You Want Cheaper Gas, You're Getting It.

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02 Jun 2022 19:15 - 02 Jun 2022 19:16 #868093 by Mikaw
Replied by Mikaw on topic You Want Cheaper Gas, You're Getting It.
This site has been used as a reference previously, so all fair in love and war!

oilprice.com/Energy/Energy-General/Biden...nd-Boost-Prices.html

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Last edit: 02 Jun 2022 19:16 by Mikaw.
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02 Jun 2022 22:13 #868098 by DoctoRot
Replied by DoctoRot on topic You Want Cheaper Gas, You're Getting It.

So      Are we doing this? Are the oil producers not allowed due to regulations or laws ???
Im sure it is a complex question filled with bullsh t from all ( Government , and Oil C of Os )

 

Gas producers will sell to the highest bidder while keeping supply low to keep prices high, they have no obligation to sell to a domestic market. They have refused to grow even when asked to. They literally are telling this to journalists does no one read this stuff?!

"What's different today than the past . . . is that we are allocating capital in a way that maximises returns to shareholders, rather than maximising [production] growth," the chief executive of Chesapeake Energy, Nick Dell'Osso, told the Financial Times.

oilprice.com/Energy/Energy-General/Why-U...ir-Growth-Plans.html

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02 Jun 2022 22:33 - 02 Jun 2022 22:45 #868100 by DoctoRot
Replied by DoctoRot on topic You Want Cheaper Gas, You're Getting It.

FERC miles of approved pipelines. If you can’t pipe the oil to recover it no sense in drilling. www.ferc.gov/industries-data/natural-gas...rojects-1997-present 2019 = 781.94 2021 = 228.02

natural gas pipe lines are not necessarily relevant to what you pay at the pump.

This site has been used as a reference previously, so all fair in love and war!

oilprice.com/Energy/Energy-General/Biden...nd-Boost-Prices.html



 
the main reason i referenced that site is because that particular article reference the Financial Times article which is behind a pay wall, i was trying to keep it accessible to everyone. Every article, regardless of the source and author, needs to be critically evaluated. The article i linked to is mostly quotes from executives in the fossil fuel sector which is what i was after, whereas the article you linked reads more like an editorial. funny because they are the same author, contradicting themselves!

The oil industry is sitting on over 9000 drill permits but are not pursuing them because they currently are raking in the cash. pipelines are not the only way to transport oil. also you dont need more pipelines when you are operating below prepandemic volume. volume is lower in 2021 because they claim "supply chain issues" but i think we all know its just old fashioned price gouging. they are making cash hand over fist, why upset that balance?
www.blm.gov/sites/blm.gov/files/docs/202...eport%20December.pdf





 [/quote]
Last edit: 02 Jun 2022 22:45 by DoctoRot.

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03 Jun 2022 05:02 #868109 by riturbo
Replied by riturbo on topic You Want Cheaper Gas, You're Getting It.
Ha ha try not to get political on here but really cracks me up how people still defend this administration even after they have screwed up everything they touch . Those are the facts . Check them any way you want . Its not just gas prices .

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03 Jun 2022 08:23 #868128 by daveo
Replied by daveo on topic You Want Cheaper Gas, You're Getting It.

Ha ha try not to get political on here but really cracks me up how people still defend this administration even after they have screwed up everything they touch . Those are the facts . Check them any way you want . Its not just gas prices .

81,000,000 votes...uh-huh

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03 Jun 2022 08:29 #868129 by Mikaw
Replied by Mikaw on topic You Want Cheaper Gas, You're Getting It.

Ha ha try not to get political on here but really cracks me up how people still defend this administration even after they have screwed up everything they touch . Those are the facts . Check them any way you want . Its not just gas prices .

81,000,000 votes...uh-huh
2000 Mules!

1976 KZ 900 A4 kzrider.com/forum/11-projects/613548-1976-kz-900-a4
1976 KZ 900 B1 LTD
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03 Jun 2022 08:40 #868131 by SWest

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03 Jun 2022 08:59 - 03 Jun 2022 09:01 #868135 by Mikaw
Replied by Mikaw on topic You Want Cheaper Gas, You're Getting It.
Here an interesting article. I’d add to this the push of the current administration toward EV and you can see why they don’t want to drill more.

www.investopedia.com/ask/answers/061115/...lling-production.asp

This CNN article exposes what I said that the current administration is placing it thumb on the scale of supply and demand and skewing prices. Read down in this article to where it says on day one “Biden restored the climate cost estimate to roughly $51 per ton of carbon dioxide emissions, following the Trump administration decision to cut the number to roughly $7 or less per ton and account only for the impacts in the U.S. rather than across the world.” They are trying to make big oil pay for climate change. This places the administration directly responsible for higher gas prices. 

www.cnbc.com/2022/02/24/biden-administra...d-legal-battle-.html

1976 KZ 900 A4 kzrider.com/forum/11-projects/613548-1976-kz-900-a4
1976 KZ 900 B1 LTD
1978 KZ 1000 B2 LTD
1980 KZ 750 E1
Kowledge Speaks, But Wisdom Listens.
Jimi Hendrix.
Last edit: 03 Jun 2022 09:01 by Mikaw.

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03 Jun 2022 09:19 - 03 Jun 2022 09:36 #868137 by Mikaw
Replied by Mikaw on topic You Want Cheaper Gas, You're Getting It.
We’ve been down this road before. How come when we get a Democratic President gas prices go up. How soon we forget Obama saying we can solve the energy crisis by inflating our tires. At the very end of this video Obama claims to be investing in making fuel out of Algae. What happened to that investment. Hummm! I’d say that was a 14 million dollar payback to his supporters that helped him carry Florida. 

Edit, its worse that I remember. Beyond the $14million they received they also got an additional $25million to consolidate everything to Florida… One year later the program ended   www.forbes.com/sites/jeffmcmahon/2012/02...any/?sh=523b5ea1372f   $39million could have helped a lot of homeless vets!



1976 KZ 900 A4 kzrider.com/forum/11-projects/613548-1976-kz-900-a4
1976 KZ 900 B1 LTD
1978 KZ 1000 B2 LTD
1980 KZ 750 E1
Kowledge Speaks, But Wisdom Listens.
Jimi Hendrix.
Last edit: 03 Jun 2022 09:36 by Mikaw.
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03 Jun 2022 20:03 - 03 Jun 2022 20:26 #868175 by DoctoRot
Replied by DoctoRot on topic You Want Cheaper Gas, You're Getting It.

Ha ha try not to get political on here but really cracks me up how people still defend this administration even after they have screwed up everything they touch . Those are the facts . Check them any way you want . Its not just gas prices .













 
I never defended him. Biden is about as appealing as a second asshole. There are tons of issues to attack him on, I was correcting the flagrant bullshit that is getting posted here. I'm well aware that this is a loosing battle. I was only participating to prove a point.... and with that ill go poke my eyes out to avoid this thread like the culture cancer it is.

fact check before you post, for the love of KZR!
Last edit: 03 Jun 2022 20:26 by DoctoRot.
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06 Jun 2022 05:51 #868346 by Mikaw
Replied by Mikaw on topic You Want Cheaper Gas, You're Getting It.
$5.09 this morning… something has to stop this garbage. 

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06 Jun 2022 06:37 #868348 by SWest
Replied by SWest on topic You Want Cheaper Gas, You're Getting It.
They've been telling us what they're going to do for 20 years. Agenda 21 was taken as a joke but now with current events few are laughing now. They almost had it in 2016 but they had to extend it till 2030. Now the big push is on and they're not hiding it. Yes it's not just about gas. 
Steve
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