Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

[Ordinary Guy]

Domestic oil production is booming, you idiot.

no it is not, many companies that were open 3 years ago are not drilling anywhere now, dumbass

 

[Ordinary Guy]

Wait a second the younger Bush attacked and invaded Iraq ( republican ) , a Republican Congress pushed through the Nazi legislation that was homeland Security and Trump wanted to ban ALL Muslims. And you're attempting to blame the Democrats. LOL !

credit ratings have dipped twice under Biden jackass, let the adults talk

 

[surada]

no it is not, many companies that were open 3 years ago are not drilling anywhere now, dumbass

Look at the numbers. We're producing more than in 2019.

 

[Ordinary Guy]

The president , past or present , has very little control over oil prices. Although oil usage in the Western World has decreased, it's use is exploding in the developing world, especially China and India. So the demand is greater than ever. Saudi Arabia realizes that their oil ( fields now half depleted ) isn't going to last much longer ; by rationing it out they can get a bigger buck for the bang. Supply and Demand , among other factors , determines the price. I don't see it ever getting cheap again. A slow climb to about $10.00 a gallon by 2030. Nothing / no one can change that.

we are still behind 2019 on domestic production

U.S. won't reach a new record in oil production 'ever again,' says Pioneer Natural Resources CEO

The White House has pushed oil companies to produce more oil to bring down gas prices, but a top oil CEO says there is isn't much room to grow.

www.cnbc.com

 

[Ordinary Guy]

Look at the numbers. We're producing more than in 2019.

less asshole, even the leftwing sites tell you that

U.S. won't reach a new record in oil production 'ever again,' says Pioneer Natural Resources CEO

The White House has pushed oil companies to produce more oil to bring down gas prices, but a top oil CEO says there is isn't much room to grow.

www.cnbc.com

 

[Ordinary Guy]

Idiot. So Biden is responsible for OPEC decisions now?

OPEC’s Production Drops More Than 1 Million Bpd In July: Argus | OilPrice.com

A third survey has come in showing that OPEC’s production dipped even more than earlier estimates, according to Argus, which showed that production fell in July by more than 1 million bpd

oilprice.com

And I guess in that empty space between your ears, you don’t know that any of this is very easily researched information right?

Gas Prices Inch Higher As TotalEnergies Shuts Down Port Arthur Refinery | OilPrice.com

TotalEnergies had to shut down a unit at its Port Arthur refinery in Texas due to a leaky pump, further exacerbating recent refinery outages that have pushed U.S. gasoline prices higher.

oilprice.com

No jackass, his policies directed to drive down domestic numbers are what he is responsible for, go away fucking programmed retard, now wonder this country is going in the shitter, too many programmed nut jobs like yourself

U.S. won't reach a new record in oil production 'ever again,' says Pioneer Natural Resources CEO

The White House has pushed oil companies to produce more oil to bring down gas prices, but a top oil CEO says there is isn't much room to grow.

www.cnbc.com

 

[beagle9]

This has nothing to do with the US president. This is a response to market demand.

OPEC is always slightly cheaper than domestic crude.

It has everything to do with the knucklehead in charge, so you can take your lying bull shite and stuff it. People aren't as stupid as you leftist butt heads think. Get over yourself already.

 

[JustAGuy1]

less asshole, even the leftwing sites tell you that

U.S. won't reach a new record in oil production 'ever again,' says Pioneer Natural Resources CEO

The White House has pushed oil companies to produce more oil to bring down gas prices, but a top oil CEO says there is isn't much room to grow.

www.cnbc.com

She's been everywhere, done everything, and knows everything.

 

[surada]

we are still behind 2019 on domestic production

U.S. won't reach a new record in oil production 'ever again,' says Pioneer Natural Resources CEO

The White House has pushed oil companies to produce more oil to bring down gas prices, but a top oil CEO says there is isn't much room to grow.

www.cnbc.com

That's not true. Your link is from March.

 

[otto105]

Thank you Mr President! Low life piece of shit- OG

Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

www.foxbusiness.com

Hilarious fuckup.

You still have your money in your pillow?

 

[otto105]

Potential? Where have you been the last couple weeks?

$3.69 in my AO, up .34 cents in less than two weeks.

The price of gas is increasing due to the magaworld's demand for lighting.

 

[Mac-7]

The president of the US has nothing to do with the rise in.the cost of oil. Otherwise they would only be charging US more and not the entire world. It is in their best interest to get the biggest buck now for what oil they have left to position themselves well in the future. As ironic as it sounds they are inadvertently forcing US and the world to embrace renewables faster. So it's a good thing in the long run.Limited use of fossil fuels is more acceptable to anyone / everyone who wants a brighter future.

Biden has plenty of influence over the price of oil

He wants oil to be scarce and expendive but does not want to be blamed for it

 

[surada]

Biden has plenty of influence over the price of oil

He wants oil to be scarce and expendive but does not want to be blamed for it

US oil companies are returning profits to investors and focusing on stability instead of boom and bust. You don't know anything about the oil business.

 

[Ropey]

Once oil is no longer the de facto power source, the saudis will be back to camel beauty contests.

Surada might be able to win one of those if she self-identifies.

 

[surada]

Once oil is no longer the de facto power source, the saudis will be back to camel beauty contests.

Surada might be able to win one of those if she self-identifies.

Saudi Arabia has seamless downstream manufacturing. You probably should look after your own business.

 

[Ropey]

Saudi Arabia has seamless downstream manufacturing. You probably should look after your own business.

The only thing seamless in Saudi Arabia is the camel humping contests. I mean, that’s why the men wear dresses, isn’t it?

 

[konradv]

Thank you Mr President! Low life piece of shit- OG

Saudi Arabia to extend oil production cuts through September, signaling potential rise in US gas prices

Saudi Arabia is extending oil production cuts through the end of September in an effort to raise lagging prices, though analysts fear the move will raise gas prices in the U.S.

www.foxbusiness.com

They have to make up the $2B they gave Jared.

 

[surada]

no it is not, many companies that were open 3 years ago are not drilling anywhere now, dumbass

True many companies went bankrupt during Covid-19 but the survivors are producing like gangbusters... rig count is way up like it was during the Obama administration.

 

[Mac-7]

US oil companies are returning profits to investors and focusing on stability instead of boom and bust. You don't know anything about the oil business.

They are also reading the tea leaves that feature a lot of hate for oil companies coming ftom democrats

Just as the Saudi’s are doing

 

[surada]

They are also reading the tea leaves that feature a lot of hate for oil companies coming ftom democrats

Just as the Saudi’s are doing

That's really stupid. The Saudis are looking out for their economic interests. They are very astute when it comes to market demand.