High gas prices worth it for ‘future of liberal world order’ Biden adviser says.

And I'll add one thing to that....

I so wish the founding fathers would have written into the Constitution that all public office is for one term only.... That's it.... Never again can you serve... So that you can serve again only to enrich yourself.

Enough of these entrenched career politicians.

 

The democrat motto : You will own nothing and be happy.

 

Where is the electricity production to charge up
all those EVs of the new world order?

Moi
Support Hydrogen

​

 

Ha! NEVERTHELESS, why didn't we have this situation a little over a year ago when Donald Trump was still president? Do you think it's just POSSIBLE that the Biden regime and its avowed threat of extermination for the oil and gas industry has had ANYTHING to do with the situation...? Link: https://www.foxbusiness.com/politic...prices-promise-republican-study-comittee-memo

 

I have already said that Biden was partially responsible, along with requests from the prior administration that reduced output from OPEC, as well as environmental regulations and the Ukraine war. Greed is also playing a huge factor — look at the profit margins on the refineries.

 

Do you understand that during Trump's presidency we were so energy-productive that we were an EXPORTER... not a bunch of sadly fugged-over consumers forced to live with a totally unnecessary handicap!

 

We are still in exporter, much of the oil that we drill here must be shipped to other countries because it does not meet our needs.

If we were truly “energy independent“ then Trump wouldn’t have gone to foreign nations, enemy foreign nations, and beg them to reduce production so that it did not destroy our market. The only way we will ever be self-reliant is a massive infrastructure buildup of fossil fuels especially refineries but the gas companies have already said they are not interested in doing that because it will affect shareholder pricing. We would also have to have a complete gutting of environmental regulations so we can even use this fuel.

Or we can invest in future technologies that will allow us to be both energy independent as well as reduce the pollution levels that are children and grandchildren will be forced endure.

 

With every problem that comes up, the left claims the responsibility lies with Emmanuel Goldstein (Trump) or Eurasia (Russia). The white supremists and insurrectionist that liberals constantly talk about are Orwell's Brotherhood.

 

Russia decided to invade Ukraine. Biden decided to sanction, not Russia. The sanctions are why we pay more. Biden said so. He also said to expect food shortages as a consequence of his actions to counter Putin. And like I said on day one, all this will result in is more Ukrainian deaths and I pay more for a few years. Oh, and maybe mass starvation for poorer countries around the world.

#NOTWORTHIT

 

Some of what you say is true, but the overriding fact is that when you are a big-time EXPORTER, you have leverage and 'quid pro quo' bargaining power on the entire international scene.

We've had a big need for new refineries for more than thirty years but that always gets shot down.

But now look at us! And the hyperliberals in Biden's regime tell us, "Too bad, so sad... you have to live with this situation indefinitely -- so -- have a nice day...."

 

Biden isn’t the only person sanctioning Russia. I find it odd that so many of the pro life crowd are perfectly fine with innocent foreign nations being invaded. If we are just going to let atrocities happen we need to recall our military, slash its budget and make them purely defensive.

 

Once again, I cannot help but agreeing with you somewhat... and I would especially want to see U. S. military force used to keep ALL foreign invaders of ALL kinds -- including 'asylum-scammers', cartel criminals and other crap completely OUT of our country. That would be a very badly needed defensive use of our military!

 

Please list the mandates the Trump administration initiated? It was the left the eviscerated him because he refused to initiate mandates.

 

Trump was head of the Federal government, every agency, including CDC. He mandated the shutdown and did not veto but signed, the COVID bailout.
If you are suggesting that the democrats not in control controlled him like a puppet, you are confusing the dems with the Russians.

 

Except these sanctions haven't turned the tide of the battle. The very remarks quoted in fact prove the weakness of the sanction system. If the Russians take Ukraine and approach NATO then all this did was hurt the US/Europe while 'taking a stand!'

 

Disingenuous discourse by asking for a source of your claim? How liberal of you.

Once again, you continue to parade a lie and then deflect with another "straw man" rebuttal when asked for a source. Quite unintelligent but totally expected.

Again I'll ask... What lock down mandate did Trumps administration initiate?

 

It's not a claim it's common sense with critical thinking. The lockdown occurred under the Trump Admin and was enacted through the CDC which Trump was in charge of. Now, enough straw man grasping with your disingenuous deflection denial posts. I try not to suffer foolishness, intentional or not.

 

Russia doesn't really have anything to do with it we don't get much oil from them.

If you were talking about Germany's and yes maybe.

There is almost no domestic drilling going on and it's not because of Russia or covid it's because of our president. He campaigned on crushing the petrochemical industry that was his thing he said it over and over and over again so a wide risk hundreds of millions of dollars to prospect for oil when the political system is against you.

We could very easily have energy Independence but the Democrats for whatever reason hate the energy industry maybe it's out of spite because they're stupid little windmills didn't work.

 

They might not have changed the outcome but they have irreparably damaged the Russian economy — many of their close trading partners are looking to permanently end relations with them. I really don’t see NATO working with Russia in the future and their border exposure has doubled due to this.

 

Lock downs did occur during the Trump administration but at the very least, the majority of those with actual common sense understand that those lock downs were NOT mandated by the federal government and was a state by state decision based on CDC Stay at home recommendations.

You should really put the thesaurus down as you are starting to make yourself look asinine and silly as you continue to be coy and evasive without posting evidence supporting your claim.

 

That simply isn’t true.


OPEC however is down about 3 million BPD from the beginning of COVID. They pulled 10 million BPD at the request of the previous administration.

I don’t understand how some very smart posters here can ignore they shut down a significant amount of production around the world and there are limits to how quickly they can ramp up production. Not to mention they are making higher profit margins and have no real incentive to do so.

 

So now that gasoline is nearing 6 dollars a gallon there isn't any money in drilling?

People would be drilling if they could. This is the time when fortunes are made.

There must be some of the reason why they're holding off. I'm betting it's the president that ran on a campaign of painting at Target on the industry's back.

 

If they drilled heavily what would happen to the price of gas? What would happen to their profit margins?

The CEO’s of these firms have outright said their goal is shareholder profits and they have no desire to open new refineries that would actually decrease price at the pump.

Biden is the useful idiot they can blame

 

drilling companies or refining companies? I imagine they would increase. For both having more raw material available to find the fineries would spend less purchasing crude. And have higher percentage even if they're selling it for less money a gallon

which firms the ones that refine it or the ones that drill it?

If you sell more product and are able to purchase the wrong materials for less you make more money.

Biden is the cause. Isn't it uncanny how the second he got elected gas prices started shooting up? Why didn't these firms give a crap about money and 2018?

I think your ideas on this certain extraordinarily uninformed and mostly just political.

 

Both:
"Whether it's $150 oil, $200 oil or $100 oil, we're not going to change our growth plans," — Scott Sheffield, CEO of Pioneer Natural Resources

Pioneer, along with Devon Energy and Continental Resources, will be "very thoughtful in ramping activity up" after many boom-and-bust cycles — Rick Muncrief, CEO of Devon Energy

"One of the primary objectives we've had ... is less about volume and volume targets and more about the quality and profitability of the barrels that we're producing," — Darren Woods, CEO of Exxon

As long as the end price doesn’t decrease too severely.

They did, we have had numerous spikes throughout history. Supply was cut because there was low demand. Are you really saying Biden is responsible for OPEC cutting supply and not increasing it back to prior levels? Is he to blame for the global shortage?

I have listened to people actually involved in the industry. It is ironic that you state this while expressing only a simplistic opinion while I have sources, charts and direct quotes from these people making these decisions.

You do you though.