So, "drill baby drill"?

[Orangecat]

Thanks for proving once again, that You and Your ilk - can't comprehend simple sentences/statements.
I was referencing about a MATURE and SEASONED President. - not about some human scumbag and pathological fraudster.

You write like a poorly educated imbecile.

 

[RoshawnMarkwees]

Your Grand Wizard - had propagated oil production, baby, oil production, or refine, baby, refine??

Both. Increased supply lowers the price of oil and everything — everything — else follows suit.

 

[RoshawnMarkwees]

You don’t hear “Drill, baby, drill” because President Musk wants all that cool federal cash to go not to the people, but to subsidies for EV battery production and charging stations.

Musk is merely taking advantage of virtue-signaling democrat sheep who think they are saving the planet by buying ev’s. As Barnum said, “suckers are born every minute”.

 

[d0gbreath]

So why not drill more and get gas prices down to well under $2 per gallon?

Because the oil companies will make less money. That was the whole point of the OP.

 

[konradv]

Musk is merely taking advantage of virtue-signaling democrat sheep who think they are saving the planet by buying ev’s. As Barnum said, “suckers are born every minute”.

Thanks for verifying that Musk is a conman or as Ayn Rand would have said, a looter.

 

[Lesh]

So the free market, not government, is finding the solution.

Great.

The “solution” is less drilling and higher prices

Intentionally

 

[SassyIrishLass]

So the free market, not government, is finding the solution.

Great.

It's always amazed me the left hates drill baby drill but only in America. Go tell the ME to stop drilling

 

[Seymour Flops]

The “solution” is less drilling and higher prices

Intentionally

How is that different from under Biden?

 

[Lesh]

How is that different from under Biden?

It’s not but it puts the whole “Biden is anti drilling” thing to the lie

 

[Seymour Flops]

It’s not but it puts the whole “Biden is anti drilling” thing to the lie

Wrong!

It is completely different. It’s one thing for government to prevent oil companies from drilling. It’s a completely different thing for oil companies to make an economic decision that this is not a good time to drill, but we will drill later on as we please.

You should think your answers through.

 

[Crepitus]

Which is exactly why I would remove as many restrictions as possible. When this is done supply on both a global basis and domestic basis increases and prices come down. Absent restrictions, forces foreign and domestic companies to increase supply and/or lower prices.

How does one explain the average price of gas per Presidential term (4 years) being lower during a Republican President (Bush, Trump) vs a Democrat President (Obama, Biden)? Republicans have less restrictions.

I'm ok with removing restrictions as long as the subsidies go too.

But you're still wrong. Global supply will stay low because they want it to. low supply earns higher price per barrel.

The oil companies are not gonna sabotage their own profits to make you happy.

 

[Lesh]

Wrong!

It is completely different. It’s one thing for government to prevent oil companies from drilling. It’s a completely different thing for oil companies to make an economic decision that this is not a good time to drill, but we will drill later on as we please.

You should think your answers through.

Government DIDN’T prevent oil companies from drilling and obviously they weren’t trying to

 

[initforme]

Wrong!

It is completely different. It’s one thing for government to prevent oil companies from drilling. It’s a completely different thing for oil companies to make an economic decision that this is not a good time to drill, but we will drill later on as we please.

You should think your answers through.

We've been told how much more oil we need redundancy. Now we don't need it because the oil companies don't want to drill? I sense bs.

 

[Seymour Flops]

Government DIDN’T prevent oil companies from drilling and obviously they weren’t trying to

https://www.cnn.com/2025/01/06/business/biden-offshore-drilling-ban-trump/index.html

Oil and gas companies must pay more to drill on federal lands under new Biden administration rule

Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule from the Biden administration.

apnews.com

Biden moves to limit ANWR oil drilling hours after Trump’s election

The Biden administration indicated it will offer just 400,000 acres during an upcoming oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR) – the minimum ...

www.ogj.com

 

[Lesh]

https://www.cnn.com/2025/01/06/business/biden-offshore-drilling-ban-trump/index.html

Oil and gas companies must pay more to drill on federal lands under new Biden administration rule

Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule from the Biden administration.

apnews.com

Biden moves to limit ANWR oil drilling hours after Trump’s election

The Biden administration indicated it will offer just 400,000 acres during an upcoming oil and gas lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR) – the minimum ...

www.ogj.com

Offering acres no one wants is hardly an issue

 

[Seymour Flops]

Offering acres no one wants is hardly an issue

Absolutely nothing to do with my post.

Thanks for trying . . .

 

[lennypartiv]

Well not according to the oil industry. They said yesterday that they are not focused on increasing production but on maximizing profits. That means controlling the supply so as not to overrun demand. That way they keep the price high.

Trump just might need to nationalize the oil industry.

 

[Crepitus]

Trump just might need to nationalize the oil industry.

I'm OK with that. American natural resources are for Americans, not oil companies.

 

[LeftofLeft]

I'm ok with removing restrictions as long as the subsidies go too.

But you're still wrong. Global supply will stay low because they want it to. low supply earns higher price per barrel.

The oil companies are not gonna sabotage their own profits to make you happy.

Agreed that oil companies are in it for profit. But I disagree that foreign oil will restrict supply if the US eases restrictions. I think they will increase supply to stay in the US markets. Anytime the US increases restrictions, foreign oil supply stays restrictive over the long term.

 

[Crepitus]

Agreed that oil companies are in it for profit. But I disagree that foreign oil will restrict supply if the US eases restrictions. I think they will increase supply to stay in the US markets. Anytime the US increases restrictions, foreign oil supply stays restrictive over the long term.

They've just told you that they will. Go read the link in the OP.