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Message
Oil And Gas Executives Say It's Not Joe Biden Holding Back Domestic Production
Posted on 3/24/22 at 1:27 pm
Posted on 3/24/22 at 1:27 pm
quote:
The top reason domestic energy production hasn’t ramped up isn’t Joe Biden’s green energy agenda, according to oil company executives. Instead, it’s a lack of enthusiasm from investors.
A majority of oil and gas executives surveyed by the Federal Reserve Bank of Dallas this month pointed to pressure from investors as the top obstacle to growth. Less than 10% blamed government regulation.
“We are maintaining discipline in capital spending to maintain great internal rates of return,” said one executive at an unnamed exploration and production firm, referring to profits from earlier investments.
The Dallas Fed survey comes at a moment of fierce political debate over rising gas prices and overall high inflation, with Republicans blaming higher fuel costs entirely on Biden.
Dallas Fed Energy Survey
This post was edited on 3/24/22 at 1:31 pm
57
Posted on 3/24/22 at 1:29 pm to saintforlife1
Investing in oil hurts your ESG score.
Posted on 3/24/22 at 1:30 pm to saintforlife1
Isn’t the lack of enthusiasm from investors due to influence from green energy advocates? And isn’t green energy highly favored over carbon fuels by this administration? If so, then yes, it’s Joe Biden- in part.
WTF kind of bullshite propaganda is this piece?
WTF kind of bullshite propaganda is this piece?
Posted on 3/24/22 at 1:30 pm to saintforlife1
Posted on 3/24/22 at 1:30 pm to saintforlife1
quote:
Oil And Gas Executives Say It's Not Joe Biden Holding Back Domestic Production
Posted on 3/24/22 at 1:32 pm to tigerinthebueche
quote:
And isn’t green energy highly favored over carbon fuels by this administration? If so, then yes, it’s Joe Biden- in part.
Do you think ESG investors wouldn’t exist without a D in the White House? These same pressures existed during the Trump presidency as well…
Posted on 3/24/22 at 1:33 pm to saintforlife1
Ya, that's sort of what happens when you bend over backwards to make an industry uninvestable for decades on end 
Posted on 3/24/22 at 1:33 pm to saintforlife1
quote:
it’s a lack of enthusiasm from investors.
Because they know the risk. The Biden administration has the inclination to shutdown O&G projects on a whim.
Change to a O&G favorable administration then money will be thrown at O&G projects.
Posted on 3/24/22 at 1:33 pm to saintforlife1
Investors worry that Joe Biden and the Democrats could step in at any time and totally destroy their investment.
So, yeah, it’s still the fault of Biden & Democrats.
So, yeah, it’s still the fault of Biden & Democrats.
Posted on 3/24/22 at 1:35 pm to Blutarsky
quote:
Investors worry that Joe Biden and the Democrats could step in at any time and totally destroy their investment.
So, yeah, it’s still the fault of Biden & Democrats.
100%.
Posted on 3/24/22 at 1:35 pm to Blutarsky
Image of the oil executive typing out this memo.
Posted on 3/24/22 at 1:36 pm to Blutarsky
Biden plays big role, but some of you need to learn about Larry Fink et al..this is real as well
Posted on 3/24/22 at 1:36 pm to GumboPot
You can literally see the price per barrel of oil going up continuously right after the election. What a coincidence.
Posted on 3/24/22 at 1:36 pm to saintforlife1
quote:
saintforlife1
Posted on 3/24/22 at 1:37 pm to saintforlife1
But Joe just said it was Russia's fault and nothing could be done. Crazy, huh
Posted on 3/24/22 at 1:37 pm to saintforlife1
quote:
Instead, it’s a lack of enthusiasm from investors.
Which is because of
quote:
Joe Biden’s green energy agenda
Posted on 3/24/22 at 1:38 pm to saintforlife1
LMAO
Just lying right to our faces!!! These DIMs will do anything!!!!
Just lying right to our faces!!! These DIMs will do anything!!!!
Posted on 3/24/22 at 1:38 pm to saintforlife1
A lot of people got burned in 2014/2015. I imagine it took a good while after the 80s crash as well. Add that to the current political climate and it's not shocking.
This post was edited on 3/24/22 at 1:40 pm
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