Why "drill baby, drill" has a direct affect on all our lives!

[healthmyths]

While most of car drivers know that gas prices affect you, BUT most of you aren't aware of the effect of oil prices for 6,000+ products and the delivery costs of these products.
The percentage of costs involved in delivering goods and services can vary widely depending on the industry, business model, and specific delivery methods, but generally falls within a range of 10% to 25% of the total product or service cost, with e-commerce companies often experiencing higher percentages due to the complexities of last-mile delivery.

What is Cost Of Delivery | Prohance

Find the details about Cost Of Delivery and how it helps improve business processes and employee productivity

www.prohance.net

 

[Woodznutz]

Another interesting factoid. Twenty percent of these fuels are needed to produce and transport the other eighty percent.

 

[IM2]

Biden was alrady drilling record amounts.

 

[Woodznutz]

Biden was alrady drilling record amounts.

Trump wants more so we can sell to Europe and free them from reliance on Russia.

 

[BluesLegend]

OMG but global warming...oh wait this just in from Florida...Florida sees heaviest snowfall in state's history

 

[healthmyths]

Biden was alrady drilling record amounts.

No! All the drilling done during Biden’s was on Non-federal land!
Biden banned millions of acres of federal that historically produced almost 25%of all oil production! Hence gas/diesel prices stayed higher soil companies had less federal leases.
What leases that were in production were signed by Trump.
Biden signed fewer leases before banning drilling than any previous administration!
Remember Biden "I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM


NOTE!!! Trump's Covid year 2020 Trump signed 57 fewer leases THAN BIDEN SIGNED IN 4 YEARS...
Biden signed in 4 years 956 leases Trump signed 4,975 leases --- Biden 956 or 80.7% FEWER leases than Trump's 4,975!

 

[Moonglow]

Trump wants more so we can sell to Europe and free them from reliance on Russia.

So these people in the oil industry want to earn less by drilling more?

 

[TimFitz]

You made the claim that pumping oil on federal land make up 25% of oil production.

That is clearly not true.

Wondering where you got it from.

 

[Billiejeens]

Biden was alrady drilling record amounts.

So uninformed

 

[Moonglow]

No! All the drilling done during Biden’s was on Non-federal land!
Biden banned millions of acres of federal that historically produced almost 25%of all oil production! Hence gas/diesel prices stayed higher soil companies had less federal leases.
What leases that were in production were signed by Trump.
Biden signed fewer leases before banning drilling than any previous administration!
Remember Biden "I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM


NOTE!!! Trump's Covid year 2020 Trump signed 57 fewer leases THAN BIDEN SIGNED IN 4 YEARS...
Biden signed in 4 years 956 leases Trump signed 4,975 leases --- Biden 956 or 80.7% FEWER leases than Trump's 4,975!
View attachment 1069648

Wrong.

E&E News: Biden administration oil drilling permits outpace Trump

Data from the Interior Department’s Bureau of Land Management showed it granted 3,377 permits to drill on public land in 2023.

subscriber.politicopro.com

 

[Robert W]

Biden was alrady drilling record amounts.

Because courts forced him to. But he also put oil at sea off our coasts shut down.

 

[Moonglow]

Because courts forced him to. But he also put oil at sea off our coasts shut down.

Which court forced him to drill more, the US government is not in the business of oil production

 

[Stann]

Because courts forced him to. But he also put oil at sea off our coasts shut down.

In areas where it could easily create a catastrophe. Common sense.

 

[TimFitz]

So these people in the oil industry want to earn less by drilling more?

This "drill baby drill" nonsense is so ridiculous.

Oil prices are not going to drop significantly until demand does.

As the electrification of infrastructure and motor vehicles moves ahead in China and the EU, worldwide demand will start to drop.

25 years ago, the great fear was "peak oil". Meaning that existing oil fields were nearing their peak production and that rapid declines would follow.

This was one of the reason why the United States started a war in Iraq (which then had the 2nd largest proven reserves).

Fast forward to today. "Peak oil" no longer refers to the supply of oil, but rather, to the demand for it.

A peak which is expected around 2030.

Trump's reversal and retreat are a last ditch effort to push that date farther out.

 

[SassyIrishLass]

The United States can easily become energy independent.

It curious why the left opposes it

 

[Moonglow]

The United States can easily become energy independent.

It curious why the left opposes it

We already are

 

[Woodznutz]

So these people in the oil industry want to earn less by drilling more?

They want more oil to meet increasing demand and to supply new markets.

 

[SassyIrishLass]

We already are

Evidently not. But you're too Fckn stupid to have it explained to you and the dumbass Stann

 

[Moonglow]

They want more oil to meet increasing demand and to supply new markets.

Which market is new,?

 

[Stann]

The United States can easily become energy independent.

It curious why the left opposes it

The right opposes renewables. That is the only thing that could make US energy independent. There isn't enough fossil fuels left to make US function stall for much longer.