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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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<blockquote data-quote="Guitarman01" data-source="post: 5306937" data-attributes="member: 90385"><p>Lets keep this stat in mind as well as opposed to just making up numbers in our head.</p><p>By 2050, global energy use increases nearly 50%, driven by economic growth and population.</p><p>According to the U.S. Energy Information Administration’s (EIA) <a href="https://www.eia.gov/outlooks/ieo/" target="_blank"><em>International Energy Outlook 2021</em></a> (IEO2021), the global supply of crude oil, other liquid hydrocarbons, and biofuels is expected to be adequate to meet the world's demand for liquid fuels through 2050. There is substantial uncertainty about the levels of future liquid fuels supply and demand.</p><p></p><p>People think its bad now?</p><p>We must do everything we can to keep the oil we do have remaining in the ground, that means a shift to renewable energy, it has to happen, you can not wait on it.</p><p>If we were to still heavily rely on crude oil and our supplies dwindle before lets say a Russia or Sudia Arabia, guess what happens? We are no longer the superpower.</p><p></p><p>[URL unfurl="true"]https://www.eia.gov/outlooks/ieo/pdf/IEO2021_ReleasePresentation.pdf[/URL]</p><p></p><p>Next time a person just wants to blame Democrats or Biden, which I get he is sort of this lame duck president, dont think republicans have some sort of magical answer because Pence is tweeting about gas prices from 2 years ago when the whole world was on lockdown. Hes playing to a base that doesnt know any better.</p><p>There's a whole list of countries right now that have it a hell of alot worse then we do atm.</p><p></p><p>[URL unfurl="true"]https://www.globalpetrolprices.com/gasoline_prices/[/URL]</p></blockquote><p></p>
[QUOTE="Guitarman01, post: 5306937, member: 90385"] Lets keep this stat in mind as well as opposed to just making up numbers in our head. By 2050, global energy use increases nearly 50%, driven by economic growth and population. According to the U.S. Energy Information Administration’s (EIA) [URL='https://www.eia.gov/outlooks/ieo/'][I]International Energy Outlook 2021[/I][/URL] (IEO2021), the global supply of crude oil, other liquid hydrocarbons, and biofuels is expected to be adequate to meet the world's demand for liquid fuels through 2050. There is substantial uncertainty about the levels of future liquid fuels supply and demand. People think its bad now? We must do everything we can to keep the oil we do have remaining in the ground, that means a shift to renewable energy, it has to happen, you can not wait on it. If we were to still heavily rely on crude oil and our supplies dwindle before lets say a Russia or Sudia Arabia, guess what happens? We are no longer the superpower. [URL unfurl="true"]https://www.eia.gov/outlooks/ieo/pdf/IEO2021_ReleasePresentation.pdf[/URL] Next time a person just wants to blame Democrats or Biden, which I get he is sort of this lame duck president, dont think republicans have some sort of magical answer because Pence is tweeting about gas prices from 2 years ago when the whole world was on lockdown. Hes playing to a base that doesnt know any better. There's a whole list of countries right now that have it a hell of alot worse then we do atm. [URL unfurl="true"]https://www.globalpetrolprices.com/gasoline_prices/[/URL] [/QUOTE]
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