Posted on Feb 4, 2022
Gas prices jump in Keystone Pipeline cancellation fallout
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I don't like high gas prices!
Gas prices jump in Keystone Pipeline cancellation fallout
Posted from foxbusiness.com
Oil and Energy
Energy
Office of the President (POTUS)
Policy
Planning
Posted >1 y ago
Responses: 8
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Just watched FOX Sandra Smith try to get WH Economiy Advisor to answer what the administration was doing to lower energy costs. He had no answer, just changed the subject. That, in effect, was an answer. Nothing.
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Lt Col John (Jack) Christensen
Well there was this: https://www.cbsnews.com/news/oil-biden-strategic-petroleum-reserve-release/
I looked for the Fox News report on this but apparently they didn't cover it.
I looked for the Fox News report on this but apparently they didn't cover it.
Biden releasing oil from Strategic Petroleum Reserve to help lower gas prices
The administration has been pushing China, India, Japan and South Korea to join in a coordinated effort to release reserves of crude oil to help tamp down rising gasoline prices.
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PO1 Jeff Chandler
Lt Col John (Jack) Christensen How many hours worth of oil was that? Last November?
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SFC (Join to see)
Lt Col John (Jack) Christensen - Thanks for bringing up another case of President Biden issuing noneffective orders that didn’t help anything. I guess that was better than issuing orders that hurts our Country. He’s already done too many of those.
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A pipeline that never carried a drop of petroleum isn't going to cause prices to spike.
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SFC (Join to see)
Policy is the intent of the Administration. To be more specific look at production. The Biden Administration Policies has done everything they can to increase cost. Production is the gage to measure by.
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Maj John Bell
And it isn't going to increase supply. It's that Law of Supply and Demand thingy that democrat elites appear opt out of any time they take any courses in economics.
If we had keystone pipeline oil it would not matter as much that
_unrest in Libya and Kazakhstan are substantially reducing their oil exports.
_OPEC+ scaled back production in late 2020 and has yet to come back to pre-pandemic production levels.
_Storms and hackers shutdown some US suppliers and refineries in 2021
_European Union Countries are building up their national reserves, anticipating a Russian cut in production (Putin's leverage to get Europe and the US to sell out Ukraine, like we all did during the Obama administration).
_China is importing more oil to make up for self-induced wounds in its own energy sector.
If we had keystone pipeline oil it would not matter as much that
_unrest in Libya and Kazakhstan are substantially reducing their oil exports.
_OPEC+ scaled back production in late 2020 and has yet to come back to pre-pandemic production levels.
_Storms and hackers shutdown some US suppliers and refineries in 2021
_European Union Countries are building up their national reserves, anticipating a Russian cut in production (Putin's leverage to get Europe and the US to sell out Ukraine, like we all did during the Obama administration).
_China is importing more oil to make up for self-induced wounds in its own energy sector.
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SFC (Join to see)
Maj John Bell - As always sir it is their way to buy their way out of any difficulty, so they print more money. That will only work so long until it implodes, and then hurt the poorest people they say they are trying to help.
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Well this is exactly what happens when you have a delusional corrupt racists coward Assclown hypocrat (Democrat) in the White House.
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SFC (Join to see)
Yes. That is pretty much what we have. Delusional is probably the best word to describe them. Thank you.
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