Yowsa! Biden admin sends ltr to refiners...

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SergioSays
Posts: 99
Joined: Mon Jul 12, 2021 8:59 am

Yowsa! Biden admin sends ltr to refiners...

Post by SergioSays »

...asking them to lower their exports in order to build product inventories in the northeast prior to Winter.

https://mishtalk.com/economics/good-luc ... ng-mandate

Clown car administration
Fraser921
Posts: 2996
Joined: Mon Mar 22, 2021 11:48 am

Re: Yowsa! Biden admin sends ltr to refiners...

Post by Fraser921 »

JUST SETTING THEM UP TO BLAME WHEN HEATING OIL COSTS 5 BUCK A GALLON

After drawing down energy reserves, guess what? The Biden administration says they are too low, tells exporters to stop exporting.

MAYBE THEY SHOULD MAKE THE SHIP TURN AROUND GOING TO CHINA

The WSJ points out "Fuel storage levels would be much higher in the Northeast if not for New York state’s natural gas pipeline blockade, which has made the region more dependent on oil for energy. One-third of New England residents still use oil to heat their homes, and New York this month is generating more electricity from oil than from solar or wind."

> They should throw Cuomo and his whole administration in jail for not allowing PA NG from Marcellus to flow to NE
dan_s
Posts: 34607
Joined: Fri Apr 23, 2010 8:22 am

Re: Yowsa! Biden admin sends ltr to refiners...

Post by dan_s »

BTW using home heating oil is MUCH MORE POLLUTING than using natural gas for space heating. Seems that everything the Climate Change Wackos do is the opposite of what would be better for the environment.

I thank God each day for getting me to Texas.
Dan Steffens
Energy Prospectus Group
Fraser921
Posts: 2996
Joined: Mon Mar 22, 2021 11:48 am

Re: Yowsa! Biden admin sends ltr to refiners...

Post by Fraser921 »

If you think this is bad, there are some communities in Mass. that passed ordinances banning NG hookups in new construction and banning it from business. So restaurants will need new stoves to cook food.
Not to be outdone, CA will be banning all gasoline burning cars.

They had a lot of fun banning weed wackers recently
Fraser921
Posts: 2996
Joined: Mon Mar 22, 2021 11:48 am

Demented retards and their minions

Post by Fraser921 »

We saw a total blowout of the heating oil gasoline spread yesterday as the EIA reported another inexplicable drop in US gasoline demand but at the same time put out numbers that suggested that distillate supplies are not going to be adequate to get us through winter. Implied gasoline demand fell to what would be a 20-year low if you believed the numbers in this wildly swinging weekly demand report. U.S. production fell, raising concerns that the U.S. producer is being held back by the Biden administration.

Energy secretary Jennifer Granholm is gonna be very disappointed with the U.S. energy industry yet again. She called on energy companies to reduce their exports. Last week U.S. exports of petroleum products hit a record high of over 11 million barrels a day. What is crazy about the Energy Secretary’s call on energy companies to reduce export is that it is in direct conflict of the Biden policy of promising Europe to export as much liquefied natural gas as they can. The US vowed to help them out during the Ukraine-Russian conflict. Biden vowed to send every molecule of the natural gas we can to help them out. Maybe, Biden and Energy Secretary Granholm should spend more time talking together.
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