What is the Republican explanation as to why gas prices are so high even though their profit margins are so high?

[jc456]

I understand supply and demand just fine. What I’m seeing here is a person who can’t give direct answers and now wants to ditch the debate because I’m pressing you on details and answers. That’s weak

He didn’t do what you wanted, so demofk of you

 

[protectionist]

Why is it bullshit and what are the correct numbers? If my source is wrong then show me the correct numbers from your source.

"Numbers" ? Goof grief man, are you not aware of what has been going on over the past 18 months ? The closing of ANWR, stoppage of drilling on federal lands, shutting down the pipelines, restriction of drilling permits, tons of regulations imposed on drilling, asking Iran, Saudi Arabia and Venezuela for oil (when Trump was president we were EXPORTING oil) And of course, Biden's many times declarations of war against the fossil fuel industry (as in the 2000 presidential debates).

One does not erase away all these things just by coming in here and throwing a few manipulated (if not concocted) "numbers" around. That's like comparing an ant to an elephant. This is what happens when people watch CNN, MSNBC, PBS, "the View", and other such leftist OMISSION media.

Biden's Oil/Gas Industry Albatross That Is Getting MUCH Worse

The situation regarding oil/gas prices and industry production is complicated and messy, as the abcnews link story will attest, but I tend to disbelieve Biden administration mouthpieces (ex, Interior Secretary Deb Haaland) who say the oil industry has 9,000 permits that have been approved, but...

www.usmessageboard.com

Biden cancels offshore oil lease sales in Gulf Coast, Alaska

The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska

abcnews.go.com

Biden Declares He Would ‘Transition’ America Away from Oil Industry during Debate | National Review

President Trump and rival Joe Biden sparred over environmental policy at the end of the presidential debate on Thursday, with Biden indicating he would “transition” away from dependence…

www.nationalreview.com

 

[protectionist]

You are skipping around my questions. Why can’t you just give direct answers? From the stats you just posted we haven’t reached the same production levels of 2019 but are pretty close and have grown substantially from 2020 and 2021… also the rest of the world is also experiencing the same kind of production reductions as well all come out of the pandemic. Regardless, when you look at the stockpiles we have well over 500 million barrels which doesn’t sound like a shortage to me. Could it be that you are looking for excuses to back your arguments and accepting anything you hear that may explain why the oil companies have no choice but to sell their goods at rip off prices while cashing in on record profits?!

You are putting too much stock in Biden admin-sourced numbers, and ignoring the big (and OBVIOUS) picture. Look at the whole forest, and everything that is happening, rather than concentrating on one tree that Biden has prepared for you to see.

 

[Slade3200]

"Numbers" ? Goof grief man, are you not aware of what has been going on over the past 18 months ? The closing of ANWR, stoppage of drilling on federal lands, shutting down the pipelines, restriction of drilling permits, tons of regulations imposed on drilling, asking Iran, Saudi Arabia and Venezuela for oil (when Trump was president we were EXPORTING oil) And of course, Biden's many times declarations of war against the fossil fuel industry (as in the 2000 presidential debates).

One does not erase away all these things just by coming in here and throwing a few manipulated (if not concocted) "numbers" around. That's like comparing an ant to an elephant. This is what happens when people watch CNN, MSNBC, PBS, "the View", and other such leftist OMISSION media.

Biden's Oil/Gas Industry Albatross That Is Getting MUCH Worse

The situation regarding oil/gas prices and industry production is complicated and messy, as the abcnews link story will attest, but I tend to disbelieve Biden administration mouthpieces (ex, Interior Secretary Deb Haaland) who say the oil industry has 9,000 permits that have been approved, but...

www.usmessageboard.com

Biden cancels offshore oil lease sales in Gulf Coast, Alaska

The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska

abcnews.go.com

Biden Declares He Would ‘Transition’ America Away from Oil Industry during Debate | National Review

President Trump and rival Joe Biden sparred over environmental policy at the end of the presidential debate on Thursday, with Biden indicating he would “transition” away from dependence…

www.nationalreview.com

Wow, you got your shit all mixed up! First of all I’m not talking about manipulated numbers. I’m talking about actual stats to back up your claims. If you’re claiming that we have an oil shortage in this country then show the stats to back it up. Nothing manipulated about that.

Despite its pause on new oil and gas leasing and drilling on publicly owned lands and waters, the Biden administration approved more drilling permits in 2021 than President Trump did in the first year of his presidency, according to federal data analyzedby the Center for Biological Diversity.

The oil and gas industry continues raking in record profits while communities pay the price. The watchdog organization Accountable.US reported in February that Shell, Chevron, BP and Exxon made more than $75.5 billion in profits in 2021, some of their highest profits in the past decade.

Biden Administration to Restart Oil, Gas Leasing on Public Lands

Center for Biological Diversity: WASHINGTON— The Bureau of Land Management announced today that it will resume oil and gas leasing on public lands, violating President Biden’s campaign promise to end new oil and gas leasing and locking in new extraction that thwarts his pledge to reduce...

biologicaldiversity.org

 

[Slade3200]

You are putting too much stock in Biden admin-sourced numbers, and ignoring the big (and OBVIOUS) picture. Look at the whole forest, and everything that is happening, rather than concentrating on one tree that Biden has prepared for you to see.

Show a different source then. If you think my numbers are wrong then show the right ones. I addressed a very simple statement…. That the US had an oil shortage. It doesn’t take a forest to look at what he have to determine if that is accurate or not

 

[Canon Shooter]

Oil companies are making record profits because the baseline value of their product is way up. 10% of 5 dollars is more than 10% of 2 dollars.

 

[Independent thinker]

For instance, what makes it Biden’s fault they are high if that is the case? What did Biden do to make them high? Keep in mind these prices are high in other countries.

2 charts show Big Oil profits skyrocketing as prices at the pump rise

Oil companies are raking in the largest quarterly profits in a decade, raising concerns that the sector is using high gas prices to gouge customers.

www.businessinsider.com

Biden is refusing to take responsibility and, instead, tries blaming others.

What Biden Is Getting Wrong About Big Oil’s Profits

President Joe Biden and a slew of other democrats have been lashing out against Big Oil, accusing the companies of price gouging

finance.yahoo.com

 

[jc456]

Why aren’t they making more? Know if one increases production…….. oh wait, xiden said no

here you go, the breakout of the letter Xiden sent to oil companies. "at a time of war" Who are we at war with, anyone?

Biden tells oil companies in letter 'well above normal' refinery profit margins are 'not acceptable'

Biden's call comes as sky-high energy costs add to inflationary concerns across the economy.

www.cnbc.com

President Joe Biden on Wednesday called on U.S. oil refining companies to produce more, saying they need to help alleviate the burden of high prices on consumers.

“At a time of war – historically high refinery profit margins being passed directly onto American families are not acceptable,” the president said in a letter to oil companies including Exxon Mobil and Chevron.

 

[jc456]

I support more moderate policies than Biden campaigned on. But there is campaign rhetoric and there is reality. You are reacting to rhetoric and ignoring reality

go to 1:20 in the video.

He said he was going to do 'x' and now has done 'x'. You voted for him knowing that and now that he did 'x' you're saying he never meant 'x'. Do you know how foolish you sound? It's what you voted for jack. Own it. be proud your guy did what he campaigned on. I want to know why he's complaining and yelling at us.

 

[Toddsterpatriot]

What is the Republican explanation as to why gas prices are so high even though their profit margins are so high?​

Biden is an idiot. AOC is an idiot. Pelosi is an idiot. Schumer is an idiot.