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Oil industry debunks Biden admin's narrative meant to deflect from hostile policies as gas prices skyrocket | Blaze Media
As gas prices skyrocket, the Biden administration has been blaming oil companies for a lack of domestic production, a narrative that deflects from the administration's policies that are hostile toward fossil fuels. But representatives for the oil industry say the Biden administration is not...www.theblaze.com
They absolutely know this is a dishonest deflection, yet double down on it.
Did you even read your link?Oil industry debunks Biden admin's narrative meant to deflect from hostile policies as gas prices skyrocket | Blaze Media
As gas prices skyrocket, the Biden administration has been blaming oil companies for a lack of domestic production, a narrative that deflects from the administration's policies that are hostile toward fossil fuels. But representatives for the oil industry say the Biden administration is not...www.theblaze.com
They absolutely know this is a dishonest deflection, yet double down on it.
Of course he will blame Biden now. Team trump has no honor or pride."There are 9,000 approved drilling permits that are not being used," Psaki repeated on Monday. "So the suggestion that we are not allowing companies to drill is inaccurate. The suggestion that that is what is hindering or preventing gas prices to come down is inaccurate."The claim deflects from the administration's policies hostile toward fossil fuels. Even as gas prices skyrocket to historic highs, the Biden administration is looking internationally — to Venezuela and Saudi Arabia — to supply American oil needs, instead of working to empower domestic producers.Oil industry debunks Biden admin's narrative meant to deflect from hostile policies as gas prices skyrocket | Blaze Media
As gas prices skyrocket, the Biden administration has been blaming oil companies for a lack of domestic production, a narrative that deflects from the administration's policies that are hostile toward fossil fuels. But representatives for the oil industry say the Biden administration is not...www.theblaze.com
Are they using the leases or are they not?
saying something that doesn't support a Trumpist narrative ≠ "deflecting".
At any rate, we are now embargoing Russian oil. You called for it. Are you going to also be blaming Biden for high oil prices?
Oil industry debunks Biden admin's narrative meant to deflect from hostile policies as gas prices skyrocket | Blaze Media
As gas prices skyrocket, the Biden administration has been blaming oil companies for a lack of domestic production, a narrative that deflects from the administration's policies that are hostile toward fossil fuels. But representatives for the oil industry say the Biden administration is not...www.theblaze.com
They absolutely know this is a dishonest deflection, yet double down on it.
Did you?Did you even read your link?
Yes. Did you?Did you?
Pure bs. The biden admistration knows full well why those leases are not being used. It's a dishonest deflection pure and simple.That article is one big whine. They couldnt even deny that they arent using the 9,000 unused oil leases they still have.
All they did was complain that the administration is anti-fossil fuels. Yeah, it is...they were clear on that while campaigning, they said they were interested in exploring and developing alternatives and encouraged oil companies to get more involved in that as well.
There's no deflection, the oil companies are playing the victim and no harm is actually being done to them.
Why would he? Headline are all they can handle.Did you even read your link?
YeaYes. Did you?
"That accusation is a complete red herring," Bradbury told Fox Business. "It's really a distraction from the fact that this administration has paused leasing on federal lands, something that we're concerned about and something that we think needs to continue right away. The fact is that industry is producing at a higher level on existing leases on federal lands than in the last 20 years and these leases take many years to explore, to develop and produce on."Pure bs. The biden admistration knows full well why those leases are not being used. It's a dishonest deflection pure and simple.
Pure bs. The biden admistration knows full well why those leases are not being used. It's a dishonest deflection pure and simple.
Then you know that your thread is bullshit.
Stupid people who only listen to liars who tell them things they like.Anyone that thinks instituting fracking, XL pipeline, etc. would make a difference are in la la land. It doesn't work that way and would take years to make a difference.
Wrong.....read the link in post , #15......you have been had.The biden admistration knows full well why those leases are not being used. It's a dishonest deflection pure and simple
The largest oil and gas companies made a combined $174bn in profits in the first nine months of the year as gasoline prices climbed in the US, according to a new report. The bumper profit totals, provided exclusively to the Guardian, show that in the third quarter of 2021 alone, 24 top oil and gas companies made more than $74bn in net income. From January to September, the net income of the group, which includes Exxon, Chevron, Shell and BP, was $174bn. Senator Schumer Holds a Press Conference on Rising Gas Prices in New York, US - 14 Nov 2021<br>Mandatory Credit: Photo by Ron Adar/SOPA Images/REX/Shutterstock (12603254k) A driver fills up a vehicle's gas tank at a Mobil gas station on 8th Avenue in the West Village in New York City. Standing in front of a Mobil gas station on 8th Avenue in the West Village where prices start at $4.33 a gallon of 87 octane gasoline, Senate Majority Leader Chuck Schumer (D-NY) says New York drivers desperately need relief from surging fuel prices. Senator Schumer hopes tapping into the nation's Strategic Petroleum Reserve would help reduce fuel costs for a while. Senator Schumer Holds a Press Conference on Rising Gas Prices in New York, US - 14 Nov 2021 Biden to release 50m barrels of oil in effort to bring down rising US gas prices Read more Exxon alone posted a net income of $6.75bn in the third quarter, its highest profit since 2017, and has seen its revenue jump by 60% on the same period last year. The company credited the rising cost of oil for bolstering these profits, as did BP, which made $3.3bn in third-quarter profit. “Rising commodity prices certainly helped,” Bernard Looney, chief executive of BP, told investors at the latest earnings report. |
Gasoline prices have hit a seven-year high in the US due to the rising cost of oil, with Americans now paying about $3.40 for a gallon of fuel compared with around $2.10 a year ago. The Biden administration has warned the price hikes are hurting low-income people, even as it attempts to implement a climate agenda that would see America move away from fossil fuels, and has released 50m barrels of oil from the national strategic reserve to help dampen costs. But oil and gas companies have shown little willingness so far to ramp up production to help reduce costs and the new report, by the government watchdog group Accountable.US, accuses them of “taking advantage of bloated prices, fleecing American families along the way” amid ongoing fallout from the Covid-19 pandemic. “Americans looking for someone to blame for the pain they experience at the pump need look no further than the wealthy oil and gas company executives who choose to line their own pockets rather than lower gas prices with the billions of dollars in profit big oil rakes in month after month,” said Kyle Herrig, president of Accountable.US. |
The analysis of major oil companies’ financials shows that 11 of the group gave payouts to shareholders worth more than $36.5bn collectively this year, while a dozen bought back $8bn-worth of stock. This apparent focus, rather than on further drilling, has caused some frustration within the federal government, with Jennifer Granholm, the US energy secretary, stating that “the oil and gas companies are not flipping the switch as quickly as the demand requires.” |
Actually you know it's not.Then you know that your thread is bullshit.
You think you did that? Your thread is being ripped to shreds.Actually you know it's not.
But as another poster noted, keep up these quality posts you bring to the forum, full of inciteful comments and analysis.
You really bring it to the table and elevate the forums.
"That accusation is a complete red herring," Bradbury told Fox Business. "It's really a distraction from the fact that this administration has paused leasing on federal lands, something that we're concerned about and something that we think needs to continue right away. The fact is that industry is producing at a higher level on existing leases on federal lands than in the last 20 years and these leases take many years to explore, to develop and produce on."Actually you know it's not.
But as another poster noted, keep up these quality posts you bring to the forum, full of inciteful comments and analysis.
You really bring it to the table and elevate the forums.
Exactly."That accusation is a complete red herring," Bradbury told Fox Business. "It's really a distraction from the fact that this administration has paused leasing on federal lands, something that we're concerned about and something that we think needs to continue right away. The fact is that industry is producing at a higher level on existing leases on federal lands than in the last 20 years and these leases take many years to explore, to develop and produce on."
Your own link
Yes, so your Fox News feed whinny bullshit is just bullshit.Exactly.
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