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Message
re: Drill Baby Drill!
Posted on 5/10/23 at 9:21 pm to Lou Pai
Posted on 5/10/23 at 9:21 pm to Lou Pai
quote:
Explain to me how Trump and/or Biden have significantly affected oil and gas production in either direction.
I said energy policy and you narrow it down to oil and gas production, with the inference that oil and gas production is domestic.
First of all energy policy is also foreign policy. The first thing Trump did when he he assume office is visit Mohamad bin Salam the Crown Prince of Saudi Arabia at the 2017 Riyadh Summit. Trump worked out a deal to get the Saudis to produce more oil. I know this is not good for the O&G baws down in TX, OK and LA but it's good for the country. Low energy prices are good for the country and a major component of inflation.
Furthermore Trump is very laissez-faire in terms of domestic energy policy. He is a friend of the industry. Not an adversary.
2
Posted on 5/10/23 at 9:22 pm to Lou Pai
You can’t see the forest for the trees.
Posted on 5/10/23 at 9:24 pm to Lou Pai
quote:
Here's a handy chart for you. Try to think about who was president, when
Looks like US oil production clearly increased during Trump's first term.
Posted on 5/10/23 at 9:24 pm to GumboPot
quote:
I said energy policy and you narrow it down to oil and gas production, with the inference that oil and gas production is domestic.
The thread title is a direct quote from Trump tonight... "Drill Baby Drill"
Presidents don't have the ability to "Drill." They have the ability to affect federal permits and pipeline construction, but that's about it. Not sure why that's unclear.
Posted on 5/10/23 at 9:25 pm to GumboPot
I provided another chart just to show you how much Obama really influenced oil and gas production in the U.S.
This post was edited on 5/10/23 at 9:26 pm
Posted on 5/10/23 at 9:26 pm to POTUS2024
quote:
I don't know who is saying 'drill baby drill' but that is exactly what we should be doing.
That IS exactly what we are doing. So far in 2023 we have been averaging 12.37 million barrels per day, which is a new record for our country. Barring some economic or political crisis, this will be the highest oil production year in US history, eclipsing 2019.
And right now, 2024 is expected to produce even more US oil.
Posted on 5/10/23 at 9:26 pm to loogaroo
quote:
You’re an idiot
Then explain how Trump or Biden have had any direct result on the cost of gas.
Posted on 5/10/23 at 9:30 pm to Lou Pai
quote:
I provided another chart just to show you how much Obama really influenced oil and gas production in the U.S.
The bottom line is Trump is laissez-faire in terms of energy policy. He is a friend of the industry.
O&G production did not start increasing in the US due Obama's policies. Fracking technology took hold mostly in the Permian Basin and Marcellus Shale.
Posted on 5/10/23 at 9:30 pm to Dday63
Correct. Also Trump benefited from the fact that we exited a huge industry downturn in 2016. The rig count grew significantly because were coming off the trough in Fall of that year. But the upcycle in activity flattened out bigly in late 2018 going into 2019 due to factors that again have nothing to do with government activity or politics.
Now we are returning to record levels of production... under Biden.
Now we are returning to record levels of production... under Biden.
Posted on 5/10/23 at 9:32 pm to Lou Pai
Lou “ Me cuck you long time “ Pai . You are seriously in for a rude awakening
This post was edited on 5/10/23 at 9:33 pm
Posted on 5/10/23 at 9:33 pm to GumboPot
quote:
Trump worked out a deal to get the Saudis to produce more oil
Yes, he did. The deal was that Trump would claim the House of Saud was not responsible for the death of Jamal Khoshoggi. In exchange they would produce more oil.
Now, I don't really care too much about Khashoggi's death, but I don't think our President should absolve torturer/murderers of their responsibility.
Posted on 5/10/23 at 9:33 pm to geauxbrown
Posted on 5/10/23 at 9:34 pm to GumboPot
quote:
The bottom line is Trump is laissez-faire in terms of energy policy. He is a friend of the industry.
O&G production did not start increasing in the US due Obama's policies. Fracking technology took hold mostly in the Permian Basin and Marcellus Shale.
The difference between the two is negligible in terms of real-world effects. Obama basically appointed some stooges to FERC and dragged his feet on Keystone but the true gamechanging for U.S. energy production happened while he was occupying the White House, despite his views. Because the president doesn't really have an effect.
Posted on 5/10/23 at 9:38 pm to Lou Pai
Be gentle with Louise tonight fellas, she's watching her Ronnie's campaign implode before it even leaves the launch pad.
Posted on 5/10/23 at 9:38 pm to Lou Pai
Kari Lake/Sarah Palin 2024
I would pay money to watch you melt over it. & this country would finally balance the fricking check book and cut spending like a woman knows how to do.
I would pay money to watch you melt over it. & this country would finally balance the fricking check book and cut spending like a woman knows how to do.
Posted on 5/10/23 at 9:38 pm to Lou Pai
quote:
Because the president doesn't really have an effect.
The perception of the president does though.
Posted on 5/10/23 at 9:38 pm to Lou Pai
You hit the nail on the head. Permits! And bumbling Joe has shut them down. Even the heads of the oil companies have brought it up time and again. There are plenty of ways to handcuff production and you know it.
Posted on 5/10/23 at 9:41 pm to yakster
Posted on 5/10/23 at 9:41 pm to loogaroo
quote:
The perception of the president does though.
They independent oil producers changed their religion DURING Trump in 2019.
Just look at how muted the rig count response was, by historical standards, during $100 oil, last year.
Posted on 5/10/23 at 9:43 pm to DreauxB2015
cream pai is as dumb as NavyTiger thinking the Iran Obama deal was nuanced.
drill baby drill cringes the ears of dumbasses and democrats.
drill baby drill cringes the ears of dumbasses and democrats.
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