Posted on 03/25/2024 8:43:02 PM PDT by joesbucks
ecurity and economic benefit - David McNew/ReutersMore The US Energy Information Administration (EIA) said in January that US domestic production of crude oil for September 2023 set a new all-time high of 13,247,000 barrels per day.
(Excerpt) Read more at telegraph.co.uk ...
Oil companies are squeezing what they can from existing oil leases, knowing that the Bidon and Democrats will not approve any more leases one what exists is used up.
The oil/gas industry hunkers down during democrat administrations and work like hell during republican administrations. I own some oil well royalties. The money was good during Reagan, Bush and Trump. During Clinton, Obama and Obama (biden), the royalties have dried up.
cause and effect.
The irony is that its the ONLY think saving FJB and his green allies from blowing out inflation and destroying them and us.
I’m wondering if Al Gore still has investments in Occidental Petroleum.
We’ve got so much fossil fuel that the Jew-haters can afford to use it to set the ass on fire.
He would be stupid to give up all that. Hypocrites have to hypocrite.
My local gas station didn’t get the memo. Neither did the trucking companies who haul my groceries.
Our local gasoline prices prove that the defense of The Tater in the article posted by FR's resident Democrat is bullsqueeze.
There would be much more if Trump were President.
It’s been a buck or more a gallon than under President Trump since The Steal of 2020 installed joesbucks’s idol The Tater into office.
More like 2 or 3 dollars more.
In a sort of general way, both are true.
Production is up, in spite of Biden’s idiotic green policies.
But production is not up nearly enough, thanks to Biden’s idiotic green policies.
With the resources in the ground and sub-sea, the production could increase. Only a fool or an enemy would want the US to depend on wind and sunlight. Fossil fuels provide sure survival.
Then why is our gas $3.69 a gallon? This administration is by far the worst ever for the American people.
That was my 1st question.
What is the balance between production and usage? How much are we exporting? But I would zero in on how much government regulation costs have increased?
US urged Ukraine to halt strikes on Russian oil refineries(Biden fears higher gas prices will hurt his selection chances)
https://freerepublic.com/focus/f-news/4226578/posts
So, which is it?
“Then why is our gas $3.69 a gallon? This administration is by far the worst ever for the American people.”
Maybe it’s all going to China.
It’s not a victory if we’re still exporting record amounts of it, is it...
It’s going somewhere...
https://oilprice.com/Energy/Energy-General/US-Oil-Exports-Hit-a-New-Record-High-in-2023.html
Triumph for Deep States, not us.
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