The U.S. Is Pumping Oil Faster Than Ever

[CrusaderFrank]

Why is gas just under $4/gallon at the pump?

 

[Cougarbear]

There is no such policy as "max pumping"
Only Biden's policies of no new leases, no new drilling, and no new refineries.

And this equals higher prices.

 

[The Banker]

You can’t read. Why would I believe your words. Again, show one policy the Biden instituted that increases oil production. You can’t because it doesn’t exist. The companies are pulling more out and processing more as demand increases when the shutdowns stopped. Try to think for yourself for a change.
Biden has not allowed one permit to go forward to drill more so we can be self sufficient again. The demand is up but we aren’t staying up with the demand allowing OPEC to dictate prices. Completely opposite of what Trump had established.

The policy of max pumping.
Biden approved more leases than Trump, and has record oil output because of it.

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%

Center for Biological Diversity: Thousands of Permits OK’d Despite President’s Authority to End Drilling by 2035

biologicaldiversity.org

 

[Nostra]

Biden has approved record amounts of leases (more than Trump), just none on federal land, but we don't need leases on federal ground..

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%

Center for Biological Diversity: Thousands of Permits OK’d Despite President’s Authority to End Drilling by 2035

biologicaldiversity.org

Not a single drop of oil has been pumped on any lease approved by Tater.

ZERO!

 

[AzogtheDefiler]

Bidenomics is fucking working folks day after day, week after week, month after month, year after year.

Worst president ever!

CPI Inflation Calculator

data.bls.gov

Bidenomics

 

[The Banker]

Not a single drop of oil has been pumped on any lease approved by Tater.

ZERO!

huh?
simply not true as Biden has record leases to go with his record pumping

 

[Cougarbear]

Why is gas just under $4/gallon at the pump?

Lucky if that’s what you are paying. In California we are between $5 and $6 a gallon

 

[gipper]

Joe Biden has America pumping the most oil ever in US history (more than Trump)! Better yet the US is also largest Oil producer in the world !!
SO under Biden we are the world's top producer AND we are pumping more oil than under Trump, or any other president ever.

Better yet, the US is also pumping record nat gas and is the largest producer of nat gas in the world !!!
Better yet the US is also producing the most renewable energy ever !!!

Joe Biden is the energy president with the best energy policy in US history, with America leading the world in oil AND nat gas production, the US producing record amounts of both fuels, AND the US is producing record amounts of renewable energy.

The Saudi's are the reason oil prices are slightly higher, I'm sure there is a connection between the criminal Saudi regime's oil production drop, the $2B bribe they gave Kushner, and Donald "break any law he wants" Trump.

Add energy to the long list of Biden wins !

Crude Oil Drops After Record U.S. Production Helps Boost Inventory

Crude oil futures fell Thursday after federal data showed a record level of U.S. production and a larger-than-expected increase in inventories. Futures on West Texas Intermediate crude, the U.S. oil benchmark, reversed course after the report, falling to $82.80 a barrel after trading above $85 ea

www.wsj.com

Wait! What?

I thought libs and Ds opposed oil production on grounds it causes global warming. You mean that opposition was all bull shit? Damn!

 

[The Banker]

Why is gas just under $4/gallon at the pump?

The Saudi's are the reason oil prices are slightly higher, I'm sure there is a connection between the criminal Saudi regime's oil production drop, the $2B bribe they gave Kushner, and Donald "break any law he wants" Trump.

 

[Nostra]

You cannot show the Biden admin policies that did not make this happen.

You are a failure on this thread.

That’s easy to do. Zero barrels of oil have been pumped on any Tater approved lease.

 

[Nostra]

Wait! What?

I thought libs and Ds opposed oil production on grounds it causes global warming. You mean that opposition was all bull shit? Damn!

Joe Biden: Killing Mother Nature at a record pace!

 

[Nostra]

The Saudi's are the reason oil prices are slightly higher, I'm sure there is a connection between the criminal Saudi regime's oil production drop, the $2B bribe they gave Kushner, and Donald "break any law he wants" Trump.

55% is “slightly higher”?

You sack at math.

 

[Nostra]

CPI Inflation Calculator

data.bls.gov

View attachment 842153

Bidenomics

Man, Bidenomics really sucks sweaty donkey marbles.

 

[Nostra]

huh?
simply not true as Biden has record leases to go with his record pumping

How many barrels pumped on Tater approved leases? This one will require you to bring a credible link.

This is fun.

 

[excalibur]

Yet Biden has the US pumping record oil, more than Trump.
And record Nat gas, more than Trump...

you fail again.

Name us the Biden policies that caused this. Hint: You can't.

Banker Bluster Blown Away.

 

[excalibur]

There is no such policy as "max pumping"
Only Biden's policies of no new leases, no new drilling, and no new refineries.

And no new pipelines.

 

[whitehall]

Gas was under $2.00 per gallon during Trump's administration. Today it's double that and more. If we are pumping more oil where the hell is it going?

 

[excalibur]

Biden has approved record amounts of leases (more than Trump), just none on federal land, but we don't need leases on federal ground..

New Data: Biden’s First Year Drilling Permitting Stomps Trump’s By 34%

Center for Biological Diversity: Thousands of Permits OK’d Despite President’s Authority to End Drilling by 2035

biologicaldiversity.org

LOL

Leases that were already set by the Trump administration. Since then, Biden has been ORDERED by courts to follow the law and conduct auctions he stopped.

Biden's Interior Department had attempted to suspend the federal oil and gas leasing program to study its environmental and climate impacts but was blocked by a federal judge.

"After observing new obstacles to federal development, including the leasing ban and litigation, companies may have decided it’s just not worth the additional time, cost, and risk," Kathleen Sgamma, president of the Western Energy Alliance, said in an emailed statement.​

Biden administration oil, gas auctions kick off with thin industry response

The Biden administration's first sale of oil and gas drilling rights on federal land garnered thin industry interest on Wednesday while environmental groups filed two separate lawsuits seeking to invalidate the results.

www.reuters.com

 

[Nostra]

LOL

Leases that were already set by the Trump administration. Since then, Biden has been ORDERED by courts to follow the law and conduct auctions he stopped.

​

Biden's Interior Department had attempted to suspend the federal oil and gas leasing program to study its environmental and climate impacts but was blocked by a federal judge.​

​

"After observing new obstacles to federal development, including the leasing ban and litigation, companies may have decided it’s just not worth the additional time, cost, and risk," Kathleen Sgamma, president of the Western Energy Alliance, said in an emailed statement.​

Biden administration oil, gas auctions kick off with thin industry response

The Biden administration's first sale of oil and gas drilling rights on federal land garnered thin industry interest on Wednesday while environmental groups filed two separate lawsuits seeking to invalidate the results.

www.reuters.com

/thread


Man, these Banker threads go down in flames faster than the Hindenburg.

 

[excalibur]

​

The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature just three in the final four years–the lowest number of auctions in the history of the program. This continues his record as leasing fewer federal acres for oil and gas than any president since World War II. The lease plan, required by law, is a critical tool needed for domestic energy supplies and to keep gasoline prices in check. Since 1992, no five-year oil lease plan has had fewer than 11 lease sales and most have had 15 to 20, according to the Interior Department’s Bureau of Ocean Energy Management. ​

​

In 2018, the Trump administration’s proposed plan had 47 lease sales and besides the Gulf of Mexico and Alaska, included offshore areas in California and the Atlantic. Court decisions have required continued leasing and the Inflation Reduction Act (IRA) has made offshore oil lease sales a pre-requisite for new offshore wind lease auctions that are a major part of Biden’s climate agenda. The Biden lease plan is subject to a 60-day mandatory waiting period before it can be approved by Interior Secretary Deb Haaland. It will be the 10th offshore oil program since 1978, when the Outer Continental Shelf Lands Act was amended to include a program for drilling in federal waters.​

Biden’s Five-Year Offshore Lease Plan has Just Three Sales Auctions

The Biden administration announced the lowest number of offshore oil and gas lease sales in history, locking in less supply…

www.instituteforenergyresearch.org