Surprise, surprise!! 10 year high default rate on Bidenomics

[BlindBoo]

The Covid shutdown were devestating to the world economy, as is the war on fossil fuels

The Covid bubble has been devastating.

What war? Since the end of the Bush regime in 2009, when our production was at an all time low for the modern era, we have just about tripled it, so far. Not to mention we are the leader in LNG exports.

Worst war on fossil fuel, ever.

Weekly U.S. Field Production of Crude Oil (Thousand Barrels per Day)

 

[The5thHorseman]

They are not.

Here is the average US oil production by year (Thousand Barrels per Day)

View attachment 826464

ENERGY INDEPENDENTER!

 

[Moonglow]

The Covid shutdown were devestating to the world economy, as is the war on fossil fuels, as is the massive spending.

But all of this is self inflected by US government and governments aroiund the world, something they will never take account for.

They will either blame Putin or some other poor soul, or just say there is nothing they can do, or better yet just ignore it all as people drown fiscally.

With ballot harvesting, it's not like they need their votes.

The Saudis announce one million barrels less every month until the end of the year to keep prices high...The US is not reducing any oil production.

 

[Moonglow]

The Covid bubble has been devastating.

What war? Since the end of the Bush regime in 2009, when our production was at an all time low for the modern era, we have just about tripled it, so far. Not to mention we are the leader in LNG exports.

Worst war on fossil fuel, ever.

Weekly U.S. Field Production of Crude Oil (Thousand Barrels per Day)

They can't see those numbers because of MAGA.

 

[Votto]

The Covid bubble has been devastating.

What war? Since the end of the Bush regime in 2009, when our production was at an all time low for the modern era, we have just about tripled it, so far. Not to mention we are the leader in LNG exports.

Worst war on fossil fuel, ever.

Weekly U.S. Field Production of Crude Oil (Thousand Barrels per Day)

Biden's climate agenda: Is this the beginning of the end for fossil fuels?

The US president sets out ambitious goals as he rejoins the global effort to fight climate change.

www.bbc.com

I realize that playing stupid is very believable when it comes to those on the Left, but come on man!

 

[Votto]

The Saudis announce one million barrels less every month until the end of the year to keep prices high...The US is not reducing any oil production.

Biden declares an end to fossil fuels.

Then he wonders why oil production is down because companies no longer want to invest in it.

Biden calls for more production and lower profits in letter to U.S. oil refiners

President Joe Biden wants U.S. oil refiners to produce more gasoline and diesel.

www.pbs.org

Leftists are on full retard

 

[JGalt]

Are U.S. Consumers Tapped Out? | Penn Mutual Asset Management, LLC

 

[Moonglow]

Biden declares an end to fossil fuels.

Then he wonders why oil production is down because companies no longer want to invest in it.

Biden calls for more production and lower profits in letter to U.S. oil refiners

President Joe Biden wants U.S. oil refiners to produce more gasoline and diesel.

www.pbs.org

Leftists are on full retard

The Saudi oil industry is state owned. The US is not.

 

[Votto]

The Saudi oil industry is state owned. The US is not.

The US industry is not owned by the State, but the State can prevent them from doing pretty much anything they want, like forcing them to take a jab or prevent them from drilling anywhere.

Freedom is but a thing of the past.

 

[Harpy Eagle]

Biden declares an end to fossil fuels.

Then he wonders why oil production is down because companies no longer want to invest in it.

Biden calls for more production and lower profits in letter to U.S. oil refiners

President Joe Biden wants U.S. oil refiners to produce more gasoline and diesel.

www.pbs.org

Leftists are on full retard

Production is not down. Why do you keep parroting this lie?

Here is the average US oil production for the past few years (Thousand Barrels per Day)

 

[BlindBoo]

Biden's climate agenda: Is this the beginning of the end for fossil fuels?

The US president sets out ambitious goals as he rejoins the global effort to fight climate change.

www.bbc.com

I realize that playing stupid is very believable when it comes to those on the Left, but come on man!

How can there be a war on fossil fuel when we are not only largest producer in the world but also one of the greatest consumers of fossil fuels. I know Faux "Not News" lies to you guys all the time but come back to reality every once in a while........

 

[Blaster]

Production is not down. Why do you keep parroting this lie?

Here is the average US oil production for the past few years (Thousand Barrels per Day)

Column: U.S. oil and gas production begins to flatten

U.S. crude oil production was essentially flat in May compared with April - a sign lower prices and a slowdown in drilling activity are finally causing output to peak and turn down.

www.reuters.com

 

[jbrownson0831]

There is no war against fossil fuels they have been allowed to produce as fast and as much as they want.

Another lie have you been in a coma?

 

[BlindBoo]

Column: U.S. oil and gas production begins to flatten

U.S. crude oil production was essentially flat in May compared with April - a sign lower prices and a slowdown in drilling activity are finally causing output to peak and turn down.

www.reuters.com

From your link.

" U.S. crude oil production was essentially flat in May compared with April - a sign lower prices and a slowdown in drilling activity are finally causing output to peak and turn down."

This is September, oil prices are up and we have increased production some 600,000 barrels a day since that article was updated a month ago. We have yet to peak and the iea estimates an increase in production to over 13.1 mbd next year.

 

[Votto]

Production is not down. Why do you keep parroting this lie?

Here is the average US oil production for the past few years (Thousand Barrels per Day)

As I pointed out, Biden wanted production up

Why?

Because the country is growing, so not growing oil production along with the country growing equals shortages and higher prices idiot.

 

[jbrownson0831]

From your link.

" U.S. crude oil production was essentially flat in May compared with April - a sign lower prices and a slowdown in drilling activity are finally causing output to peak and turn down."

This is September, oil prices are up and we have increased production some 600,000 barrels a day since that article was updated a month ago. We have yet to peak and the iea estimates an increase in production to over 13.1 mbd next year.

So, is that like having inflation at 1%, diving it up to 10% then reducing it to 9% and claiming a victory?
Gas prices were plenty low before Poopeypants and the Reserve was full. Prices are now double and triple, the Reserve is empty, and you are bragging about increasing production NOW? Whoop-te-doodle!

 

[Harpy Eagle]

Why?

Because OPEC and Russia are cutting production to keep the price higher.

Because the country is growing, so not growing oil production along with the country growing equals shortages and higher prices idiot.

Thank Odin that oil production is growing as proven by the numbers I gave you that you keep pretending do not exist.

Seems you did not use to be this dishonest, sad to see you turn into just one more moron partisan parroting the party talking points

 

[Votto]

Because OPEC and Russia are cutting production to keep the price higher.



Thank Odin that oil production is growing as proven by the numbers I gave you that you keep pretending do not exist.

Seems you did not use to be this dishonest, sad to see you turn into just one more moron partisan parroting the party talking points

Which is why the US needs to find their own like Trump was doing.

Depending on Russia and OPEC is retarded!

But not increasing production at home and going nuclear is the death blow to energy independence and financial security in the US.

Even worse, making people buy electric cars that are fueled by carbon emissions is next to being brain dead.

 

[BlindBoo]

So, is that like having inflation at 1%, diving it up to 10% then reducing it to 9% and claiming a victory?
Gas prices were plenty low before Poopeypants and the Reserve was full. Prices are now double and triple, the Reserve is empty, and you are bragging about increasing production NOW? Whoop-te-doodle!

No. It's like when a prediction about oil was made that "a sign lower prices and a slowdown in drilling activity are finally causing output to peak and turn down." was incorrect. Not only did oil prices increase but also our output increased by over a half a million barrels a day since May. The increased in production is expected to continue into next year.

 

[Independent thinker]

10-year high for credit card and car loan defaults as 'Bidenomics' hits consumers hard | Blaze Media

Credit card delinquencies and car loan defaults have reached their highest point in 10 years, according to creditors, as homeowners also struggle to pay off mortgages.The New York Post reported that credit agency Equifax noted credit card delinquencies have reached 3.8%, while car loan defaults...

www.theblaze.com

People are defaulting on debt in record number as inflation and energy prices go spiraling out of control

Next stop, the Great Reset, planned all along like the Plandemic.

But but but inflation is under control and things are just going great. Surely this has to be a conspiracy theory from Fox News.