October 29, 2021

Arguing with Idiots: Price of Oil Edition

Timothy Birdnow

Arguing with a dope who denies Biden is responsible for the increase in the price of gasoline.

Eric Henner says:

But ignoring Canadian oil.XL pipeline cancelled on his first day in office,

Robert Kurt Damrau takes exception:

Eric Henner that pipeline was not going to carry any oil for the unites states it was all going to china every single drop it can not be used here because of the amount of sulfur it contains American cars will not run on tar sand oil . the fact is biden has approved over 2100 oil leases on federal land since January and we are the largest producer of oil in the world since august 18.5 million barrels a day we are at the lowest import number on oil in 30 years we now produce 75 percent of our own oil and are exporting millions of barrels a day under a law that trump passed that allows American oil companies to sell our oil outside of the united states which they could not do before trump and irt goes to china were trump wanted it sold

I retort:

I see you don't cite your sources Robert Kurt Damrau. I rather suspect someone who hands out numbers without citing a source.

Biden most certainly tried to suspend oil and gas leases. https://www.cnbc.com/2021/01/27/biden-suspends-oil-and-gas-drilling-in-series-of.html He even appealed this in court. https://abcnews.go.com/Politics/wireStory/biden-admin-appeal-order-blocking-oil-gas-lease-79488580 BIDEN wanted to stop drilling. https://www.npr.org/2021/06/15/1006948814/bidens-ban-on-new-oil-and-gas-leases-is-blocked-by-a-federal-judge He canned all drilling in Alaska. https://www.nbcnews.com/business/energy/biden-suspends-oil-drilling-leases-alaska-s-arctic-refuge-n1269270 I suspect your claim is he was forced to renew drilling - not that he approved new drilling. Or we are to believe that Mr. Biden had some sort of change of heart?

This article https://abcnews.go.com/Business/wireStory/us-drilling-approvals-increase-biden-climate-pledge-78803956 admits Biden has changed his position - but only after the damage was done. I guess you missed that.

Biden also dragged his feet on the leases you brag about. https://headlineusa.com/biden-admin-disobeys-judges-order-drags-feet-on-oil-gas-leases/ Remember, these leases were already negotiated and were never supposed to have been canceled. You credit Biden with doing what he was obligated to do.

And oil imports have been dropping for years https://www.usnews.com/news/national-news/articles/2018-07-10/eia-us-net-oil-imports-to-drop-to-lowest-levels-in-60-years; Biden merely is riding this crest. But his actions are killing the oil and gas markets even while we are importing less oil.

As to your assertion that all the oil would be exported to China, why send it to the Gulf of Mexico and not California? It was going to refineries in the Gulf. IF it was intended for export to China the Canadians could have done it themselves. But WE were making the profit of refining this oil - not China. The overall market is important, not just what is sold here.

Even the left-wing Politifact says your claim is false. https://www.politifact.com/factchecks/2017/apr/16/kirsten-gillibrand/will-oil-keystone-xl-pipeline-stay-us/

Oh, and oil is used for more things than gasoline. Even if what you say is true about the sulfur  making it impossible to use it would still relieve us of having to use our low sulfur oil for plastics and whatnot.

As for the business about sulfur, I find no proof of your claim it cannot be used. It is just a matter of refining the sulfur out. Tar sand bitumen can indeed be refined as needed. Environmentalists just don't like the process.

The biggest thing Mr. Biden did to cause this price spike was promise to destroy the oil and gas industries via a return to the Paris Accord, as well as his promise to kill drilling on public lands. Oil and gas prices are based on futures, and if you frighten investors you wind up with the price of gas and oil skyrocketing. Couple that with his pissing off the Saudis over that Kashoggi business and he drove the price through the roof. He has also made it increasingly difficult for oil and gas companies to get the loans they need. https://www.foxbusiness.com/politics/gop-senators-warn-biden-administration-on-de-banking-energy-companies

Sorry, but this problem is entirely owned by Mr. Biden.

Oh, and who has been in bed with the Chinese? Hmm? It wasn't Trump. See https://nypost.com/article/hunter-biden-china-timeline-business-ties/ and https://www.newsweek.com/biden-administration-china-ties-reveal-deeper-disturbing-truth-opinion-1572589 and https://nypost.com/2021/09/25/joe-biden-and-china-on-a-collusion-course-goodwin/ and https://www.realclearpolitics.com/video/2021/09/26/peter_schweizer_senior_people_in_bidens_administration_and_family_have_financial_ties_to_china.html
I suppose you forgot that Trump imposed tariffs on China.

Posted by: Timothy Birdnow at 11:17 AM | Comments (4) | Add Comment
Post contains 680 words, total size 5 kb.

1 Good job, Tim. Dunno if it'll have any effect, but you gave it a good "go."

Posted by: Dana Mathewson at October 29, 2021 10:01 PM (6H7jI)

2 It won't stop this guy from believing what he chooses to believe, but it will perhaps convince others who do not know and are reading this for the first time.

If you let something like what he said stand without challenge the uninformed think he is right.

Posted by: Timothy Birdnow at October 30, 2021 07:28 AM (cpCws)

3 Glad you're out there doin' what you're doin', Brother!

Posted by: Dana Mathewson at October 30, 2021 09:03 PM (6H7jI)

4 Thanks Dana. Unlike most people I have not got much of a life...

Posted by: Timothy Birdnow at October 31, 2021 08:29 AM (HsSz+)

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