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  #1  
Unread 03-08-2022, 12:13 PM
bgreene bgreene is offline
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Default Our Big Oil Companies now making a fortune …on us

FACTS
1.Our big oil companies have about 9,000 oil leases open and available to use - to pull more oil on US grounds….that they are NOT using.
2. Our big oil companies STOCKS are WAY UP now under Biden vs Trump and the big shareholders are LOVING IT.
3. Our big oil companies spent over $60,000,000 ….that’s 60 million dollars lobbying for Republicans in Washington while a tiny fraction towards Democratic plans.

Some say …..Big Oil runs our nation. Well, big oil stocks such as EXXON-MOBIL have doubled in the last year, while they make HUGE PROFITS with oil above $100 per barrel.
At our cost…..as we buy their gasoline.

Something to think about….
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  #2  
Unread 03-08-2022, 05:16 PM
bgreene bgreene is offline
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So……the Big Oil Companies therefore “ can’t lose “

The average joe blames Biden.
Big oil wins.

The price of oil stays high.
Big oil wins.

Republicans win back political positions.
Big oil wins.

Drill baby drill ? Well……not so fast and not too much .
Because big oil likes higher prices .

But Big Oil LOVES to hear others all get the blame.
And big oil wins .
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  #3  
Unread 03-08-2022, 05:21 PM
steplift20 steplift20 is offline
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This is all Bidens doing, everything.and Biden is in big oils pocket .
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  #4  
Unread 03-08-2022, 05:32 PM
bgreene bgreene is offline
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Quote:
Originally Posted by steplift20 View Post
This is all Bidens doing, everything.and Biden is in big oils pocket .
You tell em’ Steppie ! Hahah
Big oil wins no matter what !
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  #5  
Unread 03-09-2022, 02:15 AM
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Destroyer Destroyer is offline
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Well, that's one of those misleading "facts" that the Dems are so fond of posting.
FACT yes, there are slightly over 6000 oil leases on Federal land that are not being drilled of pumped.
FACT a lot of those holes are dry.
FACT The cost is astronomical to drill, even if you get a permit to do so.
FACT A lease is NOT a permit. If you are lucky enough to actually strike oil getting a permit to actually pump the oil is quite another matter. There are years of environmental, federal and local barriers. Then you also have the costs of permits to install pipelines (different from pumping the oil///more environmental studies, etc.).

I could go on but you get the idea. They (Biden and the Dems) are not lying when they say that there are 6000 leases open, they just don't tell the rest of the story.

They are also trying to say that the high gas prices are Putins fault when anyone with half a brain knows that they started rising the first week that Biden took office. Yes, the Ukraine invasion has pushed oil prices up almost a quarter more than what they were, but that's still $.75 cents of every dollar of increase is squarely on Biden's back... NOT Putins.

.
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  #6  
Unread 03-09-2022, 03:11 AM
bgreene bgreene is offline
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Big Oil Corporations LOVE high prices and are making HUGE profits of us now.

It’s been said that Big Oil runs America…….easy to understand why .
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