The Joe Biden Thread - Part I

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Profile William Rothamel
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Message 2095654 - Posted: 11 Mar 2022, 2:59:05 UTC - in response to Message 2095650.  
Last modified: 11 Mar 2022, 3:01:27 UTC

I believe that these are leases which still require a permit to drill. Is the current administration slow walking approvals.
Since eliminating all fossil fuels is deemed to be the policy of the current administration or other ignorant crazies in the government it is small wonder that expensive projects will not be started if they might possibly be regulated or legislated out of business.

For me cheap, reliable energy is the engine that drives a thriving economy--it starts at the farm and feed lots and works it way into every commodity and price thereof.

Don't know where you are getting your "facts"

Crude Oil Production in the United States averaged 7606.50 BBL/D/1K from 1950 until 2021, reaching an all time high of 12860 BBL/D/1K in November of 2019 and a record low of 3974 BBL/D/1K in September of 2008.

from Trading Economics .com

The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world.


The U.S does indeed produce enough oil to meet its own needs. According to the U.S. Energy Information Administration (EIA), in 2020 America produced 18.4 million barrels of oil per day and consumed 18.12 million. And yet that same report reveals that the U.S. imported 7.86 million barrels of oil per day last year.2 days ago


So it seems that no one knows what is going on or they are not saying. What I do know is that the day Biden got in gasoline went and started its climb towards a 100% increase in price at the pump.
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Message 2095657 - Posted: 11 Mar 2022, 3:42:04 UTC - in response to Message 2095654.  

What I do know is that the day Biden got in gasoline went and started its climb towards a 100% increase in price at the pump.
That is probably true, BUT, it is not just a U.S. problem it is happening everywhere.
I paid £1.41 per liter (approx $7/ US gallon) last Friday, same station this morning as I drove past, £1.54. In June last year it was about £1..07.

If you require diesel then there are reports of it being over £2/liter.
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Message 2095664 - Posted: 11 Mar 2022, 5:50:48 UTC

Stop buying Canadian oil/oil sand to refine and see how you go then.

In fact oil export/import figures are where the biggest fudges occur with U.S. figures depending on where you get them from.

As the old saying goes, "if a Yank salesman turns up at your door loaded with graphs and stats then slam the door shut and lock it".

I'm sorry, but you guys have a long history for being well known for twisting facts and figures when a buck is involved (where do you think that short weights and measures originated from?).
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Message 2095684 - Posted: 11 Mar 2022, 20:37:51 UTC

Make no mistake, the fossil fuel industry is for profit, not the people.

...When oil and gas industry CEOs, their lobbyists and their allies in Congress, lie and point to more fossil fuel dependence as the answer to energy independence, their motivation is more profit for themselves.

At the end of the day, don't be fooled, oil and gas companies do not serve the public. They don't look out for the well-being of their workers, the communities they operate and extract in, or you.
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Message 2095696 - Posted: 11 Mar 2022, 23:35:06 UTC - in response to Message 2095684.  

Make no mistake, the fossil fuel industry is for profit, not the people.

...When oil and gas industry CEOs, their lobbyists and their allies in Congress, lie and point to more fossil fuel dependence as the answer to energy independence, their motivation is more profit for themselves.

At the end of the day, don't be fooled, oil and gas companies do not serve the public. They don't look out for the well-being of their workers, the communities they operate and extract in, or you.

As per law they look out for the fiduciary duty to the shareholder.
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Profile William Rothamel
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Message 2095711 - Posted: 12 Mar 2022, 14:29:15 UTC - in response to Message 2095696.  

Make no mistake, the fossil fuel industry is for profit, not the people.


Lest you who are not Baby Boomers forget: "the business of America is business"
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Profile betreger Project Donor
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Message 2095756 - Posted: 14 Mar 2022, 0:56:50 UTC - in response to Message 2095755.  

AH. RATFACE SomeHow Gets Some of US Through Another Week. 'course there are a few hours left. But He'll be ASLEEP with his Blinky and Fingers Crossed will be.

Celebrating Now with a FOUR SCOOPER.

Here to dA GREAT ONE.

Wat a GUY!!!!!! da BIG GUY.

Yep

Cite your source
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Message 2095835 - Posted: 15 Mar 2022, 10:13:24 UTC

Now this is something that Joe really should consider.

The U.S. Subsidy That Empowers Putin.

The United States is supporting Ukraine with aid and weapons and punishing Russian aggression with financial and economic sanctions. But the United States can do more to resolve the global crisis caused by the Russian invasion of Ukraine: It can end the ethanol program.

For decades, the U.S. government has, at great expense, encouraged farmers to grow more corn so that it can be turned into ethanol, a gasoline additive. Ethanol makers receive all kinds of grants and subsidies. Federal regulations require ethanol to be blended into gasoline, creating a giant industry that would not exist without large subsidies and imperious mandates. America’s largest ethanol company earned annual revenues of $8 billion pre-pandemic. Demand from the ethanol industry, in turn, bids up the price of corn, and the income of those who farm it.

Ethanol has become a Washington joke. John McCain often quipped that he started his day with a glass of ethanol. Who could blame him? The ethanol program is a giveaway so big, so entrenched, and so wasteful that laughter might seem like the best response. But as we laugh, we’re missing that America’s ethanol madness has strengthened Russia’s grip upon the world’s food supply....
And really, producing ethanol from corn isn't the best idea.

Sugarcane vs. Corn Based Ethanol
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Message 2095844 - Posted: 15 Mar 2022, 15:29:10 UTC - in response to Message 2095835.  
Last modified: 15 Mar 2022, 15:45:45 UTC

Sadly, yep, indeed so.

Worse still is the wasted energy to produce artificial fertilizer to profitably boost the ethanol crop and also for fueling bigger Big Agribusiness profits to poison the land yet faster...

That ethanol program was a sadly clever ploy for profit by a previous president who has now long retired rich.


All on our only one planet...
Martin
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Message 2095867 - Posted: 15 Mar 2022, 20:34:36 UTC - in response to Message 2095866.  

That's exactly what Putin wants NATO or the USA to do. NATO joins in and within a few hours/days Putin will hit the big red nuke button. Just now he's ploughing through his forces and logistic materials at an alarming rate, indeed he's already panicking about running out of "good grunts", tanks and aircrew.....
Bob Smith
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Message 2095869 - Posted: 15 Mar 2022, 21:44:54 UTC

Why is it that losers always want to resort to violence?
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Message boards : Politics : The Joe Biden Thread - Part I


 
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