Biden admin weighs complete block on offshore oil drilling as gas prices keep rising

Discussion in 'Current Events' started by 19Crib, Oct 6, 2022.

  1. truth and justice

    truth and justice Well-Known Member

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    LOL it was your "side" that wrote the post I quoted about Trump! Try and keep up which is clearly difficult for you. Here's a tip: see that upward pointing arrow next to a quoted poster's name? If might help you in your confusion
     
  2. FatBack

    FatBack Well-Known Member

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    Trump trump Trump trump... Trump trump.
     
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  3. James California

    James California Well-Known Member Past Donor

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    ~ Time for a cup ... :coffeemachine::coffeecup: :crazy:
    fposter,small,wall_texture,product,750x1000.jpg
     
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  4. AARguy

    AARguy Banned

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    Gas at the pump has always been cheaper in the USA than elsewhere. I spent about half my twenty year Army career overseas where we were issued "ration coupons" we could use at civilian gas stations. These coupons allowed us to pay the same cheaper prices we would pay "back home". We did, indeed, have "energy independence" under Trump (we exported more energy than we imported).
     
  5. AARguy

    AARguy Banned

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    What did he "threaten" him with? No more photo ops?
     
  6. James California

    James California Well-Known Member Past Donor

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    ~ There are some here who ask " What does energy independent mean ? " . :no:'
     
  7. AARguy

    AARguy Banned

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    There are many politicized definitions. The commonly accepted definition, however, is "exporting more energy than we import".
     
  8. RodB

    RodB Well-Known Member Donor

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    We've had four impeachments and only one - Clinton's -- can maybe possibly be considered half-way non-partizan, and he brought it upon himself. The other three were totally, unabashedly, in your face partizan and mostly contrived.
     
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  9. grapeape

    grapeape Well-Known Member Past Donor

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    How is that going to effect gas prices ?
     
  10. RodB

    RodB Well-Known Member Donor

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    You reduce the available supply, even if it is upcoming, and the demand stays the same, the price goes up..... always.
     
  11. cd8ed

    cd8ed Well-Known Member Past Donor

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    The people of this nation, as well as a bob partisan commission in Congress disagree with your assessment
     
  12. 19Crib

    19Crib Well-Known Member Past Donor

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    He was already caught trying to get lenders to stop loaning to the oil extraction industry. It's a capital intensive business, and that move was designed to kill it. I question whether federal central bank funds can be use to favor and disfavor companies based on politics.

    He probably doesn't know. It's the shadow government led by Ron Klain running our country calling the shots.
     
    Last edited: Nov 10, 2022
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  13. grapeape

    grapeape Well-Known Member Past Donor

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    Ummm, NO.

    Gas prices are derived from the price for oil, which is set by OPEC.

    You should educate yourself
     
  14. RodB

    RodB Well-Known Member Donor

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    Gasoline prices are determined by oil executives based on anticipated costs of things, including crude oil, not yesterday's cost of things. Besides OPEC just reduced its production which is designed to increase the cost of oil.
     
  15. grapeape

    grapeape Well-Known Member Past Donor

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    Dear lord. PLEASE educate yourself

    WHO SETS THE PRICE OF CRUDE OIL ?
     
  16. RodB

    RodB Well-Known Member Donor

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    The market based on executives' assessment of supply and demand. In the long term it is simply supply and demand.
     
  17. nopartisanbull

    nopartisanbull Well-Known Member

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    Quote; “We exported more energy than we imported”


    In another thread, energy independence was defined as; We produce more energy than we consume.

    Thus, there are how many definitions?

    In addition, we are still exporting more energy than we import.
     
  18. grapeape

    grapeape Well-Known Member Past Donor

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    NO

    It is set by OPEC !!!!!!!

    American companies want to sell on the world markets because they make more money at OPEC prices, therefore OPEC sets the prices. Also understand that Saudi Arabia is a member of OPEC, and they own the largest US refinery.
     
  19. RodB

    RodB Well-Known Member Donor

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    Those two definitions are synonymous.
     
  20. nopartisanbull

    nopartisanbull Well-Known Member

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    And for your info;

    a. we are still exporting more energy than we are importing, and

    b. we are still producing more energy than we are consuming .

    Please tell me why your Republican brothers and sisters keep saying; “When Trump was POTUS, we were energy independence”, when in fact WE STILL ARE!
     
    Last edited: Nov 11, 2022
  21. RodB

    RodB Well-Known Member Donor

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    Bad stuff like good stuff is not realized overnight.
     
  22. FatBack

    FatBack Well-Known Member

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    I'm interested in your last sentence. What do you define as energy?

    Could you expound on what it is that we're exporting more of than we import?
     

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