Posted on 03/01/2022 1:17:58 PM PST by abb
Short of an official request, the White House is now encouraging U.S. drillers to produce more crude. The White House has received a lot of pushback in recent days for not tapping what many see as at least a partial solution to the headache that is high oil prices—U.S. shale.
In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of high crude oil and gasoline prices.
Though words are different than deeds—and President Joe Biden’s deeds have been decisively anti-fossil fuel expansion—a White House official told U.S. oil companies on Tuesday that they could increase production if they want.
“Prices are quite high, the price signal is strong. If folks want to produce more, they can and they should,” White House National Economic Council Deputy Director Bharat Ramamurti said in an interview today.
While the words fell short of an official request to U.S. oil companies to increase production, it is decidedly different from ignoring U.S. oil companies’ production plans altogether while asking OPEC+ to do the heavy lifting when it comes to oil production—to no avail, no less.
Ramamurti also dispelled the notion that the U.S. Administration was somehow curtailing crude oil production.
But U.S. oil companies have long held that while the Administration hasn’t directly restricted U.S. output, the energy policies flowing out of the White House have put a damper not only on the attitude involving crude oil production but has made it far more difficult for oil companies to ramp up.
The White House has received a lot of pushback in recent days for not tapping what many see as at least a partial solution to the headache that is high oil prices—U.S. shale.
(Excerpt) Read more at oilprice.com ...
Approve the drilling leases, Potato-brain.
under what capacity? He’s blocked new oil and gas projects, cancelled leases, ended construction of pipelines, etc. He took a hack saw to our energy production and hasn’t stopped.
Memo to oil companies.
LGB! in capitol letters, and on the air.
Click.
Exactly right. This is "words" not "deeds".
How exactly is that done quietly.
The only reason we are not pumping is because of the green new deal as per Brandon’s promise during the 2020 election.
"Yeah, you guys can pull up our poll numbers if you like, just don't expect any policy changes that might help. You're welcome."
Uncancel the pipelines...
Joe is whispering again.
“Corn-Pop Oil Company. May I help you?”
Fake News
jawboning won’t work here, we need real policy changes.
Oil companies quietly calls on Biden to reverse his bans on fracking, exploration in Alaska, and fracking.
This is a payoff to Warren Buffett. Close down or tighten regulations on pipelines so Warrens choo-choo trains can haul more
The Green energy concept is the war being waged on the West by China, as they sell us the very club to beat us with called, “Clean Green Energy”. They laugh as they watch us destabilize our economy and destroy ourselves.
</chuckle>
Help us now, we won’t acknowledge that publicly, but do promise to beat up on you later.
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