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Not their problem
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Replies: 34  

Not their problem

emoji_events [5]
Nov 5, 2021, 2:33 PM
Reply

This from an administration that’s tried to stick their nose in almost every aspect of the private sector and people’s lives.

Similarly, gas prices are all OPEC and Russia’s fault. Biden’s energy policies have nothing to do with it.

Oh and we already know the border problem is Trump’s fault…

https://www.realclearpolitics.com/video/2021/10/31/commerce_sec_gina_raimondo_will_christmas_gifts_be_delivered_on_time_call_fedex.html


https://mobile.twitter.com/ShellenbergerMD/status/1456625385110601730

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Re: Not their problem

emoji_events [5]
Nov 5, 2021, 2:35 PM
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buying gas from the middle east and Russia is better for the planet than making it here.

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Re: Not their problem


Nov 5, 2021, 4:47 PM
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We get something like 15% of our oil from the Persian Gulf. And yes, it can be cheaper to buy it abroad at times. It depends on the price per barrel. They extract it cheaper in many countries and it ends up being cheaper to buy it at times. We also have a finite supply of oil in the US. Our reserves aren't that great in comparison. The markets fluctuate. Remember back in the day when all the wells in Texas were getting shutdown. They couldn't give those things away. Then price of oil went up to 85 per barrel or something close and Texas boomed again in the late 90's I believe.

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Re: Not their problem

[1]
Nov 5, 2021, 10:35 PM
Reply

Then why is Brandon on his hands and knees in front of them?

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Re: Not their problem

[1]
Nov 6, 2021, 6:49 PM
Reply

You people can talk yourself into anything.

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Re: Not their problem


Nov 5, 2021, 4:31 PM
Reply

What has a bigger effect on the price of gas than OPEC deciding how much they want to pump? I'll wait.

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US producers not pumping

[3]
Nov 5, 2021, 4:43 PM
Reply



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Re: US producers not pumping


Nov 5, 2021, 10:20 PM
Reply

US producers are not pumping?

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Re: US producers not pumping


Nov 6, 2021, 3:02 PM
Reply

As expected, no replies. Happens a lot when you directly confront "them". LOL

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Re: US producers not pumping

[2]
Nov 6, 2021, 6:59 PM
Reply

Biden not responsible for gas prices.
Biden not responsible for firing people needed to run the country.
Biden not responsible for inflation.
Biden not responsible for dead US soldiers when pulling out of Afghanistan
Biden not responsible for millions of workers staying home getting paid to not work
Biden not responsible for China nudging closer and closer to Taiwan
Biden not responsible for Hunter selling artwork to Chinese and Russian influencers
Biden not responsible for Russia's development of hypersonic capabilities that we can't defend
Biden not responsible for the worst illegal immigration situation ever
Biden not responsible for beatdown of shoe-in McAuliffe in VA after campaigning for him

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Who's getting paid not to work?

[1]
Nov 7, 2021, 12:16 AM
Reply

Sign me up!

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Re: US producers not pumping


Nov 7, 2021, 12:47 PM
Reply

I see you got NADA.




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Relative to past productions levels no.

[2]
Nov 6, 2021, 11:13 PM
Reply

But that wasn't your original question sweet heart.

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Re: Relative to past productions levels no.

[2]
Nov 7, 2021, 6:59 AM
Reply

As expected, no replies. Happens a lot when you directly confront "them". LOL

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Re: Relative to past productions levels no.


Nov 7, 2021, 12:44 PM
Reply

Show us where the POTUS has control of oil prices. I'll wait for you to either ignore, deflect, or fail miserably.



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Re: Relative to past productions levels no.

[1]
Nov 7, 2021, 8:28 PM
Reply

https://www.forbes.com/sites/rrapier/2021/01/29/how-president-bidens-executive-orders-impact-the-oil-industry/




It’s funny at the end of the article it states that rising gas prices has nothing to do with any of these things, but indeed they have impacted them greatly!
Gas has did nothing but increase since the meat puppet put pen to paper. But hey Joe and hunter like taking care of their Middle East buddies by lining their pockets!

It’s not only sad that you guys are sheep, but sheep who elect to put on a “surprise blindfold” before you get pushed into the meat grinder!

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Re: Relative to past productions levels no.


Nov 7, 2021, 9:06 PM
Reply

From your link.

"She said that the bottom line is the bark was worse than the bite: “The headline looks scary, but we don’t see any immediate impact from these executive orders.”

LOLOLOLOLOLOLOLOL

2022 white level member flag link

Re: Relative to past productions levels no.

[1]
Nov 7, 2021, 9:23 PM
Reply

The immediate impact was that OPEC cut production. I mean, if the US is ultimately going to cut supply from what was being drilled on federal property, why wouldn't OPEC then cut supply?

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Re: Relative to past productions levels no.


Nov 7, 2021, 10:23 PM
Reply

How much you paying per gallon, Bermie Bro? Seeing any 'immediate impact' on how much it costs to fill up your moped?

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hahahaha - never said POTUS controls the price of oil

[1]
Nov 8, 2021, 9:02 AM
Reply

b/c he doesn't...



speaking of deflection though...let's get back on topic, mmk pumpkin?

You said: "What has a bigger effect on the price of gas than OPEC deciding how much they want to pump? I'll wait."

I said: "US producers not pumping"

since you haven't been able to talk to this point, which is the origination of our discussion, it sounds like you're conceding this point and we're in alignment. good bot.

now go back to stirring up #### elsewhere like a good little bot



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curious why you didn't participate in these

[1]
Nov 8, 2021, 9:12 AM
Reply

https://www.tigernet.com/clemson-forum/message/this-makes-zero-sense-to-me-29259702


https://www.tigernet.com/clemson-forum/message/these-types-of-presses-from-xiden-38;-co-29649550#29649550


your algos over look threads regarding factual conversations that lack the emotional "stirring of the pot" so to say?

I'll wait for you to either ignore, deflect, or fail miserably.



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Re: hahahaha - never said POTUS controls the price of oil


Nov 8, 2021, 5:15 PM
Reply

https://www.investopedia.com/articles/economics/08/crude-and-gas-prices.asp

OPEC's Impact on Oil
One body has great influence over the worldwide price of oil. The Organization of Petroleum Exporting Countries, more commonly known as OPEC, is a cartel made up of 13 of the world's biggest oil-producing nations, including all of the major Middle Eastern states, Venezuela, and Nigeria. According to OPEC, this cartel controls 78% of the world's known oil reserves.4 The major oil producers not in OPEC include Russia, Canada, and the U.S.117

Since the OPEC nations produce so much of the world's oil supply, they can manipulate the price per barrel depending upon how many barrels per day the group will sell on the world oil market. If the group wants the price to rise in order to make more money, they can reduce the amount of oil contributed to the world market. And if they want the price to dip—high energy prices drive down demand from OPEC's consumers—they can release more barrels to the market.

While Canada, Russia, America, and other producers can also increase supply, they cannot affect world prices nearly as much as OPEC.



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Re: hahahaha - never said POTUS controls the price of oil


Nov 8, 2021, 10:39 PM
Reply

I’m guessing you are illiterate. Joe himself and or administration signed these policies. What part of that do you not understand?

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Re: hahahaha - never said POTUS controls the price of oil


Nov 9, 2021, 6:55 AM
Reply

Joe signed a policy that allowed OPEC to control the price of oil? You guys keep deflecting from my original point cause I pushing your chit in.

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ohhhhhh snap!! Not the Investopedia google search


Nov 9, 2021, 10:36 AM
Reply

total BURNNNNNNN

I never argued that Opec didn't control most of the reserves. I also didn't argue that Opec has a significant market share. My argument, in fact, is that American producers can sway the price of oil globally. Which we have done...twice now, matter of fact. One to our benefit, one to the Arabs' benefit.

Here's some links with some pretty pictures for you...

Follow this link to the CL tape over time:
https://www.macrotrends.net/1369/crude-oil-price-history-chart


Price peaked around 2008 (hmm...that's weird...weren't we having some other massive deflationary issue going on with the global financial system around this time?)

Follow this link to see US output over time:
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m

US production starting mooning around 2010. This allowed for the oil markets to find an equilibrium at a price point that was much more favorable to the consumers.

Most importantly, we created competition in the market which forced Opec to start playing games b/c them mofos were scared. They over supplied the market in 2014 in an attempt to price out American producers - that was a gain for us as consumers.

Not sure how educated you are in economics, or in general, but a competitive marketplace - especially for ####### commodities - naturally breeds a lower market equilibrium.

Removing a key player - US oil producers - from the market landscape drive Opec to a position of more monopolistic power and, in turn, more ability to control the market.

Since you like investopedia so much



lol - sorry, investopedia doesn't cover this.

Ok...maybe here's some intro slides for your window licking 101 class: https://www.investopedia.com/terms/g/gametheory.asp


Those ############# were so spooked by American influence, they formed Opec+ in 2016. They knew that if they continued to operate in the original framework (where it was Opec and Russia), that American supply influences would cause prices to plummet (which it did) b/c these ######## operate in a manner to stifle their competition due to pre-disposed beliefs like yours that they run this #### (which they now again do thanks to US policy).

If you'd like to know how to actually model this, and/or understand the math behind it, you can swim your happy ### back over here in the deep end to continue your education. If not, look up a sick burn and another gif to try and stir the pot.

I read an investor report from Morgan Stanley, citing the issues in our oil market. The issue, as I posted in a link above, is the decline of US investment dollars in oil production. We're down to roughly $350B a year (2014, for example, saw ~$750B / year in investment). This is putting us on a course where we reach peak supply before we reach peak demand. What does this mean?

Go to window licker trade.net, find oil, press buy. I've been long oil since the Keystone closure, and I tripled my position when I made my post that none of this makes sense to me.

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Re: ohhhhhh snap!! Not the Investopedia google search


Nov 9, 2021, 10:59 AM
Reply

LOL. My original question that YOU responded to was

"What has a bigger effect on the price of gas than OPEC deciding how much they want to pump? "

You have yet to prove that the US has a bigger effect on the price of oil than OPEC. Sorry, Baw. And one of the main drivers of that is not only does OPEC have more reserves, but they can pump much cheaper than the US can frack. If they increase production and flood the market, US producers shut down cause they lose money when the price/barrel drops. Economics dude.

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from a micro economics perspective


Nov 9, 2021, 12:42 PM
Reply

I agree. Our $ / bbl price point to maintain profitability is higher than that of our Arab enemies...wait, now our friends?

At a macro level, removing our supply as a key competitor in this marketplace allows Opec+ to create more drastic, unfavorable price equilibriums. Removing us from this model gives Opec+ the power, is my entire point. Monopolistic, and even worse - duopolistic scenarios with collusion, are the least favorable scenarios from a pricing stand point.

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Re: ohhhhhh snap!! Not the Investopedia google search


Nov 9, 2021, 7:19 PM
Reply


total BURNNNNNNN

I never argued that Opec didn't control most of the reserves. I also didn't argue that Opec has a significant market share. My argument, in fact, is that American producers can sway the price of oil globally. Which we have done...twice now, matter of fact. One to our benefit, one to the Arabs' benefit.

Here's some links with some pretty pictures for you...

Follow this link to the CL tape over time:
https://www.macrotrends.net/1369/crude-oil-price-history-chart


Price peaked around 2008 (hmm...that's weird...weren't we having some other massive deflationary issue going on with the global financial system around this time?)

Follow this link to see US output over time:
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m

US production starting mooning around 2010. This allowed for the oil markets to find an equilibrium at a price point that was much more favorable to the consumers.

Most importantly, we created competition in the market which forced Opec to start playing games b/c them mofos were scared. They over supplied the market in 2014 in an attempt to price out American producers - that was a gain for us as consumers.

Not sure how educated you are in economics, or in general, but a competitive marketplace - especially for ####### commodities - naturally breeds a lower market equilibrium.

Removing a key player - US oil producers - from the market landscape drive Opec to a position of more monopolistic power and, in turn, more ability to control the market.

Since you like investopedia so much



lol - sorry, investopedia doesn't cover this.

Ok...maybe here's some intro slides for your window licking 101 class: https://www.investopedia.com/terms/g/gametheory.asp


Those ############# were so spooked by American influence, they formed Opec+ in 2016. They knew that if they continued to operate in the original framework (where it was Opec and Russia), that American supply influences would cause prices to plummet (which it did) b/c these ######## operate in a manner to stifle their competition due to pre-disposed beliefs like yours that they run this #### (which they now again do thanks to US policy).

If you'd like to know how to actually model this, and/or understand the math behind it, you can swim your happy ### back over here in the deep end to continue your education. If not, look up a sick burn and another gif to try and stir the pot.

I read an investor report from Morgan Stanley, citing the issues in our oil market. The issue, as I posted in a link above, is the decline of US investment dollars in oil production. We're down to roughly $350B a year (2014, for example, saw ~$750B / year in investment). This is putting us on a course where we reach peak supply before we reach peak demand. What does this mean?

Go to window licker trade.net, find oil, press buy. I've been long oil since the Keystone closure, and I tripled my position when I made my post that none of this makes sense to me.


There is no point, this is beyond their comprehension.

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Re: ohhhhhh snap!! Not the Investopedia google search


Nov 9, 2021, 7:51 PM
Reply

Show me who has greater control over the price of oil than OPEC. That was my original question that has yet to be answered.

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It's about time for BT to post a pic of his boyfriend***


Nov 9, 2021, 12:24 AM
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Re: Not their problem


Nov 8, 2021, 11:59 PM
Reply

leave that chinese crap on the shelf

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This stuff isn't rocket science...

[1]
Nov 9, 2021, 8:09 AM
Reply

In 2019 the USA reached energy independence for the first time since 1957. The reason we did so is because the US oil/energy companies were able to produce enough US domestic product to meet all domestic demand.

Let's compare US domestic oil field production through the first eight months (Jan - Aug) of 2019, 2020 and 2021. The reason for comparing the first eight months is because the domestic numbers for September and October 2021 have not been released yet and we don't want the additional months in 2019 and 2020 to skew the comparison.

January through August US Oil Field Domestic Production (in thousands of barrels) by year:
2019: 2.9 million
2020: 2.8 million
2021: 2.6 million

Our production through the first 8 months of 2021 have dropped significantly while domestic US demand has increased significantly from 2020 (where demand actually dropped due to the COVID lockdowns). If the US oil production cannot meet the local demand then we got to import it from somewhere and unfortunately most of the time that means OPEC.

Does the Biden regime set oil prices? Nope - the supply and demand market forces determine the prices. Can the Biden regime make policies that affect the supply of oil that US energy company's domestically produce and therefore affect the prices? ABSOLUTELY. Oil Companies have to plan in advance of where they are going to "pump the oil". The Biden regime's decision turn off of Federal land leases and non-renewal of existing leases to US oil company's means they will have search for other oil pastures - this takes time and will result in lower US oil production until they can find those lands. Further complicating matters is a whole bunch of new Biden regime environmental regulations thrown on top of US domestic drillers that further decreases drilling options and when they do find somewhere to drill increases the costs to get it out of the ground.

We also can't forget that drilling takes a significant capital investment. Combine the Biden regimes proposed $35 billion in new energy sector taxes in his "Build Back Better" monstrosity and his constant demonizing of the energy sector as a bunch of planet killing reprobates - they just ain't setting a framework that encourages investment capital into US domestic energy production.

Since the Biden regime is doing absolutely nothing policy wise to encourage domestic oil production, Joe has no choice but to import oil to meet the demand. So what does the Biden regime do? Why Joe goes hat in hand to OPEC to ask for increased oil production only to be given a big fat NO by Saudi Arabia and the rest of their OPEC friends. I'm sure that Saudi Arabia's surprise decision to not increase oil production has nothing to do with Joe's alienation of the Saudi's through his lack of support for the Abraham Accords, halting Saudi military aid, and killing the UAE arms deal that has emboldened Yemeni Houthis attacks on Saudi Arabia. There's just no way those issues could be connected...

So while the Biden regime does not directly set the price of energy/oil they can darn sure do things to affect the prices both positively and negatively. Right now without fail, the Biden regime's policies are all affecting oil/energy prices in one direction: higher prices for us consumers.

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Re: This stuff isn't rocket science...


Nov 9, 2021, 9:59 AM
Reply

What policies would you like to government to employ. So far, you haven't given any.

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Re: This stuff isn't rocket science...

[2]
Nov 9, 2021, 5:36 PM
Reply


What policies would you like to government to employ. So far, you haven't given any.




Read my post and it is rather obvious... but in simple terms: the opposite of what the Biden regime is doing...

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Re: This stuff isn't rocket science...


Nov 9, 2021, 5:58 PM
Reply

What policies would you like the government to employ?
It's easy to complain about something. It's much harder to have an actual solution.

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