U.S. Treasury Secretary Janet Yellen said the U.S. is involved in “extremely active” talks to set up a potential oil-buyers’ bloc that would allow Russian oil back on global markets but limit the price to the production cost.
---------------------------
So, Putin isn't as bad as we thought.
Team Biden's latest scheme - June 8
Team Biden's latest scheme - June 8
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Team Biden's latest scheme - June 8
SEN. MIKE LEE: "We have an administration that is, unfortunately, doing everything it can to assault America's energy sector and with it, America's poor and middle class. Ordinary, hardworking families are unable to keep up. They can't afford their energy needs, and in some cases, they're left without power.
We ought to be exploring every option available to us right now and not pursuing further the pipe dream that all of a sudden we can just abandon all fossil fuels. We can't. We need these things. If they want to abandon them, they would have to go to something like nuclear that would provide a source of base load carbon-free power. But until that happens, they can't act as if we can do without these things."
------------------------------
The U.S. and Europe need "Common Sense Energy Plans" and they need them fast. IMO Wind & Solar should NEVER be a significant percentage of any nation's power supply. They are too expensive and they are not reliable. Nuclear power is the real long-range solution, but nuclear power plants take many years to build, so the near-term solutions is natural gas. However, the idiots we've elected have blocked the infrastructure necessary to bring our massive natural gas reserves to markets that need more clean burning natural gas. The next winter will be a "train wreck" because there is not time enough to repair the stupidity of The Green Bad Deal.
We ought to be exploring every option available to us right now and not pursuing further the pipe dream that all of a sudden we can just abandon all fossil fuels. We can't. We need these things. If they want to abandon them, they would have to go to something like nuclear that would provide a source of base load carbon-free power. But until that happens, they can't act as if we can do without these things."
------------------------------
The U.S. and Europe need "Common Sense Energy Plans" and they need them fast. IMO Wind & Solar should NEVER be a significant percentage of any nation's power supply. They are too expensive and they are not reliable. Nuclear power is the real long-range solution, but nuclear power plants take many years to build, so the near-term solutions is natural gas. However, the idiots we've elected have blocked the infrastructure necessary to bring our massive natural gas reserves to markets that need more clean burning natural gas. The next winter will be a "train wreck" because there is not time enough to repair the stupidity of The Green Bad Deal.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Team Biden's latest scheme - June 8
This is really a great idea. It would be a surprise if everyone isn't completely for this, and THANK GOD they are "actively" looking into this. Whew!!!! For a while there, I was worried that they weren't doing anything to help. Maybe they could set up an Energy Exchange and have Hunter's friends in Ukraine administer it. Just make sure to put a little in for "the Big Guy" and Nancy Pelosi's husband. If you like your energy company, you can keep it. I feeling much better already.
I
I
Re: Team Biden's latest scheme - June 8
but limit the price to the production cost.
Will they get audit financial statements to verify cost?
Why would anyone sell at cost (assume 40) when they can get 120 anywhere else?
This is what these idiots come up with??
Markets got slammed on inflation and the only way they know how to dampen it is to raise rates and cause a recession.
How about laser focus on the whole life cycle on the energy value chain
How about financing a new refinery
How about not allowing any community to fight infrastructure
How about admitting green new deal is a farce
And stop lying to American people
I'm in energy because these idiots are clueless and won't do what it takes.
Sad and little people pay
Will they get audit financial statements to verify cost?
Why would anyone sell at cost (assume 40) when they can get 120 anywhere else?
This is what these idiots come up with??
Markets got slammed on inflation and the only way they know how to dampen it is to raise rates and cause a recession.
How about laser focus on the whole life cycle on the energy value chain
How about financing a new refinery
How about not allowing any community to fight infrastructure
How about admitting green new deal is a farce
And stop lying to American people
I'm in energy because these idiots are clueless and won't do what it takes.
Sad and little people pay
Re: Team Biden's latest scheme - June 8
You know I remember from my youth all of the radio and TV ads that said "get what you deserve"
Well the American people voted in Mr. Biden et al and they are going to get what they deserve .... poverty, thanks to all of us focusing on the oil industry and riding out the tough times and investing in oil and gas, I think we are going to get what we deserve.... some $$$$
There is no way we can change what they say, when I watched Pete Buttigeig on ABC last weekend I could not believe the lies he was spouting. They are not going to give in.
Well the American people voted in Mr. Biden et al and they are going to get what they deserve .... poverty, thanks to all of us focusing on the oil industry and riding out the tough times and investing in oil and gas, I think we are going to get what we deserve.... some $$$$

There is no way we can change what they say, when I watched Pete Buttigeig on ABC last weekend I could not believe the lies he was spouting. They are not going to give in.
Last edited by Orindakid on Fri Jun 10, 2022 11:49 pm, edited 1 time in total.
Re: Team Biden's latest scheme - June 8
I think anyone that has been a senator for over 20 years should not be allowed to run for President. They have no Leadership experience.
Senators are bureaucrats that are elected to get stuff for their states. They control lots of money and think the solution to most problems is to spend a lot more money. Most of the people we've elected would never able to run a company.
Trump may be a Total A-Hole, but he is a proven leader. I don't like his style, but he knows how to get things done.
Leadership Skills.
> Clear Vision of the future they want their team to achieve.
> Ability to Communicate the Vision and get followers to believe in the goals.
> Good at "Positioning": Putting highly qualified people in management positions that are aligned with the Leader's vision.
> Management of Self: Say and do things that are aligned with the vision. People won't follow liars and cheats.
In my opinion, Joe Biden gets an "F" in all four.
Senators are bureaucrats that are elected to get stuff for their states. They control lots of money and think the solution to most problems is to spend a lot more money. Most of the people we've elected would never able to run a company.
Trump may be a Total A-Hole, but he is a proven leader. I don't like his style, but he knows how to get things done.
Leadership Skills.
> Clear Vision of the future they want their team to achieve.
> Ability to Communicate the Vision and get followers to believe in the goals.
> Good at "Positioning": Putting highly qualified people in management positions that are aligned with the Leader's vision.
> Management of Self: Say and do things that are aligned with the vision. People won't follow liars and cheats.
In my opinion, Joe Biden gets an "F" in all four.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group