No we had excess supply because Trump was encouraging production instead of throwing a wrench into the system. Everyone can see it. But feel free to pretend otherwise, it’s what leftists do. See Russian collusion and Biden’s brain. And the Virus did not come from Wuhan…lol! That’s not Hunters laptop. 50 year of failed climate predictions. And crime ridden cities with cheap bail…
2 Likes
e7alr
November 26, 2021, 7:48pm
183
In fact the excess supply was so extreme that storage capacity was being overwhelmed.
2 Likes
YOSUP
December 10, 2021, 12:30pm
184
Borgia_dude:
YOSUP:
Libs don’t understand how capitalism works. Even though keystone wasn’t completely built, it was a bargaining chip against opec to keep costs down, because they knew eventually we wouldn’t need them, nor could they compete with us in exporting. When you killed the pipeline you killed OPEC’S possible competition, they know this and are jacking prices on us because they know we have fools running the show, and they will do and say nothing.
That’s just right wing fantasy. Keystone would be YEARS away from producing. OPEC is concerned about the Permian and even tried to put the Permian out of business some years back and failed.
Axing Keystone INCREASES the importance of the Permian and OPEC doesn’t like that.
Russia owns the biggest oil pipeline in Druhzba and now owns the largest natural gas pipeline in Nordstream, thanks Biden! We are now dependent on Russia for energy and after they conquer Ukraine, and cobalt to that list.
1 Like
amadeus
December 10, 2021, 11:11pm
185
YOSUP:
Borgia_dude:
YOSUP:
Libs don’t understand how capitalism works. Even though keystone wasn’t completely built, it was a bargaining chip against opec to keep costs down, because they knew eventually we wouldn’t need them, nor could they compete with us in exporting. When you killed the pipeline you killed OPEC’S possible competition, they know this and are jacking prices on us because they know we have fools running the show, and they will do and say nothing.
That’s just right wing fantasy. Keystone would be YEARS away from producing. OPEC is concerned about the Permian and even tried to put the Permian out of business some years back and failed.
Axing Keystone INCREASES the importance of the Permian and OPEC doesn’t like that.
Russia owns the biggest oil pipeline in Druhzba and now owns the largest natural gas pipeline in Nordstream, thanks Biden! We are now dependent on Russia for energy and after they conquer Ukraine, and cobalt to that list.
The Oli Age will be short-lived.
YOSUP
December 14, 2021, 5:10pm
186
Not if Russia and China control the worlds cobalt