Post New Article

Basic Truths About Oil

Original Article

Posted By: ladydawgfan, 3/14/2022 7:24:13 AM

In 2020, President Joe Biden declared war on oil and gas in America. In a Democratic primary debate, Biden declared, “No more subsidies for the fossil fuel industry. No more drilling including offshore. No ability for the oil industry to continue to drill, period. It ends.” High gas prices are all part of his plan. The other day, Biden declared that there was nothing his administration had done to raise prices or restrict drilling. Actually, there have been plenty of regulatory measures taken and offshore leases curtailed. More importantly, Biden declared war on fossil fuels. If you were an investor, would you invest in a company

Comments:

I have yet to read an article that mentions that petroleum is not just used for gasoline in our daily lives. Where are the articles mentioning that petroleum is also used in plastics, rubber, medicines, toothpaste, shampoo, lotions, Vaseline, road asphalt, etc. I have a list with over 3400 items on it that are petroleum-based but are NOT gasoline!! Shutting down petroleum affects every aspect of our lives, not just what we put in our cars!!

Post Reply

Reply 1 - Posted by: Rich323 3/14/2022 7:56:30 AM (No. 1099497)
Those Tesla’s will look great running on granite tires or steel tires since rubber will be impossible to manufacture without OIL.
13 people like this.

Reply 2 - Posted by: Clinger 3/14/2022 8:06:39 AM (No. 1099513)
In the same week I believe with two days of each other Jen the Red told us that opening up the Keystone would have no immediate impact on gas prices because it wouldn't immediately flow oil. Then Joe Biden claimed that the spike in prices was triggered by Putin's build up on the border before the invasion. Won't someone please ask the esteemed Ms. Psaki in the next propaganda session if future expectations as manifest in futures contracts do or do not have a near term effect?
8 people like this.

Reply 3 - Posted by: JunkYardDog 3/14/2022 8:08:17 AM (No. 1099518)
OP makes excellent points. So many products depend upon petroleum byproducts that life as we know it today simply would not exist. The ones in charge of the Green Energy boondoggle are all hippy treehugging Gaia worshippers who would prefer the human race was extinct. So, you know, the planet could heal and could live happily ever after. The End.
10 people like this.

Reply 4 - Posted by: wilarrbie 3/14/2022 8:46:08 AM (No. 1099573)
I keep wondering what they will do with all our gas guzzlers as more electrics come on line. Once the chips backlog is eased, used cars $ will come down - and soon you won't be able to get $40 for your trade-in. They already did Cash For Clunkers - what next?
6 people like this.

Reply 5 - Posted by: Venturer 3/14/2022 9:08:13 AM (No. 1099599)
This is Biden speaking for Obama.
5 people like this.

Reply 6 - Posted by: rikkitikki 3/14/2022 9:13:31 AM (No. 1099610)
Erickson's reasoning is absurd...because there is not enough potential in offshore drilling, and its actual production result so speculative and delayed into the future, that Bush's announcement was purely coincidental, not causative. In opposition to Erickson's main point, there simply are no futures traders who are stupid enough to believe that a presidential order to allow offshore drilling would materially impact oil production, and therefore prices, within the next ten years...which is the cycle time between an oil company's decision to consider new prospects, generating those prospects, getting leases, contracting a rig, drilling the prospect, throwing away the dry holes, drilling development wells, construction a production platform, and then putting the discovery on production. The process is infinitely more complicated, expensive, and risky, than driving a T-post into your back yard. Consider the following list of actual disruptions to international oil markets (not some speculative event 10 years into the future): In February 2008 Venezuela cut off oil sales to ExxonMobil during a legal battle over nationalization of the company’s properties there. Production from Iraqi oil fields, of course, had still not recovered from wartime damage, and in late March saboteurs blew up the two main oil export pipelines in the south—cutting about 300,000 barrels per day from Iraqi exports. On April 25, Nigerian union workers went out on strike, causing ExxonMobil to shut in production of 780,000 barrels per day from three fields. Two days later, on April 27, Scottish oil workers walked off the job, leading to closure of the North Forties pipeline that carries about half of the United Kingdom’s North Sea oil production. As of May 1, about 1.36 million barrels per day of Nigerian production was shut in due to a combination of militant attacks on oil facilities, sabotage, and labor strife. At the same time, it was reported that Mexican oil exports (tenth largest in the world) had fallen sharply in April due to rapid decline in the country’s massive Cantarell oil field. On June 19, militant attacks in Nigeria caused Shell to shut in an additional 225,000 barrels per day. On June 20, just days before the price of oil reached its historic peak, Nigerian protesters blew up a pipeline that forced Chevron to shut in 125,000 barrels per day. https://www.resources.org/common-resources/the-2008-oil-price-shock-markets-or-mayhem/
3 people like this.

Reply 7 - Posted by: MDConservative 3/14/2022 9:53:26 AM (No. 1099661)
#6, there are plenty of productive wells that were capped or left untapped when American oil prices fell in 2020 to unprofitable levels as low as $20/bbl, well below the $50/bbl general breakeven. They largely remain inactive. Price volatility is a major factor for owners/investors. They've seen busts before. What happens to them when Russian oil comes back on line and the market is awash to pay Putin's war bills? It's all happened before.
2 people like this.

Reply 8 - Posted by: Grateful 3/14/2022 10:36:53 AM (No. 1099717)
Lying Joe firmly believes that everyone is as dumb as him. We have seen perfect the lying thing for nearly 50 years.
5 people like this.

Reply 9 - Posted by: smokincol 3/14/2022 10:49:41 AM (No. 1099732)
yah, the basic truth about oil is this: everybody needs it and the politicians control it, that's the problem
7 people like this.

Reply 10 - Posted by: ChattyCatsSusan 3/14/2022 12:31:08 PM (No. 1099854)
OP is right, but I would be willing to wager that they don't write the articles, because they do not know about this reality. I didn't really either until the late great Rush Limbaugh talked about it on his show one day several years ago. This isn't just about the ability to drive, this is also going to kill 10's of thousands of jobs that depend on those byproducts that come from processed oil. The stupidity of democrats, especially Biden, is just staggering.
6 people like this.

Reply 11 - Posted by: rytwng 3/14/2022 3:16:58 PM (No. 1099987)
Brandon doesn't know how many products require oil.
4 people like this.

Below, you will find ...
Most Recent Articles posted by "ladydawgfan"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by ladydawgfan"
Tiresome ESPN Announcers Observe Moment
of Silence in Solidarity With LGBTQ+ Disney Colleagues
16 replies
Posted by ladydawgfan 3/20/2022 5:28:17 AM Post Reply
Imagining that sports fans agree kindergarteners should be taught about exotic sexual proclivities in the classroom, several ESPN moralizers observed a “moment of silence” during live broadcasts on Friday. At the start of the second half of an NCAA Women’s Tournament game, sportscasters Carolyn Peck and Courtney Lyle took a break from describing the game to preach at viewers about politics. “Normally at this time, we would take a look back at the first half,” began Lyle. “But there are things bigger than basketball that need to be addressed at this time. Our friends, our family, our co-workers, the players and coaches in our community are hurting right now,” she claimed.
To Hell with These Leftists 8 replies
Posted by ladydawgfan 3/20/2022 5:20:26 AM Post Reply
You probably shouldn’t write while pizzed off, but I don’t really have the luxury to wait. I also doubt there will be any time before my deadline when these complete jackarses on the left aren’t doing something so worthless I wouldn’t revel in seeing them dive into a swimming pool only to discover there’s no water in it. They’ve turned me, and I’d guess one hell of a lot of other people, into people who literally can’t stand anything they’re pushing. I honestly couldn’t care less about someone’s sexuality, never really gave a damn about it. As such, I have a lot of friends who happen to be gay.
The Disturbing Details About Biden's SCOTUS
Pick Just Keep on Coming
12 replies
Posted by ladydawgfan 3/17/2022 1:44:24 PM Post Reply
Joe Biden’s Supreme Court nominee, Ketanji Brown Jackson, was briefly hailed (by some) as a consensus nominee that even some Republicans could support. I’m starting to think that Republican support will be much harder to get than Biden had hoped. Last month, we learned that in 1996, Jackson wrote a “Note” for the Harvard Law Review arguing that convicted sex offenders were treated “unfairly” in the courts. Earlier this week, her past work advocating on behalf of Guantánamo Bay terrorists also became an issue that will undoubtedly come up during her confirmation hearings. Completing the trifecta of disturbing aspects of Ketanji Brown Jackson’s radical record
Not Fast (Enough) Food: Roadkill App Lets
You Source Your Supper From a Blacktop Buffet
9 replies
Posted by ladydawgfan 3/16/2022 12:41:51 PM Post Reply
There you are — on the highway in a hurry. Suddenly, a sloppy sight means your plans are impeded by a pause: That rotting armadillo in the emergency lane would sure be scrumptious as a stew. Should you stop, or is that selfish? Is leaving it for the next driver the Christian thing to do? Perhaps now, you can feel a little fairer in your claiming of the carcass: There’s an app for that. At least, that is, if you’re hungry at the wheel in Wyoming. As reported by The Associated Press, The Suffrage State’s launched a phone app letting drivers put dibs on dashed-line dinner.
Radical Democrat PAC to File Complaint
with FEC Against President Trump for Not
Formally Announcing His 2024 Run
12 replies
Posted by ladydawgfan 3/16/2022 2:13:21 AM Post Reply
More abuse from the crazy left. A Democrat PAC is accusing President Trump of breaking Federal Election Commission (FEC) finance laws because the President has not yet announced whether he will run in 2024. Human Events reports: Democratic super PAC American Bridge accused Trump of breaking campaign finance laws on Monday because he hasn’t yet formally announced whether he will run in 2024. The group told the New York Times that it is filing a formal complaint with the Federal Election Commission and using Trump’s own words in the complaint, The Hill reports. “He should have to adhere to the law in a way that all other candidates do,”
U.S. Average Gas Prices Soar 22% in Two
Weeks to Record $4.43 Per Gallon
13 replies
Posted by ladydawgfan 3/14/2022 7:58:00 AM Post Reply
Up, up and you pay. The average U.S. price for regular-grade gasoline at the pump soared a whopping 79 cents over the past two weeks to hit a record $4.43 per gallon on Sunday. That exceeds by 32 cents the prior all-time high of $4.11 set in July 2008, AP reports. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the new price is still some way from the inflation-adjusted record high of about $5.24 per gallon. The price at the pump is $1.54 higher than it was a year ago, with plenty of consumers pointing directly at President Joe Biden and his policies.
Sen. Ed Markey: GOP’s ‘biggest lie’
is that drilling for more oil and gas
is the path to energy independence
55 replies
Posted by ladydawgfan 3/14/2022 7:46:04 AM Post Reply
Massachusetts Sen. Ed Markey, a Democrat, has claimed that, despite an abundance of evidence showing that “clean” energy is currently neither as reliable nor as efficient as traditional energy, America should invest in it right now instead of the latter. He made this bold but dubious assertion while delivering a speech this weekend at the Democrat National Committee’s winter meeting. “Republicans and their oil-soaked cronies … want to feed the American people one of the biggest lies of all – that drilling for more oil and more gas is the path to energy independence,” he said during his speech. “Republicans say that they have an all-of-the-above plan,
Basic Truths About Oil 11 replies
Posted by ladydawgfan 3/14/2022 7:24:13 AM Post Reply
In 2020, President Joe Biden declared war on oil and gas in America. In a Democratic primary debate, Biden declared, “No more subsidies for the fossil fuel industry. No more drilling including offshore. No ability for the oil industry to continue to drill, period. It ends.” High gas prices are all part of his plan. The other day, Biden declared that there was nothing his administration had done to raise prices or restrict drilling. Actually, there have been plenty of regulatory measures taken and offshore leases curtailed. More importantly, Biden declared war on fossil fuels. If you were an investor, would you invest in a company
Wait...That's How Long a Jan. 6 Defendant
Has Been Detained With No Indictment
7 replies
Posted by ladydawgfan 3/14/2022 12:27:00 AM Post Reply
We discussed this on the Triggered Podcast this week, but this can’t be legal. This sounds like something out of North Korea, Hussein’s Iraq, or Castro’s Cuba. We have a person detained for nearly 90 days without an indictment. Why? Well, this person was around the Capitol Building during the January 6 riot. Leslie McAdoo Gordon of Redstate, who served as a special agent for the Department of Defense Investigative Service and is now an attorney, detailed this sordid tale of prosecutorial misconduct. Being an attorney who has gone through the motions involving cases at the federal level,
Now Beto O’Rourke Says He Will Buy Back
Texans’ AR-15s
30 replies
Posted by ladydawgfan 3/14/2022 12:23:31 AM Post Reply
The shifting sands of Democrat gubernatorial candidate Beto O’Rourke’s gun control plans have solidified, for now, into a pledge to buy back AR-15s and AK-47s from Texans if the state legislature will support doing it. O’Rourke spoke with Texas Tribune CEO Evan Smith on Saturday and KVUE reported O’Rourke’s comments. Smith asked O’Rourke to clarify his position on confiscatory gun control. O’Rourke stressed his belief that citizens should not be able to buy a AR-15s, then said: “And if I can find the consensus within the Legislature to have a law in the state of Texas that allows us to buy those AK-47s and AR-15s back, we will.
Putin Isn’t the One Who Banned U.S.
Offshore Oil Drilling
8 replies
Posted by ladydawgfan 3/13/2022 3:37:14 AM Post Reply
"Number one, no more subsidies for fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill, period, ends, number one." (Candidate Joe Biden, Democratic Presidential debates, March 15, 2020.) Well, whatever else we might say about Biden, we can’t say he fudged on that campaign pledge. One consequential calamity stares us in the face every time we pump gas. One calamity Greenies often trumpet in support of Biden’s Green New Deal is the BP oil spill off the Louisiana coast in April, 2010. For those who only remember the hysterical headlines of the time,
Elon Musk's Space X Might Need to Rescue
an American Astronaut Stranded by Russia
9 replies
Posted by ladydawgfan 3/13/2022 3:05:20 AM Post Reply
Mr. Elon Musk, it looks like America and one of her astronauts aboard the International Space Station might need you. You know, the place where your space capsules have gone to a number of times, and have allowed the United States to not depend on the Russians for a lift up and back home. Yeah, that place. In what can only be described as living proof that a mess on Earth can leak into space, it seems that the Putin World Tour of ticking off everyone on the ground (except China, Iran, North Korea, and Belarus) has made its way into the heavens. Approximately 254 miles up, anyway.
Most Active Articles (last 48 hours)
Millions of Americans will have their
medical debt WIPED from credit reports:
Equifax, Experian and TransUnion to strip
billions of dollars from record - allowing
people to get home and car loans previously denied
40 replies
Posted by Imright 3/19/2022 3:54:42 AM Post Reply
America's biggest credit-reporting firms announced they will strip tens of billions of dollars in medical debt from consumers’ credit reports starting this summer - an attempt at relief for the reported 23 million Americans whose credit has been marred by overdue medical costs, hampering their ability to buy homes and take loans.Equifax, Experian, and TransUnion - the world's three largest consumer credit reporting agencies - all announced Friday that they would collectively wipe 70 percent of a reported $195 billion deficit from their collection accounts, an amount that's likely surged since the start of the pandemic.The change specifically targets already paid debts still stuck in collections,
Kinzinger: Many ‘Will Move Heaven and
Earth to Ensure’ Trump Doesn’t Win 2024
35 replies
Posted by Imright 3/19/2022 4:03:12 AM Post Reply
Representative Adam Kinzinger (R-IL) said Thursday on CNN’s “Newsroom” that if former President Donald Trump got the Republican nomination for president in 2024, “many” people would “move heaven and earth to ensure he doesn’t win.”Discussing Trump, Sciutto said, “Final question if I can? You are among the names mentioned who might challenge him for the nomination in 2024, should he decide to run. It looks more and more like he will run, maybe Liz Cheney, perhaps Mike Pence. Do you believe there will be a competitive GOP primary that you will get the opportunity to do so?
Disney World apologizes for school’s
‘racist’ Indianettes performance
31 replies
Posted by Ribicon 3/19/2022 1:57:35 PM Post Reply
Walt Disney World has reportedly denounced a routine by a high school drill team that was accused of “racism” and borrowing from Native American stereotypes during a recent performance there. Video shot March 15 of the Port Neches-Groves High School Indianettes from Texas shows the all-women squad dressed in purple with white fringe as they march and dance—seemingly borrowing from Native culture—while also chanting, “Scalp ’em, Indians, scalp ’em.” The footage of the group, who were invited to perform in Orlando, sparked a backlash by Native American officials who called their act “dehumanizing.” “The live performance in our park did not reflect our core values,
Gay Kiss Restored in Pixar’s ‘Lightyear’
— Because of Staff’s Outrage at Florida
Don’t-Groom-Kids Bill
31 replies
Posted by Ribicon 3/19/2022 12:15:38 AM Post Reply
A same-sex kiss has been restored to the final cut of Pixar’s upcoming animated film Lightyear after LGBTQIA2S+ employees and their allies complained that Disney executives had censored “overtly gay affection” in the company’s films, according to a report by Variety. A source close to the production told Variety that Lightyear features a female lead who is in a relationship with another woman, and a kiss between the two characters had been cut from the film. The gay kiss was added back into the movie last week, following the outrage from a woke mob at Pixar Animation Studios.(Snip)Earlier this month, DeSantis debunked leftist falsehoods on the bill,
Alec Baldwin wants a court to prove he’s
not guilty of Halyna Hutchins’s death
29 replies
Posted by DW626 3/19/2022 7:25:29 AM Post Reply
“He affects unselfishness, but is in reality fanatically, even maniacally, self-centered.... He is childlike in his pursuit of pleasure, but shrewd and willful in his studied neglect of responsibility. His sensibilities are exquisitely tender, and yet he has a talent for causing pain...He professes universal tolerance and sweetness to all, though is willing to put his friends through shame, fear, and harm rather than see his own comfort threatened.” No, this quote does not refer to Alec Baldwin, apt though it may seem. It is drawn from an essay about Harold Skimpole, a character in Charles Dickens’ Bleak House.
DuckDuckGone? 24 replies
Posted by earlybird 3/19/2022 12:10:10 PM Post Reply
To some users, it feels like another Big Tech bait and switch. To others, it’s a case of getting half a loaf. But to many, it’s a betrayal of a principled promise. The search engine DuckDuckGo will now begin making judgments about the accuracy of the information produced by its search algorithms. As Breitbart reports in “Diet Google: DuckDuckGo Will ‘Down-Rank’ What It Decides Is ‘Disinformation,’”, the company’s CEO and founder, Gabriel Weinberg, posted a Twitter thread announcing that, as part of standing with Ukraine, the search engine had been rolling out search updates that down-rank sites associated with Russian disinformation.
Drought-stricken California imposes new
round of water cuts
24 replies
Posted by NorthernDog 3/19/2022 10:19:02 AM Post Reply
SACRAMENTO, Calif. — California's urban water users and farmers who rely on supplies from state reservoirs will get less than planned this year as fears of a third consecutive dry year become reality, state officials announced Friday. Water agencies that serve 27 million people and 750,000 acres (303,514 hectares) of farmland, will get just 5% of what they've requested this year from state supplies beyond what's needed for critical activities such as drinking and bathing. That's down from the 15% allocation state officials had announced in January, after a wet December fueled hopes of a lessening drought. But a wet winter
‘I Identify Her as First’: Social
Media Users Congratulate Emma Weyant for
Winning ‘First’ Instead of Lia Thomas
23 replies
Posted by Black Conservative Voice 3/19/2022 6:25:23 AM Post Reply
University of Virginia swimmer Emma Weyant won second place in the women’s 500-yard freestyle championships, losing to a man, Lia Thomas. Many viewers took to social media to congratulate Weyant for actually winning first place. A tweet by the University of Virginia (UVA) Swimming and Dive account, which congratulated Weyant — who attends UVA — for winning second place, “with the third-fastest time in UVA history.” Weyant also won a silver medal in last year’s Summer Olympics.
Exclusive: Senator Ron Johnson leads Republicans
asking when the 'corrupt' media, Twitter
and Facebook will be held to account for
taking a YEAR to 'acknowledge' the Hunter
Biden laptop story after dismissing it
as fake
23 replies
Posted by Imright 3/19/2022 3:59:21 AM Post Reply
Republican Senator Ron Johnson said Friday it is 'jaw-dropping' the media has 'finally acknowledged' that Hunter Biden's laptop and its content are legitimate - even though it was verified a year ago.The Wisconsin lawmaker, who was one of the first to investigate what was on the computer, has joined his GOP colleagues demanding accountability for those who dismissed the story as fake in the months before the 2020 general election.Many in his party are now also calling for Meta and Twitter to be investigated for removing or reducing the distribution of stories when they were first published a year ago
White House Feed *Cut* After Biden Confronted
on Call with Xi Jinping – The Look On
Biden's Face Speaks Volumes (Video)
22 replies
Posted by Black Conservative Voice 3/19/2022 3:42:01 PM Post Reply
The White House nonetheless released a readout of Biden’s call with Xi Jinping and they tried to look tough. President Joseph R. Biden, Jr. spoke today with President Xi Jinping of the People’s Republic of China (PRC). The conversation focused on Russia’s unprovoked invasion of Ukraine. President Biden outlined the views of the United States and our Allies and partners on this crisis.
The New York Times Signals the End of
Biden's Road
19 replies
Posted by Judy W. 3/20/2022 7:14:36 AM Post Reply
In October 2020, prior to the election, Hunter Biden’s laptop was left unclaimed at a repair shop and turned over to the FBI. Yaacov Aplebaum has covered at length the Biden family corruption, their crooked international dealings, pornographic images of Hunter and others, evidence of Hunter’s drug use and the coverup of his and the Biden family’s corruption which he found on the laptop and elsewhere on the internet. (Warning, images in these reports are not for the faint-hearted.) The New York Post, without all these sordid details and photographs, reported the story in that same month before the election. But in the face of widespread denial the story got
U.K. COVID cases are rising. Health officials
are watching to see if the U.S. is next
19 replies
Posted by Dreadnought 3/19/2022 7:48:22 PM Post Reply
U.S. health officials are watching the climb in COVID case numbers in the U.K. with concern. Daily case counts there have more than doubled, and hospitalizations are on the upswing. "Over the last year or so, what happens in the U.K. usually happens here a few weeks later," Dr. Anthony Fauci, the President's chief medical advisor said in an interview with NPR. "And right now, the U.K. is seeing somewhat of a rebound in cases." Officials in the U.K. attribute the increase to the quick-spreading BA.2 omicron subvariant, the widespread removal of COVID restrictions, and to waning immunity from vaccinations and infections.
Post New Article