Re: biden banned russian oil imports....
[Re: Marty]
#7521809
03/08/22 07:55 PM
03/08/22 07:55 PM
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Joined: Dec 2006
Posts: 29,888 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,888
williamsburg ks
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Something sure aint right. Getting money from oil producers for new leases, then telling them they can not use those leases, sounds like some of the stuff blm pulls on grass leases. Bidet does constantly talk about the green house gas fantasy. Wants to quit using fossil fuel. If people cant afford it they don't burn it. Seems like a no brainer to me at least.
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: biden banned russian oil imports....
[Re: Marty]
#7521811
03/08/22 07:56 PM
03/08/22 07:56 PM
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Joined: Dec 2006
Posts: 29,888 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,888
williamsburg ks
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As long as Buffet is hauling oil by train, they won't open the pipeline. It's pay to play politics at it's finest. Makes sense to me. I cant pay for a presidential run.
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: biden banned russian oil imports....
[Re: danny clifton]
#7521814
03/08/22 08:01 PM
03/08/22 08:01 PM
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Joined: Nov 2010
Posts: 579 Iowa
beeman
trapper
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trapper
Joined: Nov 2010
Posts: 579
Iowa
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Any chance Brandon turns American producers loose? Opens up Keystone, approves a few more refineries, ? Or do we need to prepare for extended depression II? Keystone pipeline is pumping as much oil as it ever has. Over 9,000 oil leases not being used by the oil companies. Oil wells not pumping because price of oil is to low. What refineries are you talking about that need approval. Enlighten us.
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Re: biden banned russian oil imports....
[Re: beeman]
#7521817
03/08/22 08:02 PM
03/08/22 08:02 PM
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Joined: Feb 2010
Posts: 19,719 pa
hippie
trapper
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trapper
Joined: Feb 2010
Posts: 19,719
pa
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Any chance Brandon turns American producers loose? Opens up Keystone, approves a few more refineries, ? Or do we need to prepare for extended depression II? Keystone pipeline is pumping as much oil as it ever has. Over 9,000 oil leases not being used by the oil companies. Oil wells not pumping because price of oil is to low. What refineries are you talking about that need approval. Enlighten us. Not being used, wonder why??? https://abcnews.go.com/Business/wireStory/biden-halts-oil-gas-leases-amid-legal-fight-83047602
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Re: biden banned russian oil imports....
[Re: Marty]
#7521820
03/08/22 08:07 PM
03/08/22 08:07 PM
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Joined: Dec 2006
Posts: 29,888 williamsburg ks
danny clifton
"Grumpy Old Man"
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"Grumpy Old Man"
Joined: Dec 2006
Posts: 29,888
williamsburg ks
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We need a few more beeman. I am not aware of any being proposed right now. I dont think they would have gotten permits under Trump. Also what happens if they are not permitted to finish one or fire it up? Fed has too much authority. Constitution doesn't say business men need permission to build a business but somehow thats the world we live in.
Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
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Re: biden banned russian oil imports....
[Re: hippie]
#7521827
03/08/22 08:19 PM
03/08/22 08:19 PM
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Joined: May 2018
Posts: 207 West coast Wisconsin
50fps
trapper
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trapper
Joined: May 2018
Posts: 207
West coast Wisconsin
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You guys are way to hung up on keystone. Bad decision to stop it, but not a big factor in price. Number 1. Did the Biden administration ban fracking? Number 2. Did the Biden Administration stop selling Oil leases on Federal land? Number 3. Can U.S. production reduce price? Biden is Senile, who cares what he says? Half a million barrels stopped here, half a million stopped there and you got what the idiot is trying to fix right now. Line 5 is capable of over 500,000 barrels a day. The greenies and tribes keep holding it up. Fwiw, you could have 100,000 leases out there, but if they are not permitted it isn't going to do any good and even if they are, why would the oil companies take the financial risk under this administration to start up only to have it shut down after a substantial expenditure?
Last edited by 50fps; 03/08/22 08:27 PM.
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Re: biden banned russian oil imports....
[Re: white17]
#7521848
03/08/22 08:39 PM
03/08/22 08:39 PM
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Joined: May 2010
Posts: 10,485 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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This so called 'ban' on Russian oil won't have much if any impact on Putin's behavior. Biden could have really put the hurt on Putin by slapping sanctions on every bank, insurance company or shipper world-wide that engages in any transaction with Russian oil producers. Of course the Euroweenies wouldn't stand for that.
At this point, whatever we don't buy the Chinese will make up for. Depending on the day Russia is the 2nd largest oil producing country in the world, the market needs it regardless of who buys it. The US has to be careful with sanctions, go to far and it could put the reserve currency in jeopardy.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: biden banned russian oil imports....
[Re: Marty]
#7521853
03/08/22 08:41 PM
03/08/22 08:41 PM
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Joined: May 2010
Posts: 10,485 MN
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,485
MN
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There is an ancient Chinese curse that says "may you live in interesting times". It's only just starting to get interesting
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: biden banned russian oil imports....
[Re: Providence Farm]
#7521857
03/08/22 08:45 PM
03/08/22 08:45 PM
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Joined: Feb 2008
Posts: 1,409 WI
BvrRetriever
trapper
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trapper
Joined: Feb 2008
Posts: 1,409
WI
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I need to run the #'s closer but ball parking it buying moms condo will save me enough in gas to pay for the condo and condo fees vs driving to my other house I stay at when working. Add in the price I can get it for it's start to look like a no brainer. Not trying to defend what’s going on but you must spend most of your day on the road if you’re able to make a condo payment with the savings. You might even consider renting!
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Re: biden banned russian oil imports....
[Re: BvrRetriever]
#7522048
03/08/22 11:24 PM
03/08/22 11:24 PM
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Joined: Feb 2020
Posts: 8,965 Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Posts: 8,965
Indiana
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I need to run the #'s closer but ball parking it buying moms condo will save me enough in gas to pay for the condo and condo fees vs driving to my other house I stay at when working. Add in the price I can get it for it's start to look like a no brainer. Not trying to defend what’s going on but you must spend most of your day on the road if you’re able to make a condo payment with the savings. You might even consider renting! Not just in the fuel savings but also the time. With the extra time I can cook saving another few hundred in fast food a month. It would save a tank a week minimum so 240 a month + 50 a week on junk to eat= 440 add in oil changes, tires, and having another 1.5 hrs a day not driving. And it evens out because I would only be paying what she owes on it not what is worth. About 24k is all. So a good investment without the additional savings. It it were mine it would get black out curtains, sound proffing and I would not have mom moving around or feeling like she has to leave her house so I can sleep. She is moving to another larger condo in the same building but it over looks the pool and will have much more noise in the summer during the day and the bedrooms are on the pool side. I live 110 miles from work but rent my old house that's 50 min from work to the inlaws and keep a bedroom where I stay when working. I stay at moms sometime when I'm on day shift but can't sleep there well when on night shift. When I stay at moms use a tank a week less but still buy food cuz you don't want to eat my mother's cooking and she will attempt to cook for me if I cook once thinking she is helping out. Guess the bright side is I would loose some weight.
Last edited by Providence Farm; 03/08/22 11:26 PM.
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Re: biden banned russian oil imports....
[Re: Steven 49er]
#7522634
03/09/22 02:07 PM
03/09/22 02:07 PM
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Joined: May 2016
Posts: 3,528 Southern Illinois
Foxpaw
trapper
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trapper
Joined: May 2016
Posts: 3,528
Southern Illinois
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There is an ancient Chinese curse that says "may you live in interesting times". It's only just starting to get interesting What ever happened to "buy the rumor sell the news".
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Re: biden banned russian oil imports....
[Re: beeman]
#7522682
03/09/22 02:37 PM
03/09/22 02:37 PM
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Joined: Dec 2006
Posts: 15,725 MN, Land of 10,000 Lakes
Trapper7
trapper
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trapper
Joined: Dec 2006
Posts: 15,725
MN, Land of 10,000 Lakes
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Any chance Brandon turns American producers loose? Opens up Keystone, approves a few more refineries, ? Or do we need to prepare for extended depression II? Keystone pipeline is pumping as much oil as it ever has. Over 9,000 oil leases not being used by the oil companies. Oil wells not pumping because price of oil is to low. What refineries are you talking about that need approval. Enlighten us. 9,000 oil leases, many of them dry. Many oil companies not pumping right now because of the initial start up investment and they are concerned about Biden pulling the rug out from under them like he did when he took office. He shut off drilling in ANWAR and other federal lands that Trump had opened up. Biden has issued no new permits allowing further oil exploration.
The difference between animals and humans is that animals would never let the dumbest ones lead the pack.
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