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Maybe they could turn profitable again if money was put in to them that the oil companies don't want to put in. Just saying, again, if the government is going to spend money plugging them up, why don't they use that same money to open them back up? It would help make us more energy independent and help decrease American's energy costs.First, we are energy independent.
I can't speak to the mines, but the wells, well the government is not in the oil business. If those wells were profitable then they probably would not have been abandoned.
Thank you for showing off what a double dumbass dumbfuck you truly are. I appreciate it. That was great, you really have way with insults.Let me tell you what I know, you dumbass Moon Bat.
The US was energy independent when Trump was President.
Then that piece of Chinese owned shit Potatohead stole the 2020 election and he had promised the Environmental Wacko lobby that he would shut down fossil fuel production in the US and he done everything possible to accomplish that promise. Including draining the SPR and giving his Chinese buddies our oil when the price is well over $4 a gallon at the pump. Including making sure that existing wells could not be recovered in the future. Despicable, isn't it?
You Moon Bats that voted for that peice of shit and then gloated when he stole the election are absolute morons. Shame on you assholes!
I was trying to get the lefties to say this but they were too chicken to say it.To understand Potatohead doing things like this you just have to remember his promise to his Environmental Wacko buddies to stop all fossil fuel production in the US. Just one more step in America's coffin.
There is quite a good record of being able to get more oil out of previously depleted oil wells and Potatohead wanted to prevent that in the future. Very dumbass thing to do.
The oil companies have been slow walking their increase in production to maximize their profits.Maybe they could turn profitable again if money was put in to them that the oil companies don't want to put in. Just saying, again, if the government is going to spend money plugging them up, why don't they use that same money to open them back up? It would help make us more energy independent and help decrease American's energy costs.
What does that have to do with anything? All I said was if the government was going to spend money plugging up wells and mines, why don't they spend that same money opening some of them back up? Right now we need energy independence and cheaper energy, which could be accomplished by spending the money one way instead of the other.The oil companies have been slow walking their increase in production to maximize their profits.
They lost a lot of money, and laid off a lot of workers, during the pandemic.
The price of oil actually went negative for a while.
Oil companies are beholden to their shareholders, not the public.
One example:
Chevron raises buybacks and says exposure to Russia is limited
Major oil companies are responding to a jump in profits this year from higher oil and gas prices by giving back more cash to shareholders, many of whom have been frustrated by years of low returns.
So far, most shale operators have signaled that they plan to put capital returns above output growth, even as U.S. oil prices crossed $100 per barrel earlier this week.
Who said the government plugged up the wells? The oil companies did. The price of oil went negative for a while, so they cut back on production.What does that have to do with anything? All I said was if the government was going to spend money plugging up wells and mines, why don't they spend that same money opening some of them back up? Right now we need energy independence and cheaper energy, which could be accomplished by spending the money one way instead of the other.
I remember the Bone Spurs promised to complete the WALL, and Mexico would pay for it.o understand Potatohead doing things like this you just have to remember his promise to his Environmental Wacko buddies to stop all fossil fuel production in the US.
It's hilarious when Flash is wrong, but doubles down on blind ignorance.What a shame not one Trumptard has been informed of this by their MAGA propagandists.
You've been gaslighted, rube. You people keep parroting this tired bullshit. You should be asking yourselves why your propagandists have not told you this:To understand Potatohead doing things like this you just have to remember his promise to his Environmental Wacko buddies to stop all fossil fuel production in the US. Just one more step in America's coffin.
There is quite a good record of being able to get more oil out of previously depleted oil wells and Potatohead wanted to prevent that in the future. Very dumbass thing to do.
You didn't even read the article. No one said the government plugged up the wells. The government is going to plug up the wells because the oil companies did not. It's part of their infrastructure bill. I'm saying that instead of spending that money to plug up the wells, spend the money opening them back up instead.Who said the government plugged up the wells? The oil companies did. The price of oil went negative for a while, so they cut back on production.
Maybe they could turn profitable again if money was put in to them that the oil companies don't want to put in. Just saying, again, if the government is going to spend money plugging them up, why don't they use that same money to open them back up? It would help make us more energy independent and help decrease American's energy costs.
Where is your rebuttal to the recent news that your propagandists aren't telling you?The US was energy independent when Trump was President.
U.S. Energy Independence Has Grown
Using the definition of exports minus imports, 2021 was our highest level of energy independence in history.
What a shame not one Trumptard blasted this news. What a shame not one Trumptard has been informed of this by their MAGA propagandists.
There is really no such thing as “energy independence” in any sort of practical way. The goal is to pump a bunch of oil into the global market to keep prices low, then we buy oil off that same market. This keeps the west less susceptible to market manipulation by OPEC and catastrophic events like war and coinciding energy cost increases.U.S. Energy Independence Has Grown
Using the definition of exports minus imports, 2021 was our highest level of energy independence in history.
What a shame not one Trumptard blasted this news. What a shame not one Trumptard has been informed of this by their MAGA propagandists.
You dumb confused Moon Bat.Thank you for showing off what a double dumbass dumbfuck you truly are. I appreciate it. That was great, you really have way with insults.
The US is still energy independent today and more so than under the Trumpyberra.
The US has steadily increased oil production since the late summer of 2020. Worst shut down of fossil fuel production ever. We're the leading fossil fuel producer in the world.
ycharts.com
| US Crude Oil in the Strategic Petroleum Reserve Stocks is at a current level of 371.58M, unchanged from 371.58M last week and down from 584.83M one year ago. This is a change of 0.00% from last week and -36.46% from one year ago. Historically 
Biden shrinks Strategic Petroleum Reserve to lowest level since 1980sBiden's decision to tap into the reserve may have helped lower gasoline prices from their $5 highs in June.
www.axios.com
The Biden administration is on pace to dump millions of barrels of crude oil on the market, shrinking the nation's oil reserve to its low level since 1984. Why it matters: Biden's decision to tap into the reserve may have helped lower gasoline prices from their $5 highs in June. Context: The Biden administration hasn't been shy about authorizing oil releases.
Notice the sharp drop off in the graph from when you idiots let Potatohead get away with stealing the 2020 election. Just like he promised his Environmental Wacko buddies that he would do. You inbred Moon Bats were idiots voted for that shithead and then ignoring the fact he stole the 2020 election from the American people. |
Sure there is. It's measure by subtracting your energy exports from your energy imports. Here's a great chart where you can see all those years where we were energy dependent. Then in Oct 2019.....There is really no such thing as “energy independence” in any sort of practical way. The goal is to pump a bunch of oil into the global market to keep prices low, then we buy oil off that same market. This keeps the west less susceptible to market manipulation by OPEC and catastrophic events like war and coinciding energy cost increases.
But, we need to be extracting much more oil and natural gas and putting more on the market instead of less. This means continued investment in energy production.
Why do you believe that biden has anything to do with the planning and execution of the Fake-Stolen Election?when you idiots let Potatohead get away with stealing the 2020 election.
