Will Biden's moratorium on new oil and gas leases on federal lands cause gas prices to increase?

[surada]

What's with this weird lie that gas prises are "rising"?

Gas prices are lowering. Gas was nearly $3.75 in Texas in 2008.

EDIT: for reference, I filled up earlier this week and it's $2.49/ga right now.

In PA, it was 2.27/ga when Biden took over. I just hit $3.00. It is going up all over the country. Your little anecdotal post, which is probably a lie, doesn't mean squat.

Texas closed for a week.

OMG that is so simple minded....the gasoline we are pumping into our cars today left the refinery months ago....the freeze will bring costs up but not for 3-6 months from now....
what is causing gas to go up is the rhetoric from Biden....he is scaring the shit out of the oil industry...and they are packing the money away to battle Biden in court....

Yeah you live in a different world? Gas prices fluctuate quickly. War starts in Middle East and it will be up drastically the next day, possibly that evening.

Kill a pipeline and thousands of jobs.............prices go up.

Kill drilling on Federal land and water..........prices go up.

The Keystone pipeline would employ about 40 people once it was finished.. 2000 pipeline workers to build it. Its an export pipeline for exporting specialty products abroad and not paying US taxes..

Big oil rarely or never drills on Federal Land because of the regulations.

Prices are going up because covid is on the wane and demand is returning to normal. Cheap gas will put domestic producers out of business. The US has the highest lift costs in the world.

Why do you keep repeating such ignorance?

 

[Nostra]

What's with this weird lie that gas prises are "rising"?

Gas prices are lowering. Gas was nearly $3.75 in Texas in 2008.

EDIT: for reference, I filled up earlier this week and it's $2.49/ga right now.

In PA, it was 2.27/ga when Biden took over. I just hit $3.00. It is going up all over the country. Your little anecdotal post, which is probably a lie, doesn't mean squat.

Texas closed for a week.

OMG that is so simple minded....the gasoline we are pumping into our cars today left the refinery months ago....the freeze will bring costs up but not for 3-6 months from now....
what is causing gas to go up is the rhetoric from Biden....he is scaring the shit out of the oil industry...and they are packing the money away to battle Biden in court....

Yeah you live in a different world? Gas prices fluctuate quickly. War starts in Middle East and it will be up drastically the next day, possibly that evening.

Kill a pipeline and thousands of jobs.............prices go up.

Kill drilling on Federal land and water..........prices go up.

The Keystone pipeline would employ about 40 people once it was finished.. 2000 pipeline workers to build it. Its an export pipeline for exporting specialty products abroad and not paying US taxes..

Big oil rarely or never drills on Federal Land because of the regulations.

Prices are going up because covid is on the wane and demand is returning to normal. Cheap gas will put domestic producers out of business. The US has the highest lift costs in the world.

Why do you keep repeating such ignorance?

If it is "rare" for us to drill for fossil fuels on federal land/water, why is it we get about 25% of it from federal lands/water

 

[healthmyths]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

I can't imagine the current rise in prices has much to do with it. There is a lot of lead time between getting permits and actual production.

The oil majors really don't want to drill on Federal lands. The regulations have always been ornerous.. even back during the Bush presidency..

So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

 

[healthmyths]

What's with this weird lie that gas prises are "rising"?

Gas prices are lowering. Gas was nearly $3.75 in Texas in 2008.

EDIT: for reference, I filled up earlier this week and it's $2.49/ga right now.

In PA, it was 2.27/ga when Biden took over. I just hit $3.00. It is going up all over the country. Your little anecdotal post, which is probably a lie, doesn't mean squat.

Texas closed for a week.

OMG that is so simple minded....the gasoline we are pumping into our cars today left the refinery months ago....the freeze will bring costs up but not for 3-6 months from now....
what is causing gas to go up is the rhetoric from Biden....he is scaring the shit out of the oil industry...and they are packing the money away to battle Biden in court....

Yeah you live in a different world? Gas prices fluctuate quickly. War starts in Middle East and it will be up drastically the next day, possibly that evening.

Kill a pipeline and thousands of jobs.............prices go up.

Kill drilling on Federal land and water..........prices go up.

The Keystone pipeline would employ about 40 people once it was finished.. 2000 pipeline workers to build it. Its an export pipeline for exporting specialty products abroad and not paying US taxes..

Big oil rarely or never drills on Federal Land because of the regulations.

Prices are going up because covid is on the wane and demand is returning to normal. Cheap gas will put domestic producers out of business. The US has the highest lift costs in the world.

Why do you keep repeating such ignorance?

Big oil rarely or never drills on Federal Land because of the regulations.
So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

U.S. oil and natural gas production to fall in 2021, then rise in 2022 - U.S. Energy Information Administration (EIA)

www.eia.gov

 

[healthmyths]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

The world is awash in oil NOW without drilling on Federal lands.

Maybe you should tell these people...
Joe Biden's oil and gas moratorium is expected to have long-term effects on Louisiana's economy

Why Joe Biden's oil and gas moratorium is expected to have long-term effects on Louisiana's economy

A wide-ranging moratorium on new oil and gas leases on federal land and water that is expected Wednesday from President Joe Biden could have a long-ranging impact on Louisiana’s economy

www.theadvocate.com

 

[healthmyths]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

The world is awash in oil NOW without drilling on Federal lands.

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. This doesn't mean anything to you does it? So if future oil leases that contributes 25% of oil i.e. federal leases are discontinued... that will reduce the
"world awash in oil"... meaning the price of gas goes up!

 

[Dekster]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

I can't imagine the current rise in prices has much to do with it. There is a lot of lead time between getting permits and actual production.

The oil majors really don't want to drill on Federal lands. The regulations have always been ornerous.. even back during the Bush presidency..

So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

About half of leases on federal land never get developed. They don't even get test wells. Lot of speculation in the oil and natural gas lease field.

 

[Sunsettommy]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

I can't imagine the current rise in prices has much to do with it. There is a lot of lead time between getting permits and actual production.

The oil majors really don't want to drill on Federal lands. The regulations have always been ornerous.. even back during the Bush presidency..

So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

About half of leases on federal land never get developed. They don't even get test wells. Lot of speculation in the oil and natural gas lease field.

"About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data"

bolding/size mine

 

[Dekster]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

I can't imagine the current rise in prices has much to do with it. There is a lot of lead time between getting permits and actual production.

The oil majors really don't want to drill on Federal lands. The regulations have always been ornerous.. even back during the Bush presidency..

So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

About half of leases on federal land never get developed. They don't even get test wells. Lot of speculation in the oil and natural gas lease field.

"About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data"

bolding/size mine

Cool you have learned how to play with fonts. Perhaps you can learn to make your own sentences with your own thoughts or information at the rate you are going.....

 

[Nostra]

surada gone.

 

[Mac-7]

It does indeed. Todays fuel is refined from reserves that were bought at a lower price. When you start to restrict access those companies know that getting it out of the ground in the future will cost more, they the prices immediately to counteract the coming rising costs.

Obama told us that the plan is to drive up the cost of fossil fuels

the left are very open about it

 

[surada]

surada gone.

What do you mean gone?

 

[surada]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

I can't imagine the current rise in prices has much to do with it. There is a lot of lead time between getting permits and actual production.

The oil majors really don't want to drill on Federal lands. The regulations have always been ornerous.. even back during the Bush presidency..

So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

About half of leases on federal land never get developed. They don't even get test wells. Lot of speculation in the oil and natural gas lease field.

Yep.. Is it half? I knew it was counted in thousands of leases.

 

[Claudette]

What's with this weird lie that gas prises are "rising"?

Gas prices are lowering. Gas was nearly $3.75 in Texas in 2008.

EDIT: for reference, I filled up earlier this week and it's $2.49/ga right now.

Boy are you stupid. In 2008 some folks were paying $5.00 gallon. That was Obama's great economy.

The price of gas has been way down and two months ago I paid $1.50 for gas. Today its almost $3 a gallon.

 

[surada]

What's with this weird lie that gas prises are "rising"?

Gas prices are lowering. Gas was nearly $3.75 in Texas in 2008.

EDIT: for reference, I filled up earlier this week and it's $2.49/ga right now.

Boy are you stupid. In 2008 some folks were paying $5.00 gallon. That was Obama's great economy.

The price of gas has been way down and two months ago I paid $1.50 for gas. Today its almost $3 a gallon.

LOLOL.. The price per barrel was HIGH on the world market in 2008 that's why exploration and drilling increased so dramatically. Do you understand the realities here. See Sept 2008 on the chart below.

 

[citygator]

Good news for you righties.. the economy is about to take off under a a Democrat again and there will be some price inflation. You can go back to ignoring economic growth, stock growth, and deficit reduction under Biden in years 2-4 and focus on gas moving off practically a 10 year low.

 

[wamose]

The truth is that this is just the beginning of the skyrocketing oil prices and it's all on Biden. But he doesn't care because he's stupid. He's like some dude who demolishes his house without having any other place to live. In a year or two nobody will be able to heat or cool their houses. That's when the shit will hit the fan. Democrats are unfit to rule.

 

[Dekster]

Gas prices continue to increase, with the national average up nine cents on the week to $2.72. That is a 30 cent increase from the beginning of February, 28 cents more than a year ago and the most expensive daily national average

AAA Gas Prices

If the rate continues at even half or 15% per month a year from now? At least $11/gal...(close to what Obama wanted..equal to Europe).

Tue January 26, 2021
President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans. The move is expected to be the most prominent in a series of climate actions the President will take on Wednesday, including elevating the climate crisis as a national security issue.

Biden to halt new oil and gas leases on federal lands Wednesday | CNN Politics

President Joe Biden is set to order a moratorium on new oil and gas leases on federal lands on Wednesday, according to a person familiar with his plans.

www.cnn.com

Killing more Texas jobs," Brady said in a Jan. 22 tweet. "After killing #KeystoneXL pipeline, #Biden suspends new oil/gas leasing on fed lands/water. If permanent, 120,000 TX jobs lost. 120,000 MORE jobless. Pssst... aren't you supposed to CREATE jobs?"

Biden’s move will have a disproportionate effect on states with large swaths of federal lands used for oil and gas activity. New Mexico, for instance, has 24 million acres of federal land, or about 32% of the state’s total land mass; Wyoming has 29 million federally owned acres, or about 47% of the state.

Fact-check: Will Biden’s drilling ban on federal leases 'kill' 120,000 Texas jobs?

U.S. Rep. Kevin Brady, R-Texas, expressed concern over how Biden's ban on federal land leasing would impact jobs in Texas’ oil and gas sector.

www.statesman.com

Oil from federal lands tops 1B barrels as Trump eases rules

Oil from federal lands tops 1B barrels as Trump eases rules

BILLINGS, Mont. (AP) — Oil production from U.S.- managed lands and waters topped a record 1 billion barrels last year, federal officials said Tuesday, as technological advances helped drive development in new areas and the Trump administration eases rules on the industry. The production figure...

apnews.com

About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data

I can't imagine the current rise in prices has much to do with it. There is a lot of lead time between getting permits and actual production.

The oil majors really don't want to drill on Federal lands. The regulations have always been ornerous.. even back during the Bush presidency..

So what does this represent?
About a quarter of U.S. oil and an eighth of the nation's natural gas is produced on federal lands. In Colorado, the Bureau of Land Management had leased 2.5 million acres to oiland gas companies through 2019, according to federal data
If they don't want to then why how does 25% of US oil come from federal lands?

About half of leases on federal land never get developed. They don't even get test wells. Lot of speculation in the oil and natural gas lease field.

Yep.. Is it half? I knew it was counted in thousands of leases.

" Oil and gas production was occurring on less than half of the more than 26 million acres of land already under a federal lease by the end of fiscal 2019, according to the most recent federal Bureau of Land Management data, which doesn’t include millions of acres leased in the Trump administration’s final year. " Oil, Gas Industry Stockpiled Drilling Leases Before Biden ‘Pause’

 

[CowboyTed]

Seriously no fucking clue on this thread how Global gas prices are set...

Do some of the idiots on this thread know that US sell Gas aboard and will continue to sell it aboard if they get better prices...

This is called a global market... There is a global price for gas....

And Biden giving or restricting Federal land has minimal effect..

 

[struth]

Well, we got our answer....yes Biden's policies have caused gas prices to skyrocket.....hurting the poor and middle class Americans the most....and driving up the cost of products and services...thanks Xiden....making China great again..