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Repeat with me: the president does not control global petroleum prices. And the White House has minuscule influence over the global economy. Targeting Biden as the culprit for high gas prices is like targeting Trump for COVID.
If I’m paying $3.30/gallon in Texas, and folks on the west coast pay $5-6+, News flash: that ain’t Biden.
Haha, that's another discussion for another time and one that I don't feel qualified to speak on.
I'm confident I can look up averages and know when the math isn't mathing correctly, I'm much less qualified to speak about who controls what and how it affects everyone.
Yeah, surely only permitting certain areas has nothing to do with it.
Or when some of the first words out of his mouth were about putting an end to "fossil fuels". (Which is a stupid phrase)
he should have said "putting an end to fossils in DC"
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If you guys think gas prices are high now (and they are!) wait till next year.
Putin and the Saudis have met and decided to drop production numbers to drive prices up, and they will keep going up till the election.
Next year at this time it will be $6-7 a gallon.
Why?
Because they want their lackey back in office in 2025.
So, I guess in a back-handed way, it's Biden's fault for getting elected in the first place.
Well, that will be a good thing.... If you're referring to Trump as their lackey(?) gets re-elected, then we can become energy independent again.
Depends on the definition of “independent”. Can the US produce enough oil to satisfy domestic demand? Yes, kinda. We produce more oil than we consume when looking at raw numbers. However, a massive shift in consumption would need to transpire, due to the variations in crude oil quality, extraction, and refining. In other words, we export what doesn’t fit our economic models, and import what does.
Meaning, no, we are not energy independent, and have not been for many decades.
The rise in our prices started day one of his administration.
You remember that, it was when he shut down construction on a pipeline capable of delivering more of our own crude to our own refineries.
Thus continuing on with our path to energy self sufficiency.
He damn sure couldn't have that happening on his watch.
There was no, behind the scenes, profit in that for he and his family.
So he damn sure did have an effect on our price at the pump.
That pipeline (Keystone XL) was not going to supply any oil for domestic use.
It would have transported Canadian tar sands oil to Texas and Louisiana to be exported overseas.
It wasn't even 'our' oil, so how would it have had any impact on 'energy self-sufficiency'?
It had no effect whatsoever on our prices at the pump.
It would not have even been operational for 5-7 years.
If Biden came out today and said he was resurrecting keystone xl, was opening more public land to drilling, offering tax incentives to build new refineries in America, and saw fossil fuels as an integral part of Americas energy future, and that America is going to do everything possible in the immediate future to flood the market with American oil...
Oil prices would drop immediately, and we'd see that at the pump. He won't do that though...its not in the plan.
Nobody can tell me the president of the United States (one of the largest oil producers in the World) can't control oil prices. Just like how OPEC can cause prices to go up simply by announcing they will be cutting production, or can cause them to go down simply by announcing they will be increasing production. It's so funny that some seem to believe Putin, or China or Opec can control oil prices, but not America...come folks.
Yes, the Saudis and Russia can manipulate global oil prices because those nations are controlled by oligarchs and borderline dictators. The US president can make incremental policy changes but cannot directly impact production and exports at anywhere close to that level.
If Biden = higher petroleum prices, then Trump = COVID. He was in office when the virus hit, right? The rationale used in both scenarios is the same. Just like the same rationale dismisses both.
Sure, it’s fun to take shots at Biden. But in reality, your governor has more impact on you day to day operations than the WH.
You seem to think US policy isn’t effective on a global scale. We’re certainly going to have to disagree on that.
The Keystone initial life-cycle was 5-7 years? I think the idea was that it would operate on it’s initial build for 5-7 and with upkeep & maint could be used as long as supply was avail.
BTW, How’s that oil being transported now? By “who’s” railroad? Who owns and operates BNSF?
So, I’ll ask: what’s safer and uses considerably less energy and resources…the pipeline or a bunch of rail-car-tankers? How many train crashes have we read about in recent history? How’s that environmental situation down in Ohio? Has Joe been down there to see it…yet?
The polices of this administration are purely leftist-political silliness and lack any sensibility.
Not the life-cycle. The start up would have been 5-7 years from the construction getting the go-ahead.
We’re talking about “XL”…they’d started initial work. Also, you said…
”That pipeline (Keystone XL) was not going to supply any oil for domestic use.”
Meanwhile…that was merely part of the debate since the XL project ALLOWED for its content to be exported if desired. Where that oil was to be used was still an open issue.
The work and begun: pipe and pump stations were assembled and on site. People had been hired and had relocated. A lot of people.
What do you recall the reason being for shutting it down?
How is it that you’re building race cars but your on-board with Joe’s commentary of “shutting down the fossil fuel industry”?
BTW, XL was going to increase and improve supplies to an EXISTING PIPELINE.
XL was employing a lot of people with REAL JOBS that paid REAL WELL.
This is a prime example of the virtue signaling coming from this administration that has no real world reasoning.
It's worked out pretty well for Hunter.
What if that "mass shooter" was a member of the SWAT team taking out bad guys? Before one shot him? There's always a plot twist. So if you don't know the facts, the conclusion likely flawed.
Pit Row
You know and I know that no matter what Joe says, the fossil fuel industry will outlive you and me.
Also, the motor racing industry is slowly making the same shift away from fossil-fuels
The current IMSA cars that we build for Cadillac and BMW are hybrids.
The 2024 Indycar will be hybrid. We are in the process of building and supply retro-fit kits for 100 Indycars. They also run Shell 'Renewable' race fuel, aka ethanol.
MotoGP is going to synthetic fuels, no more fossil fuels there.
Formula One will be all synthetic fuel from 2026 onwards, and has a 'net-zero' initiative by 2030.
Manny, the only fossils that will be left are you and me
What the he'll you talking about? Their "lackey" is in office. They own the current resident of the White House.
TM
Well, that’s a leap! Certainly US policy has an impact globally. We are the world’s largest economic power, so D.C.’s policies definitely affect global events.
As for petroleum prices, the WH has substantially less influence. Other than launching an assault against a top oil-producing nation, the president can only tweak global pricing via transactional policy mandates. The president cannot directly control the petroleum companies without serious consequences, and would need overwhelming support from congress, especially those districts heavily tied to the energy sector.
Conversely, Saudi and Russian leadership can and does directly control oil production and exports. Hence they have more influence over global pricing that the president. Barring a WH-approved attack on refineries, of course.
Bro, we are just F’ing Fossils!
When they find our bones, they’re going to be baffled by all the glass and graphite fibers in them.
“They must have been fabricated organic droids!”
Psssssst…
You left out “pipelines”.
So let me get this straight. The Biden administration is crippling, if not all out canceling U.S. energy development, and your perspective is the WH has no influence on oil pricing?
That's the glaring hole in his argument
Not sure where you get your info about "crippling, if not all out canceling U.S. energy development"
Domestic production is projected to reach an all-time record high of 12.9 million barrels a day by the end of this year, according to the U.S. Energy Information Administration. A data analysis by E&E News also shows that the Bureau of Land Management has approved more oil and gas leases on federal lands during Biden’s first two years and seven months as president than former President Trump did during the same amount of time at the beginning of his administration.
https://www.eenews.net/articles/oil-production-is-surging-how-much-is-d…
Repeat after me just because democcrats say the president doesn't have any influence over our price of fuel doesn't mean it's true.
So from someone who's has a couple family members working in texas for oil companies, an ex who's a petroleum engineer, close family friends that own Altom oil and Warren oil as well as another friend working for BP in whiting Indiana. Your not just wrong your parroting liberal green movement lies.
We have enough oil for gas/diesel and the ability to refine it to keep our gas prices at any price point we want despite what bric or opec decide to do. We are one of the few countries in the world that global prices do not effect us in the same way as say Britain or Germany.
Yep in Illinois/Indiana during the Trump years our gas was give or take 10 cents of average. During Biden we haven't even been close most the time. Right now I'm paying 3.89 if I head south or to certin suburbs I can get it for 3.69. Our gas prices have been north of 3.99 more then they've been under. In Chicago their still paying 4.04 a gal of regular.
My average as well as the national average during bidens years should be higher. Illinois like other blue states suspended their tax hikes during their election cycle for a whole year.
If what you are saying is true, then I'd say the oil companies are the reason price at the pump is so high.
How does the President take the blame if "We have enough oil for gas/diesel and the ability to refine it to keep our gas prices at any price point we want despite what bric or opec decide to do. We are one of the few countries in the world that global prices do not effect us in the same way as say Britain or Germany."
So, we were able to enjoy lower fuel prices while extracting less oil under the Trump administration than the Biden administration.
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