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Correct.

Posted on: March 21, 2022 at 11:14:16 CT
Spanky KU
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“Uncertainty stalls investment”

The threat of Biden’s climate policies has chilled some investment in new oil fields and wells.

Biden's federal land policies are deterring capital spending on new wells today, suppressing production below what it would be otherwise.

Biden's continuation of the Obama War on XL also shares blame... the XL pipeline could have encouraged more production of Canadian crude (per the anti-pipeline activists) The 'inconvenient truth' is that production would have meant more oil barrels in North America and added to world supplies.
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     Well, Trump asked for higher gas prices and lower production - SparkyStalcup MU - 3/21 10:54:05
          No he didn't. The NYTimes is as phony as it gets. - BH O'bonga MU - 3/21 11:17:50
          new talking points are out (nm) - Sal CMSU - 3/21 11:06:11
               Facts are talking points I suppose - JayHoaxH8r MU - 3/21 11:09:10
          How long are you going to go to that well? (nm) - tcat KC - 3/21 11:04:20
          Trump's fault - tigerfans3 MSSU - 3/21 10:58:57
          That's a sad weak defense. - RHAYWORTH MU - 3/21 10:58:27
               Trump's gimmedats - JayHoaxH8r MU - 3/21 11:03:02
                    and you supported them and the dems demanded them - 90Tiger STL - 3/21 22:00:37
                    Even sadder than sparkies attempt. - RHAYWORTH MU - 3/21 11:06:27
                         Inflation is a lagging indicator - JayHoaxH8r MU - 3/21 11:10:52
                              Biden is a lagging indicator(nm) - Wildcat KSU - 3/21 13:59:42
     Hope they tell them that trump - JayHoaxH8r MU - 3/21 10:48:02
          Think biden sucking up to Iran has anything to do with it? - RHAYWORTH MU - 3/21 10:59:35
               Be nice to have their oil in the markets - JayHoaxH8r MU - 3/21 11:02:32
                    It would be nice to have Russia's oil in the - Sal CMSU - 3/21 11:09:09
                         And Venezuelas - JayHoaxH8r MU - 3/21 11:09:26
                              It would also be nice to have an admin - Sal CMSU - 3/21 11:12:06
                                   We don't have that - JayHoaxH8r MU - 3/21 11:15:23
                                        Yes, the push for green energy is at direct odds - Sal CMSU - 3/21 11:18:48
                                             You're babbling again - JayHoaxH8r MU - 3/21 11:22:34
                                                  ^^^teaches economics (nm) - Sal CMSU - 3/21 11:24:54
                                                       Yes and that doesn't change the fact - JayHoaxH8r MU - 3/21 11:51:03
          That is not even close to being true - Spanky KU - 3/21 10:54:38
               It is true. They cut production to keep prices high - JayHoaxH8r MU - 3/21 11:01:48
                    Nope. To keep a record glut of supply from growing(nm) - Spanky KU - 3/21 11:06:30
                         Why? Supply is good. Keeps prices low - JayHoaxH8r MU - 3/21 11:08:53
                              Oversupply is not good.. - Spanky KU - 3/21 11:14:55
                                   Why not? My gas prices would be super low - JayHoaxH8r MU - 3/21 11:15:48
                                        Because oversupply ensures undersupply - Spanky KU - 3/21 11:19:10
                                             But my gas prices!! Trump did help keep them - JayHoaxH8r MU - 3/21 11:23:19
                                                  Nope. Try again(nm) - Spanky KU - 3/21 11:31:03
                                                       You're a kU* fan - JayHoaxH8r MU - 3/21 11:51:22
                                                            RE: You're a kU* fan - Spanky KU - 3/21 11:56:17
                                                                 Yes but - JayHoaxH8r MU - 3/21 11:56:57
                                                                      RE: Yes but - Spanky KU - 3/21 11:57:45
                                                                           Well deserved - JayHoaxH8r MU - 3/21 11:59:42
                                                                                RE: Well deserved - Spanky KU - 3/21 12:03:43
                                                                                     kU has never won a title - JayHoaxH8r MU - 3/21 12:11:45
                                                                                          Mizzou has never won a title - Spanky KU - 3/21 12:27:35
               Nor is the narrative that Biden's policies have resulted in - KC rules MU - 3/21 10:58:58
                    Massive spending, canceling pipelines, permits, - RHAYWORTH MU - 3/21 11:01:49
                         Correct. - Spanky KU - 3/21 11:14:16
                              No they're gouging you dupes - JayHoaxH8r MU - 3/21 11:17:08
                                   You are very dumb(nm) - Spanky KU - 3/21 11:19:42
                                        You live in CA - JayHoaxH8r MU - 3/21 11:23:47
                                             I live in paradise - Spanky KU - 3/21 11:35:53
                         We've had this discussion before - KC rules MU - 3/21 11:08:40
                              The pipeline is indeed relevant. Canceling it sent a message - RHAYWORTH MU - 3/21 11:17:51
                                   Think about it. It's exactly the opposite as you state - KC rules MU - 3/21 11:33:37
                         Bless your heart - JayHoaxH8r MU - 3/21 11:02:17
                              No...it's just a wasted - mizzoumurfkc KC - 3/21 11:11:03
                              We sure can't bless your mind. - RHAYWORTH MU - 3/21 11:07:19
          RE: Hope they tell them that trump - Sal CMSU - 3/21 10:51:10
     The leftists are ****ed about it... - JeffB MU - 3/21 10:46:59
          Funk The Leftists - Catturd USMC - 3/21 10:58:40
               Aren't we all? (nm) - JeffB MU - 3/21 12:30:44




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