Anonymous wrote:Joe Biden plans to increase energy bills even more, by cutting back on coal and natural gas plants and mandating wind and solar.
Anonymous wrote:This thread proves that Republicans are ill informed voters. As well as brain washed. It's actually quite sickening.
Anonymous wrote:If Trump had been reelected, gas would be below $2 a gallon right now, and Russia would have less money to spend on its war in Ukraine.
Anonymous wrote:If Trump had been reelected, gas would be below $2 a gallon right now, and Russia would have less money to spend on its war in Ukraine.
Anonymous wrote:Somehow Trump was able to get prices down to below $2 a gallon despite oil companies' greed.
Oil production on only half of land? Has it occurred to you that not all land that is leased has oil that can be extracted at a reasonable cost?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.reuters.com/business/energy/exxons-record-smashing-q3-profit-nearly-matches-apples-2022-10-28/
Exxon 20B PROFIT (not revenue)
There is your "7/gal" straight to the shareholders in the form of dividends and stock prices.
Similar for everything that's overpriced. This has been explained over and over. Companies are reaping HUGE profits. People are paying up. So there is no reason for them to lower prices again. You want to blame someone, blame corporations and their greed. Much easier, I guess, to continue to lie and say it is Biden's fault. What else would I expect from the GOP.
If there is more oil available for drilling, then the oil companies will sell more at a lower price. Instead, with the restrictions, they raise the price so the amount sold will match with demand, rather than being out of inventory.
It will take more than a decade for the leases the GOP wants, to be come productive. It has ZERO impact on the price of oil today. But that is how the GOP gaslights. In fact...
Mar 2020 13 million, less production because demand crashed for some reason after that...
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m
Biden reopened the economy, isn’t that what you wanted? Why weren’t oil companies prepared for the thing they asked for?
Because Biden restricted drilling. New leases through this point of a presidency are at approximately 1% of what they were under recent presidents. You'd have to go back 50 years to find comparable numbers.
Biden did no such thing.
The issue is that Trump trashed the refineries.
What Biden has restricted is future leases that wouldn't take effect for decades.
I stand corrected, Trump and Obama before him had the lowest numbers in 50 years.
Biden is at 3% of Trump's number
Kennedy 3.38 million
Johnson 1.79 million
Nixon 1.87 million
Ford 10.23 million, basically his entire term with Dick Cheney as Chief of Staff
Carter 11.77 million
Reagan 47.58 million
Bush 17.23 million
Clinton 9.69 million
Bush 12.74 million
Obama 7.25 million
Trump 4.4 million
Biden 0.13 million
https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/bidens-abysmal-oil-and-gas-lease-record/
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.reuters.com/business/energy/exxons-record-smashing-q3-profit-nearly-matches-apples-2022-10-28/
Exxon 20B PROFIT (not revenue)
There is your "7/gal" straight to the shareholders in the form of dividends and stock prices.
Similar for everything that's overpriced. This has been explained over and over. Companies are reaping HUGE profits. People are paying up. So there is no reason for them to lower prices again. You want to blame someone, blame corporations and their greed. Much easier, I guess, to continue to lie and say it is Biden's fault. What else would I expect from the GOP.
If there is more oil available for drilling, then the oil companies will sell more at a lower price. Instead, with the restrictions, they raise the price so the amount sold will match with demand, rather than being out of inventory.
It will take more than a decade for the leases the GOP wants, to be come productive. It has ZERO impact on the price of oil today. But that is how the GOP gaslights. In fact...
Mar 2020 13 million, less production because demand crashed for some reason after that...
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m
Biden reopened the economy, isn’t that what you wanted? Why weren’t oil companies prepared for the thing they asked for?
Because Biden restricted drilling. New leases through this point of a presidency are at approximately 1% of what they were under recent presidents. You'd have to go back 50 years to find comparable numbers.
Biden did no such thing.
The issue is that Trump trashed the refineries.
What Biden has restricted is future leases that wouldn't take effect for decades.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:https://www.reuters.com/business/energy/exxons-record-smashing-q3-profit-nearly-matches-apples-2022-10-28/
Exxon 20B PROFIT (not revenue)
There is your "7/gal" straight to the shareholders in the form of dividends and stock prices.
Similar for everything that's overpriced. This has been explained over and over. Companies are reaping HUGE profits. People are paying up. So there is no reason for them to lower prices again. You want to blame someone, blame corporations and their greed. Much easier, I guess, to continue to lie and say it is Biden's fault. What else would I expect from the GOP.
If there is more oil available for drilling, then the oil companies will sell more at a lower price. Instead, with the restrictions, they raise the price so the amount sold will match with demand, rather than being out of inventory.
It will take more than a decade for the leases the GOP wants, to be come productive. It has ZERO impact on the price of oil today. But that is how the GOP gaslights. In fact...
Mar 2020 13 million, less production because demand crashed for some reason after that...
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m
Biden reopened the economy, isn’t that what you wanted? Why weren’t oil companies prepared for the thing they asked for?
Because Biden restricted drilling. New leases through this point of a presidency are at approximately 1% of what they were under recent presidents. You'd have to go back 50 years to find comparable numbers.
Biden did no such thing.
The issue is that Trump trashed the refineries.
What Biden has restricted is future leases that wouldn't take effect for decades.