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I don't say they are so much responsible for them but they are..
More than 20 Republican-led states sue Biden for canceling the Keystone XL pipeline
It’s the latest event in the more than 10-year struggle over Keystone XL’s expansion.www.vox.com
Dumbocrat is as Dumbocrat does:
Why is he begging Saudi Arabia to increase oil production, then?He has approved more oil leases than even Trump did.
And he has allowed the sale of a drilling area the size of New Mexico to go forward.
He is also prepared to release oil from the reserve.
There is not much more a president can do than that. Biden has done everything within his power.
Canceling a pipeline which is only 1/8 completed and was contributing nothing to the oil supply has nothing to do with why oil prices have gone up.I don't say they are so much responsible for them but they are..
More than 20 Republican-led states sue Biden for canceling the Keystone XL pipeline
It’s the latest event in the more than 10-year struggle over Keystone XL’s expansion.
Dumbocrat is as Dumbocrat does:
Because they are an ally and he is hoping they will assist.Why is he begging Saudi Arabia to increase oil production, then?
Yeah and in the mean time any time there is a chance to reduce the price by increasing production here at home so Liberal MF is going to cry FOUL!
OPEC and Russia have been playing games with the price by not ramping up their production to match the post-pandemic surge in demand. They want the price high because their domestic economies are totally dependent on the price of oil. Russia needs to keep the price above $60 to avoid recession.
Due to the pandemic, oil prices actually went negative for a while. Every oil producer got crushed.
Now they are trying to recoup their losses.
If the price of oil goes to low for their liking, they will cut production. That's what the part you quoted means.
WTI Crude was over $80 a month ago.SO then why did you post:
"Oil Price Plunging. Thanks Biden!"
If OPEC and Russia control prices sugar?
Let me know when it plunges back to the $46/bbl that he inherited moron. Lets Go Brandon.WTI crude futures erased early gains to fall towards $66 a barrel on Friday, after rising as much as 2% to above $68 tracking a sentiment of risk-off that took hold in markets. Early, a more bullish oil market was sustained by OPEC+ remarks, saying that are ready to quickly adjust output plans if demand suffered from measures to contain the Omicron variant. In the previous session, OPEC+ surprised markets when it stuck to plans to add 400,000 bpd supply in January, seen by analysts as a move meant to appease Washington. US deputy energy secretary David Turk previously said President Biden’s administration could adjust the timing of its planned release of strategic crude oil stockpiles if global energy prices drop substantially. Meanwhile, the producers have since calmed markets, saying they would meet again before their next scheduled meeting on Jan. 4, if needed, to review supply additions in light of virus-related developments. WTI crude is on track for its sixth weekly decline.
Crude Oil - Price - Chart - Historical Data - News
Crude Oil increased 15.13 USD/BBL or 21.11% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on April of 2024.tradingeconomics.com
Oil settles down $10/bbl in largest daily drop since April 2020
Go Joe Brandon!
www.statista.com
You want another pandemic shutdown, idiot?Let me know when it plunges back to the $46/bbl that he inherited moron. Lets Go Brandon.
www.thenews.com.pk
We're still in a pandemic, moron. What's changed is oil is 50% more after being doubled. Trump managed to maintain fuel prices near $2.25 gal or less for four years with a ~$62 bbl oil price. Biden's plunge has brought oil to ~$66 bbl--where is the $2.25 gas. I believe the average nationwide was $3.40 yesterday.You want another pandemic shutdown, idiot?
Because that is what it will take.
We are not in a shutdown, idiot.We're still in a pandemic, moron. What's changed is oil is 50% more after being doubled. Trump managed to maintain fuel prices near $2.25 gal or less for four years with a ~$62 bbl oil price. Biden's plunge has brought oil to ~$66 bbl--where is the $2.25 gas. I believe the average nationwide was $3.40 yesterday.
We haven't been in a shutdown since before the shitter in chief took over, moron. BTW, you (nor I) said one fucking word about shutdown anyway--I believe the word you are avoiding was "pandemic" Your word.We are not in a shutdown, idiot.
WTI Crude was over $80 a month ago.
Today it is $67.85.
I specifically said " pandemic shutdown". Open your eyes.We haven't been in a shutdown since before the shitter in chief took over, moron. BTW, you (nor I) said one fucking word about shutdown anyway--I believe the word you are avoiding was "pandemic" Your word.
Again, it was low because of the pandemic shutdown. That's why I posted the pre-pandemic price above.It was around 33 when your boi Biden won?
So around double and you cheer. Enjoy.
Like cheering for the one mosquito that you sqaush while the rest feast on your carcass.
