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U.S. oil is only one dollar higher per barrel?
The Marshall plan?
OPEC?
An idiot calls me ignorant, of what?
And part of those costs have increased 50% under Biden!OPEC came into being when Zaki Yamani was oil minister.. in the mid 1960s. Did you know him?
Before that the US used petroleum from Ghawar to fuel the Marshall Plan because it was cheap.
Domestic oil is more expensive and margins are small because we have the highest production costs in the world. US oil companies do a very good job.
powerthefuture.com
www.npr.org
And part of those costs have increased 50% under Biden!
A) Biden signs the fewest federal oil leases..since 1945!
The Biden administration has leased fewer acres for oil-and-gas drilling offshore and on federal land than any other administration in its early stages dating back to the end of World War II, according to a Wall Street Journal analysis.Sep 6, 2022
B) Biden increases the COST of oil exploration!Biden Has Issued the Fewest Oil & Gas Leases of Any President Since World War II
Over the weekend, the Wall Street Journal released a new analysis of the Biden administration’s war on American energy. Specifically, the Journal examined the total acreage of land leased by the Biden administration for oil and gas production. The amount is historically low. The Journal reports...
Biden increases oil royalty rate and scales back lease sales on federal lands
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.
ButBiden increases oil royalty rate and scales back lease sales on federal lands
The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.
Zaki Yamani? Nope, I dont know him.OPEC came into being when Zaki Yamani was oil minister.. in the mid 1960s. Did you know him?
Before that the US used petroleum from Ghawar to fuel the Marshall Plan because it was cheap.
Zaki Yamani? Nope, I dont know him.
I do know Abdullah ibn Hamoud al Tariki, the fiery and radical Sa'udi Oil Minister who proceded Sheikh Yamani in the job, and who did more than any other Arab to bring about the creation of OPEC...
You should read some books instead of doing a google search. Google searching gave you the wrong answer. I really dont see what point you are trying to make but if you would like a real lesson in oil I will gladly give you one. I wont be using google. I will have to rely on my private library. Here is a sample, so ask whatever you wish and will gladly educate you.
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Zaki Yamani? Nope, I dont know him.
I do know Abdullah ibn Hamoud al Tariki, the fiery and radical Sa'udi Oil Minister who proceded Sheikh Yamani in the job, and who did more than any other Arab to bring about the creation of OPEC...
You should read some books instead of doing a google search. Google searching gave you the wrong answer. I really dont see what point you are trying to make but if you would like a real lesson in oil I will gladly give you one. I wont be using google. I will have to rely on my private library. Here is a sample, so ask whatever you wish and will gladly educate you.
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I am glad you are willing to show your lack of education so that I can correct you. You really are a good sport.I knew Tariki too. He hated Americans. He married an American woman who was not socially accepted. The king fired him and he went to Libya. He nationalized the oil business prematurely and nearly killed Libya's oil business. Yamani was a good guy. Used to come to the house for dinner.
I am glad you are willing to show your lack of education so that I can correct you. You really are a good sport.
The King? King Sa'ud? Sorry, but he got ill and was flown out of the country whereas Crown Prince Faisal took over. In 1962 the Crown Prince fired Tariki, not the King as you thought.
The Marshall Plan was replaced with the Mutual Security Act before Al-Ghawar came into production.Before that the US used petroleum from Ghawar to fuel the Marshall Plan because it was cheap.
The Marshall Plan was replaced with the Mutual Security Act before Al-Ghawar came into production.
Feel free to keep posting, I dont mind educating you.
The Marshall plan was replaced with the Mutual Security Act, your comment that the Marshall plan was paid for by the Al-Ghawar oil field is pure bullshit.Ghawar was discovered in 1948 and production began in 1951... The Marshall Plan lasted until 1953 or 1954. Do you remember Manifa or Sufaniya? Or Uthmania ? You're pretty knowledgeable.
The Marshall plan was replaced with the Mutual Security Act, your comment that the Marshall plan was paid for by the Al-Ghawar oil field is pure bullshit.
I dont pretend to know everything, but what I do know is you have bullshitted yourself as far away from your original comments as anybody possibly could. In doing so you have shown you have a very shallow knowledge you express with comments that are very much, incorrect.
Well then take it up with the authors of the articles of Wall Street Journal, NPR, Politifact.org,et.al.....A lot of your information is wrong. Especially about the number of oil leases.
www.npr.org
www.wsj.com
www.poynter.org
No, the Marshall plan was replaced by the Mutual Security act. The Mutual Security Agency managed the Mutual Security Act.I think technically the mutual security act managed the Marshall Plan after 1951.
Biden: "I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM
BUT what has Biden done? Approved the worst Co2 emissions , oil producing country - Venezuela!
All the while GUARANTEEING the USA will be out of the oil production business!
HOW totally stupid! When will you people wake up that this GUY wants to destroy the USA!
Totally DUMB!
Chevron Could Get Approval To Ramp Up Oil Production In Venezuela | OilPrice.com Biden now does what with the worst polluting country?
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Worldwide: emission from oil production by country 2015 | Statista
As of 2015, the volume of emission produced by oil production in Venezuela was 20.3 carbon dioxide equivalent/g per megajoule, compared to 4.6 carbon dioxide equivalent/g per megajoule in Saudi Arabia.www.statista.com
The Goals set are to reduce fossil fuel use, primarily in personal use autos. There is no viable non-fossil fuel for the passenger and air cargo jets, 18 wheelers, railroad locomotives. large seagoing cargo or passenger ships. Bioplastics have come a long way but they can not replace all plastics made from petroleum.We have a very long way to go before we can exist without the petrochemical industry. Everything some doofus wants to end fossil fuels what he is really saying is "I want as many dead people as possible".
They cannot replace all medicines from petroleum either.The Goals set are to reduce fossil fuel use, primarily in personal use autos. There is no viable non-fossil fuel for the passenger and air cargo jets, 18 wheelers, railroad locomotives. large seagoing cargo or passenger ships. Bioplastics have come a long way but they can not replace all plastics made from petroleum.
Even if we devote a huge amount resources to reducing dependence on oil, it will take at least a century just get away from fossil fuel autos.
I agree 100%! Just 2 of 6,000 products that use OIL!Get rid of fossil fuels and your entire life will change for the worse. We will be back in the 19th century.
