Domestic oil production set to break records

Hawkeye10 said:
I got told today that 43 cents/gal of our very expensive Washington gas goes to a new state tax called Cap and Trade.....it is tied to the Save The Planet scam.....is programed to go way up from here.

I found this to be interesting.
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Is that what Trump told you? You know, the guy who suggested injecting disinfectant.
Or was it FoxNews. You know, the media source that paid a $787 million penalty for lying to its audience.

Of course you found it interesting. You're a MAGA moron. You're in the cult.
 
That info must have Trumptards running for the Toilet Paper and Handy-wipes! :laugh:

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So after the biggest decline in oil production during the trump administration, now we have a huge increase to record high levels.
 
Cypress said:
The scientists, engineers, and economists of the US Energy Information Administration are middle class civil service technocrats, with a long history of making reasonably credible short term projections of energy markets.

I'll tell you who is making shitty projections: your MAGA boyfriends who claimed Joe Biden is destroying domestic oil production.
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Joe Biden DID destroy a lot of domestic oil production, Sock.
 
Cypress said:
A lot of MAGA fat asses practically guaranteed me that Joe Biden was destroying domestic oil production.

Surprisingly, domestic oil production is actually headed for a record.
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Biden DID destroy a lot of domestic oil production. You can't make his executive order just disappear, Sock.
 
LV426 said:
And notice how the price per barrel isn't really changing that much, which isn't really leading to much cheaper gas at the pump?

Gee, it's almost as if there's some collection of oil producing nations that have all formed an alliance together to influence the price of oil on the global markets, where all oil is bought and sold....
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I already know you don't understand capitalism. There is no 'secret alliance'.
 
Walt said:
We will have the alt right arguing those are all lies... AGAIN. I swear, they are allergic to real debate.
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All the far right has is lies. Just look at FoxNews being sued for $787 million for lying to their audience. If the far right had to tell the truth, they'd lose every election.
 
Cypress said:
Based on Energy Department Data

Average domestic oil production during Trump=
10.98 mil. barrels/day

Average domestic oil production during Biden=
11.88 mil. barrels/day
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I recall more than one JPP MAGAT moron screeching when Biden killed the XL pipeline project. They actually claimed that it caused the price of gas to go up. This is how stupid these Trumpanzees are. It's easy to see why they constantly fall for whatever muck Fox is feeding them.
 
Joe Capitalist said:
All the far right has is lies. Just look at FoxNews being sued for $787 million for lying to their audience. If the far right had to tell the truth, they'd lose every election.
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Fox is facing a bigger suit now with Smartmatic. Rupert testified yesterday and it was very bad for the nutwork. He owned up to the lies. It is like Dominion, which they settled for about billion. This one will likely end up in Fox firing some more news crazies and forking over a larger amount. It will mean nothing to rightys.
 
ExpressLane said:
The Trump administration increased oil production by 146% (8.875 - 12.978 million) the Biden administration Has increase from 11.125 million to 11.90 million) that is 1.06% So they are short on the growth of production. So write us when the Biden administration has increased production by 146% to 16.266 million barrels a day.
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Nice try at shifting the goal posts.

As things grow and numbers get large, matching prior percentage growth simply stops being possible at a point. A new company growing from $1 revenue to $5 in a week just enjoyed 260% annualized growth. That same company doing $1B in sales and growing to $1.5B in a year only enjoyed 50% growth.

Comparatively you can call that the first one a bigger success, but only if you are dumb.

Fact is you guys thought Biden would be the death of O&G in America and he is growing the base production, from where he inherited it from Trump and STILL you complain.
 
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Hawkeye10 said:
I got told today that 43 cents/gal of our very expensive Washington gas goes to a new state tax called Cap and Trade.....it is tied to the Save The Planet scam.....is programed to go way up from here.

I found this to be interesting.
Click to expand...
Taxes on a gallon of gasoline include the retail costs at the pump (in Washington, there are federal, State, and county taxes for this), the taxes for drilling the crude (federal), and taxes for processing, and taxes for shipping stuff around.

For a typical station in King County, WA; total taxes come to about $1.05 per gallon. This includes the drilling tax of 18.5 cents, the production tax of 14 cents, the federal retail tax of 18.4 cents, the State retail tax of 49.4 cents, and the county tax of 4.94 cents.

Currently, Inslee is considering an additional tax of 46 cents/gal for cap and trade.

While Washington State currently has the highest State gas tax in the nation, the SDTC has the highest combined taxes per gallon, due to county and local taxes, in some places such as Los Angeles coming to $1.29 per gallon. Not to be outdone by Washington, King Newsom is also considering adding a hefty additional tax.

Meanwhile, in nearby Idaho, they have a State gas tax of 32 cents/gal and no county taxes, bringing that total to only $0.82 /gal, which is why Idaho fuel prices are lower than Washington.

Sources: federal and various State revenue departments, and State and county laws.
 
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