Biden's energy secretary laughs and cedes all control to OPEC when asked about oil prices

lol actually the Saudis are calling for their partners to increase production, not decrease it. People are really confused about this whole cartel thing and the insider battles going on; they actually thing there is a 'free market' or something, when the only 'market' is that one between these guys and their fellow price fixers.
 
lol actually the Saudis are calling for their partners to increase production, not decrease it. People are really confused about this whole cartel thing and the insider battles going on; they actually thing there is a 'free market' or something, when the only 'market' is that one between these guys and their fellow price fixers.


 

I beleive oil industry's accounting as much as I believe in shapeshifting lizard people killed all our leaders and assumed their identities. Instead of biased websites get a text on oil and gas accounting; you will find all kinds of mythical 'deductible expenses' and tax bennies regular businesses don't get, unless of course they contribute to winning political campaigns of committee chairmen.
 
I beleive oil industry's accounting as much as I believe in shapeshifting lizard people killed all our leaders and assumed their identities. Instead of biased websites get a text on oil and gas accounting; you will find all kinds of mythical 'deductible expenses' and tax bennies regular businesses don't get, unless of course they contribute to winning political campgaigns of committee chairmen.

profit_margins.0.jpg
 

All that 'proves' is big boys want to move their money around into other boom stock; that has been the case for the last 3 years and ain't nothing new. That's why they want cash dividends now as well, to gamble in the Big Casino with. Shell actually reported a few billion in losses, due to some stupid plays in derivatives.

Meanwhile, Putin is squeezing Europe yet again, and selling oil and gas to Europe is lucrative at the moment. Ask the Moldavians and the lobbyists for the big gas pipeline from Russia.
 
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We all know Joe Biden is in bed with his middle eastern pals, but for his energy secretary to flat out laugh in the faces of people struggling to pay for gas right now is despicable. These people are garbage.


Unbelievable.
She basically, no actually, just said "I can't do anything... America is powerless when it comes to oil prices".
Wow.
And this is what you get when you voted for someone so someone else would lose.
 
Bush said the same thing that Biden's energy secretary said..

WASHINGTON (Reuters) - U.S. President George W. Bush said on Tuesday there was no “magic wand” to bring down record-high fuel prices but would consider a proposal to suspend federal gasoline taxes this summer -- an idea that has divided the 2008 presidential candidates.
 
Unbelievable.
She basically, no actually, just said "I can't do anything... America is powerless when it comes to oil prices".
Wow.
And this is what you get when you voted for someone so someone else would lose.
What is not the truth about the statement?
 
We all know Joe Biden is in bed with his middle eastern pals, but for his energy secretary to flat out laugh in the faces of people struggling to pay for gas right now is despicable. These people are garbage.


And his Commerce Secretary told us to call Fed Ex regarding the supply change shortage. Unparalleled incompetence.
 
Bush said the same thing that Biden's energy secretary said..

WASHINGTON (Reuters) - U.S. President George W. Bush said on Tuesday there was no “magic wand” to bring down record-high fuel prices but would consider a proposal to suspend federal gasoline taxes this summer -- an idea that has divided the 2008 presidential candidates.

Biden should be suspending federal gas taxes as well, but he doesn't give a fuck about Americans so he won't.
 
Bush said the same thing that Biden's energy secretary said..

WASHINGTON (Reuters) - U.S. President George W. Bush said on Tuesday there was no “magic wand” to bring down record-high fuel prices but would consider a proposal to suspend federal gasoline taxes this summer -- an idea that has divided the 2008 presidential candidates.
You left out what else he said. That he repeatedly offered proposals to make America more energy independent, and the Democrat run congress refused to even discuss it.
You also see he wanted to temporarily suspend federal gas taxes, also turned down by the Democrat ran congress.
You should actually read what you link
 

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