Biden outpaces Trump in oil leases!

Jarod said:
https://www.washingtonpost.com/clim...LGCJm1wUtLe9im41DH3_40EPhZPhegOICzp1Gmvoom7tI
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"
The administration’s actions reveal an uncomfortable truth: Although Biden supports a shift to cleaner sources of energy, he has failed to curb fossil fuel development in the United States. His push to suspend federal oil and gas auctions has run headlong into political and legal challenges, and his administration has offered no plan to address the climate impact of mining in Wyoming’s coal-rich Powder River Basin. Collectively, these activities account for nearly a quarter of the nation’s greenhouse gas emissions."
his month, Interior’s Bureau of Land Management indicated it would reverse the Trump administration’s decision to expand oil and gas production on the largest swath of federal land, the National Petroleum Reserve in Alaska — but would allow drilling on half of the reserve.

Four days later, lawyers for the federal government declined to defend the Obama administration’s 2016 coal moratorium, which Trump lifted two months after taking office. Instead, they argued that environmentalists’ lawsuit to restore it should be dismissed on technical grounds."

Read that twice you typical ignorant, uneducated democrat.
 
LMAO @the desperate deflection
~~

The authority to suspend oil and gas leasing lies “solely with Congress,” Doughty wrote.

Biden officials said they could be held in contempt if they didn’t resume leasing.

Legal challenges have “made it impossible for us to stop many of these leases,” White House press secretary Jen Psaki said during Thursday’s daily briefing.
 
Sailor said:
"
The administration’s actions reveal an uncomfortable truth: Although Biden supports a shift to cleaner sources of energy, he has failed to curb fossil fuel development in the United States. His push to suspend federal oil and gas auctions has run headlong into political and legal challenges, and his administration has offered no plan to address the climate impact of mining in Wyoming’s coal-rich Powder River Basin. Collectively, these activities account for nearly a quarter of the nation’s greenhouse gas emissions."
his month, Interior’s Bureau of Land Management indicated it would reverse the Trump administration’s decision to expand oil and gas production on the largest swath of federal land, the National Petroleum Reserve in Alaska — but would allow drilling on half of the reserve.

Four days later, lawyers for the federal government declined to defend the Obama administration’s 2016 coal moratorium, which Trump lifted two months after taking office. Instead, they argued that environmentalists’ lawsuit to restore it should be dismissed on technical grounds."

Read that twice you typical ignorant, uneducated democrat.
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Yes, Biden has to deal with rightys like you.
 
Jarod said:
How so? The data is clear.
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What's clear is where it's headed.
1647367460-o_1fu7c141k1rf815sj7vr1cmdu5q8.jpg
 
Jarod said:
1) so we are still importing more than exporting?
2) where is that data from, I doubt it’s legit.
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Oil prices or inflation mean nothing to welfare collecting assholes like yourself. You never have to pay, just the taxpayers.
 
Sailor said:
Oil prices or inflation mean nothing to welfare collecting assholes like yourself. You never have to pay, just the taxpayers.
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That’s your response when faced with the fact that the basis of your claim is untrue?
 
Sailor said:
Oil prices or inflation mean nothing to welfare collecting assholes like yourself. You never have to pay, just the taxpayers.
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I'd rather listen to the WSJ than a lying toerag like Jarhead.

On the back of Russia’s invasion of Ukraine, crude oil prices jumped above $100 a barrel, and the average cost of U.S. gasoline has surpassed $4 a gallon.

Yet domestic oil production has barely budged over the past two years and remains stuck below 12 million barrels a day, 10% to 15% below the pre-pandemic high.

The total U.S. oil rig count has bounced back, but only to roughly 75% of the recent peak in March 2020.


Major U.S. shale producers, particularly ones in the Permian Basin of Texas, have a break-even oil price close to $30 a barrel, so why isn’t American supply responding to price signals from the global market?

First and foremost, U.S. shale got a wake-up call about its business model in 2020.

That’s when the combination of an OPEC+ oil-market-share battle and pandemic lockdowns briefly turned crude oil prices negative and decimated the energy sector, driving more than 100 North American oil and gas companies into bankruptcy by year-end.

After largely giving lip service to shareholder activists following the 2014 shale crash, almost every U.S. energy company has also embraced the need for capital spending restraint and generating free cash flow rather than simply expanding production.

Flat or up slightly (5% or less) is the new production growth paradigm, and living within cash flow is paramount.

This fiscal discipline held through 2021 even as crude oil prices doubled and continues to hold despite a roughly $30-a-barrel price jump since the beginning of 2022.

https://www.justplainpolitics.com/s...lving-The-Energy-Crisis&p=5009570#post5009570
 
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Primavera said:
I'd rather listen to the WSJ than a lying toerag like Jarhead.

On the back of Russia’s invasion of Ukraine, crude oil prices jumped above $100 a barrel, and the average cost of U.S. gasoline has surpassed $4 a gallon.

Yet domestic oil production has barely budged over the past two years and remains stuck below 12 million barrels a day, 10% to 15% below the pre-pandemic high.

The total U.S. oil rig count has bounced back, but only to roughly 75% of the recent peak in March 2020.


Major U.S. shale producers, particularly ones in the Permian Basin of Texas, have a break-even oil price close to $30 a barrel, so why isn’t American supply responding to price signals from the global market?

First and foremost, U.S. shale got a wake-up call about its business model in 2020.

That’s when the combination of an OPEC+ oil-market-share battle and pandemic lockdowns briefly turned crude oil prices negative and decimated the energy sector, driving more than 100 North American oil and gas companies into bankruptcy by year-end.

After largely giving lip service to shareholder activists following the 2014 shale crash, almost every U.S. energy company has also embraced the need for capital spending restraint and generating free cash flow rather than simply expanding production.

Flat or up slightly (5% or less) is the new production growth paradigm, and living within cash flow is paramount.

This fiscal discipline held through 2021 even as crude oil prices doubled and continues to hold despite a roughly $30-a-barrel price jump since the beginning of 2022.

https://www.justplainpolitics.com/s...lving-The-Energy-Crisis&p=5009570#post5009570
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Link?
 
Jarod said:
https://www.washingtonpost.com/clim...LGCJm1wUtLe9im41DH3_40EPhZPhegOICzp1Gmvoom7tI
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plans to auction off oil and gas drilling rights on more than 200,000 acres across Western states by the end of March, followed by 1 million acres in the Cook Inlet, off the coast of Alaska.
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did you know that they had NO on shore lease auctions in 2020......they called a halt to them immediately after Biden took office.........he was taken to court and lost.......these sales are only happening because of a court order Biden could not ignore......

from you own link......
U.S. District Judge Terry A. Doughty in Louisiana struck down Biden’s Jan. 27, 2021, executive order in June, dealing a major blow to the president’s plans to cut greenhouse gas emissions from fossil fuels.
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still want to brag on Biden's energy record?......

Legal challenges have “made it impossible for us to stop many of these leases,” White House press secretary Jen Psaki said during Thursday’s daily briefing.
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