Markle
Diamond Member
Their profit margin is about 7% for the past 50 years.

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Their profit margin is about 7% for the past 50 years.
Pushing this lie again?I posted this for g5000 but it appears you need personal attention.
As you know, our energy prices are sky-high because that is what President Biden promised to do and did. Do you have any further questions?
So, how did we lose energy independence?
Soon after Biden took office, the Energy Information Agency reported that the United States would begin importing more oil than it would export for 2021 and 2022. On January 27 of this year, Biden drafted an executive order largely affected the oil and gas industry. The order included the following guidelines:
While the existing leases for companies to explore and/or drill for oil are still in existence, no new leases or permits will be given. The effect of this measure means that there are limited effects on existing lands where exploration and drilling takes place. It is expected that Americans won’t see the effects of this part of the executive order for up to ten years.
- Halted new oil and gas leases on federal onshore lands such as national parks and offshore waters (however, this did not affect tribal lands)
- Directed the Secretary of the Interior to consider adjusting coal, oil and gas royalties to “account for corresponding climate costs” (i.e., the industry expected increased royalties)
- Suspended new leases, contracts, or drilling permits for at least 60 days
- Withdrew the permit for the Keystone XL pipeline
Because Biden directed the Secretary of the Interior to provide a comprehensive review of the climate impact of future oil and gas activity on public lands, companies are expecting new regulations, which are often costly to companies.
What Happened to the United States Being Energy Independent? - This Nation
As gas prices have reached a national average of $3.42 per gallon, consumers debate whether the United States was ever energy independent. Former President Trump argued in early 2020 that America had finally attained the goal of energy independence, while pundits on the left argued that America...
www.thisnation.com![]()
Your source shows nothing about us being or not being energy-independent. All you are showing is the amount of oil we import per week. What does that have to do with ENERGY independence?Pushing this lie again?
2023 has proven to be the most energy independent years for America since president Kennedy was in office.
I never realized you were black.
Your source shows nothing about us being or not being energy-independent. All you are showing is the amount of oil we import per week. What does that have to do with ENERGY independence?
Do you have a point? Obviously not.
Kindly run along now. Thank you!
That is our net petroleum imports (Imports - exports). If you notice the negative numbers started showing up in 2019. That represents the first time we became energy independent (by the measure still used today). Since April of 22 the US Oil Patch has been killing it.Your source shows nothing about us being or not being energy-independent. All you are showing is the amount of oil we import per week. What does that have to do with ENERGY independence?
Do you have a point? Obviously not.
Kindly run along now. Thank you!
I don't know anything about the price of gas in South Africa.
They have to include the LNG and all the refined products we export in the formula to come up with that.We have never been energy independent... Trump is a liar. Even the Marshall Plan was fueled by oil from the Middle East.
Good to see that you agree, however grudgingly.They have to include the LNG and all the refined products we export in the formula to come up with that.
Because his EO is over 2 years old, duh.That article is over two years old.
A lot has changed since then.
Do try to catch up. The figures don't lie.
October 14, 2019Earth to Markle. See post 283.
You are posting obsolete news.
Try to catch up.
Free market?It is amusing that those of you who claim to be free enterprise conservatives have ZERO understanding of how energy markets work.
You’re clueless then if you’re ignorant about Joe draining our emergency reserves. Educate yourself, you’ll be voting Trump next year.I’m not aware of any either having or releasing reserves.
What is your point?
So you lied. It’s not a free market. The government- DEMOCRATS- are driving prices up.See?
QED.
You would believe everything MSM feeds you.And it is explained very clearly why in the OP link. It has fuck-all to do with Biden.
Moron.