$5 a gallon

[onawbtngr546]

You know, if the president had absolute power, like a monarch or king, then everything that happens could certainly be traced back to them and everything they order...


But the president doesn't have absolute authority. They just appear to be the stomping mat that people like to blame.


Why not go after some Reds who opposed government subsidized renewals, but instead voted in favor of the private energy sector, huh?

[bambino]

The Saudis and UAE are not taking Biden’s calls!!!!!! I guess they joined the FJB cult. No oil for you!!!!

[berryberry]

Originally Posted by onawbtngr546

You know, if the president had absolute power, like a monarch or king, then everything that happens could certainly be traced back to them and everything they order...


But the president doesn't have absolute authority. They just appear to be the stomping mat that people like to blame.

And some people just will say anything to make excuses for Senile Biden

The Biden Admin suspended oil and gas leases THE DAY PUTIN INVADED.

Biden cancelled the Keystone XL Pipeline his first day in office

Biden's libtard allies pressured US Oil& Gas companies to reduce production in the name of climate change

The list can go on - open your damn eyes.

And its funny - the libtards were singing an opposite tune just a few months ag when Senile Biden and the DNC claimed Senile Biden deserved the credit for a 2.5 cent reduction in gas prices. This is what they widely sent out

Thanks @JoeBiden



https://twitter.com/dccc/status/1466...8wPvztINDfubKQ

[berryberry]

BREAKING: Today's AAA National Average of gas prices jumps to $4.32. The average price in California today is $5.69, up 12 cents from yesterday.

[HDGristle]

How many drilling leases on federal lands has the Biden Administration approved on avg, per month?

How many approved leases, are currently idled and unused?

[Jacuzzme]

Originally Posted by HDGristle

How many drilling leases on federal lands has the Biden Administration approved on avg, per month?

How many approved leases, are currently idled and unused?

That’s a croc of shit Biden (well, not actually him) came up with to pretend their hostility towards the energy industry, and the effect it’s having on the middle class, is anybody’s fault but their own. You bought that shit (propaganda) hook, line and sinker. How many leases there are is meaningless.

https://www.api.org/news-policy-and-...-unused-leases

[I ce man]

well, the price of a barrel of crude is high enough now to drill a few wells

[Salty Again]

Originally Posted by HDGristle

How many drilling leases on federal lands has the Biden Administration approved on avg, per month?

How many approved leases, are currently idled and unused?

... Hmmmm... Why don't you try to answer.

And also explain WHY the "approved leases" sit idle and unused.

I surely cannot wait to hear your answer.

### Salty

[Devo]

It's just not the leases, its the order to banks not to loan money for fossile fuel exploration, something the admininstration has done before, and is doing again.

Tried it with gun related businesses as well, porno businesses too.

Their attack is multi fingered, pushing wokeness on everything they hate.

[onawbtngr546]

When the price of oil spikes, the price at the pump goes right up in response.


But when the price of oil comes back to normal, why does it take the price at the pump weeks to rebound?

[Salty Again]

Originally Posted by Devo

It's just not the leases, its the order to banks not to loan money for fossile fuel exploration, something the admininstration has done before, and is doing again.

Tried it with gun related businesses as well, porno businesses too.

Their attack is multi fingered, pushing wokeness on everything they hate.

.. And increased regulations ... And no proper commitment
from the government - especially with shitty Biden on,
who surely promoted the end of fossil fuels.

As I mention already - being Energy Independent means
just that - being able to choose from multiple types
of energy sources.

### Salty

[HDGristle]

Originally Posted by Jacuzzme

That’s a croc of shit Biden (well, not actually him) came up with to pretend their hostility towards the energy industry, and the effect it’s having on the middle class, is anybody’s fault but their own. You bought that shit (propaganda) hook, line and sinker. How many leases there are is meaningless.

https://www.api.org/news-policy-and-...-unused-leases

Bought into what? I asked a question. You engaged. Don't pull a berry, assume and disregard.

I know that it's not uncommon for there to be thousands of idle leases at any given time during an administration. They're idle for a variety of reasons. Many may be on lands with unproven or non-viable deposits. Some are investor bait that are never intended to be drilled with. Some require a lot of capital and time intensive effort to get the right permits, contracts, equipment, etc. You don't just flip a switch and start drilling. You also don't just start magically pulling oil and gas out of the ground if you have an existing, idled well.

Yet, leases continued to be issued at a surprisingly high rate for a supposed war on energy. Pre Ukraine invasion, production for 2023 was estimated to hit 12.4 million bpd, which would exceed the all-time high of 12.3 million bpd from 2019.

LNG production is expected to continue to increase and our export capacity was expected to increase as multiple LNG export sites that haven't been halted would substantially add much needed capacity. A big one this year. Another big one in 2024.

In 2020, a couple things happened in terms of demand. There were massive layoffs. Oil was trading... at what level? One that scared investors that still haven't shaken off a fear of being caught with too much supply on hand?
Any guesses?

And why is XL a red herring?

[HDGristle]

And by all means, feel free to mention the other Day 1 exec orders applicable, the Louisiana cases and the court orders blocking the fee increases as well as the late Feb 2022 pauses.

[berryberry]

Originally Posted by Jacuzzme

That’s a croc of shit Biden (well, not actually him) came up with to pretend their hostility towards the energy industry, and the effect it’s having on the middle class, is anybody’s fault but their own. You bought that shit (propaganda) hook, line and sinker. How many leases there are is meaningless.

https://www.api.org/news-policy-and-...-unused-leases

It's what he does. It's all part of his shtick now to either toss out misinformation and other assorted BS or to not make any point in his post so that when you respond he can dispute you no matter what you say. People can see right through it. It really is quite pathetic and laughable but hey whatever floats his boat

As you know, leases for drilling are not the same thing as permits. You can have tons of leases (WH claims 9000) and no permits. Permits can take ages to get approved by the government, federal and local. So as you note, the number of leases is meaningless

[berryberry]

Originally Posted by Devo

It's just not the leases, its the order to banks not to loan money for fossile fuel exploration, something the admininstration has done before, and is doing again.

Tried it with gun related businesses as well, porno businesses too.

Their attack is multi fingered, pushing wokeness on everything they hate.

Correct. The admin is actively blocking the capital necessary for drilling: Kathleen Sgamma, president of the Western Energy Alliance, said, “We can’t get capital because they’re putting so much pressure on banks not to lend to us in the name of climate change.”