US taxpayers are now on the hook for $15 billion in damages because of Biden.

marke

Well-known member
Biden stupidly cancelled the Keystone Pipeline by fascist edict and now the US is facing $15 billion in damages for breach of contract. However, $15 billion in damages for breach of contract is likely a very small number compared to the hundreds of billions of dollars more Americans will now be paying to nations like Saudi Arabia and Russia for fuel.

 

Gary K

New member
Banned
Biden stupidly cancelled the Keystone Pipeline by fascist edict and now the US is facing $15 billion in damages for breach of contract. However, $15 billion in damages for breach of contract is likely a very small number compared to the hundreds of billions of dollars more Americans will now be paying to nations like Saudi Arabia and Russia for fuel.

You just don't understand Keynesian economics or Modern Monetary Theory. We must borrow and spend to become wealthy for it is spending that creates wealth. :rolleyes:

The more money you spend the wealthier you become. Debt equals wealth.
 

marke

Well-known member
You just don't understand Keynesian economics or Modern Monetary Theory. We must borrow and spend to become wealthy for it is spending that creates wealth. :rolleyes:

The more money you spend the wealthier you become. Debt equals wealth.
Exactly. Democrats think wealth is created by printing and spending more federal reserve notes, with the sky as the limit. That is why they fought so hard every year or so during the Obama administration to raise the debt ceiling or eliminate it altogether. That is also why the US suffered its first-ever credit rating decline under the bad spending policies of the Obama administration.
 

marke

Well-known member
Biden stupidly cancelled the Keystone Pipeline by fascist edict and now the US is facing $15 billion in damages for breach of contract. However, $15 billion in damages for breach of contract is likely a very small number compared to the hundreds of billions of dollars more Americans will now be paying to nations like Saudi Arabia and Russia for fuel.

Good news for Russia and Middle-Eastern Muslims! Biden's shutdown of American oil has funnelled $billions from the pockets of American consumers to the pockets of rich Muslims and Russians!

Oil prices climbed to a six-year high Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) and Russia continue to tamp down on global output, The Wall Street Journal reported.
 

marke

Well-known member
Good news for Russia and Middle-Eastern Muslims! Biden's shutdown of American oil has funnelled $billions from the pockets of American consumers to the pockets of rich Muslims and Russians!

Oil prices climbed to a six-year high Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) and Russia continue to tamp down on global output, The Wall Street Journal reported.
 

marke

Well-known member
Good news for Russia and Middle-Eastern Muslims! Biden's shutdown of American oil has funnelled $billions from the pockets of American consumers to the pockets of rich Muslims and Russians!

Oil prices climbed to a six-year high Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) and Russia continue to tamp down on global output, The Wall Street Journal reported.
Trump-hating, Marxist-loving, American idiots should be paying attention to what is going on in America because of Biden and the democrats. Biden has clamped down on American oil production, causing gas and oil prices to skyrocket, just as Obama said his coal-destroying policies would cause the price of home heating and electricity to skyrocket. Now Biden is begging Putin and the OPEC nations to increase their production of oil in order to bring down prices in America as Biden and the democrats stupidly and stubbornly sail towards the ridiculous goal of zero emissions to meet unrealistic unscientific global warming expectations invented by leftists.

The White House on Wednesday made the embarrassing move to call on OPEC and its allies to boost oil production as pump prices climb, underscoring alarm over the U.S. loss of energy independence under President Biden.
Domestic producers said Mr. Biden should have looked to them to bolster the nation’s oil supply.
Instead, Mr. Biden turned to OPEC, a cartel of 13 of the world’s largest oil producers and a handful of nonmember allies, including Russia.
Mr. Biden has limited U.S. oil production by issuing a slew of executive orders prioritizing climate change over the American energy industry.
 

marke

Well-known member
Biden stupidly cancelled the Keystone Pipeline by fascist edict and now the US is facing $15 billion in damages for breach of contract. However, $15 billion in damages for breach of contract is likely a very small number compared to the hundreds of billions of dollars more Americans will now be paying to nations like Saudi Arabia and Russia for fuel.

Biden is now begging Russia and Saudi Arabia to increase oil production in order to lower gas prices in the US which have spiked since Biden was elected due to very damaging democrat opposition to American oil and gas production.

Sean Hannity railed against President Biden for making foreign oil deals instead of drilling domestically because “we’ve got enough.” During his show Thursday night, Hannity asked “Why would we beg countries and kiss their ass when we don’t need their oil?”
Former Energy Secretary Rick Perry was a guest on the show, also commenting on Biden’s energy strategy. Hannity reported on the Biden administration begging for more foreign oil. National Security Agency Advisor Jake Sullivan sent out a statement on oil Wednesday morning.
“Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery. The price of crude oil has been higher than it was at the end of 2019, before the onset of the pandemic,” Sullivan’s statement said. “While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022. At a critical moment in the global recovery, this is simply not enough.”
However, Hannity’s response to solving the problem of higher gasoline costs lies within the US territory. “The obvious answer is put the keystone pipeline up, get it back up and running,” Hannity said. “Continue drilling.”
 

marke

Well-known member
Biden is now begging Russia and Saudi Arabia to increase oil production in order to lower gas prices in the US which have spiked since Biden was elected due to very damaging democrat opposition to American oil and gas production.

Sean Hannity railed against President Biden for making foreign oil deals instead of drilling domestically because “we’ve got enough.” During his show Thursday night, Hannity asked “Why would we beg countries and kiss their ass when we don’t need their oil?”
Former Energy Secretary Rick Perry was a guest on the show, also commenting on Biden’s energy strategy. Hannity reported on the Biden administration begging for more foreign oil. National Security Agency Advisor Jake Sullivan sent out a statement on oil Wednesday morning.
“Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery. The price of crude oil has been higher than it was at the end of 2019, before the onset of the pandemic,” Sullivan’s statement said. “While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022. At a critical moment in the global recovery, this is simply not enough.”
However, Hannity’s response to solving the problem of higher gasoline costs lies within the US territory. “The obvious answer is put the keystone pipeline up, get it back up and running,” Hannity said. “Continue drilling.”
Competent political leaders are telling Biden to just get out of the way and stop mucking up everything with stupid leftist democrat policies.

Republican leaders in oil-and-gas states want President Biden to get behind domestic producers instead of pleading with foreign governments to pump more crude as the administration seeks to counter surging fuel prices.
Texas Gov. Greg Abbott advised the White House to “stay out of the way” after the administration announced Wednesday that it would ask OPEC and leading non-OPEC oil producers to boost their output in a bid to drive down world prices.
“Dear White House,” Mr. Abbott tweeted Wednesday. “Texas can do this. Our producers can easily produce that oil if your administration will just stay out of the way. Allow American workers — not OPEC — [to] produce the oil that can reduce the price of gasoline.”
 
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