Greater government control over oil

Collarspace Discussion Forums

Home Login Search

Greater government control over oil

View related threads: (in this forum | in all forums)

Logged in as: Guest

All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> Greater government control over oil

Page: [1]

Message

<< Older Topic Newer Topic >>

Greater government control over oil - 2/11/2023 8:14:43 AM

MasterJaguar01

Posts: 2397
Joined: 12/2/2006
Status: online

ok... I am a free market person. (With regulations to ensure that corporations don't have an outsized control over government)

I loathe to say this but...

We (the US) have been struggling with this for years.

We have private FOR PROFIT oil companies, whose sole purpose is to maximize profit. There is nothing wrong with that.
HOWEVER, the product they originate (either directly, or in concert with oil exploration companies) is critical to our national security.. As a result, oil companies are permitted to manipulate the market as they fit, in the name of "energy security". They are also heavily subsidized via the Oil Depletion Allowance to over depreciate their assets beyond their original value. Additionally, Republicans ensure their investments and financial profit are maximized through their legislative efforts.

In return, oil companies donate HEAVILY to Republicans in Congress. (And Republicans are heavily invested in oil stocks).

The overall result of this is... We don't have a national energy policy. We never did. We turfed energy policy to oil companies to do as they see fit. They don't give a rats ass about US national security. Ask Rex Tillerson, Trumps first Secretary of State, guilty of entering a joint oil exploration deal with Rosneft, in clear violation of US sanctions on Russia, while he was CEO of ExxonMobil.

This has been a problem for over 100 years, dating back to at least WWI. The problem is not new. However the circumstances of today ARE new.

As fossil fuels are in their ending days... The financial incentive to invest in new wells, becomes less and less. However, we need oil pumping and flowing to is maximum until we completely shut off the spigot.

Republicans would happily shovel taxpayer money to oil companies with no restrictions, while blocking any legislation that assists alternative energy, thereby artificially prop up the oil industry infinitely, and let them manipulate the market as they see fit.

Here is my proposal...

Let's continue to subsidize oil companies. But in PARTNERSHIP with oil companies. Not as a public trough. Let's subsidize oil companies and DIRECT the funds to new oil production. REQUIRE oil companies to meet production quotas, or risk having their assets seized and turned over to other operators that can meet these quotas.

That way we actually HAVE an energy policy.

Look what happened during the Trump administration when COVID hit. Demand dropped significantly. The price of oil dropped considerably. Oil companies shut down over 10,000 wells. Not just big oil, but the smaller exploration-only companies that they bought from. The smaller companies went out of business. The Trump administration did NOTHING. Gas prices were still low because demand had not yet recovered. .

Profile

Post #: 1

RE: Greater government control over oil - 2/21/2023 6:52:43 AM

BoscoX

Posts: 11332
Joined: 12/10/2016
Status: online

Because it's working out so well in Bernie Sander's dream state of Venezuela, right

Where rats and pets and zoo animals are on the menu, and people can't get basic meds or even diapers, toilet paper etc

Whereas Venezuela was the wealthiest Latin American country before they tried your BRILLIANT idea

_____________________________

Thought Criminal

(in reply to MasterJaguar01)

Profile

Post #: 2

RE: Greater government control over oil - 2/21/2023 8:01:30 AM

BoscoX

Posts: 11332
Joined: 12/10/2016
Status: online

Joe Biden was owned at the State of the Union address. Owned by his own stupid ass self! He related the story of how he met with oil executives and lectured them that they needed to invest in more infrastructure and drilling, etc., and they replied that he promised to shut down the oil industry. Why should they invest when he is going to shut them down? He said “we’re going to need oil for at least another 10 years“

The dumb ass doesn’t realize that with all of the rules and regulations and bureaucratic red tape, it takes 10 years to or more to build a refinery

Lifelong career marxist politician, totally clueless.

Almost as clueless as the morons who look at the mess that the government has already made of our energy policy, and come to the conclusion that what we need is MORE government intervention

< Message edited by BoscoX -- 2/21/2023 8:04:22 AM >

_____________________________

Thought Criminal

(in reply to BoscoX)

Profile

Post #: 3

RE: Greater government control over oil - 3/4/2023 8:09:38 AM

BoscoX

Posts: 11332
Joined: 12/10/2016
Status: online

"Democrats" are literally insane

Best idea ever - give the people who wreck lives for a living, total control:

quote:

Biden admin makes stunning admission on climate agenda in leaked internal memo

Internal Biden admin memo rejects proposal it admits would produce 'greater energy security,' citing climate considerations

Climate activists have treated pipelines as the 'devil': Alex Epstein

Energy expert Alex Epstein breaks down alternative solutions for transporting chemicals amid Ohio's derailment disaster on 'Unfiltered with Dan Bongino.'

FIRST ON FOX: The Biden administration acknowledged in a memo, accidentally leaked on Friday, that charging fossil fuel companies less to drill would provide "greater energy security" despite its plans to hike royalty fees.

Former Bureau of Ocean Energy Management (BOEM) Director Amanda Lefton recommended late last year that, as part of its climate agenda, the Department of the Interior (DOI) move forward with higher royalty fees for an oil and gas lease sale spanning 958,202 acres in the Cook Inlet off the coast of Alaska, according to the memo obtained by Fox News Digital. DOI Assistant Secretary Laura Daniel-Davis ultimately signed off on the recommendation.

"If a Cook Inlet prospect would be developed, there would be additional government revenues and greater energy security for the State of Alaska, especially if development of natural gas resources in the Cook Inlet ameliorated the long-term supply challenges facing the Anchorage area," Lefton wrote in the memo.

"Nevertheless, because of the serious challenges facing the Nation from climate change and the impact of [greenhouse gasses] from fossil fuels, BOEM is not recommending this option since it would not include an appropriate surcharge to account for those impacts," she continued.

More: https://www.foxnews.com/politics/biden-admin-makes-stunning-admission-climate-agenda-leaked-internal-memo

_____________________________

Thought Criminal

(in reply to BoscoX)

Profile

Post #: 4

RE: Greater government control over oil - 3/4/2023 2:17:31 PM

MasterJaguar01

Posts: 2397
Joined: 12/2/2006
Status: online

quote:

ORIGINAL: BoscoX

Because it's working out so well in Bernie Sander's dream state of Venezuela, right

Where rats and pets and zoo animals are on the menu, and people can't get basic meds or even diapers, toilet paper etc

Whereas Venezuela was the wealthiest Latin American country before they tried your BRILLIANT idea

Sorry.... you have no clue what you are talking about.
My proposal was NEVER tried in Venezuela. Maduro nationalized the oil companies in Venezuela and put his family in friends in charge of running them. (Not even close to my proposal)

My proposal was to subsidize the oil companies with directed funds for investment in new production.

(in reply to BoscoX)

Profile

Post #: 5

RE: Greater government control over oil - 3/4/2023 2:25:47 PM

MasterJaguar01

Posts: 2397
Joined: 12/2/2006
Status: online

quote:

ORIGINAL: BoscoX

Joe Biden was owned at the State of the Union address. Owned by his own stupid ass self! He related the story of how he met with oil executives and lectured them that they needed to invest in more infrastructure and drilling, etc., and they replied that he promised to shut down the oil industry. Why should they invest when he is going to shut them down? He said “we’re going to need oil for at least another 10 years“

My proposal solves this. It makes ZERO difference what Biden said or did not say. The oil companies get subsidized $$$. They invest in new production. End of story.

quote:

The dumb ass doesn’t realize that with all of the rules and regulations and bureaucratic red tape, it takes 10 years to or more to build a refinery

This is your misunderstood distortion of a Fox News lie.

1. Refineries have ALWAYS required a whole list of rules and regulations to build. Biden has made no changes to them. They are dirty as hell, and they smell like diarrhea
2. It is the oil exploration that the oil companies won't invest in, not the refineries. (and they have thousands of existing public leases on which to build and another tens of thousands of private leases as well)

(in reply to BoscoX)

Profile

Post #: 6

RE: Greater government control over oil - 3/4/2023 5:39:26 PM

BoscoX

Posts: 11332
Joined: 12/10/2016
Status: online

quote:

ORIGINAL: MasterJaguar01

quote:

ORIGINAL: BoscoX

Joe Biden was owned at the State of the Union address. Owned by his own stupid ass self! He related the story of how he met with oil executives and lectured them that they needed to invest in more infrastructure and drilling, etc., and they replied that he promised to shut down the oil industry. Why should they invest when he is going to shut them down? He said “we’re going to need oil for at least another 10 years“

My proposal solves this. It makes ZERO difference what Biden said or did not say. The oil companies get subsidized $$$. They invest in new production. End of story.

quote:

The dumb ass doesn’t realize that with all of the rules and regulations and bureaucratic red tape, it takes 10 years to or more to build a refinery

This is your misunderstood distortion of a Fox News lie.

1. Refineries have ALWAYS required a whole list of rules and regulations to build. Biden has made no changes to them. They are dirty as hell, and they smell like diarrhea
2. It is the oil exploration that the oil companies won't invest in, not the refineries. (and they have thousands of existing public leases on which to build and another tens of thousands of private leases as well)

Why do I have to explain this

It's not just China Joe

Your entire cult is putting herculean efforts into crushing oil, gas, and coal

From the local ninny sabotaging pipelines to BlackRock and their literally fascist public / private WEF ESG scheme

Biden may be the face of destroyi8ng affordable energy for the poor but he is far removed from being the brains of the outfit, nowhere near the dark Bond-style evil villains who are profiting the most from all of the suffering you and your despicable cult is wreaking

_____________________________

Thought Criminal

(in reply to MasterJaguar01)

Profile

Post #: 7

RE: Greater government control over oil - 3/4/2023 5:49:56 PM

MasterJaguar01

Posts: 2397
Joined: 12/2/2006
Status: online

quote:

ORIGINAL: BoscoX

Why do I have to explain this

It's not just China Joe

Your entire cult is putting herculean efforts into crushing oil, gas, and coal

From the local ninny sabotaging pipelines to BlackRock and their literally fascist public / private WEF ESG scheme

Biden may be the face of destroyi8ng affordable energy for the poor but he is far removed from being the brains of the outfit, nowhere near the dark Bond-style evil villains who are profiting the most from all of the suffering you and your despicable cult is wreaking

You don't have to explain this. Please don't. You have no idea what you are talking about.
Your post is nonsensical and completely irrelevant to the thread and my proposal.
Which is...

Direct federal government subsidies to US oil companies directed for increased oil production.

(in reply to BoscoX)

Profile

Post #: 8

RE: Greater government control over oil - 3/4/2023 5:52:42 PM

BoscoX

Posts: 11332
Joined: 12/10/2016
Status: online

quote:

ORIGINAL: MasterJaguar01

quote:

ORIGINAL: BoscoX

Why do I have to explain this

It's not just China Joe

Your entire cult is putting herculean efforts into crushing oil, gas, and coal

From the local ninny sabotaging pipelines to BlackRock and their literally fascist public / private WEF ESG scheme

Biden may be the face of destroyi8ng affordable energy for the poor but he is far removed from being the brains of the outfit, nowhere near the dark Bond-style evil villains who are profiting the most from all of the suffering you and your despicable cult is wreaking

You don't have to explain this. Please don't. You have no idea what you are talking about.
Your post is nonsensical and completely irrelevant to the thread and my proposal.
Which is...

Direct federal government subsidies to US oil companies directed for increased oil production.

Insane.

You are pretending that the "Democrats" will increase oil production...

_____________________________

Thought Criminal

(in reply to MasterJaguar01)

Profile

Post #: 9

RE: Greater government control over oil - 3/4/2023 6:05:30 PM

MasterJaguar01

Posts: 2397
Joined: 12/2/2006
Status: online

quote:

ORIGINAL: BoscoX

Insane.

You are pretending that the "Democrats" will increase oil production...

You are soooooo gullible... Fox News 24/7

U.S. crude oil production will increase to new records in 2023 and 2024
Notice the huge drop in oil production during the Trump administration in 2020 during COVID - The CAUSE of our current oil prices as demand as rebounded.

(in reply to BoscoX)

Profile

Post #: 10