Posted on 03/03/2022 4:49:23 PM PST by ChicagoConservative27
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sens. Mark Warner (D-VA) and Jeanne Shaheen (D-NH) argued that oil companies are not producing as much as oil as they could to keep the price high and these companies need to increase production to help combat Russia’s energy wealth.
After both Senators called for an embargo on Russian oil, Shaheen said, “I know there’s hardship on the American people and on everybody who is affected by these high gas prices, but the other thing we need to do is we need to call on our CEOs of the major oil companies to stop sitting on production and increase production. They’ve been sitting on the amount of production because they want to keep the price high. Well, the world needs them to respond now as well. They need to do this so that they can support the free world as we’re trying to fight this tyrant who is trying to put — capture the democracies of the world. And so, we need to all stand together here.”
(Excerpt) Read more at breitbart.com ...
Gas prices have just about or have doubled in less than a year. Even rabid left-wing nut jobs feel the pain
The oil companies. Do you think they’re willing to put America first? They’re like Apple not cooperating with the US government to unlock the iPhone of a terrorist.
We need more small, independent companies out there willing to drill for a smaller profit just to keep busy.
They should drill less to save the environment, isn’t that what the idiot in the White House wants
To the X.
If Biden cancels new leases and prevents drilling on current leases, oil companies are forced to ration the production of existing fields because the replacement oil has now become unreliable.
The oil companies cannot balance the production of oil with the discovery of replacement oil when Biden cancels their ability to replace oil, so it's in the oil companies' interest to restrict production rather than increase production with no guarantee of being able to replace that oil from new fields.
Psaki says the oil companies have plenty of undeveloped leases they can drill on. The oil companies have the leases, but that doesn't guarantee that there is oil on them, or that any oil is economically accessible. Depleting an oil reservoir has to be modeled and planned, so that over-producing doesn't damage the reservoir and actually make it produce less over time.
-PJ
That’s how oil works. There is more than gas stations.
Yep, just turn a couple valves and “presto”. More oil.
Most of the drilling in America is from independent companies. Some have become quite large but they are not Exxon or Shell.
They think oil production is like like buying solar panels 🤪
How can people this stupid be in charge of so much?!
Oh NOW they love oil
No. They fear us! And they know they shut down all the oil production for solar powered windmills. They have polled this and know they are in serious deep shit!
You have got to be kidding. They have been *prohibited* from increasing production.
*more* than doubled. $1.50 to $3.70
Today's Progressives are cultists. Cults are unreasonable, can't be negotiated with, don't accept responsibility and DO blame anybody for actions they take. The Democrat Party is nothing more than a grand alliance between several cults.
Pumps right out of the ground into the gas tank.
Does no good to drill it if you can’t frack it…oil isn’t in big voids in the earth. It’s in very tight rock deep in the earth. If you can’t break the rocks or shales by fracking them, no oil will flow out…..these phucking idiots lie about everything….we been fracking these rocks for 50 years….
Great Post!
“Even rabid left-wing nut jobs feel the pain”.
This is an excellent time to get to quora.com. They’re not all 12-year-olds (but it’s close). ;)
Remind the loonies there on every page.
Why would anyone expect anything different from the Leftist Dems? The one and only thing that motivates them to ask for more oil production is to lower oil company profits. They are completely obsessed with beating down oil companies, no matter what (full disclosure - I own not one single share of any oil company, not even indirectly, and I don’t work for one or have anyone in my family who does).
National security and the national interest are (and always have been) as far from the simple minds of Democrats at the price of cheese on the dark side of the Moon.
So are desperate Democrats planning to make sure of lower gas prices and back-to-normal store inventories before election and take credit for fixing economy to try to win in November?
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