Will they? The government controls your house because it’s built on your government’s property. No, they will not be controlling the mining, production and distribution of the oil. Just leasing the land like they do now. Won’t be any different with refineries. Just making stuff up again.
Nice. But, we have a real leader with President Trump. There is no reason not to let private businesses build on Federal land without controlling the businesses. Typical politician not being able to understand and make business grow.
The major issue you all are missing is there is little if ANY investment capital now from banks, etc. to be used to build refineries.
www.instituteforenergyresearch.org
You are just repeating yourself to the point of no one caring what you have to say. The original OP was about building Refineries on Federal lands. Not going to happen. The paperwork output would far exceed any petroleum output.
That's not quite true if the United States decided to open up and go balls to the wall with oil production it would definitely put a strain the market price globally. Frankly that's what we need to do.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…
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
Oil producers will not do that. They want the price high, not low.
Since that sentiment had become a standard talking point the United States has discovered enormous reserves they were previously unaware of. It would seem we have the largest reserve of any Nation on Earth which was something we previously did not know. Allowing it to be drilled up and refined would definitely have an impact on the global market. Even if Saudi Arabia didn't cooperate.
He attempted to attack.Biden by showing a disproportional.graph.
Impact indeed , destroy more environments. Just what the planet needs.
Everything we do to sustain our lives takes a toll on the environment. There is a trade-off between human thriving and worship of Gaia. I don't want to see pristine landscapes ruined by irresponsible mining or drilling but I also don't want to see the human race go back to the dark ages before the energy boom.
Remember the concept "supply vs demand"!
www.cnbc.com
Renewables.
Thermodynamics
Remember the concept "supply vs demand"!
meme refers to the fundamental economic principle where the price of a good or service is determined by the interaction between the quantity available (supply) and the quantity consumers want to buy (demand).
So the oil companies LOVED it when Biden said this:
I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM
And so when he followed up with banning oil exploration on Federal lands that produced 25% of all oil and gas produced in the USA, that gave a tremendous boost to oil companies to raise prices dramatically.
Jun 7, 2022 — As of June 6, the national average cost for a gallon of gasolinewas $4.88, an increase of more than 100% from the week Joe Biden took office, when it was $2.39 per gallon.
This was music to the ears of oil companies who stated these quotes:Gas Prices Up 100% Under Biden
www.rpc.senate.gov
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.’”
The CEO says the cost of capital to build new refineries costing more..(raising gas prices!)
“Getting lenders to choke off money to fossil fuel companies is the next needed move for the industry to address the material risks that the coal, oil and gas industry faces,” says Leslie Samuelrich, president at investment advisory firm Green Century Capital Management.
So instead of "ridding fossil fuels".... Biden helped raise prices for gas, diesel, etc... an energy source that touchesThese are the world's largest banks that are increasing and decreasing their fossil fuel financing
The largest banks have collectively financed $3.8 trillion in fossil fuel companies since the Paris Agreement, according to the Banking on Climate Chaos report.
ALL Americans directly and indirectly... i.e. how do goods get delivered to supermarkets, restaurants, stores, etc.?
In the U.S., over 70% of freight transportation relies on diesel-powered trucks, meaning that a significant portion of goods and services rely on diesel fuel for delivery.
Any wonder grocery prices increased???Factors affecting diesel prices - U.S. Energy Information Administration (EIA)
How cost of crude oil, international and regional demand and supply of diesel fuel, and transportation and delivery costs affects diesel fuel prices.www.eia.gov
"Executive Order 13990 of January 20, 2021Oil 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.
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.
“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…
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
Not at all, but he allegedly signed it Day 1.
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.
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.
“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…
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
