Biden announces ban on russian oil

[Jim in CT]

This isnt a political question, but a sincere question.

Does this actually hurt Russia?

Or can Russia just sell their oil
to China? And is it good for the world if Russia and China get chummier?

What a godawful mess. Parents in ukraine are saying their ten year old daughter was shot to death by drunk russian soldiers

[nightfighter]

And all of the sudden, despite shutting down Keystone, etc. we are energy exporters????? What doesn't add up here?

[Pete F.]

Maybe it’s time to look at the Jones Act
Posted from my iPhone/Mobile device

[PaulS]

They can sell to China but China will have more leverage to neg. down the price. Spare parts will be more expensive for some of their equip. (if they can get it). The oil that was produced in the harder to extract areas was produced by non Russians so they will have issues there.

[Jim in CT]

Originally Posted by PaulS

They can sell to China but China will have more leverage to neg. down the price. Spare parts will be more expensive for some of their equip. (if they can get it). The oil that was produced in the harder to extract areas was produced by non Russians so they will have issues there.

Thanks. Hope all that and more, comes to pass.

[wdmso]

there's an easy fix if oil is Pumps From America land it says in American

AKA Ban Exports

But Conservatives and lobbyist won't accept that ! they will scream Socialism and Freedom!


Until the next gas or Oil Shortage yelling its the Governments Fault


Not sure why the Federal Government and local give all these fossil fuel subsidies , so they can export US oil


Seeing While President Biden is fretting about high gasoline prices, even going as far as asking OPEC+ to raise oil output, U.S. refiners are exporting the most gasoline in three years.

Shipments of the fuel in the first eight months of the year rose to 802,000 barrels a day, the highest for the period since 2018, before the pandemic started. At the same time, American drivers are paying the highest prices at the pump since 2014.


Imagine that

[wdmso]

Fox new Harris Faulkner has on API President and CEO Mike Sommers executive of the American Petroleum Institute

Saying that the administration is Lying about leases the guy actual said they are on Pace to produce records amounts of oil in 2023

How can that be If Biden is stopping them


the guy says "It takes a long time to develop those leases,"

No kidding then goes on to say We need more access to these federal lands and particularly these federal waters, which we’re not getting."

Like the Administration stated they are not using the Leases they already Have! Complaining about New leases is not relative to the issue happening NOW .

And of course She follows up with her own talking points not even attached to anything the Guy actually said. talking about getting rid of regulations citing operation warp speed LOL

An who? Has A Trade Association President AKA Lobbyist on the Air and agrees with their position in the interview .. right from the start

Faulkner just another HOST suggesting she is a source or factual journalism

this is the same women who Faulkner sued Hasbro for $5 million, claiming a plastic hamster in its Littlest Pet Shop line was an unauthorized use of her name and likeness LOL

[scottw]

Originally Posted by wdmso

there's an easy fix if oil is Pumps From America land it says in American

I quit....

[wdmso]

Sen. Blackburn to Newsmax: Time for 'Operation Warp Speed' on Energy


funny how this theme is on FOX news

[Jim in CT]

Originally Posted by wdmso

Fox new Harris Faulkner has on API President and CEO Mike Sommers executive of the American Petroleum Institute

Saying that the administration is Lying about leases the guy actual said they are on Pace to produce records amounts of oil in 2023

How can that be If Biden is stopping them


the guy says "It takes a long time to develop those leases,"

No kidding then goes on to say We need more access to these federal lands and particularly these federal waters, which we’re not getting."

Like the Administration stated they are not using the Leases they already Have! Complaining about New leases is not relative to the issue happening NOW .

And of course She follows up with her own talking points not even attached to anything the Guy actually said. talking about getting rid of regulations citing operation warp speed LOL

An who? Has A Trade Association President AKA Lobbyist on the Air and agrees with their position in the interview .. right from the start

Faulkner just another HOST suggesting she is a source or factual journalism

this is the same women who Faulkner sued Hasbro for $5 million, claiming a plastic hamster in its Littlest Pet Shop line was an unauthorized use of her name and likeness LOL

WSMDO, Biden put a halt to new leases on federal lands. unless you have some way of knowing that none of those potential leases would have ever led to a drop of oil being produced, that necessarily means that Biden reduced production.

As always, none of you can admit that Biden owns even a small portion of what's happening on his watch.

There's a whole lot more going on than just Joe Biden, he isn't the sole cause of rising prices. It would be wrong to say he caused all of it. Which is why I would never say he caused all of it.

It would also be wrong to say he caused none of it. But that's what you're all saying.

Fortunately, what you say and I say doesn't matter a rat's azz. What matters is that the American people get to speak their minds on gas prices, and everything else, in a few months. As for me, I'm pretty confident and secure that the American people will come to the correct conclusion as to what caused the MANY different crises and failures that are impacting all of us. Which means, well, I wouldn't want to be in your shoes on election day, unless things change before then, as they well could.

On top of EVERYTHING ELSE, the S&P500 index is in a full correction, the Nasdaq index is in full bear territory. The one thing he had going for him was an astounding stock market, and now even that is looking shaky.

[wdmso]

Originally Posted by Jim in CT

WSMDO, Biden put a halt to new leases on federal lands. unless you have some way of knowing that none of those potential leases would have ever led to a drop of oil being produced, that necessarily means that Biden reduced production.

Jim if you have not used your current leases and have not sunk a well on those un used leased .. Not getting a new lease is not Biden reducing production .. not sure how you come to that conclusion


As always, none of you can admit that Biden owns even a small portion of what's happening on his watch. I would if inflation was not a worldwide Problem . but that's not the case , and he has passed nothing to create it.. yet you keep saying he has ? He misread Inflation that's certain and he doesn't control the Fed and their policys

There's a whole lot more going on than just Joe Biden, he isn't the sole cause of rising prices. It would be wrong to say he caused all of it. Which is why I would never say he caused all of it.

It would also be wrong to say he caused none of it. But that's what you're all saying.

Fortunately, what you say and I say doesn't matter a rat's azz. What matters is that the American people get to speak their minds on gas prices, and everything else, in a few months. As for me, I'm pretty confident and secure that the American people will come to the correct conclusion as to what caused the MANY different crises and failures that are impacting all of us. Which means, well, I wouldn't want to be in your shoes on election day, unless things change before then, as they well could.

On top of EVERYTHING ELSE, the S&P500 index is in a full correction, the Nasdaq index is in full bear territory. The one thing he had going for him was an astounding stock market, and now even that is looking shaky.

And the Market are responding to world events inflation and the coming end to zero interest not Biden

I know many people who were so High on the Market and how their 401k looked day to day! not taking the long view ..Many have taken a Serious beating some up to 100k in losses .. because they rolled the dice had everything in High risk and lost

and the easy Target is Blame Biden .. because the bought into the fantasy POTUS has power to control the Markets

[Jim in CT]

Originally Posted by wdmso

And the Market are responding to world events inflation and the coming end to zero interest not Biden

I know many people who were so High on the Market and how their 401k looked day to day! not taking the long view ..Many have taken a Serious beating some up to 100k in losses .. because they rolled the dice had everything in High risk and lost

and the easy Target is Blame Biden .. because the bought into the fantasy POTUS has power to control the Markets

"if you have not used your current leases and have not sunk a well on those un used leased"

THAT assumes that the current un-used leases, are as productive as the leases not granted. You have no way of knowing if that's true. If oil companies could make money on current unused leases, they'd be doing so.

You can't win this argument. Oil pricing is speculative. Look at what happened to oil since Biden's first day.

[Jim in CT]

Originally Posted by wdmso

And the Market are responding to world events inflation and the coming end to zero interest not Biden

Prove that, please. I beg you.