Democrats Block GOP Bill That Would Restart Keystone XL, Federal Oil Lease Program

It's pretty obvious why they aren't pumping oil, it's just too profitable these days. Or maybe it's because Biden is lying about those permits?

 

Exactly. There's too much money to be made when oil prices are high. Those greedy oil companies don't want any part of it.

 

Excess profits
so what is excess profit? What percentage?

 

Immediate because oil is a commodity and traded on speculations

 

yes because all the hundreds of oil producing companies from dozens of oil producing countries all got together and agreed to cut production to raise prices
and you claim 2020 election fraud is a conspiracy

 

I swear Democrats believe in fairies. No matter what they want to believe oil pushes this world round. Doesn’t mean we can’t change that but it won’t happen over night. Oil will also help us get there quicker. With cheaper oil costs we will be able to afford the energy it will take To get there. With cheaper energy we could save for the next new electric car, or geo thermal heater, or solar panels for the house. If gas is consuming our money it won’t happen as quick.

Republicans will get in on this message alone because democrats are high in the night on fairytales. When Hillary told coal miners to get a new job it politically killed her. When Joe and the democrats tell Americans gas is just going to be higher it will politically kill him too.

 

Everything will help. That’s obviously just one step

 

Biden cannot increase oil production - all he can do is issue drilling permits to private companies and that's already being done.

Even if Biden hadn't stopped Keystone, only 8% of it had been built by that time and it wasn't going to be ready until 2023...so not even a discussion for now.

 

The following is from the article linked in the OP.

The Keystone Pipeline isn't going to help us for years, if it really helps much to begin with. If we're selling that oil on the world market we're still going to be paying high prices.

And why are we even worried about gas exports? If we have gas to export, keep it here to increase our own supply and keep the cost down for Americans.

As far as I can tell the oil and gas leasing programs still exist.

Protecting energy and mineral development seems vague.

I'm fine with the last bit about the SPR. It was stupid to have tapped into to it in the first place.

 

Let an Oil ceo tell you

“Whether it’s $150 oil, $200 oil, or $100 oil, we’re not going to change our growth plans,’’ Pioneer Chief Executive Officer Scott Sheffield said during a Bloomberg Television interview. “If the president wants us to grow, I just don’t think the industry can grow anyway.’’

 

Prove it. (PS - The US is not part of OPEC)

 

It's a Pipeline not a Well, WTF! In addition, the courts in the US have ruled against the same pipeline multiple times. You have fallen for a political canard since there has been no construction of it in the USA.

 

What about all new offshore drilling that O'Biden nixed on day one of his presidency? And bragged about it to his Green New Deal base at the time.

 

Here's a hint - oil companies love selling oil and getting rich off it. And governments love taxing oil companies and getting rich off it too. It's the little people getting squeezed.

 

Not to mention their 'too much CO2 in the atmosphere causes imminent climate change catastrophe' claim is a conspiracy theory.

 

It took less than a year for Biden to screw up oil and gas prices.

 

That was his objective all along. Gotta sell those electric vehicles and solar panels nobody wants.

 

https://amp.theguardian.com/us-news...ration-gulf-of-mexico-oil-gas-drilling-leases

 

Oh, but the politically elite want electric everything. The politically elite can afford electric everything.

 

You mean the Biden Administration is implying that gas and oil companies don't want to make money??

 

Over 1200 miles of pipeline would have to be ordered and installed before the XL pipeline could be completed so that is certainly not a solution to our current oil shortage as that will take a long time to complete

 

You didn’t answer the question

Why can no one on this forum ever answer any question? People were once here to have discussions instead of just constantly dodging. It’s absurd

 

Which are impacted by global events

 

Why record-high gas prices won’t be solved by drilling more oil in the US

As US oil and gasoline prices skyrocket, politicians in both parties have called for a seemingly easy solution: Drill our way out of the problem to ease prices at the pump and supply additional energy to Europe.

“The president must end his war on American energy,” Republican Sen. John Barrasso of Wyoming said in a recent statement.

“Republicans have been demanding the administration take the shackles off American energy producers since President Biden took office. We have the energy at home and we must use it.”

But the US is already the world’s top producer of crude oil, producing about 11.6 million barrels of oil per day as of December – and that supply is increasing, energy experts told CNN. The country is also the world’s largest consumer of oil, using about 21 million barrels per day in 2019 – 20% of the world’s total.

Buried under US soil lies an estimated 38.2 billion barrels worth of proven oil reserves that are still untapped, according to the US Energy Information Administration. But there’s a big impediment to the US using that oil: It tends to be lighter and different from the heavier imported oil we currently rely on.

The idea that the US can be fully energy independent – and that it would combat rising gas prices – is a fantasy, numerous experts told CNN.

“What Americans and US officials really care about is the price of gasoline, and that has almost nothing to do about whether we’re energy independent or not,” said Bob McNally, president of Rapidan Energy Group. “Can the US wall itself off from volatility in the global oil market? The answer is no.”

It’s too early to tell whether the current price shock will spur a change in how Americans consume oil, but experts said it’s forcing a hard look at how the country uses it.

“The issue the US is grappling with from a security standpoint – we’re dependent on oil,” Sam Ori, executive director of the University of Chicago’s Energy Policy Institute, told CNN. “The idea that if we produce more oil in some way it would help with that problem – it’s just not true.”

https://www.cnn.com/2022/03/10/polit...ate/index.html

We need to be moving on from fossil fuels now too?!!

GM announced in January that it plans to phase out petroleum-powered cars and trucks by 2035 in favor of electric vehicles with no tailpipe emissions.

 

Gas prices and how it will destroy the Democrat party in November come to mind.