dukkha (09-02-2021), PostmodernProphet (09-02-2021)
Members banned from this thread: Phantasmal, Jade Dragon, Guno צְבִי, Poor Richard Saunders, Trumpet, BidenPresident and Hoosier Daddy |
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While everyone is “fixated” on Keystone XL & the federal leasing “pause,” a LOT more damage is in the works for domestic producers. Through the “back door” of the pending reconciliation process, the Biden Administration is busily working on two key items:
1.) Eliminating deductions for intangible drilling costs, depletion allowances & other tax “reforms” will choke off private investment
2.) Reclassifying produced water & drilling fluids as “hazardous waste.” Seems innocuous enough, but those initiatives will effectively put the domestic oil & gas industry OUT OF BUSINESS. All neatly tucked into a massive bill. Oh, cancelling leasing in ANWR and hiking federal lease royalty to 20% will be the icing on this cake.
If you think Afghanistan was a total clusterfuck, just wait for the shit shower from these incredibly short sighted & ill conceived energy policies…
https://www.scmp.com/comment/opinion...much-sense-hisBiden has done everything to obstruct US oil and gas producers in the name of fighting climate change – while imploring Saudi Arabia, Russia, and others to increase oil production to keep pump prices down.
Few would disagree with former US vice-president Mike Pence’s view that President Joe Biden’s botched withdrawal from Afghanistan “is a foreign-policy humiliation, unlike anything our country has endured since the Iran hostage crisis.”
In his memoir, Robert Gates, who served as defense secretary for the Obama administration, famously wrote that Biden “has been wrong on nearly every major foreign policy and national security issue over the past four decades”.
It would seem that the disaster in Afghanistan is only the latest blunder in a foreign policy record filled with them.
Over the past few days, the world has watched news clips of chaos at Kabul airport with civilians clinging to US military aircraft in a desperate attempt to escape retribution by the victorious Taliban.
US diplomats, stunned by the speed of the Afghan military’s capitulation to Taliban fighters, were reduced to imploring the militant leadership with financial aid and other incentives not to storm the US embassy in Kabul – the embassy which had flown the rainbow LGBT flag to mark Pride Month in June and showcase American commitment to “inclusivity”.
The full extent of the US debacle was revealed when the State Department admitted that the Biden administration “cannot ensure safe passage” for thousands of trapped Americans to travel to Kabul airport.
But the Biden administration suffered yet another humiliation earlier this month when Opec, the oil producers’ cartel, summarily rejected its request to release more oil to world markets.
Reuters quoted Opec sources as saying there was “no need to release extra oil more quickly”, and that there was “no concern that the planned schedule of increases would leave any demand unmet”.
US National Security Adviser Jake Sullivan had criticized big oil producers in Opec+, including Saudi Arabia and Russia, for what he said were “insufficient crude [oil] production levels”. “At a critical moment in the global recovery, this is simply not enough,” he said.
While this request was cast as a means of tempering oil prices to help global economic recovery, it is no secret that the Biden administration is deeply concerned with that distinctly American political barometer of presidential popularity – the price of fuel.
Senate approval of the US$3.5 trillion budget plan that would expand Medicare, tax credits, and climate initiatives suggests that the US inflation outlook may not be “transitory”.
Bob McNally, one of Washington’s more acute observers of energy affairs, said: “The Biden administration is under enormous political pressure due to inflation, with galloping gasoline the most publicly visible and vexing.”
US fuel prices hit their highest levels since 2014 this summer. It is a “jarring contradiction”, according to a Bloomberg report, that Sullivan issued his request to Opec+ just two days after the UN Intergovernmental Panel on Climate Change (IPCC) published its sixth assessment report, warning of a point of no return in its climate crusade to quickly ban the use of fossil fuels worldwide.
The United States, along with the European Union, has been in lockstep with UN Secretary-General António Guterres who said the IPCC report was nothing less than “a code red for humanity. The alarm bells are deafening, and the evidence is irrefutable.”
But the contradiction goes deeper: the Biden administration implores Saudi Arabia, Russia, and other producers to increase oil production while doing its best to obstruct its home-grown oil and gas industry to meet the demands of the Democratic Party’s Green New Deal base.
The US remains the world’s largest oil and gas producer but Biden has done everything possible to obstruct domestic producers in the name of fighting climate change.
On attaining office, he immediately unleashed a series of executive orders to reverse his predecessor’s strategy of “energy independence”.
At a stroke of his pen, he revoked permits for the Keystone XL pipeline to transport oil from Canada to Gulf Coast refiners, suspended oil leasing in Alaska, halted oil and gas leases on federal land, and cynically invoked the Endangered Species Act to block energy resource development on private lands in the West.
Last edited by cancel2 2022; 09-02-2021 at 02:18 AM.
dukkha (09-02-2021), PostmodernProphet (09-02-2021)
Actually the energy plan of a un American tRump kisser and a fact free toll is chaotic and extremely self contradicting when it comes to standing up to the truth and the reality of it all. Yet President Biden's energy plan and accomplishments among his team has indeed made America great again to which the entire world should take notice, and including foreign enemies and the enemy from within.
Last edited by gemini104104; 09-03-2021 at 12:01 AM.
There is nothing chaotic about Biden's Afghan policy. However, evacuations are messy. He told us that it would be dangerous and chaotic. But the policy itself was explained before he did it and he carried through.
cancel2 2022 (09-02-2021)
But the contradiction goes deeper:
the Biden administration implores Saudi Arabia, Russia, and other producers to increase oil production while doing its best to obstruct its home-grown oil and gas industry to meet the demands of the Democratic Party’s Green New Deal base.
The US remains the world’s largest oil and gas producer but Biden has done everything possible to obstruct domestic producers in the name of fighting climate change.
.
But the Biden administration suffered yet another humiliation earlier this month when Opec, the oil producers’ cartel, summarily rejected its request to release more oil to world markets.
Reuters quoted Opec sources as saying there was “no need to release extra oil more quickly”, and that there was “no concern that the planned schedule of increases would leave any demand unmet”.
US National Security Adviser Jake Sullivan had criticized big oil producers in Opec+, including Saudi Arabia and Russia, for what he said were “insufficient crude [oil] production levels”. “At a critical moment in the global recovery, this is simply not enough,” he said.
While this request was cast as a means of tempering oil prices to help global economic recovery, it is no secret that the Biden administration is deeply concerned with that distinctly American political barometer of presidential popularity – the price of fuel.
IMO this energy policy is a perfect illustration of why Dem policies dont work.
Stop all drilling in the US to fight climate change but ask the gulf states to drill more to stabilize prices.
cancel2 2022 (09-02-2021)
Bullshit and so is your bs scamp source of lies. Also what has tRump and his seditious GOPers accomplished in terms of a competent energy policy? This instead of waging war on the EPA in order to further their efforts to enable the act of polluting pristine lands i.e. the destruction of these areas, in particular, in order to engage in the failed border wall racket, and aquifers with their oil digging efforts to pump that filthy lucre in their hides?
THE BIDEN PLAN TO BUILD A MODERN, SUSTAINABLE INFRASTRUCTURE AND AN EQUITABLE CLEAN ENERGY FUTURE
At this moment of profound crisis, we have the opportunity to build a more resilient, sustainable economy – one that will put the United States on an irreversible path to achieve net-zero emissions, economy-wide, by no later than 2050. Joe Biden will seize that opportunity and, in the process, create millions of good-paying jobs that provide workers with the choice to join a union and bargain collectively with their employers.
President Trump has a devastating pattern of denying science and leaving our country unprepared and vulnerable. Amidst the COVID-19 pandemic, he ignored public health experts, praised the Chinese government, and failed to take the actions needed to protect the American people. And as the crisis accelerated, Trump rolled back environmental standards that protect public health — adding to the 100 similar environmental and public health protections he has rolled back since taking office — even though early data suggests a link between exposure to pollution and serious negative health impacts from the virus."
https://joebiden.com/clean-energy/
Biden should release more US oil into the market........
Isaiah 6:5
“Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”
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