Seriously at this point how does ANY Republican candidate, even Trump, lose to Biden in 2024? The only way is cheating and no one can convince me otherwise.
Looks like even OPEC is aware of the truth of American oil producers under investing in capital expenditures.
The report quoted Barkindo as saying one of the topics of discussion had been U.S. shale majors' decision to continue returning cash to shareholders rather than expanding production in response to higher oil prices.
"This massive under-investment requires us to revisit that," the OPEC head said, as quoted by Reuters. "This is up to the companies themselves and their boards ... but there's this general realization that something needs to be done" about oil prices.
https://oilprice.com/Energy/Crude-Oi...xecutives.html
Any day now we're going to start seeing Reagan's trickle down economics start working. Maybe fifty years from now the Trump tax cuts might do a something other than putting profits into the pockets of shareholders. Sure as hell can see the difference in the oilfield, capital investments catered under Donald Dump
Hmmm......................
https://www.reuters.com/business/ene...ys-2022-03-06/
Well that's weird. Seran assured us it was only 1%, and even THAT number was already too high. Where do you get your "facts" from, Seran? Directly from the White House?The United States imported more than 20.4 million barrels of crude and refined products a month on average in 2021 from Russia, about 8% of U.S. liquid fuel imports, according to the Energy Information Administration (EIA).
20.4 million barrels A MONTH, and Seran said the US wouldn't be impacted by Biden shutting down oil imports from Russia because he released a whole 30 million barrels. Those 30 million barels are gonna be all used up in less than 1.5 months due to the deficit Biden just created for us. After that we're looking at almost a 10% deficit. If you don't think gas prices in the US are going to shoot up within the next few weeks then you're dumb.
The US very well might be paying more for gas than Europe in a few months. And it's crazy because the US has a mega fuckton of oil in the ground. If only Democrats would let us pump it out of the ground so they could stop hurting American families.
Last edited by Tgo01; 03-08-2022 at 11:24 PM.
Gotta push those electric vehicles so they buy Chinese made battery components and minerals from all over and then collapse our electric grid with increased demand because god knows we have been upgrading that over the last 40 years to meet demand as opposed to pushing CV and LED lights and efficient refrigerators. All to push an agenda and enslave the people more to the control of government.
Last edited by ~Rocktar~; 03-09-2022 at 01:00 AM.
I asked for neither your Opinion,
your Acceptance
nor your Permission.
"The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis." Dante Alighieri 3
"It took 2000 mules to install one Jackass." Diamond and Silk Watch the Movie
This really does seem like the goal in all of this. Biden couldn't very well just make gas prices skyrocket for no reason. Now he can say "It's not...where am I?...oh right! It's not my fault! It's Russia's fault for these high gas prices! And remember I just signed legislation that would help cover the cost of a new electric vehicle! That is to say as long as it was made with UNION LABOR! WINK WINK!"