Ukraine

11617192122220

Comments

  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,248
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    Remember the Thomas Nine !! (10/02/2018)
    The Golden Age is 2 months away. And guess what….. you’re gonna love it! (teskeinc 11.19.24)

    1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
    2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
    2013: London ON, Wrigley; 2014: Cincy, St Louis, Moline (NO CODE)
    2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
    2020: Oakland, Oakland:  2021: EV Ohana, Ohana, Ohana, Ohana
    2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
    2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana; 2025: Pitt1, Pitt2
  • It's starting
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    Yea, I wonder what the “climate” was that President Biden “created?” Seeing Putin on the ritz for what he is? A former KGB agent turned kleptocrat extraordinaire?

    If you want to place blame for creating a “climate” where this is acceptable, look no further than Darth Cheney, Wolfawitz, Rummy and the neocons, and their invasion of Iraq under false pretenses.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

    Libtardaplorable©. And proud of it.

    Brilliantati©
  • Honestly, shouldn't we be able to demand more of people listening to Pearl Jam than to blame Putin's actions on Joe Biden?

    Seriously?
    "Mostly I think that people react sensitively because they know you’ve got a point"
  • mrussel1
    mrussel1 Posts: 30,883
    Honestly, shouldn't we be able to demand more of people listening to Pearl Jam than to blame Putin's actions on Joe Biden?

    Seriously?
    I ain't the reason that you gave me no reason to return your call
    You built a house of cards and got shocked when you saw them fall
    Yeah, well, I ain't saying I'm innocent - in fact, the reverse
    But if you're headed to the grave, you don't blame the hearse
    You're like a little girl yelling at her brother 'cause you lost his ball, yeah
  • The Juggler
    The Juggler Posts: 49,598
    edited February 2022
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Post edited by The Juggler on
    www.myspace.com
  • "Mostly I think that people react sensitively because they know you’ve got a point"
  • "Mostly I think that people react sensitively because they know you’ve got a point"
  • RoleModelsinBlood31
    RoleModelsinBlood31 Austin TX Posts: 6,242
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Biden is beholden to his leftist powers that be.  When he begged opec to produce more oil for us back at the end of last summer when our prices here soared they told him to pound sand and get it from our vast country full of opportunity.  Why didn’t he listen?

    Instead he doubled what we get from Saudi arabia from December of 2020 to October of 2021 and tripled the oil from Russia from what we were importing from February 2019 to September 2021!!

    In May of last year, Biden increased by 23 percent to 844,000 barrels a day from the prior month, which was almost 10 percent of all our oil imports for the month. The only country we import more oil from is Canada.

     Exactly why are we importing and dependant on such an adversary?

    if he wasn’t so owned by his handlers, we wouldn’t be sending 30million a month to fuel putin’s insanity.

    add to that Biden’s comment on not going hard on Russia back in December “ “If in fact he invades Ukraine, there will be…economic consequences like none he’s ever
    seen…His immediate response was he understood that…The idea the United States is going to unilaterally use force to confront Russia invading Ukraine is not in the cards right now."


    And you have what we have now.  He showed his hand (a weak telegraph that we weren’t going to stop Putin)
    I'm like an opening band for your mom.
  • mrussel1
    mrussel1 Posts: 30,883
    edited February 2022
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Biden is beholden to his leftist powers that be.  When he begged opec to produce more oil for us back at the end of last summer when our prices here soared they told him to pound sand and get it from our vast country full of opportunity.  Why didn’t he listen?

    Instead he doubled what we get from Saudi arabia from December of 2020 to October of 2021 and tripled the oil from Russia from what we were importing from February 2019 to September 2021!!

    In May of last year, Biden increased by 23 percent to 844,000 barrels a day from the prior month, which was almost 10 percent of all our oil imports for the month. The only country we import more oil from is Canada.

     Exactly why are we importing and dependant on such an adversary?

    if he wasn’t so owned by his handlers, we wouldn’t be sending 30million a month to fuel putin’s insanity.

    add to that Biden’s comment on not going hard on Russia back in December “ “If in fact he invades Ukraine, there will be…economic consequences like none he’s ever
    seen…His immediate response was he understood that…The idea the United States is going to unilaterally use force to confront Russia invading Ukraine is not in the cards right now."

    And you have what we have now.  He showed his hand (a weak telegraph that we weren’t going to stop Putin)
    Dude.  The federal gov't does not control how much oil is produced.  The US oil companies CHOSE to shut down rigs and wells throughout 2020 and 2021.  Why do you Republicans have this misconception that Biden or ANY president has control over oil production.  Stop with this argument.  It's wrong.  
  • The Juggler
    The Juggler Posts: 49,598
    edited February 2022
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Biden is beholden to his leftist powers that be.  When he begged opec to produce more oil for us back at the end of last summer when our prices here soared they told him to pound sand and get it from our vast country full of opportunity.  Why didn’t he listen?

    Instead he doubled what we get from Saudi arabia from December of 2020 to October of 2021 and tripled the oil from Russia from what we were importing from February 2019 to September 2021!!

    In May of last year, Biden increased by 23 percent to 844,000 barrels a day from the prior month, which was almost 10 percent of all our oil imports for the month. The only country we import more oil from is Canada.

     Exactly why are we importing and dependant on such an adversary?

    if he wasn’t so owned by his handlers, we wouldn’t be sending 30million a month to fuel putin’s insanity.

    add to that Biden’s comment on not going hard on Russia back in December “ “If in fact he invades Ukraine, there will be…economic consequences like none he’s ever
    seen…His immediate response was he understood that…The idea the United States is going to unilaterally use force to confront Russia invading Ukraine is not in the cards right now."

    And you have what we have now.  He showed his hand (a weak telegraph that we weren’t going to stop Putin)
    Is this a riddle? It reads as if you cut and pasted pieces of multiple articles into this one post. Links please, if you'd like to have a discussion.

    Also, so this whole Russia/Ukraine thing isn't a distraction for your Durham investigation anymore? lol. Because that is all your right wing media talked about last week until Bull Durham made his clarification. Now, apparently, this is a real conflict but it's all Joe Biden's fault. Phew---all that pivoting can be confusing....hence the republicans current messaging problem. 
    www.myspace.com
  • static111
    static111 Posts: 5,102
    edited February 2022
    mrussel1 said:
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Biden is beholden to his leftist powers that be.  When he begged opec to produce more oil for us back at the end of last summer when our prices here soared they told him to pound sand and get it from our vast country full of opportunity.  Why didn’t he listen?

    Instead he doubled what we get from Saudi arabia from December of 2020 to October of 2021 and tripled the oil from Russia from what we were importing from February 2019 to September 2021!!

    In May of last year, Biden increased by 23 percent to 844,000 barrels a day from the prior month, which was almost 10 percent of all our oil imports for the month. The only country we import more oil from is Canada.

     Exactly why are we importing and dependant on such an adversary?

    if he wasn’t so owned by his handlers, we wouldn’t be sending 30million a month to fuel putin’s insanity.

    add to that Biden’s comment on not going hard on Russia back in December “ “If in fact he invades Ukraine, there will be…economic consequences like none he’s ever
    seen…His immediate response was he understood that…The idea the United States is going to unilaterally use force to confront Russia invading Ukraine is not in the cards right now."

    And you have what we have now.  He showed his hand (a weak telegraph that we weren’t going to stop Putin)
    Dude.  The federal gov't does not control how much oil is produced.  The US oil companies CHOSE to shut down rigs and wells throughout 2020 and 2021.  Why do you Republicans have this misconception that Biden or ANY president has control over oil production.  Stop with this argument.  It's wrong.  
    I think they have a hard time believing that the oil companies that are supposed to be on their side would choose to manipulate markets to extract more profits from the AMERICAN consumer.  Much easier to blame Biden.  Which begs the question, Are oil companies purposely underproducing to make Biden look bad so they can help usher in a more energy friendly administration?  Probably.
    Scio me nihil scire

    There are no kings inside the gates of eden
  • mrussel1 said:
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Biden is beholden to his leftist powers that be.  When he begged opec to produce more oil for us back at the end of last summer when our prices here soared they told him to pound sand and get it from our vast country full of opportunity.  Why didn’t he listen?

    Instead he doubled what we get from Saudi arabia from December of 2020 to October of 2021 and tripled the oil from Russia from what we were importing from February 2019 to September 2021!!

    In May of last year, Biden increased by 23 percent to 844,000 barrels a day from the prior month, which was almost 10 percent of all our oil imports for the month. The only country we import more oil from is Canada.

     Exactly why are we importing and dependant on such an adversary?

    if he wasn’t so owned by his handlers, we wouldn’t be sending 30million a month to fuel putin’s insanity.

    add to that Biden’s comment on not going hard on Russia back in December “ “If in fact he invades Ukraine, there will be…economic consequences like none he’s ever
    seen…His immediate response was he understood that…The idea the United States is going to unilaterally use force to confront Russia invading Ukraine is not in the cards right now."

    And you have what we have now.  He showed his hand (a weak telegraph that we weren’t going to stop Putin)
    Dude.  The federal gov't does not control how much oil is produced.  The US oil companies CHOSE to shut down rigs and wells throughout 2020 and 2021.  Why do you Republicans have this misconception that Biden or ANY president has control over oil production.  Stop with this argument.  It's wrong.  
    As is thinking the US would get into a hot war with a nuclear armed rival over Ukraine. The repub arguments are nonsense.

    In the past, pre-POOTWH, the opposition would either STFU, offer tepid support or be wholly onboard. POTUS has large leeway as CIC and as such, had typically been given the benefit of the doubt regarding foreign conflicts, particularly prior to the bullets flying and the bombs dropping. What Fucker Carlson, faux news and some of the elected repubs are doing with their comments is supporting Putin on the ritz. At least Cancun Ted Crud gets it.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

    Libtardaplorable©. And proud of it.

    Brilliantati©
  • mrussel1
    mrussel1 Posts: 30,883
    static111 said:
    mrussel1 said:
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    I don't know why the Biden thread got shut down but the last guy's reasons for why it's Biden's fault are ridiculous. Thought it was funny that, according to him, Biden is to blame because we are no longer energy independent. He said this literally 4 days after this tidbit of news came out lol:

    https://www.axios.com/us-energy-independent-petroleum-2982ed18-9110-4c31-ad67-82abe643f661.html

    The U.S. is now energy independent

    Data Energy Information Administration Chart Axios Visuals
    Data: Energy Information Administration. Chart: Axios Visuals

    For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing.

    The intrigue: It's elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the numbers were essentially in balance in 2021, according to the Energy Information Administration.

    Why it matters: The surge in oil prices taking place in 2022 has radically different implications for the U.S. economy — and for key geopolitical relationships in the Middle East and Russia — than in past episodes when energy prices have risen.

    The big picture: In the past, when oil prices spiked, the impact on the U.S. economy was straightforward: It made America poorer, as more of our income went overseas to pay for imported energy.

    • Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
    • Higher oil prices no longer depress overall measures of prosperity like GDP and national income, but rather shift it around toward certain regions. Texas and North Dakota win; Massachusetts and North Carolina lose.

    By the numbers: As recently as 2010, America imported 9.4 million barrels a day of oil more than it exported. That had swung to a 650,000 barrel per day surplus in 2020, and preliminary numbers for 2021 show trade pretty much in balance last year.

    Worth noting: To the degree the U.S. does still import oil, more of it is coming from our closest ally. Canada was the source of 51% of U.S. petroleum imports in the first 10 months of 2021, compared with 8% from the Persian Gulf.

    • By contrast, the Gulf states supplied more than 30% of American petroleum imports in 2008.

    Free idea for an international relations professor: Assign an essay question on how the changing economics of energy could affect America's stance in Middle Eastern diplomacy.

    The impact on geopolitics extends to a potential Russian invasion of Ukraine. Disruptions to European energy supplies would have a less direct effect on the U.S. than they might have in an earlier era.

    The bottom line: When oil prices spike, it's no longer a problem for overall growth—but because energy is a global market, it still means pain for American consumers and the sitting administration.

    Biden is beholden to his leftist powers that be.  When he begged opec to produce more oil for us back at the end of last summer when our prices here soared they told him to pound sand and get it from our vast country full of opportunity.  Why didn’t he listen?

    Instead he doubled what we get from Saudi arabia from December of 2020 to October of 2021 and tripled the oil from Russia from what we were importing from February 2019 to September 2021!!

    In May of last year, Biden increased by 23 percent to 844,000 barrels a day from the prior month, which was almost 10 percent of all our oil imports for the month. The only country we import more oil from is Canada.

     Exactly why are we importing and dependant on such an adversary?

    if he wasn’t so owned by his handlers, we wouldn’t be sending 30million a month to fuel putin’s insanity.

    add to that Biden’s comment on not going hard on Russia back in December “ “If in fact he invades Ukraine, there will be…economic consequences like none he’s ever
    seen…His immediate response was he understood that…The idea the United States is going to unilaterally use force to confront Russia invading Ukraine is not in the cards right now."

    And you have what we have now.  He showed his hand (a weak telegraph that we weren’t going to stop Putin)
    Dude.  The federal gov't does not control how much oil is produced.  The US oil companies CHOSE to shut down rigs and wells throughout 2020 and 2021.  Why do you Republicans have this misconception that Biden or ANY president has control over oil production.  Stop with this argument.  It's wrong.  
    I think they have a hard time believing that the oil companies that are supposed to be on their side would choose to manipulate markets to extract more profits from the AMERICAN consumer.  Much easier to blame Biden.  Which begs the question, Are oil companies purposely underproducing to make Biden look bad so they can help usher in a more energy friendly administration?  Probably.
    Honestly, I am not as cynical about business decisions as you are.  These are publicly traded companies who have major shareholders that scrutinize their decisions with their own analysts.  They are going to optimize profits.  Sometimes that means drilling more, sometimes that means shutting down rigs and producing less.  I believe they are economically rational.  But they can't turn on a dime either.  It takes months to ramp up production.  The OPEC states are more efficient because they have deeper reserves. 
  • josevolution
    josevolution Posts: 31,667
    Ridiculous to blame Biden for Putin's bullshit. If anything Putin is doing this to hurt Biden in hopes that puppetboy will get back in office.
    Bingo! 
    jesus greets me looks just like me ....
  • Jearlpam0925
    Jearlpam0925 Deep South Philly Posts: 17,537
    Gotta say this thread reached it's peak a few days ago, haha, and now - especially I guess because the Biden thread got locked - that this, too, will be run into the ground very soon. Just amazing.