Biden Lowers Price of Oil

#53
#53
happy-go_vol said:
Why would any oil company want to drill with this type of regime?
Why would investors want to invest with a regime threatening to wipe out the gas companies.

These companies look years down the road Concerning investing money in drill sites, etc... so I understand their reluctantly in committing when you have your idiot dem party demanding they be closed down. This is where reality and ideologue fantasy collide.

the answer is still yes, the government does have influence concerning prices.
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Stop. Just stop. Walk away. You are about to dip your toe into a world of facts that do not support your facebook and twitter bullet points.

Here some reality for you to chew on.

Biden's "regime" approved 34% more oil drilling leases than trump did, in his first year.

https://www.washingtonpost.com/poli...rmits-public-lands-than-trump-analysis-finds/

Trump Bans Oil Drilling Off Florida, Georgia, South Carolina

If you had a lick of common sense you'd recognize that not drilling more and not building refineries is expensive a sh*t and the ROI on that takes decades to recoup. Something that shareholders don't want to wait for.
 
#54
#54
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#55
#55
Septic said:
Stop. Just stop. Walk away. You are about to dip your toe into a world of facts that do not support your facebook and twitter bullet points.

Here some reality for you to chew on.

Biden's "regime" approved 34% more oil drilling leases than trump did, in his first year.

https://www.washingtonpost.com/poli...rmits-public-lands-than-trump-analysis-finds/

Trump Bans Oil Drilling Off Florida, Georgia, South Carolina

If you had a lick of common sense you'd recognize that not drilling more and not building refineries is expensive a sh*t and the ROI on that takes decades to recoup. Something that shareholders don't want to wait for.
Click to expand...

Take a break. All that water must be getting heavy.
 
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#56
#56
MOOOOONEY said:
Take a break. All that water must be getting heavy.
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Facts aren't hard to carry.

I don't like Joe either but trying to pin high gas prices on him not being nice to oil companies isn't that convincing.
 
#58
#58
Septic said:
Stop. Just stop. Walk away. You are about to dip your toe into a world of facts that do not support your facebook and twitter bullet points.

Here some reality for you to chew on.

Biden's "regime" approved 34% more oil drilling leases than trump did, in his first year.

https://www.washingtonpost.com/poli...rmits-public-lands-than-trump-analysis-finds/

Trump Bans Oil Drilling Off Florida, Georgia, South Carolina

If you had a lick of common sense you'd recognize that not drilling more and not building refineries is expensive a sh*t and the ROI on that takes decades to recoup. Something that shareholders don't want to wait for.
Click to expand...

No, companies invest long term, but they'll not invest long term if they're worried about their investments getting tied up due to government red tape and regulations. They're well aware of the cost but would invest if they had assurances the gov doesnt come and end the project.

If you had any sense, you'd know companies don't just invest in the short term. Look, we know you're a Biden boot licker and a dem hack. You got to defend your boy.
 
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#59
#59
Septic said:
Facts aren't hard to carry.

I don't like Joe either but trying to pin high gas prices on him not being nice to oil companies isn't that convincing.
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He said he was gonna put an end to their business. He threatened the livelihoods of thousands of Americans.

He went to Saudi Arabia begging for more oil. He is draining the strategic oil reserves to artificially lower gas prices to save the midterms and put America in a weakened state.

He is a complete disaster. He will go down by far as the worst president in the United States history.

For someone who doesn’t like Joe, you spend a lot of time defending him.

Didn’t you say that Joe was a good man at one point?
 
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#60
#60
Septic said:
Stop. Just stop. Walk away. You are about to dip your toe into a world of facts that do not support your facebook and twitter bullet points.

Here some reality for you to chew on.

Biden's "regime" approved 34% more oil drilling leases than trump did, in his first year.

https://www.washingtonpost.com/poli...rmits-public-lands-than-trump-analysis-finds/

Trump Bans Oil Drilling Off Florida, Georgia, South Carolina

If you had a lick of common sense you'd recognize that not drilling more and not building refineries is expensive a sh*t and the ROI on that takes decades to recoup. Something that shareholders don't want to wait for.
Click to expand...

Trump played politics with EXTENDING the Obama ban on drilling off the coast of FL, GA and SC that was scheduled to end in 2022, so yeah he deserves criticism for that.

But trying to promote Biden has allowed more oil drilling permits per month than Trump in their first year is propaganda at it's worst. The Biden administration approved 633 more leases in 2021 than the Trump administration did in 2020 only after a court threw out Biden's EO pausing all new leases. Also look at where the price of oil was in 2017 compared to 2021.
 
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#61
#61
Septic said:
Facts aren't hard to carry.

I don't like Joe either but trying to pin high gas prices on him not being nice to oil companies isn't that convincing.
Click to expand...
Do you really think that the potato head going to war with the oil and gas industry from his first day in office had a positive effect on bringing down oil prices?
 
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#62
#62
Democrats have been waging war against Big Oil for how many decades now?

This is nothing new.
 
#63
#63
hog88 said:
Trump played politics with EXTENDING the Obama ban on drilling off the coast of FL, GA and SC that was scheduled to end in 2022, so yeah he deserves criticism for that.

But trying to promote Biden has allowed more oil drilling permits per month than Trump in their first year is propaganda at it's worst. The Biden administration approved 633 more leases in 2021 than the Trump administration did in 2020 only after a court threw out Biden's EO pausing all new leases. Also look at where the price of oil was in 2017 compared to 2021.
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Also, after those 600 were approved the majority didn’t use the land at all.
Just a little stat too…Joe got 96% approved vs 98% for Trump.
 
#65
#65
New York and New England start RATIONING Heating Oil before winter as Stockpiles Slump by 70% and fears rise that families will be left in the cold

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter, after stockpiles dropped to a third of their normal levels.

Concerns are rising that supply shortages and soaring prices will leave families in the cold this winter, particularly in New England, which is more reliant on heating oil than other parts of the country.

Chris Herb, president of the Connecticut Energy Marketers Association, told Bloomberg recently that heating oil wholesalers are beginning to limit allocations for retail suppliers.

The rationing measures, intended to prevent panic buying and hoarding, are in turn being imposed on consumers, limiting the amount of heating oil they can purchase, said Herb.

63836247-11353193-image-a-4_1666716036299.jpg

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter. Pictured: A heating oil delivery in Scarborough, Maine last October

New York and New England begin rationing heating oil before winter | Daily Mail Online
 
#68
#68
Franklin Pierce said:
New York and New England start RATIONING Heating Oil before winter as Stockpiles Slump by 70% and fears rise that families will be left in the cold

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter, after stockpiles dropped to a third of their normal levels.

Concerns are rising that supply shortages and soaring prices will leave families in the cold this winter, particularly in New England, which is more reliant on heating oil than other parts of the country.

Chris Herb, president of the Connecticut Energy Marketers Association, told Bloomberg recently that heating oil wholesalers are beginning to limit allocations for retail suppliers.

The rationing measures, intended to prevent panic buying and hoarding, are in turn being imposed on consumers, limiting the amount of heating oil they can purchase, said Herb.

63836247-11353193-image-a-4_1666716036299.jpg

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter. Pictured: A heating oil delivery in Scarborough, Maine last October

New York and New England begin rationing heating oil before winter | Daily Mail Online
Click to expand...

I think "Freezing For Mother Earth" is a solid campaign. We all need to sacrifice.
 
#69
#69
Franklin Pierce said:
New York and New England start RATIONING Heating Oil before winter as Stockpiles Slump by 70% and fears rise that families will be left in the cold

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter, after stockpiles dropped to a third of their normal levels.

Concerns are rising that supply shortages and soaring prices will leave families in the cold this winter, particularly in New England, which is more reliant on heating oil than other parts of the country.

Chris Herb, president of the Connecticut Energy Marketers Association, told Bloomberg recently that heating oil wholesalers are beginning to limit allocations for retail suppliers.

The rationing measures, intended to prevent panic buying and hoarding, are in turn being imposed on consumers, limiting the amount of heating oil they can purchase, said Herb.

63836247-11353193-image-a-4_1666716036299.jpg

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter. Pictured: A heating oil delivery in Scarborough, Maine last October

New York and New England begin rationing heating oil before winter | Daily Mail Online
Click to expand...

Elections have consequences!


B19FC240-0D86-4078-99B8-4E3878D3FF9E.png
 
Last edited:
#72
#72
Franklin Pierce said:
New York and New England start RATIONING Heating Oil before winter as Stockpiles Slump by 70% and fears rise that families will be left in the cold

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter, after stockpiles dropped to a third of their normal levels.

Concerns are rising that supply shortages and soaring prices will leave families in the cold this winter, particularly in New England, which is more reliant on heating oil than other parts of the country.

Chris Herb, president of the Connecticut Energy Marketers Association, told Bloomberg recently that heating oil wholesalers are beginning to limit allocations for retail suppliers.

The rationing measures, intended to prevent panic buying and hoarding, are in turn being imposed on consumers, limiting the amount of heating oil they can purchase, said Herb.

63836247-11353193-image-a-4_1666716036299.jpg

Heating oil suppliers in the Northeast and New England have begun rationing the key fuel ahead of winter. Pictured: A heating oil delivery in Scarborough, Maine last October

New York and New England begin rationing heating oil before winter | Daily Mail Online
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so much winning right now.
 
#75
#75
ClearwaterVol said:
So trumps gets credit for covid lowering oil prices though right?
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Let’s look at how this works. When Clinton was president, anything bad that happened was all Bush’s fault. Anything good was credited to him. When Bush took over, everything bad that happened was his fault and any good was due to Clinton. Obama takes over, everything bad that happened was Bush’s fault. Anything good was because of him. Trump takes over. Everything bad happened it’s his fault. Any good he did was credited to Obama.

Now with demented Biden anything bad is Trumps fault and any good is credited to him. See how this goes?
 
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