The price of gas

[bypass]

Originally Posted by berryberry

$3.65 today for premium - Senile Biden has fucked America

I thought when Trump was president when the gas was up it was Wolfe's fault. And last year when no one was working cause of Trump not taking the virus serious it went way down, then it was Trump got the gas prices down.


I guess that changes just like who win's the election. If the republicans win no voter fraud, they lose voter fraud. Dead people voted even though they never showed proved that to this day. Ask Rudy.



Biden is living rent free in you mind.

[berryberry]

Originally Posted by bypass

I thought when Trump was president when the gas was up it was Wolfe's fault. And last year when no one was working cause of Trump not taking the virus serious it went way down, then it was Trump got the gas prices down.

Oh look - the guy who posts misinformation is back doing it again. Wow. Talk about TDS.

Senile Biden has fucked everyday Americans with out of control inflation and severely rising gas prices. But leave it to you to try and change the subject to President Trump

I hope you enjoy paying out of the ass for gas these days thanks to your senile hero. Most normal Americans are fed up with Senile Biden's incompetence and destruction of America. But you keep on simping for him

[berryberry]

Senile Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil

https://www.zerohedge.com/energy/bid...audis-more-oil

[berryberry]

Propane is up 50%. What is the Democrats' solution? Shut down more pipelines to drive the cost higher and make Americans suffer.

Senile Biden faces heat from Canada, Republicans, Michigan’s governor and the price of propane

https://www.politico.com/news/2021/1...ne-cost-519788

[berryberry]

Biden's energy strategy has been to shut down pipelines and appoint incompetent hacks like Jennifer Granholm to his cabinet.

He is directly responsible for the high cost of fuel.

Granholm: I certainly hope gas won't reach $4 per gallon

Too late bitch

https://www.cnn.com/videos/politics/...anholm-gas.cnn

[berryberry]

[berryberry]

"If winter is somewhat colder than usual, energy bills could rise 15% for households heated by electricity, 50% for those depending on natural gas & 59% for those that mostly use heating oil. Propane users would be in for the biggest blow — a 94% increase"

https://www.nytimes.com/2021/11/08/b...?smid=tw-share

[eyecu2]

Originally Posted by berryberry

Propane is up 50%. What is the Democrats' solution? Shut down more pipelines to drive the cost higher and make Americans suffer.

Senile Biden faces heat from Canada, Republicans, Michigan’s governor and the price of propane

https://www.politico.com/news/2021/1...ne-cost-519788

Berry, I'm sorry that you didn't read the last post I had put on here about the law of supply and demand; Pipelines mean exporting and there is a huge demand for gas overseas', so the fact is, that more pipelines doesn't mean lower gas prices or any oilfield / gas field production. I've worked in the gasline midstream and production fields, so I've seen what happens. It's wrong for you to insinuate that this is a potus decision vs greedy gas companies. Do you know that the natural gas companies love to see cold spells and the ability to export gas. Companies like EQT and AR, and the other production companies are simply expanding their upstream production to both meet local area demands at higher prices, because the demand for midstream production is equal to or higher because of exportation. Now - I do think that the Biden team needs to get the whole transportation thing worked out, and from what I've read, the actual activities at the docks have steadily increased and are at a record pace for other goods and services. I think the elasticity of demand is what every person is feeling right now in that markets do not react immediately, and we are seeing and feeling those prices because of market elasticity.

https://www.businessinsider.com/dock...-ports-2021-10

[Salty Again]

... Are YOU daft? .... America was energy independent
when drilling in Alaska - under Trump.

Now Biden put a sad end to that - and needs to rely
on oil from Russia and the Middle East.

You must have missed that.

... But keep defending Sleepy Joe.
What else CAN you do that this point.

### Salty

[berryberry]

Originally Posted by eyecu2

Berry, I'm sorry that you didn't read the last post I had put on here about the law of supply and demand; Pipelines mean exporting and there is a huge demand for gas overseas', so the fact is, that more pipelines doesn't mean lower gas prices or any oilfield / gas field production. I've worked in the gasline midstream and production fields, so I've seen what happens. It's wrong for you to insinuate that this is a potus decision vs greedy gas companies. Do you know that the natural gas companies love to see cold spells and the ability to export gas. Companies like EQT and AR, and the other production companies are simply expanding their upstream production to both meet local area demands at higher prices, because the demand for midstream production is equal to or higher because of exportation. Now - I do think that the Biden team needs to get the whole transportation thing worked out, and from what I've read, the actual activities at the docks have steadily increased and are at a record pace for other goods and services. I think the elasticity of demand is what every person is feeling right now in that markets do not react immediately, and we are seeing and feeling those prices because of market elasticity.

https://www.businessinsider.com/dock...-ports-2021-10

You keep making excuses. This is not all supply and demand driven. The Senile Biden admin has made a number of decisions that are hostile to American Energy Companies. And as I point out earlier, the LNG exports you talk about are a small part of US Natural Gas production.

In any case, Line 5 is supplied by Canadian sources - so it is actually product being imported into this country for use by Americans (some product does go back on to eastern Canada)

You may work in the fields but I also follow the industry closely as I have invested in oil and gas companies for 20+ years

We have gone from America being energy independent under President Trump to now having to rely on imports and Senile Biden begging the Saudis to lower the price (and they laugh at him)

[eyecu2]

Originally Posted by berryberry

You keep making excuses. This is not all supply and demand driven. The Senile Biden admin has made a number of decisions that are hostile to American Energy Companies. And as I point out earlier, the LNG exports you talk about are a small part of US Natural Gas production.

EQT is the single largest Natural gas producer in the US. They are indeed a big player an own several pipelines that are downstream and midstream lines. (AR was #4. Dude you are barking at the wrong guy when it comes to this stuff.).

In any case, Line 5 is supplied by Canadian sources - so it is actually product being imported into this country for use by Americans (some product does go back on to eastern Canada)

You may work in the fields but I also follow the industry closely as I have invested in oil and gas companies for 20+ years.

As a prior broker, and trader- I have over 30yrs plus of commodity experiences and also a lot of insights to the actual operations as I worked FOR them.- which is why I mentioned that -repeatedly.

We have gone from America being energy independent under President Trump to now having to rely on imports and Senile Biden begging the Saudis to lower the price (and they laugh at him)

There is NO difference in the actual production of energy from 2020 to 2021; the only thing that stopped was the ability to license and drill in restricted areas like protected areas etc. You have determined that ppl are laughing at Biden to ask for considerations from the Saudi's when Dump Trump did the same fucking thing, over airplanes and even suggesting we would go in and take oil from countries that we helped militarily. Which is NOT what we do there either. Trump has been a begger and grifter whom you applaud, and while he literally was caught on phone calls doing begging for help for elections, or dirt on someone, you think that Biden is somehow less asking for consideration that is a benefit to the ENTIRE country vs a single man. You have a really obtuse way of looking at how things work, vs. how a greedy bastard worked for lining his own pockets. And no, I don't need to hear about Hunter or his laptop, or his paintings, .....just look at the TRUMP kids who were directly grifting off the government with Kucher, Trumps daughter, the hotels used to line the pockets, and there is a futher question on financing of debts etc., that " a lot of our investors come from Russia" per Eric Trump, - (those russians are really known to be straight shooters.) I'm fairly certain that not only did you miss all the grovelling that Trump has done, with the majority being for his own benefit or party benefit, that you always stop acknowledging that and only point to sleepy joe. He's not perfect, and we all know it, but you touting Trump as being the guy who made us energy independent is laughable.

[eyecu2]

Originally Posted by Salty Again

... Are YOU daft? .... America was energy independent
when drilling in Alaska - under Trump.

Now Biden put a sad end to that - and needs to rely
on oil from Russia and the Middle East.

You must have missed that.

... But keep defending Sleepy Joe.
What else CAN you do that this point.

### Salty

Salty, you must be sniffing glue- The reality of why there has been a slow down in drilling production was not a political one, unless you agree that pricing of oil is political., then it would be because of that pesky pricing relative to supply and demand. NOT Politics. Here's a snippit from Worldoil.com

https://www.worldoil.com/news/2021/2...lines-says-eia

EIA expects that the United States will import more crude oil to fill the widening gap between refinery inputs of crude oil and domestic crude oil production in 2021 and 2022. U.S. crude oil production declined by an estimated 0.9 million b/d (8%) to 11.3 million b/d in 2020 because of well curtailment and a drop in drilling activity related to low crude oil prices.

EIA expects the rising price of crude oil, which started in the fourth quarter of 2020, will contribute to more U.S. crude oil production later this year. EIA forecasts monthly domestic crude oil production will reach 11.3 million b/d by the end of 2021 and 11.9 million b/d by the end of 2022. These values are increases from the most recent monthly average of 11.1 million b/d in November 2020 (based on data in EIA’s Petroleum Supply Monthly) but still lower than the previous peak of 12.9 million b/d in November 2019.


You're as smart as these other guys who think oil prices are somehow magically tied to a political effect. It's not. Trump only claimed energy independance due to a sudden stop of use of OIL and GAS use during the pandemic. Look at this chart and you'll see the sharp drop off in 2019-2020. That is the ONLY reason it changed. We will never be oil independent as long as people in the US drive big trucks and cars and commute as we do. You want to be energy independant as a country, stop buying oil at all, and move towards the acceptance of electric or hybrid vehicles. They literally move our demand from 100% down enough to allow us to really set prices on the world market. If you made oil a undervalued economic commodity, the US would become a huge powerhouse not so subject to at least this specific commmodity towards our GDP etc. Also,- If it weren't for the greed of oil companies and investors, the US could tell every country in the world to go suck a dick.

[eyecu2]

Here's futher information on how you lemmings follow old TrUMPY and his minions in lock-step, with your ill-informed narrative of Trumpkin soundbites and the lack of actual complete dialogue. https://www.factcheck.org/2021/08/tr...erts-oil-spin/

Heres the nuts of it.

The United States continues to import a smaller amount of its petroleum from the Middle East, part of a decadeslong trend that has continued under President Joe Biden.

The U.S. gets most of its imported oil from Canada. About 9.8% of U.S. petroleum imports (most of it crude oil) came from Persian Gulf countries in 2020, according to U.S. Energy Information Administration data. That has dropped to an average of about 6.6% in the first five months of 2021.

But at a rally in Alabama on Aug. 21, former President Donald Trump said he had gotten the U.S. to a point where “we didn’t need the Middle East.” And now, he said, “we’re going back to them asking them for help.”

Republican Rep. Lauren Boebert similarly tweeted that “Under Trump, we exported American energy. Under Biden, we are back to being dependent on the Middle East again.”

The help from the “Middle East” cited by Trump is a reference to a White House statement that urged OPEC to pump more oil to bring down the price of gasoline in the U.S.

“While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022,” National Security Advisor Jake Sullivan said in the Aug. 11 statement. “At a critical moment in the global recovery, this is simply not enough.”

The announcement was criticized by some conservatives and progressives. Trump described it as Biden now “begging OPEC for more production to please send energy our way.”

Although Trump and Boebert used the broad term “energy,” Boebert’s press secretary, Jake Settle, told us Boebert was referring to the balance between U.S. imports and exports of petroleum.

Petroleum Imports and Exports
An EIA report on oil and petroleum products notes that the U.S. exported about 8.5 million barrels per day of petroleum in 2020, while importing about 7.9 million barrels per day, “making the United States a net annual petroleum exporter for the first time since at least 1949.”

Settle cited an EIA forecast released on Feb. 17 that projected “the U.S. will import more petroleum than it exports in 2021 and 2022.”

“Instead of deregulating the American energy market, Biden’s National Security Advisor called on OPEC to increase production of oil,” Settle said in an email. “Instead of continuing President Trump’s policies that moved America towards energy independence, the Biden administration is moving America back to relying on OPEC and the Middle East for energy security.”

The EIA report, however, made no mention of any Biden policies being responsible for the shift in balance from being a net exporter of petroleum in 2020 to a net importer in 2021 and 2022. Rather, the report in February simply said it is “largely because of declines in domestic crude oil production and corresponding increases in crude oil imports.”

The decline in domestic crude oil production came “as result of a decline in drilling activity related to low oil prices,” according to an EIA report in January. “Responses to the COVID-19 pandemic led to supply and demand disruptions,” the report noted.

In fact, the EIA has been forecasting that the U.S. would import more petroleum than it exports in 2021 and 2022 ever since April 2020 — in its first monthly forecast to consider the expected economic effects of the U.S. COVID-19 response measures announced in March of that year (and long before Trump left office).

[berryberry]

Originally Posted by eyecu2

There is NO difference in the actual production of energy from 2020 to 2021; the only thing that stopped was the ability to license and drill in restricted areas like protected areas etc. You have determined that ppl are laughing at Biden to ask for considerations from the Saudi's when Dump Trump did the same fucking thing, over airplanes and even suggesting we would go in and take oil from countries that we helped militarily. Which is NOT what we do there either. Trump has been a begger and grifter whom you applaud, and while he literally was caught on phone calls doing begging for help for elections, or dirt on someone, you think that Biden is somehow less asking for consideration that is a benefit to the ENTIRE country vs a single man. You have a really obtuse way of looking at how things work, vs. how a greedy bastard worked for lining his own pockets. And no, I don't need to hear about Hunter or his laptop, or his paintings, .....just look at the TRUMP kids who were directly grifting off the government with Kucher, Trumps daughter, the hotels used to line the pockets, and there is a futher question on financing of debts etc., that " a lot of our investors come from Russia" per Eric Trump, - (those russians are really known to be straight shooters.) I'm fairly certain that not only did you miss all the grovelling that Trump has done, with the majority being for his own benefit or party benefit, that you always stop acknowledging that and only point to sleepy joe. He's not perfect, and we all know it, but you touting Trump as being the guy who made us energy independent is laughable.

Nice obfuscation with your rambling on about EQT

And of course, there we have it - where your arguments fail and the facts are against you, you pivot to President Trump . I guess I am not surprised

[berryberry]

Hey look at this - Senile Biden begging OPEC again - WHITE HOUSE SAYS IT CALLS ON OPEC TO INCREASE OIL SUPPLY.

Does Senile Biden bend over and grab his ankles when he makes this ask. "Please sir, may we have some more?"

But hey, at least the White House is monitoring the rise in gas prices. That should reassure everyone, lol. Meanwhile the Senile Biden White House has spent more time on an intersectional "National Gender Strategy" than dealing with inflation.