Not one of them understands what it takes to get oil out of the ground, refine it, then get it to market."
They don't have to. It's what they're "Paid" for...
Posted on 06/16/2022 2:03:44 PM PDT by rktman
Since Biden doesn’t understand basic business & accounting, it is like trying to train a chipmunk to ride a motorcycle.
Except the chipmunk has a better chance, as this squirrel shows: https://video.foxnews.com/v/1743635731001#sp=show-clips
Yup, Black Rock, State Street and Van Guard control stockholder voter rights. Very bad.
You don’t have to “pressure” an oil company to produce oil.
Five dollar gasoline does that. Hundred dollar oil does that.
The question is, can they increase production in US oil fields, and US refineries? They will if they can, and if they can’t, they’ll shift those investment dollars overseas.
I remember that. That was dumb.
“We” don’t drill; those who do sell their product to the highest bidder.
It’s like people who think that food comes from the grocery store. They have no clue what it takes to get the food to the retail level.
You don't have a clue about how free enterprise works...do you...
What do you think costs more...the US shipping oil overseas and the overseas producers shipping there oil here?
or selling it locally and cutting out the middle man ....
I think you're missing something if you never understood “Economics 101”....but I welcome you opinion as to what is happening in the US....
lol..I think you're right!..you could spot them a couple of vowels and it would take most of them 20 try's ... .../s
If they are producing more than we can consume domestically... that will increase supply which according to the law of supply and demand will bring down the price.
I don’t see what I am missing at all.
As far as I know, unless there is some binding agreement that would override such an action, these individual shareholders can get their rights back from these America-hating wokesters.
Here's the money line, the slap across the face of Brandon's policies; “Longer term, government can promote investment through clear and consistent policy that supports U.S. resource development, such as regular and predictable lease sales, as well as streamlined regulatory approval and support for infrastructure such as pipelines.”
In other words, consistent policy of support. Biden did the opposite, he shut down the pipeline day one and ran on bankrupting big oil. Then after his policies create a crises, he turns around and says refine more etc. Companies can't make long term investments with this schizophrenic policy changes.
I love that song
It's the L-10 cap!
Ask Bidens handler’s what they produce for the taxes charged on every gallon of gas.
Well, the local tax in our county is getting a 1.89 cent raise on July 1 to 42.3 cents per gallon to help pay off some bonds. Apparently the increase was voted on in 2008 and approved by voters. We didn’t live here at the time. Guess some don’t have to learn to “live within their means” eh. They claim it is for road improvements in the county. Somebody lied.
Rule 1. NEVER vote ‘yes’ to increase your taxes.
Rule 2. See Rule 1.
Not one of them understands what it takes to get oil out of the ground, refine it, then get it to market."
They don't have to. It's what they're "Paid" for...
Yeah, oil companies ... invest heavily in something we have announced publicly that we plan to put out of business in 10 years. Does the FJB politburo understand how business works or what?!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.