Thread: OPEC
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Old 10-08-2022, 01:31 PM   #19
wdmso
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Join Date: Jun 2012
Location: Somerset MA
Posts: 9,117
Quote:
Originally Posted by scottw View Post
that's pretty amusing....
A few more amusing facts

the United States has been the largest producer of oil and gas in the world and a net exporter — the country exports more than it imports. Why, then, do U.S. oil prices hinge on the actions of an international oil cartel?
The answer — like the global oil market Yep not BIDEN


U.S. demand still outstrips its own supply. “We’re the world’s largest producer, but we’re also the world’s largest consumer,” she said. The U.S. produces 18.8 million barrels of oil per day but consumes slightly more — 20.5 million barrels per day

And the the United States’ spare production capacity is zero. U.S. oil producers, many of whom are beholden to their shareholders, can’t hold on to spare capacity


Biden has also urged oil producers in the United States to drill more to help lower prices — but the president simply doesn’t have authority to order companies to produce more. And oil companies, recently burned from price crashes in the beginning of 2020

Simple terms they don’t want to pump more oil to help the Domestic consumers


But keep suggesting gas prices are Biden’s fault

It’s no different from Fox News claiming Crime is surging

When it isn’t Data released by the FBI on Wednesday suggested that violent crime nationally didn’t increase much in 2021 relative to 2020. That comports with recent figures from crime victimization data from the Bureau of Justice Statistics (BJS), which indicated that reported violent crime was flat in 2021 and down from before the pandemic.

and so far this year, Fox News has mentioned crime twice as often as its competitors on average. It has talked about crime more often than abortion in every month but one

Telling the base what they should believe , yep Fox still is the Republicans state media outlet seeing reporting the News is secondary





I guess you need lots of advanced academic degrees...To figure this out.

Must be why Republican and Trump supporters can’t follow the facts , they don’t have these advanced degrees. And still can’t color between the lines

Last edited by wdmso; 10-08-2022 at 01:40 PM..
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