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U.S. oil industry prepares to boost production — but with a giant warning

Did Joe Biden shut down energy production on DAY ONE?

Don't bother replying. The answer is a matter of public record. Good luck with your stupid posts.
Can oil industry companies increase and decrease production if they want to?
 
No one is talking about ground clearance. Huge tires and offset drive shafts suck up way more gas than a factory truck would. The other point is that it's for pure show-off and pleasure. Unnecessary IMO.
Typical leftist, always determining the needs of others. Obviously those who own such vehicles do find them necessary and don't give a damn about the cost of gasoline. Here is constructive some advice: Since you do not consider them necessary, don't buy one. Don't for a minute think you can determine what is or isn't necessary for other people.
 
All this arguing about gas and oil is ridiculous.

Most don't see that we have become slaves to that oil and gas. So much that here in a capitalistic nation, countless people actually believes that our government owns that oil and can dictate the price and how much is on the market.

Guess what folks?

The president can ask but there is nothing the president can legally do to force any oil company to produce more oil. That decision is up to those who OWN the oil company.

No politician is going to be able to change the situation but we as Americans can.

Stop expecting the government to do everything for you.

What really blows my mind is that Americans don't realize they have the power to not pay those ridiculous prices for gas.

Or at least not pay as much.

I did that in 2001 when I decided to never buy a regular gas vehicle again. And I haven't bought a regular gas vehicle since then.

Anyone can go out today, right now, to buy a hybrid or electric vehicle. The technology is already here along with the vehicles.

I just shake my head at the same people who scream they hate socialism or communism actually believes that we have that here in America with oil and gas. We don't. That oil and gas belongs to those who bought the leases, drilling rights and actually pumped it from the ground.

Every American can tell the oil companies to go pound sand. That is if Americans wanted to.

All you have to do is change the vehicle you drive.

Just like I did. I have been driving past gas stations laughing at the people wasting their money on gas for over two decades now. The price of gas to put in my vehicle has been irrelevant for over two decades now.


Or you all can keep whining and bashing politicians which will do absolutely NOTHING to solve the situation.


I got rid of my gasoline eater about 10 yrs ago. Just for laughs, went w/o any vehicle of my own and found I didn't need any at all. Quite a few lifestyle changes to accommodate that. The most difficult was changing from natural gas to elec cooking. I hate elec for cooking. "Now you're cooking with gas" went out the window. Stopped using my natural gas home heating, too. You can't wait around for the govt to reg you into doing the right thing. The more people that go elec, the sooner we get off of dependence on oil and NG that sends CO2 into the air. We're effectively dependent on Russia and OPEC, neither one dependable in a pinch.
 
Sure it would, and we would be fighting Ukraine right now along with Russia.
Putin is not a genius as trump claims. If he were he would have attacked during trump and trump would have tied up our response and the West would not be United in their response to this illegal invasion.

That was a massive miscalculation by Putin.
 
Putin is not a genius as trump claims. If he were he would have attacked during trump and trump would have tied up our response and the West would not be United in their response to this illegal invasion.

That was a massive miscalculation by Putin.

Trump and Putin were working together. Trump tried his best to keep Ukraine from getting the weapons we were sending them. He also tried his best to get us out of NATO. There would have been none of this United front against Russia or all these sanctions had trump been president. Trump would have handed Ukraine to Putin on a silver platter.

When Trump didn't get reelected Putin had to change his plan.
 
Truth and Fact

If anyone does not think the Administration Cabinet Members on Energy... is not putting pressure on Oil Companies to utilize and make productive some of the 1000's of Drilling lease they sit on, is not happening. They they likely just want to play a "spin game for fictional based pursuits of something to be aggrieved about".

The minute the U.S. spoke about using the SPR (Stragetic Petroleum Reserves), the pressures were already in place to push the Oil Producers to make good on the leases for Drilling they already have which has been held up by "Oil Companies" trying to stall out for exaggerated profits. We may well see a very high uptick in Oil Field working very soon, especially coming upon Spring and Summer.

I don't think people grasp the full context of the matter of whats involved to push the Oil Companies to respect the America Public and this Nation to get busy and get hose leased wells drilled and producing.

The government can give Oil companies the urging to move forward and if they fail to move forward, there are tools that can be used to get the drilling done, and the production up.

The U.S. Government does not function like the "small minds of some Forum posters".... the Government has an entire Nation as its primary concerns. I don't think some people grasp the scope and magnititude of what that means.
 
Trump and Putin were working together. Trump tried his best to keep Ukraine from getting the weapons we were sending them. He also tried his best to get us out of NATO. There would have been none of this United front against Russia or all these sanctions had trump been president. Trump would have handed Ukraine to Putin on a silver platter.

When Trump didn't get reelected Putin had to change his plan.
an actual real world russian asset.
 
Biden is doing a bunch of negotiating right now. He just doesn't advertise it like the last baffon of a president we had.

Seems it's working. OPEC is talking about opening the spigot. They can easily replace what is lost from russia. Might just play right into their hands by replacing Europe's Russian oil.
 
You said OR electric vehicle. Hybrid batteries are also very expensive ($3k-$6k) and need replacing every 80k-100k miles.



Water/wind depend on the land and topology to make it viable.

That's not true.

A person can buy a rebuilt battery for thousands less. The last time I looked at a replacement battery they started at 1 thousand dollars. I just found one that is on sale for 800 dollars on line in a simple search.

No a battery doesn't need replacing every 80 to 100 thousand miles. The old ones did but those were the first generations of the Prius. My 2001 Prius battery ran out of charge around 120 thousand miles.

All the other hybrids I've owned never ran out of the battery. I replaced the vehicles before that happened.

The hybrid I own right now has high miles on it for a 2017. The last time I looked there was 77 thousand miles on it. I'll get at least another 100 thousand miles out of those batteries if not more. If they go, I'll either replace the car or the batteries. The batteries aren't expensive to replace anymore.

A battery in a hybrid car can last up to 200 thousand miles or more now depending on the vehicle and how it's driven.

You are using very old information. Things have changed since the first hybrids came out.

Please update yourself on the facts.
 
Obviously, since you're an oil expert, you already know that oil companies have weighed the financial risk/reward ratios on every lease.

The part of the story you're running away from is that Biden sign an EO on DAY ONE. Additionally, there are dozens of video's of Biden claiming he would bring an end to fossil fuel use, even though the tech is not ready to replace oil and gas.

Keep playing your stupid and childish word games. We're in this situatuion because of progressives and a feeble president.
Can't say I agree. What no one is ready for is making the investments in green energy.
 
That's not true.

A person can buy a rebuilt battery for thousands less. The last time I looked at a replacement battery they started at 1 thousand dollars. I just found one that is on sale for 800 dollars on line in a simple search.

No a battery doesn't need replacing every 80 to 100 thousand miles. The old ones did but those were the first generations of the Prius. My 2001 Prius battery ran out of charge around 120 thousand miles.

All the other hybrids I've owned never ran out of the battery. I replaced the vehicles before that happened.

The hybrid I own right now has high miles on it for a 2017. The last time I looked there was 77 thousand miles on it. I'll get at least another 100 thousand miles out of those batteries if not more. If they go, I'll either replace the car or the batteries. The batteries aren't expensive to replace anymore.

A battery in a hybrid car can last up to 200 thousand miles or more now depending on the vehicle and how it's driven.

You are using very old information. Things have changed since the first hybrids came out.

Please update yourself on the facts.
Interesting
 
It is the OP's responsibility to show proof for their contention.

If nothing else, the best evidence in the world is the financial. Why on earth would US oil companies *NOT* be pumping as much oil as possible at 120-130/bbl? In what world would they just decide to not pump oil that was easily pumpable?

Failing that, you can look at *every* US oil producer's quarterly calls and public statements about oil production plans, capacity, and status. If they lie about those statements, they go to jail.

Stop clowning around, your entire argument is absurd. A for profit company is deciding to withhold their product from the market at the highest price in a decade. Makes sense...... jesus christ.

Evidence was given to support what the OP is saying. But I'm not debating that.

I said your contention that '... the oil industry is "...repairing their balance sheets after 6-7 years of brutal financial pain." ' is unsupported by any evidence of fact provided by you. Without that evidence, your claim is unfounded and need not be debated.

Now you're saying "... the best evidence in the world is the financial." which evidence you don't provide. Evasiveness and misdirection. As usual, you avoid forthright debate. If you can't give an honest answer, see you on another thread.

BTW, you did not prove the poster lied.
 
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