US Oil Rig Count has Doubled Under Biden

[Frankeneinstein]

Negative! Too much carbon is too much carbon.

So does this mean the added drilling is not a good thing?

Anyone who thinks climate change isn't real goes from a Frankeneinstein to a Frankenstein fucking stupid ass monster.

Well I'm just glad it didn't upset you

 

[Nostra]

Polly want a cracker?

Rig count still ZERO on Biden leases, Simp.

 

[excalibur]

What Is the Keystone XL Pipeline?

How a single pipeline project became the epicenter of an enormous environmental, public health, and civil rights battle.

www.nrdc.org

That oil was going to go overseas. Try again.

That oil was going overseas means nothing as we export oil now as well.

That oil was in fact going to go to U.S. refineries for cracking into diesel and other products for world markets and meant jobs, tax money, and more supply for the world market.

Now Biden has begged Venezuela for more oil.

Biden's pursuit of Venezuelan oil while shunning US energy and Keystone XL slammed: 'climate craziness'

The Biden administration has flirted with lifting oil sanctions on once-shunned Venezuela to temper surging oil prices yet it appears unwilling to encourage investment in domestic energy production.

www.foxbusiness.com

 

[Nostra]

Negative! Too much carbon is too much carbon. Anyone who thinks climate change isn't real goes from a Frankeneinstein to a Frankenstein fucking stupid ass monster.

How many times did the clowns in Davos mention China, Simp?

Zero.

 

[BWK]

Trump left Biden with three consecutive positive GDP quarters.

3d qurater 2020 +33.4%, 4th quarter 2020 +4.3%, and first quarter 2021 +6.1%

If that is an underperforming America I'll take it.

Biden has done more to harm O & G production and has the fewest leases since WW II.

The rig count was at 887 in March 2018 and just before COVID was 664 on March 20, 2020. The high under Biden hit 627 in early December 2022 and is now at 618 as of the January 6, 2023 count.

View attachment 749568

US Oil Rig Count Weekly Insights: Baker Hughes North American Rotary Rig Count | YCharts

In depth view into US Oil Rig Count including historical data from 1987 to 2024, charts and stats.

ycharts.com

By the way, did you know that the oil companies themselves decided to cut production on purpose for a period of time to pay off investors? That's not on Biden.

 

[BWK]

That oil was going overseas means nothing as we export oil now as well.

That oil was in fact going to go to U.S. refineries for cracking into diesel and other products for world markets and meant jobs, tax money, and more supply for the world market.

Now Biden has begged Venezuela for more oil.

Biden's pursuit of Venezuelan oil while shunning US energy and Keystone XL slammed: 'climate craziness'

The Biden administration has flirted with lifting oil sanctions on once-shunned Venezuela to temper surging oil prices yet it appears unwilling to encourage investment in domestic energy production.

www.foxbusiness.com

Oh, it now means nothing, , but you used it as a wedge issue to try and make a point. Guess what, that point failed miserably. Try again.

And one other thing, Keystone equaled dirty tar sands oil. Expensive to refine here.

The Keystone argument of yours stinks. Try again.

 

[meaner gene]

Followed by three straight quarters of growth that Trump left for Joe. Then Joe started his war on energy his first full day after being installed by banning the northern leg of Keystone XL.

You must be math challenged. Trump had -31% drop in GDP in the 2nd quarter. There were only TWO quarters left before Biden took office, not THREE.

And for doing the math. Start the economy at a normalized GDP of 100 (for comparison)
2nd quarter it goes down 31%, or down to 69. Then it goes up 33% or up to 92. So Trump is down $3 trillion, and GDP is still down for the year.

 

[meaner gene]

Trump left Biden with three consecutive positive GDP quarters.

3d qurater 2020 +33.4%, 4th quarter 2020 +4.3%, and first quarter 2021 +6.1%

Dude. First quarter of 2021 was under Biden.

20 days of Trump and 100 days of Biden.

Why the lie about three quarters?

 

[The Banker]

Mr Banker......

Um....If Biden is so concerned about Americas energy disaster under his administration......

Then why is Diesel fuel (the most important fuel for commerce) still sky high ?
Oh what wicked evil and deceptive webs these trolls weave.

maybe Trump's best buddy Putin's war in Ukraine and subsequent total disruption of the global energy market might have had something to do with it.

You comment exposes your clueless ignorance

 

[BasicHumanUnit]

If you have to ask, then how do you know they are wicked, evil, and deceptive?

If you have nothing to add the the conversation then maybe you should go back to your musty dark corner and butt out.

 

[excalibur]

Oh, it now means nothing, , but you used it as a wedge issue to try and make a point. Guess what, that point failed miserably. Try again.

And one other thing, Keystone equaled dirty tar sands oil. Expensive to refine here.

The Keystone argument of yours stinks. Try again.

I didn't say it meant nothing. I said that it going overseas meant nothing. And we could always have kept some of the diesel they produced from that oil in the USA if we needed to.

Who cares if it is dirty oil? Our refineries along the Gulf Coast are masters at cracking it.

Biden begging Venezuela for oil is too funny, too bad you cannot see that.

Keystone was ~800,000 bbls per day into our refineries and then the product from that onto world markets.

 

[BasicHumanUnit]

maybe Trump's best buddy Putin's war in Ukraine and subsequent total disruption of the global energy market might have had something to do with it.

You comment exposes your clueless ignorance

Notice folks......
He's never heard of Gazprom or has any clue that Russia was a major supplier of Gas to Europe.
But in his infinite wisdom has the nerve to call others "ignorant"

OH the irony!

 

[sparky]

The US energy industry is better now than ever before thanks to Biden.

I needed a good LOL today

~S~

 

[Toddsterpatriot]

When Biden took over the us rig count was a low and bad 287 rigs and the US oil production was also very low.
Biden has reversed all of that and the US has ramped up its oil production at a torrid pace.

Reversed it how? By crapping in his Depends?

 

[Toddsterpatriot]

What Is the Keystone XL Pipeline?

How a single pipeline project became the epicenter of an enormous environmental, public health, and civil rights battle.

www.nrdc.org

That oil was going to go overseas. Try again.

It was going to US refineries.

 

[Papageorgio]

That's right, Biden has more than doubled the US oil rig count because energy companies are ramping up production big time under Biden.

Biden inherited an underproducing country from Trump, we only had a meager 287 oil rigs when Biden took over, not good.
Now we 623, more than double, thanks to Biden.
The US oil rig count is set to rise further, thanks to Biden and the US is also building solar and wind installations at a record pace, and the US is producing and exporting record amounts of Nat gas thanks to Biden.

Biden is the energy president, he has made the US the dominant energy producer AND exporter in the entire world. Doubling oil rigs, world leading Nat gas and exports, and ramping up renewable energy.

The US energy industry is better now than ever before thanks to Biden.

United States Baker Hughes Oil Rig Count

Get the U.S. Baker Hughes Oil Rig Count results in real time as they're announced and see the immediate global market impact.

www.investing.com

I thought we are getting away from big oil, now we are for it?

 

[The Banker]

Notice folks......
He's never heard of Gazprom or has any clue that Russia was a major supplier of Gas to Europe.
But in his infinite wisdom has the nerve to call others "ignorant"

OH the irony!

yup nice diversion.

Swing and miss

Putin's war caused the massive surge in all commodities, oil nat gas, wheat, fertilizer,metals etc

If Trump's best buddy Putin didn't start that war, the world would be very different. You're just babbling bullshit because you can't identify this

 

[excalibur]

You must be math challenged. Trump had -31% drop in GDP in the 2nd quarter. There were only TWO quarters left before Biden took office, not THREE.

And for doing the math. Start the economy at a normalized GDP of 100 (for comparison)
2nd quarter it goes down 31%, or down to 69. Then it goes up 33% or up to 92. So Trump is down $3 trillion, and GDP is still down for the year.

Trump left three consecutive sparkling GDP growth quarters to Biden/

The first quarter never has anything to do with a new administration as it is basically baked in as the new policies won't kick in until at least the 2nd quarter.

So yeah, three straight positive quarters of GDP growth. 34.1%, 4.3% and 6.1%. Thank you, President Trump.

 

[Toddsterpatriot]

Oh, it now means nothing, , but you used it as a wedge issue to try and make a point. Guess what, that point failed miserably. Try again.

And one other thing, Keystone equaled dirty tar sands oil. Expensive to refine here.

The Keystone argument of yours stinks. Try again.

And one other thing, Keystone equaled dirty tar sands oil. Expensive to refine here.

And yet the dirty oil is still coming here.
We're still refining it here.

 

[sparky]

Trump left three consecutive sparkling GDP growth quarters to Biden/

sure he did

with the fed's printer on warp 9

~S~