Should US oil cpompanies who sell their oil outside of the US lose their subsidies?

[bripat9643]

You just can't handle the facts, girly.

I'll let you know the first time you post a fact.

 

[Markle]

Neither Leviticus nor Candycorn knows the meaning of the word fungible nor do they care. They just want to troll in a futile attempt to distract from the total disaster our country is enduring due to President Biden.

 

[surada]

surada no

Neither Leviticus nor Candycorn knows the meaning of the word fungible nor do they care. They just want to troll in a futile attempt to distract from the total disaster our country is enduring due to President Biden.

Everyone knows what fungible means, but keystone XL isn't about that.

 

[bripat9643]

My brother worked on the safety audit for Deepwater horizon after the fact. They were deliberately skirting all the safety regulations. But, BP has always been a crappy oil company... For the last 90 years.

Now there's a reliable source: your brother.

 

[Big Bend Texas]

U.S. oil refinery capacity 2022 | Statista

In 2022, oil refinery capacity in the United States amounted to approximately 18.1 million barrels per day.

www.statista.com

Daily crude output is 12,500 x 1000 barrels per day.

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

That's 1.25 million barrels per day and again, we cannot even process a lot of our own oil because of environmental regs and again, we're bound by international agreements and trade treaties to import some oil from outside as well as to provide US crude to other countries.

 

[healthmyths]

We always hear from the right that US oil can lower gas prices, but the truth is that the vast majority of US oil is sold to other countries, because the oil companies can make more money exporting it than selling it domestically.

I think we should stop subsidizing any oil company that does not sell at least 51% of the oil they drill in the US. The American taxpayers shouldn't be forced to subsidize companies that only care about profit and don't care about helping their country.

Where is your proof? How complicated is it to use the Internet to prove your point. Otherwise who in the hell are you?

 

[healthmyths]

Russia taxes any oil shipped out of their country at an increasing tariff for any price over $25/bl. I'm sure they've raised the base price by now but the U.S. should be doing the same for any exported at over $40/bl equivalent. Start at 12% and increase by brackets of $4/bl by 10%. This is far better than that stupid ethanol dumbassery which will do nothing but force people to buy even more fuel, not less, and also keeps food prices and feed prices inflated and Big Ag subsidies flowing into wasting topsoil and resources on useless crap. And, we can stop plundering the national reserves just to feed oil company shareholders bigger dividends.

Putin is a big giant Hero to the GOP now, so why not copy his tax policies as well?

Prove it! Just because YOU say so doesn't make what you wrote TRUE! GEEZ how difficult is it to prove it with
links! Grow up and be an adult backing up your subjective personal opinion with proof!

 

[Ray From Cleveland]

I don't think there's any question some of the xl oil would become gas sold in the US, but the oil that would have gone through the xl is still being sold in the global market, so there's not effect of the price of gas. That's the whole point. Unless xl somehow resulted in more oil being in the global market, there was no positive for the the US.

Although some of us would have profited from the pipeline itself, and in the refineries.

Will all the oil from the Keystone XL pipeline be exported?

2022 coverage: RELATED: Keystone wouldn’t simply offset oil US imports from Russia RELATED: Pence falsely blames Biden’s

www.politifact.com

 

[Ray From Cleveland]

The objection to the XL seems more about the "environmental" cost of the $30.

A cheap excuse really. The oil is going through the US by road, train or pipeline. Which one is safer for the environment?

 

[Ray From Cleveland]

The US gets no benefit from the keystone XL. None.

Of course we do. Otherwise we wouldn't have allowed it. I trust a businessman like Trump more than I do a anti-energy guy who never ran a hotdog stand in his life.

 

[Ray From Cleveland]

The signed order was received Nov. 11th. It was recinded on Nov. 15th presumably after the Generals explained to him the logistic would take much longer and that it would be a giant shit show! So he decide to withdraw all but 2500 troops.

It was the only condition of the Skedaddle Accord the Taliban honored. That truce was set to end May 1st.

The only people he didn't hamstring was the Taliban and ISIS.

So in other words Trump didn't follow through because of what was happening on the ground, again, a condition of the agreement. Dementia's action took place at the end of last August. The only standards he had to meet was his own, which was really none at all. It was a last minute hair brain idea that even his own military leaders objected to. He must have made the decision based on a coin flip because it sure as hell wasn't planned out.

 

[healthmyths]

Will all the oil from the Keystone XL pipeline be exported?

2022 coverage: RELATED: Keystone wouldn’t simply offset oil US imports from Russia RELATED: Pence falsely blames Biden’s

www.politifact.com

OH this is so fun!!!
Those of you that are so against Keystone, answer this simple question that EXPERTS have already answered!
Which can cause more damage to the environment?
A) One oil tanker carrying 1 million barrels 1 mile on the open ocean OR
B) one pipeline carrying 700 barrels 1 mile on dry land?

Shouldn't be too difficult for ANYONE with common sense but here is the answer from 2 experts...

Biden's cancelled 1,700 miles of pipeline that is joining 195,000 miles of pipeline that carry and spill 5,000 barrels per year.

Here's how much oil has spilled from US pipelines since 2010

Nearly 9 million gallons of crude oil spilled from the 70,000 miles of pipelines crisscrossing the United States since 2010.

www.businessinsider.com

And the experts say dry land spills are less damaging than spills to water.
David Valentine, Professor of Earth Science and Biology at UCSB,
says it is better to have soil spills than ocean spills:
“In general, spills to soil are more contained than spills to water, and thus cleanup is more straightforward.
Damage is often lesser for soil spills. For this reason an aquatic spill (including marine) tends to be more harmful than a spill to soil.”
Linda Krop, Chief Counsel at the Environmental Defense Center (EDC) in Santa Barbara, California, agrees. “Spills in soils cause less damage and are easier to clean up effectively.” She adds that pipelines are unlike other modes of oil transportation because they can have safety features that make large leaks preventable:

Is it easier to clean up soil spills than ocean spills?

You asked, “Wouldn’t it be better to have oil spill soak into the soil rather than drain into the sea?” We got the answers.

www.kcrw.com

So Biden and you Biden supporters, are you really in favor of damaging more of the environment by using tankers?
AGAIN these are the FACTS...not guesses...experts...not me!

 

[Nostra]

Has anyone found any examples of these "oil subsidies" yet?

 

[Lesh]

I have yet to see any of you Dimtards list a single subsidy.

Energy subsidies in the United States - Wikipedia

en.wikipedia.org

3/4 of a trillion dolars over 50 years for oil, natural gas, and coal

Retard

 

[Nostra]

Energy subsidies in the United States - Wikipedia

en.wikipedia.org

3/4 of a trillion dolars over 50 years for oil, natural gas, and coal

Retard

Wiki? Really?

Ok, I see the word "subsidy" a lot, but I don't see any examples. Perhaps you can cut and past these examples of subsidies for the oil industry. The closest thing I see to a subsidy is the tax credit for buying "green" energy shit.

Consumer subsidies[edit]​

Consumers who purchase hybrid vehicles are eligible for a tax credit that depends upon the type of vehicle and the difference in fuel economy in comparison to vehicles of similar weights. These credits range from several hundred dollars to a few thousand dollars.[8] Homeowners can receive a tax credit up to $500 for energy-efficient products like insulation, windows, doors, as well as heating and cooling equipment. Homeowners who install solar electric systems can receive a 30% tax credit and homeowners who install small wind systems can receive a tax credit up to $4000. Geothermal heat pumps also qualify for tax credits up to $2,000.[9]

 

[Admiral Rockwell Tory]

Sorry, but I think you have it wrong.
It has always been illegal to sell US drilled oil outside the US.
The oil the US exports comes from places like Canada usually.
There are a few instances where domestic oil can legally be exported, but only when it is more convenient and as an exchange for imported oil.

There are oil subsidies, but they mostly are from cheap land leases and tax exemptions.
The government does not give them any money.
But I personally do favor federal land oil nationalization and a socialist oil company created.
Almost every oil producing country does that, to reduce domestic prices to customers.

That's not a subsidy you moron!

 

[Admiral Rockwell Tory]

The generals lied then cuz there is video of Joe’s Taliban buddies riding around in our equipment.

It was not our equipment. It belonged to the ANA.

 

[surada]

Daily crude output is 12,500 x 1000 barrels per day.

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

That's 1.25 million barrels per day and again, we cannot even process a lot of our own oil because of environmental regs and again, we're bound by international agreements and trade treaties to import some oil from outside as well as to provide US crude to other countries.

What countries are we obligated to provide oil for? Is that something that's been legislated? What treaties?

 

[Big Bend Texas]

surada no
Everyone knows what fungible means, but keystone XL isn't about that.

That's a baseless and completely unprovable assertion.

What countries are we obligated to provide oil for? Is that something that's been legislated? What treaties?

Mexico for one.

We exchange a lot of high sulfur oil and refined products to them in exchange for cleaner crude that we can refine here within the limits of the EPA etc.

I don't remember all the specifics, that's been over 30 years ago.

 

[Ray From Cleveland]

Has anyone found any examples of these "oil subsidies" yet?

It's kind lengthy and complicated, but the bottom line is oil subsides are nothing but tax breaks.

Fact Sheet | Fossil Fuel Subsidies: A Closer Look at Tax Breaks and Societal Costs (2019) | White Papers | EESI

www.eesi.org