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1 posted on 09/19/2023 9:25:37 AM PDT by ConservativeInPA
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To: ConservativeInPA

Oil prices going higher? Not to worry - Janet Yellen is on it; She’s watching the markets with an eagle eye!


2 posted on 09/19/2023 9:27:47 AM PDT by Ken522
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To: ConservativeInPA

It’s OK. We’ll just tap into that Strategic Petroleum Reserve. That’s around here somewhere ... right?


3 posted on 09/19/2023 9:29:07 AM PDT by ClearCase_guy (They say "Our Democracy" but they mean Cosa Nostra.)
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To: ConservativeInPA

It isn’t a “Challenge”, it is a goal.

The challenge for them is how to get it that high without having their filthy rat-claws ripped from the levers of power before they can accomplish it.


5 posted on 09/19/2023 9:31:32 AM PDT by rlmorel ("If you think tough men are dangerous, just wait until you see what weak men are capable of." JBP)
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To: ConservativeInPA

The Democrats see high oil prices as helping sell EV’s. They love it!


7 posted on 09/19/2023 9:35:03 AM PDT by Spok (It takes a lot of learning to understand how little we know. (Paraphrasing Thomas Sowell.))
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To: ConservativeInPA

And just like that the cost of goods and food just went up. AGAIN!


13 posted on 09/19/2023 9:41:36 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: ConservativeInPA

Not to worry Energy Secretary Granholm’s staff is blocking EV chargers with GSA gas cars so she can make a 4 hour trip in her EV to do her part to save the planet....evil people.


15 posted on 09/19/2023 9:51:30 AM PDT by wardamneagle
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To: ConservativeInPA
"Gasoline should coat at least $5.00 a gallon"

Joe Biden, on the campaign trail in 2008.

These people do tell you what they are! You just need to have two eats and a memory.

17 posted on 09/19/2023 10:01:33 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: ConservativeInPA

Yes - I thought we would see it by CHristmas, now it looks like by Halloween. This is about Saudi crushing Biden re-election in cooperation with Russia, keeping 1.3 MMBO per day off the market in the face of rising demand.


19 posted on 09/19/2023 10:11:48 AM PDT by FlyingEagle
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To: ConservativeInPA

A direct result of Biden’s refusal to allow drilling in this country and all the while, the USA is almost floating on oil. Count on Biden to do whatever is not in our best interest. It’s like we have a President who hates America.


23 posted on 09/19/2023 10:32:08 AM PDT by Midwesterner53
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To: ConservativeInPA

Oil at $100 is Saudi Arabia’s gift to America.

No democrat can be elected President with the high gas prices and ongoing inflation


24 posted on 09/19/2023 10:36:50 AM PDT by bert ( (KWE. NP. N.C. +12) Joe Biden is a kleptocrat)
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To: ConservativeInPA

Oil went to $150 a barrel during the GWB period — and that was when the dollar was still worth 3 cents vs. whatever it is worth now. But back then, we had an administration that was, correctly, in favor of keeping all energy options open because we don’t have a crystal ball and it makes sense to hedge our bets. The policy test then was to distinguish between energy systems that were entirely market viable vs. those that were approaching market viability, so it arguably made sense to provide enough of a boost to start scaling up, vs. those that should stay in the RD&D arena.

Somewhere in that decade, when oil rose to somewhere in the $60-80 range, ethanol became viable without subsidy. That’s when the great ethanol buildout took off. Then came fracking, another game changer. Wind and solar were also gaining some ground for off grid applications. All of that was legitimate.

So: the GWB administration was ok with coal and willing to explore carbon capture — at least it wasn’t sabotaging it on a massive scale — as well as pro-natural gas, pro-fracking, pro-biofuels, pro-nuclear, and pro aggressive development on wind, solar, hydrogen, and whatever else you can think of. Keep all options open, and be ready to scale up when they approached market viability.

Now we have a wrecking crew that has placed all its bets on all-electric everything, with electricity generated entirely by wind and solar — with U.S. rare earth production suppressed in favor of imports from China — and unicorn farts generated in the U.S.

Then we had a pro-energy, pro-growth strategy. Now we have an administration intent on pricing everything but electric out of reach.


25 posted on 09/19/2023 10:38:45 AM PDT by sphinx
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To: ConservativeInPA

Meanwhile, Biden stops more drilling leases in various places. WTG, Joe!


26 posted on 09/19/2023 10:40:35 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: ConservativeInPA

so $100 barrel of Oil = $5 a gallon?


28 posted on 09/19/2023 10:44:24 AM PDT by MNDude
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To: ConservativeInPA
Why isn't it translating into immediate gas price hikes ...like it normally does?
33 posted on 09/19/2023 1:06:45 PM PDT by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: ConservativeInPA

It is right where Obama wanted it.

4.00 average.


37 posted on 09/19/2023 1:25:38 PM PDT by eyedigress (Trump is my President!)
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