Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Biden also banning drilling on some Native American lands which the Native tribes oppose since they would have collect royalties from the drilling companies. How very supportive of this Administration of one of the poorest demographic groups in the country right? All because Biden is bending over and letting the environmentalist whackos dictate his agenda
Quote:
The Biden administration is expected to soon finalize a rule banning oil and gas leasing near a Native American historical site despite heavy opposition from local Indigenous leaders, who say the administration's rule would prevent them from collecting royalties on their land.
but we are talking crude oil production...why move the goal posts?
That was an earlier topic yes...not what I was responding to.
Bottom line still is that oil production has grown substantially since Biden took over. Near all time highs. Was only ever higher for around a year in 2019/20. Significantly higher than Trump's first year of 2017 and most of 2018.
That was an earlier topic yes...not what I was responding to.
Bottom line still is that oil production has grown substantially since Biden took over.
Because the economy opened back up after the pandemic shutdowns led by Blue states so of course oil production would rise once businesses were allowed to operate again. This is not because of Biden's policies. He wants to shrink oil consumption by design. At least admit that much
Quote:
Originally Posted by Sepur_Man
Why do you blame Brandon, and not the very people who control the prices and have no incentive to help the situation? They're only beholden to oil investors. That's it.
You guys don't realize that these companies are cartels, and they price gauge the entire planet. They have control of the prices. The president does not.
You're defending the very people who are f*ing you over. Take the power away from gas giants.
This President has discouraged oil production until he realized that the high cost of fuel will tank the economy. Now he's a little too late in trying to change his rhetoric
Obviously there are market factors involved in the price of crude but that's not to say that government policies can't encourage/discourage domestic oil production. OPEC is cutting oil production because China's economy has basically come to a stop. in a few weeks or so watch gas prices shoot through the roof again across the US. This will have an impact on our economy and inflation. A 2 million barrel a day cut would be the deepest cut in oil production since the start of the COVID-19 pandemic in 2020. Definitely not good news for anyone (except environmentalist whackos)
He did kill the XL portion of the Keystone pipeline, which would have provided and additional 900,000 barrels of oil per day. We really could have used that...
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
