Saudi Arabia's Minister of State: It's Biden's Fault US Gas Prices Are High, Because President Hasn't Increased Domestic Oil Production

[pknopp]

Where are there oil shortages? If there are no shortages why should anyone be pumping more oil?

As I've pointed out many times, the price of oil and the fundamental's surrounding oil are two very different things.

Remove the many, many, many middlemen and prices stop fluctuating so much.

 

[Moonglow]

So we can all starve to death, ridding our planet of humans that are causing global warming that is going to destroy it?

Bonehead

No, it will make you realize the capitalist are not your friends but you dumbasses will see it is not the govt.that extracts the oil and refined it, it is not Biden, or Trump or any govt. entity.

 

[Moonglow]

Where are there oil shortages? If there are no shortages why should anyone be pumping more oil?

As I've pointed out many times, the price of oil and the fundamental's surrounding oil are two very different things.

Remove the many, many, many middlemen and prices stop fluctuating so much.

Leave out the manipulation and gouging and you have a product less volatile in price.

 

[surada]

Leave out the manipulation and gouging and you have a product less volatile in price.

The US imported a lot of oil in 2019.

The U.S. Still Imports A Lot Of Oil

In the shale-era since 2008, U. S. crude oil production has boomed 160% to over 13 million b/d, while demand has remained flat. Yet still, the country imports more oil than most Americans may realize.

www.forbes.com

 

[xyz]

Cool, radical Islamist dictator that did backdoor deals with Kushner and the Trump wannabe-junta blames Biden.

 

[Lesh]

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)

www.eia.gov

US oil production is at a 25 year high and projected to be at an ALL TIME high in 2023

Someone ought to tell that murdering POS MBS that he's full of shit

 

[skews13]

Spoken like a true man with common sense. The Saudi's and Opec+ have given the Usurper the finger on the international stage. The Minister is basically saying if Biden had left Trump's domestic Oil and Gas policies in place instead of knee jerk reversing them by executive order on inauguration day, we'd be enjoying cheap gas by the gallon today and our strategic oil reserves would have not had to have been opened. Again, common sense!

Top Saudi official says it's BIDEN'S fault US gas prices are high

Adel al-Jubeir, Saudi Arabia's Minister of State, spoke to Fox News Friday and said it's Washington's fault for not increasing domestic production.

www.dailymail.co.uk

Wrong. Gas prices are high because we allow oil and refined gasoline to be exported. Which used to be illegal.

But thanks for clarifying that your loyalties lie with the Saudi's that were complicit with the attacks on 9-11, and murdered an American journalist.

A real pal of the terrorists you are.

 

[jknowgood]

OPEC has always been cheaper than US oil. What are you talking about? The US isn't a member of OPEC.

If our oil gets in the market it will lower gas overnight. If Biden just mentioned he was thinking about lifting his eo's against Trump's energy policies. The price would plummet overnight.

 

[Indeependent]

OPEC adjusts their production to counter any increase in US production to keep the price right where they want it. Any idiot knows that by now.

Opportunity always lowers the price of goods ad services.

 

[Indeependent]

Wrong. Gas prices are high because we allow oil and refined gasoline to be exported. Which used to be illegal.

But thanks for clarifying that your loyalties lie with the Saudi's that were complicit with the attacks on 9-11, and murdered an American journalist.

A real pal of the terrorists you are.

But many people here, including White, says the US does not produce the oil used for gasoline.

 

[Lesh]

If our oil gets in the market it will lower gas overnight. If Biden just mentioned he was thinking about lifting his eo's against Trump's energy policies. The price would plummet overnight.

Nonsense...we are already producing more oil than we did under Trump and exporting shitloads of oil

 

[surada]

Cool, radical Islamist dictator that did backdoor deals with Kushner and the Trump wannabe-junta blames Biden.

skews13

Nothing backdoor about it. The Saudis aren't radical anything... Nor is the monarchy a dictator. The SAG rules by consensus of the tribes, royal family, merchant class, clerics and technocrats.

The Saudis had nothing to do with 9/11. OBL hated the Saudis for revoking his citizenship in 1994 and wanted the US to blame them.

 

[surada]

But many people here, including White, says the US does not produce the oil used for gasoline.

In 2019 the US imported a lot of oil every day.

The U.S. Still Imports A Lot Of Oil

In the shale-era since 2008, U. S. crude oil production has boomed 160% to over 13 million b/d, while demand has remained flat. Yet still, the country imports more oil than most Americans may realize.

www.forbes.com

 

[Indeependent]

In 2019 the US imported a lot of oil every day.

The U.S. Still Imports A Lot Of Oil

In the shale-era since 2008, U. S. crude oil production has boomed 160% to over 13 million b/d, while demand has remained flat. Yet still, the country imports more oil than most Americans may realize.

www.forbes.com

Which does not explain your Smiley on Post 111.

 

[surada]

If our oil gets in the market it will lower gas overnight. If Biden just mentioned he was thinking about lifting his eo's against Trump's energy policies. The price would plummet overnight.

Trump had no energy policy. He just lied about energy independence while importing 7-9 million barrels a day.

The U.S. Still Imports A Lot Of Oil

In the shale-era since 2008, U. S. crude oil production has boomed 160% to over 13 million b/d, while demand has remained flat. Yet still, the country imports more oil than most Americans may realize.

www.forbes.com

 

[surada]

Which does not explain your Smiley on Post 111.

It's just very silly.

 

[Indeependent]

It's just very silly.

Why did the cost of gasoline plummet under Trump?

 

[jknowgood]

Trump had no energy policy. He just lied about energy independence while importing 7-9 million barrels a day.

The U.S. Still Imports A Lot Of Oil

In the shale-era since 2008, U. S. crude oil production has boomed 160% to over 13 million b/d, while demand has remained flat. Yet still, the country imports more oil than most Americans may realize.

www.forbes.com

Lol, you're an idiot. I'm done with you.

 

[Lesh]

Why did the cost of gasoline plummet under Trump?

Covid...lack of demand. Idiot

 

[surada]

Lol, you're an idiot. I'm done with you.

Nope. I just know more about the oil business than you and I can easily spot Trump's lies. In 2019 the US imported 7-9 million barrels of oil a day.