Monday, March 7, 2022

Oil

 Biden Mulls Trip to Saudi Arabia to Beg For More Oil as He Shuts Down Domestic Drilling: Report

This is biden's plan. Make the whole world run out of oil, so that we are the only country left with any. Then they have to kowtow to all our wants and needs. 

Evil genius.

7 comments:

  1. The only thing Biden mulls over is what flavor if ice cream to get next.
    He just awaits orders from above.
    Spring? that's two weeks away, minimum. No immediate relief for Americans.
    The Saudis are not stupid, if that is the plan.

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    1. I know, just pullin joes chain a little bit. He is one stir short of homemade icecream isn't he?

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  2. I wish that were the case. Big oil gonna make big money and campaign contributions before mid terms. I think little people gonna get big pissed off and make their own big contributions in the same direction.

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  3. It's not, it's controlled by futures contracts. Kind of dumb that people like the "blame" gas prices on politics. It's simply supply/demand, and the price people refer to is actually the futures contracts pricing. With oil prices high the US (which is already the #1 producer of oil) can now tap the shale oil fields. Typically it doesn't make economic sense to do that until oil reaches about $85 a barrel, so now we can once again start to ramp up production at the current rate. Already seeing this happening in the ND and CO basins.

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    1. And cutting off OUR supply creates less supply for us and the world. Which raises the price. And if nobody will increase their production to save us from needing Russian oil, I guess we can just pay what the Russians demand.

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  4. Until the time these countries say no and mean it. I think it will be good countries reject us, we pull back into an isolationist stance and quit sending military, military hardware and money, technology. Send everyone not a citizen and that includes residents and foriegn students back and get our house in order.

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    1. You Know that is just not gonna happen, at least not while lefties are running it. The insanity of reversing Trump policies and watching it go to crap, but refuse to take the lesson and go back to what was working is something they won't do..
      And the Buttigeg says
      Wonderful opportunity to race into electric cars.

      While snickering at the idea of drilling and finishing Keystone, because
      We don't believe that can be accomplished quickly enough.

      It's mind boggling how they manage to destroy, tell us how good they are making it, and enough idiots believe it to keep them insulated from the consequences such actions should bring.

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