Biden team asks oil industry for help
to tame gas prices
Politico,
by
Ben Lefebvre
Original Article
Posted By: Come And Take It,
10/14/2021 7:03:53 PM
The White House has been consulting with the oil industry to seek a remedy for rising gasoline prices as surging inflation threatens to tarnish the economic recovery, according to three people familiar with the discussions.
The latest outreach to the oil industry is an awkward shift for the Biden administration, which has pledged to move the country away from fossil fuels and has drawn criticism from the industry and Republicans for pausing lease sales of federal land for oil and gas development.
Reply 1 - Posted by:
SALady 10/14/2021 7:10:58 PM (No. 945739)
The Demon-Rats are doing everything they can to destroy the oil and gas industry in this country.
And now they want the oil and gas industry to help them recover from the results of their terrible economic policies.
Not just "no", but "big freakin' hell no"!!!!!!!!!
35 people like this.
Reply 2 - Posted by:
Namma 10/14/2021 7:15:33 PM (No. 945742)
What a doofus. Close down a pipeline. Stop our country from being fuel independent and then ask for help to ease the cost of fuel from a country making billions off the US! He’s nuts. Why would a country stop getting as much of our money as they can. I miss PRESIDENT Trump
36 people like this.
Reply 3 - Posted by:
RuckusTom 10/14/2021 7:16:45 PM (No. 945744)
Didn't he debate a lady who had some pretty good advice in "Drill, baby, drill" one time?
26 people like this.
Reply 4 - Posted by:
LanceLink1 10/14/2021 7:21:54 PM (No. 945749)
Obviously Joe has no clue due to his dementia nor do those controlling him due to their ideology and lack of real world survival. Between this and the attempt to foolishly pursue 97% vaccination with treatments that don't work for a virus that is 99% survivable is a fools errand. All mandates in attempts to achieve this nonsense is just that.
It's all about power and control. Resist indeed.
21 people like this.
Reply 5 - Posted by:
marbles 10/14/2021 7:22:06 PM (No. 945750)
Create the problem and the ask the industry you destroyed you help you out.Does this group of children that are in office think no one paying attention to their games?
22 people like this.
Open the Keystone pipeline. Simple.
34 people like this.
Reply 7 - Posted by:
TLCary 10/14/2021 7:25:37 PM (No. 945755)
How did that work for him with the Taliban? Only idiots who think they can stop inflation by making it illegal to raise prices would even think this way.
13 people like this.
Reply 8 - Posted by:
Bur Oak 10/14/2021 7:26:26 PM (No. 945757)
Biden is simply setting up the oil business so he can attempt to blame them for his incompetency and mendacity.
19 people like this.
Reply 9 - Posted by:
mc squared 10/14/2021 7:33:58 PM (No. 945762)
He's playing the cops game: 'Good President - Bad President.' Today, he's the Good President. Tomorrow he'll raise taxes and shut down more supply.
13 people like this.
Reply 10 - Posted by:
DVC 10/14/2021 7:34:56 PM (No. 945763)
What a moron. The market sets the price based on demand (fairly constant, and high) and the supply.....dramatically decreased by Traitor Joe's own actions.
Is Joe actually this stupid that he doesn't see that HE is the reason for the price increase?
That may be possible, he is very stupid. But certainly, others in his groups of fools knows that
the policies that they have put into action are the reason for the price increases.
They ALL can't be as stupid as Joe.
16 people like this.
Reply 11 - Posted by:
Peach1 10/14/2021 7:39:34 PM (No. 945764)
#6 - That’s exactly what the oil companies should tell him. Nothing more, nothing less!
And then turn away & walk out, like he does!
11 people like this.
Reply 12 - Posted by:
JL80863 10/14/2021 7:43:02 PM (No. 945772)
It's time for the industry to do some hard nose negotiating. "Open Keystone (or other priority project) and we will talk" As other have pointed out , how many times does the industry have to solve the problem before getting some respect. Congress created the Department of Energy to reduce our dependence on foreign oil and completely failed to do so. US industry came through but the dems sold them out as they always do.
16 people like this.
Reply 13 - Posted by:
BarryNo 10/14/2021 7:46:56 PM (No. 945778)
Let's Go Brandon!!
20 people like this.
Reply 14 - Posted by:
Starboard_side 10/14/2021 7:53:33 PM (No. 945781)
#10, they knew he created this problem, and now need to fool the oil and natural gas industry folks to come back so he can blame them for the high prices the following week.
If the Oil and Gas industry was smart, they issue a statement that they can't trust this president.
Heard there are only a few hundred wells active compared to almost 800 in the previous administration.
Natural gas down to under 100 sites.
Wait until those folks in the Northeast start getting those massive heating bills.
16 people like this.
Reply 15 - Posted by:
padiva 10/14/2021 8:02:35 PM (No. 945788)
The Big Guy is looking for his cut.
9 people like this.
Reply 16 - Posted by:
Birddog 10/14/2021 8:08:33 PM (No. 945793)
Really??
"GFY...LGB"- Oil Industry
8 people like this.
Reply 17 - Posted by:
scottj 10/14/2021 8:11:29 PM (No. 945796)
There you go. Ban drilling and fracking and then when it blows up in your face beg the people you put out of work to come save you.
14 people like this.
Reply 18 - Posted by:
Birddog 10/14/2021 8:22:07 PM (No. 945812)
Uncle Joe/Govt makes MORE per gallon than the Oil industry does.
If He wants to lower prices all he has to do is Lower HIS tax on the stuff.
It's isn't like he actually "Needs" the money from it for "Roads" he has a $1.2 TRILLION dollar "Roads" Bill just waiting for his signature...and no one in the way of it getting to his desk, except..."Green NUDE Eel" socialists, that call anyone in "OIL" Devils, Nazi's and humanity's worst enemy...which Joe Biden allows/encourages.
9 people like this.
Reply 19 - Posted by:
ThreeBadCats3 10/14/2021 8:24:08 PM (No. 945814)
Doctor, I can’t seem to get rid of this headache. But I enjoy so much, and can’t stop hitting my head with a hammer several times a day. What should I do?
8 people like this.
Reply 20 - Posted by:
Birddog 10/14/2021 8:38:13 PM (No. 945820)
Federal fuel Taxes raised $365 Billion last year, plus another $9Billion just on Truckers.
So the "Infrastructure Bill" is nearly 4 years worth of total fuel taxes.
7 people like this.
Reply 21 - Posted by:
Digger 10/14/2021 9:36:55 PM (No. 945845)
I saw the headline on Fox Business this morning saying WH asks oil companies to reduce costs and thought to myself “Well, duh, why didn’t I think of that.” I spent more than 50 years in oil and gas. We constantly looked for ways to reduce costs. Those yahoo’s are completely out of touch. Maybe we’ll do that while learning to code (I know how to code, too)
9 people like this.
Reply 22 - Posted by:
broken01 10/14/2021 9:36:58 PM (No. 945846)
Creepy Sleepy Gropey Sloppy Joe- Guys I know that I’ve called you a bunch of rotten names and basically tried to destroy you but here’s the deal. Due to my own stupidity gas prices are through the roof. I need your help.
Oil Companies- Let’s Go Brandon!
9 people like this.
Reply 23 - Posted by:
Proud Texan 10/14/2021 9:44:50 PM (No. 945854)
I work for the oil and gas industry.
Let's go, Brandon!
8 people like this.
Reply 24 - Posted by:
subal 10/14/2021 10:27:07 PM (No. 945897)
Under Trump, we were a petroleum exporter!
9 people like this.
Reply 25 - Posted by:
Sandbar 10/14/2021 10:30:53 PM (No. 945900)
He stops new leases on public land, he stops new drilling on public land, he stops pipelines here while giving USA approval for Russian pipelines to Europe and now he asks the industry to bail him out? Let's go Brandon!
12 people like this.
How?
Let’s go Brandon.
3 people like this.
Looks like grabbing his ankles for the Saudis didn't work. He doesn't have the special touch with them that Obowmao did. Lean forward.
1 person likes this.
Oil companies respond: “Let’s go Brandon!”
2 people like this.
Reply 29 - Posted by:
qr4j 10/14/2021 11:15:55 PM (No. 945929)
Team Biden screwed over the oil industry -- ending all sorts of oil activity that made the USA oil independent. why should that same industry lift a finger to help "Let's go, Brandon!"?
3 people like this.
Reply 30 - Posted by:
Heraclitus 10/14/2021 11:20:10 PM (No. 945934)
Dittos, OP.
In addition to the obvious uses for petroleum are the petroleum by-products which are used in almost everything we use, from cosmetics and simple "Vaseline" an ointment useful for many things including as a wound cover, to medical equipment, sports gear, entertainment, art supplies, clothing on and on. I will never forget hearing most of the long list when Rush enlightened us to it.
We have a gaggle of pompous arses ruling over us, people with no practical wisdom or understanding.
And watch out! they think they can run everything from the center, the old "command-and-control" soviet-style routing which ALWAYS fails. I would rather trust in the invisible hand of a free market economy.
Two possible reasons for why the overseers are driving us over the cliff: stupidity, arrogance, ignorance; OR malevolence, sheer evil.
3 people like this.
Reply 31 - Posted by:
pensom2 10/15/2021 12:29:16 AM (No. 945958)
When Americans and illegal aliens in the northeast start dying this winter, you know what Brandon will do--he'll order that the Strategic Oil Reserve be tapped to cover the misery his policies and executive orders created. The media will be calling him a hero. And he'll believe it.
1 person likes this.
Reply 32 - Posted by:
Calico Al 10/15/2021 2:26:36 AM (No. 946003)
The oil guys should demand Joe reinstall the Trump oil policies or no deal.
1 person likes this.
Reply 33 - Posted by:
mifla 10/15/2021 5:18:22 AM (No. 946071)
You created the problem, Joe.
1 person likes this.
Reply 34 - Posted by:
Kumoan 10/15/2021 1:12:05 PM (No. 946566)
Dear Oil Companies:
Don't forget 10% for the big guy.
1 person likes this.
Reply 35 - Posted by:
Hazymac 10/15/2021 5:11:32 PM (No. 946832)
He, Xiden, who shat like Jonathan Swift's Wahoos on the oil companies, now expects them to do something keep his stupid derrière out of the proverbial wringer. The nerve of him. I think he needs to hear a lot more Brandoning. Sass the lamebrain 'til he pops in public. Scroom.
0 people like this.
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Drooly Joe goes hat in hand to beg for help from the industry he has spent the last 50 years vilifying. GFY, Lunch Bucket.