My Polka Dot Apron

You are not logged in. Would you like to login or register?



April 8, 2022 8:05 pm  #1


The G & O Industry is a "charade"

Truer words were never spoken.  It's not the fault of the oil companies - it's the fault of the democrap politicians.  Isn't everything??  They are all just SOOOO afraid they might have to concede that some of Trump's policies were right on the mark.  They'd rather destroy the country.

Call me petty but I think I'm right about that one.  I'm pretty strong-minded about what I believe once I do the "research" and come to a conclusion.  Not much will change my mind.

Here's a quote from the article at the link below the quote:

"Gretchen H. Watkins, president of Shell USA, said:

"The Interior Department should end its pause on federal oil and gas leasing and instead direct urgent attention to accelerating and completing its legal and administrative work necessary to restart federal lease sales, along with appropriate environmental safeguards, especially in the Gulf of Mexico, which is among the lowest greenhouse gas intensive production in the world."

Experts in the energy sector reacted to the hearing by issuing statements to the media.

Myron Ebell, director of the Center for Energy and Environment at The Competitive Enterprise Institute, said:


"House Democrats today hypocritically tried to blame high gasoline prices on price gouging by oil companies, but when prices were much lower during the Trump administration, they failed to thank oil companies for not price gouging. House Democrats today hypocritically demanded that oil company CEOs increase oil production, while six months ago House Democrats demanded that the same CEOs promise to reduce oil production."

The highlight of today’s charade of a hearing was Representative Bill Johnson, Republican of Ohio, who pleaded with oil company CEOs to stop apologizing for not being green enough and instead proudly defend their industry for the energy they produce that keeps America and the world moving.

James Taylor, president of The Heartland Institute, said:

"Today’s hearing perfectly illustrated how congressional Democrats are in complete denial about how their anti-energy policies predictably drive up energy prices. The oil industry averages a mere 2.5-percent profit per year, which is far less than most other industries in our economy, including the Wall Street financial industry that so heavily funds Democratic politicians. “Joe Biden and congressional Democrats are the ones who have driven up oil and gasoline prices, not the hard-working Americans who produce domestic oil and gasoline despite being vilified and shackled by Biden administration policies,” Taylor said."

https://www.breitbart.com/politics/2022/04/07/oil-executives-push-back-against-democrats-charge-of-profiting-off-russian-war-no-tolerance-for-price-gouging/

 
 


A government which robs Peter to
pay Paul can always depend on
the support of Paul.
-- George Bernard Shaw
 

Board footera

 

Powered by Boardhost. Create a Free Forum