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Started By
Message
EPA plan will cripple oil production in Permian Basin, raise gas prices further
Posted on 6/28/22 at 12:16 pm
Posted on 6/28/22 at 12:16 pm
quote:
Texas Gov. Greg Abbott is pushing back against an Environmental Protection Agency proposal that he says would cripple oil and gas production in the Permian Basin – potentially jeopardizing a quarter of the U.S. gas supply.
In a letter he sent to President Joe Biden on Monday, he said, “While you express concern about out-of-control gas prices, your Environmental Protection Agency (EPA) is threatening to increase them even further. The EPA’s process could interfere in the production of oil in Texas which could lead to skyrocketing prices at the pump by reducing production, increase the cost of that production, or do both.
“Your administration's announced action is completely discretionary. Thus, you have the power to stop it. If you do not, this action alone might serve as a catalyst for economic harm leading to an even deeper reliance on imported foreign energy and a faster economic decline into the pending recession by forcing even more pain for American consumers to pay at the pump.”
https://www.ktbs.com/news/gov-abbott-epa-plan-will-cripple-oil-production-in-permian-basin-raise-gas-prices-further/article_a84c9ba3-e2c2-51ad-8b16-36e8b0cea931.html
Posted on 6/28/22 at 12:18 pm to loogaroo
But how much is your July 4th going to cost?
Posted on 6/28/22 at 12:19 pm to loogaroo
EPA fixing to get it's nuts cut off, baw. Just be patient.
Posted on 6/28/22 at 12:19 pm to loogaroo
I'd love for the USSC to neuter the epa tomorrow
Posted on 6/28/22 at 12:19 pm to loogaroo
"BuT PrEsidEntS DonT afFeCt gAS pRICeS!!!"
Posted on 6/28/22 at 12:19 pm to loogaroo
Sound like Abbott should take it to the SCOTUS.
Posted on 6/28/22 at 12:21 pm to loogaroo
quote:
this action alone might serve as a catalyst for economic harm leading to an even deeper reliance on imported foreign energy and a faster economic decline into the pending recession by forcing even more pain for American consumers to pay at the pump
Pro tip: This is EXACTLY what the left and anyone who voted for them wants to happen. They spent their entire campaign telling you as much.
Posted on 6/28/22 at 12:23 pm to loogaroo
quote:
“Your administration's announced action is completely discretionary. Thus, you have the power to stop it. If you do not, this action alone might serve as a catalyst for economic harm leading to an even deeper reliance on imported foreign energy and a faster economic decline into the pending recession by forcing even more pain for American consumers to pay at the pump.”
GIF of *Biden blankly staring up at the ceiling here.
Posted on 6/28/22 at 12:41 pm to Deuces
quote:
But how much is your July 4th going to cost?
Shouldn't they have released that by now?
Posted on 6/28/22 at 12:44 pm to loogaroo
From the article:
Can confirm. My wife's portion of oil royalty checks from 1280 acres in Odessa are yuge.
quote:
“Permian producers are breaking production records to meet rising demand,” Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association, told The Center Square.
Can confirm. My wife's portion of oil royalty checks from 1280 acres in Odessa are yuge.
Posted on 6/28/22 at 12:53 pm to j1897
They did, I think it was a little less than a $10 increase equal to a 17% rise over last year.
Posted on 6/28/22 at 1:03 pm to loogaroo
quote:
In a letter he sent
There has to be a better way to get the message across in the 21st Century.
Posted on 6/28/22 at 1:06 pm to VADawg
quote:
This is EXACTLY what the left and anyone who voted for them wants to happen. They spent their entire campaign telling you as much.
Yep, but those who voted for him keep replaying his claim he is moderate.
Posted on 6/28/22 at 1:14 pm to RockyMtnTigerWDE
Do what Dem's do, if you don't like the ruling, just ignore it.
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