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Biden Can’t Stop it: Another Oil Boom is Building in America
dbdailyupdate ^ | David Blackmon

Posted on 03/06/2021 5:04:45 AM PST by EyesOfTX

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1 posted on 03/06/2021 5:04:45 AM PST by EyesOfTX
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To: EyesOfTX

He will try to stop it.


2 posted on 03/06/2021 5:06:16 AM PST by IgnorerOfLiberals
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To: EyesOfTX

https://www.youtube.com/watch?v=NwzaxUF0k18


3 posted on 03/06/2021 5:11:15 AM PST by PGalt (past peak civilization?)
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To: EyesOfTX

Thanks for your posts and expertise.


4 posted on 03/06/2021 5:15:26 AM PST by PGalt (past peak civilization?)
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To: EyesOfTX
There is no level of depravity to which Rat Party Headquarters will not stoop.Given that Headquarters wants $8 a gallon gas I predict that they'll find a way to stop any "boom" that might be in progress...or brewing.

Just think of the bills,introduced by Occasional Cortex,can be passed in the next couple of years.Just think of the Executive Orders that Feels Up/Heels Up can issue...orders that would take years to challenge in the Federal courts. Just think of all the lawsuits that "Earth First" can file before Osama Obama appointees.

Need I continue?

5 posted on 03/06/2021 5:20:20 AM PST by Gay State Conservative (Trump: "They're After You. I'm Just In The Way")
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To: EyesOfTX
Biden can’t figure out how to put butter on oatmeal.

It’s the commies who are trying to wreck the USA.

6 posted on 03/06/2021 5:20:37 AM PST by HIDEK6 (F God bless Donald Trump. )
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To: EyesOfTX

Oil boom is fueled by higher oil prices, making more exploration economical. It is called supply and demand.


7 posted on 03/06/2021 5:35:19 AM PST by kabar
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To: EyesOfTX
I expect Biden's puppetmasters to try to outlaw out-executive order fracking for some made up environmental reason just like New York has.
8 posted on 03/06/2021 5:35:30 AM PST by KarlInOhio (The greatest threat to world freedom is the Chinese Communist Party and Joe Biden is their puppet.)
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To: EyesOfTX
The market does a pretty good job of projecting and forcasting. With Biden in office, we see the price of gas spiking across the U.S. and it's likely to continue. When the author speaks about an "oil boom" what exactly does he mean? An "oil boom" that benefits producers? Oil producers will always profit so long as there are consumers.

The question we need to ask is whether a questionable "oil boom" under the anti-fossil fuel policies of the Biden administration will translate into lower fuel prices for the consumer.

You cannot impose policies that increase the price of a barrel of oil and expect the consumer to benefit! It won't happen!

9 posted on 03/06/2021 5:36:16 AM PST by JesusIsLord
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To: IgnorerOfLiberals

“He will try to stop it.”

He WILL stop it, if he can get control of the courts. So far, he hasn’t accomplished that, despite the best efforts of Lin Wood and his Republican followers to give him that power by handing the Senate to the Democrats to ‘teach the GOP a lesson’. So now the filibuster (and with that Biden’s inability to pack the courts) hangs by a thread in Senate. We’ll see how long that lasts...


10 posted on 03/06/2021 5:46:41 AM PST by BobL (TheDonald.win is now Patriots.win)
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To: kabar

Remember the oil boom caused by Jimmy Carter in the late 1970s? The Alaska Pipeline, which had been stopped by “greenies”, was suddenly given the Green Light to go ahead.

Oil prices shot up but the Gov’t said the oil companies could not charge the higher price for oil per barrel, but had to sell at old prices. Only NEW wells drilled in the late 1970s could charge the new higher price.

I have it from several men in the oil drilling business that the companies then shut down the old wells, and drilled new wells next to them to get the higher price.


11 posted on 03/06/2021 6:24:21 AM PST by Ruy Dias de Bivar ((Democrats have declared us to be THE OBSOLETE MAN in the Twilight Zone.))
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To: EyesOfTX

“Curses! Foiled again! We’ll not get to $4.00/gal if production picks up due to higher prices! Stop this cycle!”- Biden


12 posted on 03/06/2021 6:27:03 AM PST by griswold3
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To: JesusIsLord

I’m heavily invested in bitumen, because you can’t pave a highway, runway or driveway with hopeychangium, no matter what they suggest!


13 posted on 03/06/2021 6:27:08 AM PST by pingman ("I ain't in no ways tarred.." of WINNING!)
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To: BobL

“....despite the best efforts of Lin Wood and his Republican followers to give him that power by handing the Senate to the Democrats to ‘teach the GOP a lesson’.”

I don’t believe you understand that it would not have mattered one whit whether all pubes showed up to vote. The steal was in even if it hair-lipped hitler.


14 posted on 03/06/2021 6:44:59 AM PST by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: EyesOfTX

Just go out and park on a rural overpass of any major interstate highway and count the number of big rig 18-wheelers that pass under it in any given hour.
They ALL run on diesel. Every train, ship and aircraft all run on fossil fuel with minor exceptions as well as the majority of light vehicles.
Liberalism is a chronic, no-cure mental disease that will destroy this nation and her People IF not stopped.


15 posted on 03/06/2021 6:48:35 AM PST by lgjhn23 (Pray for America....)
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To: EyesOfTX

As the Canadian born former governor of Michigan vows to stop it threatening if it does not stop. Threatening what I don’t know.

Like the 30 x 30 land grab threat. Just how? Over taxation?


16 posted on 03/06/2021 6:57:38 AM PST by Sequoyah101 (I have a burning hatred of anyone who would vote for a demented, pedophile, crook and a commie whore)
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To: EyesOfTX

Won’t keep him from trying...


17 posted on 03/06/2021 7:06:09 AM PST by gov_bean_ counter (Potemkin Joe - Everything about him is fake)
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To: EyesOfTX
oil production – overwhelmingly lie on privately-held lands in places like Texas, North Dakota and the eastern half of Colorado.

Fingers crossed on that prediction. About 10 years ago a nascent oil company in Texas paid the heirs to my grandfather's old East Texas farm a big signing bonus and agreed to a 25% royalty for a 3 year lease. We heard that they were going to drill the first year.

Well, they did pay the signing bonus but after that, nothing. It was our understanding that the oil was down deep, but that was not a deterrent, at least at first. I suppose with the advent of fracking, really deep drilling became impractical. (?)

18 posted on 03/06/2021 7:07:31 AM PST by DeFault User
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To: IgnorerOfLiberals

Obama caused the last boom and Biden is Obama II. I took advantage of Obama’s policy and Biden will be just as good for the investor class. The boom is happening and consumers will be damaged while the wealthy get richer, just as it was under Obama.

Democrats always bring about the opposite of what they say they want.


19 posted on 03/06/2021 7:19:29 AM PST by SaxxonWoods (The Republican Party is dead. Long live the MAGA Party.)
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To: LastDayz

“I don’t believe you understand that it would not have mattered one whit whether all pubes showed up to vote. The steal was in even if it hair-lipped hitler.”

Damn! I was hoping to make 3 Lynn Wood comments in a row this morning and not get any responses. Because, if that happens, then I’m done with him and the Georgia runnoffs.

As to your comment - Trump didn’t think so, otherwise why the two trips there and imploring Republicans to vote? Seems to me that if Trump really thought the same as Lynn Wood, he would have called for a boycott of that election (and I would have nothing to bitch about).

To put it another way, if you want to boycott an election you see as fixed, it helps to have the leader of your party on board.


20 posted on 03/06/2021 7:25:24 AM PST by BobL (TheDonald.win is now Patriots.win)
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