Gas @ $3.99 and increasing to $4.25+

[YouSayPotato]

The premier of Alberta is pushing for the revival of the Trump-backed Keystone XL oil pipeline to replace Russian imports to the US​

Huileng Tan Business Insider
Mar 8, 2022, 3:48 AM

These pipes were to be used at the Keystone XL project that was officially terminated in June 2021. Terray Sylvester/Reuters

• President Biden revoked a key permit for the Keystone XL pipeline in 2021.
• The pipeline's developer officially terminated the project in June.
• On Monday, Alberta Premier Jason Kenney said the US could "come back to the table and help us build Keystone XL."

A Canadian politician is pushing for the the revival of the Keystone XL oil pipeline project that President Joe Biden canceled in January 2021. The move would boost US energy security amid the war in Ukraine.
"If the United States is serious about this, they could come back to the table and help us build Keystone XL," Alberta Premier Jason Kenney said at a news conference on Monday, according to a video posted to Canada's Global News website.
Kenney added that had Biden not shut down plans for the pipeline, the "democratic energy" it provided could have, by the end of the year, been displacing the "Russian conflict oil that's filled with the blood of Ukrainians."
The Obama administration rejected the pipeline due to environmental concerns, but President Donald Trump revived the project in 2017 and construction started in 2020. The pipeline's developer, TC Energy, terminated the $9 billion project in June. Less than 10% of the pipeline had been constructed when Biden revoked a key permit last January, according to the Reuters Fact Check team.

The Keystone XL pipeline was slated to cover about 1,240 miles from Alberta to Nebraska, and to be able to carry 830,000 barrels of crude oil a day, per the Alberta government's website. The US imported about 209,000 barrels of crude oil each day from Russia in 2021, according to the American Fuel and Petrochemical Manufacturers trade association.
Kenney said the Keystone XL pipeline could be built by the first quarter of 2023 if the Biden administration gives the go ahead, according to Global News.
Calgary-based TC Energy told Insider the existing Keystone pipeline system "will continue to provide unique, stable and safe source of energy to meet increasing US energy demands."

Oil prices surge​

The US is now considering a ban on Russian oil imports on its own, according to Reuters, citing two people familiar with the matter. This would come at a sensitive time as oil prices have surged 60% this year to a multiyear high.

White House press secretary Jen Psaki suggested Monday that resuming the Keystone XL pipeline project would not affect gas prices. This is as "the oil is continuing to flow in, just through other means. So it actually would have nothing to do with the current supply imbalance," Psaki said, according to an official transcript.
"What we can do to prevent this from being a challenge in future crises, the best thing we can do, is reduce our dependence on fossil fuels and foreign oil, because that will help us have a reliable source of energy so that we're not worried about gas prices going up because of the whims of a foreign dictator," Psaki added.
US crude oil production reached 11.8 million barrels a day in November and is set to rise to record highs at 12 million barrels a day in 2022 and 12.6 million barrels a day in 2013, according to the Energy Information Administration.

 

[Boilermaker03]

1. What added costs have been put in place by this administration?
2. The pipeline isn’t there. It wouldn’t have been done by now anyway. It’s a moot point
3. Is there enough oil where?

I saw a post on Facebook the other day (I know, I know lol) from the guy I bought my last car from. He works for a Jeep dealership. Obviously not known for great fuel efficiency. In a nutshell he brought up a handful of things:
1. His concern about gas prices. He readily acknowledged he will rethink a planned summer trip with his family
2. That the thought that any government official can change gas prices is an absurd fallacy (aka no one who wants to stay in office says yes let’s just throw on another 25 cents today), especially because of the next point
3. Why do energy companies just arbitrarily hike prices on gas when other industries don’t? Oh it’s holiday season. Let’s hike the prices. Oh there might be a conflict somewhere, let’s hike the prices now. Oh there might be a storm, so let’s hike the prices now. Other industries don’t do that at the rate the energy industry does. He also pointed out that to look at gas prices and then see that these energy industries are raking in record profits can’t be overlooked
4. He thinks competition is good. Let electric compete with fuel. If everything goes full electric, we’re back to where we started with pricing
5. Finally, as long as this country is so averse to mass transit, paying higher fuel costs is part of the deal. Biking and high speed trains and more bus routes etc aren’t looked kindly upon. Why? Well here in Indy, folks are mad that the new bus lines being put in take lanes for traffic out. There are other factors, but it’s one of them. We’re a country highly reliant on automobiles and unless some of that reliance changes, we’re at the whims of things that one pipeline aren’t going to fix.

Long post. It’s Friday. Don’t want to work and am anxious for the game tonight. But I went to fill my tank this morning and someone placed a sticker on the pump of a picture with Biden saying “I did that” and my first thought was that whoever did that knows shit about shit in regards to what’s going on.

Long, but clueless post. Thanks 👍

 

[PurdueFan1]

Long, but clueless post. Thanks 👍

🖕🖕🖕 to you as well, 03. May the weekend bring you many YouTube conspiracy videos you can link on Monday

 

[tjreese]

I know economics is not your strong suit, but this is fairly straight forward....

There are alot of economics of putting a lease into actual production. Part of those economics are:
1 Added costs of regulations of this admin.
2. Added costs of moving oil to market by train over the pipeline.
3. Is there actually enough oil there to make it worthwhile?

This is why we hear "9000" leases, but few have gone from lease to production.

These outrageously inflated D produced oil prices will help those economics ....so at least there is that.

Hope that helps.

I don't follow things on here very close, but can you remind me of how long it was going to take to get the shots and how long it really did? I'm just not sure of the projection timing. Would a pipeline and its complexity be harder to solve than the biolab creation of gain of function by the communists that resulted. Couldn't the private sector accomplish that task quicker than the blob?

 

[PurdueFan1]

Actually it would have been if not really really close to done by now. But thanks to this moron in chief, we're still over a year away from it being completed.

A wrong and clueless post. But thanks 👍👍

 

[Boilermaker03]

​

The premier of Alberta is pushing for the revival of the Trump-backed Keystone XL oil pipeline to replace Russian imports to the US​

Huileng Tan Business Insider
Mar 8, 2022, 3:48 AM

These pipes were to be used at the Keystone XL project that was officially terminated in June 2021. Terray Sylvester/Reuters

• President Biden revoked a key permit for the Keystone XL pipeline in 2021.
• The pipeline's developer officially terminated the project in June.
• On Monday, Alberta Premier Jason Kenney said the US could "come back to the table and help us build Keystone XL."

A Canadian politician is pushing for the the revival of the Keystone XL oil pipeline project that President Joe Biden canceled in January 2021. The move would boost US energy security amid the war in Ukraine.
"If the United States is serious about this, they could come back to the table and help us build Keystone XL," Alberta Premier Jason Kenney said at a news conference on Monday, according to a video posted to Canada's Global News website.
Kenney added that had Biden not shut down plans for the pipeline, the "democratic energy" it provided could have, by the end of the year, been displacing the "Russian conflict oil that's filled with the blood of Ukrainians."
The Obama administration rejected the pipeline due to environmental concerns, but President Donald Trump revived the project in 2017 and construction started in 2020. The pipeline's developer, TC Energy, terminated the $9 billion project in June. Less than 10% of the pipeline had been constructed when Biden revoked a key permit last January, according to the Reuters Fact Check team.

The Keystone XL pipeline was slated to cover about 1,240 miles from Alberta to Nebraska, and to be able to carry 830,000 barrels of crude oil a day, per the Alberta government's website. The US imported about 209,000 barrels of crude oil each day from Russia in 2021, according to the American Fuel and Petrochemical Manufacturers trade association.
Kenney said the Keystone XL pipeline could be built by the first quarter of 2023 if the Biden administration gives the go ahead, according to Global News.
Calgary-based TC Energy told Insider the existing Keystone pipeline system "will continue to provide unique, stable and safe source of energy to meet increasing US energy demands."

Oil prices surge​

The US is now considering a ban on Russian oil imports on its own, according to Reuters, citing two people familiar with the matter. This would come at a sensitive time as oil prices have surged 60% this year to a multiyear high.

White House press secretary Jen Psaki suggested Monday that resuming the Keystone XL pipeline project would not affect gas prices. This is as "the oil is continuing to flow in, just through other means. So it actually would have nothing to do with the current supply imbalance," Psaki said, according to an official transcript.
"What we can do to prevent this from being a challenge in future crises, the best thing we can do, is reduce our dependence on fossil fuels and foreign oil, because that will help us have a reliable source of energy so that we're not worried about gas prices going up because of the whims of a foreign dictator," Psaki added.
US crude oil production reached 11.8 million barrels a day in November and is set to rise to record highs at 12 million barrels a day in 2022 and 12.6 million barrels a day in 2013, according to the Energy Information Administration.

Psaki is just the worst.

 

[Boilermaker03]

🖕🖕🖕 to you as well, 03. May the weekend bring you many YouTube conspiracy videos you can link on Monday

A wrong and clueless post. But thanks 👍👍

Somebody's triggered.

 

[BuilderBob6]

I know economics is not your strong suit, but this is fairly straight forward....

There are alot of economics of putting a lease into actual production. Part of those economics are:
1 Added costs of regulations of this admin.
2. Added costs of moving oil to market by train over the pipeline.
3. Is there actually enough oil there to make it worthwhile?

This is why we hear "9000" leases, but few have gone from lease to production.

These outrageously inflated D produced oil prices will help those economics ....so at least there is that.

Hope that helps.

No. A "wow" emoji won't do. Reply to the post. This is what you guys do. You run off when you get challenged and few days later come back with the same BS argument.

A couple of us here keep asking you guys to state what Biden policies have cut oil production. You say climate change policy or Keystone or some other BS.......but you never deal in the facts.

Speaking of economics Mr expert, what happens to the price of oil when demand goes way down? Do oil companies keep producing the same amount? Then what happens to the price when demand shoots up.......and supplies are low?

 

[PurdueFan1]

Somebody's triggered.

Lol. It’s Friday, 03. All good here. Ready for the game tonight. Go back to your tinfoil hat.

 

[SKYDOG]

1. What added costs have been put in place by this administration?
2. The pipeline isn’t there. It wouldn’t have been done by now anyway. It’s a moot point
3. Is there enough oil where?

I saw a post on Facebook the other day (I know, I know lol) from the guy I bought my last car from. He works for a Jeep dealership. Obviously not known for great fuel efficiency. In a nutshell he brought up a handful of things:
1. His concern about gas prices. He readily acknowledged he will rethink a planned summer trip with his family
2. That the thought that any government official can change gas prices is an absurd fallacy (aka no one who wants to stay in office says yes let’s just throw on another 25 cents today), especially because of the next point
3. Why do energy companies just arbitrarily hike prices on gas when other industries don’t? Oh it’s holiday season. Let’s hike the prices. Oh there might be a conflict somewhere, let’s hike the prices now. Oh there might be a storm, so let’s hike the prices now. Other industries don’t do that at the rate the energy industry does. He also pointed out that to look at gas prices and then see that these energy industries are raking in record profits can’t be overlooked
4. He thinks competition is good. Let electric compete with fuel. If everything goes full electric, we’re back to where we started with pricing
5. Finally, as long as this country is so averse to mass transit, paying higher fuel costs is part of the deal. Biking and high speed trains and more bus routes etc aren’t looked kindly upon. Why? Well here in Indy, folks are mad that the new bus lines being put in take lanes for traffic out. There are other factors, but it’s one of them. We’re a country highly reliant on automobiles and unless some of that reliance changes, we’re at the whims of things that one pipeline aren’t going to fix.

Long post. It’s Friday. Don’t want to work and am anxious for the game tonight. But I went to fill my tank this morning and someone placed a sticker on the pump of a picture with Biden saying “I did that” and my first thought was that whoever did that knows shit about shit in regards to what’s going on.

BTW a government official can change the price of gas by raising or lowering state or federal taxes on it.

 

[TwinDegrees2]

Psaki is just the worst.

If Psaki's nose grew with every lie, she'd poke the eyes out of the California governor.

 

[PurdueFan1]

BTW a government official can change the price of gas by raising or lowering state or federal taxes on it.

True. And that’s a fair point. But if it was really that beneficial, all government officials would have suspended them by now.

The gas tax is becoming way less lucrative given the efficiency of cars these days, so it’s becoming somewhat outdated anyway. It will probably be replaced with something else at some point anyway, but suspending it causes other issues and I think it’s why most government officials don’t push overly hard to suspend it.

 

[Boiler Buck]

No. A "wow" emoji won't do. Reply to the post. This is what you guys do. You run off when you get challenged and few days later come back with the same BS argument.

A couple of us here keep asking you guys to state what Biden policies have cut oil production. You say climate change policy or Keystone or some other BS.......but you never deal in the facts.

Speaking of economics Mr expert, what happens to the price of oil when demand goes way down? Do oil companies keep producing the same amount? Then what happens to the price when demand shoots up.......and supplies are low?

Most non-partisan people can simply look at the price of gas and figure out what this admin is doing. You are so partisan you are blind to this.

But since you want specifics.....here are just 10 ways Biden is increasing costs.....
1. New EPA oil and gas rules passed in Nov 21 which added $1 billion to energy costs.

2. Biden overturned Trump admin EPA reforms which added lots of regulatory costs to energy.

3. Even though Biden has allowed new oil and gas leases on federal lands, he has restricted the front range of Alaska a highly oil fertile region. An example is suspending leases in the Arctic National Wildlife Refuge.

4. The admin canceling the Keystone XL pipeline causing oil to be moved by more expensive trains. Trump would have seen to it this pipeline was expedited like he did with vaccines.

5. The Waters of US rules passed increase new regulatory barriers to energy production where they pass through these "waters"

6. This admin is scaring the energy industry with new standards for particulate matter and ozone, likely tightening them to unachievable levels....this is a big halt for oil industry planning. Thus increasing costs due to unknowns.

7. Biden Endangered Species Act reforms, will increase red tape and allow litigation to slow down energy projects.

8. In April 2021, Biden rejoined the Paris agreement, which will result in onerous new regulations that could raise energy costs. Hard for oil industry to plan with these unknowns.

9. The president has increased & appointed several unaccountable regulators within the White House charged with creating new policies to regulate energy. The people who run these councils are unelected and have the ability to create broad costly energy regs. The Federal Energy Regulatory Commission carbon pricing policy realsed in April is an example of this.

10. A section of Biden's Infrastructure Investment and Jobs Act, requires states to develop costly state carbon-reduction plans that must be approved by the U.S. Department of Transportation as well as be updated every four years. Biden EPA regs on carbon emissions regs greenhouse gas emissions will raise costs on cars and cause rising energy costs.

​

 

[TwinDegrees2]

Most non-partisan people can simply look at the price of gas and figure out what this admin is doing. You are so partisan you are blind to this.

But since you want specifics.....here are just 10 ways Biden is increasing costs.....
1. New EPA oil and gas rules passed in Nov 21 which added $1 billion to energy costs.

2. Biden overturned Trump admin EPA reforms which added lots of regulatory costs to energy.

3. Even though Biden has allowed new oil and gas leases on federal lands, he has restricted the front range of Alaska a highly oil fertile region. An example is suspending leases in the Arctic National Wildlife Refuge.

4. The admin canceling the Keystone XL pipeline causing oil to be moved by more expensive trains. Trump would have seen to it this pipeline was expedited like he did with vaccines.

5. The Waters of US rules passed increase new regulatory barriers to energy production where they pass through these "waters"

6. This admin is scaring the energy industry with new standards for particulate matter and ozone, likely tightening them to unachievable levels....this is a big halt for oil industry planning. Thus increasing costs due to unknowns.

7. Biden Endangered Species Act reforms, will increase red tape and allow litigation to slow down energy projects.

8. In April 2021, Biden rejoined the Paris agreement, which will result in onerous new regulations that could raise energy costs. Hard for oil industry to plan with these unknowns.

9. The president has increased & appointed several unaccountable regulators within the White House charged with creating new policies to regulate energy. The people who run these councils are unelected and have the ability to create broad costly energy regs. The Federal Energy Regulatory Commission carbon pricing policy realsed in April is an example of this.

10. A section of Biden's Infrastructure Investment and Jobs Act, requires states to develop costly state carbon-reduction plans that must be approved by the U.S. Department of Transportation as well as be updated every four years. Biden EPA regs on carbon emissions regs greenhouse gas emissions will raise costs on cars and cause rising energy costs.

​

How about Biden getting rid of his Corvette for a EV. He's such a hypocrit.

 

[TwinDegrees2]

Most non-partisan people can simply look at the price of gas and figure out what this admin is doing. You are so partisan you are blind to this.

But since you want specifics.....here are just 10 ways Biden is increasing costs.....
1. New EPA oil and gas rules passed in Nov 21 which added $1 billion to energy costs.

2. Biden overturned Trump admin EPA reforms which added lots of regulatory costs to energy.

3. Even though Biden has allowed new oil and gas leases on federal lands, he has restricted the front range of Alaska a highly oil fertile region. An example is suspending leases in the Arctic National Wildlife Refuge.

4. The admin canceling the Keystone XL pipeline causing oil to be moved by more expensive trains. Trump would have seen to it this pipeline was expedited like he did with vaccines.

5. The Waters of US rules passed increase new regulatory barriers to energy production where they pass through these "waters"

6. This admin is scaring the energy industry with new standards for particulate matter and ozone, likely tightening them to unachievable levels....this is a big halt for oil industry planning. Thus increasing costs due to unknowns.

7. Biden Endangered Species Act reforms, will increase red tape and allow litigation to slow down energy projects.

8. In April 2021, Biden rejoined the Paris agreement, which will result in onerous new regulations that could raise energy costs. Hard for oil industry to plan with these unknowns.

9. The president has increased & appointed several unaccountable regulators within the White House charged with creating new policies to regulate energy. The people who run these councils are unelected and have the ability to create broad costly energy regs. The Federal Energy Regulatory Commission carbon pricing policy realsed in April is an example of this.

10. A section of Biden's Infrastructure Investment and Jobs Act, requires states to develop costly state carbon-reduction plans that must be approved by the U.S. Department of Transportation as well as be updated every four years. Biden EPA regs on carbon emissions regs greenhouse gas emissions will raise costs on cars and cause rising energy costs.

​

Great educational post but they still won't understand.

 

[PurdueFan1]

Most non-partisan people can simply look at the price of gas and figure out what this admin is doing. You are so partisan you are blind to this.

But since you want specifics.....here are just 10 ways Biden is increasing costs.....
1. New EPA oil and gas rules passed in Nov 21 which added $1 billion to energy costs.

2. Biden overturned Trump admin EPA reforms which added lots of regulatory costs to energy.

3. Even though Biden has allowed new oil and gas leases on federal lands, he has restricted the front range of Alaska a highly oil fertile region. An example is suspending leases in the Arctic National Wildlife Refuge.

4. The admin canceling the Keystone XL pipeline causing oil to be moved by more expensive trains. Trump would have seen to it this pipeline was expedited like he did with vaccines.

5. The Waters of US rules passed increase new regulatory barriers to energy production where they pass through these "waters"

6. This admin is scaring the energy industry with new standards for particulate matter and ozone, likely tightening them to unachievable levels....this is a big halt for oil industry planning. Thus increasing costs due to unknowns.

7. Biden Endangered Species Act reforms, will increase red tape and allow litigation to slow down energy projects.

8. In April 2021, Biden rejoined the Paris agreement, which will result in onerous new regulations that could raise energy costs. Hard for oil industry to plan with these unknowns.

9. The president has increased & appointed several unaccountable regulators within the White House charged with creating new policies to regulate energy. The people who run these councils are unelected and have the ability to create broad costly energy regs. The Federal Energy Regulatory Commission carbon pricing policy realsed in April is an example of this.

10. A section of Biden's Infrastructure Investment and Jobs Act, requires states to develop costly state carbon-reduction plans that must be approved by the U.S. Department of Transportation as well as be updated every four years. Biden EPA regs on carbon emissions regs greenhouse gas emissions will raise costs on cars and cause rising energy costs.

​

Didn’t trump approve the XL pipeline right away? So then why wasn’t it done when he was in office? He could have “expedited it”, right? At least argue in good faith.

 

[YouSayPotato]

Didn’t trump approve the XL pipeline right away? So then why wasn’t it done when he was in office? He could have “expedited it”, right? At least argue in good faith.

Here's the entire story. Please stifle the absurd lies.

Trump & the Keystone XL

 

[PurdueFan1]

Here's the entire story. Please stifle the absurd lies.

Trump & the Keystone XL

Gr8 was right. I do think you’re actually a potato.

What lie did I tell?

 

[SKYDOG]

Didn’t trump approve the XL pipeline right away? So then why wasn’t it done when he was in office? He could have “expedited it”, right? At least argue in good faith.

He was expediting the covid vaccine and defending himself from all the false democratic impeachments and other investigations. Imagine the good he could have accomplished if he had just a little cooperation from either side.

 

[PurdueFan1]

He was expediting the covid vaccine and defending himself from all the false democratic impeachments and other investigations. Imagine the good he could have accomplished if he had just a little cooperation from either side.

Yes. So much bipartisanship going on today too. 🙄

He gets credit for expediting the vaccine. That’s not what we’re talking about but okay.

 

[YouSayPotato]

What lie did I tell?

Did you read the link? Trump signed an executive order approving the Keystone XL project two days after taking office in January 2017. Obama had held it up for eight years.

 

[Boiler Buck]

Didn’t trump approve the XL pipeline right away? So then why wasn’t it done when he was in office? He could have “expedited it”, right? At least argue in good faith.

Expedited....happens in emergency....as in the vaccine.

Are you saying Trump's gas prices of ~ $2.50ish were an emergency for the public where he would expedite pipeline construction?

At least make comparisons in good faith.

 

[PurdueFan1]

Did you read the link? Trump signed an executive order approving the Keystone XL project two days after taking office in January 2017. Obama had held it up for eight years.

So why didn’t he expedite it like twin was saying Biden should have done? He had four years to get that baby built. So why wasn’t it?

 

[PurdueFan1]

Expedited....happens in emergency....as in the vaccine.

Are you saying Trump's gas prices of ~ $2.50ish were an emergency for the public where he would expedite pipeline construction?

At least make comparisons in good faith.

So the pipeline was going to be built in a month? Forget about comparisons; how about just spending a few minutes in reality?

 

[Boiler Buck]

So the pipeline was going to be built in a month? Forget about comparisons; how about just spending a few minutes in reality?

Did not say a month...anywhere???

If Trump was President we would NOT have hit these gas prices anyway, so really a moot point considering him expediting pipeline anyway. So sorry considering this alternate reality of Trump still being President, confused you.

But speaking of reality.....
1st Reality ....is crazy gas prices of $4.25+ gas, all caused by Biden.
2nd Reality....you voted for this crazines.
3rd Reality ....you trying to justify this craziness.

 

[PurdueFan1]

Did not say a month...anywhere???

If Trump was President we would NOT have hit these gas prices anyway, so really a moot point considering him expediting pipeline anyway. So sorry considering this alternate reality of Trump still being President, confused you.

But speaking of reality.....
1st Reality ....is crazy gas prices of $4.25+ gas, all caused by Biden.
2nd Reality....you voted for this crazines.
3rd Reality ....you trying to justify this craziness.

You’re losing the plot here, not that you had one.

Also, it’s your opinion that we wouldn’t have these gas prices if Trump was still in office. I’m betting most economists would vehemently and happily disagree with you, but you do you, boo.

I voted for Biden because it’s fun seeing the Trump cult melt down so easily.

Finally, I’m not justifying anything. You’re just full of shit.

 

[Boiler Buck]

You’re losing the plot here, not that you had one.

Also, it’s your opinion that we wouldn’t have these gas prices if Trump was still in office. I’m betting most economists would vehemently and happily disagree with you, but you do you, boo.

I voted for Biden because it’s fun seeing the Trump cult melt down so easily.

Finally, I’m not justifying anything. You’re just full of shit.

Plot.....
I was asked by your fellow lib to provide ways Biden raised gas prices. I provided 10 ways!

You then wish to discuss Trump so I did. Apparently, not to your liking.

You then in true lib manner, use a curse word in frustration resulting from your a poor losing argument.
Predictable.

 

[Crayfish57]

So the pipeline was going to be built in a month? Forget about comparisons; how about just spending a few minutes in reality?

Why is this pipeline issue so hard for you to understand? You bitch about it post after post, day after day and are clueless

 

[Crayfish57]

Plot.....
I was asked by your fellow lib to provide ways Biden raised gas prices. I provided 10 ways!

You then wish to discuss Trump so I did. Apparently, not to your liking.

You then in true lib manner, use a curse word in frustration resulting from your a poor losing argument.
Predictable.

You would have a easier time pounding a nail in a piece of granite than getting PF1 to actually understand anything. I swear he either is BuilderBob or his spawn

 

[Boilermaker03]

Did you read the link? Trump signed an executive order approving the Keystone XL project two days after taking office in January 2017. Obama had held it up for eight years.

@PurdueFan1 Not only that, but the project was held up in courts due to the environmental lunatics. So it could have been done, but it was halted in courts.

 

[Boilermaker03]

You’re losing the plot here, not that you had one.

Also, it’s your opinion that we wouldn’t have these gas prices if Trump was still in office. I’m betting most economists would vehemently and happily disagree with you, but you do you, boo.

I voted for Biden because it’s fun seeing the Trump cult melt down so easily.

Finally, I’m not justifying anything. You’re just full of shit.

You're delusional if you think these gas prices would be here under Trump. Biden had a ton to do with this. You just refuse to face reality.

 

[Crayfish57]

Did anyone ever watch Backyard Oil on DSC? I think it was DSC channel, hillbillies in Kentucky drilling wells literally in their back yards? It was actually kind of interesting . The amount they were bringing in wasnt going to help the problem now but sure as hell would be nice having one out back . I remember in lower MI along US 12 stuck out in fields you would see a lone or maybe 2 small pumps slowly pumping away filling a tank that would come get hauled off. Cass county MI used to have some too.

 

[BoilerJS]

M

You’re losing the plot here, not that you had one.

Also, it’s your opinion that we wouldn’t have these gas prices if Trump was still in office. I’m betting most economists would vehemently and happily disagree with you, but you do you, boo.

I voted for Biden because it’s fun seeing the Trump cult melt down so easily.

Finally, I’m not justifying anything. You’re just full of shit.

Maybe you can understand something common sensual.
Fact-Gas was an average $2 less, 2 years ago and during a booming economy.
Fact-Gas prices jumped over $1 per gallon after Biden was elected, during a coved collapsed economy andcare now pushing $5 per gallon.
Fact-Gas prices are at an all time high.
Fact-The US oil industry is capable of producing enough oil to fill the US needs.
Why isn't the US oil production the same as it was 2 years ago? Don’t you think that oil producers would be salivating at $110 per barrel oil?
What is different now than 2 years ago when gas was $2.50 per gallon?
The post above explains the reason for the current energy cost increases and thus high inflation.

 

[BuilderPurdueFan35]

You’re losing the plot here, not that you had one.

Also, it’s your opinion that we wouldn’t have these gas prices if Trump was still in office. I’m betting most economists would vehemently and happily disagree with you, but you do you, boo.

I voted for Biden because it’s fun seeing the Trump cult melt down so easily.

Finally, I’m not justifying anything. You’re just full of shit.

Boo? Ewww. Left wing brain trust.

 

[YouSayPotato]

Almost beyond belief, Democrats now want to increase taxes on oil companies and further reduce domestic production.

Democrats for Higher Gas Prices​

Senators propose a windfall-profits tax to reduce oil production.​

By The Editorial Board Wall Street Journal

March 11, 2022 6:44 pm ET

Gasoline prices are shown at a Chevron gas station in Gustine, Calif., March 8.​

You knew it was coming. Even as President Biden begs OPEC to pump more oil, Senate Democrats are threatening to punish U.S. oil companies with a windfall-profits tax if they increase production. The contradiction nicely summarizes progressive energy policy.
“Putin’s war is driving up gas prices—and Big Oil companies are raking in record profits,” Elizabeth Warren tweeted Thursday. To curb what she calls “Big Oil profiteering,” she and 11 other Senate Democrats have introduced legislation to impose the new tax.

“We need to hold large oil and gas companies accountable” and “urgently need to invest in America’s clean energy economy,” says Colorado Sen. Michael Bennet. Accountable for what? Making money in a legal business? Meeting obvious consumer demand?
The Senators’ plan would require companies that produce or import at least 300,000 barrels of oil per day (or did so in 2019) to pay a per-barrel tax equal to 50% of the difference between the current and average price between 2015 and 2019 (about $57 a barrel). They say smaller companies would be exempt so the giants can’t raise prices without losing market share.

But oil companies don’t set prices, as the Federal Trade Commission has found time and again. Supply, demand and market expectations do. Crude prices fell $20 a barrel on Thursday after the United Arab Emirates said it would encourage fellow OPEC members to increase production. Imagine how much oil prices might fall if President Biden announced a moratorium on climate regulation that punishes fossil fuels. Instead, Democrats are threatening to hurt producers for producing more.

Not long ago climate progressives argued that declining oil profits showed that companies needed to move away from fossil fuels. That was what last year’s ExxonMobil board battle was supposedly all about. Liberals also say asset managers should divest from oil companies because their profits are doomed to decline as the world embraces green energy.

But now Democrats say oil companies are too profitable and blame them for benefiting from the tighter oil supply and higher prices that political hostility to fossil fuels has exacerbated. Rhode Island Sen. Sheldon Whitehouse says “oil companies never let a good crisis go to waste.” Neither do Democrats.

The windfall-tax proposal shows that Democrats don’t want U.S. companies to produce more oil so gasoline prices fall. They want higher gas prices so reluctant consumers buy more electric vehicles. They can’t say this directly because it would be politically suicidal in an election year with the average gas price above $4 a gallon, so they do it indirectly via taxes and regulation.

It’s hard to believe President Biden would back the windfall tax, but with the influence of the climate lobby in this Administration, you never know.

 

[PurdueFan1]

Plot.....
I was asked by your fellow lib to provide ways Biden raised gas prices. I provided 10 ways!

You then wish to discuss Trump so I did. Apparently, not to your liking.

You then in true lib manner, use a curse word in frustration resulting from your a poor losing argument.
Predictable.

You provided ten observations and didn’t tie one of them as a true cause for the increase in prices. Try again.

And spare me the lecture on manners when your fellow mental midgets hurl insults left and right. Chastise them and then get back to me. Until then, cry more.

 

[PurdueFan1]

M

Maybe you can understand something common sensual.
Fact-Gas was an average $2 less, 2 years ago and during a booming economy.
Fact-Gas prices jumped over $1 per gallon after Biden was elected, during a coved collapsed economy andcare now pushing $5 per gallon.
Fact-Gas prices are at an all time high.
Fact-The US oil industry is capable of producing enough oil to fill the US needs.
Why isn't the US oil production the same as it was 2 years ago? Don’t you think that oil producers would be salivating at $110 per barrel oil?
What is different now than 2 years ago when gas was $2.50 per gallon?
The post above explains the reason for the current energy cost increases and thus high inflation.

You listed readily available information on gas prices from a couple years ago. Congrats on your Google skills.

 

[Boiler Buck]

You provided ten observations and didn’t tie one of them as a true cause for the increase in prices. Try again.

And spare me the lecture on manners when your fellow mental midgets hurl insults left and right. Chastise them and then get back to me. Until then, cry more.

Observations?
The results of those, "observations" were perfectly laid out by BoilerJS above. If you can't understand that, which it seems is the crux of the problem.......have a good day!

 

[BuilderBob6]

M

Maybe you can understand something common sensual.
Fact-Gas was an average $2 less, 2 years ago and during a booming economy.
Fact-Gas prices jumped over $1 per gallon after Biden was elected, during a coved collapsed economy andcare now pushing $5 per gallon.
Fact-Gas prices are at an all time high.
Fact-The US oil industry is capable of producing enough oil to fill the US needs.
Why isn't the US oil production the same as it was 2 years ago? Don’t you think that oil producers would be salivating at $110 per barrel oil?
What is different now than 2 years ago when gas was $2.50 per gallon?
The post above explains the reason for the current energy cost increases and thus high inflation.

You don't know the difference now from two years ago?

You don't know what happened that caused oil production to decrease?

What is it with you folks and basic economics? You think if the oil companies produce more the price is going to stay high?

 

[PurdueFan1]

Observations?
The results of those, "observations" were perfectly laid out by BoilerJS above. If you can't understand that, which it seems is the crux of the problem.......have a good day!

JS told me the price of gas two years ago, and that’s it. Yay, he can Google. Although it was more factual than anything you’ve laid out so he gets some credit there.