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In this specific case, we had come a long way towards achieving a significant degree of autonomy from imported oil. There are many benefits to that including not having to .... think about Saudi Arabia so much.
Biden has upended all that with predicable negative results. And now he must go to them and Venezuela on bended knees.
It is not a question of getting apoplectic. We have been dealing with the Saudis since at least FDR. Business is business. But from a position of weakness (like Nixon) is rather humiliating.
It's because everybody is rightfully afraid of what he might do or say when he meets with foreign leaders. There's just no telling.
Status:
"Let this year be over..."
(set 22 days ago)
Location: Where my bills arrive
19,219 posts, read 17,091,524 times
Reputation: 15538
Quote:
Originally Posted by Mathguy
Lol.
You want to take credit for green initiatives designed to move us off fossil fuels but that's going to create some economic bumps in the road which in turn you are trying to blame on the industry you're trying to end.
"Hey, we're trying to destroy the fossil fuel industry in the next 20 years and have passed a bunch of laws and incentives for electric...but if this makes gas prices go up at all we're just going to blame you for not investing more in a dying industry that we're killing with our policies."
Terrible terrible attempt at passing the buck. Can't you just blame Kroger?
Economics alludes you? The industry had wound down to near nothing do to covid and the reduction in world demand. Oil prices dropped to below $25 a barrel in 2020, with oil at dirt cheap prices there was no incentive to invest/expand the industry. https://tradingeconomics.com/commodity/crude-oil
But today "The nation's plants are running at about 94% of operable capacity, the highest since September 2019." but our total capacity is down which is why I call out the industry..https://www.reuters.com/business/ene...ia-2022-06-21/
But you feel free to keep posting the rhetoric from Twitter and Fox because those incomplete sentences are much easier to read....
In this specific case, we had come a long way towards achieving a significant degree of autonomy from imported oil. There are many benefits to that including not having to .... think about Saudi Arabia so much.
Biden has upended all that with predicable negative results. And now he must go to them and Venezuela on bended knees.
It is not a question of getting apoplectic. We have been dealing with the Saudis since at least FDR. Business is business. But from a position of weakness (like Nixon) is rather humiliating.
How did Biden upend it? We now are a net exporter of petroleum, with a net export of 1.3 million barrels per day, the highest in modern history.
It's because everybody is rightfully afraid of what he might do or say when he meets with foreign leaders. There's just no telling.
Does anyone take this buffoon seriously? He may be the President but he's pretty much destroyed any credibility he may have had in the short time since he emerged from his basement. The cleanup by his staff of his daily teleprompter misreads seems to be OK with everyone in charge... so just let him babble on while the Easter Bunny guides him back to something more appropriate.
I love how the right wingers loved it when Trump kissed their behinds, and went wild demanding that Biden try and do more about gas prices.....and when he does now they lose their minds about that. It really doesnt matter what he does you will pick the opposite.
You just cant make this up. Do none of you have any self reflection going on?
America's relationship with Saudi Arabia has always been utterly shameful. Couldn't care less who's going there, it's a stain on our country that we remains such staunch allies.
Shameful is subjective.
They have oil, we need oil (despite having plenty). They're our friends.
Quote:
Originally Posted by cuebald
Until we finally wean ourselves off of our addiction to oil and build sufficient infrastructure amenable to EVs, we will continue to be held hostage by the Saudis and other oil producing countries.
EVs don't solve oil/gas dependence, only mass transportation can do that.
MBS is an evil dude. But refusing to meet him doesn't hurt him one bit, but just makes us look childish.
From what I have read MBS is de facto running SA and he has made many reforms there to make the kingdom more modern and less extremist. Having said/written that, SA is still not a democracy in any shape or form.
I love how the right wingers loved it when Trump kissed their behinds, and went wild demanding that Biden try and do more about gas prices.....and when he does now they lose their minds about that. It really doesnt matter what he does you will pick the opposite.
You just cant make this up. Do none of you have any self reflection going on?
No, it's the Democrats' original silly, mean-girl "we aren't talking to them" approach, and its quick reversal, that people are mocking. It's emblematic of Democratic policies as a whole: poorly thought-out, feel-good policies that don't work out in real life at all.
Read the papers. Biden declared war on our domestic energy production.
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