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Re: biden banned russian oil imports.... [Re: Marty] #7521802
03/08/22 07:49 PM
03/08/22 07:49 PM
Joined: May 2010
Posts: 2,707
The great cage state Colorado
M
Monster Toms Offline
trapper
Monster Toms  Offline
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Joined: May 2010
Posts: 2,707
The great cage state Colorado
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.






Re: biden banned russian oil imports.... [Re: Marty] #7521809
03/08/22 07:55 PM
03/08/22 07:55 PM
Joined: Dec 2006
Posts: 29,750
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
Posts: 29,750
williamsburg ks
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)
Re: biden banned russian oil imports.... [Re: Marty] #7521811
03/08/22 07:56 PM
03/08/22 07:56 PM
Joined: Dec 2006
Posts: 29,750
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
Posts: 29,750
williamsburg ks
Quote
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)
Re: biden banned russian oil imports.... [Re: Marty] #7521812
03/08/22 07:59 PM
03/08/22 07:59 PM
Joined: Aug 2012
Posts: 3,972
South Dakota
R
Rat Masterson Offline
trapper
Rat Masterson  Offline
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Joined: Aug 2012
Posts: 3,972
South Dakota
Heard today that not one oil lease has been permitted by the current administration since they took over. What a shocker.

Re: biden banned russian oil imports.... [Re: danny clifton] #7521814
03/08/22 08:01 PM
03/08/22 08:01 PM
Joined: Nov 2010
Posts: 578
Iowa
B
beeman Offline
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Joined: Nov 2010
Posts: 578
Iowa
Originally Posted by danny clifton
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.

Re: biden banned russian oil imports.... [Re: beeman] #7521817
03/08/22 08:02 PM
03/08/22 08:02 PM
Joined: Feb 2010
Posts: 19,689
pa
H
hippie Offline
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hippie  Offline
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Joined: Feb 2010
Posts: 19,689
pa
Originally Posted by beeman
Originally Posted by danny clifton
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

Re: biden banned russian oil imports.... [Re: Marty] #7521820
03/08/22 08:07 PM
03/08/22 08:07 PM
Joined: Dec 2006
Posts: 29,750
williamsburg ks
D
danny clifton Offline
"Grumpy Old Man"
danny clifton  Offline
"Grumpy Old Man"
D

Joined: Dec 2006
Posts: 29,750
williamsburg ks
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)
Re: biden banned russian oil imports.... [Re: hippie] #7521827
03/08/22 08:19 PM
03/08/22 08:19 PM
Joined: May 2018
Posts: 207
West coast Wisconsin
50fps Offline
trapper
50fps  Offline
trapper

Joined: May 2018
Posts: 207
West coast Wisconsin
Originally Posted by hippie
Originally Posted by Dirt
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.
Re: biden banned russian oil imports.... [Re: Marty] #7521828
03/08/22 08:20 PM
03/08/22 08:20 PM
Joined: Feb 2010
Posts: 19,689
pa
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hippie Offline
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hippie  Offline
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H

Joined: Feb 2010
Posts: 19,689
pa
I checked, under Trump there was a permit to expand one refinery but permit was revoked last year under Biden.

https://thehill.com/policy/energy-e...n-permit-for-virgin-islands-oil-refinery

Re: biden banned russian oil imports.... [Re: Marty] #7521829
03/08/22 08:21 PM
03/08/22 08:21 PM
Joined: Aug 2012
Posts: 3,972
South Dakota
R
Rat Masterson Offline
trapper
Rat Masterson  Offline
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Joined: Aug 2012
Posts: 3,972
South Dakota
beeman ,Psaki's been omiting the truth, is that telling a lie.

Re: biden banned russian oil imports.... [Re: white17] #7521848
03/08/22 08:39 PM
03/08/22 08:39 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Originally Posted by white17
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.
Re: biden banned russian oil imports.... [Re: Marty] #7521853
03/08/22 08:41 PM
03/08/22 08:41 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
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.
Re: biden banned russian oil imports.... [Re: Providence Farm] #7521857
03/08/22 08:45 PM
03/08/22 08:45 PM
Joined: Feb 2008
Posts: 1,384
WI
B
BvrRetriever Online content
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BvrRetriever  Online Content
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Joined: Feb 2008
Posts: 1,384
WI
Originally Posted by Providence Farm
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!

Re: biden banned russian oil imports.... [Re: Steven 49er] #7521997
03/08/22 10:34 PM
03/08/22 10:34 PM
Joined: Dec 2021
Posts: 796
Alberta
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Norwestalta Offline
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Joined: Dec 2021
Posts: 796
Alberta
I'm a little skeptical of these sanctions. Sure let's shut down Russian oil but we'll replace Russian oil with Iranian oil that comes from Russia. So what it costs Russia 10% to give to the Iranians at $120 per barrel they're doing well and it will keep the war machine going. Sanctions might mean something different if we had that new pipeline but some mush head decided to veto it.

Re: biden banned russian oil imports.... [Re: BvrRetriever] #7522048
03/08/22 11:24 PM
03/08/22 11:24 PM
Joined: Feb 2020
Posts: 8,860
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
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Joined: Feb 2020
Posts: 8,860
Indiana
Originally Posted by BvrRetriever
Originally Posted by Providence Farm
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.
Re: biden banned russian oil imports.... [Re: Marty] #7522083
03/08/22 11:56 PM
03/08/22 11:56 PM
Joined: Jun 2015
Posts: 4,951
rogers city mi.
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jeff karsten Offline
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Joined: Jun 2015
Posts: 4,951
rogers city mi.
Hope Texas is prepared for this spring


olden tyred
Re: biden banned russian oil imports.... [Re: Marty] #7522120
03/09/22 01:19 AM
03/09/22 01:19 AM
Joined: Dec 2006
Posts: 625
AK / ND
A
aknome Offline
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Joined: Dec 2006
Posts: 625
AK / ND
Diggerman, You are correct. 2019. Sort of precovid. And preBiden as well.

Re: biden banned russian oil imports.... [Re: Steven 49er] #7522634
03/09/22 02:07 PM
03/09/22 02:07 PM
Joined: May 2016
Posts: 3,491
Southern Illinois
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Foxpaw Offline
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Joined: May 2016
Posts: 3,491
Southern Illinois
Originally Posted by Steven 49er
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".

Re: biden banned russian oil imports.... [Re: Marty] #7522657
03/09/22 02:23 PM
03/09/22 02:23 PM
Joined: Jul 2008
Posts: 2,874
Adirondacks, NY
Fisher Man Offline
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Fisher Man  Offline
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Joined: Jul 2008
Posts: 2,874
Adirondacks, NY
Biden is blaming Putin for these prices. He likes to blame others than himself. No one person should have this much power.

Re: biden banned russian oil imports.... [Re: beeman] #7522682
03/09/22 02:37 PM
03/09/22 02:37 PM
Joined: Dec 2006
Posts: 15,586
MN, Land of 10,000 Lakes
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Trapper7 Offline
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MN, Land of 10,000 Lakes
Originally Posted by beeman
Originally Posted by danny clifton
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.


I don't care how nice the hand soap smells, you should never walk out of the restroom sniffing your fingers.
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