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Everything posted by brenthutch
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Not according to SkyDekker.
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More like, “let’s take a path better than the one we are on” Do you really believe that governmental policies have no impact on gas prices?
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It’s worth it when Democrat economist, Steve Rattner, says that Joe Manchin saved the the Country from hyperinflation by stopping BBB. I have an unhealthy addiction to schadenfreude.
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Same can be said about BLM
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Where did anyone say “short term”? That said just signaling a change in future policies will have an immediate impact on the futures market. BTW Is it your position that government policies have no impact on gas prices?
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No, I mean Trump has been a major topic of discussion on Morning Joe EVERY SINGLE DAY for the last six years. Honestly I don’t know how they would fill their programming day without him.
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He has to be indicted, convicted and firmly ensconced behind bars. Only then will MSNBC cover something other than Trump 24/7
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1. conducting federal lease sales 2. completing a new five-year program for federal offshore leasing 3. supporting energy infrastructure, enabling rather than deterring the industry’s financing. 4. reopening access to Alaska.
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I should have known you would be triggered by, “Yet the overriding policy lately has been to cancel pipelines, block permits and deny leases — all things that discourage investment.”
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https://www.washingtoninformer.com/american-petroleum-institute-lays-out-solutions-to-rising-gas-prices/ Biden could do this tomorrow, instead of begging Saudi Arabia, Iran an Venezuela to boost production.
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nothing unusual
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If you won’t believe me, maybe you will believe Joe Biden https://wattsupwiththat.com/2022/06/13/bidens-war-on-oil-and-gas/
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Remember when you guys were laughing at the petroleum industry as the price of crude turned negative? Well who’s laughing now? ”The solution to low oil prices is low oil prices”
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As usual Democrat policies fail to achieve their aim. Rhetoric = reduced supply = record profits
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Increase crude oil price, increase demand reduce refining capacity = $5+ gas = Republican control of congress this fall
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You are leaving out the demand side of the equation. We are at or near full refining capacity with demand outpacing supply. What did you expect to happen? Isn’t this just what you lefties wanted? High prices for oil and gas ushering in a golden age of electric cars, windmills and solar panels?
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Who said the regulations were only recent? OTOH the current political environment has been toxic to fossil fuel, with members of the Biden administration expressing a desire to bankrupt the oil, gas and coal industries. If you can’t connect the dots, you are not as bright as I thought.
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“Is COVID the only reason why the U.S. is losing refining capacity? No. A combination of factors is responsible for the United States’ loss of refining capacity. Choices to convert or shutter refineries are made very carefully—factoring in present and projected future fuel demand, the political environment as well as facility locations and their individual market access. Political and financial pressure to move away from petroleum derived fuels, costs associated with federal and state regulatory compliance and facilities’ singular economic performance all inform these decisions” https://www.afpm.org/newsroom/blog/refining-capacity-101-what-understand-demanding-restarts
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“In Wirth's view, the U.S. won't ever build another refinery. That's because it's impractical for an energy company to consider building a refinery due to the current environment. Wirth said, "You're looking at committing capital 10 years out, that will need decades to offer a return for shareholders, in a policy environment where governments around the world are saying, 'We don't want these products to be used in the future.'" So even if a company like Chevron was willing to commit the time and capital to build a refinery, it doesn't make sense given the shift toward cleaner alternative energy.” https://www.fool.com/investing/2022/06/05/chevrons-ceo-says-no-more-us-oil-refineries-what-s/ policy/regulations? A distinction without a difference
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As Paul Harvey would say “And now, for the rest of the story” https://www.greencarcongress.com/2022/03/20220317-eiacoal.html “In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020, according to the US Energy Information Administration (EIA). Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal production that was exported rose to 15%.” So you see, it really doesn’t matter how much coal we burn in the US, we will continue to mine it, export it and it will be consumed elsewhere and our efforts will have ZERO impact on global emissions.
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You don’t seem to take exception when others modify my posts. That’s ok, it is just what I would expect in this leftie echo chamber.
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I just clarified what he was saying. Under the Ds fossil fuel is a dying energy source. When the Rs have input it is not. I was just stating the obvious.
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And that is why we will see a change in government in five months.
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The difference is due to the lack of refining capacity largely due to government over-regulation. https://www.bloomberg.com/news/articles/2022-05-13/gasoline-diesel-jet-fuel-refining-capacity-is-too-low-in-the-us-to-meet-demand