https://www.msn.com/en-us/money/markets/biden-admin-cancels-massive-oil-and-gas-lease-sale-amid-record-high-gas-prices/ar-AAXaRXw?ocid=winp1taskbar&cvid=9bce6f6bf6984f7d9f4a4bda2dc80e48
Starting with the keystone pipeline Biden has done nothing but hobble
the oil industry while blaming them for making too much money. He sure
saw to it Hunter Biden made millions in the Ukraine. Hunter Biden is
an energy consultant, yea right. I'm so sick of that old man lying to
me. We are all being scammed. He did graduate at the top of his law
class, said so himself. You believe him don't you?
As much as many of the problems we're having were baked into some of
the cake, the Democrats made it so much worse. Had they not passed
their $1,900,000,000,000 "American Rescue Plan" we might have avoided
the worst part of inflation.
The Democrats and the teachers unions are responsible for the huge
amount of damage done to large parts of the younger generation by
retarding their learning and stunting their social and emotional
growth.
Red states have lost much less social capital because they
resisted lockdowns, masking, and remote learning for vulnerable
students.
What's worse, the most vulnerable populations were hit the
hardest. All the "people of color" who voted for Democrats are getting damaged by those self-same politicians.
Meanwhile the wealthy white
remote worker class who vote Democratic suffer the least damage from
those policies.
In energy production, there is a three-pronged attack on
affordability by Democrats. First, they retard investment with red
tape in every way possible, cancelling pipelines, slow-walking or
denying leases, failing to offer leases, etc. Second, the relentless "renewable energy" drive makes it much less attractive to invest
because the Dems claim "we will eliminate fossil fuels" -- without
anything to replace them. Third, the ESG and other initiatives
pressure investment on the other end. Now they are going to claim that
high prices are due to gouging, which is patently ridiculous. Of
course if you are going to get pursued for that, you are less likely
to offer fuel for sale and prices again go up.
If anyone wants some recovery, they'd better hope for a red tsunami
in the fall. If the Senate and House are firmly in Republican hands,
there might be some improved sentiment to unstick stalled
investment. If Democrats are in control, it will be very, very, very
tough sledding.
You couldn't do worse than the Dems are doing. It's pretty obvious that
this is the case. They'll hope abortion rescues them. If so, the recession will be really awful and I would think there will be an apocolyptic election in 2024.
On 2022-05-12, floaterjr <gpg...@gmail.com> wrote:
https://www.msn.com/en-us/money/markets/biden-admin-cancels-massive-oil-and-gas-lease-sale-amid-record-high-gas-prices/ar-AAXaRXw?ocid=winp1taskbar&cvid=9bce6f6bf6984f7d9f4a4bda2dc80e48
Starting with the keystone pipeline Biden has done nothing but hobbleAs much as many of the problems we're having were baked into some of
the oil industry while blaming them for making too much money. He sure
saw to it Hunter Biden made millions in the Ukraine. Hunter Biden is
an energy consultant, yea right. I'm so sick of that old man lying to
me. We are all being scammed. He did graduate at the top of his law
class, said so himself. You believe him don't you?
the cake, the Democrats made it so much worse. Had they not passed
their $1,900,000,000,000 "American Rescue Plan" we might have avoided
the worst part of inflation.
The Democrats and the teachers unions are responsible for the huge
amount of damage done to large parts of the younger generation by
retarding their learning and stunting their social and emotional
growth. Red states have lost much less social capital because they
resisted lockdowns, masking, and remote learning for vulnerable
students. What's worse, the most vulnerable populations were hit the
hardest. All the "people of color" who voted for Democrats are getting damaged by those self-same politicians. Meanwhile the wealthy white
remote worker class who vote Democratic suffer the least damage from
those policies.
In energy production, there is a three-pronged attack on
affordability by Democrats. First, they retard investment with red
tape in every way possible, cancelling pipelines, slow-walking or
denying leases, failing to offer leases, etc. Second, the relentless "renewable energy" drive makes it much less attractive to invest
because the Dems claim "we will eliminate fossil fuels" -- without
anything to replace them. Third, the ESG and other initiatives
pressure investment on the other end. Now they are going to claim that
high prices are due to gouging, which is patently ridiculous. Of
course if you are going to get pursued for that, you are less likely
to offer fuel for sale and prices again go up.
If anyone wants some recovery, they'd better hope for a red tsunami
in the fall. If the Senate and House are firmly in Republican hands,
there might be some improved sentiment to unstick stalled
investment. If Democrats are in control, it will be very, very, very
tough sledding.
You couldn't do worse than the Dems are doing. It's pretty obvious that
this is the case. They'll hope abortion rescues them. If so, the recession will be really awful and I would think there will be an apocolyptic election in 2024.
Sadly, America is already paying the price for Biden's domestic blunders
and it won't be too long before they pay the price for Biden's
international blunders as well.
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