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re: Bank of America: Oil May Hit $100 This Winter and Spur Economic Crisis
Posted on 10/8/21 at 10:24 am to xxTIMMYxx
Posted on 10/8/21 at 10:24 am to xxTIMMYxx
The Nord Strom 2 pipeline that before Biden the US, Poland, and Ukraine opposed because it gave Russia entirely too much geopolitical leverage over all of Europe.
So Biden killed the Keystone pipeline, but waived all sanctions preventing Nord Strom 2. It makes 0 sense for his administration to cancel the pipeline making the US energy dependent, while allowing Nord Strom 2 from a “green energy” standpoint. So essentially he’s fricking over our country, but favoring our enemies. #Build Back Better
Please explain Liberal OT members.
So Biden killed the Keystone pipeline, but waived all sanctions preventing Nord Strom 2. It makes 0 sense for his administration to cancel the pipeline making the US energy dependent, while allowing Nord Strom 2 from a “green energy” standpoint. So essentially he’s fricking over our country, but favoring our enemies. #Build Back Better
Please explain Liberal OT members.
This post was edited on 10/8/21 at 10:27 am
1
Posted on 10/8/21 at 10:27 am to Klark Kent
I saw where even Yahoo even beat him up a little for that.
LINK
If Trump killed Keystone and allowed for Nord Stream, he probably would have been impeached.
LINK
If Trump killed Keystone and allowed for Nord Stream, he probably would have been impeached.
Posted on 10/8/21 at 10:34 am to cajunangelle
Is this why gas is up like 25 cents over the last two days?
Posted on 10/8/21 at 10:38 am to ragincajun03
What a fracking revolting development.
Posted on 10/8/21 at 11:16 am to Tigerfan1274
quote:
I remember during the height of covid hysteria last spring, some of the "experts" were saying $35/BBL was probably the new normal and we may never even see $50/BBL. Whoops. It was probably wishful thinking more than anything.
That was before OBiden took over
Posted on 10/8/21 at 11:18 am to ragincajun03
quote:
BofA
Not falling for it
This post was edited on 10/8/21 at 11:20 am
Posted on 10/8/21 at 11:18 am to ragincajun03
Honestly wouldn't shock me that restrictions on oil and gas extraction and production ramp up despite higher prices.
Washington doesn't want affordable energy and a competitive economy for us normal people. They want to force us to consume the energy produced by the green companies in which they are invested.
Washington doesn't want affordable energy and a competitive economy for us normal people. They want to force us to consume the energy produced by the green companies in which they are invested.
Posted on 10/8/21 at 11:24 am to Cosmo
quote:
Thanks Biden
We all have a tendency to call Biden an idiot.
In this regard, he (or his puppeteers) know exactly what they're doing.
He's more of a menace than Bill Clinton.
Posted on 10/8/21 at 11:26 am to Tempratt
quote:
We all have a tendency to call Biden an idiot.
In this regard, he (or his puppeteers) know exactly what they're doing.
Yea I hope people dont think this is just them being dumb and not knowing the ramifications. This is all working as intended
Posted on 10/8/21 at 11:53 am to ragincajun03
quote:
$100 a barrel
Good for my business
Posted on 10/8/21 at 1:49 pm to jennyjones
quote:
quote:
I remember during the height of covid hysteria last spring, some of the "experts" were saying $35/BBL was probably the new normal and we may never even see $50/BBL. Whoops. It was probably wishful thinking more than anything.
That was before OBiden took over
We would have still seen $60-70/bbl during a 2nd Trump term. The American economy honestly doesn't want $20-30/bbl oil.
Posted on 10/8/21 at 1:52 pm to dewster
quote:
Honestly wouldn't shock me that restrictions on oil and gas extraction and production ramp up despite higher prices.
Washington doesn't want affordable energy and a competitive economy for us normal people. They want to force us to consume the energy produced by the green companies in which they are invested.
Except that there's Democrat members of Congress in swing districts who could be in real trouble come October/November of 2022 if we see $120/bbl oil and $4.50/gal gasoline.
Posted on 10/8/21 at 1:52 pm to ragincajun03
Orgeron buyout looking a lot more manageable amirite?
Posted on 10/8/21 at 1:53 pm to ragincajun03
I read an article recently that was a reaction to a WSJ article. The WSJ is pay only so all I could read was the reaction, but the article discussed how a lot of Europe and parts of America that are going green in energy generation do not have storage capacity or energy reserves sufficient to account for extended periods of diminished output when the wind doesn’t blow or clouds cover the sun.
Because of that, large swaths of people are clamoring for fossil fuels for heating and electricity, but with exploration and production of O&G stifled the available petroleum products are now more rare (less available) and more expensive.
Because of that, large swaths of people are clamoring for fossil fuels for heating and electricity, but with exploration and production of O&G stifled the available petroleum products are now more rare (less available) and more expensive.
Posted on 10/8/21 at 1:54 pm to ragincajun03
$45-$55 is a sweet spot. Everyone, just about, can make money there.
Posted on 10/8/21 at 2:45 pm to ragincajun03
quote:
BofA
Ain’t no way
Posted on 10/8/21 at 2:49 pm to ragincajun03
Seriously, frick you Democrats
Posted on 10/8/21 at 2:52 pm to waiting4saturday
quote:
I’ll live with $3.00 gas as long as drumpf doesn’t get to tweet mean things.
$3 is worth no mean tweets.
But I draw the line at $3.50.
Posted on 10/8/21 at 3:34 pm to fallguy_1978
quote:
The US is a dying empire being ran by a senile old man.
Mostly correct. He's a senile old man but he's not running the empire.
Posted on 10/8/21 at 6:24 pm to ifyoubuildit
Just insane
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