Gas

[jbs2014]

Got that backwards, demand exceeds supply. Sorry.

ANWR is not significant anytime in the next 10 to 20 years. We have over 9000 unused leases, why would having another 9000 unused leases make a difference? Not only does keystone transport an insignificant amount of the worlds oil but it is not for US consumption, nor is it US oil. Depending on where you live it could actually drive up the price of gas for you because some of that oil will be refined into diesel before it is shipped overseas and reduce refining capacities in those areas for local use.

Even if keystone is not designed to support domestic production it still increases global oil flow rates increasing oil availability.

ANWR should have been developed back in the early 2000s when initially proposed. It would be just coming online now in a time of substantial need.

 

[2buffalo]

Look at march 7th 2022. Oil was $109 a barrel and gas was $3.22. Whats oil right now? Around $110? What is the price of gas in your neighborhood?

You can't even answer one question at a time!

 

[2buffalo]

I realize when sitting in your parents basement and you push the buttons on your internet machine things happen really fast. Do you understand how this graph works? Just curious.

 

[JimFromTN]

Even if keystone is not designed to support domestic production it still increases global oil flow rates increasing oil availability.

ANWR should have been developed back in the early 2000s when initially proposed. It would be just coming online now in a time of substantial need.

Increase it by 2% if some of the oil was not already being transported other ways.

There is a substantial need? If there is a substantial need, why are there so many leases and permits available?

 

[jbs2014]

Trump warned about allot of things. Of course, when he made that warning, the oil industry was already crashing. Oil wells had been shut down as had oil refineries all under his watch. It was the largest reduction in oil production in US history. Agin, $80 billion in losses and over 600 oil companies filing bankruptcy. Again, all under his watch.


No. Its not a baseless claim.

This isn't the epoch times or even info wars so you probably won't believe them

U.S. producers reluctant to drill more oil, despite sky-high gas prices

Rather than give consumers relief at the pump, many oil and gas executives are sending profits to investors.

www.cbsnews.com

The Real Reason Big Oil Won't Save Us From High Gas Prices

The Real Reason Big Oil Won't Save Us From High Gas Prices

time.com

‘DUCs’ Are Goosing Oil Companies’ Booming Profits. What Happens When They Run Out?

Oil companies are completing wells they drilled years ago to boost cash flow and keep shareholders happy. What happens when the backlog runs out?

www.forbes.com

Why Oil Companies Are Lush With Cash but Not Spending Much | The Motley Fool

It may come down to a variety of factors.

www.fool.com

$100 Oil Is Back! Why Isn’t Texas Drilling?

Russia’s war on Ukraine has made it practically patriotic to pump oil, but the Permian hasn’t ramped up production. Don’t blame Washington. Blame Wall Street.

www.texasmonthly.com

The pause lasted maybe 2 months and there were 9000 existing leases available

Our refining capacity has more than doubled in that amount of time.

So one actual Y/N answer given out of several questions asked.

Epoch times did a pretty decent job sifting through CHICOM IO at the beginning of the pandemic and theorizing the most plausible origin to the pandemic, a lab leak.

Pretty sure the entity in DOD charged with conducting Information Warfare/Operations does not have a website and if they did domestic oil production would not be one of their LOEs

 

[jbs2014]

Increase it by 2% if some of the oil was not already being transported other ways.

There is a substantial need? If there is a substantial need, why are there so many leases and permits available?

2% increase, when dealing with world oil production is huge. As I remember once reading that in the 70s OPEC cut production by less than that and look at the effect that had.

Last article I read on the issue from EE news it said that permit approval has plunged lately. Are the current approved permits/leases on areas that are anticipated to have hydrocarbons under them?

 

[JimFromTN]

So one actual Y/N answer given out of several questions asked.

Epoch times did a pretty decent job sifting through CHICOM IO at the beginning of the pandemic and theorizing the most plausible origin to the pandemic, a lab leak.

Pretty sure the entity in DOD charged with conducting Information Warfare/Operations does not have a website and if they did domestic oil production would not be one of their LOEs

Epoch times? And you have an issue with my sources?

 

[jbs2014]

The government is trying to get other countries to pump lore oil because US companies refuse. My question is, if the republicans take complete control and completely deregulate the oil industry and give away oil leases and permits and pass legislation so oil companies can't get sued for poisoning entire regions of people and yet they don't increase oil production enough to get gas prices back to what they were back in 2019, how are you going to blame it on the democrats? Giving you a chance to start thinking about this so you will be prepared in the future. Unless there is a way for oil companies to do that and still make the profits they are now, they aren't. If gas prices remain as high as they are now for the next 3 years, oil companies are looking at a trillion dollars in profits in Biden's first term. Explain to me why they would be willing to give that up.

Going to be easy to blame it on the Democrats, they are backing this economy killing green agenda that is based on a hoax. They stop with the climate hysteria and I'll stop blaming them.

 

[jbs2014]

Epoch times? And you have an issue with my sources?

Not the ones you just posted.

What's wrong with the epoch times early pandemic reporting?

 

[JimFromTN]

2% increase, when dealing with world oil production is huge. As I remember once reading that in the 70s OPEC cut production by less than that and look at the effect that had.

Last article I read on the issue from EE news it said that permit approval has plunged lately. Are the current approved permits/leases on areas that are anticipated to have hydrocarbons under them?

My bad, its actually less than 1% and is considered negligible. Biden is dumping more out of the oil reserves and look how much that lowered prices.

 

[JimFromTN]

Going to be easy to blame it on the Democrats, they are backing this economy killing green agenda that is based on a hoax. They stop with the climate hysteria and I'll stop blaming them.

If the republicans are in total charge the green new deal is dead, you would still try to blame it on the green new deal?

 

[jbs2014]

My bad, its actually less than 1% and is considered negligible. Biden is dumping more out of the oil reserves and look how much that lowered prices.

How do you know what percentage it is if it was never built and allowed for its functionality to be assessed?

 

[jbs2014]

If the republicans are in total charge the green new deal is dead, you would still try to blame it on the green new deal?

Many of the green new deal asks have already been funded so yes

 

[JimFromTN]

How do you know what percentage it is if it was never built and allowed for its functionality to be assessed?

They know how much oil it was going to transport when it was at full production which was around 830,000 barrels. Thats transCanadas estimates.