Riddle me this, Batman...

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nolaxride
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Riddle me this, Batman...

Post by nolaxride » Thu Mar 28, 2024 6:42 pm

If Biden's climate initiatives are so bad for the country, why is the US producing record amounts of oil and natural gas?

Biden’s oil boom
How fossil fuels thrived despite the White House's climate policies

The counter-intuitive fossil fuel boom under Biden reflects an awkward truth for his supporters and detractors alike ahead of the November elections, proving that what happens in globally interconnected markets like oil and gas is often well outside the immediate control of the person in the White House.

In Biden's case, Russia's invasion of Ukraine pushed oil and gas prices so high that many producers worldwide made record profits, not just those in the United States. The global economic recovery that followed the darkest days of the COVID pandemic also rapidly pumped up demand for fossil fuels.

The profits of the top five publicly traded oil companies, for example — BP, Shell, Exxon, Chevron, and TotalEnergies — amounted to $410 billion during the first three years of the Biden administration, a 100% increase over the first three years of Donald Trump’s presidency, according to data compiled by Reuters.

The rest:

https://www.reuters.com/graphics/USA-BI ... pdngrgkpo/
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thelionofthenorth
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Re: Riddle me this, Batman...

Post by thelionofthenorth » Thu Mar 28, 2024 9:03 pm

Record produced oil and gas, and record profits for the oil and gas producers, and trumllings keep lying that somehow Biden policies are stifling the industry.
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Chester Cheesewright
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Re: Riddle me this, Batman...

Post by Chester Cheesewright » Thu Mar 28, 2024 9:42 pm

thelionofthenorth wrote:
Thu Mar 28, 2024 9:03 pm
Record produced oil and gas, and record profits for the oil and gas producers, and trumllings keep lying that somehow Biden policies are stifling the industry.
► Biden can keep up with Pesky in the oil dep't

And settle more jews, too

That's for sure
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► Watching fat cats get taxed touches the very depths of a Republican’s soul

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nolaxride
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Re: Riddle me this, Batman...

Post by nolaxride » Fri Mar 29, 2024 12:40 pm

Chester Cheesewright wrote:
Thu Mar 28, 2024 9:42 pm
thelionofthenorth wrote:
Thu Mar 28, 2024 9:03 pm
Record produced oil and gas, and record profits for the oil and gas producers, and trumllings keep lying that somehow Biden policies are stifling the industry.
► Biden can keep up with Pesky in the oil dep't

And settle more jews, too

That's for sure
What is the connection between oil production and Jewish settlements?
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donttreadonme
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Re: Riddle me this, Batman...

Post by donttreadonme » Fri Mar 29, 2024 1:07 pm

The MAGAts ran away from this one. :whistle:
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Chester Cheesewright
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Re: Riddle me this, Batman...

Post by Chester Cheesewright » Fri Mar 29, 2024 1:43 pm

nolaxride wrote:
Fri Mar 29, 2024 12:40 pm
Chester Cheesewright wrote:
Thu Mar 28, 2024 9:42 pm
thelionofthenorth wrote:
Thu Mar 28, 2024 9:03 pm
Record produced oil and gas, and record profits for the oil and gas producers, and trumllings keep lying that somehow Biden policies are stifling the industry.
► Biden can keep up with Pesky in the oil dep't

And settle more jews, too

That's for sure
What is the connection between oil production and Jewish settlements?
► You tell me, Bozo

I never heard of it
0 x
► Watching fat cats get taxed touches the very depths of a Republican’s soul

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