Anler Posted June 24, 2022 Share Posted June 24, 2022 (edited) Perhaps Biden is going to let you put wind in your gas tanks. Edited June 24, 2022 by Anler Quote Link to comment Share on other sites More sharing options...
Anler Posted June 24, 2022 Author Share Posted June 24, 2022 Or maybe you could put a sail on your car and let the wind blow you around? I don't know but he must be up to something great. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted June 24, 2022 Platinum Contributing Member Share Posted June 24, 2022 We’ll, he is full of hot air so….. Quote Link to comment Share on other sites More sharing options...
Anler Posted June 24, 2022 Author Share Posted June 24, 2022 8 minutes ago, Skidooski said: We’ll, he is full of hot air so….. yeah but he is working on stuff Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted June 24, 2022 Platinum Contributing Member Share Posted June 24, 2022 2 minutes ago, Anler said: yeah but he is working on stuff Sure he is 2 Quote Link to comment Share on other sites More sharing options...
Anler Posted June 24, 2022 Author Share Posted June 24, 2022 5 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 24, 2022 Platinum Contributing Member Share Posted June 24, 2022 2 hours ago, Anler said: Or maybe you could put a sail on your car and let the wind blow you around? I don't know but he must be up to something great. 1 Quote Link to comment Share on other sites More sharing options...
Snake Posted June 24, 2022 Share Posted June 24, 2022 He's doing everything he can to lower gas prices, just not meeting with the people who impact it most. Can't... make.. it... up... 1 Quote Link to comment Share on other sites More sharing options...
Cold War Posted June 24, 2022 Share Posted June 24, 2022 Jan 6 ….. brah. Watch the video!!! 2 Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted June 24, 2022 Share Posted June 24, 2022 Question! Why would any oil & gas company want to invest in expanding extraction & refining capacity when the current leadership calls for the reduction and destruction of your industry on a daily basis? 2 2 Quote Link to comment Share on other sites More sharing options...
Doug Posted June 25, 2022 Share Posted June 25, 2022 2 5 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 25, 2022 Share Posted June 25, 2022 Oh fuck, irv is going to stroke out. 2 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted June 25, 2022 Share Posted June 25, 2022 4 hours ago, racinfarmer said: Question! Why would any oil & gas company want to invest in expanding extraction & refining capacity when the current leadership calls for the reduction and destruction of your industry on a daily basis? Why would they want to expand when they’re making record profits with no additional investment-while facing a large labor shortage? Not to mention a looming recession where oil prices are going to plunge. 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted June 25, 2022 Gold Member Share Posted June 25, 2022 Wind power execs are oil execs. Oil companies have large wind holdings. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 25, 2022 Platinum Contributing Member Share Posted June 25, 2022 14 hours ago, Anler said: Or maybe you could put a sail on your car and let the wind blow you around? I don't know but he must be up to something great. Curing cancer. Quote Link to comment Share on other sites More sharing options...
Snake Posted June 25, 2022 Share Posted June 25, 2022 6 hours ago, BOHICA said: Wind power execs are oil execs. Oil companies have large wind holdings. With the amount of oil they take, it's a no brainer... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted June 25, 2022 Platinum Contributing Member Share Posted June 25, 2022 9 hours ago, spin_dry said: Why would they want to expand when they’re making record profits with no additional investment-while facing a large labor shortage? Not to mention a looming recession where oil prices are going to plunge. They wanted to expand, the Biden administration shut down refinery expansions...I mean we had this conversation 3 days ago.. You ok?? Cuz you don't seem to be remembering stuff as of late, even stuff you post a few days later.. 1 Quote Link to comment Share on other sites More sharing options...
Doug Posted June 25, 2022 Share Posted June 25, 2022 8 hours ago, BOHICA said: Wind power execs are oil execs. Oil companies have large wind holdings. With the high degree wind is supplemented from the government just gives oil companies more profits. The government needs to take away the supplements for wind, solar plus the tax breaks for purchasing EV to show the real cost. Why should tax payer dollars and tax breaks be supplementing these? Quote Link to comment Share on other sites More sharing options...
1jkw Posted June 25, 2022 Share Posted June 25, 2022 Maybe he didn't know he wasn't talking to oil executives. 1 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 25, 2022 Platinum Contributing Member Share Posted June 25, 2022 (edited) 1 hour ago, Rigid1 said: They wanted to expand, the Biden administration shut down refinery expansions...I mean we had this conversation 3 days ago.. You ok?? Cuz you don't seem to be remembering stuff as of late, even stuff you post a few days later.. Since the start of the pandemic two years ago, refineries with a combined capacity of over 1 million bpd have been shuttered, Bloomberg reported. Globally, some 2.13 million bpd in refining capacity has been shut down since 2020. 🤷🏻 American refinery capacity has been on the decline in recent years, according to Fuels Market News latest Refinery Capacity Report.The report found that operable atmospheric crude oil distillation capacity in the U.S. fell from 19 million barrels per calendar day at the start of 2020 to 18.1 million at the start of 2021. It marked the first decrease in refinery capacity since 2017, the report noted. Much of that dip in output can be blamed on refinery closures such as the one in Houston, with the report noting that five facilities shuttered during 2021, including the Shell refinery in Convent, Louisiana. Other states that saw a refinery closure include New Mexico, California, North Dakota, and Wyoming. Citgo Lake Charles refinery While some refinery closures have been blamed on pandemic market conditions that led to a decrease in demand for fuel, others believe the closures will only accelerate in the future. Phil Flynn, a senior account executive/market analyst at the Price Futures Group and FOX Business contributor, warned that strict regulation under the Biden administration will continue to put pressure on refineries to stay in business. I understand Bidens role in all of this but there are other factors including oil and refinery companies reluctance to invest in refineries that are costly and won’t provide a return on investment for 10 plus years not to mention the volatility in the fossil fuels sector worldwide….or #FJB and Let’s Go Brandon…whatever floats your boat.🤣👍🏼 Edited June 25, 2022 by Jimmy Snacks 1 Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted June 25, 2022 Gold Member Share Posted June 25, 2022 1 hour ago, Rigid1 said: They wanted to expand, the Biden administration shut down refinery expansions...I mean we had this conversation 3 days ago.. You ok?? Cuz you don't seem to be remembering stuff as of late, even stuff you post a few days later.. Exhaust fumes from his Van are getting to Him again. Quote Link to comment Share on other sites More sharing options...
Cold War Posted June 25, 2022 Share Posted June 25, 2022 No worries on how much he is golfing. Thats a plus! Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted June 25, 2022 Gold Member Share Posted June 25, 2022 1 hour ago, Doug said: With the high degree wind is supplemented from the government just gives oil companies more profits. The government needs to take away the supplements for wind, solar plus the tax breaks for purchasing EV to show the real cost. Why should tax payer dollars and tax breaks be supplementing these? GM and Tesla don’t have tax credits on any of their EV’s. Toyota hit the magic number for phase out and ford is close. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted June 25, 2022 Share Posted June 25, 2022 https://tradingeconomics.com/united-states/oil-exports dog whistles... the biggest factor by far in relation to current oil prices is Russia. if you don't like current gas prices, maybe.... drive slower, consolidate your travels more wisely or just stay home? all these challenging first world trials and tribulations we must endure... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Rigid1 Posted June 25, 2022 Platinum Contributing Member Share Posted June 25, 2022 1 hour ago, Jimmy Snacks said: Since the start of the pandemic two years ago, refineries with a combined capacity of over 1 million bpd have been shuttered, Bloomberg reported. Globally, some 2.13 million bpd in refining capacity has been shut down since 2020. 🤷🏻 American refinery capacity has been on the decline in recent years, according to Fuels Market News latest Refinery Capacity Report.The report found that operable atmospheric crude oil distillation capacity in the U.S. fell from 19 million barrels per calendar day at the start of 2020 to 18.1 million at the start of 2021. It marked the first decrease in refinery capacity since 2017, the report noted. Much of that dip in output can be blamed on refinery closures such as the one in Houston, with the report noting that five facilities shuttered during 2021, including the Shell refinery in Convent, Louisiana. Other states that saw a refinery closure include New Mexico, California, North Dakota, and Wyoming. Citgo Lake Charles refinery While some refinery closures have been blamed on pandemic market conditions that led to a decrease in demand for fuel, others believe the closures will only accelerate in the future. Phil Flynn, a senior account executive/market analyst at the Price Futures Group and FOX Business contributor, warned that strict regulation under the Biden administration will continue to put pressure on refineries to stay in business. I understand Bidens role in all of this but there are other factors including oil and refinery companies reluctance to invest in refineries that are costly and won’t provide a return on investment for 10 plus years not to mention the volatility in the fossil fuels sector worldwide….or #FJB and Let’s Go Brandon…whatever floats your boat.🤣👍🏼 But his administration shut down refineries who wanted to invest and expand production, the one in the US Virgin Islands for example that wanted to expand production and invest in US oil pumped out of the Gulf approved by the Trump administration and immediately squash by Bidens administration.. Spinner posted of another one in the US that would have refined more US oil..Those are facts that should not be ignored.. Quote Link to comment Share on other sites More sharing options...
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