Will O'Biden Be Forced To Rethink His Domestic "Fossil Fuel" Policy

[JohnyMac]

A question to the great minds here at Unchainedpreppers; will the O'Biden administration be forced to rethink its "fossil fuel" policy?

A good friend uses quotes when she writes "fossil fuel" as what lays below terra ferma is not from dead plants or dinosaurs but Serpentinite. Anyway, that is a discussion for another time.

I am already seeing a discussion of reopening previously opened land for drilling but closed by O'Biden in January 2021. Several White House reporters have quizzed "Peppermint Pattie" (WH Spokes Person Psaki) on this very thing.

As fuel prices goes up, will the pressure increase to the point that poopy pants puppeteers will have to take their boot off the throats of U.S. energy companies. 

I would love to read your thoughts.   

[Obh]

I think you'll see increased production again domestically, but it won't be because Brandon opened up to additional drilling. I did see it looks like they are running pipe between 167 and SR 4003 in Montrose.

[JohnyMac]

This morning SW was working on the well pad down the road from me. Could be just maintenance however, it sounded like they were starting a new well. There is only two wells on the pad now and permitted for four. For the most part the two existing wells have laid dormant till last month. Interesting.... 

[DMCakhunter]

I don't see them restarting the federal land permitting yet. Their goal is to drive up carbon based fuels to the point that electric vehicles are cheaper to operate, so this plays into their hand. Regardless that the electric grid cannot handle that volume of increased electric demand.
People/companies are putting in wells wherever they have valid existing permits and revitalizing low production wells. It should help but the fact that a majority of US crude oil refineries are not designed to run WTI is what limits the US from complete energy independence.

That they are talking about an SPR release to try and lower oil prices again in the face of the Ukraine war expanding is very stupid.

[JohnyMac]

WTI crude price at this writing, $111- a barrel.

DJIA futures down ~600-pnts

Spot gold at $1,940 an ounce

Don't worry, it will get worse. Stay tuned 

[Nemo]

More of the 3Bs plus 2 would be a good idea for all.

Nemo

[RB in GA]

Well, the Canadian oil sands will profit, assuming they have truckers to move the product.