Former President Donald Trump had bragged about his success in opening the region to oil production after decades of political fighting over the resources locked under the tundra there.
Former President Donald Trump had bragged about his success in opening the region to oil production after decades of political fighting over the resources locked under the tundra there.
god damn it. what a worthless president. congrats democrats, you get $5 gas while financially supporting Russia and our other global adversaries. Traitors all of you.
Protecting our fragile lands has nothing to do with Russia lol
Russian oil does burn just as clean as our own I suppose. With a slight scent of Ukrainian blood though.
Crude oil is not one thing. That’s like saying all water is the same. https://oilprice.com/Energy/Crude-Oil/A-Detailed-Guide-On-The-Many-Different-Types-Of-Crude-Oil.html https://www.thebalancemoney.com/the-basics-of-crude-oil-classification-1182570#toc-factors-that-impact-crude-oil-prices
Yes I understand, It would be more efficient to use more US oil since in general it’s predominantly the “Sweet” type meaning a higher density of fuel, but even tar sands can be made into fuel too.
You do realize trump is OK with putin’s war in Ukraine?
So is Biden and anyone who supports exporting less oil in the US causing more oil sales in places like Russian.
Peanuts compared to the republicans who want to drop the sanctions and would actively cooperate with putin to fix oil prices
That’s a drop in the bucket that’d come from an indirect consequence of wanting to curb climate change
Get your thoughts in order
Well if you are fine with supporting Russians killing more Ukrainians by increasing the demand for their natural resources then who am I to judge.
The fact that you associate gas prices with the president proves how much of a gullible moron you are.
You realize the gas companies have had record breaking profits, right? It’s greed, nothing more
Heck yeah it is. I moved a bunch of money into oil when it bottomed out at the start of covid and its more than trippled. The only thing that would have been a better investment was big pharma. That being said, I’d rather that profit stay with US companies and investors than go to Russians, Iranians, and Saudis.
I’d rather the “profits” stay in the pockets of every American citizen
See, that’s where we’re different. You pretend to be upset about Americans paying more at the pump, but are actually selfish and only care about a handful of Americans getting richer
Russian oil is down 24% YOY
https://www.barrons.com/market-data/stocks/rosn?countrycode=ru
Yep, that’s because the major oil buying nations realized they couldn’t survive without buying some Russian oil, and signed an agreement to only buy it for I think it was exactly 25% under current market value. So if this war ever ends I’m sure Russian oil will rebound. If countries had stuck to their promise to never buy Russian oil it would be way lower than that.
Comments like this is why the rest of the world thinks the USA is a country formed by idiots.
Idk, protecting the environment and forgoing new fossil fuel extraction sounds like a pretty big W to me, dawg.
For the Saudis and Russians, sure.
Did you know there are more ways to harness energy than burning decomposed dinosaurs?
Yeah but Dino squeezing are better than unicorn farts!
ROFL! You perfectly captured the ignorance of every trump-humping coward I’ve ever talked to! Bravo!
I do love me some parody. Well played man! Only, next time- don’t forget the /s so we all know you’re not an idiot.
I don’t recall pledging allegiance to Exxon or the house of Saud. Maybe the traitor is you!
That’s what this move does. We can get our oil from ourselves or from them, your choice, but it’s going to be one of them.
Balls to that. We need to get off of oil entirely.
I think what you’re saying is we should be energy independent, right?
I don’t disagree with that sentiment, but I disagree on where that energy comes from. We should have invested in BOTH getting off of hostile nation energy sources AND alternatives to oil decades ago. Yet here we are. Both parties are to blame for this, yet only one of them seems to be pushing for non-oil energy independence.
We were energy independent up until a couple years ago, a net exporter even. Alternatives are fine, but we aren’t going to all park our gas cars for 20 years while we wait for a cheap and plentiful alternative to take its place.
We are currently a net exporter of oil. We are also still currently energy-independent
https://www.eia.gov/tools/faqs/faq.php?id=727&t=6#:~:text=The resulting total net petroleum,million b%2Fd in 2022.
You’re mad about things that are not true.
Yeah, but we got there by shale oil which is ruining our water supply and raping the future land for the present. Hot take. Let’s build more nuclear if energy independence is really the goal. Fossil Fuels are killing us.
I don’t think that is realistic either. We’re in a transition period and most people still drive gas powered cars. It could take 20 years like you said, or it could take 50.
That said, going back to the article here, the Arctic National Wildlife Refuge doesn’t currently have a lot of oil producing wells on it (if any at all). This is mostly due to the remote area, lack of infrastructure such as roads to get the oil out, and cost vs benefit analysis done by the oil companies. Blocking the drilling is really just slowing down -expansion- of oil production and does nothing to our current production levels.
Damn it, did Biden lean on the gas prices lever in the Oval Office again?
What a troll. This has nothing to do with that.
We got by without those lands and we can do it again. Or are you too much of a snowflake to handle it?
Read the room. Gas is likely going to get much more expensive in the next few decades, and that’s probably for the best. If you don’t like it then get an electric car.
It’s going to be more expensive due to an artificial scarcity. There is an abundance of oil, we’re just not drilling for enough of it
Nothing was going to come of this, anyway.
Oil companies themselves are not building wells anymore, or exploring for new ones. Lease auctions are just sitting there with no bids. Very little of it has to do with politics; it’s all about the payback not being there in the long run combined with the risk of another bust in the short run. Only the wells with a high chance of generating profit are getting the green light.
maybe, maybe not. They certainly aren’t going to try to develop better methods and technology to drill there if there’s now no chance to do so. Financially I don’t mind $5 gas, I’m sure many people will mind though. I have a problem with conflicting government polices to both fund the fight against Russia, and also ones that will directly fund Russia to fight.
Policies aren’t causing high gas prices. That’s the whole point, here. The industry isn’t interested in developing new wells for reasons other than government policies.
The countries now buying Russian oil are the likes of China and India. US production isn’t going to be fueling either of them.
a lot of countries are buying Russian oil not just those 2. many of them backed off on the boycotts already and signed some agreement to buy russian oil, but only at “below market rates” to make themselves feel better.
America already makes more oil than it uses.
Can we send luckyhunter to another country please
And his kids to a cobalt mine since it’s no big deal apparently
I’m not American. Explain to me how that works please.
If the oil isn’t coming out of the ground here in America, it’s going to come out of the ground somewhere else, like Russia.
But what about your #1 foreign supplier of oil? Canada.
I love those guys. OPEC is likely to be able to respond faster with production though.
So what’s your stance on us support for Ukraine?
I wish them the best. We should stop sending money and equipment to them and focus on rebuilding East Palestine and Lahaina instead.
Lolol