America Last - Saudis agree to increase oil production 50 percent

[Anti Federalist]

So Biden's ass kissing paid off and the House of Saud promises to increase production to stabilize or lower prices.

Of course, domestic production could easily provide all the oil and natural gas needed, but the Marxist in Chief figures it's easier to kiss the ass of one of the major players behind 9/11 rather than "allow" good paying jobs of hard working US citizens, many of them colored people to continue.

Wonder what the doddering old fool promised them?


Saudi Arabia agrees to increase oil production levels, will help 'stabilize markets,' White House says

https://www.foxnews.com/politics/sa...n-levels-will-help-stabilize-markets-white-ho

July 15, 2022 4:12pm EDT

The White House on Friday said Saudi Arabia has committed to increasing oil production in July and August—a move that will help "stabilize markets considerably."

The commitment from Saudi Arabia came after bilateral meetings between President Biden and administration officials and King Salman bin Abdulaziz al Said and Crown Prince Mohammed bin Salman, as well as Saudi Ministers.

"Saudi Arabia has committed to support global oil market balancing for sustained economic growth," the White House said. "We have welcomed the increase in production levels 50 percent above what was planned for July and August."

"These steps and further steps that we anticipate over the coming weeks have and will help stabilize markets considerably," the White House said.

Also in the meetings, the White House said Biden welcomed the singing of a bilateral Partnership Framework for Advancing Clean Energy, with new Saudi investments to "accelerate the energy transition and combat the effects of climate change."

The White House said the framework "focuses particularly on solar, green hydrogen, nuclear, and other clean energy initiatives."

"By building upon existing collaboration between energy experts in our countries, we seek to enhance our efforts to tackle climate change and advance greater deployment of clean energy resources around the world," the White House said, noting the partnership "will leverage public and private sector collaboration to advance the deployment of clean energy solutions while accelerating research, development, and demonstration of innovative technologies needed to decarbonize the global economy and achieve net-zero emissions."

 

[tod evans]

Something about sleeping with camels.......

 

[Anti Globalist]

We should be increasing oil production in this country by 50%.

 

[69360]

They wil probably play it off with the climate change global warming card. It actually does cause less enviormental damage to pump in from the Saudi desert than to frack it in the US. But then you have to ship it around the world in ships which pollutes as well.

 

[Anti Federalist]

They wil probably play it off with the climate change global warming card. It actually does cause less enviormental damage to pump in from the Saudi desert than to frack it in the US. But then you have to ship it around the world in ships which pollutes as well.

We buy a tiny fraction of Saudi oil.

The majority of it goes to...take a guess...China.

2017-2019 oil sales FROM Saudi Arabia.

Crude Oil And Refined Products Sales Combined In Percentages

https://insidesaudi.com/who-buys-oil-from-saudi-arabia/

 

[Anti Federalist]

America Last.

 

[Anti Federalist]

Oh, wait a minute now, hold the phone...a Saudi pooh-bah on CNN is walking back the White House's claim that they are increasing production and that Biden put pressure on them to increase production.



Saudi Diplomat Refuses to Commit to Boosting Oil Production, Claims Increasing Production Won’t Really Help U.S. Gas Prices

https://www.breitbart.com/clips/202...g-production-wont-really-help-u-s-gas-prices/

IAN HANCHETT 15 Jul 2022

During an interview aired on Friday’s edition of CNN’s “Situation Room,” Saudi Minister of State for Foreign Affairs Adel al-Jubeir, who was inside President Joe Biden’s meeting with Saudi Crown Prince Mohammed bin Salman, refused to commit to boosting oil production, denied Biden pressed them on the issue, and argued that “The problem of gasoline in the United States is more a function of the lack of refining capacity in the United States than a shortage of actual crude oil.”

Host Wolf Blitzer asked, “Did President Biden ask you, Saudi Arabia, to increase oil production with the hope that it would reduce the price of gasoline in the United States?”

Al-Jubeir answered, “Not in — with specificity because the president knows that [the] energy issue is an issue of supply and demand. It’s an issue of balancing markets. Saudi Arabia’s committed to ensuring stability in the oil markets. The U.S. government is aware of this. The issue of increases in prices of gasoline that we’ve seen recently are really a function of geopolitics and psychology more than they are about fundamental supply/demand. The problem of gasoline in the United States is more a function of the lack of refining capacity in the United States than a shortage of actual crude oil.”

Blitzer then asked, “But is Saudi Arabia ready to increase oil production?”

Al-Jubeir responded, “Saudi Arabia has made it very clear over the past decades that it seeks to [ensure] market stability, that it looks at the fundamentals of supply and demand, and that it works within OPEC and now within OPEC-plus to ensure that the markets are adequately supplied with crude oil. Saudi Arabia has increased its oil production over the past year substantially in accordance with the demands of the market, and this is a situation that is continuously being assessed by our Energy Ministry and by experts in this area to determine whether or not more oil is required or less oil is required.”

Blitzer then cut in to ask if Biden “pressed” the Saudis on this issue.

Al-Jubeir answered, “No, the president doesn’t press us on this issue. The president is aware that Saudi Arabia is keen on maintaining stability in the markets. Wolf, the President did not come here to press Saudi Arabia. The President came here to have a meeting with one of America’s most important allies in the world and in the region. We face common challenges that we need to work together in order to overcome. There are many opportunities for us that we want to avail ourselves of. He came here to consult on the various issues and how we can move forward in order to ensure that the next 80 years are as positive as the previous 80 years in our relationship.”

 

[Anti Federalist]

He's full of shit by the way.

Yes, just like everything else in our crumbling manufacturing sector, we could use more refineries.

The everfucking feds have shot down every new permit for a new major refinery since 1976. (A small plant was opened in North Dakota to process Bakken Shale crude, but it is tiny in comparison to the massive facilities in places like Elizabeth NJ or Norco LA or Freeport TX or Lake Charles LA).

But even being hamstrung like that, US needs can be met with US resources.

 

[Anti Federalist]

Pete Buttigieg Boasts that High Gas Prices Are Forcing Americans Towards Electric Vehicles

https://www.breitbart.com/politics/...-forcing-americans-towards-electric-vehicles/

JORDAN DIXON-HAMILTON 15 Jul 2022

President Joe Biden’s Transportation Secretary, Pete Buttigieg, boasted about how high gas prices are forcing Americans towards electric vehicles during an interview on Thursday on REAL 92.3’s Big Boy TV.

Buttigieg said:

We’re for cutting the cost of electric vehicles because when you have an electric vehicle, then you’re also going to be able to save on gas, but you got to be able to afford it in the first place. Right now, we’re actually starting to see on some models the costs come to where even if your car payment’s a little higher, your gas payment will be a little lower, and you come out ahead, but the prices still need to come down for most Americans to be able to get an EV.

Buttigieg’s comments come as recent U.S. Labor Department data found the annual inflation rate rose to a massive 9.1 percent in June. In addition, Americans are paying record-high gas prices under Biden’s administration.

One day after Buttigieg’s remarks, electric vehicle manufacturer Tesla reportedly asked Texas drivers to avoid charging their vehicles for five hours out of the day due to a heatwave.

“A heat wave is expected to impact the grid in Texas over the next few days. The grid operator recommends to avoid charging during peak hours between 3pm and 8pm, if possible, to help statewide efforts to manage demand,” the Tesla alert sent to customers’ in-car screens said.

Buttigieg’s comments on Thursday are not the first time he’s promoted expensive electric vehicles as a way for American consumers to save on gas expenses. The Transportation Secretary said, “People from rural, to suburban, to urban communities can all benefit from the gas savings of driving an EV,” in March after gas prices broke a record previously set in 2008.

Buttigieg made a similar comment in November during an interview with MSNBC.

“The people who stand to benefit most from owning an EV are often rural residents, who have the longest distances to drive, they often burn the most gas,” he claimed.

Buttigieg’s statements seem to represent the Biden administration’s official position on gas prices, as other members of the administration have promoted switching to electric vehicles in the wake of skyrocketing gas prices.

Last month, Biden’s Energy Secretary, Jennifer Granholm, claimed that American gas prices are “unsustainable,” but noted that the high costs are “accelerating our progress toward clean energy.”

Granholm also said that high gas prices make a “very compelling case” to purchase electric vehicles.

“If you filled up your EV and you filled up your gas tank with gasoline, you would save $60 per fill-up by going electric rather than using gasoline but it’s a very compelling case, but again, we want to bring down the price at the point of purchase,” Granholm said.

 

[Anti Federalist]

A heat wave is expected to impact the grid in Texas over the next few days. The grid operator recommends to avoid charging during peak hours between 3pm and 8pm, if possible, to help statewide efforts to manage demand,” the Tesla alert sent to customers’ in-car screens said.

If they can "warn you" then they can "disable you".

 

[Anti Federalist]

“The people who stand to benefit most from owning an EV are often rural residents, who have the longest distances to drive, they often burn the most gas,” he claimed.

Can anybody tell me what this fucking fairy's qualification to be "transportation secretary" are?

The man, as mayor, who could not get potholes in South Bend fixed, who can't drive a manual transmission, who likely thinks that blowing a tranny seal is some new hip sex act???

Rural people drive trucks because we often need to haul stuff.

Rural people drive trucks because we often need trailers to haul stuff.

Ford's new electric F-150 claims a range of 320 miles.

In a side by side test, it went 86.

 

[Snowball]

We should be increasing oil production in this country by 50%.

Why? It's not worth the environmental damage or the cost. Better to import. Keep our production at sane levels for our lands and waters.

Save that potential for a time of true need, not a time of contrived price rigging.

We have all the oil we need. We do not lack oil in the market whatsoever. If supply is not the problem, why does supply have to be the answer?
Therefore, there is no need to increase domestic OR imports. It doesn't address the problem.

When there is no shortage, flooding the market only serves the profits of the elites who are selling it high.

This only keeps us from confronting a broken paradigm: our financial markets. They have become disconnected from economic "laws", because there never really were economic "laws" -- as you see happening with gold & silver -- dropping when they should be rising. Why? Ignore everything you read. The why is because the elites don't want them to rise. End of Story. This is acheivable with computer software. We could use the same software to set oil prices at $50 a barrel next week, if the programmers were instructed to make it happen.

 

[A Son of Liberty]

They wil probably play it off with the climate change global warming card. It actually does cause less enviormental damage to pump in from the Saudi desert than to frack it in the US. But then you have to ship it around the world in ships which pollutes as well.

Can you tell me how drilling for O&G "causes environmental damage"? I'd like to know what you have to say about this.

 

[A Son of Liberty]

Why? It's not worth the environmental damage or the cost. Better to import. Keep our production at sane levels for our lands and waters.

Save that potential for a time of true need, not a time of contrived price rigging.

We have all the oil we need. We do not lack oil in the market whatsoever. If supply is not the problem, why does supply have to be the answer?
Therefore, there is no need to increase domestic OR imports. It doesn't address the problem.

When there is no shortage, flooding the market only serves the profits of the elites who are selling it high.

This only keeps us from confronting a broken paradigm: our financial markets. They have become disconnected from economic "laws", because there never really were economic "laws" -- as you see happening with gold & silver -- dropping when they should be rising. Why? Ignore everything you read. The why is because the elites don't want them to rise. End of Story. This is acheivable with computer software. We could use the same software to set oil prices at $50 a barrel next week, if the programmers were instructed to make it happen.

What - SPECIFICALLY - environmental damage are you referring to?

 

[Anti Federalist]

Can you tell me how drilling for O&G "causes environmental damage"? I'd like to know what you have to say about this.

What - SPECIFICALLY - environmental damage are you referring to?

I'm all ears myself.

 

[Snowball]

What - SPECIFICALLY - environmental damage are you referring to?

Not climate change if that's what you're thinking about (I couldn't blame you). I do not support wind at all, and my views on solar are that its footprint in temperate areas is worse for the environment than fossil fuels are. The environmental effects of oil and gas drilling should be obvious. Again, in some areas much more than others. For example, I do not want offshore drill platforms on the East or West coast. I did not support the Keystone pipeline. Fracking has its problems in creating earthquake vulnerabilities and in leaching to groundwater. When we bought the lies about peak oil 15 years ago, we expanded into areas that had not been impacted environmentally before, such as North Dakota and parts of Canada, the tar sands extraction is a very geopgraphically intensive footprint. I am against the development of ANWR and all national monuments and protected areas, for biodiversity sake. Additionally there is the abuse of federal land contracts that is a corrupt handout to the big corporations, that land is our land, not theirs to profit off. A similar situation exists with mining. I don't support Pebble Mine. None of this has anything to do with the fraudulent wind and solar promotional scams run by corrupt Democrats, which I abhor, or an endorsement of their arguments as to the cause of and proper response to global warming, which I don't agree with. Also, it is not my main argument in the post. Increasing imports is also bad for the environment, as is the Pentagon's obsessions with world power; it is the single largest consumer of petro fuels on the planet - for what?

 

[sam1952]

“Typically less than 1 per cent of hydraulically fractured wells cause induced earthquakes. This rarity appears to be related to the unlikely scenario of having all the correct geological conditions together in same place: tectonic, geomechanical, and hydrological. In other words, pressurized ‘frack’ fluids may cause earthquakes only if a stage happens to be connected to a susceptible fault.“

https://eos.org/editors-vox/understanding-earthquakes-caused-by-hydraulic-fracturing

It’s always been my understanding that the majority of seismic activity have related to injection wells, where they’ve tried to dispose of fracking fluid into old well sites.
Now I’m no expert on the subject but have been around lots of drilling areas and honestly see minimal impact. There is a cost in everything to the environment. Aside from the economic impact exploring our own reserves I’d feel much better with the regulations for environmental impact here rather than rely on the Middle East or China’s “footprint” on the environment.

 

[69360]

Can you tell me how drilling for O&G "causes environmental damage"? I'd like to know what you have to say about this.

I said fracking. I'm not a fan of the process. Drilling is fairly safe and clean.

 

[pcosmar]

I remember the 1970s.
The Oil Embargo..

I remember gas going over a Dollar.

I paid over $5.00 for it last time.

Saudi Arabia has held this country in virtual slavery because of Oil.. OPEC sets the Price.

Time to wean off that tit.

 

[Anti Federalist]

I said fracking. I'm not a fan of the process. Drilling is fairly safe and clean.

Why?

It is a process that increases flow rates through pay sands making old wells perform like new, that's all.

I've fracked a thousand wells offshore and never had a single incident.