somehow they completely missed that :huh:

because they can’t accept it when anyone to the right of Stalin says something sensible. only liberals are allowed to be logical.
Posted from my iPhone/Mobile device

Seems you got ahead of your self
I said oil companies control what’s pumped ,,

And you and many others are suggesting they should pump more to bring down the Price

So if you control demand you directly or indirectly influence price

And oil being priced as a Global commodity supply is controlled by those who pump it . And demand by who needs it..

in a nutshell those who produce control supply and the price

The demand side is not with out influence and with out Covid oil never would have seen 35 bucks a barrel
Posted from my iPhone/Mobile device

it's fun when they try to sound smart.....:hihi:

oil price is set by the Organization of Petroleum Exporting Countries, a permanent intergovernmental oil organisation, created in 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.
Posted from my iPhone/Mobile device

but youre all implying oil companies want this, and even higher prices. higher prices aren’t always better. There’s a sweet spot on the price/demand curve and we’re probably past it, and going way up again today.

agreed that covid was the main driver of oil down. And covid relief was a big driver of oil going back up. But there are other forces pushing oil further up than where it was before covid.

Liberalism generally speaking, is anti fossil fuel. you can deny that all you want for political convenience based on current events. But Biden put a halt to all new permits on federal lands for as long as he could, because he promised the greenies he’d do just that.
Posted from my iPhone/Mobile device

found this

Interesting Facts:
Number of U.S. Oil Rigs in Operation:
December, 2020: 341
December, 2021: 579
We had as many as 2,017 Active U.S. Oil Rigs as recently as 2011 (under Obama), which shows two things. First, that there was actually far less drilling under Trump than Obama, and second, there are plenty of existing U.S. oil rigs that could be restarted, after being voluntarily shut down by oil companies without needing any new drilling sites.
U.S. Production of Crude Oil:
December, 2020: 11.084 Million Barrels/Day
December, 2021: 11.567 Million Barrels/Day
U.S. Net Imports of Crude Oil:
December, 2020: -1.186 Million Barrels/Day
December, 2021: -1.062 Million Barrels/Day
NOTE: A negative number in this category represents net exports, meaning we exported more than we imported.
Russian Oil and Petroleum Product Imported:
December, 2020: 12.898 Million Barrels (416K/Day)
December, 2021: 12.569 Million Barrels (405K/Day)
By every relevant measure, the U.S. oil industry is performing the same or better after one year of Biden than it was after 4 years of Trump.
Source: U.S. Energy Information Administration

F uck it. Just spend the money. When the price gets to a point where the mass population cannot or will not pay it, it'll come down.

Debate all you want. The fact is we "scrubs" have absolutely no control over the price, import, export, drilled, pumped etc, etc.

this Poll was this March 2022

Americans Largely Favor U.S. Taking Steps To Become Carbon Neutral by 2050
But just 31% want to phase out use of fossil fuels completely

The new Pew Research Center survey of 10,237 U.S. adults conducted from Jan. 24 to 30, 2022, finds that 69% of U.S. adults prioritize developing alternative energy sources, such as wind and solar, over expanding the production of oil, coal and natural gas


https://www.pewresearch.org/science/...utral-by-2050/

Unless you are a one news source person . I can understand why you would think . Liberalism is Just anti fossil fuel . it's what they tell their viewers all the time ... here is 1 example ( Biden's renewable energy rush is making gas prices skyrocket) :faga:

it doesn’t matter what people want, if what they want us unrealistic.

those same people are all going berserk right now because of gas prices

i’d never say we shouldn’t develop better alternatives, i’m all for that. but until those alternatives are up to the task of replacing fossil fuels ( and we are nowhere near that point, we are several decades away), fossil fuels will lead the way. That’s a fact. The greenies may hate that fact, it’s still a fact.

While we still use fossil fuels, nations who sell them in abundance, will get rich. The US can get rich, or countries that hate us can get rich. I’d prefer that Americans get rich over people that wish we were all
dead. Do you disagree?

We are several decades away from getting off fossil fuels. Several decades. Solar and wind aren’t even close to ready to replace oil. Not even close.

I have a huge solar panel system on my home roof. i believe in this stuff. But i can also see the limitations. Liberals can’t see the limitations, because they don’t care about reality, they care about ideology.

Facts matter.
Posted from my iPhone/Mobile device

The trucker convoy is currently driving around in circles fighting something that doesn't exist and will be the ones complaining and blaming Biden for the price of fuel.
Because as is typical for Trumplicans they find a destructive non-solution to an imaginary problem for the sole purpose of inflaming their base as it grows more and more radicalized.
And when it hurts the economy, security or humanity, they'll blame the libs

For some people the short term goal of "getting rich" is more important than anything else.

it’s not about getting rich. it’s about living your life - heating your home, driving to work and to your kids activities.

Fossil fuels caused the industrial revolution, and are helping third world countries become first world
countries. standard of living goes up, life expectancies increase, etc…

i’ve said here 50 times that fuel costs were going up no matter who won, much of it is t Biden’s fault.

The only absolutist fanatics I see here are the lefties, who refuse to concede Biden played any role whatsoever.
Posted from my iPhone/Mobile device

The national average for a gallon of gas is $4.17. A gallon of Starbucks coffee costs $16.80. Just saying
Posted from my iPhone/Mobile device

that’s brilliant. starbucks coffee is no less vital to everyday life, than oil.

oil impacts almost everything.

Pete, you claimed here many times that Trump is responsible for every American covid death. Yet Biden has zero culpability for the oil surge.
Posted from my iPhone/Mobile device

It’s all Trump, all the time with you
Sad
Posted from my iPhone/Mobile device

you’re criticizing others for bringing up trump.

that’s a good one

and oil prices are no big deal, because starbucks coffee costs more per gallon. can’t compete with that logic.
Posted from my iPhone/Mobile device

You qualify as the penultimate Trump defender/non supporter
Some rational people would question how that works when you claim to be “ I’m his most honest critic. My disdain for him is genuine,not based purely on politics.

I cannot stand him and hope he goes away forever.”

Clown
Posted from my iPhone/Mobile device

I have always said when gas Goes up rich people don't Care and poor people don't Drive and the middle class gets the shaft

It odd Jim brings up Green energy indirectly blaming the current gas issue on them

Then I see this lovely story

Rep. Bill Johnson Republican to Newsmax: Russia Paying Money to US Environmentalists

There is evidence that Russia has channeled money to American environmental groups fighting against the use of fossil fuels,

Biden, he added, has "made it very clear" that he's "going to destroy the oil industry"

"They want more money toward green alternative energies than they do for the reliable grid sustaining fossil fuel energy sources like oil and gas," Johnson further commented.

Guess he missed this Coal, oil, and natural gas received $5.9 trillion in subsidies in 2020

These people have no shame they just make crap up


little FYI

For oil and gas leases on federal land , rent is owed until the lease has production of oil or gas in paying quantities. This rent is at a rate of $1.50 per acre for the first five years and $2.00 per acre for years six to ten.Apr 27, 2021

if the hit oil they pay the Government 12.5% royalty

Here is the Joke! it hasn't been changed since 1920

I did? You and Pete are sharing the same tin foil hat...

I blamed soaring prices on:

(1) increased demand after covid lightened up
(2) perception that Biden would be less oil-friendly than Trump
(3) Putin invading Ukraine (which is partly Bidens fault in my opinion)

Another FYI

According to the BLM, there were 63,000 onshore crude oil and natural gas wells on federal lands. The production from these wells accounted for 5 percent of U.S. crude oil production

Currently, there are 100,000 “producible and service” well bores located on federal oil and gas leases. That seems like a huge number, but it pales in comparison to the nearly 1 million oil and gas wells currently producing across the U.S., 900,000 of which are on state and private lands.Mar 18, 2021

I dont think a federal pause on leases is hurting them .. But if you listen to them the sky is falling

Oil prices are now down an amazing $15 / barrel today alone. Futures prices for the fall now < $90. So I expect the increases at the pump will be rolled right back. Right? Umm ... right?
Posted from my iPhone/Mobile device

I Took yours comments
On Pete Buttigieg claims EV transportation will bring ‘cost savings’ to Americans , as indirectly blaming the current gas issue . Incorrectly and I apologize.

unfortunately Many on the right have no issues pushing that Narrative

No worries, I've misinterpreted many many posts!

I brought up Buttigieg NOT as causing gas price increases, but as being stupid for saying the solution is for everyone to buy electric cars.

Many people can't afford electric cars.

Many people who can afford them, aren't good candidates to buy them, for many reasons (size, range, etc)

If everyone could afford them and could live with them, there aren't enough available.

If there were enough available, there aren't enough charging stations.

If there were enough charging stations, there isn't enough electricity.

Other than that, Pete's ideas make sense.

Trump: Biden Letting 'Radical Climate Extremists' Run US

the new rallying Cry from Conservatives Green energy is to Blame for the increase in Gas prices :bs:

The technology is just not there for it to be an economical reality. China is supporting the EV development and is likely ten years ahead of the American programs. 60 Minutes did an excellent piece on this in 2019. You can see it online if you have Paramount.
It's coming, but not a reality in today's world for the average family, in any country, excluding China because I don't know. In other words, we depend on fossil fuel for the time being. So time for Biden to pull a 180 for the good of the country.

We're not even close to being ready to transition to renewables. Decades.

TIME Magazine called Michael Shellenberger a "hero of the environment", he's a hard core green guy. Here, he writes an article about why renewables aren't viable to do much right now. And that nuclear is potentially a far better option.

https://www.wind-watch.org/documents...ve-the-planet/

Only Conservatives think renewables are going to replace oil tomorrow.
Posted from my iPhone/Mobile device

they do? which conservatives think that?

You haven't seen ANY prominent liberals in the last 2 weeks, say that the answer to this crisis is renewed attention to renewables? Pete Buttigieg didn't essentially say that switching to electric cars was the way to avoid pain at the pump?

Well, he’s right
Posted from my iPhone/Mobile device

All of them.

Yes Jim the answer to the current issue is renewable energy! To prevent future issues of being dependent oil aka true energy independent not conservatives twisted definition of it

Again only the right is suggesting green energy is the answer to the current crisis are Republicans and you carry their water

Well, then. The Biden/Harris/Buttigieg/Psaki solution to high gas prices right now, today, is for all you urban, suburban, and rural Americans to go out and buy an EV.

Biden's renewable energy rush is making gas prices skyrocket Dec 2021

I haven’t seen any one suggesting electric cars are the quick fix

But it’s the same drum beat from the right drill baby drill. And that’s never worked .

Ps Oil prices are set on the global market and I doubt pausing oil leases on federal lands did anything to influence world markets

But conservatives seem to skip. That part and present oil prices are Controlled by the POTUS
Posted from my iPhone/Mobile device

You're saying that all conservatives think that " renewables are going to replace oil tomorrow."

Wayne, if ANYBODY with a clue thought that, oil would be plummeting in price, not skyrocketing.

"Yes Jim the answer to the current issue is renewable energy"

I agree. But that "answer" is literally decades away.

"only the right is suggesting green energy is the answer to the current crisis are Republicans and you carry their water "

gibberish.

Wayne, the right knows we need to pursue green energy, but unlike you, we accept the reality that it's decades away from being practical or feasible.

"Well, then. The Biden/Harris/Buttigieg/Psaki solution to high gas prices right now, today, is for all you urban, suburban, and rural Americans to go out and buy an EV."

Did you see or read what Buttigieg said? Just because it was stupid, doesn't mean he didn't say it. He said it. It was an unbelievably stupid, elitist, tone-deaf thing to say.

Your side is getting pummeled at every turn. Every turn.

How's that wall working? It wasn't magic, was it?
It seems that you think if there is a problem, everything should stop and we can only work on one resolution.
But as you have repeatedly said, more than one thing can be true at the same time.
We can work towards being less reliant on fossil fuels AND do what we can to reduce current pricing.
We cannot instantly drill wells, move crude to refineries and refine it.
Perhaps you would like this administration to impose price controls?

Unfortunately the shutdown of the oil industry due to lack of demand due to covid created a lag in supply, those lags always take time to resolve themselves.

https://www.cred.org/seven-steps-of-...as-extraction/

If we had done more to reduce fossil fuel reliance over the past 40 years, we and the rest of the developed world would currently have far less of an issue with Russia, the Saudis and other oil enabled dictators.

"It seems that you think if there is a problem, everything should stop and we can only work on one resolution."

Never came close to saying that, can't imagine how you could possibly conclude that.

Pursue green energy, invest in it. At the same time, look at nuclear plants to provide electricity, and figure out how to safely get every drop of oil out from American soil.

Not rocket science.

"We can work towards being less reliant on fossil fuels AND do what we can to reduce current pricing"

Which is obviously, exactly what I have been saying.

There's all the incentive in the world to achieve more reliance on renewables. People who succeed in that space, will be the richest people who ever lived. No further incentive needed. It's not that we aren't pursuing it. It's just not simple.

."Unfortunately the shutdown of the oil industry due to lack of demand due to covid created a lag in supply, those lags always take time to resolve themselves."

I'm not sure that's true. Opec doesn't have a lot of trouble increasing supply.

Kamala Harris said today that current gas prices "are the price we pay for democracy,"

That'll go over well.

SHE is unbelievable, god's gift to the GOP.

We never had a democracy until gas prices were this high?

There are two important things to remember about how oil and gas production work: The government doesn’t place any production limits on oil and gas companies, and there’s no such thing as an immediate production increase. Oil and gas companies decide, all by themselves, whether or not to increase production, and new drilling now generally translates to oil and gas on the market in six to 12 months. A new fracking well takes six to eight months to produce oil, for example. Are there idle wells that could be productive again in less time? Sure. Are there some that were shut down during the pandemic that can be brought back online? Yep. But then we get to the real reasons oil companies aren’t drilling: It’s not government intervention, it’s a combination of money, labor, and materials (shocking, I know).

The big fracking companies — Devon, Pioneer, and Continental — burned by multiple boom and bust cycles over the years, pledged in February not to increase production until 2023. “Whether it’s $150 oil, $200 oil, or $100 oil, we’re not going to change our growth plans,” Pioneer CEO Scott Sheffield said during a Bloomberg Television interview. “If the president wants us to grow, I just don’t think the industry can grow anyway.”

In ExxonMobil’s February earnings call, Woods said the company’s focus remains on price per barrel over volume. “One of the primary objectives we’ve had in looking at the portfolio is less about volume and volume targets and more about the quality and profitability of the barrels that we’re producing.” he said. “That’s been the focus. And as we move forward, we’ll continue — you’ll continue to see the quality of the barrels or profitability of the barrels increase.”

But it’s Biden’s fault
Posted from my iPhone/Mobile device

"The government doesn’t place any production limits on oil and gas companies"

The hell is doesn't. On federal lands and offshore, you have to get a permit. Biden put in place a moratorium on all new permits for federal lands, which necessarily means that production on those lands will be precisely zero.

Much of the pricing is supply speculation. When Biden killed the Keystone pipeline and refused to grant any new leases, you didn't need to be Stephen Hawking to conclude that he was not going to be a pro-fossil-fuel guy.

"there’s no such thing as an immediate production increase"

True.

"Oil and gas companies decide, all by themselves, whether or not to increase production"

Again, if they are denied permits on federal land, they can't decide to generate oil on that land.

"But it’s Biden’s fault"

Partly his fault, partly not his fault.

Pete, you blamed Trump for covid deaths on his watch, which he had nothing to do with. SO it's OK if yuo blame a sitting president for everything that happens on his watch, even things he doesn't directly control?

Much of the skyrocketing price has nothing to do with Biden. But it happened on his watch.

The entire left blamed Bush for the subprime mortgage crisis, that helped Obama beat McCain. Bush didn't do anything to contribute to that crisis, but you all blamed him for it. That's how it goes. Similarly, Biden will be blamed for inflation and oil prices.

The left had zero reservations about blaming Bush and Trump for things they didn't cause. What's good for the goose...

It's one crisis after another, one failure after another.

When the fed raises interest rates (which they waited way too long to do), that could cause a recession.

Now you think that Biden runs the FED?

So you are claiming Biden controls Devon, Pioneer, Continental and Exxon? Or just that he should? Or are you just playing victim as you were taught by the Orange Man you don't really like, but will consistently defend.

What the producers are saying is that they don't care what the price is as long as it is high, and they will control it by not increasing production.

The big fracking companies — Devon, Pioneer, and Continental — burned by multiple boom and bust cycles over the years, pledged in February not to increase production until 2023. “Whether it’s $150 oil, $200 oil, or $100 oil, we’re not going to change our growth plans,” Pioneer CEO Scott Sheffield said during a Bloomberg Television interview. “If the president wants us to grow, I just don’t think the industry can grow anyway.”

In ExxonMobil’s February earnings call, Woods said the company’s focus remains on price per barrel over volume. “One of the primary objectives we’ve had in looking at the portfolio is less about volume and volume targets and more about the quality and profitability of the barrels that we’re producing.” he said. “That’s been the focus. And as we move forward, we’ll continue — you’ll continue to see the quality of the barrels or profitability of the barrels increase.”

Not reading any of the above. (Piss and moan, same players, same arguments and personal attacks)

But going to share this to further explain the sticker shock at the supermarket, gas pump, lumberyard, any retail environment that needs truckers to get what they need. This is what it costs to fill up that 18 wheeler....

no, i know biden doesn’t control
the fed. it they have to start raising interest rates soon, which will
slow the economy, only question is by how much. Not Bidens fault, but one more crisis on his watch.

Biden is saying Putin caused the inflation. That’s a. lie, we had massive inflation before we started paying attention to ukraine. america isn’t falling for that.
Posted from my iPhone/Mobile device