Liberal Forum

*Huey » 28 Jul 2024, 4:58 pm » wrote: ↑

28 Jul 2024, 4:58 pm

This is fro the administration:

Recently, U.S. crude oil production has increased because of technological advancements and efficiency gains despite a 69% decrease in the number of active rigs since 2014. The number of new wells added every year in the United States has fluctuated over the past decade.

https://www.eia.gov/todayinenergy/detai ... t%20decade.

There are not more rigs under Biden.  Despite Biden's best efforts it is technology that is allowing the oil companies to get more oil from rigs.  

The Biden Administration says you are lying.  Are you saying the administration is lying?

See ya tomorrow.  I never said I was leaving.

Don't let the facts stand in your way. 

Democrat policies lead to the best oil production in American history. 

Not letting oil companies sit on leases is the reason 

You're just too much of a toady to admit the facts

Thought you were leaving toady. 

*Huey » 28 Jul 2024, 4:58 pm » wrote: ↑

28 Jul 2024, 4:58 pm

This is fro the administration:

Recently, U.S. crude oil production has increased because of technological advancements and efficiency gains despite a 69% decrease in the number of active rigs since 2014. The number of new wells added every year in the United States has fluctuated over the past decade.

https://www.eia.gov/todayinenergy/detai ... t%20decade.

There are not more rigs under Biden.  Despite Biden's best efforts it is technology that is allowing the oil companies to get more oil from rigs.  

The Biden Administration says you are lying.  Are you saying the administration is lying?

See ya tomorrow.  I never said I was leaving.

Yeah keep repeating that lie. 

Bidencrimefamily » 28 Jul 2024, 2:41 pm » wrote: ↑

28 Jul 2024, 2:41 pm

Making oil companies produce or give up their leases was just brilliant.

If that be the case, why isn't gas @ $2?
 

ROG62 » 28 Jul 2024, 5:45 pm » wrote: ↑

28 Jul 2024, 5:45 pm

If that be the case, why isn't gas @ $2?

Producing more oil than any ti.e in American history. 
   
You dont knkw that oil prices are set by global supply. 

Yeah you been lied to by Republicans once again to say anything as stupid as you just said. 

Dumb ****       
 

Republican are so stupid to not know that global supply sets the gas prices.

What dumb ****

They know nothing at all but what the right wing media tells them..

And it's glaringly clear in his last post.

What a dumb ****.

Bidencrimefamily » 28 Jul 2024, 5:47 pm » wrote: ↑

28 Jul 2024, 5:47 pm

Producing more oil than any ti.e in American history. 
   
You dont knkw that oil prices are set by global supply. 

Yeah you been lied to by Republicans once again to say anything as stupid as you just said. 

Dumb ****     

Under Trump, our reserves were full and we were EXPORTING oil all the while enjoying $2 gas...

what's your excuse?
 

ROG62 » 28 Jul 2024, 5:50 pm » wrote: ↑

28 Jul 2024, 5:50 pm

   
Under Trump, our reserves were full and we were EXPORTING oil all the while enjoying $2 gas...

what's your excuse?

You don't know that Russia isn't producing more oil and the saudis are cutting production 

Amd you dont knkw that gltbal supply sets gas prices. 

What a dumb **** you are. 

         
 

usa rushing to use up all their oil.

Look you don't let oil companies corner the market with oil producing leases and sit on it you get record producing production.

Point blank you dumb ****.

Bidencrimefamily » 28 Jul 2024, 5:52 pm » wrote: ↑

28 Jul 2024, 5:52 pm

You don't know that Russia isn't producing more oil and the saudis are cutting production 

Amd you dont knkw that gltbal supply sets gas prices. 

What a dumb **** you are. 

       

and as usual, you don't know ****, VaG...
 

The democrats said produce or give up the lease.

And it's done wonders on production.

Now the huge oil companies can't sit on a lease.

Cedar » 28 Jul 2024, 4:00 pm » wrote: ↑

28 Jul 2024, 4:00 pm

That explains why the SPR is at its lowest level in 40 years. How’s the petrodollar doing this days?

**chuckle**

No, it doesn't. 

There's no point in dragging it to the SPR...it's here already.

Has FOX not told you?
 

Blackvegetable » 29 Jul 2024, 6:51 am » wrote: ↑

29 Jul 2024, 6:51 am

No, it doesn't. 

There's no point in dragging it to the SPR...it's here already.

Has FOX not told you?

The right wing media can't tell them the truth at any time. 
 

Bidencrimefamily » 28 Jul 2024, 5:14 pm » wrote: ↑

28 Jul 2024, 5:14 pm

Yeah keep repeating that lie. 

 

I get it.  The Biden admin is lying to you. 

*Huey » 29 Jul 2024, 6:57 am » wrote: ↑

29 Jul 2024, 6:57 am

I get it.  The Biden admin is lying to you.

When pil companies can't sit on leases you produce more oil. 

Thats why we are producing record amount of oil. 


 

Bidencrimefamily » 29 Jul 2024, 7:00 am » wrote: ↑

29 Jul 2024, 7:00 am

When pil companies can't sit on leases you produce more oil. 

Thats why we are producing record amount of oil. 


 

 

Not according to the Biden admin.  

Carry on.  

This is fro the administration:

Recently, U.S. crude oil production has increased because of technological advancements and efficiency gains despite a 69% decrease in the number of active rigs since 2014. The number of new wells added every year in the United States has fluctuated over the past decade.

https://www.eia.gov/todayinenergy/detai ... t%20decade.

There are not more rigs under Biden.  Despite Biden's best efforts it is technology that is allowing the oil companies to get more oil from rigs. 

Bidencrimefamily » 29 Jul 2024, 7:00 am » wrote: ↑

29 Jul 2024, 7:00 am

When pil companies can't sit on leases you produce more oil. 

Thats why we are producing record amount of oil.

"Domestic production is projected to reach an all-time record high of 12.9 million barrels a day by the end of this year, according to the U.S. Energy Information Administration. A data analysis by E&E News also shows that the Bureau of Land Management has approved more oil and gas leases on federal lands during Biden’s first two years and seven months as president than former President Trump did during the same amount of time at the beginning of his administration.

The data underscores questions on energy policy likely to be a focus of the 2024 presidential race: What is driving oil and gas production to record levels under Biden, and how much are the gains the result of decisions and policies made by his administration? Why is the surge failing to keep gasoline prices in check, and is the Biden administration doing enough to help consumers?"
https://www.eenews.net/articles/oil-pro ... nsumers%3F

The resulting jump in productivity per well has been dramatic, Brown said. The number of barrels of oil produced per foot of drilling has increased 200 percent since 2014, with much of that progress coming in the last three years.

Another factor in productivity has been wells that were drilled, but not completed, before the 2020 oil crash. Those drilled but uncompleted wells sat idle for years until the price of oil began to climb, said Andy Lipow, president of the Houston-based Lipow Oil Associates analysis firm.

“The first thing to come back was the wells that you’d already spent a bunch of money and needed very little capital to bring them online,” he said.

The inventory of those wells dropped from a high of 8,800 in 2020 to 4,8283 uncompleted wells in August 2022, according to the EIA.

However, Biden administration policies are still important for the industry, according to observers. They are not providing enough certainty for the industry to continue producing at high levels in the longer term, said Meyer with API. The organization has released statements saying that changes to federal environmental review processes, pending oil and gas lease sales on federal land, and agencies’ rulemaking on the Inflation Reduction Act have made companies in the sector weary.

“We need long-term certainty to make these investments,” he said. “And right now, we just don’t have that.”

The White House did not respond to a request for comment, but in a statement, Interior Department spokesperson Melissa Schwartz said the near-record production levels reflect not only that the industry has enough security to make investment decisions but also the Biden administration’s work to “encourage responsible production on existing lands.”

“There are millions of acres of leased, non-producing acres of federal land for oil and gas development,” Schwartz wrote. “There are similarly thousands of approved permits that industry is letting sit, undeveloped.”

Blackvegetable » 29 Jul 2024, 6:51 am » wrote: ↑

29 Jul 2024, 6:51 am

No, it doesn't. 

There's no point in dragging it to the SPR...it's here already.

Has FOX not told you?

  Nice try, douchebag.

FOX is progressive propaganda, you can stop hiding from the boogieman.