President Biden

[Craig]

Originally Posted by StorytellerStealth

Please enlighten us on how any President in the free world controls fuel and Oil prices. Major refiners are free to charge whatever the market will bare.

The government makes more on a gallon of gas than the oil company does.

[Yadkin]

Originally Posted by Frankie the Fink

I honestly don't know how the man hasn't been forced to take a cognitive test:
Biden struggles to put jacket on, requires Jill to help him - YouTube

He probably has had several, but the results kept secret. What is really telling here is that his "doctor" wife plays along with the charade. Clearly she enjoys a life of pomp and privilege over what's right for her husband, or for that matter, what's right for the country.

[Broken Wind]

Originally Posted by Ryan Bell

Idiots elected a dementia patient with a crackhead son. Just asinine.

Pretty much.

The shit of it is he neither composed nor sent that tweet. One of his butt-boys did, and he/she/it is who is advising and enabling the demented idiot.

The whole lot of them need to fall into a Florida sinkhole.

[Giraffe (He/Him)]

Originally Posted by Broken Wind

One of his butt-boys

You said butt-boys.

[aerovette]

Originally Posted by bill_daniels

https://twitter.com/rncresearch/stat...95406915604481



https://twitter.com/rncresearch/stat...95406915604481

Enraging and pathetic all at the same time.

[DJ_Critterus]

Originally Posted by Broken Wind

Pretty much.

The shit of it is he neither composed nor sent that tweet. One of his butt-boys did, and he/she/it is who is advising and enabling the demented idiot.

The whole lot of them need to fall into a Florida sinkhole.

Drop them off in the middle of the ocean with no life raft. We don't need or want those assholes here in FL. Better yet, send them to Detroit.

[ptindall]

Originally Posted by ZipZap

Day one that he was in office, he enacted several exec orders, and shut down a few already in place. Killed the Keystone pipeline.

Only jokers look at these individual events and say things like, "the pipeline wouldn't carry enough cruse to help, and it was inferior crude". He shut down new leases at the same time saying that there already were enough out there. He claimed that the era of fossil fuels was ending, and we would adopt only clean energy investment.

I'm not sure you understand how this industry works... All drilling is done on a speculative basis, thus any investments need to be balanced against perceived gains. Investments went to near zero in gas and oil because nobody in their right mind would invest in something that POTUS stated he was going to end. So, when demand picked up, there was, pardon my pun, NOTHING in the pipeline to use as a recovery. We basically took the US offline and other nations took advantage of the lack of production. That's how you manipulate markets.

One thing I would agree with you on. Biden didn't do any of this because he is an absolute moron, unable to make any decisions without his lame ass administration handing him the cue card.

Correct. And notice no attempt to refute.

[LATB]

Originally Posted by bill_daniels

https://twitter.com/rncresearch/stat...95406915604481



https://twitter.com/rncresearch/stat...95406915604481

Pathetic.

[Onebadcad]

Originally Posted by StorytellerStealth

I fully understand refineries only produce the final product. Many steps involved from oil exploration down to the Delivery truck driver. Some here seem to think President can lower costs by all those steps it takes to produce a gallon of fuel. If Trump were President, we would have had the same spike in fuel prices. President can not just order that oil price is now $20 barrel.

I recommend you stop posting in this thread, your above reply only makes the hole deeper.

MOST product's prices are GREATLY influenced by supply and demand, for many it is the number one influencer; the price is more greatly manipulated for products that are NEEDED, vs. products purchased due to want.

When you have less product and demand remains constant, the price is increased by the current suppliers--this is called capitalism, and IS LEGAL.
The price is also increased more greatly by the new providers, as they GREATlY leverage your significant inability to provide at the level you delivered only one or two years ago.

depends joe is 100+% responsible for the higher prices all of have paid at the pumps since JAN 2021, he owns it, as does he own the inflation issue, he is an incompetent in the highest degree.

[VITE1]

When the President says this do you think business is going to invest billions to increase production KNOWING that this dolt has and will keep this promise?

Then all the climate change idiots in government do all they can by increasing regulations, adding roadblocks and increase taxes on them these businesses just say "No f#$kinf way.

Ask who is behind the lack of refinery capacity in the USA?

YouTube (Short URL)

[Mick]

Originally Posted by StorytellerStealth

Please enlighten us on how any President in the free world controls fuel and Oil prices. Major refiners are free to charge whatever the market will bare.

Originally Posted by StorytellerStealth

My post is about free world pricing. Maybe take off the blinders and stop walking in lockstep, and you will see the whole world has a problem with rising fuel prices. Hint Russian war may have something to do with fuel prices.

Originally Posted by StorytellerStealth

I fully understand refineries only produce the final product. Many steps involved from oil exploration down to the Delivery truck driver. Some here seem to think President can lower costs by all those steps it takes to produce a gallon of fuel. If Trump were President, we would have had the same spike in fuel prices. President can not just order that oil price is now $20 barrel.

Are you serious about this?

While I agree the President can not order changes to the prices of oil, changes in policy can have a profound impact on the oil market that does set the price. Policies like these:

1. Shut down completion of a pipeline that would give access to relatively cheap oil from our neighbor and important trading partner = Canada.

2. Ordering the cessation of lease auctions for new drilling projects.

3. Ordering the cessation of permit issuance for new fracking projects on public lands.

To go into the details of the impacts of these things is beyond the scope of a message board post (and I doubt you want to know anything about the facts anyway), but in summary, our near-term access to cheap oil has been restricted, and over time, our domestic production will drop, expanding our need to buy expensive oil from overseas. These impacts are a DIRECT RESULT of the policies spelled out above.

[Mick]

Originally Posted by StorytellerStealth

Do you believe Canada would give the United States a vast discount on crude oil? Canada is going to sell its oil for whatever the world market bears.

You should think about "cost of delivery". Completely different ball game to pump some oil down a pipe, compared to putting it on a ship, and transporting is 7000 miles or so.

Edited to add: You are also talking about two completely different animals when it comes to "political and economic stability".

[VITE1]

Originally Posted by StorytellerStealth

Do you believe Canada would give the United States a vast discount on crude oil? Canada is going to sell its oil for whatever the world market bears.

WTF are you talking about. The ONLY way to lower prices is to increase availability. Biden and the Democrats have done all they could to keep domestic production limited.

[Craig]

Originally Posted by Ryan Bell

Idiots elected a dementia patient with a crackhead son. Just asinine.

Another way to look at it: Think about how bad a candidate has to be, to lose to someone like Dopey Joe.

[bill_daniels]

Originally Posted by StorytellerStealth

Do you believe Canada would give the United States a vast discount on crude oil? Canada is going to sell its oil for whatever the world market bears.

It is shitty, heavy crude, so it will sell for less than our light sweet crude we produce in Texas, for example. And pumping it in a pipeline is a lot more cost effective than bringing up shitty heavy crude from the Orinoco basin in Venezuela, for example.

[bill_daniels]

[Old Ben]

Originally Posted by Craig

Another way to look at it: Think about how bad a candidate has to be, to lose to someone like Dopey Joe.

It had nothing to do with Trump being bad. It was Biden hiding in the basement and the liberal news outlets constantly demeaning Trump and hailing Biden. The idiot minions slurped it up like Jonestown kool-aid.

[Yadkin]

Originally Posted by Craig

Another way to look at it: Think about how bad a candidate has to be, to lose to someone like Dopey Joe.

Or how corrupt the process was for Dopey to win.

[Yadkin]

Originally Posted by StorytellerStealth

Cost oil companies about $1 a barrel per 1000 miles to ship oil by tanker ship. The pipeline would also have costs to build and maintain. You might save a few cents per gallon on gas with a pipeline.

Holy Exxon Valdez! Let's put Supertankers on American rivers.

[Craig]

Originally Posted by Yadkin

Or how corrupt the process was for Dopey to win.

Just because it didn’t turn out the way you wanted it to doesn’t make it corrupt.