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Thread: Dems change tune after mocking GOP for ‘drill, baby, drill’

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by ironhorse View Post
    Supply and demand will work. As prices get to low for US oil to be profitable those sources will shut down and prices will come back up to a point of even keel. If prices go too high, production will ramp up and prices will come down that is a good thing and how it should work. When OPEC ran things they artificially controlled supply and kept prices artificially high but with America capable of so much production now they cant do so and that too is a good thing. "Drill baby drill" worked.
    Its not supply and demand though. The US government provides BILLIONS in subsidies for these American companies. Thats not the market, thats the government manipulating the market.
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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by ironhorse View Post
    It's called supply and demand, get it now DNC? Get it now Obama?
    Be sure to watch the video, it's hilarious.


    Back when gas topped $4 a gallon, Republicans chanted "drill, baby, drill" at rallies across the country -- arguing more domestic drilling would increase supplies, reduce dependence on foreign oil and boost the U.S. economy.

    Democrats, almost universally, mocked the GOP plan. In 2012, President Obama called it "a slogan, a gimmick, and a bumper sticker ... not a strategy."

    "They were waving their three-point plans for $2-a-gallon gas," Obama told a laughing audience during an energy speech in Washington. "You remember that? Drill, baby, drill. We were going through all that. And none of it was really going to do anything to solve the problem."

    "'Drill, baby, drill' won't lower gas prices today or tomorrow," Rep. Janice Hahn, D-Calif., echoed on the floor of Congress in 2012. "But it will fuel our addiction to fossil fuel."


    Dems change tune after mocking GOP for


    OK look...


    First, Obama is a follower not a leader. Some months ago he championed the Keystone XL pipeline for the same reasons the Republicans are today...

    In March of last year, President Obama stood among KXL pipe produced by workers in Arkansas and famously announced that he was approving the Southern portion of KXL. Extolling the virtues of the pipeline extension for job creation and economic prosperity when he announced, “Today, I’m directing my administration to cut through the red tape, break through the bureaucratic hurdles, and make this project a priority, to go ahead and get it done.”
    Keystone Pipeline - Five Years And Counting - Forbes
    Now its "Canadian oil" and "a few hundred jobs". No more about "energy security" or any of that crap.

    World oil prices are down because OPEC is glutting the market, over-supplying to drive prices down and send a message that that Canadian crude cannot be allowed to ship to their last real growth market: China.

    So, now you have a policy to stop Canadian oil from reaching market, and prevent further domestic exploration, especially in the "climate sensitive" Arctic.

    The reasons they give you are bull****, as evidenced by Obama's unflinching support of Keystone some months ago changing to a political war with the right the next. It has nothing to do with the environment, little frogs, potential leaks from the safest oil transport system in the world, and everything to do with keeping the Saudi's very happy....


    But don't despair prices will begin inching upward again soon.....and Canadian crude WILL ship to market. China wants it.
    ""You know, when we sell to other countries, even if they're allies -- you never know about an ally. An ally can turn."
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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Fearandloathing View Post
    OK look...


    First, Obama is a follower not a leader. Some months ago he championed the Keystone XL pipeline for the same reasons the Republicans are today...



    Now its "Canadian oil" and "a few hundred jobs". No more about "energy security" or any of that crap.

    World oil prices are down because OPEC is glutting the market, over-supplying to drive prices down and send a message that that Canadian crude cannot be allowed to ship to their last real growth market: China.

    So, now you have a policy to stop Canadian oil from reaching market, and prevent further domestic exploration, especially in the "climate sensitive" Arctic.

    The reasons they give you are bull****, as evidenced by Obama's unflinching support of Keystone some months ago changing to a political war with the right the next. It has nothing to do with the environment, little frogs, potential leaks from the safest oil transport system in the world, and everything to do with keeping the Saudi's very happy....


    But don't despair prices will begin inching upward again soon.....and Canadian crude WILL ship to market. China wants it.
    China and Saudi Arabia are building a new refinery.

    See half way down the page.

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    We actually saved more oil due to increased vehicle efficiency since 2008 than we have brought online via tight oil. Moreover, while tight oil has boosted worldwide supply, its only profitable at higher oil prices. The reduced oil prices today are more the result of reduced demand coupled with OPEC not cutting production in an attempt to increase market share.

    Point being there is a little more to the supply / demand equation in regards to the current oil markets than the poster in the OP seems to realize.
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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Sooda View Post
    China and Saudi Arabia are building a new refinery.

    See half way down the page.

    The Review | SUSTG
    relevance?

    China and Canada are building a second LNG plant in BC.

    How does that affect one word I posted?


    Please, in future read ALL of what is posted OK?
    ""You know, when we sell to other countries, even if they're allies -- you never know about an ally. An ally can turn."
    Donald Trump, 11/23/17

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Fearandloathing View Post
    relevance?

    China and Canada are building a second LNG plant in BC.

    How does that affect one word I posted?


    Please, in future read ALL of what is posted OK?
    Well Keystone won't create many permanent jobs and we may not need it with there being such a glut on the market... Also China owns a good bit of Canada's production new.

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Sooda View Post
    Well Keystone won't create many permanent jobs and we may not need it with there being such a glut on the market... Also China owns a good bit of Canada's production new.

    Link?

    I do not believe you have even read original material on the 35 year Keystone project, have not one clue about how many jobs have been created nor how existing Keystone pipelines are part of a once held idea by presidents from Carter to Reagan to Bush to Clinton to Bush about North American oil self sufficiency. I do not believe you even know the meaning of the post where your faultless president one day is fast-tracking the deal FOR JOBS while soon after claims there are no real jobs....a meme you regurgitate without even having Googled "keystone xl"

    I do not see how your posts add anything to the debate, nor can they if you are buried under the pile of manure propaganda flowing out of the White House's ass hole.
    ""You know, when we sell to other countries, even if they're allies -- you never know about an ally. An ally can turn."
    Donald Trump, 11/23/17

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Sooda View Post
    Well Keystone won't create many permanent jobs and we may not need it with there being such a glut on the market... Also China owns a good bit of Canada's production new.
    In case you might ask..

    here's how reliable your faultless president is about jobs and keystone....


    Obama’s pronouncements set the U.S. media into a fact-checking frenzy. What about the 42,100 jobs that could result from the economic development—3,900 construction jobs, with tens of thousands more resulting from the ripple effect—over the one to two years it would take to build the pipeline?

    The discrepancy seems to be on what one’s definition of “job” is. Is it a two-year construction job that leaves someone out of work once the pipeline is built? Is it a rash of services such as sandwich joints to feed those hungry workers? Or should only the ones that would provide long-term employment be counted among the benefits of such an enormous project?

    Read more at The Truth Hurts? Obama's Stark Jobs Estimate for Keystone XL Pipeline - ICTMN.com
    Cool, simply change the definition of "job?" and yes, you can keep your plan.

    It's not a matter of which side of the aisle is lying....but by how much;

    ick a number between 100 and 1 million, and surely someone somewhere has used it to estimate how many Keystone pipeline jobs would be created if construction were allowed to begin on the $7 billion project to carry oil from Canada to Texas Gulf Coast refineries.

    It's no joke.
    Keystone Pipeline Jobs - How Many Would Be Created
    Not one of the government's figures includes "spin off jobs", nor long term support and service for the $112 million a year to monitor and upgrade the hundreds of miles of pipeline.

    Now does the White House talk about the income from land-lease agreements for right of way for the pipeline.

    And...here are some more reliable numbers, provided you are prepared to accept the standard definition of "job"


    But then, whenever the White House and its stooges get caught in a lie and get totally destroyed in their lies, they do change the meaning of the word...Obama sure has changed the words "leader" and "honest"
    ""You know, when we sell to other countries, even if they're allies -- you never know about an ally. An ally can turn."
    Donald Trump, 11/23/17

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by iacardsfan View Post
    Its not supply and demand though. The US government provides BILLIONS in subsidies for these American companies. Thats not the market, thats the government manipulating the market.
    Oil comps subsidies are a different subject and a myth. This thread is about supply and demand but I will humor you.

    "If you were to survey people and ask the question “Should we subsidize oil companies?” — the overwhelming majority would undoubtedly respond “ No!” The idea that we are subsidizing oil companies generates outrage in many people, but in this article I will show why these subsidies aren’t going to go away any time soon. The reason may surprise you.

    So let’s ask the question in a different way: “Should we allow oil companies to take a tax deduction also available to any U.S. manufacturer such as Apple or Microsoft?” A lot of people will still answer “ No” to that question, but certainly fewer than answered “No” to the original question.

    Now ask the question “Should farmers be allowed a fuel tax exemption for the fuel they use on the farm?” In this case, some people are going to say “ No”, but farmers are going to be near unanimous in saying “Yes!” Let’s ask one final question: “Should we fund programs like the Low Income Home Energy Assistance Program (HEAP) that help low-income families with their heating bills?” The irony in this question is that some of the people who are the most vehemently opposed to fossil fuel subsidies will argue that this is an important program that helps keep poor people from freezing to death in winter, and thus it would be inhumane to eliminate it.

    Yet unless you answered “ No” to all four questions you support programs that have been specifically identified as fossil fuel subsidies."

    The Surprising Reason That Oil Subsidies Persist: Even Liberals Love Them - Forbes

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Fearandloathing View Post
    In case you might ask..

    here's how reliable your faultless president is about jobs and keystone....



    Cool, simply change the definition of "job?" and yes, you can keep your plan.

    It's not a matter of which side of the aisle is lying....but by how much;



    Not one of the government's figures includes "spin off jobs", nor long term support and service for the $112 million a year to monitor and upgrade the hundreds of miles of pipeline.

    Now does the White House talk about the income from land-lease agreements for right of way for the pipeline.

    And...here are some more reliable numbers, provided you are prepared to accept the standard definition of "job"


    But then, whenever the White House and its stooges get caught in a lie and get totally destroyed in their lies, they do change the meaning of the word...Obama sure has changed the words "leader" and "honest"
    There won't be that many jobs... Maybe a few for monitoring pipeline flow and pressure.. Its done in real time at a distant computer bank these days.. And the construction jobs will be temporary and only around a thousand.

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