Author Topic: Biden’s Gas Crisis  (Read 120682 times)

Offline CountValentine

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Re: Biden’s Gas Crisis
« Reply #400 on: March 09, 2022, 11:46:38 AM »
Is there currently an oil shortage?
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Offline CountValentine

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Re: Biden’s Gas Crisis
« Reply #401 on: March 09, 2022, 11:57:49 AM »
https://www.msn.com/en-us/news/politics/have-biden-administration-policies-reduced-u-s-oil-production/ar-AAUNCIn?ocid=uxbndlbing
Brett Hartl, the government affairs director at the Center for Biological Diversity, also noted more drilling permits were approved in the first year of Biden's presidency than during his predecessor's first 365 days. The center found the Biden administration approved 3,557 permits for oil and gas drilling on public lands last year, outpacing the Trump administration's first-year total of 2,658.
"As an environmentalist, I wish the administration would crack down on fossil fuel drilling much, much more," Hartl told Newsweek. "I think in the long run, it's super harmful. But it's just not factually accurate for the industry to complain, 'We're so helpless' when they've been given a huge green light over the last year and they're sitting on thousands and thousands of permits to drill. What are they waiting for?"
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Offline aygart

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Re: Biden’s Gas Crisis
« Reply #402 on: March 09, 2022, 01:15:24 PM »
Is there currently an oil shortage?
no, at least not in the US.
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Offline aygart

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Re: Biden’s Gas Crisis
« Reply #403 on: March 09, 2022, 01:17:39 PM »
So now you can't dispute the fact that you called dishonest so we switch to calling the view dishonest and not the fact.

Prices going negative was a complete fluke. They would have rebounded without any intervention. Anyone who believes otherwise is delusional.
one small bit of truth in a larger statement does not make something more honest.
Sorry not in the mood of this dishonest discussion now believe what you want.
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Offline Kobe Bryant

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Re: Biden’s Gas Crisis
« Reply #404 on: March 09, 2022, 01:54:50 PM »



Offline CountValentine

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Re: Biden’s Gas Crisis
« Reply #405 on: March 09, 2022, 02:21:19 PM »
no, at least not in the US.
Does not seem to be a shortage anywhere that I see but prices going through the roof.
Is supply really the cause of the increase?
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Offline aygart

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Re: Biden’s Gas Crisis
« Reply #406 on: March 09, 2022, 03:12:03 PM »
Does not seem to be a shortage anywhere that I see but prices going through the roof.
Is supply really the cause of the increase?
There can be tight supply without shortages. There is tight supply in most locations. There is also additional risk getting priced in as well as speculation.
Feelings don't care about your facts

Offline CountValentine

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Re: Biden’s Gas Crisis
« Reply #407 on: March 09, 2022, 03:31:48 PM »
There is also additional risk getting priced in as well as speculation.
Speculation seems to be the issue.
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Offline aygart

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Re: Biden’s Gas Crisis
« Reply #408 on: March 09, 2022, 03:49:20 PM »
Speculation seems to be the issue.
What makes you say that
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Offline aygart

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Offline avromie7

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Re: Biden’s Gas Crisis
« Reply #410 on: March 09, 2022, 04:38:05 PM »
interesting take

https://m.washingtontimes.com/news/2022/mar/5/americas-energy-problem-was-not-the-death-of-the-k/
I think there is a lot of truth here. I have an issue with a couple of claims in this article.

Quote
In 2014, the world spent about $490 billion finding and producing oil and natural gas. In 2021, that amount was just $220 billion.
This is cherry-picked data. Oil prices in 2014 were much higher than in 2021, they are the primary cause of investment increasing or decreasing.

Quote
The rule also creates a de facto electric vehicle mandate (17% by model year 2026!), the burden of which will be borne by consumers.
I'm not sure what he's talking about, but we'll be there before 2026 so this argument is moot.

I wonder what people who type "u" instead of "you" do with all their free time.

Offline aygart

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Re: Biden’s Gas Crisis
« Reply #411 on: March 09, 2022, 05:03:57 PM »

 This is cherry-picked data.


Of course it is. Were you expecting otherwise in an opinion piece?
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Offline Kobe Bryant

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Re: Biden’s Gas Crisis
« Reply #412 on: March 09, 2022, 06:10:19 PM »



Offline yesitsme

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Offline CountValentine

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Re: Biden’s Gas Crisis
« Reply #414 on: March 09, 2022, 10:05:31 PM »
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Offline yesitsme

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Offline CountValentine

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Re: Biden’s Gas Crisis
« Reply #416 on: March 09, 2022, 10:16:17 PM »
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Offline CountValentine

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