FUEL AT THE PUMPS AND HOME HEATING FOSSIL FUELS WILL CONTINUE TO RISE.Bruce » 11 Jul 2023, 10:40 pm » wrote: ↑ Iraq Takes First Step Towards Becoming The World’s Biggest Oil Producer By Simon Watkins - Jul 11, 2023, 7:00 PM CDTIraq's parliamentary oil and gas committee plans to increase the country's oil production to more than five million barrels per day, according to the release of committee minutes last week. As analysed in full in my new book on the new global oil market order, not only could this be done with relative ease by Iraq but it could also easily be the precursor to further oil production increases to 13 million barrels per day (bpd) if handled correctly. This would make Iraq the biggest oil producer in the world.
——
In our entire history, no President had approved more oil and gas drilling permits on federal land, even in Alaska, and offshore, he’s nearly drained our reserves selling at $125 a barrel, and is buying back at $70, fist bumps oil shieks, and has ran all over the world begging for oil.
Couple that with the largest defense spending in history two years in a row, full throttle munitions production, more ships than the navy asked for, and Fox News must play endless loops of Hunter Biden’s laptop, plus he’s old, a very old man.
If a Republican tried doing those things liberals would cry bloody murder. As it is, they are quiet.
Every barrel Iraq pumps weakens OPEC and lowers gas prices at the pump.
In a few years, oil demand will cap as alternatives bite into demand.
But until then, Biden has is turning the oil tap wide open .
Joe Biden sold a staggering amount of oil from the salt domes, most at about $125 a barrel.righteous » 11 Jul 2023, 10:50 pm » wrote: ↑ FUEL AT THE PUMPS AND HOME HEATING FOSSIL FUELS WILL CONTINUE TO RISE.
AMERICAN FUEL, CHEAPER, CLEANER, MORE COST EFFECTIVE, LITTLE TRANSPORT FEES.
OPEC PUTS BIDEN AND AMERICA AT THE MERCY OF THEIR CONTROL.
YOU CAN GUARANTEE THE BIDEN CRIME ORGANIZATION IS INCREASING THEIR WEALTH WITH AN IRAQI DEAL.
SEVERAL TOWNS AND JURISDICTIONS IN THE U.S ARE BANNING ELECTRIC VEHICLES.
A MOVEMENT THAT COULD SHUT DOWN ELECTRIC VEHICLE PRODUCTION AND DESTROY BIDEN FUNDING FOR FORD AND GM.
Eh, wut?Bruce » 11 Jul 2023, 11:10 pm » wrote: ↑ Joe even authorized so much export to Europe, and may even have blown up the Nordstream pipeline, that some days natural gas in Europe has a below zero rack price.
Let’s pretend the most right wing politician in America, let’s use old Margie Taylor Green, was sat down with full powers to lower oil prices, by Biden.
"Biden wins again"...and the taxpayers lose again.Bruce » 11 Jul 2023, 10:40 pm » wrote: ↑ Iraq Takes First Step Towards Becoming The World’s Biggest Oil Producer By Simon Watkins - Jul 11, 2023, 7:00 PM CDTIraq's parliamentary oil and gas committee plans to increase the country's oil production to more than five million barrels per day, according to the release of committee minutes last week. As analysed in full in my new book on the new global oil market order, not only could this be done with relative ease by Iraq but it could also easily be the precursor to further oil production increases to 13 million barrels per day (bpd) if handled correctly. This would make Iraq the biggest oil producer in the world.
——
In our entire history, no President had approved more oil and gas drilling permits on federal land, even in Alaska, and offshore, he’s nearly drained our reserves selling at $125 a barrel, and is buying back at $70, fist bumps oil shieks, and has ran all over the world begging for oil.
Couple that with the largest defense spending in history two years in a row, full throttle munitions production, more ships than the navy asked for, and Fox News must play endless loops of Hunter Biden’s laptop, plus he’s old, a very old man.
If a Republican tried doing those things liberals would cry bloody murder. As it is, they are quiet.
Every barrel Iraq pumps weakens OPEC and lowers gas prices at the pump.
In a few years, oil demand will cap as alternatives bite into demand.
But until then, Biden has is turning the oil tap wide open .
Aren’t the Ukrainians an advanced race of super men?
Bruce » 11 Jul 2023, 11:10 pm » wrote: ↑ Joe Biden sold a staggering amount of oil from the salt domes, most at about $125 a barrel.
He’s filling it back up with $70 oil.
The current price of natural gas is so low there’s no profit. But that gas makes lots of electricity and heats millions of homes. Joe even authorized so much export to Europe, and may even have blown up the Nordstream pipeline, that some days natural gas in Europe has a below zero rack price.
Biden has authorized more pipelines (not the one to Canada, ones for American oil and gas) and is selling federal oil and gas permits until the oil industry is complaining there will be oversupply.
Which is Biden’s policy.
It lowers the price of gasoline.
Let’s all chip in and buy Hunter another laptop.
He’s banning gas stoves and fireplaces. Does he want Americans to starve and freeze?Bruce » 11 Jul 2023, 11:10 pm » wrote: ↑ Joe Biden sold a staggering amount of oil from the salt domes, most at about $125 a barrel.
He’s filling it back up with $70 oil.
The current price of natural gas is so low there’s no profit. But that gas makes lots of electricity and heats millions of homes. Joe even authorized so much export to Europe, and may even have blown up the Nordstream pipeline, that some days natural gas in Europe has a below zero rack price.
Biden has authorized more pipelines (not the one to Canada, ones for American oil and gas) and is selling federal oil and gas permits until the oil industry is complaining there will be oversupply.
Which is Biden’s policy.
It lowers the price of gasoline.
Let’s all chip in and buy Hunter another laptop.
Yeah, of course Biden.. well, his handlers.. were behind that, but you aren't supposed to admit that, you want braindead to get re-elected, remember..Bruce » 12 Jul 2023, 12:09 pm » wrote: ↑ Aren’t the Ukrainians an advanced race of super men?
They somehow managed to, without a fleet, without submarines, with just their own valor and determination,
go to the Baltic and create America a monopoly on imported natural gas.
How dey do dat?
—-UNITED NATIONS, July 11 (Reuters) - Germany found traces of subsea explosives in samples taken from a yacht that it suspects "may have been used to transport the explosives" to blow up the Nord Stream gas pipelines, it told the U.N. Security Council in a letter with Sweden and Denmark.A series of unexplained explosions hit the Nord Stream 1 and 2 pipelines connecting Russia and Germany under the Baltic Sea last September in the exclusive economic zones of Germany, Sweden and Denmark.