Energy policy

Cie

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Fuel prices aren?t that high. We need to get a grip.

By releasing oil from our strategic reserves along with several non-OPEC countries, we will lower fuel prices temporary, but as in Obama 2nd term, This will be short term in nature. Biden has asked OPEC to increase production, none of whom are interested. Obviously they want prices at $60-$80 a barrel, which is currently where we are. These major oil producers dealt with super low oil prices for sometime, so this can be totally expected.

The thing is the United States is the largest oil producer in the world, not Saudi Arabia, not Venezuela, not Iraq and not Russia. Why don?t we incentivize our own producers to ramp up production ? If environment is the concern for Biden, then why would he ask other nations to produce more oil. Doesn?t matter where in the world the extra production comes from, it shoild still trigger the environmental concerns of the Uber left.

As is the case with most of the issues I have with this current administration, and with the Democratic Party in its curent state, our energy plan lacks common sense.
 

yyz

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Prices at the pump are right around where they were several years ago, when oil was $150 per barrel.

Big oil still makes $24B a year on gasoline.


Nothing new here.
 

Old School

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We have $150.00 cell phones that do practically anything in communication and research equipped w/cameras that record and convey our lives...

But we continue to be at the mercy of dirty filthy crude oil.

The world didn't stop turning on it's axis when blacksmith's and livery stables were diminished to ranch use.

It damn sure will continue without crude friggin' oil as it's fuel for transportation.

Stop the dumb shit already....


Rant over........
 

Cie

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Prices at the pump are right around where they were several years ago, when oil was $150 per barrel.

Big oil still makes $24B a year on gasoline.


Nothing new here.

Begging others to ramp up production without sweating global warming, while suppressing our own production due to global warming concerns. It doesn?t add up. I don?t care about profits of big oil or anyone else, and certainly our fuel prices are not out of hand. Hell, the state of Louisiana struggle significantly when oil prices are low as they had been. $60-80 works. Regardless, Producing here helps us economically. Why ask other countries to ramp up production while stifling our production? It can?t be for the environment because who gives a fuck where on earth we are polluting the environment? And, economically it?s a no brainer.

Why can?t we get to a common sense middle ground between the last administration to this administration on any issue. Of course part of the problem is that over 3/4 of us refuse to ever speak out against our own party. It?s fucking maddening.
 

Cie

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We have $150.00 cell phones that do practically anything in communication and research equipped w/cameras that record and convey our lives...

But we continue to be at the mercy of dirty filthy crude oil.

The world didn't stop turning on it's axis when blacksmith's and livery stables were diminished to ranch use.

It damn sure will continue without crude friggin' oil as it's fuel for transportation.

Stop the dumb shit already....


Rant over........

Cool, but unrelated. our administration is currently seeking other producers to ramp up production while stifling ours. How does that make sense? Why take the money out of our hands and give it to someone else?
 

yyz

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Begging others to ramp up production without sweating global warming, while suppressing our own production due to global warming concerns. It doesn?t add up. I don?t care about profits of big oil or anyone else, and certainly our fuel prices are not out of hand. Hell, the state of Louisiana struggle significantly when oil prices are low as they had been. $60-80 works. Regardless, Producing here helps us economically. Why ask other countries to ramp up production while stifling our production? It can?t be for the environment because who gives a fuck where on earth we are polluting the environment? And, economically it?s a no brainer.

Why can?t we get to a common sense middle ground between the last administration to this administration on any issue. Of course part of the problem is that over 3/4 of us refuse to ever speak out against our own party. It?s fucking maddening.

I guess I'm saying it doesn't seem to matter. Governments don't run the world, businesses do.
 

Cie

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I guess I'm saying it doesn't seem to matter. Governments don't run the world, businesses do.

But that?s not the case when it comes to energy. Even though we are one of the few countries on the planet who are not involved with our oil production, we ( feds) are making the decisions on where they can, whether they can and when they can produce. And, very specifically, if our administration feels the need to ramp up global production which is what I Gleaned from Biden requesting OPEC to increase production, then why not just increase production here. I?m sure it?s obvious to the group here that I?m not very bright. So, I?m hopeful that someone will enlighten me as to where I?m wrong here.
 

WhatsHisNuts

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Fuel prices aren?t that high. We need to get a grip.

By releasing oil from our strategic reserves along with several non-OPEC countries, we will lower fuel prices temporary, but as in Obama 2nd term, This will be short term in nature. Biden has asked OPEC to increase production, none of whom are interested. Obviously they want prices at $60-$80 a barrel, which is currently where we are. These major oil producers dealt with super low oil prices for sometime, so this can be totally expected.

The thing is the United States is the largest oil producer in the world, not Saudi Arabia, not Venezuela, not Iraq and not Russia. Why don?t we incentivize our own producers to ramp up production ? If environment is the concern for Biden, then why would he ask other nations to produce more oil. Doesn?t matter where in the world the extra production comes from, it shoild still trigger the environmental concerns of the Uber left.

As is the case with most of the issues I have with this current administration, and with the Democratic Party in its curent state, our energy plan lacks common sense.

How do we "get a grip" when half the country is being told (daily) the gas prices are directly due to the current President's performance? This is literally a right wing media talking point and the head of the party has been comparing prices during the pandemic lockdown to the highest price he can find.

If you are asking for the President to interfere in the American petrol market, that sounds counter to the free market capitalism that the Republican Party always point to as the answer to everything economic.

As for this National Reserve action, Biden might as well do it and point to any reduction as a victory. With half the country blaming him for something he didn't do, he might as well take it as an opportunity for a political win.
 

WhatsHisNuts

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Begging others to ramp up production without sweating global warming, while suppressing our own production due to global warming concerns. It doesn?t add up. I don?t care about profits of big oil or anyone else, and certainly our fuel prices are not out of hand. Hell, the state of Louisiana struggle significantly when oil prices are low as they had been. $60-80 works. Regardless, Producing here helps us economically. Why ask other countries to ramp up production while stifling our production? It can?t be for the environment because who gives a fuck where on earth we are polluting the environment? And, economically it?s a no brainer.

Why can?t we get to a common sense middle ground between the last administration to this administration on any issue. Of course part of the problem is that over 3/4 of us refuse to ever speak out against our own party. It?s fucking maddening.

How are they stifling US companies? What has changed from administration to administration? I'm asking honestly.

The Keystone Pipeline XL was still under construction so it's not like a tap was turned off, so hopefully that's not what you're pointing to.
 

Cie

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How do we "get a grip" when half the country is being told (daily) the gas prices are directly due to the current President's performance? This is literally a right wing media talking point and the head of the party has been comparing prices during the pandemic lockdown to the highest price he can find.

If you are asking for the President to interfere in the American petrol market, that sounds counter to the free market capitalism that the Republican Party always point to as the answer to everything economic.

As for this National Reserve action, Biden might as well do it and point to any reduction as a victory. With half the country blaming him for something he didn't do, he might as well take it as an opportunity for a political win.

What???? I couldn?t care less about the talking point that you speak of. Fuel prices simply aren?t even that high. What I?m talking about is completely unrelated to that.

Interference??? That is the opposite of what I?m asking I?m asking the president to not pass anti-production legislation. Don?t cripple production here, then beg others to produce more. It makes no sense.
 

Cie

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How are they stifling US companies? What has changed from administration to administration? I'm asking honestly.

The Keystone Pipeline XL was still under construction so it's not like a tap was turned off, so hopefully that's not what you're pointing to.

pretty clear that using climate change as justification, the current admin began its anti oil gas campaign In January by indefinitely shutting down (started with 60 days) oil and gas lease sales from public land and water. Of course, this admin?s Anti oil/gas rhetoric destabilizes investor base. Methane fee in new legislation is another attack on energy.


Keystone unrelated to this. Yes, it was silly move by our admin bc All that means is incredible amounts of oil will be transported by train and truck, which are both obviously far less climate change friendly than a pipeline.
 

WhatsHisNuts

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What???? I couldn?t care less about the talking point that you speak of. Fuel prices simply aren?t even that high. What I?m talking about is completely unrelated to that.

Interference??? That is the opposite of what I?m asking I?m asking the president to not pass anti-production legislation. Don?t cripple production here, then beg others to produce more. It makes no sense.

We're on the same page about fuel prices NOT being out of whack but if you listen to right wing media, they continue to point to rising gasoline prices and global inflation as evidence of Biden's poor performance.

For your second point, I'm confused. Has Biden already made changes to the policy or are you afraid of what he will do?
 

Cie

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We're on the same page about fuel prices NOT being out of whack but if you listen to right wing media, they continue to point to rising gasoline prices and global inflation as evidence of Biden's poor performance.

For your second point, I'm confused. Has Biden already made changes to the policy or are you afraid of what he will do?

He immediately suspended lease sales ?temporarily?.

Methane fee is in this legislation. Manchin opposes, so might be modified or removed in the senate since all republican senators are against it to my knowledge.

Bottom line, Mr. Biden understands that fossil fuels are wildly necessary at this time, so a more common sense approach would be to make the United States production friendly Giving our producers the opportunity,[ which admittedly at this point they don?t really want], to produce more, While continuing to fund and even superfund alternative measures so we can be far less fossil fuel dependent in three or four decades. Anti-US production rhetoric and policies are harmful and will further our dependence on foreign oil when it?s simply isn?t necessary. And, yes, I get it. It?s all for the good of global climate, But that leads me back to My original point that production and burning of fossil fuel contributes to global warming whether it occurs in Iraq or the USA.
 

WhatsHisNuts

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pretty clear that using climate change as justification, the current admin began its anti oil gas campaign In January by indefinitely shutting down (started with 60 days) oil and gas lease sales from public land and water. Of course, this admin?s Anti oil/gas rhetoric destabilizes investor base. Methane fee in new legislation is another attack on energy.


Keystone unrelated to this. Yes, it was silly move by our admin bc All that means is incredible amounts of oil will be transported by train and truck, which are both obviously far less climate change friendly than a pipeline.

I don't know anything about the "anti oil gas campaign" stuff. I'd be curious to read a pro/con piece on it.
 

DOGS THAT BARK

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How are they stifling US companies? What has changed from administration to administration? I'm asking honestly.

The Keystone Pipeline XL was still under construction so it's not like a tap was turned off, so hopefully that's not what you're pointing to.

Honestly..A year ago we were energy independent with gas prices around $2.00/gal...now highest prices in years.

It will be harder and harder for those trying to persuade folks...hey no problem with current gas and especially the coming raise in utilities. But as always there will be those trying to convince us otherwise.

https://seekingalpha.com/pr/18577282-biden-sets-out-oil-gas-leasing-reform-stops-short-of-ban
<header class="zfA bbA bbD bbJ" style="box-sizing: border-box; display: flex; align-items: flex-start; justify-content: space-between; color: rgb(0, 0, 0); font-family: -apple-system, BlinkMacSystemFont, Roboto, Arial, "Segoe UI", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 16px;">[h=1]Biden sets out oil, gas leasing reform, stops short of ban[/h]<button aria-expanded="false" aria-label="Share options" class="gcC gcA bbV bbA bbC bbG gcK bjK bjY bjA gcG zfF bcK bbV bbA bbD" data-test-id="custom-share-button" type="button" style="border-radius: 0px; cursor: pointer; font-family: inherit; font-size: 1rem; line-height: 1.1875rem; margin: 0px; overflow: hidden; appearance: button; background-image: initial; background-position: 0px 0px; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border-width: initial; border-style: none; border-color: initial; font-style: inherit; font-variant: inherit; font-weight: 400; font-stretch: inherit; padding: 16px 0px 0px; width: auto; display: flex; justify-content: center; flex-shrink: 0;"><svg viewBox="0 0 18 18" xmlns="http://www.w3.org/2000/svg" class="zfC bcD0">
</path></svg></button>
[COLOR=var(--sa-text-color-2)]Nov. 26, 2021 12:03 PM ET[/COLOR]BP p.l.c. (BP), XOM,CVX,RDS.B1 Comment


</header>Associated Press, The

ENERGY
<time datetime="2021-11-23" class="time" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font: inherit; vertical-align: baseline;">Published November 23</time>
[h=1]Oil reserves released by Biden expected to primarily go to China, India[/h][h=2]U.S. taps 50 million barrels of oil from reserves in an attempt to tamper spiking costs at the gas pump[/h]







 

WhatsHisNuts

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Come on, Wayne. Just because Trump said we were energy independent doesn't mean we were. For that matter, you could say that right now and be just as right.

The gasoline prices were really low last year because people weren't leaving their houses. Demand dropped like a rock during the early months of the pandemic.

Biden requested an investigation into the gas prices. (price has since dropped like a rock but they are blaming it on Omicron variant).
https://www.reuters.com/business/en...egal-conduct-by-oil-gas-companies-2021-11-17/

If the American companies need an incentive to produce, how about threatening the tens of billions in government subsidies? I bet that would help. We're giving these companies billions and they are raking in billions more in profit. No need for reform when they are getting corporate welfare, raking in billions in profit, and keeping supply low to keep prices high? Really?

Here's some info on that sale of the oil reserves. Not exactly salacious.
https://www.reuters.com/markets/com...bls-mostly-sour-crude-4-spr-sites-2021-11-25/
 
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