Things that made you Facepalm today (Political Version)

[Seran]

Do you not think more regulations and higher fees and taxes make it more difficult to pump more oil out of the ground?

Simple answer, no.

Tens of thousands of active federal leases in the United States, a significant number of which (thousands) were purchased without any exploration having been begun in /years/. So much for the argument of the federal government preventing exploration.

Over 9,000 fully drilling permits have been granted that are idle, the oil companies are simply not making use of them. There goes the argument of regulation preventing drilling from occurring.

You seem to think that these oil companies, who are making billions each month are somehow crippled for cash to fund capital expenditures and are reliant on investors for funding. Just how do you wrap your brain around the argument that with more money hitting the petroleum industry than in many decades, that they're desperate for investors to 'keep pumping money into the money pit?'. Corporate leadership decides how much money will be put into drilling operations, how much into infrastructure development, in-house drilling and completions teams, and how much of their net revenue has been going into dividends (a solid fraction) and stock buybacks (the overwhelming majority). If a stockholder decides they don't like the direction expenditures are going, they're free to file a lawsuit or seek to replace board members who then can replace executives making decisions. But, since the tear stained dollars of desperate Americans are being shoveled at them by the truckload, stockholders are through the moon.

Try and educate yourself on a topic before re-posting your Conservative taskmaster's opinions.

[Seran]

I said Western governments all over the world are either blocking production or making it increasingly expensive to do so. You can't possibly deny this.

Biden shut down Keystone. California shutting down oil wells.

The US (12 million barrels per day), Canada (4.4 million), and Norway (1.7 million), produce the most oil in Western nations. The next largest is UK at 800k a day, then Australia at 300k a day, then Italy at 100k a day, then it's all less than that. Granted many of these Western countries don't have as much oil as the US or Canada, but they sure as shit have more than they are pumping out. But gee, I wonder why they aren't pumping out more? Oh right, must be because the US oil execs got together with oil execs in these other countries and said "Psssst! Don't drill for more oil and make more money! Do us a solid and keep the oil price high! Thanks!" Yeah, that must be it, not the left wing governments in these countries who have been pushing for more green energy for decades that could possibly be stifling oil production in these countries.

Meanwhile OPEC+ produces over half of the oil pumped out of the ground, and now we are seeing how great it is to rely on countries like Russia to supply our energy needs.

Biden did shutdown the Keystone XL pipeline, it's true and that created some Big Mad for oil executives looking to export more Canadian oil internationally. But there is no shortage of oil pipeline capacity in the United States.

https://www.reuters.com/business/ene...ut-2022-05-11/

https://money.usnews.com/investing/n...building-spree

https://www.eia.gov/todayinenergy/detail.php?id=50236 "Added transnational oil pipeline capacity could reduce crude oil shipped by rail

https://www.cbc.ca/news/canada/keyst...iden-1.5882313 "Why the U.S. isn't in desperate need of the Keystone XL pipeline"

As for oil wells being shut down in California? Can you actually support this argument at all? So far, only Los Angeles has banned new wells and is phasing out wells that are within a mile of residential neighborhoods. The why of that should speak for itself.

OPEC+ is a collaboration of 24 oil producing nations. 24. That they produce more oil than a single country like the United States isn't surprising, yet there is absolutely nothing stopping Big Oil in our country from ramping up production, other than their stated desire to maintain higher oil prices by keeping new supply low. This has been quoted multiple times, but it doesn't fit your narrative so you ignore fact. The only thing stopping the oil export monopoly in the United States you so desperately crave are the oil companies themselves.

[Methais]

Do you not think more regulations and higher fees and taxes make it more difficult to pump more oil out of the ground?

Simple answer, no.

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

You really are just like the Jelly of the Month club.

[Seran]

You know when you guys start flinging feces like a bunch of angry chimps at the zoo, instead of presenting counter evidence, you're online underscoring just how massively you were proven wrong in the first place.

[Parkbandit]

You know when you guys start flinging feces like a bunch of angry chimps at the zoo, instead of presenting counter evidence, you're online underscoring just how massively you were proven wrong in the first place.

How do you counter an "argument" that more government regulations, taxes and fees make it easier to run a business though?

That's so monumentally stupid where the only thing you can do is feel badly for the mentally disabled kid.

[Seran]

The ability of organizations to lobby Supreme Court justices is a terrifying precedent to set and yet we've seen both religious organizations and extremists lobbying far right justifies through Thomas's wife. Any other judicial officer would be forced to recuse themselves or face sanctions, impeachment or corruption charges.

‘Operation Higher Court’: Inside the religious right’s efforts to wine and dine Supreme Court justices

The former leader of a religious right organization said he recruited and coached wealthy volunteers including a prominent Dayton, Ohio, evangelical couple to wine, dine and entertain conservative Supreme Court justices while pushing conservative positions on abortion, homosexuality, gun restrictions and other issues.

Rob Schenck, an evangelical minister who headed the Faith and Action group headquartered near the Supreme Court from 1995 to 2018, said he arranged over the years for about 20 couples to fly to Washington to visit with and entertain Supreme Court Justices Clarence Thomas, Samuel Alito and the late Antonin Scalia.

https://www.politico.com/news/2022/0...court-00044739

[Methais]

You know when you guys start flinging feces like a bunch of angry chimps at the zoo, instead of presenting counter evidence, you're online underscoring just how massively you were proven wrong in the first place.

You never sling insults though, right?

[Methais]

Rob Schenck, an evangelical minister who headed the Faith and Action group…

Faith and Action Group?

F.A.G.?

[Parkbandit]

The ability of organizations to lobby Supreme Court justices is a terrifying precedent to set and yet we've seen both religious organizations and extremists lobbying far right justifies through Thomas's wife. Any other judicial officer would be forced to recuse themselves or face sanctions, impeachment or corruption charges.

"Terrifying"...

I honestly hope for the sake of the people who are forced to be around you.. that you are on some heavy duty medication that helps you control your unstable emotions.

Unintelligent and emotionally unstable is a really bad combination. Hopefully someone says something and you can finally get into a place that can contain you properly.

[drumpel]

Faith and Action Group?

F.A.G.?

You're thinking of the Film Actors Guild.