Trump made us a net-exporter of oil for the first time in 50 years and brought peace to the Middle East. Now it's an energy crisis and Israel bombed?

[B. Kidd]

Donald Trump stopped the unfair harassment of our oil industry and let them get to work, allowing them to help the country by making us energy independent. As a result, we broke 300 million barrels of oil in one month for the first time since the 1970s, when another Republican was in office. So, in the 1970s, a Republican president enables the country to produce 300 million barrels of oil, breaking a significant milestone. Then Jimmy Carter comes along and we get an energy crisis where people had to be issued gas rations. Donald Trump rescues our fossil fuel industry and brings peace to the Middle East. Biden kills pipelines and undoes all of Trump's progress in the Middle East.

View attachment 488795

All in under 4 months.
Has to be some kind of record for Presidential dysfunction!

Well at least the stupid fuck resumed building the wall. What an imbecile that man is.

Isn't rebuilding the wall!
He is only reinforcing a levee!!

 

[surada]

Why do you keep mentioning Barry as if he had anything to do with it?

Domestic production doubled during the Obama years.. Rig counts were higher than they had been in 44 years. Domestic oil producers had never used fracking so they weren't good at it and most wells are too small anyway.

The Middle East has used fracking since 1960.

 

[struth]

Domestic production doubled during the Obama years.. Rig counts were higher than they had been in 44 years. Domestic oil producers had never used fracking so they weren't good at it and most wells are too small anyway.

The Middle East has used fracking since 1960.

we have used fracking in the united states since 1949

non-hydronic fracking dates back to the 1800s in the US

try again

 

[surada]

before a rig can be put up it must be drilled

Nope. You use a rig to drill for oil.

we have used fracking in the united states since 1949

non-hydronic fracking dates back to the 1800s in the US

try again

I know but it has not been used by domestic oil producers in OK, Texas, or California.

Oil Rig | Definition of Oil Rig by Merriam-Webster
Definition of OIL rig
Oil rig definition is - a structure above an oil well on land or in the sea that has special equipment attached to it for drilling and removing oil from the ground.

 

[struth]

Nope. You use a rig to drill for oil.

I know but it has not been used by domestic oil producers in OK, Texas, or California.

Oil Rig | Definition of Oil Rig by Merriam-Webster
Definition of OIL rig
Oil rig definition is - a structure above an oil well on land or in the sea that has special equipment attached to it for drilling and removing oil from the ground.

domestic companies have been fracking in the united states since the 1800s

 

[surada]

domestic companies have been fracking in the united states since the 1800s

Yes.. in Pennsylvania , but not in the past 70 years in the US. Most US wells produce less than 50 barrels a day .. They can't afford fracking or gas injection to keep the pressure up so they "pump" oil with old timey rocker pumps instead of Christmas trees. The Gulf of Mexico has more than 3,000 wells.. Some have been retired but of the thousand or so that are actively producing they produce some 1.65 million bpd.

 

[Dragonlady]

Why do you keep mentioning Barry as if he had anything to do with it?

Why do you keep denying that Barrack Obama and Joe Biden are responsible for American energy independence, FuckBoi? You've been told, more than once. The links have been posted but clearly you didn't read them. How stupid are you?

Ready the fucking links, dipshit. You might learn something. Otherwise you're going to go through life as stupid, gullible FuckBoi!

AP FACT CHECK: The energy boom didn't start with Trump

WASHINGTON (AP) — President Donald Trump falsely accused his predecessors Monday of locking up U.S energy.

apnews.com

President Obamaâs Support For Americaâs Shale Oil And Natural Gas

“The natural gas boom has led to cleaner power, and greater energy independence…. Natural gas isn’t just appearing magically…. We’re encouraging it and working with the industry,” Barack Obama, 44th President of the United States.

www.forbes.com

Why Trump needs to embrace Obama’s fuel rules to make America energy independent

Since the Arab Oil Embargo four decades ago, every president has promised to wean the United States off the need for foreign oil.

www.reuters.com

 

[struth]

Yes.. in Pennsylvania , but not in the past 70 years in the US. Most US wells produce less than 50 barrels a day .. They can't afford fracking or gas injection to keep the pressure up so they "pump" oil with old timey rocker pumps instead of Christmas trees. The Gulf of Mexico has more than 3,000 wells.. Some have been retired but of the thousand or so that are actively producing they produce some 1.65 million bpd.

so when you said domestic oil companies have never done it…that was a lie…k

 

[surada]

so when you said domestic oil companies have never done it…that was a lie…k

They used primitive fracking when the country was switching from whale oil to kerosene.. and didn't use it in the US again until the Obama years.

 

[struth]

They used primitive fracking when the country was switching from whale oil to kerosene.. and didn't use it in the US again until the Obama years.

hahaa that’s not true…we used it continually…and advance to hydro-fracking since 1949

in 2005, we started using it for shale-oil and saw a massive boom that extend into the obama years.

like really dude. this is easy stuff to find. You are literally just making stuff up

 

[surada]

hahaa that’s not true…we used it continually…and advance to hydro-fracking since 1949

in 2005, we started using it for shale-oil and saw a massive boom that extend into the obama years.

like really dude. this is easy stuff to find. You are literally just making stuff up

I'm not a dude.

Fracking Statistics: Pros, Cons, and Interesting Facts

Fracking is bad for your health. This shouldn’t come as a surprise for anyone who’s been following the latest fracking statistics.

seedscientific.com

 

[struth]

I'm not a dude.

Fracking Statistics: Pros, Cons, and Interesting Facts

Fracking is bad for your health. This shouldn’t come as a surprise for anyone who’s been following the latest fracking statistics.

seedscientific.com

good stuff! we certainly shouldn’t ban it!

and as the link says we have been hydro fracking since the 40s

not just under obama as you claimed

thanks for disproving your prior lie

 

[Tom Paine 1949]

Working out new U.S. energy policies and developing new technologies took decades, and was not attributable to Trump or any single President.

The recent dramatic increase in the price of gasoline — here and internationally — is determined largely by political factors. The real cost price (production cost) of oil in the Gulf is tiny. Oil politics and special interests determine the final price paid by the consumer everywhere.

OPEC today would not dare sanction the West as it did in 1973, but Gulf Oil sheikdom money still has tremendous influence in D.C. and the City of London. The alliance of Israel and reactionary Gulf states is increasing their political / lobbying power in Washington. Saudi dictator & butcher MBS is now seeking to punish Biden and the Democrats, to prevent any change in U.S. support to the Gulf Oil Kingdoms’ policies. The U.S. sanctioning Iran and Venezuela also of course contributes to Saudi economic power.

Saudi Arabia is limiting oil production (with U.S. oil industry approval) because Biden won’t meet with Mohammed bin Salman after the murder of Jamal Khashoggi. This is a main reason for the very steep recent increases. The article below takes this argument a bit far in my opinion, at least in so far as it uniquely attributes all general inflation to the much higher wholesale oil price, but it is, I think, otherwise accurate.

https://theintercept.com/2021/11/11/inf ... n-mbs-oil/

Of course “energy security” (even via “fracking” in rural areas), and especially with ecologically sustainable new technology, is most everywhere a strategic goal, but immediate major steps forward should also involve the U.S. ending sanctions against Iran, Venezuela, Syria.

Encouraging real “free trade” in oil and additional foreign investment (e.g. from China) in the Middle East would drive prices way down, weakening the hand of producers and stabilizing relations between the great powers. The oil industry could then be less a contended geo-political and military issue, more of a normal part of world trade. Insofar as ecological issues are concerned, taxes on carbon would then be more achievable either imposed internationally or nationally.

Domination of Middle East oil super profits and recycling Petrodollars has aided the West and U.S.A. immensely over several generations now. Keeping the price high but reasonable was necessary to develop fracking, deep water drilling, and other oil / gas technologies and logistics for LNG that made the U.S. “energy independent” and even a world exporter.

But the U.S. should change its policy and not try to continue to use energy and energy sanctions as a geo-political weapon. The policy I outline can ensure others like Russia also play fair, and make them diversify their economies too. Finally, the Chinese are very paranoid about U.S. cutting off its imports from the Persian Gulf, and this is destabilizing our relations with them on many levels.

A lot of special interests will oppose any such re-orientation, of course.

 

[surada]

Working out new U.S. energy policies and developing new technologies took decades, and was not attributable to Trump or any single President.

The recent dramatic increase in the price of gasoline — here and internationally — is determined largely by political factors. The real cost price (production cost) of oil in the Gulf is tiny. Oil politics and special interests determine the final price paid by the consumer everywhere.

OPEC today would not dare sanction the West as it did in 1973, but Gulf Oil sheikdom money still has tremendous influence in D.C. and the City of London. The alliance of Israel and reactionary Gulf states is increasing their political / lobbying power in Washington. Saudi dictator & butcher MBS is now seeking to punish Biden and the Democrats, to prevent any change in U.S. support to the Gulf Oil Kingdoms’ policies. The U.S. sanctioning Iran and Venezuela also of course contributes to Saudi economic power.

Saudi Arabia is limiting oil production (with U.S. oil industry approval) because Biden won’t meet with Mohammed bin Salman after the murder of Jamal Khashoggi. This is a main reason for the very steep recent increases. The article below takes this argument a bit far in my opinion, at least in so far as it uniquely attributes all general inflation to the much higher wholesale oil price, but it is, I think, otherwise accurate.

https://theintercept.com/2021/11/11/inf ... n-mbs-oil/

Of course “energy security” (even via “fracking” in rural areas), and especially with ecologically sustainable new technology, is most everywhere a strategic goal, but immediate major steps forward should also involve the U.S. ending sanctions against Iran, Venezuela, Syria.

Encouraging real “free trade” in oil and additional foreign investment (e.g. from China) in the Middle East would drive prices way down, weakening the hand of producers and stabilizing relations between the great powers. The oil industry could then be less a contended geo-political and military issue, more of a normal part of world trade. Insofar as ecological issues are concerned, taxes on carbon would then be more achievable either imposed internationally or nationally.

Domination of Middle East oil super profits and recycling Petrodollars has aided the West and U.S.A. immensely over several generations now. Keeping the price high but reasonable was necessary to develop fracking, deep water drilling, and other oil / gas technologies and logistics for LNG that made the U.S. “energy independent” and even a world exporter.

But the U.S. should change its policy and not try to continue to use energy and energy sanctions as a geo-political weapon. The policy I outline can ensure others like Russia also play fair, and make them diversify their economies too. Finally, the Chinese are very paranoid about U.S. cutting off its imports from the Persian Gulf, and this is destabilizing our relations with them on many levels.

A lot of special interests will oppose any such re-orientation, of course.

KSA has announced they will increase production by 3 million bpd before 2023.

OPEC sells a lot of oil to China and have for years.

Syria's oil production peaked in 1996. They have very little oil of very poor quality and have been a net IMPORTER for years.

 

[Dragonlady]

KSA has announced they will increase production by 3 million bpd before 2023.

OPEC sells a lot of oil to China and have for years.

Syria's oil production peaked in 1996. They have very little oil of very poor quality and have been a net IMPORTER for years.

But they cut production by 8 million BPD before covid, and have barely increased it since.

 

[surada]

But they cut production by 8 million BPD before covid, and have barely increased it since.

The Saudis? They are currently producing 10 million bpd.

The US is a "net exporter" .. They import 7.5 million bpd and export 2.5 to 3 million bpd.

 

[Rigby5]

we have used fracking in the united states since 1949

non-hydronic fracking dates back to the 1800s in the US

try again

Don't think you meant "hydronic".
That refers to heat or cooling with water.
Using water pressure would be "hydraulic".

 

[Rigby5]

good stuff! we certainly shouldn’t ban it!

and as the link says we have been hydro fracking since the 40s

not just under obama as you claimed

thanks for disproving your prior lie

Fracking can be extremely wasteful and dirty, if done badly.
It can release oil, natural gas, salt water, or other fracking chemicals, to contaminate the ground water or the air.

 

[struth]

Fracking can be extremely wasteful and dirty, if done badly.
It can release oil, natural gas, salt water, or other fracking chemicals, to contaminate the ground water or the air.

yeah that’s mentioned in the link. It’s important to do it safely

 

[Tom Paine 1949]

KSA has announced they will increase production by 3 million bpd before 2023.

OPEC sells a lot of oil to China and have for years.

Syria's oil production peaked in 1996. They have very little oil of very poor quality and have been a net IMPORTER for years.

The few remaining productive oil fields in devastated Syria are still held by U.S. troops illegally there. What is left of the Syrian economy after the civil war (in which the U.S. & its Gulf and Turkish allies supported Sunni fanatics against Assad) is now sanctioned by the U.S.A. As is all oil production in the potentially much more productive oil fields of Iran. China has also offered to redevelop Iraqi fields and open new ones there, which the Assembly there supported, but the U.S. put a stop to all such talk. Everybody suffers as a result of this.

As for Saudi increasing production in 2023 [!] — that will be far too late to make a difference — the Dems will probably get killed in the 2022 elections and after that all possibility of Biden confronting MBS will have evaporated.

Of course China buys oil from OPEC and the Saudis, and even LNG from the U.S., but it has seen how the U.S. has been willing to use its armed forces to get its way in the Middle East and elsewhere, to sanction Iranian and Iraqi production, and remembers how the U.S. cut off oil to imperialist Japan. XiJinping apparently believes that by controlling the South China Sea lanes he can make the U.S. think twice before trying the same with China.