Oil prices are set on a global market, and there’s little a president can do to significantly change them.

[Vrenn]

47.7% of the land is on Federal land which means Newsom can't do a thing to stop the Federal government from building refineries.

The leases are on federal land. The refineries would be on CA land.

 

[Vrenn]

Federal land is Federal land. He can do what he wants on Federal land. Of course, he will want to get the locals to join with him. If it lowers gasoline prices and cuts the price in half and offers jobs, I think he will win the locals over.

The leases are on federal land. The Refineries would have to be on private land. Your Orange Cheeto Gawd is NOT immortal.

 

[Cougarbear]

The leases are on federal land. The refineries would be on CA land.

Dude, build them on Federal land. The Federal government owns the Federal land. Why build them on Californication land?

 

[Vrenn]

Dude, build them on Federal land. The Federal government owns the Federal land. Why build them on Californication land?

Yah, let's see how that works out for ya. Putting a Privately owned business on Federal Land. Sorry, this ain't Burger King.

 

[Cougarbear]

Yah, let's see how that works out for ya. Putting a Privately owned business on Federal Land. Sorry, this ain't Burger King.

Nothing different than privately owned businesses on State owned land.

 

[DudleySmith]

I like how people think Big Oil will race to build refineries and then drive the retail prices down when they're making more money by not doing so.

 

[shockedcanadian]

I like how people think Big Oil will race to build refineries and then drive the retail prices down when they're making more money by not doing so.

It's a matter of national security though. These high prices are helping Putin immensely.

 

[DudleySmith]

It's a matter of national security though. These high prices are helping Putin immensely.

Oil produced here won't stay here if they can make more money by exporting it . There is no law saying they have to refine oil produced on Federal land for domestic use.

Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA)

www.eia.gov

In 2023, the United States exported about 10.15 million b/d of petroleum to 173 countries and 3 U.S. territories (American Samoa, Puerto Rico, and U.S. Virgin Islands). Crude oil exports of about 4.06 million b/d accounted for 40% of total U.S. gross petroleum exports. The resulting total net petroleum imports (imports minus exports) were about -1.64 million b/d, which means that the United States was a net petroleum exporter of 1.64 million b/d in 2023.

These big corporations don' give a rat's ass about our national security.

 

[BluesLegend]

Dude, build them on Federal land. The Federal government owns the Federal land. Why build them on Californication land?

So California Dems can extort money and line their own pockets of course.

 

[healthmyths]

The leases are on federal land. The Refineries would have to be on private land. Your Orange Cheeto Gawd is NOT immortal.

Refineries are NOT being built as the CEO of Chevron reports:
Within a year because Biden said this in 2019 and oil companies took him seriously...
I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM

Banks and investment firms took him seriously and this was the result..
Financial support for fossil fuel projects has waned for both environmental and financial reasons. The return on investment of carbon-intensive fuels is no longer the guarantee it once was.

Investors flee Big Oil as portfolios get drilled » Yale Climate Connections

Even as Earth's climate has warmed, years of lackluster profits have cooled the investment climate for oil and gas producers.

yaleclimateconnections.org

Biden's guarantee to "rid fossil fuels" has been an excuse for oil companies to blame rising prices on this group...
Banks and investment firms took him seriously and this was the result..
Financial support for fossil fuel projects has waned for both environmental and financial reasons.
The return on investment of carbon-intensive fuels is no longer the guarantee it once was.

Investors flee Big Oil as portfolios get drilled » Yale Climate Connections

Even as Earth's climate has warmed, years of lackluster profits have cooled the investment climate for oil and gas producers.

yaleclimateconnections.org

As the Chevron CEO clearly states:
The CEO of Chevron, Mike Wirth's said..."You’re looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying,‘We don’t want these products.’”

Bloomberg - Are you a robot?

So no matter how much more production the "guarantee" by Biden to "rid fossil fuels" gave perfect excuses for charging more for funding for refineries WHICH the refineries charged more to refine. ECONOMIC FACTS totally ignored by a politician first... !

 

[Cougarbear]

So California Dems can extort money and line their own pockets of course.

Where you got that from is stipidsville

 

[BluesLegend]

Where you got that from is stipidsville

Riiiiight California government stooges are not on the take.

 

[Cougarbear]

Riiiiight California government stooges are not on the take.

Everything is a conspiracy with democrats.

 

[RoshawnMarkwees]

The OP seems to contradict himself.

 

[Moonglow]

Oil prices are set on a global market, and there’s little a president can do to significantly change them.
The U.S. is also already producing oil at peak levels.

Trump’s Day 1 climate plans — in his own words

The president-elect’s pledges range from easily achievable to all-but-impossible.

www.eenews.net

Federal lands and waters contribute about 24% of the total oil produced in the United States.
Federal lands also contribute about 11% of the country's natural gas production.
The federal government owns 2.46 billion acres of mineral estate, which is more than 62% of the nation's total.
However, the majority of the country's oil and natural gas comes from private and state lands.

Drilling Down on Federal Leasing Facts

The American Petroleum Institute (API) is the only national trade association that represents all aspects of America’s oil and natural gas industry. Our more than 600 corporate members, from the largest major oil company to the smallest of independents, come from all segments of the industry.

www.api.org

“No more drilling on federal lands, no more drilling including offshore—no ability for the oil industry to continue to drill—period,”
Biden said when he ran for office. And, Biden is implementing those words, which is increasing energy prices for Americans.

Biden’s Abysmal Oil and Gas Lease Record

President Biden has leased fewer acres for offshore oil and gas production than any other President before him since the…

www.instituteforenergyresearch.org

So Biden's"no more drilling on federal lands"statement was evident by the below.
Biden was ready to reduce 24% of the USA oil production. Remember that.... when you hear "drill baby drill"!!!
View attachment 1038970

Same old propaganda from the same redundant source.
Biden gave out more leases than Trump did

 

[Moonglow]

The OP seems to contradict himself.

He is always projecting with his slanted sideshow

 

[Cougarbear]

Same old propaganda from the same redundant source.
Biden gave out more leases than Trump did

But they were not allowed to drill because of red tape regulations. The number is a smoke screen. Trump will actually deregulate red tape and the companies will actually start drilling.

 

[Moonglow]

But they were not allowed to drill because of red tape regulations. The number is a smoke screen. Trump will actually deregulate red tape and the companies will actually start drilling.

They did not refuse to pump oil or gas, the companies stockpile reserves for later drilling.oil companies work to fill their pockets, not yers.

 

[Vrenn]

Nothing different than privately owned businesses on State owned land.

And that would also be improper. It would have to be a private land and a private company. Otherwise, you would see the makings of a full blown Socialist setup. Does this mean you are a commie?

 

[DudleySmith]

There is no need for sucking the strategic reserves dry. Indies were drilling like mad while Big Oil was busy paying out dividends and in fact the indies had a tough time finding drilling equipment and supplies because the Big boys stopped drilling in favor of cashing out and the pipe and other oil filed suppliers shut down production.