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Post by osprey11 on Jun 18, 2024 14:13:05 GMT -5
Cad you know jack shit about what you preach LOL.
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Post by nuevowavo on Jun 18, 2024 15:40:59 GMT -5
Could someone explain to me how Biden has caused increased oil prices? Because we are drilling more than ever, exporting more than ever. Is it possible that oil is a global commodity, and since we only produce 20% of the world's oil, we do not have control of the price of oil? And that we produce "light" crude, which is mostly exported, while we import "heavy" crude, which is what our refineries are set up to use? And that the heavy crude we import is actually cheaper than the light crude that we export? Or is it just easier to say FJB? Oil companies have stopped investing in future projects due to the current administration. The administration has also removed leases. Oil markets are future driven. If a certain president was friendly to oil and gas companies, they would invest in the future. This would cause the price to sink.
Nonsense. Oil companies are still drilling. Besides, their capital project plans are dependent on oil prices. They've been burned too many times by investing when prices were high. The Alaska leases that Biden canceled only drew 2 bidders when Trump auctioned them off, at a low price. Companies have lost interest in Alaska, since shale oil extraction in TX and NM is much cheaper. Besides, those leases, even if proven productive, wouldn't have produced for many years. And since we only produce 20% of the world's oil, increased or decreased production here has only a marginal effect on the price.
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Post by cadman on Jun 18, 2024 16:34:48 GMT -5
Cad you know jack shit about what you preach LOL. Still waiting to hear where your read Russia was going bankrupt due to Trump and his oil prices. |
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Post by osprey11 on Jun 19, 2024 9:42:48 GMT -5
Oil companies have stopped investing in future projects due to the current administration. The administration has also removed leases. Oil markets are future driven. If a certain president was friendly to oil and gas companies, they would invest in the future. This would cause the price to sink.
Nonsense. Oil companies are still drilling. Besides, their capital project plans are dependent on oil prices. They've been burned too many times by investing when prices were high. The Alaska leases that Biden canceled only drew 2 bidders when Trump auctioned them off, at a low price. Companies have lost interest in Alaska, since shale oil extraction in TX and NM is much cheaper. Besides, those leases, even if proven productive, wouldn't have produced for many years. And since we only produce 20% of the world's oil, increased or decreased production here has only a marginal effect on the price.
You and Cad are clueless when understanding this. Sorry |
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Post by cadman on Jun 19, 2024 15:47:35 GMT -5
Nonsense. Oil companies are still drilling. Besides, their capital project plans are dependent on oil prices. They've been burned too many times by investing when prices were high. The Alaska leases that Biden canceled only drew 2 bidders when Trump auctioned them off, at a low price. Companies have lost interest in Alaska, since shale oil extraction in TX and NM is much cheaper. Besides, those leases, even if proven productive, wouldn't have produced for many years. And since we only produce 20% of the world's oil, increased or decreased production here has only a marginal effect on the price.
You and Cad are clueless when understanding this. Sorry Since you are the self proclaimed expert, tell us. if Trump wins in November, how soon before we see gas below $2.50 a gallon? Will it go below $2.00? Will it be before or after he ends the war in Ukraine (he said within 24 hours for Ukraine war) and stops all the illegals from entering? How quick can we expect these cheap gas prices Trump will bring? Or will we have to wait on the recession? |
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Post by meateater on Jun 19, 2024 16:00:07 GMT -5
You and Cad are clueless when understanding this. Sorry Since you are the self proclaimed expert, tell us. if Trump wins in November, how soon before we see gas below $2.50 a gallon? Will it go below $2.00? Will it be before or after he ends the war in Ukraine (he said within 24 hours for Ukraine war) and stops all the illegals from entering? How quick can we expect these cheap gas prices Trump will bring? Or will we have to wait on the recession? you tell us, how many illegals should we let into the country every year, should we take away the needs of american citizens to support illegals. how long should we fund foreign wars which are on other nations doorstep. stop with the trump shit, what is joe,s plan, tell us why he is a better choice. you are clueless. |
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Post by cadman on Jun 19, 2024 16:23:10 GMT -5
Since you are the self proclaimed expert, tell us. if Trump wins in November, how soon before we see gas below $2.50 a gallon? Will it go below $2.00? Will it be before or after he ends the war in Ukraine (he said within 24 hours for Ukraine war) and stops all the illegals from entering? How quick can we expect these cheap gas prices Trump will bring? Or will we have to wait on the recession? you tell us, how many illegals should we let into the country every year, should we take away the needs of american citizens to support illegals. how long should we fund foreign wars which are on other nations doorstep. stop with the trump shit, what is joe,s plan, tell us why he is a better choice. you are clueless. I will repeat it for you since your reading comprehension is so bad. I will even put it in simple words Joe Biden is not fit to be President and I will not vote for him. Donald Trump is not fit to be President and I will not vote for him. Neither one is a decent choice or fit to be president. Not sure how much simpler I can make it. I have pointed out the stupidity of both, but since you are a Trump lover, you only see the negatives about Trump since it upsets you if anyone says anything negative about the orange Jesus. My comments on here has nothing to do with either one of them or their policies. |
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Post by meateater on Jun 19, 2024 16:31:57 GMT -5
your voting for trump, admit it.  |
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Post by cadman on Jun 19, 2024 17:53:08 GMT -5
your voting for trump, admit it. I might think about it if he chooses Haley, Rubio, or DeSantis as VP. Only because they will take over as soon as they declare him senile or work to impeach his ass. |
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Post by tonyroma on Jun 19, 2024 20:47:41 GMT -5
your voting for trump, admit it. I might think about it if he chooses Haley, Rubio, or DeSantis as VP. Only because they will take over as soon as they declare him senile or work to impeach his ass. Haley would 25th him on day 2. |
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Post by osprey11 on Jun 19, 2024 22:00:40 GMT -5
I am no expert, but I am not so freakin stupid to say that prices where cheaper under Obama than Trump. I mean that is profoundly dumb!!!!!
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Post by cadman on Jun 20, 2024 5:33:07 GMT -5
I am no expert, but I am not so freakin stupid to say that prices where cheaper under Obama than Trump. I mean that is profoundly dumb!!!!! I gave you a link. The last two years of Obama's term prices were cheaper than under Trump until Covid hit. Obama had nothing to do with it. 2015 and 2016 the average price for that 2 year period was $2.312 per gallon, U.S. average all grades 2017, 2018, and 2019 the average price was $2.677 per gallon, U.S. average all grades If we just use 2017 and 2018 it is still $2.673 per gallon, U.S. average all grades Gas hit a low of $1.872 in February of 2016, lowest price since 2004 and it hasn't gotten that low since. The closest was during Covid when it hit $1.938 in April of 2020. I guess you will give Obama's policies credit for the price drop between 2014 and 2016, even though he had no more to do with it then Trump did prices under his term. China's economy had slowed and world demand had decreased. Saudi Arabia was pissed at Russia and OPEC+ for over producing and decided to over produce themselves and flooded the market with oil. Shale oil had reduced the cost to drill and started producing more domestic oil. Inventories were at record highs due to these and other factors and drove prices down. www.eia.gov/dnav/pet/Hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=m |
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Post by cadman on Jun 20, 2024 5:34:18 GMT -5
I might think about it if he chooses Haley, Rubio, or DeSantis as VP. Only because they will take over as soon as they declare him senile or work to impeach his ass. Haley would 25th him on day 2. So would DeSantis. Rubio might wait a week. |
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Post by meateater on Jun 20, 2024 7:57:05 GMT -5
your voting for trump, admit it. I might think about it if he chooses Haley, Rubio, or DeSantis as VP. Only because they will take over as soon as they declare him senile or work to impeach his ass. crooked haley or de sanctimonnious would be the 2 smart picks if you really cared about beating ol joe, problem is trump is his own worst enemy and a ego maniac with no control over what he says. he will never pick someone who might upstage him so some obscure governor or maybe mr wonderful kevin oleary. it will be somebody that makes no freaking sense. |
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Post by biminitwisted on Jun 20, 2024 8:03:21 GMT -5
Wonder why our Trump loving friends no longer seem to post polling?
(Polls don't mean caca)
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