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Aug 16 2023 11:47pm
Quote (Black XistenZ @ Aug 16 2023 10:36pm)
If oil production in 2023 beats the Trump-era record, it will be in spite of the policies of the Biden admin, not because of them.
Also note that it's not exactly difficult to have domestic producers pumping at full throttle at the price levels we've seen since early 2022, when the war in Ukraine and the sanctions caused turmoil on the global energy markets.


so he's to blame but had nothing to do with the uptick.. -.-
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Aug 17 2023 12:11am
Quote (theCrossbones @ 17 Aug 2023 07:47)
so he's to blame but had nothing to do with the uptick.. -.-

His actual policies throttled domestic oil production. I don't see how that's disputable. Given the cirucmstances, oil production in 2023 would be even higher under an oil-friendly administration.

Your argument is similar to someone arguing "tax revenue reached new heights under Trump, so that means his tax cut bill didn't actually harm tax revenue".
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Aug 17 2023 04:02am
Quote (theCrossbones @ Aug 16 2023 09:58pm)


bogus dude has a pimple?

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Aug 17 2023 08:13am
Quote (Black XistenZ @ Aug 16 2023 11:11pm)
His actual policies throttled domestic oil production. I don't see how that's disputable. Given the cirucmstances, oil production in 2023 would be even higher under an oil-friendly administration.

Your argument is similar to someone arguing "tax revenue reached new heights under Trump, so that means his tax cut bill didn't actually harm tax revenue".
https://i.imgur.com/SBPsay4.jpg


his polices throttled yet the US is on path to produce more than ever before?? and wtf tax code has to do with oil production.
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Aug 17 2023 09:45am
Quote (theCrossbones @ Aug 17 2023 07:13am)
his polices throttled yet the US is on path to produce more than ever before?? and wtf tax code has to do with oil production.


do you have an explanation of the recent surge in WTI crude prices?
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Aug 17 2023 05:39pm
Quote (theCrossbones @ 17 Aug 2023 16:13)
his polices throttled yet the US is on path to produce more than ever before?? and wtf tax code has to do with oil production.


His policies were detrimental to US production, but since the macro factors (global oil prices and surging demand after the turmoil caused by the Ukraine war) were creating such a strong upward trend, production grew nonetheless - but not by as much as it could or should have.

Sad that you can't comprehend the simple analogy with the Trump tax cut bill and the record tax revenue.
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Aug 17 2023 10:03pm
Quote (Black XistenZ @ Aug 17 2023 04:39pm)
His policies were detrimental to US production, but since the macro factors (global oil prices and surging demand after the turmoil caused by the Ukraine war) were creating such a strong upward trend, production grew nonetheless - but not by as much as it could or should have.

Sad that you can't comprehend the simple analogy with the Trump tax cut bill and the record tax revenue.


From infrastructure increases and increased production in Gulf of Mexico.
And take your fixed tax rate analogy and try it some where else. this is
Manufacturing/supply-demand driven.
Gain loss from a fixed tax rate has very little in common with the free market and recovery from a pandemic.
https://www.forbes.com/sites/rrapier/2023/04/29/us-oil-production-on-track-to-set-a-new-record-in-2023/?sh=2ac2527c7226
https://www.eia.gov/todayinenergy/detail.php?id=55299

This post was edited by theCrossbones on Aug 17 2023 10:03pm
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Aug 18 2023 09:00am
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Aug 20 2023 04:54am
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Aug 21 2023 04:27am
dip chit wants to bring back the leftie fraud maga hat

Jan 17 2023
The Biden Administration Is Trying to Bring Back Mask Mandates
https://mast.house.gov/2023/1/the-biden-administration-is-trying-to-bring-back-mask-mandates
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