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OPEC Says To Biden: If You Want More Oil, Pump It Yourself

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Comments

  • hardhat
    hardhat Member Posts: 8,344
    2001400ex said:

    2001400ex said:

    Keep rooting for high gas prices and the country to fail. It's a good look.

    Yes, because if America starts drilling more of it's own oil, gas prices will soar and the economy will be ruined.
    If only gas prices were simply a function of domestic oil production. See the chart on this link. Prices clearly didn't drop from 09 through 20 as domestic production was soaring. So yes the "drill baby drill" mantra was bullshit. There is many reasons for this that hopefully you can figure out.

    https://www.forbes.com/sites/rrapier/2021/10/22/the-us-oil-supply-is-still-out-of-balance/
    Prices clearly didn't drop from 09 through 20

    You are too stupid to insult.

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,495 Founders Club
    2001400ex said:

    2001400ex said:

    Keep rooting for high gas prices and the country to fail. It's a good look.

    Yes, because if America starts drilling more of it's own oil, gas prices will soar and the economy will be ruined.
    If only gas prices were simply a function of domestic oil production. See the chart on this link. Prices clearly didn't drop from 09 through 20 as domestic production was soaring. So yes the "drill baby drill" mantra was bullshit. There is many reasons for this that hopefully you can figure out.

    https://www.forbes.com/sites/rrapier/2021/10/22/the-us-oil-supply-is-still-out-of-balance/
    Not this shit again

    Maybe you're stupid enough to buy it

    We aren't
  • 2001400ex
    2001400ex Member Posts: 29,457
    hardhat said:

    2001400ex said:

    2001400ex said:

    Keep rooting for high gas prices and the country to fail. It's a good look.

    Yes, because if America starts drilling more of it's own oil, gas prices will soar and the economy will be ruined.
    If only gas prices were simply a function of domestic oil production. See the chart on this link. Prices clearly didn't drop from 09 through 20 as domestic production was soaring. So yes the "drill baby drill" mantra was bullshit. There is many reasons for this that hopefully you can figure out.

    https://www.forbes.com/sites/rrapier/2021/10/22/the-us-oil-supply-is-still-out-of-balance/
    Prices clearly didn't drop from 09 through 20

    You are too stupid to insult.

    There is very little correlation between domestic drilling and prices. See the run up in the 2000s while drilling was fairly stable.
  • 2001400ex
    2001400ex Member Posts: 29,457
    hardhat said:

    2001400ex said:

    hardhat said:

    2001400ex said:

    2001400ex said:

    Keep rooting for high gas prices and the country to fail. It's a good look.

    Yes, because if America starts drilling more of it's own oil, gas prices will soar and the economy will be ruined.
    If only gas prices were simply a function of domestic oil production. See the chart on this link. Prices clearly didn't drop from 09 through 20 as domestic production was soaring. So yes the "drill baby drill" mantra was bullshit. There is many reasons for this that hopefully you can figure out.

    https://www.forbes.com/sites/rrapier/2021/10/22/the-us-oil-supply-is-still-out-of-balance/
    Prices clearly didn't drop from 09 through 20

    You are too stupid to insult.

    There is very little correlation between domestic drilling and prices. See the run up in the 2000s while drilling was fairly stable.
    You said prices didn't drop. How fucking stupid are you?
    Not in correlation to the amount drilled.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,495 Founders Club
    https://heritage.org/environment/commentary/end-obamas-policy-higher-gas-prices

    Yeah its a real fucking mystery

    Gas prices are dangerously close to doubling since President Barack Obama was inaugurated. As American drivers and small-business owners feel the pain at the pump, he should reverse course and stop punishing consumers to promote a "green" agenda.

    Yes, the events in Egypt and Libya have affected global oil prices. But we suffered the highest gas prices for the month of December in our nation's history in 2010 -- before uprisings in the Middle East even began. Unilateral administration action is the first step toward providing economic relief during a fragile recovery.

    In past debates over gas prices, the conversation centered on how much we drill, but now the perspective is remarkably different. The Energy Information Administration reports that the U.S. will produce 13 percent less offshore domestic supply this year than last.

    President Obama has needlessly left his drilling moratorium in place, in violation of federal court orders, permanently stalling nearly all permits for oil leases. As a result, domestic drilling access is decreasing at an alarming rate, and potential suppliers are moving their business to other countries, taking much-needed jobs with them, as well as billions of dollars in lost federal revenue normally created by offshore drilling.

    At the same time, Obama's Environmental Protection Agency has been imposing costly and onerous restrictions on refiners, inflating the price of refined crude. Lifting these unnecessary regulations would lower the cost of oil and gas reaching the market.

    The fact is that it has been administration policy to welcome higher gas prices in order to focus attention on expensive alternative fuels. As Energy Secretary Steven Chu said in 2008: "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe."


    Trump reversed and Biden brought it back

    Thanks Biden voters
  • hardhat
    hardhat Member Posts: 8,344
    Watch @2001400ex struggle in every thread.
  • EsophagealFeces
    EsophagealFeces Member Posts: 13,326
    2001400ex said:

    Keep rooting for high gas prices and the country to fail. It's a good look.

    Nobody here is rooting for high gas prices except you, fucknut.