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Biden threatens oil companies with 'emergency powers' if they don't increase supply: Slams their 'historically high profit margins' while families see gas prices hit record highs above $5 per gallon
UK Daily Mail ^ | June 15 2022 | KATELYN CARALLE

Posted on 06/15/2022 12:42:36 PM PDT by knighthawk

click here to read article


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To: knighthawk

What a fool.


21 posted on 06/15/2022 12:50:38 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: knighthawk
The simple fix...(except I'm make the Biden Voter price $10/gallon)...


22 posted on 06/15/2022 12:51:30 PM PDT by ProtectOurFreedom (Wanting to make America great isn’t an insult unless you’re trying to make it worse! ULTRAMAGA!!)
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To: mrmeyer

Isn’t the ‘smartest man he knows’ some kind of ‘oil and gas man’?

Maybe Hunter could educate his father on how the oil industry actually works.


23 posted on 06/15/2022 12:51:31 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: knighthawk
Oil is a global commodity...He doesn't understand the concept.

And he should stop making like "he didn't shutdown every-thing he could" to kill oil, gas and all fossil fuels as part of his climate change agenda.

24 posted on 06/15/2022 12:51:41 PM PDT by Sacajaweau ( )
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To: knighthawk

we are not at war...

what an idiot.


25 posted on 06/15/2022 12:52:17 PM PDT by cableguymn
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To: Mathews
The visual provided in article tells a pretty good story. Blue state gas prices are higher than Red States. Do the oil companies have the ability to price according to which party runs the state?

Not always that way. Idaho pays $0.50-$1.00 more per gallon than New Mexico does. The reason? New Mexico has more pipelines serving the state. Idaho gets most of it from one line coming up from Utah.

26 posted on 06/15/2022 12:52:56 PM PDT by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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To: knighthawk

Pretty sure you don’t want to threaten Americas energy companies.

Or better yet, maybe they should just stop sending fuel to those places that hate them. Let them starve and freeze in the dark.


27 posted on 06/15/2022 12:56:05 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: knighthawk

All these machinations from the man who is causing the whole thing. The gas prices are caused by Biden who keeps insisting he is helping climate change. How does oil bought from foreign entities cause less pollutants than American oil? Joe Biden is a giant phoney!


28 posted on 06/15/2022 12:56:11 PM PDT by maxwellsmart_agent
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To: knighthawk

He drastically reduced the number of leases sold, cancelled Keystone XL on his FIRST day in office. He also told America and the world over CNN in March 2020 that he will completely shut down drilling for oil and natural gas on day one of his administration.

Why would ANYONE invest in an enterprise where the ‘ruler’ (or jester, in XiJinBiden’s case) of the country says he’s going to shut down that business!

Demonrat voters, sow the wind, now reap the whirlwind!


29 posted on 06/15/2022 12:56:14 PM PDT by A Formerly Proud Canadian ( Ceterum autem censeo Justinius True-dope-us esse delendam)
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To: knighthawk

Their plan is to destroy the Oil Companies before they ban oil ?


30 posted on 06/15/2022 12:56:14 PM PDT by butlerweave
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To: Its All Over Except ...

Release the frac...en


31 posted on 06/15/2022 12:57:21 PM PDT by South Dakota (Patriotism is the new terrorism )
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To: Timber Rattler

He’s on the phone with Munduro to see how to implement the takeover.


32 posted on 06/15/2022 12:57:23 PM PDT by BiglyCommentary
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To: 1Old Pro

I doubt he actually knows.................


33 posted on 06/15/2022 12:57:49 PM PDT by Osage Orange (Had a tag line a couple times....maybe have another someday.)
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To: ProtectOurFreedom

Make this a t-shirt and it could sell.


34 posted on 06/15/2022 12:58:06 PM PDT by Freedom of Speech Wins (A)
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To: knighthawk

Certainly. We’ll drill new wells in our leases. Oops! Can’t do that. We’ll extract more oil out of wells by fracking. Oops, can’t do that!

(lather, rinse, repeat...)


35 posted on 06/15/2022 12:58:28 PM PDT by 17th Miss Regt
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To: Mathews

“Blue state gas prices are higher than Red States. “

Easy to compare the state taxes. That tells the true tale.


36 posted on 06/15/2022 12:59:34 PM PDT by BiglyCommentary
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To: Not A Snowbird

$4.60 a gal here in NE OK


37 posted on 06/15/2022 12:59:45 PM PDT by Osage Orange (Had a tag line a couple times....maybe have another someday.)
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To: knighthawk

Hmmm…. How did Trump get record low prices without making threats?


38 posted on 06/15/2022 12:59:46 PM PDT by fwdude (Every time I see someone voluntarily masked in public, I know I'm looking at a vaccinated person.)
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39 posted on 06/15/2022 12:59:47 PM PDT by RandallFlagg ("Okay. As long as the paperwork is clean, you boys can do what you like out there." -Fifi)
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To: knighthawk

I don’t blame this all on Biden (although he is an imbecile), but global warming hysteria and regulation. Even outside of government, banks and other financial institutions will not loan funds to carbon based energy development, insurance companies won’t write policies to protect it. Who is willing to invest in refinery growth or new carbon energy sources when it may take a decade to show a profit. Governments around the world are making it impossible to project any long term profit. The problem as always is government intervention, by not letting non carbon sources grow naturally and push out other sources with natural market selection. This didn’t happen, government (and voters) decided the source was bad and started, lawsuits, regulations and pressure to stop it, while no good alternative was fully developed. Maybe the coming depression will change the environment, but I doubt it.


40 posted on 06/15/2022 12:59:54 PM PDT by joedish
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