Energy independence

There is absolutely no government intervention that is stopping fossil fuel drillers from providing enough supply with their existing fields. 

 

Pipeline has nothing to do with supply.  Its just a delivery mechanism.   In the absence of pipeline companies use rail and trucks....and maybe thats more expenisve for them but it has nothing to do with the retail price of gas and oil.     

 

And why do we need new fracking areas when the drillers arent even utilizing the existing ones they already have?    They are purposefully underdrilling the land they have now.    You can open the entire globe to drilling but that doesnt do anything if the drillers voluntarily decide not to  drill it, right?

Edited on Mar 4, 2022 7:12am

Actually, what's stopping the development of new natural gas fields is the greed of fossil fuel companies, who have for decades carefully cultivated a strategy of alternately loosening and tightening their grip on supply, in order to maximize prices and profits. The basic conflict is of national interests versus corporate interests. National interests dictate that we have as much capacity and reserves as possible. Corporate interests, however, dictate that those things are tightly controlled and restricted by the fossil fuel companies.

 

Then, of course, the political strategy is to keep a choke hold on supply while simultaneously blaming all them no-good liberals for high prices. Boiler has apparently learned to ape that strategy. He's a good doggy.

 

The naivete about all this is to pretend the the fossil fuel industry provides a fair and free market, in accordance with the tenets of holy capitalism. The reality is that it's a cartel, and what they charge us consumers has not fuck-all to do with their costs. They charge what they feel they can get away with. It's not a free market--it's a tightly controlled and highly lucrative monopoly, or perhaps oligopoly is the more accurate term.

Biden cancelled Keystone & Michigan was contemplating shutting down pipelines.  Biden cancelled new oil & gas leases in spite of court losses.  NYS has banned fracking for years.  Ca is restricting leases & slow walks the ones that have been filed.

 

When you have a govt that puts up numerous roadblocks to expand production, there is little incentive got companies to invest millions in new exploration & drilling.  It is easier for them to buy from overseas sources.

 

Why didn't biden ban purchasing Russian oil in his so called tough sanctions?  THis loophole allows a steady flow of cash to Russia

Originally posted by: PJ Stroh

There is absolutely no government intervention that is stopping fossil fuel drillers from providing enough supply with their existing fields. 

 

Pipeline has nothing to do with supply.  Its just a delivery mechanism.   In the absence of pipeline companies use rail and trucks....and maybe thats more expenisve for them but it has nothing to do with the retail price of gas and oil.     

 

And why do we need new fracking areas when the drillers arent even utilizing the existing ones they already have?    They are purposefully underdrilling the land they have now.    You can open the entire globe to drilling but that doesnt do anything if the drillers voluntarily decide not to  drill it, right?


PJ, your first paragraph is not true.  My buddy, who spent his 40 years developing ultra-deepwater oil projects in Africa, Europe, and mostly in the Gulf of Mexico has much experience with what a reluctant US government does to slow and stop drilling.  During the Obama years, for example, the government folks who examine proposed projects suddenly step up the scrutiny.  Once those objections are addresed, there are more objections.  It goes on and one.  Pete retired several months back, so he's not talking to these government officials, but he's told me about these tactics under Obama.

 

I agree with your second paragraph, but not building pipelines is stupid and it's not environmentally friendly.

 

Fracked wells are very short lived and new wells need to be drilled.  History tells us that Biden and friends are likely preventing projects from moving forward by putting up roadblocks as outlined in paragraph 1.  I'd be willing to give 10-1 odds that this is happening.


Well, we can agree to disagree.  If you want to debate about supply 10 years from now you can argue that we need more drilling access to areas currently not available.  I would counter that by saying in 10 years you will likely be driving a vehicle that doesnt use gas.

 

Regardles, it has absolutely nothing to do with the prices you are seeing at the pump today .     

Originally posted by: tom

Biden cancelled Keystone & Michigan was contemplating shutting down pipelines.  Biden cancelled new oil & gas leases in spite of court losses.  NYS has banned fracking for years.  Ca is restricting leases & slow walks the ones that have been filed.

 

When you have a govt that puts up numerous roadblocks to expand production, there is little incentive got companies to invest millions in new exploration & drilling.  It is easier for them to buy from overseas sources.

 

Why didn't biden ban purchasing Russian oil in his so called tough sanctions?  THis loophole allows a steady flow of cash to Russia


It's kinda cute how those who admired Putin and supported Trump's blackmailing Ukraine are now saying Biden isn't being tough enough on Russia. All that talk is phony and performative.

Originally posted by: tom

Biden cancelled Keystone & Michigan was contemplating shutting down pipelines.  Biden cancelled new oil & gas leases in spite of court losses.  NYS has banned fracking for years.  Ca is restricting leases & slow walks the ones that have been filed.

 

When you have a govt that puts up numerous roadblocks to expand production, there is little incentive got companies to invest millions in new exploration & drilling.  It is easier for them to buy from overseas sources.

 

Why didn't biden ban purchasing Russian oil in his so called tough sanctions?  THis loophole allows a steady flow of cash to Russia


Not a single point in this post has anything to do with the price consumers are payinf for oil and gas.

 

But thanks for stopping by,.

Of course, any "discussion" of what fossil fuel corporations/the gummint should or shouldn't be doing should take into account this simply reality: fossil fuels are obsolete. As are the rich old white fucks who are trying to keep us dependent on them.

 

Sooner rather than later, a majority of our energy needs will come from sources other than combusting fossil fuels. That won't come about as a result of environmental imperatives--though it should--because too many powerful people have a vested interest in making sure we're not weaned off the fossil fuel tit. Rather, it'll come about because the cost of sustainable energy is dropping, often rapidly, while the cost of fossil fuel energy is steadily rising. Conservitards and fossil fuel companies can bitch bitch bitch about that all they want, but the sacred holy free market (which they worship, except when it doesn't suit them) will make sure that it happens.

 

And you know what else will be beneficial when we finally wean ourselves from fossil fuels? We won't have to care or even pay attention when some crisis in an oil-producing part of the world breaks out. We won't have to maintain a standing army for the sole purpose of zooming into Saudi Arabia or wherever if some nutjobs roil things up.

 

Since the national motto of America is actually "Money talks," the coming $5-and-up gas prices will drive more and more people to electric cars and solar panels, and utilities will increase their power generation from sustainable sources. It's inevitable.

Originally posted by: MisterPicture

It's kinda cute how those who admired Putin and supported Trump's blackmailing Ukraine are now saying Biden isn't being tough enough on Russia. All that talk is phony and performative.


Well, we've seen how Tommie-poo will abandon all rationality and logic in his frenzied quest to bitch moan whine about Biden. We're also seeing that from the RepubliQ propaganda masters, of whom Tommie-poo and his ilk are loyal servants.

 

It IS kind of hilarious, though, to see the RepubliQ pivot back to their traditional stance of hating them ROOSKIES, which was their default setting until the Orange Pusbag fellated Putin on state TV. Lindsay Graham just gave a little speechy on how "somebody" should assassinate Putin. That's the kind of totally constructive dick-waving we've come to expect from the old white fuck cadre of the RepubliQ.

Under Obama, Russian oil imports decreased 44%.

Under Trump, Russian oil imports increased 49%.

 

So please! Tell me how Trump was tough on Russia.

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