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Thread: Biden admin cancels massive oil and gas lease sale

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    Quote Originally Posted by Phantasmal View Post
    [FONT="]“In 2020, the oil bust created worker and supply shortages and caused companies to cut their budgets. Investors remain reluctant to invest in fossil fuels. Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more." [/FONT]
    "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill, baby, drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed."

    https://www.statesman.com/story/news...ck/6986833001/
    ^Excuses.

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    Quote Originally Posted by Phantasmal View Post
    “In 2020, the oil bust created worker and supply shortages and caused companies to cut their budgets. Investors remain reluctant to invest in fossil fuels. Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more."
    "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill, baby, drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed."

    https://www.statesman.com/story/news...ck/6986833001/
    Dummkopf is a moron.

    Nobody is interested in drilling for oil in Alaska. On any Fed. land for that matter.

    When did any oil company fear environmentalists?
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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    Guno צְבִי (05-13-2022), Phantasmal (05-13-2022)

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    Quote Originally Posted by Matt Dillon View Post
    ^Excuses.
    Facts. 40% of our pipelines are empty.
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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    Quote Originally Posted by Matt Dillon View Post
    ^Excuses.
    Facts

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    Quote Originally Posted by gemini104104 View Post
    Fox business of bs and that says it all as that usual anti Biden, ant American and anti-humanity Faux propaganda so-called news network of sewer quality fiction, projections and lies. It's always easy to catch Fox and its lying nimrods in their lies because the creatures are obviously oblivious to come up with at least one substantiated fact or truth.
    Tell your CCP handlers to get some better translation software Wumao swine.

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    Quote Originally Posted by Phantasmal View Post
    [FONT="]“In 2020, the oil bust created worker and supply shortages and caused companies to cut their budgets. Investors remain reluctant to invest in fossil fuels. Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more." [/FONT]
    "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill, baby, drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed."

    https://www.statesman.com/story/news...ck/6986833001/
    Ah I see, so then explain why oil was less than half of what it is now under Trump if nobody wanted to drill? Ya nothing to do with Biden's moratorium on new leases and the rescinding of existing leases, and certainly nothing to do with his $50 per ton cost of carbon tax.

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    Quote Originally Posted by Phantasmal View Post
    [FONT="]“In 2020, the oil bust created worker and supply shortages and caused companies to cut their budgets. Investors remain reluctant to invest in fossil fuels. Pavel Molchanov, an analyst at Raymond James, told CNN Business that "oil and gas companies do not want to drill more." [/FONT]
    "They are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial 'drill, baby, drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed."

    https://www.statesman.com/story/news...ck/6986833001/
    this is 2022 and there are incentives to drill unlike th oil glut of 2020 with COVID
    Green regulation like a carbon tax discourage drilling as well

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    Quote Originally Posted by Phantasmal View Post
    Facts
    Lol if nobody wanted to drill then why the need to place a moratorium on new leases, why rescind existing leases, and why Institute a $50 per ton cost of carbon tax to begin with genius?

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    Quote Originally Posted by Althea View Post
    Facts. 40% of our pipelines are empty.
    Couldn't have anything to do with the moratorium on new leases, the rescinding of existing leases, or the $50 per ton cost of carbon tax Biden implemented on day one.

    Your BS excuses have to explain two things why was oil half of what it was under Trump than it is now and how was the US a net energy exporter and Petroleum independent under Trump if nobody wanted to/was drill/drilling? You people are laughable.
    Last edited by FreeSpeech1789; 05-13-2022 at 06:52 AM.

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    Quote Originally Posted by Phantasmal View Post
    Facts
    Do you think placing a moratorium on new leases, rescinding existing leases, and Instituting a $50 per ton carbon tax will help Brandon politically when gas prices are as high as they are now?
    Also, do you believe the above will cause cooler temperatures? If successful in making temperatures slightly cooler do you believe the public is willing to suffer economically to have weather that is cooler but not noticeably?

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    I don’t respond to scumbags who insult Native American women.

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    Quote Originally Posted by FreeSpeech1789 View Post
    Ah I see, so then explain why oil was less than half of what it is now under Trump if nobody wanted to drill? Ya nothing to do with Biden's moratorium on new leases and the rescinding of existing leases, and certainly nothing to do with his $50 per ton cost of carbon tax.
    Moron. The trump virus cut global demand for all goods. Especially fuel. Are you too stupid to remember that the airlines shut down?

    Why don't you explain why trump guaranteed his masters in Russia/Saudi Arabia that U.S would cut production to bolster prices? After demanding that Saudi Arabia cut their production?


    Special Report: Trump told Saudi: Cut oil supply or lose U.S.
    military support - sources


    The effort illustrated Trump’s strong desire to protect the U.S. oil industry from a historic price meltdown as governments shut down economies worldwide to fight the virus. It also reflected a telling reversal of Trump’s longstanding criticism of the oil cartel, which he has blasted for raising energy costs for Americans with supply cuts that usually lead to higher gasoline prices. Now, Trump was asking OPEC to slash output.
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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    Quote Originally Posted by Phantasmal View Post
    I don’t respond to scumbags who insult Native American women.
    That’s all well and good but you do respond to me:
    Quote Originally Posted by anonymoose View Post
    Not only do we have no water restrictions but we pay one fee and use as much water as we want.
    The tundra is most definitely not frozen in the summer. I work part time In Bethel and see the tundra flying in. Not only do the Kuskikwim and Yukon rivers flow through but there’s countless unnamed lakes that cover the Yukon-Kuskokwim Delta which is the size of Texas. Water is unlimited.
    You know squat about Alaska.
    Quote Originally Posted by Althea View Post
    We have wells. Easy peasy.
    The question a little too uncomfortable for you to answer?

    Do you think placing a moratorium on new leases, rescinding existing leases, and Instituting a $50 per ton carbon tax will help Brandon politically when gas prices are as high as they are now?
    Also, do you believe the above will cause cooler temperatures? If successful in making temperatures slightly cooler do you believe the public is willing to suffer economically to have weather that is cooler but not noticeably?

    You know the answers.
    Last edited by anonymoose; 05-14-2022 at 06:27 AM.

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    Quote Originally Posted by anonymoose View Post



    The question a little too uncomfortable for you to answer?
    What question?
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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    Quote Originally Posted by FreeSpeech1789 View Post
    Couldn't have anything to do with the moratorium on new leases, the rescinding of existing leases, or the $50 per ton cost of carbon tax Biden implemented on day one.

    Your BS excuses have to explain two things why was oil half of what it was under Trump than it is now and how was the US a net energy exporter and Petroleum independent under Trump if nobody wanted to/was drill/drilling? You people are laughable.
    No. It has to do with the fact that American oil producers have cut production in order to hike prices.


    How can you be so stupid?
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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