What a racist retarded coward you are liar. You have no facts. Just your raging TDS and crying because you got slapped again. Xiden’s policies were the direct cause asshole. Period. End of argument. Now go drink more Xiden piss.
No facts, eh, willfully blind monkey? You've done gone and stuck your head another three feet up your ass.
And yet Biden produced 31 percent more oil in his first year compared to Trump's 21 percent.
If you want to do the name calling, you are the 'tard' to believe such bullshit.
And yet Biden approved more public land leases than Trump.
Biden Claims His Climate Agenda Isn't Hurting Domestic Oil Production. Here Are the Facts.
Biden Claims His Climate Agenda Isn't Hurting Domestic Oil Production. Here Are the Facts.
During remarks at the White House Tuesday, President Joe Biden claimed his domestic climate agenda itownhall.com
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Commentary:
Do people believe this Bull Crap? Biden’s statements are “talking points” for the brain-dead population to pass on to social media and the MSM to regurgitate in the evening news.
Notice too that Democrat voters continue to come up ridiculous excuses as to why Progressive Maoist/DSA democrat politicians do such stupid and harmful things to American citizens.
They just can't bring themselves to vote for a republican even though doing so would make far more sense.
I don't think the presidency is a place for someone who is "just learning" basic economics. If a junior economist at his first job just out of college displayed ignorance like this, it would be fair to say, "Hey, give the kid a break. He's just learning."
But the presidency is not the place for someone with this much ignorance. Joey Xi Bai Dung should have learned this stuff in junior positions long before he became president. I want a president with some experience, knowledge, and skill.
Joey Xi shows none of these attributes. Every move he's made since January 2021 show's he's either completely incompetent or diabolically making decisions to destroy America.
Apparently you do. I personally didn’t find any of the fox arguments very compelling.
And I addressed that earlier, and you ignored it.
That "last leg" consisted of 92% of the friggin pipeline you idiot
tinyurl.com
environment.guardian.co.uk
tinyurl.com
members.aol.com
As I said earlier in this topic, a president has very little influence over global oil prices. When I was thanking Biden for the price of oil, I was being satirical. When prices are low, Biden gets no credit. When prices are high, Biden gets blamed. I was rubbing the hypocrisy of that in your faces.
Below is what I have found. You can do the math
Globally, crude's reserves-to-production ratio has hovered between 40-55 years. The 1P estimate is an estimate of proven reserves, what is likely to be extracted from a well, 90% probability. Probable reserves are given 50% certainty (2P) and possible reserves a 10% certainty (3P).
How Much Oil Does the World Have Left?
The short answer to the question posed is....a lot. Or at least way more than many groups and people out there want you to believe. Today, the world is swimming in oil, and prices have been sliced in half over the past year. “Peak oil” theory for production is predicated [...]
Overall, global supply fell by 720,000 barrels per day in August, .2017
our forecast horizon we will be in a 104 mb/d market and the call on OPEC crude and stock change rises from 32.2 mb/d in 2016 to 35.8 mb/d in 2022. With the group forecast to add 1.95 mb/d to production capacity in this period, this implies that available spare production capacity will fall below 2 mb/d.
Oil is a resource… it will run out
For decades now, the topic of when our oil will run out has been the focus of analysts and industry experts. The concern is real. Oil is a resource and will eventually be depleted. Once we discover and process all sources, there’s nothing else. It’s only a question of time.
Oil still remains the largest source of primary energy worldwide. According to the U.S. Energy Information Administration, the global supply of oil, bio-fuel and liquid hydrocarbons are still enough to meet the global demand for liquid fuels for another 25 years. The good news is that developing countries are now seriously exploring and using alternative and renewable energy.
Here’s the latest report on Oil Consumption and Demand.
1. The world oil consumption per day is 91.7 million barrels as of May 2014.
2. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day.
3. China uses 10% of the world’s oil. It is expected to overtake the U.S. as the largest oil consumer.
4. The global oil demand is expected to increase by 1.3 million barrels a day by late 2014.
North Sea is running too dry to meet targetThe World Counts
www.theworldcounts.com
The real casus belli: peak oilNorth Sea is running too dry to meet target
· Oil and gas production will slip further, report says · Rising costs and tax increases squeeze output
Science Panel Finds Fault With Estimates of Coal SupplyDavid Strahan: The real casus belli: peak oil
David Strahan: In a world of looming fuel shortage, Britain and the US formalised their energy fears with a war.
Published: June 21, 2007 Science Panel Finds Fault With Estimates of Coal Supply (Published 2007)
Chevron announces that they now have 11.8 years of oil left at current production levels after aquir-ing Unocal reserves
Foiled Bid Stirs Worry for U.S. Oil (Published 2005)
Oil companies face whether they might suffer political retribution in their dealings with foreign governments in wake of political lobbying in Washington that scuttled China's Cnooc from acquiring Unocal; fate of Unocal is finally settled when majority of company's shareholders approve takeover...tinyurl.com
An Oil Enigma: Production Falls Even as Reserves Rise
"The decline of oil and gas will affect the world population more than climate change"An Oil Enigma: Production Falls Even as Reserves Rise (Published 2004)
Chevron Texaco says its proven oil and natural gas reserves have risen 14 percent, over one billion barrels, in last six years, but its annual output during that time has fallen by almost 15 percent; Chevron Texaco is not only big oil company whose production is falling despite rising reserves...www.nytimes.com
Department of Energy estimated the world's supply of unexploited oil reserves the world supply of oil will be totally exhausted 35 years from now (June 2003).
World oil and gas 'running out'News, Politics, Sports, Mail & Latest Headlines
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
The Oil Crunch
The question, instead, is when the trend in oil prices will turn decisively upward. That upward turn is inevitable as a growing world economy confronts a resource in limited supply. But when will it hap-pen? Maybe it already has.
"Texas' oil resource is pretty well picked over,"Opinion | The Oil Crunch (Published 2004)
Paul Krugman Op-Ed column says oil is getting more expensive not only because of war in Iraq but also because of intensifying competition for limited world oil supply, with biggest increases in demand coming from booming developing countries like China; says no major oil fields have been found...
Oman's Oil Yield Long in Decline, Shell Data Show
Half of Texas’s oil wells have dried up in the past 40 years and there are very few new ones.OMAN'S OIL YIELD LONG IN DECLINE, SHELL DATA SHOW (Published 2004)
Royal Dutch/Shell Group's oil production in Oman has been declining for years, belying company's optimistic reports and raising doubts about whether new technology can extend life of huge but mature oil fields in Middle East; internal Shell documents suggest that figure for proven oil reserves...
Tight Oil Supply Won't Ease Soon
Two dollars for a gallon of gas? Get used to it. High fuel prices are here to stay, at least for the near future, because no relief is in sight for tight oil supplies.
The end of the Fossil Fuel era is upon us so what are we going to do next-?TIGHT OIL SUPPLY WON'T EASE SOON (Published 2004)
Gas prices are likely to remain high because no relief is in sight for tight oil supplies; most countries and major companies are producing all they can, smaller companies and wildcatters do not have enough wells to re-open and Saudi Arabia's extra oil is too heavy in sulfur for main consuming...
post#?And I addressed that earlier, and you ignored it.
What triggers me is an idiot who thinks he's a genius.
I think they want the Government to interfere in the market... Will the no ***** and wine that the Government is too intrusive then?
www.reuters.com
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www.reuters.com
Why does Trump hate America?I think they want the Government to interfere in the market... Will the no ***** and wine that the Government is too intrusive then?
Can they stick to the one story....
This is market forces at work... There is a deliberate control on supply even before this war... The Right here are trying to blame the Democrats for capitalistic market forces not reducing the price of oil. There has been only one President recently who asked for supply to be cut.
Special Report: Trump told Saudi: Cut oil supply or lose U.S. military support - sources
By Timothy Gardner, Steve Holland, Dmitry Zhdannikov and Rania El Gamal
He actually threatened them... Guess what that has blow back...
Again he wanted more production reduced 6 moths later
Oil Nations, Prodded by Trump, Reach Deal to Slash Production (Published 2020)
The deal will reduce output by 9.7 million barrels a day. While significant, the cut falls far short of what is needed to bring oil production in line with demand.www.nytimes.com
Seriously. I've been holding out on the mile high club waiting for those things.
The oil companies can make even more while the price is high by slow walking new production and not incurring those costs.
You only have to be right once
A jet pack, rocket belt, or rocket pack is a device worn on the back which uses jets of gas or liquid to propel the wearer through the air. The concept has been present in science fiction for almost a century and became widespread in the 1960s. Real jet packs have been developed using a variety of mechanisms,
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