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Biden raising oil prices is costing you more cash money

Scott Downey

Well-Known Member
Look at what Biden has accomplished with pushing up oil prices with his executive orders.
from low 40's to low 60's per barrel, Biden energy policy intent is working like the GND globalist democrats desire, to raise the price of your energy costs. 40 to 60 is a 50% price increase!


upload_2021-2-17_17-36-7.png
 

Baptist Believer

Well-Known Member
Site Supporter
Look at what Biden has accomplished with pushing up oil prices with his executive orders.
from low 40's to low 60's per barrel, Biden energy policy intent is working like the GND globalist democrats desire, to raise the price of your energy costs. 40 to 60 is a 50% price increase!
Specifically, what Executive Order has raised the cost of oil on the WORLD market?

Did you know that oil prices in the $60 range is good for the economy, since that spurs economic growth in the energy sector, which trickles through the entire economy?
 

Scott Downey

Well-Known Member
Specifically, what Executive Order has raised the cost of oil on the WORLD market?

Did you know that oil prices in the $60 range is good for the economy, since that spurs economic growth in the energy sector, which trickles through the entire economy?
oil pricing is based on speculation of future supply, the oil futures market is real and the prices follow the market.
Biden is limiting the future supply of oil.
Due to Biden shutting down keystone raised prices. As has Biden executive orders on oil and gas leasing.
If you restrict the ability to drill for oil, you will naturally raise prices.

OPEC changing production quotas does the same thing, limit the supply, prices rise.

So higher prices wont make for more exploration if Biden prevents it. It just leads to higher prices, hardships, and less oil
Your idea assumes a fair market, but it is not fair if the government gets in the way.
 

Baptist Believer

Well-Known Member
Site Supporter
So higher prices wont make for more exploration if Biden prevents it. It just leads to higher prices, hardships, and less oil
Your idea assumes a fair market, but it is not fair if the government gets in the way.
The Keystone pipeline (which was to end in my hometown), was to carry oil shale extracted from grinding up rock in a terribly expensive and environmentally dangerous way. I was glad to see him stop it. All of that was begun before the use of fracking technology to extract oil from oil shales far underground.
 

Scott Downey

Well-Known Member
So as covid wanes, oil demand will rise because economic activity will increase.
So what Biden has done is shifting our supply to come from areas which are far away such as middle east oil and less oil from friendlier close by oil producers like us and Canada..
That also means more US dollars heading overseas vs being spent on us oil producers benefiting us oil workers..
Biden is hurting our national oil security, and it is deliberate, as they plan to get rid of oil, coal, natural gas.
And Biden does not care, he cares only about their myth of existential global warming and the destruction of the earth in 9 years just as John Kerry has said.
 

Baptist Believer

Well-Known Member
Site Supporter
So as covid wanes, oil demand will rise because economic activity will increase.
So what Biden has done is shifting our supply to come from areas which are far away such as middle east oil and less oil from friendlier close by oil producers like us and Canada..
No, that's not true. We can produce more oil here than we can use. Oil workers suffer when prices are lower.

Biden is hurting our national oil security, and it is deliberate, as they plan to get rid of oil, coal, natural gas.
Nope. You don't understand the oil and gas market at all.

And Biden does not care, he cares only about their myth of existential global warming and the destruction of the earth in 9 years just as John Kerry has said.
Actually, this winter blast is caused by warming in the Arctic that is affecting the flow of the jet stream. It is a direct result of climate change.
 

Scott Downey

Well-Known Member
gaslighting
No, that's not true. We can produce more oil here than we can use. Oil workers suffer when prices are lower.


Nope. You don't understand the oil and gas market at all.


Actually, this winter blast is caused by warming in the Arctic that is affecting the flow of the jet stream. It is a direct result of climate change.
Your a gaslighter, which is why I put you on ignore.

Gaslighting - Wikipedia
Last time you will hear from me.
 

Salty

20,000 Posts Club
Administrator
The Keystone pipeline (which was to end in my hometown), was to carry oil shale extracted from grinding up rock in a terribly expensive and environmentally dangerous way. I was glad to see him stop it. All of that was begun before the use of fracking technology to extract oil from oil shales far underground.

and to carry via train or truck is also expensive and potentially dangerous.........
 

Scott Downey

Well-Known Member
There are working pipelines carrying oil from Canada into the US, stopping the Keystone does not stop oil coming here from Tar Sands in Canada. Canada oil production exceeds the ability of the existing Keystone pipeline. And it is far better to send oil on pipelines than by train cars.

This is how silly Biden and his pandering to the GND people is, the graphic shows it.
There is currently a working Keystone pipeline, the Keystone XL is just an extension of the functional Keystone pipeline.

keystone-xl-pipeline-route-map-overall-2_0.png
 

Scott Downey

Well-Known Member
At pressures that will crush a submarine, they have built an undersea gas platform in the North Sea and the longest undersea gas pipeline in the world all built and run by robots controlled remotely.

 

Baptist Believer

Well-Known Member
Site Supporter
Your a gaslighter, which is why I put you on ignore.

Last time you will hear from me.
Yeah, someone with knowledge comes across as a gaslighter to someone who stakes his life on propaganda.

From the looks of the posts following, Mr. Downey seems to think I am opposed to pipelines. Nothing could be further from the truth.
 

Baptist Believer

Well-Known Member
Site Supporter
Actually he believes that trash he is peddling.
Because it is true, even if it does not match the desires of your heart.

For the time will come when they will not tolerate sound doctrine; but wanting to have their ears tickled, they will accumulate for themselves teachers in accordance with their own desires, and they will turn their ears away from the truth and will turn aside to myths. - 2 Timothy 2:4:3-4​

I dont have him on ignore but I do tend to ignore him. Hard to take him seriously.
Of course. Attack and run away.

"Christians" who promote easily demonstrable falsehoods and conspiracy theories ("myths" as Paul wrote in 2 Timothy), completely undermine the gospel witness. God is bringing judgment upon the "conservatives"/Evangelicals in the United States for leaving the teachings of Christ for political gain. He is removing their lampstand, much like he warned the church in Ephesus (Revelation 2:4-5).

The only Christians who will have any credibility in the coming years will be those who have been consistently outspoken about the falsehoods, conspiracies, and violence (in words and deed) from so-called "conservative Christians" and "Christian" nationalists.
 

Yeshua1

Well-Known Member
Site Supporter
Specifically, what Executive Order has raised the cost of oil on the WORLD market?

Did you know that oil prices in the $60 range is good for the economy, since that spurs economic growth in the energy sector, which trickles through the entire economy?
Except that the Biden Admin is already having mass layoffs now in energy sector, such as oil?
 

Baptist Believer

Well-Known Member
Site Supporter
Except that the Biden Admin is already having mass layoffs now in energy sector, such as oil?
No, that was the Trump Administration.

Layoffs began in March and April of 2020, based on the falling price of oil due to the market, as well as Coronavirus restricting travel.

Rising oil prices -- which the OP, Mr. Downey, attributed to President Biden -- will help re-employ oil workers. That's the way the oil business works, although Mr. Downey doesn't understand it, nor wants to understand it, because it would mess up his propaganda.
 

Scott Downey

Well-Known Member
Except that the Biden Admin is already having mass layoffs now in energy sector, such as oil?
I heard on our local news they expect gasoline prices to hit $3 per gallon this summer.
You can thank the democrats for that by slowing down oil exploration, actually shutting it down as in by executive orders to prevent drilling for oil on federal lands.

I do not make stuff up, neither do I not know what I am talking about, like some have said on here.
Biden policy means higher oil prices: Goldman
Under Biden's Plan, Energy Prices Go Up, And That's The Point
 
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