Back to Index Reply to Topic Like This Topic

Biden energy policy

7 responses | 0 likes

Started by wglassfo - June 16, 2022, 3:15 p.m.

What do you think about the general population thoughts

Will most people believe Biden's claim that Big Oil is responsible for high gas prices and are gouging the consumer.

If I read Biden's claim correctly he is saying Big oil is greedy and he will slap a wind fall tax on oil Co.'s

Do you think the public believes Biden and a wind fall tax will bring prices back down if Big Oil does not stop gouging the consumer

Comments

Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 4:41 p.m.

Like Reply

Wayne,

Thanks very much for bringing this up. I am stupefied at this latest false narrative and dishonesty regarding Biden to actually blame the fossil fuel producers FOR WHAT HE CAUSED INTENTIONALLY!!!!!

This would be like somebody standing strongly for defunding the police with successful measures to cut the police force and divert funding to other programs in a big city, then when crime rates soar higher, blame the reduced, defunded cops for not doing their jobs!

Big Oil windfall tax proponents ‘encouraged’ by Biden letter

https://thehill.com/policy/energy-environment/3524773-big-oil-windfall-tax-proponents-encouraged-by-biden-letter/

In a letter this week, Biden called on oil executives to increase production of refined products, saying the industry’s historically high profits are “worsening the pain” caused by Russia’s invasion of Ukraine to energy markets.

“Your companies and others have an opportunity to take immediate actions to increase the supply of gasoline, diesel, and other refined product you are producing and supplying to the United States market,” Bidenwrote.

Khanna called the idea of a windfall profits tax “common sense” and a “mainstream, reasonable proposal.” Although the progressive wing of the Democratic Party has spearheaded the proposals,

metmike: Until I read this new proposal, I've never actually been angry in making 1,000 posts about what they are doing to fossil fuels and being totally disingenuous by blaming everybody and everything except the real reason...........THEIR AGENDA to kill fossil fuels.

This is the most retarded counterproductive, disingenuous act yet.

If you want to increase production of anything via the government, you do like they do with wind and solar...........tax credits, special funding/grants and other incentives that make it MORE PROFITABLE!!!!!!!

If you want to further stifle investments and production, more than their (very counterproductive to new investments)policies have done recently and are ramping up, you impose additional windfall taxes, exactly like they are proposing here.

This is economics 101.

This is completely arse backwards and trying to sell it to Americans as helping to rescue them.......while actually TRICKING THEM by causing even MORE damage intentionally and selling it as the friggin rescue plan.

https://stopthesethings.com/2021/05/13/why-intermittent-wind-solar-will-never-amount-to-serious-power-sources/

Re: Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 5:01 p.m.

Like Reply

Readers should clearly note, that I used to mainly cover the fake climate crisis and always based on the OBSERVATIONS and applying the physical laws of science, weather and climate.

Using empirical data, measurements and evidence in that realm because there was thousands of sources and millions of different compelling data.

This sometimes included discussions on the FAKE GREEN FAIRY Tale. Sold to us in the form of how solar and wind would replace fossil fuels to save the planet.

The plan has been a long time in the making BUT NOW, it's been enacted for long enough so that we have empirical data and observations and accurate assessments to the point that the fake climate crisis is taking a back seat.

But the fake climate crisis HAS SERVED ITS PURPOSE and now we are dealing with the reality of consequences from having the actual agenda imposed on us to kill fossil fuels.

Make no mistake, this was inevitable and now we have the indisputable proof of the effects and the dishonesty of those perpetrating the fake climate crisis to get here......as they use the same dishonest, counterproductive and intentional tactics by selling their snake oil/poison to us and calling it a health elixir!!

Note the change in the title below to include Energy because we have enough of the evidence, data and observation for that to take top billing in most of the threads about this.

Climate Reality/Energy-7 new additions

https://www.marketforum.com/forum/topic/27864/

Re: Re: Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 5:31 p.m.

Like Reply

If you're somebody that believes the bs that this is entirely Putin's fault and supply chains and nothing to do with fossil fuels, then think about this new tactic to absurdly BLAME fossil fuel companies for not producing enough fossil fuels, then for those greedy companies to price gauge Americans charging too much, which is exactly what Biden and company intentionally FORCED THEM TO DO by stifling investments and diverting all new big money plays to favored solar and wind.

If this is part of the supply chain issue..............and it can be resolved, according to Biden's latest fork tongue by him pleading with oil companies to increase production(after he made them decrease production and will penalize them with taxes to make them NOT increase while pretending he wants them too) , ask yourself why they haven't responded to higher prices like every other time in the past, already?

When was the last time a company responded immediately to stifling new taxes meant to reduce profitability by expanding the less profitable business?

This is not a supply CHAIN issue. It's a lack of PRODUCTION issue intentionally imposed by the government with policies discouraging all new investments in fossil fuels. Increasing taxes as they are proposing as a solution.....will intentionally make it worse.

They already killed half of the coal business. This is almost a done dead deal as coal companies saw the writing on the wall during Obama's years.

We are just seeing the early stages of impacts from policies designed to also kill crude and natural gas..........and there isn't enough solar and wind to replace it.

https://www.marketforum.com/forum/topic/78168/

So Bidens solution is to double down on solar and wind and pretend to the public that he wants more oil production while imposing new stifling taxes on that industry to stop new oil production incentive. WOW!

Biden uses Defense Production Act for his solar agenda

Started by cutworm - June 7, 2022, 9:12 a.m.

https://www.marketforum.com/forum/topic/85391/

Re: Re: Re: Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 9:17 p.m.

Like Reply

You wonder why fossil fuel investments have not responded to higher prices?

Since Biden took over, a huge emphasis has been on anti environmental, fake green, diffuse and unreliable wind turbines that have no chance to ever come close to replacing fossil fuels.

just read this total bs press release from earlier this year.

The White House

FACT SHEET: Biden-⁠Harris Administration Races to Deploy Clean Energy that Creates Jobs and Lowers Costs

https://www.whitehouse.gov/briefing-room/statements-releases/2022/01/12/fact-sheet-biden-harris-administration-races-to-deploy-clean-energy-that-creates-jobs-and-lowers-costs/

This transmission buildout will make our grid more reliable and resilient in the face of intensifying extreme weather and is critical to achieving the President’s goal of 100% carbon pollution-free electricity by 2035.

metmike: In other words.........NO MORE FOSSIL FUELS as fast as we can get there.

What a mountain of deception but it proves to us what energy basket this administration has been putting all of its fake green energy eggs in........at the expense of fossil fuels, that it's doing everything possible to eliminate ASAP. .....while pretending to be trying to help consumers with the shortage of fossil fuels and intentionally doing the exact opposite.

And the intensifying extreme weather factor is a crock too.

The build back better plan is code for start completely over without fossil fuels.

People that actually understand the physics, economics and energy principles estimate that this will cost at least $433 trillion dollars, which is 20 times the GDP.

In other words...........impossible and it will collapse the economy and kill consumers with the futile attempt to do something that has almost a 0% chance of happening based on the rock solid physical realities!

https://www.marketforum.com/forum/topic/85535/#85775

Re: Re: Re: Re: Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 9:55 p.m.

Like Reply

What building back better actually means is........

destroying a well developed, very effective energy delivery system that took decades to put in place.

Eliminating, previously cheap(until they intentionally forced the prices higher) dense, abundant, extremely reliable and acts as its own battery fuel.

The fossil fuel IS it's own battery-the energy is in it and stores for long periods as itself until the consumer is ready to use it-without losing energy as does solar and wind that must be stored in a battery with limited amounts of storage in addition to losses in transmission, losses during storage and great limitations in the amount that can be stored at one time.

That Biden press release on the previous page make what I just told the truth about........ a train wreck when objectively looking at the objective science/facts...... sound like energy Nirvana.

Re: Re: Re: Re: Re: Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 10:27 p.m.

Like Reply

Some science savvy people that originally thought we could quit fossil fuels based on the Green Fairy Tales are waking up and realizing that it can't happen with the current Biden build back better plan.

As in a 0.0% chance because you can't defy the laws of physics and energy.

If a new, revolutionary invention comes along, then it might be possible but even then, it's extremely unlikely to match fossil fuels.

However, that makes 0% sense. To proceed with a plan that's guanteed to fail and assume/hope that a new investion, that decades of studying and research has been unable to discover...........will suddenly happen to save the disastrous plan.

University of Arkansas Sustainability Blog

https://wordpressua.uark.edu/sustain/3-reasons-we-are-still-using-fossil-fuels/

My research into fossil fuels showed me that the problem of fuel is a tad more complicated that I initially understood. For an alternative energy source to be a viable substitution, it must be able to match fossil fuels in their efficiency as fuels, the accessibility of their energy, and their integration into society. Fossil fuels, and their use over the last 200 years, have left some pretty enormous shoes to fill and – as they currently stand – no alternative source is up to the task. It is going to take some more Research and Development,

metmike: This is energy and economic suicide. The only hope we have is to replace the people taking us down this disastrous path with people that understand.

You will note that China, Russia and India do NOT have the same plan to get rid of fossil fules and in fact, the increased CO2 emissions from them will be greater than our reductions, with CO2 well mixed in the global atmosphere.

Biden and company are absolutely aware of this, so even if they believed in the fake climate crisis ..........they can't possibly be doing it to save the planet because global CO2 will continue to accelerate higher and the countries using fossil fuels will become energy and economic super powers and those doing what we are doing will suffer severe consequences, with energy insecurity, losses in reliability and high costs that severely damage their economies.

This is no other outcome, other than an unlikely new invention or people in charge that save us from the brink of disaster and reverse the build back better plan to take us back to the wonderful land of economically beneficial fossil fuels.

Re: Re: Re: Re: Re: Re: Re: Biden energy policy

0 likes

By metmike - June 16, 2022, 10:50 p.m.

Like Reply

Jet-set Biden vows ‘climate-friendly’ military, flexes gas-guzzling Corvette

https://nypost.com/2022/04/22/biden-calls-for-climate-friendly-military-fleet-on-earth-day/

“I’m going to start the process where every vehicle in the United States military — every vehicle is going to be climate-friendly. Every vehicle. No, I mean it. We’re spending billions of dollars to do it,” Biden said.

The president, who uses large amounts of fossil fuels for regular weekend trips home to Delaware, admitted he’s had a hard time practicing what he is preaching.

metmike: just make stuff up to force other people to follow really bad agenda while he, Kerry, Obama, Gore and others do the exact opposite of what they preach.......in fact, use 50 times the amount of fossil fuels as the average person, while rarely doing anything to cut back.

Category	Total Topics
Home
NTR	8707
Trading	7853

INO.com Futures Commentary
INO.com Blog
The Wall Street Journal
BBC News
Reuters

CNBC
Barchart.com Commodities Quotes
Fox Business
Bond News