- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: “But the President doesn’t control gas prices”
Posted on 11/9/21 at 8:01 am to jonnyanony
Posted on 11/9/21 at 8:01 am to jonnyanony
quote:
On the other hand, every president since Reagan has done exactly this.
I think the point of the OP is that the president of the US does in fact have some influence over energy prices. not that no president has ever asked OPEC to increase production.
0
Posted on 11/9/21 at 8:01 am to RockyMtnTigerWDE
quote:
Lol, just a huge coincidence that it is skyrocketing under Biden administration
tRyIng To fIx tRUmPs MisTaKes
Posted on 11/9/21 at 8:02 am to RockyMtnTigerWDE
when you halt domestic O&G, you kill a chunk of the supply. Even if that supply is replaced by OPEC, you'll have higher associated delivery costs that make the price higher overall.
This post was edited on 11/9/21 at 8:04 am
Posted on 11/9/21 at 8:02 am to thebigmuffaletta
quote:
If the President doesn’t have any effect on gas prices then why is Brandon begging OPEC to produce more to bring down prices?
There is a difference in having no affect on gas prices and controlling gas prices... They are using word games so their lemmings will continue to follow them blindly off the cliff...
Every action this Turnip takes has an affect on something and most of the shite they are doing is intentional.
Posted on 11/9/21 at 8:05 am to jonnyanony
quote:No buddy, there's a fundamental difference between global cooperation and dependence on foreign strategies.
This is bigger than any one president. It's a systemic problem
Posted on 11/9/21 at 8:07 am to RockyMtnTigerWDE
quote:
Lol, just a huge coincidence that it is skyrocketing under Biden administration
Go look at crude oil prices YoY. The biggest drop we had in fifteen years was end of 2014 to 2017.
Did Obama do anything to make that happen? shite no. My contention is presidents have limited power for systemic reasons that need to be fixed. Even massive domestic production doesn't make much more than a dent.
It's a mess
Posted on 11/9/21 at 8:09 am to thebigmuffaletta
Does he directly control gas prices? No.
But policy decisions directly affect the ability to get petroleum from the wells to the refineries to the public.
Killing pipelines like Keystone and other ones he is discussing has a chilling effect on the petroleum industry as a whole because it is a sign that the administration will be hostile to drilling and transportation.
But policy decisions directly affect the ability to get petroleum from the wells to the refineries to the public.
Killing pipelines like Keystone and other ones he is discussing has a chilling effect on the petroleum industry as a whole because it is a sign that the administration will be hostile to drilling and transportation.
Posted on 11/9/21 at 8:11 am to TrueTiger
What will all these charging stations for EV be powered by? CA is somewhat quietly building 6 new gas fired power plants. As I heard a Tulane professor say last week “their rivers quit running, the sun quit shining, and the wind quit blowing”. It’s a bigger boondoggle than squeezing corn into our gas tanks. Heavily reliant on government subsidies, and poorly thought out end of life analyses.
Posted on 11/9/21 at 8:12 am to teke184
quote:His party is hostile to banks loaning oil and gas money as well.
Killing pipelines like Keystone and other ones he is discussing has a chilling effect on the petroleum industry as a whole because it is a sign that the administration will be hostile to drilling and transportation.
Posted on 11/9/21 at 8:22 am to jonnyanony
quote:Are you serious? Yes, he did actually. He signed the bill that ended the U.S. oil export ban in 2015 which was the catalyst for increased domestic production and supply into the world market. Which led to....a drop in oil prices.
Did Obama do anything to make that happen?
Posted on 11/9/21 at 8:24 am to Chazreinhold
It had minimal actual impact but the rhetoric had a huge impact on psyches of traders and public.
What he did was throw a bone to the envirowhackos and painted himself into a corner, politically.
What he did was throw a bone to the envirowhackos and painted himself into a corner, politically.
Posted on 11/9/21 at 8:26 am to TOSOV
Construction was shutdown, not a pipeline flowing oil. It would be coming online in a few months if construction had of continued. What he actually did was frick Canada by about $10 a barrel.
This post was edited on 11/9/21 at 8:54 am
Posted on 11/9/21 at 8:34 am to WildManGoose
quote:
Are you serious? Yes, he did actually. He signed the bill that ended the U.S. oil export ban in 2015 which was the catalyst for increased domestic production and supply into the world market. Which led to....a drop in oil prices.
The Shale revolution had much more to do with this than any policy. The US gained an entire new supply that was previously not available due to technological constraints.
Posted on 11/9/21 at 8:36 am to thebigmuffaletta
quote:
But the President doesn’t control gas prices”
To be fair, I heard this in defense of W too
Posted on 11/9/21 at 8:36 am to Jbird
quote:
Replying to @SRuhle
Yes, government energy policy has no effect on gasoline prices. Good take, Stephanie.
@CurtisHouck
The simping for the administration is just off the charts. Watch Klain RT this one too. LINK
@B_BNKS
BREAKING: Stephanie Ruhle runs interference for Brandon.
@michelepexner
Our current President shut down an American pipeline (let Russia build one), banned drilling on public lands, increased regulations, and then begged OPEC to produce more oil (which they haven’t). He launched a war against American energy and asked foreign nations to bail us out. LINK
Twitter took down both of those links.
Posted on 11/9/21 at 8:37 am to jonnyanony
quote:
jonnyanony
Are the other 1,999 posts of yours this stupid?
Posted on 11/9/21 at 8:39 am to 20 ton
quote:
The Dems are picking the winners and losers.
Those Dems have lots of money invested in green energy. Especially Pelosi.
Posted on 11/9/21 at 8:40 am to hubertcumberdale
quote:
For one, Wall Street and other lenders have all but abandoned the oil and gas industry, restricting lending to these industries bc they lost so much money the last 6+ years and mounting ESG concerns. The lack of reinvestment into the industry has caused demand to outstrip supply.
How fricking stupid do you have to be to pretend this is driving a near 100% increase at the pump?
Posted on 11/9/21 at 8:42 am to the808bass
quote:
How fricking stupid do you have to be to pretend this is driving a near 100% increase at the pump?
The Us is coming out of a 1.5 year long lockdown and you are shocked that demand is outstripped supply? It is the same in literally every other industry.
Posted on 11/9/21 at 8:43 am to hubertcumberdale
quote:Which never would have been exploited to the levels that it was without a suitably large outlet to accommodate the supply.
The Shale revolution had much more to do with this than any policy. The US gained an entire new supply that was previously not available due to technological constraints.
Page 2 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News