Posted on 07/26/2022 8:27:49 AM PDT by rktman
President Biden warned oil companies last week that if they don’t do more to help address rising prices, he will revoke their drilling permits on federal lands.
While touting that gas prices have fallen to below $4 at 30,000 gas stations across 35 states, he said more needs to be done.
"First, we’re going to look at ways to increase oil production from the existing wells and permits that exist today," he said. "The industry has more approved permits for production on federal lands than they can possibly use. That’s a fact. Let me say it again: They have more than they can use.
"So my message to these companies is: Use the permits or lose them. Don’t say we can’t — you don’t have access," he added.
Second, I’m telling the industry, “You’re making record profits due to Putin’s war in Ukraine. Use those profits to increase production and refining. Don’t use those profits to buy back your stocks and dividends.”
Look, thirdly, we’ll talk about a global price cap on Russian oil — that I got our partners to agree to last month at the G7 — that will keep supply up and Putin’s revenues down. In the days and weeks ahead, I’m going to keep doing what I can to bring down the price of gas at the pump. (White House)
(Excerpt) Read more at townhall.com ...
He is an old fascist, being told what to do by young fascists
Well I just then hope he has the big one instead. Hope it on tv while he is doing his Huey long interpretation.
Biden probably can’t tie his own shoes. He is the wrong target of our anger here. We must focus on whatever handlers are putting him up to this. He is a cardboard cutout. Don’t get mad at him.
So Biden is saying, “Bring prices down, or I’ll make them go up more.”.
Yup.
The CEO of Exxon/Mobile should come on tv and say, “Biden, you flaming moron… effective midnight tonight, I am shutting down all refining and production of gasoline, diesel, and propane.”
The CEO of Exxon/Mobile should come on tv and say, “Biden, you flaming moron… effective midnight tonight, I am shutting down all refining and production of gasoline, diesel, and propane.”
Not to defend Brandon, but I believe he can do this on Federal Lands. He threatened to do this only on Federal lands. While he may the authority to do this, it’s just another in a long line of stupid Brandon decisions.
Biden obviously never took even basic Econ 201. MRP= MRC. Opening up more supply/permits and more drilling areas creates more oil and lowers consumer prices. Biden and his boss Obama only care about themselves.
The dumbahz in chief speaks.🙄
So says Mr. “I don’t know a damn thing about the oil business.”
"So my message to these companies is: Use the permits or lose them. Don’t say we can’t — you don’t have access," he added.
Second, I’m telling the industry, “You’re making record profits due to Putin’s war in Ukraine. Use those profits to increase production and refining. Don’t use those profits to buy back your stocks and dividends.”
Look, thirdly, we’ll talk about a global price cap on Russian oil — that I got our partners to agree to last month at the G7 — that will keep supply up and Putin’s revenues down. In the days and weeks ahead, I’m going to keep doing what I can to bring down the price of gas at the pump.
Just who is the white house trying to fool? That is NOT Biden talking. That's his invisible, behind the scenes handlers talking. Biden is so riddled with dementia, he can't string enough words together to form a coherent sentence. Let alone all that.
Without his pills, and even with, he pretty much doesn't know what's going on around him. He's like a helpless toddler who hasn't even learned how to walk or talk yet. Forget about spouting whole paragraphs about energy policy and oil prices.
He already shut down new permits on federal land, months ago.
Dementia is a terrible thing to ignore.
“Without his pills, and even with, he pretty much doesn’t know what’s going on around him. He’s like a helpless toddler who hasn’t even learned how to walk or talk yet. Forget about spouting whole paragraphs about energy policy and oil prices.”
Please folks, don’t underestimate the evilness and corruption of this doddering old fool. Yes he is being manipulated by the puppeteers, but believe me, he likes the role of dictator in chief; he is a fascist at heart. And he’s pretty stupid to boot. A really dangerous list of defects in his personality.
You can’t take old Joe and his innate viciousness out of the equation. He’s getting off on making us all miserable while he power trips. This guy’s got to go via the ballot box or via impeachment, bad health, or whatever.
I know, then we get Kamala instead; the good news there is that Trump will be a shoo-in come the 2024 election, as Kamala is pretty much universally disliked except for by suburban liberal women and blacks. This will be offset by the rest of our citizens who will be totally disgusted with her reign in short order should she ascend to the throne.
A Pub for Prez will be guaranteed in 2024. However, there will have to be a total rebuild of our society and economy at that time, as the evil Dems will have ruined much of it by then. That’s where Trump’s expertise as a businessman will come in real handy, as he will be able to rebuild our Country in the shortest period of time. Plus he knows where all the bodies lie, and will have revenge on his mind as he clears out the swamp. He won’t be fooling around this next time.
Trump doesn’t have to start at square one because he’s been there, done that. Trump will be going straight for the jugular of his enemies and the other thugs and fools in government from both parties. A total house cleaning is in order. And that is what will happen. That is why the Jan 6th Committee is so desperately pursuing their 3rd impeachment attempt, this time by indictment of Trump, and believe me, with no proof at all,
Merritt Garland will indeed indict Trump on phony charges. That is why Trump must announce his run for President sooner than later, pre-indictment, so that the Jan 6th Committee are exposed for the rogue players they are before they get their digs in.
G1 Laz.
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.