They pay farmers not to plant so the soil can heal and not put us in a dust bowl.. The Keystone pipeline is not something you should ever side with the oil companies on.. They would watch the country burn if they made money off of it.. like they are doing price gouging and using fox news to lobby their narratives.
True, I was not a big fan of trump but the situation right now it just unbelievable. I hope trump can take the office back. So all of us return to normal life
If you break up the union , then conservative media won’t care to be tribal since it’s not a opposing party to feed their TRIBALISM to viewers and would go back to reporting facts\
@The Memo Just curious, were we ever energy independent? Was there ever a period where we didn't import oil? And if there wasn't, was there a period when we did export oil? There's so much contradicting information these days but one thing we can all agree on is that the price of petrol has gone up exponentially. The only ones not affected by it are the wealthy...and wealthy politicians, which is pretty much all of them.
I would argue it’s not even strategic anymore. Hasn’t been since we got most of our oil from shale. Every time we released our SPR reserves (Desert Storm, Libya, Katrina) in the past it wasn’t actually needed. We should abolish the SPR
As an Aussie I totally agree. Driving your strategic reserve down right now is an insane risk to take. How did Biden not get the agencies to do simple math and not only see these problems coming when he first made these policies against fossil fuels. It’s kind boggling incompetency. To now be going to Saudi Arabia next month and asking Venezuela for more oil when he could be employing Americans and tapping it at home! It’s madness and complete incompetency.
@@chrisduncan1647 Yup, it's a backhanded attempt to force the growth and use of "green energy". However, in autos and trucks changing energy from coal or petrol to batteries is always a net loss in energy. There's always a loss of some of the fuel you change from one form to another.
Living down under, maybe you don't know about Ukraine. Now you can add that to all the other things you don't know anything about, if you still have room on that list.
And Jen Psaki, before signing a lucrative contract to lie for CNN, lied over and over about these permits not being used, as if oil companies wouldn’t instantly exploit the opportunity if not blocked. Lies, lies, and more democrat lies!
@UCu_-pRgIqB5dncND1XjedGA it's an auto bot programmed by CNN living in the matrix looking for a ringing payphone same bots as Justin TimberFlake Ask Mississippi Ask Mississippi Jason Barrett Ashley babbitt T-bag memo don't waist you valuable time
@@qualitygoldfish2198 Perhaps he is trying to say that all American oil, which was easy to extract, was extracted long ago. And the extraction of shale oil is simply economically unprofitable.
They may think releasing the reserve will let people see him as the hero. NO, we don’t. We see him as being stupid with poor leadership and managerial skills. He is 100% at fault.
joe STUPID AS A HAMMER biden is to corrupt to be a hero. Everything President Trump said about the biden family was absolutely true. The 60 minute interview where she accused him of russian disinformation should have been fired. The biden family is the most corrupt political family in modern history
Fun fact - some oil production companies are spending the windfall of oil prices launching up to pay investors but not to re-start shut down rigs. Now THAT is Patriotic.
@@StudioDaVeed Joe stupid as a hammer button started an oil shortage the first day in office by shutting down the Keystone Pipeline deal that laid off 11,000 people and band new oil leases on Federal Land Joe Biden is the absolute reason why we have high gasoline and energy cost no other reason
This government is full of followers the FED Reserve nobody controls are incontrol for awhile longer before we overtake them, and yes yes we will...... What do they do with real leaders just ask JFK God bless
You think they would appoint somebody from the Federal Reserve that nobody at all controls,nobody....... into the us Treasury? just ask Janet. She did nothing for the people and everything for the elite. Nancy Pulaski fauci, there are one percenters and they work at this government that's bad. 1% elite work gov - we are Flocked. Until we Rebelle and Take Back Control. And by the way the masks that is a type of brain control. The government did that without asking people a decade ago..... Rebellion !!! 💪👈👉💥💨 Or take this 🐒
This administration has never made the slightest effort to lower the price of anything; the sooner most citizens recognize that the gov't is our enemy, the sooner we can get started fixing the problem.
I knew when Biden or his Lady of energy drew the oil out that they would not replenish it when the oil price was down but wait for a major increase to buy. What a stock market player.
Are you a cisgender white person who still chooses to watch big oil company propaganda channels for perspective on energy? Really hope you aren't a working class class traitor
They can drill all the oil wells in the world, but without pipelines and infrastructure they are pretty much useless. Finish the Keystone pipeline to get the oil to the refineries.
Have you ever thought that a grocery store might refuse to sell food to some customers? Joe Biden, very dismissive of the prince, from the kingdom of Saudi Arabia.
It is pure madness. The only think in regards to that would be the US could unleash a tsunami of oil during major war with the US industrial engine being put to full usage. While it is silly to tap into that reserve it is not doom and gloom necessarily.
oh god NO! tRUMP is the one who ruined the U.S. or at least tried to. he is still trying, while working with Putin, because he is so mad that he LOST the election. Donald Trump is a complete fool
I am an old oil field driller We had gushers of oil the companies made us plug them but I thought at the time and is probably true they wanted the least to run out so the little investors would go away and then the big companies would open the wells later and most of them were kept for reserves just in Kansas alone We have oceans of oil under us that have been tapped and plugged We need to open our oil wells and get this stuff flowing.
The Americans want to empty the oil wells in the Middle East first , it’s also cheaper, because the rial is pegged at half rate against the dollar , that is the lifetime deal the Americans did with the silly Arabs . The Americans know that black gold is more important than the yellow gold and want to keep their oil wells sealed for the last , The countries that have oil in the end will be the most powerful
We need to take a page from Volodimir Zelenskyy, and not roll over when these tyrants try to take down our country day after day, in oh so clean, polished style.
More states need to do forensic audits. If they did, they'd soon find out how many fraudulent ballots were added or numbers in the computers were manipulated.
I think and believe Biden has made some deals while Obama was still in office that would keep them both wealthy as long as they're both alive and family and others in there party this is gonna break sooner than later. Trump's on to the corruption that is plagued the Whitehouse for decades.bThank God for Durham and most of all our President Donald J Trump
You have hit on a big part of this Trump filled the reserve for pennies Mr. Biden is now selling it at a big windfall profit ask yourself what happens to that profit on a million barrel a day.
This administration told us last July 4th they saved us .16$ on our dinner so yeah they will jack up the cost 20-30% and then "save" you .16$ after to make you feel good cuz they think we're all goldfish with 10sec memories. I want $2.40 diesel and 2.00$ a gallon milk not 5$ a gallon diesel and 3.80$ milk. This whole 7% cost of inflation is a fuxking lie its actually 20-25% inflation they just stopped using the same metrics from the 80's cuz they think we're stupid. They are comparing apples to oranges and I want the orange man back!!
Permits that are too expensive to use because of lack of infrastructure. Translation - you will pay more because OBiden shut down the pipeline by executive order. They could bring the Keystone pipeline to a vote and we could see those who are for/against. They could also argue that each state has the right to ignore the executive order.
@@jermmcnasty420 same here. I stand at fault for voting for this "person" and forgot that he was under the Obama adminstration. I for one regret my decision and seeing the havoc caused by this administration. I would like to see term limits placed on the Congress as with the office of the President. Congress and the office of the President and other high offices need to take a very deep pay cut in their salaries. I way I see it Congress for the "most" part come from the private sector and made money through their endeavors. We taxpayers are paying out our taxes for those in Congress to do nothing. Those who made a career in politics have corrupted the political machine and made it hard for the newly elected to make the changes needed. Sorry for thr long reply and all over the place with it. Bottom line the government needs to make right with the native tribes. Close the borders, look long and hard at the division between and bring us back united. This is my two cents worth.
When and if Republicans take the house and Senate possibly see more oil but if Dems hold or win bigger this country is done except for the violence of killing off conservative folks.
@@daleanderson7008 he needs to stop taxing the ones that are in operation then...and the permits that are sitting on his desk need signed...and stop threatening our oil and energy producers... I was trying to keep my response short but I guess it needed more. I think the point is made. Biden and his minions need to stop destroying this country.
Shut down Keystone XL. Then blame the holders of drilling permits who could not get oil to market because you are standing in their way Let's. go Brandon.
and money.. US dollar worth is based off how much oil we have in reserve.. We dont use gold to back our dollar, So this will make the US dollar worth even less..
1st thing to understand. Biden does not care in the least what happens to the country. Joe Biden cares about Joes Biden. Period. If it does not advance HIS political agenda, he has no use for it, that includes all of us.
@@iamsecond3625 Carp Island just off the northern coast of Alaska is a military protected unused reserve believed to contain more oil than Saudi Arabia. Being protected by the military I'm sure they will deny it, believe it or not I don't really care.
Washington DC is Broke. Selling Strategic Oil to China, (50 Million Barrels), and to France, (30 to 36 Million Barrels), from America's Emergency Reserves to Other Countries that has Already left the Country, is Not helping Americans, but did put money in somebody's pocket. Want a story? Follow the money.
Gee, does the truth have a chance today..?? That is the real truth..!!! What would truthfulness and quality leadership have to do with making the. US 🇺🇸 and world better..????
The real issue isn't revealed until the last 15 seconds. There's leases permitted to drill but, there's not permits to produce. Without those, all there'd be is 9000 holes in tbe ground.
It's not just the permits to produce, there are a bunch of related permits needed for production. Then there's the problem of moving the oil and the ability to refine the oil into something useful! The biggest impediment in the system is lack of pipelines and refinery capacity. The last major refinery that opened in the US was in 1977, there have been a dozen or small ones opened since then but they are all very small compared to what is really needed.
The oil industry is a mature industry and knows what it needs to do to supply and make money. If something is roadblocking this it is not of their own making.
Why are they roadblocking it? "Because they hate America" is what a child would say... Have you actually looked into the nuances or just what Fox says?
@@flamingoboot8874 i heard this shareholder excuse.... can the US govt buy or compensate these shareholders? Is it unthinkable that oil reserves underground are just not as abundant as they are made out to be?
Worse than "messed up",....much, much worse. It's a deliberate ploy and plot by all of the commie America hating Dims. It's an act of war against our own citizens.
Believe it. They followed the recipe, right out of the "How to become a communist country" book. Fool proof, used by many other nations in the past. "LET'S GO BRANDON"
If we were energy independent, why were we buying Russian during the Trump administration? Also, Trump DID NOT fill the oil reserves! The last time they were filled was under Obama!
The oil companies said they weren’t going back to pre pandemic production because their shareholders are enjoying a windfall and ramping up production would eat into their profits… chevron, shell, and one other I can’t remember… they publicly stated this 🤷♂️
Apparently the oil from the strategic reserves doesn't cause climate change, but for some inexplicable reason the Keystone XL pipeline does. Go Branden.
And the filthy oil from Venezuela won't plug dpf'$ and cause all kinds of unknown issues to say nothing for paying known terrorists for crap when we have good crude on our land
@@ddmau7995 really ? Why does the GOP support Russian foreign policy ? Ted Cruz throws around some dog whistles in the Senate and checks his Twitter immediately. That’s caring for America ?
Which won’t be operational for a few years so how does that help? And btw that pipeline was to bring Canadian oil to the golf so we could sell it abroad 🤷♂️
@@flashfyre it still doesn’t lower the cost of fuel… the oil companies are on record saying right now their shareholders are enjoying a windfall and they aren’t willing to jeopardize that by ramping up production or cutting cost… public statements… fact check it
None of that gets the large amount of oil in the shale reserves to immediate refinement if needed for the military, which is what the SPR was created for.
Unless it's out in the Gulf of Mexico or Alaska or Maine or where ever it's found I know when I worked in the Gulf of Mexico BP petroleum and she'll oil found huge deposits that were a mile deep to the ocean floor retrieving it now that's another matter
Just a quick note . I am now 75 but back in the 70's when the gasoline prices began to take big jumps upward ,a friend of mine told me " LOOK at the pump""., Half the price you are paying is in TAXES, both state and federal. If the government REALLY wanted to lower the price we pay at the pump, REDUCE THE TAXES.
@@walterbrown4278 Copied from the North Carolina DMV web site. I live in NC is the reason I picked it. **** Effective January 1, 2017, the motor fuels tax rate is set at a flat rate of 34 cents per gallon multiplied by a percentage. The percentage is plus or minus the sum of the annual percentage change in state population for the applicable calendar year, multiplied by 75 percent and the annual energy index percentage change in the Consumer Price Index for All Urban Consumers, multiplied by 25 percent. What does that even mean? Seems they do not want us to know just how much the tax is
Yea David very confusing for sure. Don’t know but they claim most taxes is around .40 depending on state. But like everything else I’m sure they are getting lots more than that. Just rename it something else besides taxes.
There is a conflict in Ukraine that is a proxy war for the West vs Russia and by further proxy China. Russia has pushed itself in to a super tight spot and is banking on the holding the world hostage to its oil and energy. The sanctions are working and the west will profit off emptying the reserves at record prices. Phase 2 will be destroying Russian distribution infrastructure and then restoring the energy power balance. I would not want to be reliant on buying Russian Oil at the moment as it could get very expensive for you buying oil from the West once that tap is off. Bigger picture.
Hey blooper( so appropriate that you took that name) if we went full steam ahead with the green new deal we could cut our dependence on oil and cut the amount of money Putin would get from selling his oil. or do you like giving your to the butcher of Ukraine? By the way the ice sheets in antarctica are falling apart
As a former oil field employee that was laid off due to poor management, I believe that in 2018 the US exported its first oil to Europe, I could be wrong, but none the less the current administration and liberal democrats have shutdown US oil production period.
as a non oil person i looked the dept of energy report on oil. its dates back to 1929. yes we exported oil. funny we still imported more then we exported. and according to the depts' report we have imported oil every year since 1929. so where is the independence they say we have?
@@JoeMama-bk7rd if so why does dept of energy report an average of 240,000,000,000 barrels of oil per month of imports? seems like a lie doesnt it? trump or the dept of energy, you pick which one.
When you write patriots, do you mean cisgender white people that still choose to get their information from big oil funded propaganda channels like this and cnn, instead of independent media channels, like brainwashed sheep?
@Brisco Darling you are very spot in with your points. That was the whole purpose of tik tok. Dumbing down the American population where they are more focused on the next trend, or dance video rather than studying things of purpose. China developed tik tok for their population of having a means of showing off their skilled/trade industries. Watch any young kid these days… always having their phones in their hands scrolling from one idiotic video to the next. All the while the people making the videos feel like they are valid in life bc they have some… followers and subscribers. No sense of reality
@@ricinro You are part of the problem. Living in a delusional fairytale. Do you realize how much infrastructure, money, and lack of corruption it would take to go green? Cannot and will not happen. Look at your presidents build back better plan… has anything been built back better so far? Negative
@@ricinro Actually we do not. Solar is still a joke at this point. We need much better solar cells. Nuclear power is not going to meet the needs because there are not enough power plants and I understand as of now there are no plans to build news one even as the ones we have are nearing the end of their service life. Battery tech is not where it needs to be to make the whole electric car thing to work and charging stations are few and far between. And even if there was a charging station on every street corner where is the electricity going to come from for those stations. You are half right. We do have the tech to be closer that we are but not the tech to get there just yet. Like building more charging stations even if there is nothing to power then just yet. The infrastructure would be in place for when we get that power. But few if any are willing to build such infrastructure that may sit idle for years. There are solar cells that are not allowed in the US because they are more efficient that what we have now. The power companies seen to that. We do not have the technology or infrastructure yet mainly because it is not being pushed. In fact it is being held back.
Insincere, the oil companies have millions of acres under contract they have not touched. So, the permits they already have do not count. What the hell does this mean? My brain cannot compute. Like apples and oranges.
Fun fact - some oil production companies are spending the windfall of oil prices launching up to pay investors but not to re-start shut down rigs. Now THAT is Patriotic.
The argument that I am not hearing here is that this is an improper use of the Strategic Oil Reserve. It was intended to be used for a national emergency in the event that oil supplies from across the world were cut off. It was not meant to be used to offset global oil prices and put on the global market.
There is in fact no need to maintain a reserve that large. Like the video itself says, like Biden's opponents have been insisting, the US itself is sitting on a ton of oil. THAT would be the strategic reserve. On the one hand, these same people are saying the US has enough oil to be energy independent. Let's use it now. On the other hand they are also saying, using the reserves is dangerous. These things are contradictory. In an emergency, how long to quickly approve permits and start pumping out those oil. A month or two? Some could be operational in weeks. What you actually need are refineries capable of processing the oil the US has. The current set up of sending these to be processed elsewhere whilst simultaneously importing the type of oil from other countries more suited to the refineries the US does have ... is crazy. Modify these refineries or build new ones.
Obama's congress passed a law that we had to sell oil from the strategic reserve every year, they set a minimum but no maximum. They also blocked trump from topping it off by refusing to allocate funds for that. He bought as much as he could with funds that were previously allocated.
Our strategic oil reserve was set aside for a specific reason. With everything going on right now with Russia & China only a complete idiot (or someone acting on behalf of a hostile foreign government) would knowingly deplete what was set aside for emergency use and/or our national defense in the event of war. Why do this when they know they have other options available to them...!?!
funny what about russia and china? have they attacked us? and funny as well oil production dropped 40Million barrels a month the year before biden got in. so isnt it back to that much now? the oi company wants it a $4 a gallon the make 500% more. prices would drop if the just processed more of what they are sitting on. from the wells they turned off 2 years ago.
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. The oil companies are making record breaking profits this is greed to the extreme
My theory is something personal happened between Neil and Trump... Maybe Trump refused to ever come on his show or whatever... It's clearly not policy-based.
Curious. Really just curious. How was it the last administration became a net exporter of energy, yet now we beg for oil from nefarious regimes? Asking for a friend.
Well, when they took the stance amd made policies against fossil fuels, shutting down massive amounts of production at home, the only option becomes begging from the nefarious.
During the pandemic the price of crude fell drastically due to the lack of demand caused by the lockdowns. This made much of the oil production the United States unprofitable, so they cut production. When everything opened up after the worst of the pandemic there was a surge in demand without the supply to fill it, causing prices to spike. Oil companies are having a great time with these ridiculous prices and have no real incentive to increase produ…. Oh never mind. Keep watching Fox. ALL of your problems are because of the Democrats, it’s much simpler that way. No thinking needed.
Then it’s time to do something about it. Get involved, stand up. Let your voice be heard, cuz they’re not gonna stop. You know history as well as I. The silent ones are always the statistic in the history books
@@thelastjohnwayne8726 let's see.... let's get on our plastic phones and computers to organize, buy some plastic banners, put on our plastic shoes and fashionable glasses and proceed in our SUVs stocked with plastic water bottles to the noble "Ban All Plastics" protest then vote for Al Gore who also leaves his mansion to flit around the world in jet planes and limos to decry jet planes and limos others use Bless him when he kicks back in pricey hotels after a hard day's work saving the planet
A woman asked Ben Franklin while he exited the capitol what are we a monarchy or republic? He replied " a republic" if you can keep it ". Don't give up on the USA. We are the light of the world for FREE people. I'm 73 and I didn't always think this way. I am beginning to learn the brilliance of our founding fathers
@@stevenmanuel5832 i would agree with you except that the Bible specifically says we have one world leader (NWO) before Christ's return. We losecthis battle.. God wins the war..
@Callum Matias Naw, I'm pretty sure selling our oil reserve is supporting his own financial interest at tax payer expense - the one thing he seems to be real good at.
all these sanctions have only one purpose, to keep the prices up and supply down. Cut Iran and Venezuela and Russia out of the market. No one will stop Russian or Iranian ships anyway,
DJT was reelected. The demonrats had a hard time trying to pad the numbers, but it's all now starting to be exposed. Watch and see what Michigan, Wisconsin and Pennsylvania will uncover.
I was told by an oil company insider thirty years ago that the capped well in Prudhoe Bay Alaska has enough oil to last the US 200 years at current consumption. And that is just this well. There is no shortage of oil! They say this to keep the prices high.
Well here is something to think about. Fossil fuel is just a theory. There are actually several theories of where oil comes from. They are not 100% sure where it comes from. Something oil may come from more than one or two sources. There are more than a few cases where an oil well was pumped dry only to magicly start producing oil again after a few years. A few years, not millions of years.
I’ve been working in the oil field for 35 years ! It’s the red tape and restrictions, the taxes …. Regulation … I’m surprised we made it this far … we need politicians with Americans and Canadians well being in kind … not china’s
Oil companies are complicit. They know climate change is BS but they won't take the liars to court. This is why conspiracy is the only logical conclusion you can come to when trying to figure out the truth
This release of the strategic oil reserves is a very very very bad move....it takes time to get oil production going and the regulations need to be reversed then use the reserves to bridge the gap in product.....
I don't hear people talking about how much money the gov't makes of the sale of fuel. At one time, I remember the gov't made more that the oil companies. . . . probably still true.
A friend asked about about investment options, I told him to track some stocks, he replied saying ''not in stocks, stock market is 100% manipulative" I was shocked to hear that. how can we change that narrative amongst general people? any suggestion?
whenever I say I am into stocks people ask me to teach that. they think they can become masters in few minutes, its a job which needs your active participation. it took me months before I made some really profits which was accompanied by the help of a financial advisor.
@@isabellahewitt8393 I barely made anything from the market always FUD at every little dip until I gave using a financial advisor try, who has managed my portfolio from $70k to over $150k in 8 months.
@@advitrudransh7659 This is really impressive, who is this advisor? the one helping me has a pending case with FINRA which led to the suspension of her license.
@@ibrahimmyles9186 Nothing worth winning is easy. You must have conviction in your beliefs even when times seems like a struggle. I'm all in and won't leave until the system fixes itself. We all know what they are doing.
@@roberthawkins8167 My consultant is Valerie Aileen Boisvert I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven’t regretted doing so
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. Oil companies are making record breaking profits why drill if they can keep getting richer if they keep the oil supply low
I fully agree, I have seen news reports when the oil price was low, that some of these developers said that they would wait until the oil price is over 120 dollars before opening their wells.
Need a permit to drill, need a permit to use the water on the land, need a permit to build a road, need a permit to biuild a pipeline to move the oil from the well. Permits, permits, permits, and the only permit the imbecile president mentioned was the one for drilling. Then factor in all the regulations on the refineries, and what should only cost around $1.00 suddenly costs $5.00. All that money inbetween is going in the pockets of people who have no connection to the oil itself, only a connection to the bureaucrats who are getting paid off to keep this going
The problem is that the US oil industry basically follows the same logic as OPEC+: keep production low and oil prices high in the short run. This is much more profitable than increase investment activities amid the threat from solar and wind.
They are supposed to make money. That's what drives them to try to supply more so they can make more money. What's the point of investing millions on buildings with hit & misses if there's no chance for them to come out on top?
Why doesn't anyone mention that they were making huge losses when oil prices were low? You want what they produce, yet ignore what it costs. They are a company, not a charity.
What happened to those reserves? When Trump took office n checked, the reserves were almost gone. Trump filled up. Obama took the reserves out. Biden doing the same.
he has forbidden drilling? the problem has been the big oil shut off well in jan 2020. and havent turned them back on. since then our production has reduced 40MILLION barrels a month. not because of new drilling because they turned off wells to get prices up.
Selling oil reserves, paying farmers for not planting, and Title 42 lifting, sounds like the Prez, is sitting U.S. up to fall.
You are totally right!!
They pay farmers not to plant so the soil can heal and not put us in a dust bowl.. The Keystone pipeline is not something you should ever side with the oil companies on.. They would watch the country burn if they made money off of it.. like they are doing price gouging and using fox news to lobby their narratives.
Sounds like? He started on day one w. those unlawful executive orders. He us intentionally weakening the US for his Chinese owners.
Sad but true
Ethanol and Biodeisel plants will save the world from starvation! Or exacerbate it, one of the two.
9 months ago Trump warned that there would be a massive inflation and that the US needed to keep being energy independent.
True, I was not a big fan of trump but the situation right now it just unbelievable. I hope trump can take the office back. So all of us return to normal life
@Justin TimberFlake
If you break up the union , then conservative media won’t care to be tribal since it’s not a opposing party to feed their TRIBALISM to viewers and would go back to reporting facts\
@@fitforlife5142 Me too I was a Ben Carson supporter but then when he dropped out I chose Trump because I saw his leadership potential.
@The Memo Just curious, were we ever energy independent? Was there ever a period where we didn't import oil? And if there wasn't, was there a period when we did export oil? There's so much contradicting information these days but one thing we can all agree on is that the price of petrol has gone up exponentially. The only ones not affected by it are the wealthy...and wealthy politicians, which is pretty much all of them.
It's a strategic reserve, not a provide a political advantage for the president and his party reserve.
I have seen an extreme jump in tools,electical stuff,wood, household and solar stuff. This isn't going to help us.
Quit whining!
lmao have you not figured out he is not the prez and hes tearing this country down from with in.......he is a tyrant of all tyrants
Worse thing is as tax payers we paid for the supply and now we will pay again at the pump... grrrr
I would argue it’s not even strategic anymore. Hasn’t been since we got most of our oil from shale. Every time we released our SPR reserves (Desert Storm, Libya, Katrina) in the past it wasn’t actually needed. We should abolish the SPR
As an Aussie I totally agree. Driving your strategic reserve down right now is an insane risk to take. How did Biden not get the agencies to do simple math and not only see these problems coming when he first made these policies against fossil fuels. It’s kind boggling incompetency. To now be going to Saudi Arabia next month and asking Venezuela for more oil when he could be employing Americans and tapping it at home! It’s madness and complete incompetency.
it's absolutely not incompetence. they know exactly what they are doing.
Because trump didn’t have a peaceful transfer of power
@@chrisduncan1647 Yup, it's a backhanded attempt to force the growth and use of "green energy". However, in autos and trucks changing energy from coal or petrol to batteries is always a net loss in energy. There's always a loss of some of the fuel you change from one form to another.
he is insane! and incompetent!
Living down under, maybe you don't know about Ukraine. Now you can add that to all the other things you don't know anything about, if you still have room on that list.
The strategic Reserve is for real national emergencies, not for leadership incompetence.
Unfortunately they are too stupid to realize this.
There is no greater emergency than leadership incompetence.
Thank you, some people are idiots
Well-phrased! You deserve many upvotes.
Clinton pulled the same thing in 2000, before Labor Day to help Gore.
Just give us our energy independence back, Joe always puts America last
And Jen Psaki, before signing a lucrative contract to lie for CNN, lied over and over about these permits not being used, as if oil companies wouldn’t instantly exploit the opportunity if not blocked. Lies, lies, and more democrat lies!
@UCu_-pRgIqB5dncND1XjedGA it's an auto bot programmed by CNN living in the matrix looking for a ringing payphone same bots as Justin TimberFlake Ask Mississippi Ask Mississippi Jason Barrett Ashley babbitt T-bag memo don't waist you valuable time
@@MarshallllWalker Explain Einstein i am waiting.
@@qualitygoldfish2198 Perhaps he is trying to say that all American oil, which was easy to extract, was extracted long ago. And the extraction of shale oil is simply economically unprofitable.
@Dan A all depends at how you look at it? Yes we had a short time of energy independence.
They may think releasing the reserve will let people see him as the hero. NO, we don’t. We see him as being stupid with poor leadership and managerial skills. He is 100% at fault.
joe STUPID AS A HAMMER biden is to corrupt to be a hero. Everything President Trump said about the biden family was absolutely true. The 60 minute interview where she accused him of russian disinformation should have been fired. The biden family is the most corrupt political family in modern history
Fun fact - some oil production companies are spending the windfall of oil prices launching up to pay investors but not to re-start shut down rigs.
Now THAT is Patriotic.
@@StudioDaVeed Joe stupid as a hammer button started an oil shortage the first day in office by shutting down the Keystone Pipeline deal that laid off 11,000 people and band new oil leases on Federal Land Joe Biden is the absolute reason why we have high gasoline and energy cost no other reason
This government is full of followers the FED Reserve nobody controls are incontrol for awhile longer before we overtake them, and yes yes we will......
What do they do with real leaders just ask JFK God bless
You think they would appoint somebody from the Federal Reserve that nobody at all controls,nobody....... into the us Treasury? just ask Janet.
She did nothing for the people and everything for the elite.
Nancy Pulaski fauci, there are one percenters and they work at this government that's bad.
1% elite work gov - we are Flocked.
Until we Rebelle and Take Back Control.
And by the way the masks that is a type of brain control.
The government did that without asking people a decade ago.....
Rebellion !!! 💪👈👉💥💨
Or take this 🐒
This administration has never made the slightest effort to lower the price of anything; the sooner most citizens recognize that the gov't is our enemy, the sooner we can get started fixing the problem.
Well said 👍
I knew when Biden or his Lady of energy drew the oil out that they would not replenish it when the oil price was down but wait for a major increase to buy. What a stock market player.
That's totally insane that's like putting a Band-Aid on a amputated leg
Are you a cisgender white person who still chooses to watch big oil company propaganda channels for perspective on energy? Really hope you aren't a working class class traitor
It all makes sense if you are a NWO enemy of the State
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. Oil companies greed on full display
"the food shortage is not the problem, it's the leadership that's the problem". - Joe Biden
AMEN, YOU SAID THAT RIGHT!!
What leadership? We are in a boat without a rutter. The strong rutter left the White House 15months ago.
Just replace
- with -> and you got it ;)
what leadership
@@bryanrichter1910 only one thing is worse than no leadership. bad leadership.
They can drill all the oil wells in the world, but without pipelines and infrastructure they are pretty much useless. Finish the Keystone pipeline to get the oil to the refineries.
And jail anybody that Interferes with it.
The gov is hell bent on not doing that.
Absolutely open the pipeline !!!
Pretty sure the keystone pipeline is Canadas crude oil
@@David-fj1sq thank you! This reject doesn’t even know what he’s typing.
As folks stated below the strategic reserve is for a national emergency not to boost the presidents approval rating. This is wrong, and stupid.
The idiocy of using the SOR is like using your emergency food storage simply because your to lazy to go to the grocery store.
Yep good point!
Eggsactly.. lol. Not typo
Have you ever thought that a grocery store might refuse to sell food to some customers? Joe Biden, very dismissive of the prince, from the kingdom of Saudi Arabia.
I'm not sure how stupid the people who are advising Biden really are to be doing this so I'll guess there's some other motive.
How do you feel about Americans sitting on their hands while they watch their country being destroyed from within?
Imagine emptying out the strategic oil reserve when there is a real possibility of WWIII, or at least an escalation of the Ukraine conflict.
It’s treason in your face
It is pure madness. The only think in regards to that would be the US could unleash a tsunami of oil during major war with the US industrial engine being put to full usage. While it is silly to tap into that reserve it is not doom and gloom necessarily.
It's all planned. They will do this...
WWIII requires a second world superpower, of which there aren't any. Russia is like Zimbabwe with nukes and bad attitude.
nov 2022 cant get here fast enough, i agree.
Wow restrictions of energy production in US, cancelled keystone. Now use reserved oill. Gee trump need to come back and save America
So, you have no clue why the restrictions exist? If you need wood do you cut down a rainforest or make do?
Yep...we need a new quarterback!!!
And this is just the first quarter!!!!
No superbowl for US ( United States)
Question is, even if Trump is elected in 2024 can he undo all the damage Biden is doing? And will the media and Democrats let him ?
oh god NO! tRUMP is the one who ruined the U.S. or at least tried to. he is still trying, while working with Putin, because he is so mad that he LOST the election. Donald Trump is a complete fool
@@donaldmaxie9742 no....we will all be "crispy critters" by 2024.... That's the plan..
Sorry.... 👀
I am an old oil field driller We had gushers of oil the companies made us plug them but I thought at the time and is probably true they wanted the least to run out so the little investors would go away and then the big companies would open the wells later and most of them were kept for reserves just in Kansas alone We have oceans of oil under us that have been tapped and plugged We need to open our oil wells and get this stuff flowing.
same in Oklahoma we drill then come in with cement and fill or plug just think how much oil is ripe for the sealing
The Americans want to empty the oil wells in the Middle East first , it’s also cheaper, because the rial is pegged at half rate against the dollar , that is the lifetime deal the Americans did with the silly Arabs . The Americans know that black gold is more important than the yellow gold and want to keep their oil wells sealed for the last , The countries that have oil in the end will be the most powerful
@@alimalani9905 the americans in office want to stop drilling period . Its not ok
Biden's ability to mess things up cannot be underestimated.
Obama said the same thing about Joe Biden!
“We choose truth over facts.” - Joe Biden
This is Obama's 3rd term.
@Steven Smith Two week old account...Just to Troll.
It is strategic, oil, border, mandates are just the tip of the iceberg. He is a puppet.
FJB! He did this! We can do a better job saving our country and the planet by getting rid of the leftist loons beginning wit Biden! FJB!
FJB
lets go BRANDEN
We need to take a page from Volodimir Zelenskyy, and not roll over when these tyrants try to take down our country day after day, in oh so clean, polished style.
More states need to do forensic audits. If they did, they'd soon find out how many fraudulent ballots were added or numbers in the computers were manipulated.
Typical Brandon move Trump fills up the strategic reserves Brandon uses them to cover for his bad policies and actions.
I think and believe Biden has made some deals while Obama was still in office that would keep them both wealthy as long as they're both alive and family and others in there party this is gonna break sooner than later. Trump's on to the corruption that is plagued the Whitehouse for decades.bThank God for Durham and most of all our President Donald J Trump
You have hit on a big part of this Trump filled the reserve for pennies Mr. Biden is now selling it at a big windfall profit ask yourself what happens to that profit on a million barrel a day.
Obama filled them back up after 2008.
You should probably just not say stuff that is going to make people find out the truth
And doesn’t even sat “thank you”. Where is Biden’s manner? His mama should whoop his butt.
You ever wonder why there are supposed to be 5 comments, but there are none. Free speech does not exist on UA-cam.
The oil monopolies are creating this price rippoff.
But MAGAs don't want to comprehend that.
There is a lot of oil in Saudi. But they want to lower the production and jack up the price.
It goes up $2.00 then drops 10-20 cents and we're supposed to be excited? I'm sure there's people out there dumb enough to fall for the ruse.
He's trying the same tactic with the deficit.
@@R3tr0v1ru5 spending that 5 trillion is saving us so much though.
I think you were trying to say FJB
This administration told us last July 4th they saved us .16$ on our dinner so yeah they will jack up the cost 20-30% and then "save" you .16$ after to make you feel good cuz they think we're all goldfish with 10sec memories. I want $2.40 diesel and 2.00$ a gallon milk not 5$ a gallon diesel and 3.80$ milk. This whole 7% cost of inflation is a fuxking lie its actually 20-25% inflation they just stopped using the same metrics from the 80's cuz they think we're stupid. They are comparing apples to oranges and I want the orange man back!!
@@GM6.7 Costs are up way more than 20-30% a qt of transmission fluid used to be $3 now it is over $10. FJB
Oil is a matter of national security! We consume currently 20 million barrels a day!
That's bc, USA is BUILT for CARS and OIL Oligarchs.
Invade Iraq
Biden: go buy a Tesla.
Me: go buy a one way ticket to China, one for your son too.
You are incorrect, they mentioned at the beginning for the video. We consume 100 million barrels a day.
Sloppy Joe sold US Out to CHINA !!!
CHINA has recordeding of Laptop of
Hunter !!! It's called Great BlackMail !!!
Aren't the reserves for emergencies? Like if we need the oil for after an attack or during a war and need to fuel our national defenses?
That’s correct
"...during a war..." Yeah. That's what Biden is starting and by sending tons of support on over.
Not exactly. It's for situation like this.
Absolutely
What do you mean "we" ....that oil is not for you and me. I just wanted to comment that. Take care...
It's not the oil supply. It's refining limitations. Oil is one thing, refining it is another.
No. Incorrect.
Permits that are too expensive to use because of lack of infrastructure. Translation - you will pay more because OBiden shut down the pipeline by executive order. They could bring the Keystone pipeline to a vote and we could see those who are for/against. They could also argue that each state has the right to ignore the executive order.
I wonder if 81 million people will take joe's side again ?
@@akkafietje137 Im convinced 81 million people didnt take his side to begin with.
@@PowAngel good point and that has always been the government for you.
@@jermmcnasty420 same here. I stand at fault for voting for this "person" and forgot that he was under the Obama adminstration. I for one regret my decision and seeing the havoc caused by this administration. I would like to see term limits placed on the Congress as with the office of the President. Congress and the office of the President and other high offices need to take a very deep pay cut in their salaries. I way I see it Congress for the "most" part come from the private sector and made money through their endeavors. We taxpayers are paying out our taxes for those in Congress to do nothing. Those who made a career in politics have corrupted the political machine and made it hard for the newly elected to make the changes needed. Sorry for thr long reply and all over the place with it. Bottom line the government needs to make right with the native tribes. Close the borders, look long and hard at the division between and bring us back united. This is my two cents worth.
The Keystone pipeline has been operating since 2010 professor.
The Administration says more oil will come online at the end of the year. After midterm elections. Don't look for it
When and if Republicans take the house and Senate possibly see more oil but if Dems hold or win bigger this country is done except for the violence of killing off conservative folks.
Time to tell this administration we are tired of their lies and bull crap...open our pipeline's back up NOW!
Call the White House everyone and demand we get our oil back!
America needs to take our country back ! Joe Biden and his clowns don't own this country ! The people do !!
No active pipe line has been shut down. The Keystone pipeline was not finished no oil was flowing in it.
@@daleanderson7008 he needs to stop taxing the ones that are in operation then...and the permits that are sitting on his desk need signed...and stop threatening our oil and energy producers... I was trying to keep my response short but I guess it needed more. I think the point is made. Biden and his minions need to stop destroying this country.
This is what the "majority" voted for sadly
South America has more oil than some other countries combined.
Every country is lying about their crude oil deposits. An artificial scarcity is created to keep the prices high.
👆
Finally someone that gets it
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. You are correct sir
Can’t trust USA cos they are same like another drug cartel
YES
Shut down Keystone XL. Then blame the holders of drilling permits who could not get oil to market because you are standing in their way Let's. go Brandon.
You really should study up on that before perpetuating this nonsense.
Depleting the reserves is the first step in removing oil from the equation.
and money.. US dollar worth is based off how much oil we have in reserve.. We dont use gold to back our dollar, So this will make the US dollar worth even less..
ah yes the fall of the petro dollar.
Of maintaining the security of our nation in times of war or getting ready to defend our nation from inside or outside attack on our nation !...
The Oil Cartels?
That’s a fact !
1st thing to understand. Biden does not care in the least what happens to the country. Joe Biden cares about Joes Biden. Period. If it does not advance HIS political agenda, he has no use for it, that includes all of us.
I remember when we were a net exporter and our reserves were full.
We were a net exporter in 2021.
The reserve is for military use, not to cover your policy mistakes! Joe says, " I did That"
Biden is damaging the US worse than Putin is to Russia.
One of the top exports in the US right now is oil. You must have a short memory 🤣🤡
Who doesn't remember that it was only a year and a half ago, ever since Biden took office everything started going down hill.
Back in the 80's they capped off an oil lake...they said it could supply America for over 100 yrs and there were 3 others
Interesting. Where can I find this information?
@@iamsecond3625 Carp Island just off the northern coast of Alaska is a military protected unused reserve believed to contain more oil than Saudi Arabia. Being protected by the military I'm sure they will deny it, believe it or not I don't really care.
Using the Strategic Oil is strategy - election strategy. It's a hope that somehow they can shut down the drop in popularity
Not gonna work.
@@americansparkyii4688 well, IDK in the last couple years people have shown how stupid they really are
Washington DC is Broke.
Selling Strategic Oil to China, (50 Million Barrels), and to France, (30 to 36 Million Barrels), from America's Emergency Reserves to Other Countries that has Already left the Country, is Not helping Americans, but did put money in somebody's pocket. Want a story? Follow the money.
@@americansparkyii4688 new strategy. 😉 Taiwan 😍
@@0DexTerMAN Not gonna work.
Gee, does the truth have a chance today..?? That is the real truth..!!! What would truthfulness and quality leadership have to do with making the. US 🇺🇸 and world better..????
The Godless left's master needs us to suffer.
Uncle Joey probably worried there won't be enough oil for popping 🌽corn..!!!!
Start with reversing all decisions of Sleepyjoe, then the problem is solved for 95 %
The real issue isn't revealed until the last 15 seconds. There's leases permitted to drill but, there's not permits to produce. Without those, all there'd be is 9000 holes in tbe ground.
one forgets not all leases will be drilled.. almost always.. companies lease extra acreage just in case theres additional running room.
It's not just the permits to produce, there are a bunch of related permits needed for production. Then there's the problem of moving the oil and the ability to refine the oil into something useful! The biggest impediment in the system is lack of pipelines and refinery capacity. The last major refinery that opened in the US was in 1977, there have been a dozen or small ones opened since then but they are all very small compared to what is really needed.
*There are leases *there are not permits *there'd be are 9000 C see me after class.
If you can't transport it, why pump it?
@@audreye7078 There's always Buffet's rairoad. But, where you going to transport it to if the refineries are already full?
The oil industry is a mature industry and knows what it needs to do to supply and make money. If something is roadblocking this it is not of their own making.
Their shareholders are blocking it… they have openly said they will not up production that will cut into their shareholders profits… public statements
Why are they roadblocking it? "Because they hate America" is what a child would say... Have you actually looked into the nuances or just what Fox says?
@@flamingoboot8874 Try permitting a well with the government blocking you. You don't have a clue. Just blame it on "the Bosses."
@@flamingoboot8874 i heard this shareholder excuse.... can the US govt buy or compensate these shareholders?
Is it unthinkable that oil reserves underground are just not as abundant as they are made out to be?
@@flamingoboot8874 sorce please
With no drilling there will be no reserve. Let’s go Brandon!
We are going to regret this
I cant believe how messed up things have gotten in just a bit over 1 year's time!
It's no coincidence, it is deliberate. These are not people who love America.
Worse than "messed up",....much, much worse. It's a deliberate ploy and plot by all of the commie America hating Dims. It's an act of war against our own citizens.
It says you have two replies, but nothing is here... real slick UA-cam, real slick.
Now it says 3 comment's. But only your's and now maybe mine. Will see.
Believe it. They followed the recipe, right out of the "How to become a communist country" book.
Fool proof, used by many other nations in the past.
"LET'S GO BRANDON"
Trump filled the oil reserves, we were also energy independent , what happened?
The nasty liberals took over, to much pressure from the green movement.
What happened is that came to power a crook and that explains where we are today
We got Biden`ed .
If we were energy independent, why were we buying Russian during the Trump administration? Also, Trump DID NOT fill the oil reserves! The last time they were filled was under Obama!
The oil companies said they weren’t going back to pre pandemic production because their shareholders are enjoying a windfall and ramping up production would eat into their profits… chevron, shell, and one other I can’t remember… they publicly stated this 🤷♂️
Apparently the oil from the strategic reserves doesn't cause climate change, but for some inexplicable reason the Keystone XL pipeline does. Go Branden.
And the filthy oil from Venezuela won't plug dpf'$ and cause all kinds of unknown issues to say nothing for paying known terrorists for crap when we have good crude on our land
When we use the strategic reserves we pay for the same energy twice. Why isn't anyone talking about this?
Because the liberals know so much ch that isn't so
I agree. How stupid are people. Tax payers filled it up and now were going pay to yse it. Looney toons
What do you mean, we?
The tax payer gets paid back
You can pay for the energy twice , or you can pay for gender studies in Kenya. Makes no difference really , they waste our tax dollars no matter what.
Hey Americans, why not buy a $60K electric car so you can save $80 a month?
Democrat logic hahaha 😝
@S D hahaha
Oh, but you will save the planet, c'mon do your part. (Sarcasm)
Really LOL AT THOSE THAT SEEK PROFITEERING IN THE GOVERNMENT IGNORANCE !...
Meanwhile, the EPA is planning to tear out the Snake River dams, since the electricity they generate is "surplus."
that comment just makes you sound like a nut.
i hope everybody learned their lesson vote republican never vote for dirty incompetent politicians
Or CORRUPT COMPROMISED CRIMINALS. 😳🤡😈💰🙈
Do you really think only one side is corrupt ?
Atleast the Republicans are for our country, unlike the communists that call themselves demo rats .
@@ddmau7995 really ?
Why does the GOP support Russian foreign policy ?
Ted Cruz throws around some dog whistles in the Senate and checks his Twitter immediately. That’s caring for America ?
All we need is a real president with a tenth of an ounce of brains !!!!
The traitor needs to open the keystone pipeline !
Which won’t be operational for a few years so how does that help? And btw that pipeline was to bring Canadian oil to the golf so we could sell it abroad 🤷♂️
@@flashfyre it still doesn’t lower the cost of fuel… the oil companies are on record saying right now their shareholders are enjoying a windfall and they aren’t willing to jeopardize that by ramping up production or cutting cost… public statements… fact check it
FDT
Don’t we have a massive reserve of shale right underneath us? We don’t even need to use the reserves if we frakked that.
None of that will benefit you… I mean unless you are a lobbyist for some oil company… are you? Sure sounds like it…
None of that gets the large amount of oil in the shale reserves to immediate refinement if needed for the military, which is what the SPR was created for.
Greta was right, blablablablabla, just climate propaganda, how abt reducing the baby boom? Since 40 million Americans cant afford to feed them anyway
He forgets the part where you have to an environmental assessment, get permission to build a road, etc.
Unless it's out in the Gulf of Mexico or Alaska or Maine or where ever it's found I know when I worked in the Gulf of Mexico BP petroleum and she'll oil found huge deposits that were a mile deep to the ocean floor retrieving it now that's another matter
Also fails to mention the 36,000 permits that were canceled.
Just a quick note . I am now 75 but back in the 70's when the gasoline prices began to take big jumps upward ,a friend of mine told me " LOOK at the pump""., Half the price you are paying is in TAXES, both state and federal. If the government REALLY wanted to lower the price we pay at the pump, REDUCE THE TAXES.
It's simply supply and demand. Reduce supply and the price goes up. Who reduced the supply?
No that’s not right. Taxes are not even 10 percent
@@walterbrown4278 Copied from the North Carolina DMV web site.
I live in NC is the reason I picked it.
**** Effective January 1, 2017, the motor fuels tax rate is set at a flat rate of 34 cents per gallon multiplied by a percentage. The percentage is plus or minus the sum of the annual percentage change in state population for the applicable calendar year, multiplied by 75 percent and the annual energy index percentage change in the Consumer Price Index for All Urban Consumers, multiplied by 25 percent.
What does that even mean? Seems they do not want us to know just how much the tax is
Yea David very confusing for sure. Don’t know but they claim most taxes is around .40 depending on state. But like everything else I’m sure they are getting lots more than that. Just rename it something else besides taxes.
It's all part of the plan. Empty the strategic reserve so they can say "Oh man, we're out of oil so we better go full steam with the green new deal".
There is a conflict in Ukraine that is a proxy war for the West vs Russia and by further proxy China. Russia has pushed itself in to a super tight spot and is banking on the holding the world hostage to its oil and energy. The sanctions are working and the west will profit off emptying the reserves at record prices. Phase 2 will be destroying Russian distribution infrastructure and then restoring the energy power balance. I would not want to be reliant on buying Russian Oil at the moment as it could get very expensive for you buying oil from the West once that tap is off. Bigger picture.
Or so we can't go anywhere.
Hey blooper( so appropriate that you took that name) if we went full steam ahead with the green new deal we could cut our dependence on oil and cut the amount of money Putin would get from selling his oil. or do you like giving your to the butcher of Ukraine? By the way the ice sheets in antarctica are falling apart
Blooper 01,sounds like the way those idiots think!
Or WW3!
He, Biden, is such a “clueless “ liar
Base on what. Wanna know who is a liar and ended up killing one 500k Americans because of his lies???
REMOVE FEDERAL FUEL TAXES. What, it will increase fed deficit? They spend money we don’t have constantly. Trillions/ year.
That would cut the wasters noses off. They might even get out of politics .
Also , we Canadians have lots if you want our pipeline.
Which makes inflation, I learnt that in HS.
i never seen a tax break ever helping my pocket. seems like everyone else pocketed it before i saw anything. ask reagan.
taxes are being used mostly to fund wars,
@Steven Smith we can’t transition overnight. We don’t have anywhere CLOSE to infrastructure to power all EV’s.
Not much point releasing the oil reserves if Potato is going to give it to the Chinese...
The government doesnt sell oil ...........
@@caryfrancis8030 Try and keep up.😁
@@bossdog1480 The USA cannot produce enough oil to supply demand.
Vulnerable.
As a former oil field employee that was laid off due to poor management, I believe that in 2018 the US exported its first oil to Europe, I could be wrong, but none the less the current administration and liberal democrats have shutdown US oil production period.
The oil companies refuse to pump more oil because they like the profits their making .that's a fact
as a non oil person i looked the dept of energy report on oil. its dates back to 1929. yes we exported oil. funny we still imported more then we exported. and according to the depts' report we have imported oil every year since 1929. so where is the independence they say we have?
Same here Mike this has a ripple eff ct the like if which the Dems don't know or care
@@jamesmore2919 Trump had us energy independent until day one of the Bidumb administration
@@JoeMama-bk7rd if so why does dept of energy report an average of 240,000,000,000 barrels of oil per month of imports? seems like a lie doesnt it? trump or the dept of energy, you pick which one.
the ‘leave me alone’ crowd is ready. Patriots welcome 🙏
When you write patriots, do you mean cisgender white people that still choose to get their information from big oil funded propaganda channels like this and cnn, instead of independent media channels, like brainwashed sheep?
We don't have the technology or infastructure to "go green" at the moment.
Ever
@Brisco Darling you are very spot in with your points. That was the whole purpose of tik tok. Dumbing down the American population where they are more focused on the next trend, or dance video rather than studying things of purpose. China developed tik tok for their population of having a means of showing off their skilled/trade industries. Watch any young kid these days… always having their phones in their hands scrolling from one idiotic video to the next. All the while the people making the videos feel like they are valid in life bc they have some… followers and subscribers. No sense of reality
BS. We have the technology it is just a matter of doing it.
@@ricinro You are part of the problem. Living in a delusional fairytale. Do you realize how much infrastructure, money, and lack of corruption it would take to go green? Cannot and will not happen. Look at your presidents build back better plan… has anything been built back better so far? Negative
@@ricinro Actually we do not. Solar is still a joke at this point. We need much better solar cells. Nuclear power is not going to meet the needs because there are not enough power plants and I understand as of now there are no plans to build news one even as the ones we have are nearing the end of their service life. Battery tech is not where it needs to be to make the whole electric car thing to work and charging stations are few and far between. And even if there was a charging station on every street corner where is the electricity going to come from for those stations. You are half right. We do have the tech to be closer that we are but not the tech to get there just yet. Like building more charging stations even if there is nothing to power then just yet. The infrastructure would be in place for when we get that power. But few if any are willing to build such infrastructure that may sit idle for years. There are solar cells that are not allowed in the US because they are more efficient that what we have now. The power companies seen to that. We do not have the technology or infrastructure yet mainly because it is not being pushed. In fact it is being held back.
Insincere, the oil companies have millions of acres under contract they have not touched. So, the permits they already have do not count. What the hell does this mean? My brain cannot compute. Like apples and oranges.
Electing to cripple our our production should be a straight go to jail, no need for impeachment, offense.
Fun fact - some oil production companies are spending the windfall of oil prices launching up to pay investors but not to re-start shut down rigs.
Now THAT is Patriotic.
@@StudioDaVeed true
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. Wake up man you're sleeping
The argument that I am not hearing here is that this is an improper use of the Strategic Oil Reserve. It was intended to be used for a national emergency in the event that oil supplies from across the world were cut off. It was not meant to be used to offset global oil prices and put on the global market.
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years.
There is in fact no need to maintain a reserve that large. Like the video itself says, like Biden's opponents have been insisting, the US itself is sitting on a ton of oil. THAT would be the strategic reserve. On the one hand, these same people are saying the US has enough oil to be energy independent. Let's use it now. On the other hand they are also saying, using the reserves is dangerous. These things are contradictory. In an emergency, how long to quickly approve permits and start pumping out those oil. A month or two? Some could be operational in weeks. What you actually need are refineries capable of processing the oil the US has. The current set up of sending these to be processed elsewhere whilst simultaneously importing the type of oil from other countries more suited to the refineries the US does have ... is crazy. Modify these refineries or build new ones.
Obama's congress passed a law that we had to sell oil from the strategic reserve every year, they set a minimum but no maximum. They also blocked trump from topping it off by refusing to allocate funds for that. He bought as much as he could with funds that were previously allocated.
@@axelfoley1812 Do you blame them after our "leader" told them he is going to end them?
corruption
Our strategic oil reserve was set aside for a specific reason. With everything going on right now with Russia & China only a complete idiot (or someone acting on behalf of a hostile foreign government) would knowingly deplete what was set aside for emergency use and/or our national defense in the event of war. Why do this when they know they have other options available to them...!?!
Anyone got emergency brains ? BREAK GLASS
funny what about russia and china? have they attacked us? and funny as well oil production dropped 40Million barrels a month the year before biden got in. so isnt it back to that much now? the oi company wants it a $4 a gallon the make 500% more. prices would drop if the just processed more of what they are sitting on. from the wells they turned off 2 years ago.
You summed it up nicely
Because they hate America and need to take us down to fully enact this "new world order" they keep talking about.
Hey! Sleepy Joe is only building back better in a sustainable way!
Drill baby, drill!
The reserves were set aside for emergency, halting production dosen't constitute an emergency just stupidity.
CHINA is getting OUR OIL NOW !!!
China has recordeding of Laptop of Hunter !!! It's called Great BlackMail !!!
Agree
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. The oil companies are making record breaking profits this is greed to the extreme
Cavuto was a Trump hater, so he should be happy with this.
Fox News could do without him and Chris Wallace
@@24juan68 I'm pretty sure they are doing without chrissy wallace, who now peddles propaganda for CNN, where he belongs.
@@24juan68 Wallace is already gone from fox........
Wallace is so left winged that he walks with a goose step.
My theory is something personal happened between Neil and Trump... Maybe Trump refused to ever come on his show or whatever... It's clearly not policy-based.
Whenever they tap the reserves, they are just making money. It never lowers the price... Ever
I drive a 2004 Saturn, 4 cylinder and yesterday spent $50 to fill up . I am pissed what about all the people driving full size pickups and SUV'S?
Curious. Really just curious. How was it the last administration became a net exporter of energy, yet now we beg for oil from nefarious regimes?
Asking for a friend.
Well, when they took the stance amd made policies against fossil fuels, shutting down massive amounts of production at home, the only option becomes begging from the nefarious.
During the pandemic the price of crude fell drastically due to the lack of demand caused by the lockdowns. This made much of the oil production the United States unprofitable, so they cut production. When everything opened up after the worst of the pandemic there was a surge in demand without the supply to fill it, causing prices to spike. Oil companies are having a great time with these ridiculous prices and have no real incentive to increase produ…. Oh never mind. Keep watching Fox. ALL of your problems are because of the Democrats, it’s much simpler that way. No thinking needed.
“Green New Deal”
You see this puppet president wants the U.S. to fail. He is compromised and believes the empty promises his Chinese benefactors feed him.
"Take him at face value." Why? He's a proven liar.
Yep, over 40 years or his entire political career as a liar, and plagiarized.
@@briansack66 and a plagiarizer.
Just love that we as the people of this nation are so expendable. Our finances, our livelihoods… it’s really sick. Hate it all.
Then it’s time to do something about it. Get involved, stand up. Let your voice be heard, cuz they’re not gonna stop. You know history as well as I. The silent ones are always the statistic in the history books
@@thelastjohnwayne8726 let's see.... let's get on our plastic phones and computers to organize, buy some plastic banners, put on our plastic shoes and fashionable glasses and proceed in our SUVs stocked with plastic water bottles to the noble "Ban All Plastics" protest then vote for Al Gore who also leaves his mansion to flit around the world in jet planes and limos to decry jet planes and limos others use
Bless him when he kicks back in pricey hotels after a hard day's work saving the planet
Slaves have no value when they are easily replaced with open borders..
A woman asked Ben Franklin while he exited the capitol what are we a monarchy or republic? He replied " a republic" if you can keep it ". Don't give up on the USA. We are the light of the world for FREE people. I'm 73 and I didn't always think this way. I am beginning to learn the brilliance of our founding fathers
@@stevenmanuel5832 i would agree with you except that the Bible specifically says we have one world leader (NWO) before Christ's return. We losecthis battle.. God wins the war..
Why would an industry spend money to expand when the government has the goal of putting the industry out of business?
my question is how does Biden and his family make from this? It's not like they'd never sell us out, right?
@Callum Matias Naw, I'm pretty sure selling our oil reserve is supporting his own financial interest at tax payer expense - the one thing he seems to be real good at.
all these sanctions have only one purpose, to keep the prices up and supply down. Cut Iran and Venezuela and Russia out of the market. No one will stop Russian or Iranian ships anyway,
And now we find out that a part of that reserve has been shipped to Europe. Surprised?
This has nothing to do with prices. They want oil gone and that is what they are doing.
Thank god the most popular president ever knows what he’s doing. To bad he wasn’t elected for a second term. God bless America and Donald Trump.
He was elected a second time! O bama and Co stole it.
DJT was reelected. The demonrats had a hard time trying to pad the numbers, but it's all now starting to be exposed. Watch and see what Michigan, Wisconsin and Pennsylvania will uncover.
@S D Arizona is mostly completed. Routers were finally handed over.
Greetings from Poland :)
I was told by an oil company insider thirty years ago that the capped well in Prudhoe Bay Alaska has enough oil to last the US 200 years at current consumption. And that is just this well. There is no shortage of oil! They say this to keep the prices high.
They say this to keep America on her knees, crippled, weak. Shortages here, and more on the way, as long as this crowd is in power.
Ain't no way, dude.
@@petehoward8494 Exactly!
Well here is something to think about. Fossil fuel is just a theory. There are actually several theories of where oil comes from. They are not 100% sure where it comes from. Something oil may come from more than one or two sources. There are more than a few cases where an oil well was pumped dry only to magicly start producing oil again after a few years. A few years, not millions of years.
I’ve been working in the oil field for 35 years ! It’s the red tape and restrictions, the taxes …. Regulation … I’m surprised we made it this far … we need politicians with Americans and Canadians well being in kind … not china’s
Oil companies are complicit. They know climate change is BS but they won't take the liars to court. This is why conspiracy is the only logical conclusion you can come to when trying to figure out the truth
This release of the strategic oil reserves is a very very very bad move....it takes time to get oil production going and the regulations need to be reversed then use the reserves to bridge the gap in product.....
Remember when oil was at $20 and Trump asked congress to appropriate money to purchase additional oil for the reserve?
Good job brother on reporting the truth
You still have to replace those reserves.
Biden will not replace them but Trump will - again
I'm sure the Biden plan is to not replace the oil reserves.
Joe is acting like a little kid, screwing up everything around him and blaming it on someone else.
I don't hear people talking about how much money the gov't makes of the sale of fuel. At one time, I remember the gov't made more that the oil companies. . . . probably still true.
oil companies price gauging; never, never, except for ever and ever. AND, they are allowed to get away with it by "our" government
Don't forget the hedge fund managers and share holders. Why would politicians care about price gouging when it benefits them ?
Prices have not decreased at the pump in our community. Curious as to where he is getting the pricing data?
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years.
That's what I said. What happens when the reserve is gone. It's not meant for "reelections".
When the Reserve is used,there is No Reserve.
Us has the largest supply of oil known to mankind right under our feet.
Seems unstrategic to announce you're removing oil from the strategic oil reserves. Our enemies now know this.
High stakes bluff?
Brandon is ruining the country on purpose, so there's that.
We got plenty
@@trashyraccoon2615 They're going to drain half of it.
@@cattraknoff The real amount we have is not published. It’s vast
The country with the must oil, has the most fuel for their army. Remember that
You just hit the bullseye.. All of our oil went to the military already. Whoopsie.
A friend asked about about investment options, I told him to track some stocks, he replied saying ''not in stocks, stock market is 100% manipulative" I was shocked to hear that. how can we change that narrative amongst general people? any suggestion?
whenever I say I am into stocks people ask me to teach that. they think they can become masters in few minutes, its a job which needs your active participation. it took me months before I made some really profits which was accompanied by the help of a financial advisor.
@@isabellahewitt8393 I barely made anything from the market always FUD at every little dip until I gave using a financial advisor try, who has managed my portfolio from $70k to over $150k in 8 months.
@@advitrudransh7659 This is really impressive, who is this advisor? the one helping me has a pending case with FINRA which led to the suspension of her license.
@@ibrahimmyles9186 Nothing worth winning is easy. You must have conviction in your beliefs even when times seems like a struggle. I'm all in and won't leave until the system fixes itself. We all know what they are doing.
@@roberthawkins8167 My consultant is Valerie Aileen Boisvert I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven’t regretted doing so
He is completely right.
Those 9 thousand permits are useless with Joe's regulations.
And so are your guns with no ammo
@@minle8702 that was a stupid irrelevant comment.
Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years. Oil companies are making record breaking profits why drill if they can keep getting richer if they keep the oil supply low
It's incredibly unpatriotic for the MSM to not call Joke Biden out for his failures.
This guy could of done a better job of explaining his point, like leading us through the permitting steps to having a well producing.
I fully agree, I have seen news reports when the oil price was low, that some of these developers said that they would wait until the oil price is over 120 dollars before opening their wells.
Joe will not drill! Try drilling. The US govt will shut it down even they have to bomb it. Hes going to empty your réserves. Its in the plan.
Those wells are empty that Biden was talking about on federal land..
He got cut off he would but never had the time
Need a permit to drill, need a permit to use the water on the land, need a permit to build a road, need a permit to biuild a pipeline to move the oil from the well. Permits, permits, permits, and the only permit the imbecile president mentioned was the one for drilling. Then factor in all the regulations on the refineries, and what should only cost around $1.00 suddenly costs $5.00. All that money inbetween is going in the pockets of people who have no connection to the oil itself, only a connection to the bureaucrats who are getting paid off to keep this going
The problem is that the US oil industry basically follows the same logic as OPEC+: keep production low and oil prices high in the short run. This is much more profitable than increase investment activities amid the threat from solar and wind.
What threat from solar and wind?
How come no one is talking about how oil companies are making record profits, ops I forgot cooperate owned media will never talk about that
They are supposed to make money. That's what drives them to try to supply more so they can make more money. What's the point of investing millions on buildings with hit & misses if there's no chance for them to come out on top?
the US is full of greed, lies, dictatorship. its called de mock racy
Why doesn't anyone mention that they were making huge losses when oil prices were low? You want what they produce, yet ignore what it costs. They are a company, not a charity.
Does no one remember the oil reserve they capped not even 10 years ago said to contain enough oil to sustain the US for 200 years
China bought half of the Permian basin when Obama was President. So.....
What happened to those reserves? When Trump took office n checked, the reserves were almost gone. Trump filled up. Obama took the reserves out. Biden doing the same.
How will we replace the reserves if Biden is forbidding drilling?
Biden is not forbidding drilling! The oil companies have thousands of permits that they refuse to utilize!
he has forbidden drilling? the problem has been the big oil shut off well in jan 2020. and havent turned them back on. since then our production has reduced 40MILLION barrels a month. not because of new drilling because they turned off wells to get prices up.
America needs to be more self sustaining