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The U.S. Oil & Gas Association has fired back at Joe Biden after the Democrat president was snubbed by the Saudi Arabia-led Organization of the Petroleum Exporting Countries (OPEC).
As Slay News reported Wednesday, OPEC will slash oil production despite the Biden administration begging the group to ramp it up.
The move is a huge blow to Biden ahead of the midterms as the cut in oil will send gas prices soaring further.
The oil and gas industry has warned Biden that he now has no other option that to increase the domestic output of fossil fuels.
In a post on social media, the U.S. Oil & Gas Association said: “OPEC says no, SPR options all but gone…
“The WH has one option left and it is the one option they should have never turned away from in the first place—the US-based oil and gas industry.
Patrick says
Why hasn't the WH told the Saudis, "OK, we're now charging you $30 billion a day to make sure nothing 'happens' to oil tankers leaving your ports..."?
If we had a POTUS with all his marbles in his head, that is what would have happened.
Norway sticking it to their fellow NATO partners in Europe.
It makes it easier to market their green new deal like electric cars, solar, etc.
I'm not attaching solar to my roof.
Gavin Newsom calls for emergency tax to combat high gas prices in California and gets mocked mercilessly online...
"Gas prices in Florida are half the price in California. Why is it only California with $7 gas right now!" asked Christina Pushaw, the rapid response director for Florida Gov. Ron DeSantis (R).
"Really strange how oil companies only get really greedy when they cross the California border," read another popular response.
"Only an economically illiterate Democrat would think enacting yet another state tax on petroleum companies will bring about a decrease in gas prices LOL. You couldn't make up this level of stupid if you tried," responded another detractor.
"Gas prices are $3 less per gallon in Texas. I guess Texas uses different oil companies," said another critic.
Valero Shuts Down Democrats Complaining about High Gas Prices: Policymakers Are ‘Eliminating Refinery Sector’
American energy giant Valero has responded to Democrat politicians who demanded information about high gas prices in California.
The company issued a blistering rebuke of all the Democrat policies that caused oil prices to soar.
A new study indicates that President Joe Biden's energy policies have cost the U.S. nearly $100 billion in annual output, leaving millions more barrels that could have been produced.
The Committee to Unleash Prosperity — a group founded by economists Steve Forbes, Art Laffer, and Stephen Moore — discovered a trend while reviewing oil and gas production under the previous two administrations.
Between 2 and 3 million more barrels of oil would be produced each day if former President Donald Trump had a second term, with another 20 to 25 billion cubic feet of natural gas produced as well, according to the report.
In addition, continuing Trump's policies would make domestic oil production far outpace the current OPEC cut, with researchers claiming that not a single barrel of oil would need to be sold from the U.S. strategic reserves.
"After many humiliating months of President Biden begging Saudi Arabia and other OPEC countries to please increase their oil production, OPEC countries have decided to do just the opposite: they are cutting back on supply by two million barrels a day to drive UP the price of oil," Moore stated.
"These high prices at the pump are in no small part attributable to Biden's hostility to American oil and gas production," he concluded, adding that the radical environmentalist movement has led to substantial divestment in oil and gas development.
Got that fucker beat.
Fremont, about 45min ago:
cisTits says
Got that fucker beat.
Fremont, about 45min ago:
What the fuck ? I'm paying $2.90 a gallon in the Florida panhandle now.
.
cisTits says
Got that fucker beat.
Fremont, about 45min ago:
What the fuck ? I'm paying $2.90 a gallon in the Florida panhandle now.
.
Shitcago
That sounds bad until you learn that diesel is $6.65! Wow!
The line of cars and trucklets often goes through the parking lot and out onto the side road waiting! It seems that saving 30¢/gallon when gas is expensive is more fun than saving 30¢/gallon when gas is cheap?
SunnyvaleCA says
The line of cars and trucklets often goes through the parking lot and out onto the side road waiting! It seems that saving 30¢/gallon when gas is expensive is more fun than saving 30¢/gallon when gas is cheap?
I'm at a different station in life I guess. 30¢/gal difference is so trivial and I drive a V8 that is 24 gallons I believe. You're talking a $7 savings per fill up. I can make that in the time I'm waiting.
People don't value time like they should. Get the gas and go out and hustle even if you pay more. Or relax and enjoy life. It's no different than coupon clipping. You're wasting time when you can be more productive and earn more.
Even at $20.00 per gallon,
Even at $20.00 per gallon, which would come out to one dollar per mile in a modest 20 mpg vehicle, gasoline is Super-Cheap for transportation. A bargain of the millenia.
People are so clueless.
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