Biden crushes US oil industry and Russia profits from it

[surada]

Trump wasn't, the price of oil came down and stayed down while he was President.

During the worst of the COVID lockdown. US oil production doubled during the Obama years.

 

[surada]

US oil production has increased 20 percent under Biden.

 

[Nova78]

US oil production has increased 20 percent under Biden.

You're a stooge.

 

[Nova78]

During the worst of the COVID lockdown. US oil production doubled during the Obama years.

 

[Not a Monkeys Uncle]

You're a stooge.

He is worse than that.

 

[Not a Monkeys Uncle]

Biden’s Many Anti-Energy Policies Are Hurting Producers, Consumers Alike

When Energy Secretary Jennifer Granholm addressed the National Petroleum Council on Tuesday, she announced that the administration would not impose a ban on crude oil exports in an effort to tamp down gasoline and diesel prices.

www.heritage.org

 

[AzogtheDefiler]

US oil production has increased 20 percent under Biden.

Fuzzy math. Increased because it was so low due to COVID19 lockdowns, Islamist.

 

[Not a Monkeys Uncle]

Kudlow: The fossil fuel jihad has intensified

 

[surada]

Fuzzy math. Increased because it was so low due to COVID19 lockdowns, Islamist.

That's right.... And Brent just exceeded $100

 

[Not a Monkeys Uncle]

Putin is smiling as Biden kills the world's greatest energy industry

Kudlow: Putin is smiling as Biden kills the world's greatest energy industry

FOX Business host Larry Kudlow gives his take on Biden's energy policies on Friday's 'Kudlow.'

www.foxbusiness.com

 

[surada]

Putin is smiling as Biden kills the world's greatest energy industry

Kudlow: Putin is smiling as Biden kills the world's greatest energy industry

FOX Business host Larry Kudlow gives his take on Biden's energy policies on Friday's 'Kudlow.'

www.foxbusiness.com

This is a stupid piece by Fox. The oil companies are not investing in more capacity. They are putting profits back to shareholders. Biden can't control that. You must be a socialist.

 

[Not a Monkeys Uncle]

This is a stupid piece by Fox.

You are a lying sack of shit.

 

[Not a Monkeys Uncle]

Biden Oil Halt Called ‘Crushing Blow’ to Western U.S. States

Biden Oil Halt Called ‘Crushing Blow’ to Western U.S. States

Western state officials say President Joe Biden’s executive order halting new leases for oil and gas leasing on federal lands will slash investment, cut jobs, drop wages, and pummel tax revenues throughout the region.

news.bloomberglaw.com

 

[surada]

Biden Shuts Down Keystone Pipeline, Removes Sanctions From Nord Stream 2, Then Imports Tons of Oil From Russia

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djhjmedia.com

To be fair, Biden is not just importing oil from Russia, he is importing oil from Iran also. But the bigger question might be what are the cuts for Hunter and The Big Guy? Someone is benefiting from all of this at the expense of Americans. Might as well go with the most likely ones first. Under Trump, this country reached energy independence for the first time, and under Biden, it has gone to hell in a handbasket.

Energynow.com reports:

One year since President Joe Biden cancelled approval for the Keystone XL pipeline from Canada, and the United States’ thirst for oil is as strong as ever and rising.

U.S. oil imports from Saudi Arabia and Russia have increased, and gasoline prices are higher than they have been in the last five years.

“[Keystone XL] was a missed opportunity to increase North American energy security, lower costs for American consumers and reduce dependence on foreign energy sources that are hostile to U.S. interests,” says Frank Macchiarola, senior vice-president with the American Petroleum Institute.

Renewable energy in the U.S. is growing, and demand for oil continues to surge.

Consumption in 2023 is expected to reach 17.2 million barrels per day, higher than before the COVID-19 pandemic, according to the U.S. Energy Information Administration.

Before President Biden’s cancellation in January 2021, Canadian oil producers remained committed to Keystone XL despite waiting nearly 12 years for the project to go ahead.

In 2018, a decade after the first regulatory application, Keystone XL had 20-year shipping commitments for about 60 per cent of its capacity. In 2020, that increased to nearly 70 per cent.

The U.S. Gulf Coast is the world’s largest processing region for what is known as “heavy oil,” and Alberta is the world’s largest heavy oil producer.

“Keystone XL was probably one of the largest pipeline projects proposed that would have tied Canadian supply to the U.S. Gulf coast as a bullet train express,” says Kevin Birn, chief analyst, Canadian crude oil markets with consultancy IHS Markit.

The most recent data from the U.S. Energy Information Administration shows that in May, 844,000 barrels of oil were imported from Russia. This makes Biden the real Putin puppet. Was it for profit or for blackmail? We may never know, but we do know it was not done for the American people.

More stupidity. Keystone XL only benefits the Chinese. We started buying oil from Russia after Trump put sanctions on Venezuela. We buy very little oil from Saudi Arabia. They have other markets. There's no spare capacity.

 

[surada]

You are a lying sack of shit.

Fox can feed you a line of bullshit because you are really ignorant about the oil supply.

 

[Not a Monkeys Uncle]

Biden's self-inflicted energy crisis

Pavlich: Biden’s self-inflicted energy crisis

Politically, and with plummeting poll numbers, the White House has been grasping for someone to blame, prompting Biden to berate OPEC for rising costs.

thehill.com

According to the U.S. Energy Information Administration, heating costs for American families will increase by 54 percent this winter, making it the most expensive in over a decade. Given President Biden’s statements on the 2020 campaign trail, where he launched a war on domestic energy production, this was entirely predictable.

“The Biden campaign made a clear and unequivocal campaign promise to end fossil fuel leasing on public land,” Sierra Club Executive Director Michael Brune told The Washington Post shortly after Election Day.

Just hours after his inauguration, President Biden walked into the Oval Office and issued an executive order stopping construction on the Keystone XL pipeline. One week later, he followed through on promises made to halt new oil and gas leasing on federal land. The White House justified the moves as crucial to combating climate change. Currently, the administration is considering the shutdown of the L5 pipeline that runs from Canada to Michigan, which would further limit energy transport and supply.

Biden’s choice of Kamala Harris, the most progressive member of the Senate, as running mate was also a precursor. After all, Harris endorsed the Green New Deal with socialist Rep. Alexandria Ocasio-Cortez (D-N.Y.). They also co-sponsored the Climate Equity Act.

“It’s not about a cost. It’s about an investment,” Harris said about the push in 2019.

The cost is here and Americans are paying the price.

“I must tell you. I don’t have a near-term answer,” Biden said during a recent CNN town hall when asked about energy becoming more expensive. “It’s going to be hard.”

“That is hilarious. Would that I had the magic wand on this,” Energy Secretary Jennifer Granholm told CNBC, laughing out loud when asked what her plans were to increase oil production in the U.S.

Despite claims to the contrary from Biden administration officials, the White House can control energy costs. We know this because it’s been done before.

 

[surada]

Biden's self-inflicted energy crisis

Pavlich: Biden’s self-inflicted energy crisis

Politically, and with plummeting poll numbers, the White House has been grasping for someone to blame, prompting Biden to berate OPEC for rising costs.

thehill.com

According to the U.S. Energy Information Administration, heating costs for American families will increase by 54 percent this winter, making it the most expensive in over a decade. Given President Biden’s statements on the 2020 campaign trail, where he launched a war on domestic energy production, this was entirely predictable.

“The Biden campaign made a clear and unequivocal campaign promise to end fossil fuel leasing on public land,” Sierra Club Executive Director Michael Brune told The Washington Post shortly after Election Day.

Just hours after his inauguration, President Biden walked into the Oval Office and issued an executive order stopping construction on the Keystone XL pipeline. One week later, he followed through on promises made to halt new oil and gas leasing on federal land. The White House justified the moves as crucial to combating climate change. Currently, the administration is considering the shutdown of the L5 pipeline that runs from Canada to Michigan, which would further limit energy transport and supply.

Biden’s choice of Kamala Harris, the most progressive member of the Senate, as running mate was also a precursor. After all, Harris endorsed the Green New Deal with socialist Rep. Alexandria Ocasio-Cortez (D-N.Y.). They also co-sponsored the Climate Equity Act.

“It’s not about a cost. It’s about an investment,” Harris said about the push in 2019.

The cost is here and Americans are paying the price.

“I must tell you. I don’t have a near-term answer,” Biden said during a recent CNN town hall when asked about energy becoming more expensive. “It’s going to be hard.”

“That is hilarious. Would that I had the magic wand on this,” Energy Secretary Jennifer Granholm told CNBC, laughing out loud when asked what her plans were to increase oil production in the U.S.

Despite claims to the contrary from Biden administration officials, the White House can control energy costs. We know this because it’s been done before.

The Hill has known for a decade that keystone XL is strictly a tax dodge at the expense of the American people. It's an export pipe line.

 

[Not a Monkeys Uncle]

Well, the Russian bag lady (wife of the Mayor of Moscow) did give the Biden family a few million in cash so this is their investment reaping benefits.

Biden has a long history of selling out his country. Just one more example.

Correct

 

[AzogtheDefiler]

That's right...

So you admit you knew it was fuzzy math but didn’t divulge that initially. Your dishonesty is noted, Islamist.

 

[Not a Monkeys Uncle]

So you admit you knew it was fuzzy math but didn’t divulge that initially. Your dishonesty is noted, Islamist.