Oil companies right now have 9,000 leases they can drill on. Why are they not drilling?

There it is again folksā€¦a Lefist telling us that America canā€™t operate without parasites from Mexico.

ā€œWe swear, we donā€™t want more illegals and ā€˜open bordersā€™, we just donā€™t want a wall to divide us from Mexico, we want anyone who says the word "asylum" to be set free among the American public, we want to provide illegals with safe havens, we want to give illegals the right to drive, we want to provide them with free education and healthcare, we want to abolish iCE, we want a pathway to citizenship for the 20-40 million illegals here now, we want the 1.7 million DACA ā€˜kidsā€™ gifted a form of citizenship and we want all Mexicans to be able to become citizens without all the red tape....but, but, but....we swear, we donā€™t want open borders."

Business is telling us we have to have the workers and since both parties are beholding to business it's the way it will remain.

As a side story. Desantis is one of the loudest voices here. Here is the realities.

My son moved to Florida. He tells me he goes to a check cashing place to get his first check cashed. I tell him people are also sending money back to Mexico and he laughs while noting there is a big sign out that they send money to Mexico.

Florida pretended to pass an e-verify program but what did it consist of? A business has to get the potential employee to sign a form stating they are here legally.

Desantis is not going to do anything as the economy of Florida would collapse if he actually did.
 
Business is telling us we have to have the workers and since both parties are beholding to business it's the way it will remain.

As a side story. Desantis is one of the loudest voices here. Here is the realities.

My son moved to Florida. He tells me he goes to a check cashing place to get his first check cashed. I tell him people are also sending money back to Mexico and he laughs while noting there is a big sign out that they send money to Mexico.

Florida pretended to pass an e-verify program but what did it consist of? A business has to get the potential employee to sign a form stating they are here legally.

Desantis is not going to do anything as the economy of Florida would collapse if he actually did.
Those hotel rooms arenā€™t going to clean themselves.
 
Biden and the left's continual drumbeat to destroy the fossil fuel industry is at play here.
If I'm a CEO of an oil company, I'm going to look to maximize profits as much as possible in the remaining years I have left.
Look around the world, the left everywhere wants to end the use of fossil fuels, in their minds wind and solar is the only thing we should be using.
Sick of these skyrocketing prices? Kick a Dim!
 
Business is telling us we have to have the workers and since both parties are beholding to business it's the way it will remain.
Cool theory but ā€œBusinessā€ doesnā€™t write immigration policy, business doesnā€™t form public opinion.
My son moved to Florida. He tells me he goes to a check cashing place to get his first check cashed. I tell him people are also sending money back to Mexico and he laughs while noting there is a big sign out that they send money to Mexico.
Cool story
Florida pretended to pass an e-verify program but what did it consist of? A business has to get the potential employee to sign a form stating they are here legally.
Cool personal theoryā€¦.it will remain your personal theory until you post Floridaā€™s E-verify guidelines and how the law actually functions.
Desantis is not going to do anything as the economy of Florida would collapse if he actually did.
Cool personal theoryā€¦.should we go on ā€˜ā€™because you said soā€™?
Share the details, how exactly do you arrive at that?
 

Seems they want to slow supply with demand going up that mean Cha ching. More record prices.

So why sit on these leases and not drill.

Oh yeah they have billions of reason not to.
They aren't even drilling in some already present leases. My family owns several in Texas and have not received any money in over 6 months....they aren't pumping at our wells.
 
Cool theory but ā€œBusinessā€ doesnā€™t write immigration policy, business doesnā€™t form public opinion.

Cool story

Cool personal theoryā€¦.it will remain your personal theory until you post Floridaā€™s E-verify guidelines and how the law actually functions.

Cool personal theoryā€¦.should we go on ā€˜ā€™because you said soā€™?
Share the details, how exactly do you arrive at that?

Truthfully I know nothing I say will influence you.

 
Biden is 100 percent right

Look what our reliance on fossil fuels is buying us
Biden is a moron, and so are you for buying into his lies.


ist of products made from Petroleum (6000 items). One 42-gallon barrel of oil creates 19.4 gallons of gasoline. The rest (over half) is used to make things like: Although the major use of petroleum is as a fuel, (gasoline, jet fuel, heating oil), and petroleum and natural gas are often used to generate electricity, there are many other uses.

Here are some of the ways petroleum is used in our every day lives. All plastic is made from petroleum and plastic is used almost everywhere: in cars, houses, toys, computers and clothing. Asphalt used in road construction is a petroleum product as is the synthetic rubber in the tires. Paraffin wax comes from petroleum, as do fertilizer, pesticides, herbicides, detergents, phonograph records, photographic film, furniture, packaging materials, surfboards, paints, and artificial fibers used in clothing, upholstery, and carpet backing. Solvents Diesel Motor Oil Bearing Grease Ink Floor Wax Ballpoint Pens Football Cleats Upholstery Sweaters Boats Insecticides Bicycle Tires Sports Car Bodies Nail Polish Fishing lures Dresses Tires Golf Bags Perfumes Cassettes Dishwasher Tool Boxes Shoe Polish Motorcycle Helmet Caulking Petroleum Jelly Transparent Tape CD Player Faucet Washers Antiseptics Clothesline Curtains Food Preservatives Basketballs Soap Vitamin Capsules Antihistamines Purses Shoes Dashboards Cortisone Deodorant Footballs Putty Dyes Panty Hose Refrigerant Percolators Life Jackets Rubbing Alcohol Linings Skis TV Cabinets Shag Rugs Electrician's Tape Tool Racks Car Battery Cases Epoxy Paint Mops Slacks Insect Repellent Oil Filters Umbrellas Yarn Fertilizers Hair Coloring Roofing Toilet Seats Fishing Rods Lipstick Denture Adhesive Linoleum Ice Cube Trays Synthetic Rubber Speakers Plastic Wood Electric Blankets Glycerin Tennis Rackets Rubber Cement Fishing Boots Dice Nylon Rope Candles Trash Bags House Paint Water Pipes Hand Lotion Roller Skates Surf Boards Shampoo Wheels Paint Rollers Shower Curtains Guitar Strings Luggage Aspirin Safety Glasses Antifreeze Football Helmets Awnings Eyeglasses Clothes Toothbrushes Ice Chests Footballs Combs CD's Paint Brushes Detergents Vaporizers Balloons Sun Glasses Tents Heart Valves Crayons Parachutes Telephones Enamel Pillows Dishes Cameras Anesthetics Artificial Turf Artificial limbs Bandages Dentures Model Cars Folding Doors Hair Curlers Cold cream Movie film Soft Contact lenses Drinking Cups Fan Belts Car Enamel Shaving Cream Ammonia Refrigerators Golf Balls Toothpaste Gasoline Ink Dishwashing liquids Paint brushes Telephones Toys Unbreakable dishes Insecticides Antiseptics Dolls Car sound insulation Fishing lures Deodorant Tires Motorcycle helmets Linoleum Sweaters Tents Refrigerator linings Paint rollers Floor wax Shoes Electrician's tape Plastic wood Model cars Glue Roller-skate wheels Trash bags Soap dishes Skis Permanent press clothes Hand lotion Clothesline Dyes Soft contact lenses Shampoo Panty hose Cameras Food preservatives Fishing rods Oil filters Combs Transparent tape Anesthetics Upholstery Dice Disposable diapers TV cabinets Cassettes Mops Sports car bodies Salad bowls House paint Purses Electric blankets Awnings Ammonia Dresses Car battery cases Safety glass Hair curlers Pajamas Synthetic rubber VCR tapes Eyeglasses Pillows Vitamin capsules Movie film Ice chests Candles Rubbing alcohol Loudspeakers Ice buckets Boats Ice cube trays Credit cards Fertilizers Crayons Insect repellent Water pipes Toilet seats Caulking Roofing shingles Fishing boots Life jackets Balloons Shower curtains Garden hose Golf balls Curtains Plywood adhesive Umbrellas Detergents Milk jugs Beach umbrellas Rubber cement Sun glasses Putty Faucet washers Cold cream Bandages Tool racks Antihistamines Hair coloring Nail polish Slacks Drinking cups Guitar strings False teeth Yarn Petroleum jelly Toothpaste Golf bags Roofing Tennis rackets Toothbrushes Perfume Luggage Wire insulation Folding doors Shoe polish Fan belts Ballpoint pens Shower doors Cortisone Carpeting Artificial turf Heart valves LP records Lipstick Artificial limbs Hearing aids Vaporizers Aspirin Shaving cream Wading pools Parachutes Americans consume petroleum products at a rate of three-and-a-half gallons of oil and more than 250 cubic feet of natural gas per day each!

 
Cool theory but ā€œBusinessā€ doesnā€™t write immigration policy, business doesnā€™t form public opinion.

Cool story

Cool personal theoryā€¦.it will remain your personal theory until you post Floridaā€™s E-verify guidelines and how the law actually functions.

Cool personal theoryā€¦.should we go on ā€˜ā€™because you said soā€™?
Share the details, how exactly do you arrive at that?
Powerful businesses can affect the economy thus driving politics. It was done in Chile to bring about Pinochet.
 
He is trying

One political party keeps blocking it
Bullshit. Further, there is no need to punish the Oil industry as a first step or even a concurrent step as part of the process to convert us to viable alternative energy. Economicly speaking, that is just asinine.
 
1. Leases does not mean you can drill, you also need "permits". Greens take companies to court to stop getting permits. Biden's admin is on the greens side in court. That's why drilling is less.

2. You not only need to drill, you also need pipelines. Biden won't allow new pipelines.
As war rages in Ukraine and debate over drilling on American public lands is once again in the news, a new dashboard from the Center for Western Priorities highlights the hypocrisy of the oil industryā€™s push to throw even more public lands open to drilling. Combined, the oil and gas industry holds leases to more than 25 million acres of publicly-owned minerals, roughly half of which sit unused. Companies now hold more than 9,000 approved, but unused, drilling permits on national public lands, all of which could be put to use today. Further, oil production on public lands is near all time highs, despite industry claims that the Biden administration has suppressed domestic production.

Why arenā€™t oil companies drilling?

Over the last decade, oil companies have not only been lighting excess natural gas on fire, theyā€™ve been lighting money on fire as well. As of the beginning of 2022, oil companies listed in the S&P Oil and Gas Exploration and Production index had amassed $167 billion in debt, down from a high of $298 billion in 2020. Now that oil prices have risen, investors are looking to see profits returned to shareholders in the form of dividends and stock buybacks, rather than invested in more production. Similarly, banks that once lent oil companies money are now hesitant to commit more funds without guarantees that they will plow revenues into loan repayment, rather than more new drilling. Further, oil companies face a host of constraints when looking to increase production, namely the availability of drilling crews and sand for hydraulic fracturing.

Understandably, Repubs have relentlessly flogged the lies about Biden being responsible for high gas prices in an election year because people want someone to blame.
 
Bullshit. Further, there is no need to punish the Oil industry as a first step or even a concurrent step as part of the process to convert us to viable alternative energy. Economicly speaking, that is just asinine.
What do you mean by punish?
 
That's so stupid, it's hard to believe you said it & exactly the opposite of reality.
What is wrecking things is the forced removal from abundant & much cheaper fossil fuels in favor of "cleaner, greener energy" pipedreams designed to reduce our standard of living.
Fake climate science & an irrational fear of weather is what drives the ignorant masses to buy into this grift
Green renewable energy is our future

Do you enjoy paying $5 a gallon for gas?
 
There it is again folksā€¦a Lefist telling us that America canā€™t operate without parasites from Mexico.

ā€œWe swear, we donā€™t want more illegals and ā€˜open bordersā€™, we just donā€™t want a wall to divide us from Mexico, we want anyone who says the word "asylum" to be set free among the American public, we want to provide illegals with safe havens, we want to give illegals the right to drive, we want to provide them with free education and healthcare, we want to abolish iCE, we want a pathway to citizenship for the 20-40 million illegals here now, we want the 1.7 million DACA ā€˜kidsā€™ gifted a form of citizenship and we want all Mexicans to be able to become citizens without all the red tape....but, but, but....we swear, we donā€™t want open borders."
Those "parasites from Mexico" pick your vegetables, package your meat, tend to your landscaping, and do a lot of the construction...

JS
 
What do you mean by punish?
Demonize fossil fuels, say that ā€œit is time to reign in the US oil companiesā€, increase regulations; put moratoriums and/or cease drilling.

How can all of these moves collectively be construed as anything but punishment? Biden-Harris is certainly committed to not doing anything to help US oil production.
 
Demonize fossil fuels, say that ā€œit is time to reign in the US oil companiesā€, increase regulations; put moratoriums and/or cease drilling.

How can all of these moves collectively be construed as anything but punishment? Biden-Harris is certainly committed to not doing anything to help US oil production.
How does that punish big oil?
Telling them that fossil fuels have a limited future?
They should already know that

If Oil Companies donā€™t adapt, they will become the next coal
 

Seems they want to slow supply with demand going up that mean Cha ching. More record prices.

So why sit on these leases and not drill.

Oh yeah they have billions of reason not to.

Because of the other million regulations, and the fact that not all of those leases have oil on them........
 

Seems they want to slow supply with demand going up that mean Cha ching. More record prices.

So why sit on these leases and not drill.

Oh yeah they have billions of reason not to.
Just because it is a lease does not mean there is oil there. I cost millions just to find it.
Why would oil companies invest in more drilling when shit for brains wants to shut them all down?
Biden says he would transition out of the oil industry by eliminating subsidies for oil companies, which would lead to catastrophic job losses for American workers.
President Joe Bidenā€™s pick for a top banking regulatory position said ā€œwe wantā€ oil and gas companies to go bankrupt.
 

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