did when tiny was in office. So how is it Biden's fault?

 

[Moonglow]

And yet, here Brandon is begging other countries to increase their production for us. Something smells like
rotting fish, and it's coming from the Brandon administration.

You don't like the pandering that presidents do you? I say tough doo-doo since that is their job. This is a worldwide problem it is not just in the USA and I bet you are still going to blame Biden for gasoline prices in Bangkok.

 

[Moonglow]

The United States is the world's largest oil producer, and we are producing more oil than we did when tiny was in office. So how is it Biden's fault?

The echo chamber gave them their walking orders to spread false gossip.

 

[BULLDOG]

View attachment 613061
The increase in oil prices IS NOT BECAUSE OF THE UKRAINE WAR. IT IS BECAUSE OF BIDENS EOS AND DEM POLICIES.

Did the Ukraine war start 14 months ago?

Stop lying….and stop believing these lies.

Now put a chart showing demand beside that.

 

[Meister]

WASHINGTON— New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration's first-year total of 2,658.Jan 21, 2022

Biden's First Year Drilling Permitting Stomps Trump's By 34%​

Biden pauses new oil and gas leases amid legal battle over cost of climate change

The leasing pause comes after a Louisiana federal judge blocked officials from using higher cost estimates of climate change.

www.cnbc.com

The Biden administration is delaying decisions on new oil and gas leases and permits after a Louisiana federal judge blocked officials from using higher cost estimates of climate change when making rules for polluting industries.

 

[Meister]

WASHINGTON— New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration's first-year total of 2,658.Jan 21, 2022

Biden's First Year Drilling Permitting Stomps Trump's By 34%​

So Biden does have control of oil and natural gas production, Moonie?

 

[Meister]

The United States is the world's largest oil producer, and we are producing more oil than we did when tiny was in office. So how is it Biden's fault?

No we are not

 

[BluesLegend]

We won't let them forget. Joe Biden promised to "end fossil fuels".

Dems and Obama caved after gas prices spiked and the American people got angry. Now we are seeing it again, Dems wreck the oil industry and now that the American people are angry so gutless Dems are running for the exits on their green new deal BS.

 

[BluesLegend]

Dems are in FULL DISHONEST SPIN mode trying to deflect blame for sky high gas prices.

 

[Muhammed]

Oil prices actually went NEGATIVE during the pandemic because of extremely low demand.

And of course when oil prices were very low the USA could have bought it for practically nothing. However, we had no place to store it because Democrats blocked expansion of the Strategic Oil Reserve.

 

[Meister]

You don't like the pandering that presidents do you? I say tough doo-doo since that is their job. This is a worldwide problem it is not just in the USA and I bet you are still going to blame Biden for gasoline prices in Bangkok.

WTF? Who said anything about Bangkok? idiot
When we had energy independence, we didn't have to run to our enemies and get on our knees.
When there was ME turmoil during the Trump administration, it was our energy production
that kept prices stable.

Now go bare your ass in front of your democrat masters.

 

[Doc7505]

 

[Lesh]

Can the OP read a fucking chart?

That spike began in the beginning of MARCH

Right when Putin started moving on Ukraine

 

[g5000]

U.S. Energy Information Administration (EIA) - Qb

From February 2017 to December 2017, oil production increased 21 percent under Trump.

From February 2021 to December 2021, oil production increased 31 percent under Biden.

How about that!