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Drudge Retort: The Other Side of the News
Sunday, June 12, 2022

Nearly three years after promising to make Saudi Arabia a "pariah," President Joe Biden is set to extend an olive branch to Crown Prince Mohammed bin Salman following months of reproach.

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At least Joe is trying to do something now. Better late than never.

#1 | Posted by lfthndthrds at 2022-06-11 10:02 AM | Reply

I love it.

These miserable sacks of ---- bash Biden for "bowing down" to the saudis as if it hasn't been standard practice for all Presidents in our lifetime.

But then they whine that he "snubbed" them too.

Just STfU you miserable man children.

#2 | Posted by jpw at 2022-06-11 10:39 AM | Reply | Funny: 1 | Newsworthy 5

Joe is probably just trying to get a LIV golf hat before the Trumpers buy them all up.

#3 | Posted by REDIAL at 2022-06-11 10:44 AM | Reply

Biden, July 2019: "We would work [fossil fuels] out. We would make sure it's eliminated."
Biden, September 2019: "I guarantee you we're going to end fossil fuel."
Biden, September 2019: "I've argued against any more oil drilling or gas drilling on federal lands...we should, in fact, be looking at what exists now ... I would not allow any more."
Biden, February 2020: "a transition [from fossil fuels] ... it's going to have to happen."
Biden, October 2020: "I would transition from the oil industry, yes."
Biden, March 2020: "No more subsidies for fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill, period, ends."
Biden, January 2021 while announcing new efforts to limit oil and gas production: "Climate change will be at the center of our national security and foreign policy."
Biden, March 9, 2022: "We are moving in the direction that we don't need" fossil fuels to drive a car.

gop.com

#4 | Posted by lfthndthrds at 2022-06-11 01:41 PM | Reply

As usual you rely on snippets of statements while ignoring the reality.

www.eia.gov

Wow. What a decimated, persecuted industry. Idiot.

#5 | Posted by jpw at 2022-06-11 02:24 PM | Reply | Newsworthy 1

Also as usual all you have is what you've been told to think. Because you can't think for ----.

Idiot.

#6 | Posted by jpw at 2022-06-11 02:25 PM | Reply

Wow. What a decimated, persecuted industry. Idiot.

#5 | POSTED BY JPW AT 2022-06-11 02:24 PM | FLAG:
(CHOOSE)

Also as usual all you have is what you've been told to think. Because you can't think for ----.
Idiot.

#6 | POSTED BY JPW AT 2022-06-11 02:25 PM | FLAG:
(CHOOSE)

Only a complete moron would look at this in a one dimensional setting. There's a lot of moving parts to this problem than crude production. Did you look up any of the statements above and check context? If not, go crawl your sorry, stupid ass back in that hole you came out of.

#7 | Posted by lfthndthrds at 2022-06-11 02:36 PM | Reply

Stand back - Joe's going to show them who's boss.

#8 | Posted by SheepleSchism at 2022-06-11 07:03 PM | Reply

Someone's mad Biden isn't an orb polisher like Trump.

#9 | Posted by Tor at 2022-06-11 07:07 PM | Reply

Biden can do no wrong. Buh Trump!

#10 | Posted by visitor_ at 2022-06-11 08:34 PM | Reply

---- off, loser.

#11 | Posted by LegallyYourDead at 2022-06-11 08:45 PM | Reply

Does it burn that your political philosophy boils down to two word? 'Buh Trump!'

#12 | Posted by visitor_ at 2022-06-11 08:53 PM | Reply

50% gains in efficiency compared to But Her Emails!

#13 | Posted by snoofy at 2022-06-11 08:57 PM | Reply

The Saudis are some of the worst people on the planet.

I'd rather pay more for gas if it meant no more reliance on Middle Eastern Oil.

#14 | Posted by ClownShack at 2022-06-11 08:57 PM | Reply

gop.com
#4 | POSTED BY LFTHNDTURDS

GOP.com???

Hahahahahahahaha!!

No wonder you're always wrong about everything.

You partisan moron.

#15 | Posted by ClownShack at 2022-06-11 08:59 PM | Reply

"I'd rather pay more for gas if it meant no more reliance on Middle Eastern Oil."

The funny thing about American energy independence is we're still reliant on Middle Eastern oil.

#16 | Posted by snoofy at 2022-06-11 09:03 PM | Reply

Republicans love Middle Eastern oil.

Everything they do is aimed at keeping America dependent on Middle Eastern oil.

From their love for vehicles that get 12 miles per tank of gas.

To their disdain for electric and hybrid technology.

To their hate for green energy.

Conservatives, like Lfthndturds, will make sure Americans are forever dependent on the Middle East.

#17 | Posted by ClownShack at 2022-06-11 09:10 PM | Reply

After Joementia says he's going to end the fossil fuel industry, who is going to put the capital out for domestic production? They're at the whim of a dementia addled clueless geezer.

#18 | Posted by willowby at 2022-06-11 09:11 PM | Reply

Joementia says he's going to end the fossil fuel industry,

"Not on our watch!"
-Conservatives.

#19 | Posted by ClownShack at 2022-06-11 09:13 PM | Reply

This reminds me of Carter putting solar panels on the White House.

Republicans freaked out.

Conservatives fear progress and hate change.

Every day.

#20 | Posted by ClownShack at 2022-06-11 09:15 PM | Reply

In 2008, during the Bush/GOP financial collapse of America, gas was $5.61 adjusted for inflation.

fortune.com

Were any of the usual right wing moron suspects here blaming him? Of course not.

#21 | Posted by AMERICANUNITY at 2022-06-11 09:33 PM | Reply | Newsworthy 1

American oil companies don't want to reopen refineries or drill for more oil because they're making record profits off of Putin's invasion of Ukraine, which decreased oil supply and drove up prices. Unlike Bush's needless invasion of Iraq.

#22 | Posted by AMERICANUNITY at 2022-06-11 09:40 PM | Reply

"This reminds me of Carter putting solar panels on the White House."

I've heard Carter described as a conservative prophet so far ahead of his time that his contemporary conservatives couldn't understand him.

Then again they still can't

#23 | Posted by Tor at 2022-06-11 10:09 PM | Reply

#21

Is that supposed to be a defense of Joementia's dementia addled policies?

I get the "but Trump", but Bush?

#24 | Posted by willowby at 2022-06-11 10:52 PM | Reply

#21
Is that supposed to be a defense of Joementia's dementia addled policies?
I get the "but Trump", but Bush?
#24 | POSTED BY WILLOWBY AT 2022-06-11 10:52 PM

It's Bandar if you're nasty.

#25 | Posted by redlightrobot at 2022-06-12 04:33 AM | Reply

American oil companies don't want to reopen refineries or drill for more oil because they're making record profits off of Putin's invasion of Ukraine, which decreased oil supply and drove up prices. Unlike Bush's needless invasion of Iraq.

#22 | POSTED BY AMERICANUNITY AT 2022-06-11 09:40 PM | FLAG:
(CHOOSE)

Oil companies in general are watching the USA go to war on oil an gas. Who TF wants to invest new money in something that's actively being phased out? It's not their fault you elected a moron for president that doesn't care what Americans have to sacrifice in order for him to play policeman.

#26 | Posted by lfthndthrds at 2022-06-12 08:15 AM | Reply

gop.com
#4 | POSTED BY LFTHNDTURDS
GOP.com???
Hahahahahahahaha!!
No wonder you're always wrong about everything.
You partisan moron.

#15 | POSTED BY CLOWNSHACK AT 2022-06-11 08:59 PM |

You stupid enough to think that the DNC would publish his remarks on their website?

#27 | Posted by lfthndthrds at 2022-06-12 08:16 AM | Reply

Biden to Ask Saudis for Help After Snubbing Them

Major mistake for an American president to seek help from THIS Saudi leader. Given the role that the Saudi's played in 9/11, we would do better to ally with Iran and remove some of the restrictions. But, alas, the Israel lobby will not allow that.

#28 | Posted by FedUpWithPols at 2022-06-12 09:21 AM | Reply

Does it burn that your political philosophy boils down to two word? 'Buh Trump!'

#12 | POSTED BY VISITOR_

I'd ask if it bothers you that you have zero firm standards for conduct.

But given the level of dishonest, bad faith arguments you make here on a daily basis we already know the answer.

#29 | Posted by jpw at 2022-06-12 10:35 AM | Reply

Oil companies in general are watching the USA go to war on oil an gas.

Idiot keeps repeating the talking points.

Because that's all that dumb ---- has from gop.com.

#30 | Posted by jpw at 2022-06-12 10:37 AM | Reply

JPW operates under the dual delusion that energy policy has zero effect on the price of oil and natural gas and that Biden's policies are driven to maximize fossil fuel production in the US.

#31 | Posted by BellRinger at 2022-06-12 12:27 PM | Reply

Meanwhile:

" Joe Biden in 2020: "No more subsidies for the fossil fuel industry. No more drilling including offshore. No ability for the oil industry to continue to drill period. It ends."

mobile.twitter.com

#32 | Posted by BellRinger at 2022-06-12 12:29 PM | Reply

"energy policy"

We don't have one.

#33 | Posted by snoofy at 2022-06-12 12:36 PM | Reply

Idiot keeps repeating the talking points.

#30 | POSTED BY JPW AT 2022-06-12 10:37 AM | REPLY

Not so much. I've posted info that is sound for you to read and comprehend. If #30 is what you call an intelligent response to what's been posted here, you're the ------- moron.

#34 | Posted by lfthndthrds at 2022-06-12 05:58 PM | Reply

If the Saudis are lucky, Big Joey will tell them a story about how he rode camels with Lawrence of Arabia.

#35 | Posted by fortfisher at 2022-06-12 06:22 PM | Reply | Funny: 1

If Russia is lucky President Biden won't nuke them all.

get back to your bottle loser.

#36 | Posted by Tor at 2022-06-12 06:33 PM | Reply

@Tor it's 50/50 he'll probably mistake the button for his life alert ... At any rate, hilarious the Dems are all crapping on him esp Axelrod. News Flash, it's not Biden it's just the Left's terrible policies.

#37 | Posted by Reginald at 2022-06-13 03:06 AM | Reply

In 2020 the child-raping orange jizzfart took a break from botching the pandemic response and planning his insurrection to beg Bone Saw to cut oil production.

#38 | Posted by reinheitsgebot at 2022-06-13 03:26 AM | Reply | Newsworthy 1

"energy policy"
We don't have one.

#33 | POSTED BY SNOOFY AT 2022-06-12 12:36 PM | FLAG:

Sure do. It's spelled "Hegemony".

#39 | Posted by sitzkrieg at 2022-06-13 07:54 AM | Reply

It took 40 comments for the name "Khashoggi" to show up.

#40 | Posted by sitzkrieg at 2022-06-13 08:53 AM | Reply

Not so much. I've posted info that is sound for you to read and comprehend. If #30 is what you call an intelligent response to what's been posted here, you're the ------- moron.

#34 | POSTED BY LFTHNDTHRDS

You mean the literal talking points from GOP.com? LOL

#41 | Posted by jpw at 2022-06-13 09:29 AM | Reply

JPW operates under the dual delusion that energy policy has zero effect on the price of oil and natural gas and that Biden's policies are driven to maximize fossil fuel production in the US.

#31 | POSTED BY BELLRINGER

I operate under the reality that much of what he said years ago hasn't panned out and that your idiotic "war on energy" is talking point --------.

Which is why you morons keep throwing around quotes from years ago while not bringing up any actual data from the current time to support your ridiculous assertion.

#42 | Posted by jpw at 2022-06-13 09:30 AM | Reply

#42. Yeah, you're right. Biden hasn't taken any measures at all to try and curb domestic energy production. You have no clue as to how the futures market affects prices in the present. You have no clue why no drilling isn't taking place on the leases the courts required Biden to make available. After watching Biden nix Keystone while construction had started and a whole slew of other actions - nothing is being done regarding new sources of energy production and we are just trying to ride the wave of what we have.

For someone who thinks he's the smartest person in the planet you are remarkably ignorant on a variety of important subjects.

#43 | Posted by BellRinger at 2022-06-13 01:07 PM | Reply

" You mean the literal talking points from GOP.com? LOL

#41 | POSTED BY JPW AT 2022-06-13 09:29 AM | FLAG: "

The clown who posts talking points from DNC.com is going to make this allegation. Too funny!

#44 | Posted by BellRinger at 2022-06-13 01:09 PM | Reply

nothing is being done regarding new sources of energy production and we are just trying to ride the wave of what we have.

For someone who thinks he's the smartest person in the planet you are remarkably ignorant on a variety of important subjects.

#43 | Posted by BellRinger

Plenty is being done for energy production that wont ruin the climate. Only in your oil addled brain does that mean nothing is being done.

#45 | Posted by SpeakSoftly at 2022-06-13 01:16 PM | Reply

Ballwashers only purpose in life is to do what Putin tells him.

#46 | Posted by Tor at 2022-06-13 01:23 PM | Reply

The clown who posts talking points from DNC.com is going to make this allegation. Too funny!

#44 | POSTED BY BELLRINGER

Charts of US oil production, gas prices vs oil ppb ect are DNC talking points?

Of course not, you just have nothing if you don't blurt out canned responses.

#47 | Posted by jpw at 2022-06-13 01:37 PM | Reply

You have no clue as to how the futures market affects prices in the present.

I do. I just think it's a -------- rationale for jacking prices that corporate stooges like you lap up.

You have no clue why no drilling isn't taking place on the leases the courts required Biden to make available.

They scared their investments won't pan out because of new regulations.

A BS argument given the unlikelihood of the US completely disconnecting from fossil fuels. But that's more BS you lap up willingly.

For someone who thinks he's the smartest person in the planet you are remarkably ignorant on a variety of important subjects.

#43 | POSTED BY BELLRINGER

You're making the usual mistake of assuming you're in possession of uncommon knowledge.

You're not. You just think you know WTF you're talking about and anyone who disagrees doesn't.

#48 | Posted by jpw at 2022-06-13 01:40 PM | Reply

" Charts of US oil production, gas prices vs oil ppb ect are DNC talking points?"

Your snapshot view of the issue is DNC talking points. You want it both ways. The DNC stated goal, when the mask slips, has been to skyrocket fossil fuel prices - this goes back to Obama 2008.

The Democratic Party is hostile to fossil fuel production but they also know that price increases need to be very gradual and the public reaction to this crap is politically harsh which is why the are taking the bandaid approach of depleting our strategic reserves and begging foreign entities to ramp up production so that they can keep the boot on the throat of domestic production.

#49 | Posted by BellRinger at 2022-06-13 01:56 PM | Reply

So, according to JPW the Biden administration has not only done nothing to exacerbate energy prices they've taken every possible measure to mitigate them.

#50 | Posted by BellRinger at 2022-06-13 01:58 PM | Reply

Your snapshot view of the issue is DNC talking points. You want it both ways. The DNC stated goal, when the mask slips, has been to skyrocket fossil fuel prices - this goes back to Obama 2008.

Yawn.

And yet production has continued to increase since then.

Real life data doesn't support your -------- fantasy, numbnuts.

so that they can keep the boot on the throat of domestic production.

Which. Hasn't. -------. Happened.

---- you're stupid. Just STFU already.

#51 | Posted by jpw at 2022-06-13 01:59 PM | Reply

The Democratic Party is hostile to fossil fuel production but they also know that price increases need to be very gradual and the public reaction to this crap is politically harsh which is why the are taking the bandaid approach of depleting our strategic reserves and begging foreign entities to ramp up production so that they can keep the boot on the throat of domestic production.

#49 | Posted by BellRinger

And the republican party is hostile to future generations who will bear the effects of their obsession with fossil fuels and refusal to move on.

Imagine where we'd be if repubs hadn't lied about climate change for 40 years and had instead helped transition us to cleaner better domestic energy.

#52 | Posted by SpeakSoftly at 2022-06-13 01:59 PM | Reply

I guess carrying water for Democrats pays better than washing beakers and test tubes.

#53 | Posted by BellRinger at 2022-06-13 01:59 PM | Reply

#51. Futures market. Google it.

You are such a Dem stooge.

#54 | Posted by BellRinger at 2022-06-13 02:01 PM | Reply

" Which. Hasn't. -------. Happened."

Yes. It. -------. Has.

#55 | Posted by BellRinger at 2022-06-13 02:02 PM | Reply

-------------, just take the loss and move on.

#56 | Posted by reinheitsgebot at 2022-06-13 02:03 PM | Reply

You mean the literal talking points from GOP.com? LOL

#41 | POSTED BY JPW AT 2022-06-13 09:29 AM | REPLY

You mean the quotes from Biden... Are you stupid enough to think the DNC would post that on their webpage?

#57 | Posted by lfthndthrds at 2022-06-13 02:10 PM | Reply

Apparently JPW believes oil wells never run dry. Oil refineries never close. BIden is wholly and 100% a victim of circumstances beyond his control. The futures market doesn't exist. Energy production is just a flip of a switch and current actions have no effect on future production.

#58 | Posted by BellRinger at 2022-06-13 02:20 PM | Reply

58

What do the futures markets say about oil?

#59 | Posted by eberly at 2022-06-13 02:22 PM | Reply

You are such a Dem stooge.

#54 | Posted by BellRinger

This from the guy who wont quit the repubs even after they attempted fascist coup.

#60 | Posted by SpeakSoftly at 2022-06-13 02:23 PM | Reply

" Which. Hasn't. -------. Happened."
Yes. It. -------. Has.

#55 | POSTED BY BELLRINGER

No, it hasn't.

The only hiccups in oil production were recessions caused by housing bubble collapse and COVID. Otherwise, the trend line was on a constant rise, even though the supposed economy wrecker administrations of Obama and Biden. Recovery following COVID has been rapid.

Shortages of refinement capacity were choices made by oil companies who initially shut refineries due to decreases in demand or damage from weather. The ones they claimed were shut due to regulations account for 5-10 cents per gallon according to quotes I've read.

Sorry, but you've got nothing more than a giant splash of corporate ---- all over your face and you're loving it.

#61 | Posted by jpw at 2022-06-13 02:41 PM | Reply

I guess carrying water for Democrats pays better than washing beakers and test tubes.

#53 | POSTED BY BELLRINGER

So production data and industry reports/analyses are Dem water now.

Just slink off into the shadows, dumbass. Your canned answers are beyond pathetic.

#62 | Posted by jpw at 2022-06-13 02:42 PM | Reply

You mean the quotes from Biden... Are you stupid enough to think the DNC would post that on their webpage?
#57 | POSTED BY LFTHNDTHRDS

Look you dumb ----.

It doesn't matter what they've said when campaigning if reality hasn't shown they've acted on those statements.

Reality doesn't show action. Progressive anger and distrust of Biden over his lack of follow through on those policies belies their truthfulness.

You cling to them because you're a dumbb ---- who's been told what to think and can't adequately analyze reality himself.

#63 | Posted by jpw at 2022-06-13 02:44 PM | Reply

tradingeconomics.com

Wow. Look at that "war on energy." Biden is just gutting big oil right now, isn't he?

www.reuters.com

Wow. More evidence he's just killing it. You guys have completely convinced me and I'm voting Trump in 2024 now!

------- idiots.

#64 | Posted by jpw at 2022-06-13 02:47 PM | Reply

So the resident moron goes as far as saying whatever Biden promised doesn't matter anymore?

You're an underachiever who comes to sites like this to boost your ego in an attempt to shade yourself from your own miserable failures.

#65 | Posted by lfthndthrds at 2022-06-13 02:50 PM | Reply

A couple more of your vodka-fueled rants and we'll put this as top article on the front page. Come on JPW! This can be the one accomplishment you've ever got credit for.

#66 | Posted by lfthndthrds at 2022-06-13 02:55 PM | Reply

So the resident moron goes as far as saying whatever Biden promised doesn't matter anymore?
You're an underachiever who comes to sites like this to boost your ego in an attempt to shade yourself from your own miserable failures.
#65 | POSTED BY LFTHNDTHRDS

I'm done. You're too ------- stupid to bother with anymore if you think a bunch of statements from years ago that haven't come true mean more than industry data and trends.

A couple more of your vodka-fueled rants

And of course, like the worthless piece of ---- you are, you can't help but go low.

Because you know you're getting spanked because that's all you ever get you ------- worthless loser.

#67 | Posted by jpw at 2022-06-13 03:03 PM | Reply

"from years ago"

Yeah moron, shade it some more...

2 years ago
twitter.com

Sept 2019
twitter.com

Are you honestly stupid enough to think oil company execs. were watching this idiot and thinking to themselves, "oh i'm sure this is just some campaign lies he's telling"?

#68 | Posted by lfthndthrds at 2022-06-13 03:18 PM | Reply

Because you know you're getting spanked because that's all you ever get you ------- worthless loser.

#67 | POSTED BY JPW AT 2022-06-13 03:03 PM | REPLY |

LMAO

JPW, the self proclaimed winner. nutjob.

#69 | Posted by lfthndthrds at 2022-06-13 03:20 PM | Reply

Are you honestly stupid enough to think oil company execs. were watching this idiot and thinking to themselves, "oh i'm sure this is just some campaign lies he's telling"?

#68 | POSTED BY LFTHNDTHRDS

Overall the behavior doesn't indicate he's made good on the promises.

Which is why I rely on data and you rely on quotes from GOP.com while ignoring the rest of reality.

Just admit you either are too stupid to get it or you choose to live in a fantasy of the right wing bubble's creation.

#70 | Posted by jpw at 2022-06-13 03:21 PM | Reply

JPW, the self proclaimed winner. nutjob.

#69 | POSTED BY LFTHNDTHRDS

It's not a difficult call on this one.

#71 | Posted by jpw at 2022-06-13 03:22 PM | Reply

Again, Google: future markets.

Like way too many scientists and doctors you have a God complex. All you are doing is studying current production charts and are ignoring so many variables that actually determine prices in the futures market and affect future production. I'd try but apparently your ego won't allow penetration of your understanding of this beyond a Sesame Street level.

#72 | Posted by BellRinger at 2022-06-13 03:22 PM | Reply | Newsworthy 1

" Are you honestly stupid enough to think oil company execs. were watching this idiot and thinking to themselves, "oh i'm sure this is just some campaign lies he's telling"?

#68 | POSTED BY LFTHNDTHRDS AT 2022-06-13 03:18 PM | FLAG: "

When it came to Trump's stupid blather the sky was always falling. Apparently Biden's promises are meaningless. Of course we have to ignore Keystone but Dem stooges are gonna stooge

#73 | Posted by BellRinger at 2022-06-13 03:25 PM | Reply

When it came to Trump's stupid blather the sky was always falling. Apparently Biden's promises are meaningless. Of course we have to ignore Keystone but Dem stooges are gonna stooge

#73 | Posted by BellRinger

The sky did fall moron. Trump killed hundreds of thousands of americans and tried to end democracy. You're so dumb that wasn't enough to make you stop supporting his fascist movement. All you can do is point dems trying to stop climate change and pretend that means they're worse leadership than the cult who attempted a fascist coup.

#74 | Posted by SpeakSoftly at 2022-06-13 03:28 PM | Reply | Funny: 1 | Newsworthy 1

Again, Google: future markets.

Again, don't need to.

How about instead of repeating this as if it's a profound point, you say why you think you've hit on some evidential gold.

All you are doing is studying current production charts and are ignoring so many variables that actually determine prices in the futures market and affect future production. I'd try but apparently your ego won't allow penetration of your understanding of this beyond a Sesame Street level.

#72 | POSTED BY BELLRINGER

OK. Read this as many times as you need to.

Current market TRENDS are being used to rebut the assertion that production is lower because of domestic policy. That is flat out false. It's also rebutting the assertion that it's getting worse because of ongoing policy. Patently false.

You are gargling industry balls and chirping "futures markets" as if that explains why production is continuing to increase and has almost reached pre-pandemic highs, why refining capacity is on par with data back to the 80's and can't explain supply shortages are occurring and why both of these show why Biden's statements your riding on didn't craft current reality.

Pointing to nebulous "futures markets" that are unfalsifiable -------- is a cop out.

#75 | Posted by jpw at 2022-06-13 03:45 PM | Reply

When it came to Trump's stupid blather the sky was always falling. Apparently Biden's promises are meaningless. Of course we have to ignore Keystone but Dem stooges are gonna stooge

#73 | POSTED BY BELLRINGER

And you wonder why you're seen as stupid...

If you want to talk about Biden's promises and statements, fine. But that's not the same as discussing current energy reality.

Trump's blather led to actual action and consequences.

And to put a ------ cherry on your stupid ---- cake you point to a pipeline that wasn't going to do a damn thing for domestic oil prices. Because you seem to misunderstand how those prices come about and instead latch on to simpleton nonsense.

#76 | Posted by jpw at 2022-06-13 03:47 PM | Reply

"Pointing to nebulous "futures markets" that are unfalsifiable -------- is a cop out.

#75 | POSTED BY JPW AT 2022-06-13 03:45 PM"

Which belies the fact that when it comes to this subject you have no clue as to how energy markets work beyond studying a snapshot of current production.

Stick to pathogens, son.

#77 | Posted by BellRinger at 2022-06-13 03:52 PM | Reply

You do realize future's markets are entirely predictive, right? It's selling at a given price based on what you think the future market conditions will be.

That doesn't in any way rationalize Biden's policies with current pricing other than we're paying for the fearful trading of futures without the culmination of the reason for the fear.

And you seem to think that that's OK LOL

#78 | Posted by jpw at 2022-06-13 03:57 PM | Reply

Just admit you either are too stupid to get it or you choose to live in a fantasy of the right wing bubble's creation.

#70 | POSTED BY JPW AT 2022-06-13 03:21 PM

Fair enough but you also have to see that the oil companies are making good on his statements without him.

#79 | Posted by lfthndthrds at 2022-06-13 03:58 PM | Reply

The US refining is down and your link this morning showed that.

#80 | Posted by lfthndthrds at 2022-06-13 04:01 PM | Reply

Fair enough but you also have to see that the oil companies are making good on his statements without him.

#79 | POSTED BY LFTHNDTHRDS

So Biden says something, energy companies react, Biden doesn't do what he says but we're still supposed to hold Biden accountable for the energy co's actions?

That's ludicrous and sounds more like rationalizing of price gouging than anything else.

#81 | Posted by jpw at 2022-06-13 04:01 PM | Reply

Energy production isn't a spigot. The futures market determines pricing because actions taken in the present take years to come to fruition when it comes to energy production. Biden, like Obama before him, has taken considerable measures to curb future fossil fuel energy production to the extent that our government has the power to affect future production. When the mask slips, this has repeatedly been a stated goal of the Democratic party and the left going back to at least 2007.

Why deny it? Why deny this isn't the goal and that the actions taken are to advance the goal?

#82 | Posted by BellRinger at 2022-06-13 04:01 PM | Reply

#79 was in response to this

"Which is why I rely on data"

#83 | Posted by lfthndthrds at 2022-06-13 04:02 PM | Reply

"So Biden says something, energy companies react, Biden doesn't do what he says but we're still supposed to hold Biden accountable for the energy co's actions?"

Except that Biden DID do what he said.

#84 | Posted by BellRinger at 2022-06-13 04:02 PM | Reply

The US refining is down and your link this morning showed that.

#80 | POSTED BY LFTHNDTHRDS

4.5%.

It's still higher than 2021. Which was higher than 2020.

Even in refining capacity the trend is to recovery from pandemic lows.

#85 | Posted by jpw at 2022-06-13 04:03 PM | Reply

Except that Biden DID do what he said.

#84 | POSTED BY BELLRINGER

You're hopeless.

#86 | Posted by jpw at 2022-06-13 04:03 PM | Reply

#82 | POSTED BY BELLRINGER

You're still holding up intangible rationalizations expecting them to carry all the weight over hard numbers of production and refining.

All while acting like he's the one who isn't a stooge.

#87 | Posted by jpw at 2022-06-13 04:05 PM | Reply

Uh huh.

I'm not the one affixed to Biden's sack.

#88 | Posted by BellRinger at 2022-06-13 04:05 PM | Reply

"You're still holding up intangible rationalizations expecting them to carry all the weight over hard numbers of production and refining."

OMG!!!

Do you really NOT understand how energy production works and how the futures market works? Clearly that's the case yet here you are proudly wallowing in ignorance.

Biden's words and actions had an adverse effect on the price of energy and continue to have that adverse effect. Other factors have also contributed to the price hike but Biden isn't just some helpless victim of circumstances beyond his control.

#89 | Posted by BellRinger at 2022-06-13 04:08 PM | Reply

Uh huh.
I'm not the one affixed to Biden's sack.

#88 | POSTED BY BELLRINGER

Pointing out reality isn't being affixed to Biden's sack.

#90 | Posted by jpw at 2022-06-13 04:12 PM | Reply

Biden's words and actions had an adverse effect on the price of energy and continue to have that adverse effect.

So Biden's word's effects suddenly kicked in when a pandemic was ending, supply chains were disrupted, inflation was rising and Putin invaded his neighbor? Wow. That's some prescient ------- futures traders.

#91 | Posted by jpw at 2022-06-13 04:13 PM | Reply

It's funny you keep repeating the same stupid chirp about futures without providing any solid, concrete info about specifics or even how it fits into the existing information.

Prices rising? Futures! Cuz BiDeN!!!!

Not a pandemic? Nope. Inflation? Nope. International destabilization? Nope.

Futures! Cuz BiDeN!!!!

No disconnect between price at the pump despite high and increasing oil production and refining? Nope.

Futures! Cuz BiDeN!!!!

It's almost as if you don't understand it yourself and just cling to it because you don't have to formulate an actual argument under it's non-specific, unfalsifiable umbrella.

#92 | Posted by jpw at 2022-06-13 04:17 PM | Reply

Read this as many times as necessary:

"Biden's words and actions had an adverse effect on the price of energy and continue to have that adverse effect. Other factors have also contributed to the price hike but Biden isn't just some helpless victim of circumstances beyond his control."

#93 | Posted by BellRinger at 2022-06-13 04:22 PM | Reply

"Biden's words and actions had an adverse effect on the price of energy because energy cos say so despite no significant inhibition of their production and refinement and continue to have that adverse effect for reasons already stated. Other factors have also contributed to the price hike but Biden isn't just some helpless victim of circumstances beyond his control."

Your falling hook, line and sinker for corporate nonsense.

"We're going to raise prices because we're scared despite what we're scared of not coming to fruition as demonstrated by our own industry numbers" is a really poor cause to hitch your wagon to.

#94 | Posted by jpw at 2022-06-13 04:25 PM | Reply

Oh, so it's just some big corporate conspiracy.

Got it!

#95 | Posted by BellRinger at 2022-06-13 04:28 PM | Reply

You certainly have your boogeymen nailed down.

#96 | Posted by BellRinger at 2022-06-13 04:29 PM | Reply

They're making up reasons to increase prices and increase prices even if the reasons don't turn out to be true.

That's it in a nutshell. And you're perfectly fine with it.

#97 | Posted by jpw at 2022-06-13 04:31 PM | Reply

#97 Oh. That's all it is. A massive worldwide corporate scam. Do you also post under the name "Speaksoftly"?

#98 | Posted by BellRinger at 2022-06-13 04:35 PM | Reply

---- off, jeff.

#99 | Posted by Alexandrite at 2022-06-13 04:36 PM | Reply

#98 when you use future predictions to make economic decisions and don't adjust those decisions when the base assumptions are wrong, yeah, it is a bit of a scam.

#100 | Posted by jpw at 2022-06-13 04:39 PM | Reply

Except those base assumptions are NOT wrong.

#101 | Posted by BellRinger at 2022-06-13 04:43 PM | Reply

#99 That language isn't very lady-like.

#102 | Posted by BellRinger at 2022-06-13 04:44 PM | Reply

#101 point me to the data supporting your assertion.

Because it's not found in production or refining numbers.

#103 | Posted by jpw at 2022-06-13 04:53 PM | Reply

-They're making up reasons to increase prices and increase prices even if the reasons don't turn out to be true.

If they can make up reasons to increase prices then why would they ever lower prices?

#104 | Posted by eberly at 2022-06-13 05:31 PM | Reply

-You certainly have your boogeymen nailed down.

Since I started posting here, I've seen the boggeymen for high gas prices shift to where it needs to be in order stick to the political talking points.

It will always shift to fit inside the brain of a political hack.

And on both sides of course.

#105 | Posted by eberly at 2022-06-13 05:35 PM | Reply

106 comments later still no Khashoggi. Damn, you can't keep the zeitgeist even if you get chopped up and thrown down a well.

#106 | Posted by sitzkrieg at 2022-06-13 05:44 PM | Reply

#106. Sitzkreig,

That's because our foreign policy, going back decades, has little to do with "opposing tyranny".

greenwald.substack.com

#107 | Posted by BellRinger at 2022-06-13 06:42 PM | Reply

If they can make up reasons to increase prices then why would they ever lower prices?

#104 | POSTED BY EBERLY

For the same reason they can't just say "inflation!" and jack prices unreasonably. They have to toe the line of what the market will bear.

#108 | Posted by jpw at 2022-06-13 07:42 PM | Reply

Where's that data/info to requested in post 103, jeff?

#109 | Posted by jpw at 2022-06-13 07:42 PM | Reply

#104

Come on, eb. You know they'll have to lower prices eventually. Consumers are getting squeezed.

But that doesn't mean they not going to keep climbing the wave until they get to the very top. The closer to the top, the more reasons (and excuses) to keep raising prices. Until they can't anymore.

#110 | Posted by horstngraben at 2022-06-13 08:10 PM | Reply

"We're going to raise prices because we're scared despite what we're scared of not coming to fruition as demonstrated by our own industry numbers" is a really poor cause to hitch your wagon to.

#94 | POSTED BY JPW

BS, consumption is out pacing production. Every little bit helps, pricing is nonlinear.
www.eia.gov

#111 | Posted by oneironaut at 2022-06-13 08:18 PM | Reply

"We're going to raise prices because we're scared despite what we're scared of not coming to fruition as demonstrated by our own industry numbers" is a really poor cause to hitch your wagon to.

#94 | POSTED BY JPW

BS, consumption is out pacing production. Every little bit helps, pricing is nonlinear.
www.eia.gov

#112 | Posted by oneironaut at 2022-06-13 08:19 PM | Reply

The Russians are extra b1chy today.

The price of smokes must have gone up again lol

Just wait till you can't afford them at all.

#113 | Posted by Tor at 2022-06-13 08:23 PM | Reply

Jeeffffyyyy. Jeefffffyyyyyyyyy. Data? Info? Anything? Bueller?

#114 | Posted by jpw at 2022-06-13 08:36 PM | Reply

"If they can make up reasons to increase prices then why would they ever lower prices?"

^
From the brilliant mind that asks:
Why not make the minimum wage $100/hr?

#115 | Posted by snoofy at 2022-06-13 08:48 PM | Reply

#97 Oh. That's all it is. A massive worldwide corporate scam.
#98 | POSTED BY BELLRINGER

You're calling record oil company profits a scam?
???

Stay In School, Kids!

#116 | Posted by snoofy at 2022-06-13 09:02 PM | Reply

Stay In School, Kids!

#116 | POSTED BY SNOOFY

Yeah, especially if you live in mom's basement.

#117 | Posted by lfthndthrds at 2022-06-13 11:03 PM | Reply

They're making up reasons to increase prices and increase prices even if the reasons don't turn out to be true.

That's it in a nutshell. And you're perfectly fine with it.

#97 | POSTED BY JPW

Dip------ can't even figure out why they waited for the Biden administration to price gouge. That's some funny ------.

#118 | Posted by lfthndthrds at 2022-06-13 11:06 PM | Reply

Somehow, mysteriously the oil companies have a secret clue how to price gouge. BuT iT hASNOTHiNg tO Do WiTh ReGuLATiOnS

#119 | Posted by lfthndthrds at 2022-06-13 11:08 PM | Reply

"they waited for the Biden administration to price gouge"

Republicans blame Biden for that.

#120 | Posted by snoofy at 2022-06-13 11:09 PM | Reply

"Somehow, mysteriously the oil companies have a secret clue how to price gouge."

Its not a secret.

It's a cartel.

Stay in school, kids!

#121 | Posted by snoofy at 2022-06-13 11:10 PM | Reply | Newsworthy 1

why they waited for the Biden administration to price gouge.

To punish Americans for voting for Biden.

To get idiots, like you, to blame Biden.

To help boost voter turn out for Republican candidates.

To punish Democrats for embracing green energy and alternative energy.

#122 | Posted by ClownShack at 2022-06-13 11:12 PM | Reply | Newsworthy 1

--- SA. pull out.
keep our own gas.

#123 | Posted by ichiro at 2022-06-13 11:36 PM | Reply

JPW,

I'm not interested in answering your ------- attempt at "do you still beat your wife" question. Until you demonstrate a modicum of understanding of what drives energy prices (hint: It's not a snapshot of current production and refining TODAY) this discussion is like pissing in the wind.

You're not a dumb person. When it comes to pathogens I mostly avoid challenging you because it's clear you know more about that ---- than I do. When it comes to energy markets I am pretty far from being an expert. But, given the banality of your questions, such as they are, I understand how these markets work better than you.

Until you become better educated on this the discussion has become circular.

#124 | Posted by BellRinger at 2022-06-13 11:37 PM | Reply

Clownshack is a very dim man.

#125 | Posted by BellRinger at 2022-06-13 11:38 PM | Reply | Funny: 1

"Until you demonstrate a modicum of understanding of what drives energy prices"

Here you go:

Published April 5, 2021
Biden's energy plan contributing to gas price increases: GasBuddy analyst
Patrick De Haan says consumers could see a national average of $3 per gallon this year
www.foxbusiness.com

The other $2 is oil company profits.

#126 | Posted by snoofy at 2022-06-13 11:43 PM | Reply | Newsworthy 1

#126 | POSTED BY SNOOFY

Biden claimed it was the Putin Price hike started when Russia started positioning troops on the Ukraine border, in April 2021. Are you saying Biden is lying?

Also the price of fuel wasn't over $3.50 a gallon in 2021, do you think the price increases STOP affecting the market?

The supply is tight. Vs consumption, check the chart I posted, usually production is greater than consumption. Its been behind for sometime.

Posting what you did Snoofy, you need to just stick to deflection using your thesaurus, because you're bad at understanding facts.

#127 | Posted by oneironaut at 2022-06-14 12:09 AM | Reply

#124

So you don't have it. You just chirp "futures markets" and then happily bend over while grumbling about something Biden didn't do.

Also, it's not a snapshot of today I'm pointing to. It's called a trend line, and it's an assessment of production and refinement for the entirety of time the data was collected.

And shove your "modicum of understanding" BS. You can't even explain your position your so dedicated to LOL

#128 | Posted by jpw at 2022-06-14 10:25 AM | Reply

#128. Just admit you are ignorant as to how fuel pricing works in the real world.

#129 | Posted by BellRinger at 2022-06-14 11:51 AM | Reply

Your explanation is a highly regulated global market is some all powerful cabal. It's banal to be sure but it belies your juvenile understanding of most issues.

#130 | Posted by BellRinger at 2022-06-14 11:53 AM | Reply

Keep dodging Jeffy.

The fact that you can't produce what should be a simple answer tells me you don't know ---- but think you do.

And don't claim to know how it works. You clearly don't for the same reason above.

#131 | Posted by jpw at 2022-06-14 12:29 PM | Reply

You wouldn't call OPEC a powerful cabal? They control the bulk of the world's most valued commodity.

#132 | Posted by jpw at 2022-06-14 12:30 PM | Reply

OPEC is powerful but they have competition, which is my point. These sky high prices are not the result of some massive global conspiracy.

#133 | Posted by BellRinger at 2022-06-14 12:44 PM | Reply

-You wouldn't call OPEC a powerful cabal?

I'm just thinking out loud on this issue.....I've always seen OPEC as such a large consortium of oil production that when they choose to flood the market or choke the market....those actions impact the price.

But how does what OPEC do with regards to production impact a US domestic Oil producer? We know US oil companies aren't producing as much as they could at this point....is that due to OPEC? How?

My only thought is that US oil companies are worried they spend a ------- of money drilling and then once they are ready to start producing more......the price comes down (in part due to what OPEC does) and that capital investment winds up being a waste of money.......and that's why they aren't drilling right now when they could be.

#134 | Posted by eberly at 2022-06-14 01:02 PM | Reply

OPEC is powerful but they have competition, which is my point.

Spread out amongst independent producers. The balance of power is tipped even further when you consider OPEC+.

These sky high prices are not the result of some massive global conspiracy.

#133 | POSTED BY BELLRINGER

Even less so from Biden's statements years ago.

#135 | Posted by jpw at 2022-06-14 01:53 PM | Reply

"But how does what OPEC do with regards to production impact a US domestic Oil producer?"

You answered your own question:

"OPEC as such a large consortium of oil production that when they choose to flood the market or choke the market....those actions impact the price."

"We know US oil companies aren't producing as much as they could at this point....is that due to OPEC? How?"

It's due to the price, which is due to OPEC. Why should they produce more when they're making record profits at current levels of production?

#136 | Posted by snoofy at 2022-06-14 03:50 PM | Reply

"These sky high prices are not the result of some massive global conspiracy."

Conspiracy?
Hey dummy.
Listen up.

These sky high prices are the result of some massive global cartel. It's called OPEC. You probably haven't heard of it.

Putin also plays a role, through his invasion, resulting in sanctions, which further reduce supply.

#137 | Posted by snoofy at 2022-06-14 03:53 PM | Reply

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