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re: Brandon has lost control

Posted on 5/28/22 at 6:04 am to
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18614 posts
Posted on 5/28/22 at 6:04 am to
quote:

US oil production has mostly recovered,


That’s a bald face lie you lying, dog faced pony soldier. Also Biden is very responsible for the lack of ability he has to maintain peace (Russia) and his complete lack of being able to convince OPEC to increase production.

So let’s see:

US oil production - Biden admin intentionally stands in the way.

World political climate (Russia) - Biden’s lack of ability to influence - Biden 40% responsible

OPEC production - Biden 100%. I say 100% because if Biden had any diplomacy skills or gravitas the OPEC nations would at least answer his calls. Any sentient president if OPEC flipped the bird the way they have Biden would have made noise about pulling troops out of Saudi Arabia. The only reason the current royal family maintains power over there is our troops and our equipment propping them up.
Posted by FastingFiduciary
Member since May 2022
104 posts
Posted on 5/28/22 at 6:32 am to
quote:

Go back to DU then, commie.


I'm not even a communist. Look at my username -> I work at a financial firm, I'm the most capitalist guy I know.

quote:

I’m glad at least one of you radical leftists is being honest about your hate though. So there’s that.



Oh, I hate people who don't understand basic things and then try to criticize others who do know. Not knowing that Venezuela subsidizes petrol costs for domestic consumers and the reason oil prices differ from country to country is due to these tax/subsidy policies is basic, basic stuff.

Posted by FastingFiduciary
Member since May 2022
104 posts
Posted on 5/28/22 at 6:46 am to
quote:

That’s a bald face lie you lying, dog faced pony soldier.


It's not a bald face lie boyo.

LINK

We're at 11.9 million barrels of oil per day while we were producing 13 million barrels before the pandemic. 1 million barrels of oil extra is barely 10% down from peak oil production and to be expected considering it takes time for oil production to kick back up. Our current oil production is at what we were in February of 2019.


LINK .

Now, look at OPEC oil production.

OPEC oil production is down by 2 million barrels per day which is double what US oil production is down.

quote:

. Any sentient president if OPEC flipped the bird the way they have Biden would have made noise about pulling troops out of Saudi Arabia. The only reason the current royal family maintains power over there is our troops and our equipment propping them up.



I don't blame Biden at all for that. Someone has to stand up to Saudi Arabia and address the fact that they killed someone in cold-blood at an embassy.


Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
42561 posts
Posted on 5/28/22 at 7:26 am to
quote:

Can't lose something you never had.

tru dat
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
42561 posts
Posted on 5/28/22 at 7:40 am to
quote:

FastingFiduciary

you are new here.

I like your style - whether or not we may agree on some details, I will follow you - hope you bring this same 'style' to other political topics.

I have no expertise in the oil production/distribution/cost realm - I am listening to your explanations and find no logical fault.

I hope you are not dissuaded from this board. Hang in there

in fact - I hope you turn out to be a political opponent - I have always searched for anyone who can logically argue some progressive issue.
This post was edited on 5/28/22 at 7:42 am
Posted by trinidadtiger
Member since Jun 2017
13340 posts
Posted on 5/28/22 at 8:29 am to
Fasting Fiduciary,

If we are discussing energy independence....why did you only include oil and gas...Now lets tell the rest of the story..

Energy production by source:

Coal 17.8%
Renewable 12.7%
Nuclear 9.6%

Secondly, BEFORE the pandemic hoax, we were energy independent if you use your same chart by month.

Third, by saying we are back where we were before the pandemic (we arent) you discount the fact that there were weeks we were adding nearly 100,000 barrels per day in production each week! Had the current administration left everything as is, we would no doubt be pumping 3 to 4 million barrel equivs MORE per day by now.

Fourth, what is alarming is the long term consequences of what this administration has done to us. Cancelling the leases hurts, but the radical stance FERC has taken on ALL projects will send all capital abroad, and those ongoing jobs and profits will never return to the US. Google Guyana and the billions EXXON etc are putting into that country rather than the US, as just one example.
This post was edited on 5/28/22 at 8:37 am
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37609 posts
Posted on 5/28/22 at 8:36 am to
quote:

FastingFiduciary


I recognize this douche and his posting style from another one of his alters
Posted by LRB1967
Tennessee
Member since Dec 2020
15533 posts
Posted on 5/28/22 at 8:41 am to
Anyone that voted for Biden should never be allowed to vote again.

All the illegals and dead people. I am in agreement with you on this.
Posted by El_chantajista
Lafayette Louisiana
Member since Jan 2020
818 posts
Posted on 5/28/22 at 8:47 am to
We was the biggest oil producing nation, we was immune to global swings of the market, that was until bitch arse biden was elected and declared war on the oil companies
Posted by FastingFiduciary
Member since May 2022
104 posts
Posted on 5/28/22 at 8:53 am to
I'm not going to defend the administration on its oil policies.

I don't agree with them and I'm pretty in favor of building pipelines.

quote:

If we are discussing energy independence....why did you only include oil and gas...Now lets tell the rest of the story..


Because we're talking about Biden's oil policies and the price of oil increasing.

Renewables, coal and nuclear power are going to vary and we can't really compare them (renewables in particular are deeply unreliable). Plus, Biden hasn't really done that much to impact them while with oil, we can at least discuss his policies or lack of.

Besides, we're still energy independent by that measure if the data I'm looking at is accurate. I've not seen calculated data but I suspect we're still energy independent if we combine all energy sources at this very moment.

LINK

quote:

Secondly, BEFORE the pandemic hoax, we were energy independent if you use your same chart by month.


The term 'independence' annoys me. We were not independent - we were slight net exporters of energy but we were still dependent on other nations for the right energy mix.

But you're correct. We were energy independent before the pandemic if you take into account all sources. However, energy independence doesn't drive oil prices which is what we were talking about.

And we're most likely energy independent now if we're going to use the same measure. The reason I didn't is because it doesn't mean anything at all - prices are still high despite us being energy independent.

quote:

Had the current administration left everything as is, we would no doubt be pumping 3 to 4 million barrel equivs a day by now.



The pandemic shut down refineries and it's going to take time to recover. I think Biden's oil policies are dumb but they're not causing the current price rises.
Posted by Swamp Angel
Georgia
Member since Jul 2004
7267 posts
Posted on 5/28/22 at 9:34 am to
quote:

US oil production has mostly recovered, OPEC oil production hasn't. I love how the board doesn't really understand anything about energy.



Might be surprised on how many folks on the board understand energy. Louisiana IS petroleum. The statement that US oil production has mostly recovered is an out and out falsehood that cannot be supported by fact. Global prices are high simply because the US is not exporting petroleum anywhere near like it did just a couple years ago. OPEC has no real competitor on the market now, so why the hell should they lower prices?
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37609 posts
Posted on 5/28/22 at 9:48 am to
quote:

Renewables, coal and nuclear power are going to vary and we can't really compare them (renewables in particular are deeply unreliable). Plus, Biden hasn't really done that much to impact them while with oil, we can at least discuss his policies or lack of.



That is the biggest bunch of shite. The Biden Administration though the agencies has done everything within its power to influence them.

You really have no real idea of what you are talking about. Here is good example in todays OPED in the WSJ talking about this very thing and why its probable we will be experiencing rolling blackouts this summer

LINK
This post was edited on 5/28/22 at 9:49 am
Posted by FastingFiduciary
Member since May 2022
104 posts
Posted on 5/28/22 at 10:03 am to
There's literally nothing factual that you've linked in your WSJ OP-ED.

It's an opinion piece, not an actual article or economic literature or even energy publication.

There's literally nothing factual in that.

quote:

You really have no real idea of what you are talking about.


I know far more than you. You literally attached an misleading OP-ED - there's not going to be blackouts - the fact that you believe that tells me that you've got no clue what you're on about.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54207 posts
Posted on 5/28/22 at 10:13 am to
quote:

You literally attached an misleading OP-ED - there's not going to be blackouts


So you don't believe a hurricane when forecast is coming until it actually levels your home? I'm pretty sure all thru this thread you have preached about oil prices being set on future use of oil. How is that any different about predicting future blackouts.
Posted by WhaddupDawg
In your heart
Member since Apr 2022
3833 posts
Posted on 5/28/22 at 10:29 am to
quote:

Because the Venezuelan government massively subsidises gas for domestic consumers.


Ahh. So leadership still has nothing to do with gas prices?
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37609 posts
Posted on 5/28/22 at 10:39 am to
quote:

There's literally nothing factual that you've linked in your WSJ OP-ED.

It's an opinion piece, not an actual article or economic literature or even energy publication.

There's literally nothing factual in that.


You made the assertion that the Biden Administration has done nothing to "influence them" when that is clearly not the case. In fact they have done everything within their power to influence them through agency directives. Literally everyone understands this except you. The WSJ may be an OPED but what they cited its true.

The Biden Administration has literally used every lever of government to interfere in markets to implement renewables over fossil fuels: high prices, inflation, blackouts, and geo-political stability be damned. The push to a green agenda is literally more important to them than any of the rest and its absolutely contributing to where we are today.

quote:

I know far more than you.


This post was edited on 5/28/22 at 10:48 am
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 5/28/22 at 11:38 am to
Supporting Biden/Harris should be illegal and unconstitutional!

And minorities/POC are suffering the most, period!

The POC need to open their eyes, not their pocketbooks!

This admin is detroying their voting base....LOL
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7390 posts
Posted on 5/28/22 at 11:58 am to
quote:

It just means that we were a slight net exporter - we still imported significant quantities of crude oil and petroleum products from OPEC nations.


Part of that reasoning is that middle eastern oil is cheaper and cleaner to refine than other heavier crudes out there.

Alaskan oil is very heavy compared to Gulf oil. Instead of shipping most of that Alaskan oil to the states for refining, I think some of it is shipped to China or Japan where they can refine it, and not worry about EPA standards.

The point is that we will always import oil.

I was amazed at how many varieties of oil there are out there.
This post was edited on 5/28/22 at 12:08 pm
Posted by BFIV
Virginia
Member since Apr 2012
7714 posts
Posted on 5/28/22 at 12:25 pm to
Biden never was and never will be "in control". Someone or some group is pulling this puppet's strings and calling the shots. Biden is just the stooge and the fall guy. Just my opinion.
Posted by DTRooster
Belle River, La
Member since Dec 2013
7955 posts
Posted on 5/28/22 at 1:34 pm to
Lost, when has he even had some. Old fk doesn’t even have control of his own arse muscles
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