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110%er [9109]
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Correct me if I'm wrong, but the US has the ability to
Mar 8, 2022, 9:57 AM
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produce more of its own oil and grain, correct? I understand that it's not like turning a faucet and more oil comes out, or you tell farmers to harvest more and we have more, but we have the resources and potential to be independent, do we not? Haven't we been paying farmers subsidies NOT to grow wheat/grain?
It's good to see both left and right coming together on a ban of Russian oil. But the plans after that is where they differ. I and others are concerned that Biden will go to Venezuela and/or Iran - simply paying a different bad guy for things we could and should be able to do ourselves. I see no reason why we shouldn't permit the oil and farming industries to maximize their potential. It would give us independence so we don't have to worry as much about things like we're dealing with now, and we could export more as well. A win-win. Unless you have some interest in seeing the US do increased business with other nations....
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All-TigerNet [13116]
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Re: Correct me if I'm wrong, but the US has the ability to
Mar 8, 2022, 10:02 AM
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The goal is to make everyone in this country dependent upon the gov't for everything. Healthcare, transportation, food, and work. The new Socialist States of America. Hunger games, here we come.
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110%er [7013]
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Much of our grain production goes into ethanol fuel blends***
Mar 8, 2022, 10:14 AM
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Orange Blooded [4018]
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Re: Correct me if I'm wrong, but the US has the ability to
Mar 8, 2022, 10:19 AM
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It's expensive to frack. Oil has to be a certain price per barrel for it to be worth producing. The Saudi's know this a will flood the market with oil once the US invests into more drilling.
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Hall of Famer [24777]
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...and then the price will drop. Build new tanks, upgrade
Mar 8, 2022, 11:04 AM
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refineries, add some wells, etc... and give up being dependent on somebody else's politics/BS.
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All-TigerNet [13038]
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It's expensive and it creates large amounts of methane gas
Mar 8, 2022, 11:12 AM
[ in reply to Re: Correct me if I'm wrong, but the US has the ability to ] |
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which arguably leads to natural gas produced via fracking actually being worse for the environment than coal, despite being a clean-burning fuel. The methane pollution is probably an even larger deterrent than the cost.
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110%er [7131]
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Re: Correct me if I'm wrong, but the US has the ability to
Mar 8, 2022, 9:35 PM
[ in reply to Re: Correct me if I'm wrong, but the US has the ability to ] |
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You're right about the oil part. Getting oil via fracking is costly.
Getting nat gas via fracking is cheap. That's why the USA has become a nat-gas powerhouse since the onset of fracking (and with ever-more-effective and ever-less-costly fracking technical advances).
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All-In [34593]
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Oil prices are sold off futures. You dont cut your domestic
Mar 8, 2022, 10:24 AM
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production and stop production of pipelines. Keystone in itself could be finished in mere months, but just the continued construction of it brings down the price futures. All this zero emissions BS talk is just that, BS. But it raises the crude futures. And no oil company wants to start drilling if they cant move the oil.
All of Biden's talk of shutting down oil and gas has really hurt the American people. It's reflected in the rising prices since the day he took office. Of course, this is what the Dems want. Feel their pain.
Blessed are those who plant trees under whose shade they will never sit.
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Hall of Famer [24072]
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Re: Oil prices are sold off futures. You dont cut your domestic
Mar 8, 2022, 10:40 AM
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Why would OPEC produce more oil in the current environment? There is no incentive.
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All-In [34593]
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none***
Mar 8, 2022, 10:53 AM
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Orange Blooded [4018]
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All-In [34593]
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never said it wasnt***
Mar 8, 2022, 10:54 AM
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Orange Blooded [4018]
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Re: never said it wasnt***
Mar 8, 2022, 10:57 AM
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Then how does canceling phase 4 of the pipeline limit US production?
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Hall of Famer [24777]
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How about posting pics of your oil-burner auto.. Real retro!***
Mar 8, 2022, 11:07 AM
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Orange Blooded [4018]
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Re: How about posting pics of your oil-burner auto.. Real retro!***
Mar 8, 2022, 11:22 AM
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Since you jumped in on my question, maybe you can answer how canceling phase 4 of the Keystone pipeline limits US production.
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Hall of Famer [24777]
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It limits US refinery production. That's where it was headed***
Mar 8, 2022, 2:07 PM
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Orange Blooded [4018]
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Re: It limits US refinery production. That's where it was headed***
Mar 8, 2022, 5:04 PM
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So the current high gas prices is a refining issue and not a drilling issue?
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110%er [7131]
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Re: It limits US refinery production. That's where it was headed***
Mar 8, 2022, 9:44 PM
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Clever questions to trip up others BirminghamTiger®, but a smart guy like you knows that any limiting factor (whether from production and/or refining limitations) will lead to shortages and therefore higher prices. But you're playing the 'burn out the clock' game on those whose position on policy is stronger than your position.
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Orange Blooded [4018]
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Re: It limits US refinery production. That's where it was headed***
Mar 8, 2022, 10:53 PM
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Explain to us how the cancelation of phase 4 keystone has any effect at all on domestic production today. I'll wait.
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Hall of Famer [24072]
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Re: never said it wasnt***
Mar 8, 2022, 11:07 AM
[ in reply to Re: never said it wasnt*** ] |
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Cancelling the production of pipelines, limits the production of pipelines.
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All-In [34593]
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Orange Blooded [4018]
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Re: It affects the price, you ######-######***
Mar 8, 2022, 4:35 PM
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It doesn't increase domestic production at all, which is what the OP is about. Would you like to move the goal posts or just tap out?
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Hall of Famer [24072]
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Re: never said it wasnt***
Mar 8, 2022, 11:09 AM
[ in reply to never said it wasnt*** ] |
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Dude has Biden level reading
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110%er [7131]
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Re: Oil prices are sold off futures. You dont cut your domestic
Mar 8, 2022, 9:40 PM
[ in reply to Re: Oil prices are sold off futures. You dont cut your domestic ] |
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Keystone pipeline is for importing oil from a politically stable and friendly neighbor via highly secure means. If spill occurs on land, its a mess but not a catastrophe
No Keystone pipeline is for importing oil from unfriendly countries such as Venezuela and Iran. If spill occurs in the ocean, there's an environmental catastrophe.
Keystone pipeline is a winner.
The fallacy of a green energy utopia is becoming unraveled as we watch Germany embarrass itself via its Energiewende program.
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All-TigerNet [10891]
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Govt interference with trade is the path to destruction***
Mar 8, 2022, 10:55 AM
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All-TigerNet [13038]
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What is your preferred means of dealing with Russia?
Mar 8, 2022, 11:17 AM
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Outright war? Complete neutrality? Something else?
The clearest path to destruction is actually nuclear war and Russia still has mass quantities of nukes. Would Putin be insane enough to use them if he got into a full-blown war with NATO? Maybe not, but that doesn't seem like a position we would want to be in regardless.
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All-TigerNet [10891]
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Neutrality***
Mar 8, 2022, 4:52 PM
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All-In [31896]
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The federal government is not limiting the ability of....
Mar 8, 2022, 11:02 AM
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US oil companies to increase production.
It seems to be more about the oil companies getting material and labor to increase production; trying to maximize current profits; and still being uneasy on new investments due to oil prices tanking in 2020 due to COVID.
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All-In [47750]
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Orange Blooded [4018]
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Re: ANWR says "Hi!"
Mar 8, 2022, 11:36 AM
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Is that the only oil available to drill in this country? Please explain.
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All-In [31896]
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I think we should be drilling there...
Mar 8, 2022, 2:01 PM
[ in reply to ANWR says "Hi!" ] |
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but not drilling there, right now, isn't holding US oil companies from expanding production...right?
We're trying to return to 2019 production levels. We weren't drilling in ANWR under Trump/2019, so....
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All-In [34593]
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All-In [31896]
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Nope...right...
Mar 8, 2022, 9:36 PM
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As usual 
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All-In [46825]
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As a global society, we produce enough food to
Mar 8, 2022, 11:03 AM
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end world hunger many times over.
The reason we still have world hunger? Capitalism
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Oculus Spirit [79429]
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Do you actually believe this?***
Mar 8, 2022, 11:29 AM
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Hall of Famer [24477]
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I don't think so. FB is a smart guy, and a fun guy. He
Mar 8, 2022, 1:55 PM
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stirs the pot, usually in a fun way. Free market countries feed themselves and a bunch more, central planning countries tend not to. Looking at that can be a bit tricky, because (1) being a net importer of food doesn't mean the economy is not strong (how much food can Hong Kong actually grow?), and (2) food produced per farmer is more important than total food produced. IE, China has 20% of the world's population, so they better be growing some food.
In an actual serious discussion, we could discuss the fact that 'capitalism' and 'free market' are not the same thing. Heck, China is a totalitarian capitalist state, as is Russia. We are no longer a free market in many industries, but much closer than them. Both are doing better than they were when communist, but neither are anywhere near us, and we are nowhere near where we should be.
FB knows all this.
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110%er [7131]
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Re: As a global society, we produce enough food to
Mar 8, 2022, 9:50 PM
[ in reply to As a global society, we produce enough food to ] |
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You're correct FBCoachSC®.
Super rich guys like Bill Gates (and he's hardly the only one) are buying up enormous tracts of arable land, with the purpose of removing that food-growing capacity from the USA's agricultural sector. Capitalism.
Of course, socialism and communism will also get us to the same end result.
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All-TigerNet [13116]
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