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Geopolitical.i wonder if anything like that is going on right now that would cause oil to spike?Here is the credibility that your opinion piece has
U.S. crude oil spikes to 13-year high of $130 overnight, then gives up most of that gain
U.S. oil surged on Sunday evening as the market continued to weigh supply disruptions from Russia in its ongoing war with Ukraine.www.cnbc.com
You really don't read well.Just find it a waste of time to post links to you as they never resonate or you never even open them. Where did the strategic oil release go?
President Biden Announces Release from the Strategic Petroleum Reserve As Part of Ongoing Efforts to Lower Prices and Address Lack of Supply Around the World | The White House
Announcement is in parallel with other major energy consuming nations, including China, India, Japan, Republic of Korea, and the United Kingdom Over the last 18 months, the COVID-19 pandemic forced an unprecedented global economic shutdown. As the world is re-opening from a near economic...www.whitehouse.gov
US targets gas prices with oil release – DW – 11/23/2021
Washington has said it will release 50 million barrels of crude oil in an effort to bring down gas prices. India quickly announced it would also release 5 million barrels.www.dw.com
This means that other countries are ALSO releasing their strategic oil reserves to help bring down prices. It does not mean that we're selling oil to China as you wrote. Clueless is being kind not to mention that was in November 2021 before the Ukraine war.as a result of President Biden’s leadership and our diplomatic efforts, this release will be taken in parallel with other major energy consuming nations including China, India, Japan, Republic of Korea and the United Kingdom.
I have proven that there is loyalty to liberal rhetoric ignoring liberal results and that we are paying dearly for the very poor choice you helped put into the WH.You haven't proven anything besides the point you like to argue in circles.
Blah blah blah who gives a shit about your worthless rants.. shake it up, bring something new that I haven't seen 300 times in all your other threadsI have proven that there is loyalty to liberal rhetoric ignoring liberal results and that we are paying dearly for the very poor choice you helped put into the WH.
have you ever voted for a Republican and what is it about today's Democrat Party that represents the true values of this country?
Hatred for a former President?
Promotion of Green energy ignoring the costs that the American people will have to pay?
No focus on fossil fuel growth or transportation of the products?
Nor do you 18 million barrels were sold to whom??? Your loyalty to liberalism is absolutely typical of someone who is very gullible and always buys feel good rhetoric. your support of Green energy ignores the cost that the American people are going to pay. Your support of Green energy ignores the consequences of conversion and how the American people are going to suffer but then again there are never any consequences accepted by the left for economic policy failures.You really don't read well.
This means that other countries are ALSO releasing their strategic oil reserves to help bring down prices. It does not mean that we're selling oil to China as you wrote. Clueless is being kind not to mention that was in November 2021 before the Ukraine war.
Can you admit that you misunderstood and that the US did not sell it's reserve to other countries?
Based on the wholesale prices. Do you really believe that the high prices are mostly due to retailers raising their prices over and above what they normally do from their wholesale price? They're increasing their margins and that's why gas prices are high? Is that what you believe?Right, I had no clue, ROFLMAO, Wholesale prices go to the stations, retail prices are set by the retailer.
Biden does not control production or distribution. Why do you think the oil industry is nationalizedWhat bipartisan support? Name for me any policy that Biden has proposed for increases in production and distribution?
Well then there is no reason for me to see your alias on my screen. You are incapable like most liberals in debating, totally passionate for the failed liberal ideology.Blah blah blah who gives a shit about your worthless rants.. shake it up, bring something new that I haven't seen 300 times in all your other threads
You've brought nothing that I've seen to the table.Well then there is no reason for me to see your alias on my screen. You are incapable like most liberals in debating, totally passionate for the failed liberal ideology.
Never said that nor would that be true however the retail prices charged by the retailer have to pay for all the taxes, regulations, and expenses operating that business something that wage slaves will never understand. If all these so called expert liberals ever ran a business they would understand the risk and expenses to do so and certainly understand a P&L along with a balance sheet. I don't see any evidence here that Biden supporters have a clue about that issueBased on the wholesale prices. Do you really believe that the high prices are mostly due to retailers raising their prices over and above what they normally do from their wholesale price? They're increasing their margins and that's why gas prices are high? Is that what you believe?
You along with others here who are so biased, partisan, passionate in their hatred can argue with themselves.You've brought nothing that I've seen to the table.
Just you whining about liberals as usual..
You like playing in the mud more than actual debating.
Oooo I know tell us how you are a jfk dem again.. I love stories
Based on the wholesale prices. Do you really believe that the high prices are mostly due to retailers raising their prices over and above what they normally do from their wholesale price? They're increasing their margins and that's why gas prices are high? Is that what you believe?
Nor do you 18 million barrels were sold to whom??? Your loyalty to liberalism is absolutely typical of someone who is very gullible and always buys feel good rhetoric. your support of Green energy ignores the cost that the American people are going to pay. Your support of Green energy ignores the consequences of conversion and how the American people are going to suffer but then again there are never any consequences accepted by the left for economic policy failures.
Biden's program is to destroy the fossil fuel industry. Waiting for the policies he has implemented or proposed that would grow that sector since Green energy is going to take some time to develop. What do we do in the meantime? The former employee and 74 million Americans who voted for Trump get it. people from states losing taxes and totally dependent on state gov't social spending never will
The pipeline was years away from completion when Biden stopped it. Tar sands oil is not profitable unless oil is over $100 a barrel too.Former Keystone Pipeline worker says US energy crisis is result of Biden's policies: 'We tried to warn you'
Former Keystone XL Pipeline worker Neal Crabtree criticized the Biden administration for its energy policies, which he said have led to U.S. dependence on foreign oil and record-high gas prices.www.foxnews.com
Millions of tried to warn people in this country of that empty suit Biden and the pending disaster that will hit this country but hatred of Trump, leftwing propaganda prevailed and we are all now paying the price
Clueless post again. Why do you do this to yourself? 2020 gas prices were severely depressed by lack of demand and the barrel price went to zero! One could argue Trump did such a shit job of managing the pandemic that he contributed to the depressed market but that's idiotic.When exactly did Putin attack Ukraine?
And oh by the way, there was no Ukraine invasion during the Trump term, gasoline prices were under control but the anti private sector policies and threats by the Biden administration are on display and ignored by you
That is a start what happens after the permits are released? Any idea what it costs to find oil on those parcels of land and how many regulations are involved in getting it out of the ground, to the refineries then to market? Do you have any idea how much an oil company makes on a gallon of gasoline? Do you know how many gallos of gasoline come out of a barrel of crude oilWASHINGTON— New federal data shows the Biden administration approved 3,557 permits for oil and gas drilling on public lands in its first year, far outpacing the Trump administration’s first-year total of 2,658.
New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%
Center for Biological Diversity: Thousands of Permits OK’d Despite President’s Authority to End Drilling by 2035biologicaldiversity.org
The pipeline is only part of the issue, the focus on green energy is what the Biden administration is doing and what you are ignoring is the cost to the American people in the meantime.The pipeline was years away from completion when Biden stopped it. Tar sands oil is not profitable unless oil is over $100 a barrel too.
We're all praying that Trump runs again it would be the best thing for the Dems because it would guarantee 4 more years of a Dem in the WH. Can you imagine Trump on the campaign trail wailing about the stolen election etc.? Bring it on!TDS will end after Trump's second term, when he can't run for President. Right now, they know there's a very good chance Trump will run, and win again.
They are scared and lash out like children.
Expect the tantrums to escalate to even more insane levels.
Not my problem. Or Biden's. You said, "Biden's program is to destroy the fossil fuel industry." which is clearly bullshit.That is a start what happens after the permits are released? Any idea what it costs to find oil on those parcels of land and how many regulations are involved in getting it out of the ground?
We're all praying that Trump runs again it would be the best thing for the Dems because it would guarantee 4 more years of a Dem in the WH. Can you imagine Trump on the campaign trail wailing about the stolen election etc.? Bring it on!
Of course it isn't your problem as you sit comfortably in your basement ignoring the pain of the people the left claims they want to help. your total ignorance of the private sector, the cost of doing business with liberal rules and regulations is stunning. Any idea how much taxes you pay on a gallon of gasoline in Canada and what expense does the gov't of Canada have in stations, refineries, and plants?Not my problem. Or Biden's. You said, "Biden's program is to destroy the fossil fuel industry." which is clearly bullshit.
You guys are getting desperate. We can tell because your lies are getting thinner and thinner.
Green energy is going to happen. You guys can participate in developing it now or buy it from someone else later. Up to you.The pipeline is only part of the issue, the focus on green energy is what the Biden administration is doing and what you are ignoring is the cost to the American people in the meantime.
ZzzzzzzzzzzzzzYou along with others here who are so biased, partisan, passionate in their hatred can argue with themselves.
That is a start what happens after the permits are released? Any idea what it costs to find oil on those parcels of land and how many regulations are involved in getting it out of the ground, to the refineries then to market? Do you have any idea how much an oil company makes on a gallon of gasoline? Do you know how many gallos of gasoline come out of a barrel of crude oil
Not to mention China. It's a weird argument because it seems a rather counterproductive way to think of energy in the context of technological advancement, energy resiliency, and diversification of sources. Some seem to think of green energy as a binary choice; as if we can't develop new alternatives while phasing out and older one. There is no light switch transition for a variety of factors, but to be out right against preparing the country for the future is silly. China is working hard at being the leader in green energy technology, so unless some folks want the US to be on the backfoot of whatever new energy alternatives win in the market, preparedness seems key.So in other words.. its not about reality. ITs about what you think is an issue. Not what actually is an issue.
You are told that Biden is the problem by your masters and so Biden is the problem.
By the way... you do realize that if we had been doing more Green energy.. we would not be so reliant on what happens to european oil right?
Or middle east oil right?
Any true conservative supports the idea of the US being independent on a renewable energy source. ITs the key to having a stable economy and being able to defend ourselves from foreign attacks.
Why do you.. as a "conservative"... want the US to be dependent on a finite resource like oil.. where we have to depend on other countries for our energy.
Oh and before "but but if we drilled our OWN oil"...
Okay.. then what? Drilling our own oil and getting rid of what we have under our country faster..only hastens the day that we are fully dependent on say Saudi Arabia for our energy.
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