and one more thing when Biden went to the Saudi's to increase production and try to keep prices from going up so fast the reason they said no was not even 6 or 8 months before Trump went to them and threatened to take their Military aid away if the didn't cut production and raise prices.
Or the Russians. He did pave the way for the Nord Stream 2 pipeline after all.....
Pick any pipeline project and there’s people that don’t want it. The Biden Admin is legitimizing anti-pipeline views and are thus anti-pipeline
Blah blah blah. This is leftist justifying Biden raising gas prices. Apparently by leftist voodoo magic somehow canceling oil production doesn’t raise fuel prices, and I love the implication “well this won’t have an impact for ten years” so I guess stealing from the pockets of hardworking Americans ten years from now is suddenly ok.More disinformation from Conservative Treehouse? It's no surprise you are woefully uninformed. Try finding correct data and analysis from some oil and gas website and stay away from politically motivated sources.
1) Shutting down development of ANWAR has no impact on prices NOW. It is development (exploration and drilling) not production.
2) Same with the unfinished Keystone Pipeline.
3) There was a 60 day moratorium on new leases and drilling on federal lands. None of that would have come to market in any short time frame. Not to mention, the oil industry is sitting on millions of leased acres are sitting idle that could be drilled. So there is no shortage of available federal land to poke around on.
4) Again, the sale of energy leases has no impact on the amount of oil that can flow in the short term. Those leases need to be explored and drilled. That takes time time time.
The Oil Industry's Public Lands Stockpile
Oil and gas companies are sitting on millions of acres of idle leases that they've acquired through a rigged system | February 2021storymaps.arcgis.com
5) Again, leases are not active wells. Pausing lease sales does nothing to short term prices.
The reasons for rising gas prices are easy to see. It's supply and demand.
1) Demand is rebounding as economic activity ramps up after the slowdown in 2020. This is true worldwide, not just in the US. European demand has also rebounded.
2) US oil production fell 8% in 2020. Prices were so low due to the pandemic that producers shut down wells at record rates.
3) As production declined so did stockpiles which peaked in July 2020 at 1.2 Billion bbl, and has fallen steadily since then, hitting a low of 1.03 Billion bbl in September 2021.
Challenge lies in choosing which wells to shut in amid the oil downturn
Shutting an oil well in 2020 is relatively easy, and can even be done with a few taps on an iPhone in some cases. Figuring out which to shut, and for how long, is the hard part.www.worldoil.com
4) OPEC significantly curtailed output after a price war last year. The cartel is slow to ramp it back up. They, like US producers, benefit from higher prices. For exmaple, Russis has kept a tight rein on flows to Europe, keeping prices high.
Russia Keeps Europe Guessing With Tight Gas Supplies
President Vladimir Putin said last month that Russia, which supplies almost half of Europe’s gas imports, would boost deliveries to stabilize the market, as prices are high and reserves are low ahead of the European winter.www.wsj.com
Rrbounding demand, lower stockpiles, and a refusal by large producers to ramp up production quickly leads to higher prices. It's super simple and has nothing to do with anything Biden has done.
well they finished pipeline 3 in the end of March after Biden took office and they just started to rebuild pipeline 5
search.yahoo.com
www.theguardian.com
well they finished pipeline 3 in the end of March after Biden took office and they just started to rebuild pipeline 5
doesn't look to anti - pipeline to me
and doing a search on drilling permits for oil and gas wells it doesn't look like Biden is too anti - oil and gas drilling
number of oil and gas drilling - Yahoo Search Results
BILLINGS, Mont. — Approvals for companies to drill for oil and gas on U.S. public lands are on pace this year to reach their highest level since George W. Bush was president, underscoring President Joe Biden's reluctance to more forcefully curb petroleum production in the face of industry and Republican resistance.
The Interior Department approved about 2,500 permits to drill on public and tribal lands in the first six months of the year, according to an Associated Press analysis of government data. That includes more than 2,100 drilling approvals since Biden took office January 20.
Highest levels since GW Bush even higher then Trump
and 80million acres leased in the Gulf of Mexico
yep really looks like he is really anti drillingUS auctions off oil and gas drilling leases in Gulf of Mexico after climate talks
Biden administration launching auction of more than 80m acres for fossil fuel extraction that experts call ‘incredibly reckless’
have a nice day
And ruin a good anti Biden rant? why would the OP or the sheep that piled on want to do that?
If you say so
It doesn’t matter, he doesn’t actively support drilling and his attempts to have it both ways with the environmentalists will hurt him. When was the last time Biden went to an opening ceremony of an oil project? Not while president
Never heard of any other President doing that either.
Because he’s against oil, he should never have suspended new leases at all.
Gas prices need to go dramatically up in the United States... discouraging people from driving everywhere and buying cars that are not fuel efficient should be the goal.Revoking the permits for the [Line 5] pipeline that delivers oil from western Canada across Wisconsin, the Great Lakes and Michigan and into Ontario, would please environmentalists who have urged the White House to block fossil fuel infrastructure, but it would aggravate a rift with Canada and could exacerbate a spike in energy prices that Republicans are already using as a political weapon,” Politico Pro reported. “Killing a pipeline while U.S. gasoline prices are the highest in years could be political poison for Biden, who has seen his approval rating crash in recent months.”
The administration has not yet made a decision about the pipeline,
Sources told Politico Pro that the gathering of information on how shutting down the pipeline could impact fuel prices was only to give the Biden administration a clearer picture of the situation.
Except when it comes to Russian pipelines. Then he's all for 'em!
Well that may be so but it looks like he now has granted the leasing of the most federal land acreage since G W Bush was in office
But he’s not vocally pro oil and is not condemning the environmentalists
but the Government is leasing the most acres of federal lands of any President since GW and he hasn't been in office 1 year yet.
Ok, so what? That doesn’t refute anything I wrote
Nobody was.
Question to the peanut gallery: is it worth my time to respond to this post?
