I must have missed the part where he acknowledged his energy policies have been a total disaster and will be immediately reversed.Yea pretty sad that he is trying to help the American consumer....
What's your source for that?
I must have missed the part where he acknowledged his energy policies have been a total disaster and will be immediately reversed.Yea pretty sad that he is trying to help the American consumer....
Bullshit!!!First you argue that Biden should do this.
Long-term investments don't produce "immediate profits."There are immediate profits to be made and you are claiming they don't want to bother making billions because of Biden?
You didn't miss it because they have not. Think for yourself rather than just echoing GOP talking points.I must have missed the part where he acknowledged his energy policies have been a total disaster and will be immediately reversed.
What's your source for that?
Wait, now you're against cutting taxes on gas?Bullshit!!!
I publicly dare you to try to produce a quote where I ever said or even implied that Biden should cut the gas tax.
Good.Long-term investments don't produce "immediate profits."
What he is actually saying is the industry isn't prepared to invest tens of billions into the drilling infrastructure the Biden administration is determined to kill.
CNN the most biased name in news.Joe Biden's message to Congress: Help me! I've fallen in the polls and I can't get up.
Biden wants a gas tax holiday. Here's why Congress isn't on board | CNN Politics
A gas tax holiday means the typical taxes that are applied to purchases of gasoline and diesel are lifted for a period of time, offering a measure of relief to consumers. Both Republicans and Democrats in Congress have signaled opposition to a federal gas tax holiday.www.cnn.com
Really, how sad is it that even Nancy Pelosi is non-committal?
TERB is a website for adults. Grow up and start acting like one.Think for yourself rather than just echoing GOP talking points.
First you argue that Biden should do this.
Then, when Biden starts doing it you say its a failure.
Let us know if your brain ever gets up.
I repeat: Bullshit!!!Wait, now you're against cutting taxes on gas?
So much waffling, I can't keep track.
This response from Biden to rising oil prices is enough for Big Oil to wishThe oil companies are making record profits, raising dividend share buy-backs etc. They have determined that there is little incentive to drill because that would take a lot of cap-x, soften prices and ultimately moderate profits. That is not a criticism the CEO's are doing what they are supposed to do but please this blame it on Joe game is just not factual at all. ................
Yes as an adult I look at facts and statistics and not the self-serving statements of oil company executives and I do not parrot GOP or Dem talking points..TERB is a website for adults. Grow up and start acting like one.
Biden wants U.S. oil to drill more. Here’s why they’re holding back
The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic.www.worldoil.com
ExxonMobil Responds To Biden’s Inflation Blame-Shifting Attack
President Biden lashed out on Friday at an array of boogeymen in his latest blame-shifting effort on runaway inflation. One villain he singled out was ExxonMobil, and the company responded with a set of facts that counter the President's ad hominen attacks.www.forbes.com
The skyrocketing gas prices in the U.S. are due to a shortage of supply, not a lack of demand. Indeed, the fact the current supply can't meet the growing demand is the problem.Yes as an adult I look at facts and statistics and not the self-serving statements of oil company executives and I do not parrot GOP or Dem talking points..
You are clueless. Those are meaningless nom-sequiturs.The skyrocketing gas prices in the U.S. are due to a shortage of supply, not a lack of demand. Indeed, the fact the current supply can't meet the growing demand is the problem.
Biden's proposed tax cut does nothing to increase the supply. Actually, it would likely increase the demand and could make the problem worse.
And it effectively kills his pledges to the UN on climate change.
Short term problems that will be fixed by more renewables.The skyrocketing gas prices in the U.S. are due to a shortage of supply, not a lack of demand. Indeed, the fact the current supply can't meet the growing demand is the problem.
Biden's proposed tax cut does nothing to increase the supply. Actually, it would likely increase the demand and could make the problem worse.
And it effectively kills his pledges to the UN on climate change.
Actually the Democrats are even against it. It would kill their funding for infrastructure.Yea pretty sad that he is trying to help the American consumer rather than spending his time grifting. Regrettably it is the GOP which will be hurting the consumer this summer.
So are Apple, Nike, Amazon and Microsoft. Should they lower their prices?The oil companies are making record profits, raising dividend share buy-backs etc. They have determined that there is little incentive to drill because that would take a lot of cap-x, soften prices and ultimately moderate profits. That is not a criticism the CEO's are doing what they are supposed to do but please this blame it on Joe game is just not factual at all. The "doom" that the apologists for the industry refer to, even if it was true, it not going to arrive any time soon and it is far enough down the road that whatever cap-x was employed would be more than recouped. The bigger players are all employing a multi pronged approach and are investing heavily in green strategies. Just listen to the CEO's of Exxon and other integrated companies etc.
And yes regrettably emissions will go up in the short term. That is just the reality of the world and times we live in.
Lets see.So are Apple, Nike, Amazon and Microsoft. Should they lower their prices?