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Biden administration freezes new oil and gas drilling leases after court rules against key climate tool

That point is what is known as a "blinding flash of the obvious".

Part of the problem would be to replace the petroleum products that the European countries currently get from Russia. If the US government expects that the European governments are going to let their citizens freeze in the dark while the US not only doesn't suffer but rakes in huge profiteering profits, then the US government is "slightly" incorrect.

Please point out when, between 1950 and 2020, the US went from a "Net Oil Importer" to being a "Net Oil Exporter"




The US economy is also "foreign energy dependent". The difference is that the people that the US economy depends on for its continued prosperity are a whole lot more "nice guys" than the Russians are.
The link that showed the US being a net petroleum exporter in 2020 for the first time since 1949, was in the part of the post you conveniently omitted .
BUT, if you look at your own chart, the area wher the net imports, and imports, drop, with the exports rising, to the point slightly above imports, that would be the point where we became a net exporter. I’m not sure what grade in school covers it, but in the US, if you export more than you import, that’s a net exporter.
 
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Biden thinks somehow, shutting down US gas production will show global warming. It won't. The fossil fuel will come from somewhere. If we can't produce enough gas to share with the Germans, they will burn their own coal, for twice the CO2. Brilliant! Sleepy Joe. Brilliant! Greenie Wackos. Screw the environment and foreign policy all with one stroke of a pen.
 
Right. And people with half a brain understand the societal costs of using carbon based fuel to make EVs and car batteries so the federal government can hand out thousands of dollars (of taxpayer dollars) in subsidies for the privilege of buying an EV.
And more EVs on the road means we need more fossil fuel backup to power the nation when the wind doesn't blow and the sun is not shining. Moreover, those who have EVs will be totally dependent on fossil fuels in order to charge up their EVs on a daily basis.
You do of course understand that the components that go into the making of wind and solar produce toxic waste that has to be disposed of?
 
And they didn't sale because Biden has told the fossil fuel industry he is going to shut them down.
Yeah right. Biden will shut down the fossil fuel industry. How? Why?
 
You do of course understand that the components that go into the making of wind and solar produce toxic waste that has to be disposed of?
I think we are agreeing there is no free lunch when it comes to making and buying EVs that rely on fossil fuels to charge them up.
Making wind and solar panel products also requires a tremendous amount of fossil fuels that must come from somewhere.
 
You do of course understand that the components that go into the making of wind and solar produce toxic waste that has to be disposed of?

Damn hypocrisy knows no bounds.....liars.
 
Get ready for some break the bank recession inducing skies the limit gas prices. Things are going to get bad enough with Russia invading Ukraine and now idiot Biden does this. It’s like he’s trying to destroy America.



“The Biden administration has once again put a pause on new leases and permits for federal oil and gas drilling after a judge blocked the administration from using a metric that estimates the societal cost of carbon emissions”



Prices will rise anyway once Biden cuts off Russiam oil. Democracy is never cheap.
 
I think we are agreeing there is no free lunch when it comes to making and buying EVs that rely on fossil fuels to charge them up.
Making wind and solar panel products also requires a tremendous amount of fossil fuels that must come from somewhere.

"If virtually all passenger cars in Texas were electrified today, the state would need approximately 110 more terawatt-hours of electricity per year — the average annual electricity consumption of 11 million homes. The added electricity demand would result in a 30 percent increase over current consumption in Texas.

By comparison, because of a more temperate climate, California might require nearly 50 percent more electricity than it currently consumes if passenger vehicles in the state were fully electrified. That means California would need to generate an additional 120 terawatt-hours of electricity per year."


From: https://www.inverse.com/article/51486-electric-cars-demand-better-infrastructure


It will take years and huge amounts of fossil fuels to foster thus huge increase in electricity......climate change cultists are making it worse, it seems.
 
I find the sheer quantity of partial truths, cherry-picked data and plain old nonsense posted about oil and gas on forums these days to be wryly humorous. As far as prospecting leases are concerned, two simple questions and their answers should get things back on track.

Question the first. How much time elapses between the opening of lands for bids and actual production from those sites begins?

Question the second. How many oil and gas leases have been awarded by the United States of America that have not yet been drilled?

Regards, stay safe 'n well 'n remember the Big 5.
 
The link that showed the US being a net petroleum exporter in 2020 for the first time since 1949, was in the part of the post you conveniently omitted .
BUT, if you look at your own chart, the area wher the net imports, and imports, drop, with the exports rising, to the point slightly above imports, that would be the point where we became a net exporter. I’m not sure what grade in school covers it, but in the US, if you export more than you import, that’s a net exporter.

I don't suppose Obama lifting the ban on exporting US crude oil in 2015 had anything to do with that...
 
I find the sheer quantity of partial truths, cherry-picked data and plain old nonsense posted about oil and gas on forums these days to be wryly humorous. As far as prospecting leases are concerned, two simple questions and their answers should get things back on track.

Question the first. How much time elapses between the opening of lands for bids and actual production from those sites begins?

Question the second. How many oil and gas leases have been awarded by the United States of America that have not yet been drilled?

Regards, stay safe 'n well 'n remember the Big 5.


Or something simple like when did the US stop banning the export of US crude oil and which president signed that into law....
 
Or something simple like when did the US stop banning the export of US crude oil and which president signed that into law....

Hi, Blue Tex!

A good starting point for those wishing to go down that particular path is: https://www.gao.gov/products/gao-21-118

It does not, however, address the two questions.

Regards, stay safe 'n well 'n remember the Big 5.
 
Hi, Blue Tex!

A good starting point for those wishing to go down that particular path is: https://www.gao.gov/products/gao-21-118

It does not, however, address the two questions.

Regards, stay safe 'n well 'n remember the Big 5.


It's pretty amusing to go back in time and read the discussion of the removal of the ban on DP... @PIPEWRENCH wins by predicting the outcome...

Screen Shot 2022-03-08 at 6.32.48 AM.png

 
It's pretty amusing to go back in time and read the discussion of removing this ban on DP...


Yup! It is.

It does nothing, however, which leads to an answer to the two questions I posed.

Regards, stay safe 'n well 'n remember the Big 5.
 
I find the sheer quantity of partial truths, cherry-picked data and plain old nonsense posted about oil and gas on forums these days to be wryly humorous. As far as prospecting leases are concerned, two simple questions and their answers should get things back on track.

Question the first. How much time elapses between the opening of lands for bids and actual production from those sites begins?

It really depends on the permit holder...


Question the second. How many oil and gas leases have been awarded by the United States of America that have not yet been drilled?

Regards, stay safe 'n well 'n remember the Big 5.


This one is actually tracked... 9,173 as of December 31, 2021...

Screen Shot 2022-03-08 at 6.35.17 AM.png

 
Prices will rise anyway once Biden cuts off Russiam oil. Democracy is never cheap.
If we were still a net oil exporter and energy independent as we were with Trump things would be a lot different.
 
If we were still a net oil exporter and energy independent as we were with Trump things would be a lot different.
How so?

Putin would still be in the Ukraine. Only difference being NATO not quite so harmonious due to Trump's caustic attitude.

And you think a hot head like Trump is a better alternative to the current guy?

Pull the other one 😂
 
How so?

Putin would still be in the Ukraine. Only difference being NATO not quite so harmonious due to Trump's caustic attitude.

And you think a hot head like Trump is a better alternative to the current guy?

Pull the other one 😂
Difference would be price at the pump.
 
The link that showed the US being a net petroleum exporter in 2020 for the first time since 1949, was in the part of the post you conveniently omitted .
BUT, if you look at your own chart, the area wher the net imports, and imports, drop, with the exports rising, to the point slightly above imports, that would be the point where we became a net exporter. I’m not sure what grade in school covers it, but in the US, if you export more than you import, that’s a net exporter.
That the US became a "net petroleum exporter" for a brief period of time is not in dispute.

That that period also coincided with a decline in domestic petroleum consumption is also not in dispute.

That a person who wins $100 on a $10 lottery ticket becomes a "net lottery winner" for a brief period of time is also not in dispute.

That a person who continues to buy $10 lottery tickets will become a "net lottery loser" in the long run is also not in dispute.

Now IF the US can continue to reduce its domestic petroleum consumption so that it remains below its domestic petroleum production, THEN the US will remain a "net petroleum exporter" (assuming that the US government permits it).

The question is "For how long can the US keep its domestic petroleum consumption below its domestic petroleum production?".

Given the recovery in the American economy and the return to a "normal" pattern of domestic petroleum consumption, my suspicion is that the answer is "Not all that long.".

On the other hand, there is always the "war situation" to be considered:

EDCART - 22-03-08 FUEL PRICE HARDSHIP.JPG
 
I think we are agreeing there is no free lunch when it comes to making and buying EVs that rely on fossil fuels to charge them up.
Making wind and solar panel products also requires a tremendous amount of fossil fuels that must come from somewhere.
Not if you get the electricity from "clean" hydroelectric power.

PLEASE NOTE:- Considering the environmental impact of creating mega acre-feet of impoundment areas or the pollution produced in the construction (including the production of the requisite steel and concrete) of the dams required or the environmental impact of the additional high voltage transmission lines or the pollution produced in the construction (including the production of the requisite steel, copper, and concrete) of the additional high voltage transmission lines or the impact of agriculture due to the delayed release of the water required to produce that electricity is not allowed.
 
Prices will rise anyway once Biden cuts off Russiam oil. Democracy is never cheap.
If America is a "net petroleum exporter" and if the cost of petroleum production in the United States of America does not change REGARDLESS of what the international market for petroleum does, then why would it be inevitable that "Prices will rise anyway once Biden cuts off Russiam [sic] oil."?

ANSWER - Because American petroleum producers can raise their own prices whenever they want to and a "panic" caused by "OMG!!!! We are being cut off from Russian oil." gives them every incentive to do so as an increase in price without a concomitant increase in the cost of production means an increase in profits and the managements of the petroleum producers are under a fiduciary duty to increase profits as much as possible.
 
"If virtually all passenger cars in Texas were electrified today, the state would need approximately 110 more terawatt-hours of electricity per year — the average annual electricity consumption of 11 million homes. The added electricity demand would result in a 30 percent increase over current consumption in Texas.
Which would fry the Texas electrical distribution grid as it now exists.
By comparison, because of a more temperate climate, California might require nearly 50 percent more electricity than it currently consumes if passenger vehicles in the state were fully electrified. That means California would need to generate an additional 120 terawatt-hours of electricity per year."
Which would fry the California electrical distribution grid as it now exists.
From: https://www.inverse.com/article/51486-electric-cars-demand-better-infrastructure


It will take years and huge amounts of fossil fuels to foster thus huge increase in electricity......climate change cultists are making it worse, it seems.
An interesting option can be found in


in fact, a sort of similar way, the Sumas Substation

SUMAS POWER STATIONa.JPG

on the BCER "stored" electrical energy because of the massive flywheels attached to its generators. The whole system was fed electricity at a constant rate from the Stave Falls dam and also from the electric trolley cars when they were using "regenerative braking". The power fed to the substation was NOT sufficient for peak operation, but the flywheel generated electricity made up for the deficit (as well as revving up the flywheel when the power demand for the trolley cars was lower than the electricity delivered from the dam.

BTW, the former substation is now a private residence and has been "slightly" renovated.

SUMAS POWER STATIONb.JPG
 
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