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Oil Price Increases After Biden Shuts Down Drilling Permits Again

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Yesterday $3.79. Today $4.09. Oh well. Don't like it. But nothing I can do to change it. Life goes on. Just more expensive.
 
Just curious about oil, fuel, NATO and Ukraine. If they carry out the no fly zone, does NATO have enough battery powered aircraft? There will never be a better opportunity to show the world that dictators can be punished while being carbon neutral.
 
I cannot believe that Biden is on TV trying to convince that the oil companies are responsible because they are not drilling and that the solution to high gas prices is energy independence. By increasing use of electric cars and green energy. Completely delusional. He stood up there and outright lied.
 
I cannot believe that Biden is on TV trying to convince that the oil companies are responsible because they are not drilling and that the solution to high gas prices is energy independence. By increasing use of electric cars and green energy. Completely delusional. He stood up there and outright lied.
$6.00 Here and Biden is like a firemen who is also and arsonist. Our Big Rig Drivers are dying out here as Diesel fuel is almost the same as gasoline and the average 18 wheeler get 6 miles a gallon. These price increases are going to really inflate the entire supply chain and whats delivered. Almost like Biden timed this nightmare to divert and pivot his lost war on Covid-19 .WASHINGTON (AP) — President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, but he acknowledged it will bring costs to Americans, particularly at the gas pump.
 
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Nickel.jpg


That won't make an EV cheaper.
 
It ain't all bad:
"...at around $80 a barrel the Bakken oil fields become more stable between costs and profits. So, at current prices, the Montana Petroleum Association is seeing a growing interest in restarting idled wells in the Bakken oil fields in eastern Montana.

However, a lack of workers and supply chain shortages getting oil flowing again has presented quite a challenge."
 
It ain't all bad:
"...at around $80 a barrel the Bakken oil fields become more stable between costs and profits. So, at current prices, the Montana Petroleum Association is seeing a growing interest in restarting idled wells in the Bakken oil fields in eastern Montana.

However, a lack of workers and supply chain shortages getting oil flowing again has presented quite a challenge."
No worries in 6 to 8 weeks Biden may be stepping down as even his followers are now getting fed up:)
 
Cobalt.jpg
Or this:

Fun story. Maybe EVs will just be too expensive for 95% of the population to ever buy.

“I weigh one thousand pounds, and as you see, I am about the size of a travel trunk.” NM’s lights showed he was serious. “I contain twenty-five pounds of lithium, sixty pounds of nickel, 44 pounds of manganese, 30 pounds cobalt, 200 pounds of copper, and 400 pounds of aluminum, steel, and plastic. Inside me are 6,831 individual lithium-ion cells.

“It should concern you that all those toxic components come from mining. For instance, to manufacture each auto battery like me, you must process 25,000 pounds of brine for the lithium, 30,000 pounds of ore for the cobalt, 5,000 pounds of ore for the nickel, and 25,000 pounds of ore for copper. All told, you dig up 500,000 pounds of the earth’s crust for just – one – battery.”

He let that one sink in, then added, “I mentioned disease and child labor a moment ago. Here’s why. Sixty-eight percent of the world’s cobalt, a significant part of a battery, comes from the Congo. Their mines have no pollution controls, and they employ children who die from handling this toxic material. Should we factor in these diseased kids as part of the cost of driving an electric car?”

 
No worries in 6 to 8 weeks Biden may be stepping down as even his followers are now getting fed up
While it won’t happen, the laughing idiot would be even worse. My uneducated guess is if things don’t improve drastically between now and November the Dems will lose control of the House and Senate and Biden will be a two year lame duck or he and his fellow Dems will need to fight like hell and seriously compromise to get even a small bit of their agenda passed.
 
While it won’t happen, the laughing idiot would be even worse. My uneducated guess is if things don’t improve drastically between now and November the Dems will lose control of the House and Senate and Biden will be a two year lame duck or he and his fellow Dems will need to fight like hell and seriously compromise to get even a small bit of their agenda passed.
Yeah the joke is when Biden was looking for a running mate his aides suggested Kamala Harris as she would be a 100% guaranteed life insurance policy that nobody would try and take him out and have him replaced by Kamala Harris. God so true I cant imagne how much more-damage she could do even worse than Biden.
 
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