Biden is going to bust everybody that misses every cent missed on the tax forms with thousands of new IRS / KGB agent's . So every scum wad in California that voted for President Gump is gonna have to not cheat or get thrown in the slammer . Come to think of it , go ahead and cheat !!!
FauxNews. LOLBiden looks everywhere to lower gas prices — except boosting oil production
The Biden administration has pushed a series of policies to address high gasoline prices, but has stopped short of incentivizing domestic oil production growth.www.foxnews.com
There Faux News goes again , failing to disclose an important fact. In order to spare his big US oil buddies Trump struck a deal with the Saudi's two years ago to cut their oil production to help US Big Oil . Now Biden is stuck with the thankless task of going back to Saudi Arabia aht in hand and aske them to boost their production back up again.Biden looks everywhere to lower gas prices — except boosting oil production
The Biden administration has pushed a series of policies to address high gasoline prices, but has stopped short of incentivizing domestic oil production growth.
The Green New Deal failed to pass the Senate in 2019!. Something else Fox News didn't bother to tell you their most devoted viewer.
Now tell them the rest of the story. Saudi Arabia got into a dispute with Russia and jacked production way up to hurt Russia with lower prices. Covid hit and fuel consumption went way down. Futures prices went negative. Trump negotiated a "ceasefire" more or less to stabilize the market. And new refineries? We'd have new refineries if the environmentalists didn't sue in court to stop every last one from being built. It's absolutely pathetic that Biden would rather go to the Saudis than reopen Federal lands. You be sure to mention all this next time you get the urge to try to put it on anyone other than your party and its leadership.
And in what way is it different than what Trump has done ?
Right now there are 9000 approved drilling permits available at DOE to take and go drill. Despite that Scott Sheffield the CEO of Pioneer stated for the record that nation's largest independent that his company's drilling activity will not increase more than 5% and that's over the next decade. The stated objective of the major oil companies is to never again sew the seeds of it's own destruction though overproduction . The best example of that is Whiting Oil. A oil company that just two years ago was in bankruptcy court. And now just two years later it's now out of bankruptcy, it's stock is now trading in the $70's, is merging with Oasis Petroleum who just last week announced a special stock dividend of $15 a share.
It was in bankruptcy court because of the aforementioned oil crisis brought on by overproduction then Covid. And they are loathe to do anything in an environment that's blatantly anti fossil fuel. And those 9000 permits? We've been over this. Those give them the right to drill on unproductive land. Why aren't you mentioning that this administration offered a lot less land in leases this year than normal up for bid after a Federal judge ruled they couldn't just cancel said auction? Then cancelled most of those leases for "lack of interest."
It's not about what's open, it's about what Biden closed off and why. For example, Biden recently made it easier to tie up pipelines in legal problem, extending the time frame for tree hugging anti fossil fuel interests. Who will build infrastructure when you know you will be fighting some government bureaucracy or legal challenges?
We produce enough oil in the USA. We are the worlds #1 producer now. Biden has his stupid plan to push electric. Probably made deals with oil companies to reap rewards too. Which electric is produced mostly by fossil fuel anyhow. Plus the electric grid can't handle air conditioners let alone charge 300 million cars.
I've been a DRIP shareholder in a major electric utility since 1978 After 40 years of insufficient maintenance and investment the push is finally on for a modernization of the power grid both here and abroad as evidenced by last month's announcement by the European Power Commission of it's REPower UE initiative designed to do just that. Last year I sat in on a video conference by the head of the regional power grid that serves my area. He went on to point out that thanks to slow but steady upgrades to his grid, using modern transmission and storage equipment including storage battery technology new generation plants can be built where and and when according to the grids needs. In the fact over in the next county a private developer proposed to built a twin turbine gas fired power plant. One turbine would be connected to serve east while the other would send power up north. Well, the grid made a couple of things quite clear. It could see no need for the one turbine and whatever the case the developer would first have to find a way to knock 70 million dollars worth of costs out of the project in order to have even a slim chance of competing in the rate deregulated market the grid operates in.
You’re a drip all right…
And DIDO/Union Strong. when I speak of this particular drip it's obviously one you know nothing about or would ever know anything about without you first going down to the public library and ask to use their free computer and internet to look it up.
I know one when I see one. DIDO
