I Want Some Trump Gasoline

An oil war? In accordance with the UN agreement all of the oil out of Iraq was placed in a trust and delivered to the duly elected government of Iraq once a government could be established. We got no oil from Iraq. So how was it an oil war? We actually supported them until the new government was formed and the funds could finally be released.

 

LOL. Clueless. You know nothing about the Dakota Shale fields or the industry or Obama. While it may be finite, it isn't as limited as you think. Oil is not as scarce as you think. That's just a go to liberals use as a motivation to accuse their political adversaries. You also have no clue about industry reserves and consumption. You really do need to study more before you run on about stuff you know nothing about.

 

Not for lack of effort. Google Iraq "Production Sharing Agreements".

 

It was 7$/gal when I was in California. Over 5$/gal in New York when I was in New York. I think you are looking at nationwide averages that did approach 5$. Didn't bother to follow your link. That's an industry I'm well familiar with.

 

You obviously didn't look at the links I posted. They have nothing to do with Iraq. They describe Biden's war on the American oil industry... Here they are again:
- Consumers Pay The Price As Biden’s War On Oil And Gas Expands (forbes.com)
- Biden’s War on Oil Hits Consumers - WSJ
- Joe Biden's war on oil and reckless economic policies have imperiled national security (nypost.com)
- Don't Be Fooled — Biden's War Against Oil And Gas Is Far From Over (forbes.com)
- Joe Biden’s war on oil and reckless economic policies have imperiled national security (msn.com)

 

No interest in educating you. Go do your research.

 

That wasn't my chart, but I pointed out the cherry picking, and you just verified that it was only an area of CA.. The OP made no such distinctions.

 

Precisely. I never said the national average was 7$. I said it got up to 7$. I know it was 7$ because I thought one of my drivers was skimming money off the top when he filled up my vehicles. I was about to call him on it and let him go, thinking he was stealing. I divided by 5$ and realized the number of gallons was more than the vehicles could hold. I didn't realize my mistake until I found out it had risen to over 7$/gal. I almost fainted. The last time I put gas in the car myself it was $1.20.

 

I take it you didn't really read your link. What does this have to do with Iraqi oil in 2003?

 

I was referring to Media_Truths characterization of the Iraq war as Bush's oil war. Nothing to do with your correct characterization in regards to the Biden administrations war on American oil industry. Media has no idea all the restrictions and regulations we have had to deal with.

And Biden's supposed reasoning was to "combat global warming"? WTH is that? How does burning foreign oil instead of domestically produced oil alter the GW equation even if it was a real thing? Quite comical if not so tragic to the nation.

I'm an evil oil baron in the Dakotas now? You have an issue with oil production in the Dakotas? Please elaborate.

 

I'm trying to imagine what impediments. Domestic oil production higher than it ever has been.

 

Biden's increased royalties on oil from wells on federal lands increases cost no matter how much is produced.

 

Right. Here's why.

The Real Reasons for High Oil and Gas Prices

Myth: Drilling for more oil in the United States would lower high gas prices.
Fact-check: Drilling for more oil in the United States will not lower gas prices because the production of U.S. oil does not set the price of gas—the global price of oil does. Oil and gas are global commodities, subject to the whims of notoriously volatile global markets. Their prices are particularly sensitive to geopolitical events and investor sentiment. So everything from war to pandemics to elections can and regularly do cause rapid price swings. That’s why, even though Russian oil made up less than 2 percent of the U.S. supply, ending Russian oil imports still hit U.S. consumers hard. In other words, this is not simply about balancing supply and demand.

In fact, in this case, sky-high gas prices came from a confluence of events. As COVID-19 restrictions eased and economies rebounded rapidly, demand for oil spiked. Pandemic-related supply chain disruptions exacerbated the situation, causing gas prices to go up. Then, more recently and perhaps most saliently, Russia.

Oil markets were roiled when Russia, a petro-state whose exports supply 8 percent of the global oil supply, used its fossil fuel earnings to finance another unjust war. The response by the oil and gas industry was to perpetuate the lie that more drilling would ease the impact on the United States.
https://www.nrdc.org/stories/real-r...MI8b_z78-thQMV6QWtBh3qWACWEAAYASAAEgLG-vD_BwE

 

How about one of the very first things he did when assuming office? Does everyone remember what that was...?

 

i see lot a people here miss Trump's America. i thought i would remind them how Trump made it possible $2 gas in 2020




Spring - Summer of 2020 When Trump was President












































something really wrong in the head for people wanting to go back to this guy's leadership.

 

Cancel a pipeline that is not in production? And you want to explain us that a pipeline which is not in production impacted oil price?

 

When you say “you read”. You mean you read it in Facebook.

Bring something more credible then Facebook post by some “enrich sociopath”.

 

Want some Trump gasoline? Invent a new strain of COVID that shuts the world down, and you'll have your Trump gasoline.

 

why would you say that.

I wouldn’t be surprised that Trump actually tried to get the Saudis to try and drive oil prices up. I doubt they took him seriously.

‘After all, he did bully the GOP into sabatoging any effort at immigration reform.

And his is openly supporting the Russians in Ukraine, and has gotten his cult to tow the Moscow line.

 

well, Trump did publicly disavow any responsibility for his leadership failure.

 

The naivety of those who say the Iraqi War was NOT about oil. This is one excerpt of a report for Congress. And it wasn't just the US. Britain was attempting similar efforts to control Iraqi Oil, after the war.

https://digital.library.unt.edu/ark:/67531/metadc689127/m1/1/high_res_d/RL34064_2008Jul02.pdf

July 2008
The central importance of oil and gas revenue for the Iraqi economy is widely recognized by Iraqis, and most groups accept the need to create new legal and policy guidelines for the development of the country’s oil and natural gas. However, Iraqi critics and supporters of the proposed legislation differ strongly on a number of key issues, including the proper role and powers of federal and regional authorities in regulating oil and gas development; the terms and extent of potential foreign participation in the oil and gas sectors; and proposed formulas and mechanisms for equitably sharing oil and gas revenue. Concurrent, related discussions about proposed amendments to articles of Iraq’s constitution that outline federal and regional oil and gas rights also are highly contentious.

 

This does not in any way say what you think it says. Did you even read the report or is your reading comprehension lacking. This entire report details EXACTLY what I mentioned. We did not get oil from Iraq and it wasn't an oil war.

This report pertains to whether the new Iraqi government had met the requirements necessary for turning over the oil and gas revenue fund and control of the Iraqi oil and gas industry to the newly formed Iraqi government. The UN and the US Congress had established certain requirements any eventual Iraqi government (when formed) must meet before our government would turn over control and funds to Iraq. They mandated the new Iraqi government must have in place a system to manage their oil reserves and the funds in a manner which guaranteed no foreign involvement and an equal distribution of the benefits of Iraq's oil resources to all Iraqi citizens and ethnic groups. Also mandated, no benefits or controls were to be influenced by foreign governments, corporations, or citizens, and this report was commissioned by the US Congress to guarantee just that. Indeed, these requirements passed very early on (even prior to our occupation) are for the protection of the Iraqi people, ensuring their right to equally share in the proceeds of their oil resources. Our interest in the matter was to follow the UN mandates and our own requirements to insure the new Iraqi government wasn't as bad or worse than the Saddam regime. It was well understood the Iraqi oil reserves would be a key factor in determining rule over the Iraqi people by any future Iraqi government. This report is intended to insure the UN mandate in which all oil proceeds be protected, without any foreign benefit, involvement or control for delivery to the new Iraqi government. In addition to the UN mandate the report is intended to guarantee to the US Congress the requirements have been followed. These required the handoff of control would not occur until the new Iraqi government had set up a system of control of their own oil industry in a manner that ensured all Iraqi citizens and ethnic groups within Iraq shared equally in the proceeds of their sovereign oil reserves. This was designed to insure when their funds and industry were turned over, it didn't result in a tyrannical system of governance which was as bad or worse than the Saddam Hussein regime.

The first report to Congress in 2007 recommended the oil fund and resources not be turned over at that time because Iraq had not sufficiently put protections in place. As such the Congress agreed to continue using US taxpayer funds to pay for the provisional government until the next report in 2008. This 2008 report recommended the Iraqi government had met the standards. Following this report Congress agreed and everything went to the new Iraqi government. It marked the point where the US no longer had to fund the Iraqi people. So thank you for posting this as it THOROUGHLY supports exactly what I mentioned. It wasn't an oil war. This report proved it to Congress, the UN, and every inhabitant of the planet of just that fact.

What you highlighted in BOLD lettering is referring to IRAQI federal and regional authorities not being satisfied the new governments plan would guarantee them equality. In other words, your bold lettering is referring to internal discussions within the new government in Iraq and whether the new system would guarantee no foreign influence.

 

And what makes you think that the US had any say in how Iraq rebuilt their country, and more specific their oil economy? Both Britain and the US found out that they had very little say. As it should be.

 

We truly are a kind and generous country. This should serve as an example for the world of how best to protect those foreign nationals we are duty bound to protect when a tyrannical regime is overthrown. While we remained (and still remain to a small extent) in Iraq at the behest of the new Iraqi government to provide security (mainly against Iran and ISIS), following the subsequent authorization by our Congress to finally turn over control of their oil and funds after this report, Infrastructure and the financing of their government, judiciary, etc. was no longer on the US taxpayer. We continue to provide them security at our own expense, but Iraq is free to ask us to leave or make whatever decisions it feels is in the interest of the Iraqi people from that time forward.

 

Well as the occupying force, it is our duty to provide security and make decisions as to how best to protect the Iraqi people until they had the opportunity to establish a government of their own capable of taking on that role. It is EXACTLY what we were duty-bound to do. This whole report is to inform Congress as to whether we had satisfactorily met our obligations and could subsequently hand off our obligations to the Iraqi's. Like I said, it should serve as an example to the world and evidence the fact we did the honorable thing and did not in ANY way pillage the resources which rightfully belong to the Iraqi people. Proof positive it was not a "war for oil".