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84Buff

Joined: 00/00/0000 Posts: 4023
Likes: 3749


No


Refineries run on very long term planning, and there will not ne am. If the federal government undid the actions of intentionally damaging the domestic oil industry, in time they may respond. Right now the federal government cannot be trusted with anything it says. Unless and until Biden's destructive actions are reversed and the messaging with it, we're all screwed with high prices.

Biden gave the Oil & Gas industry an unprecedented F U, they responded accordingly, and it is essentially too late for him to do anything about it that will make much of an impact until he leaves office.

Remember he campaigned on shutting down the oil and gas industry, it's really one of the few things he set out to accomplish that is clearly on track.

(In response to this post by BACKinBLACK)

Posted: 06/23/2022 at 4:49PM



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Current Thread:
  I agree - no real value there - but he’s trying -- cswilliam 06/23/2022 2:03PM
  No, oil is $100/barrel. -- BACKinBLACK 06/23/2022 1:33PM
  Refining capacity limited ** -- 84Buff 06/23/2022 4:16PM
  More than in 2008,2010-2014? -- BACKinBLACK 06/23/2022 4:39PM
  No -- 84Buff 06/23/2022 4:49PM
  So, the nation suffers because the oil companies are -- buffaloaded 06/23/2022 8:12PM
  I didn't say that -- 84Buff 06/24/2022 09:00AM
  Biden's exec order -- 84Buff 06/24/2022 09:13AM
  I don’t know. It happened around the same time, but -- BACKinBLACK 06/24/2022 09:36AM
  What does it take to drill a new well? -- 84Buff 06/23/2022 5:58PM
  Thank you for explaining that. - B4E ** -- Buffs4Ever 06/23/2022 6:01PM
  So we are in the same page. -- BACKinBLACK 06/23/2022 5:09PM
  No they can't -- 84Buff 06/23/2022 5:21PM
  It seems to be a bemand/supply issue. -- Uppstate 06/23/2022 2:58PM
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