Our actual strategic oil reserve is that if push comes to shove we'll go take the oil we need from wherever we decide to take it from at the point of a very large gun.
Not like this, it hasn't. Biden was a moron to scuttle the Keystone XL pipeline. The degree to which the democrats have painted America into a corner in the past 2 years is astonishing. Biden's recent moves are just thrashing as he tries to escape the consequences of his earlier decisions.
I had to fix a lot of stupid **** you posted to make it accurate. You should try to post more accurate information. It's almost like you're being intellectually dishonest on purpose.I'm pretty dumb and I say dumb things a lot. Biden revoked permits for the Keystone XL pipeline which hasn't contributed at all to our current oil supply and has not had any effect on oil prices at all. The degree to which the democrats have painted America into a corner in the past 2 years is non-existent. Biden's recent moves are just honest efforts as he tries to escape the consequences of Trump's earlier decisions.
You may not like it but the information is accurate. The chart is directly from the EIA. it is real. The permits for the half-completed Keystone XL pipeline were revoked by the Biden administration. At the time of permit revocation it was on track to be operational in mid-2022. As far as how that would have affected the price of oil, I don't think it would have and never claimed any such thing. The chart is in reference to inventory and I do think having that big pipeline in a functional condition would be a very helpful piece of the supplying-inventory puzzle right about now. We don't have that piece thanks to the Biden administration.
www.nrdc.org
www.theguardian.com
1) How much oil do we distill on a daily basis?
Keeping inventory on premisis is costly, so refineries are keeping less. Biden caused that how?
FIFY. Any question in my mind was over when he lied about the contents of sociology texts, which links I'd provided for him, as if I hadn't read them.
17.9 million barrels per day.
Yes, because at the time that was written the United States was energy independent. That is no longer the case. There is already pipeline infrastructure to route oil from the refineries to wherever it needs to go and it could easily be rerouted from the sea terminals. Now the oil going to sea terminals or elsewhere is mute because Biden killed the Keystone XL so the oil never makes it into the system at all. That was the whole point. Supposedly if they could cut it off at the source then we wouldn't have it to burn it so they cut it off. Now we are seeing the impacts of that deliberate decision in our inventory levels.
5% of that number would be 895,000 barrels per day, but our idle capacity is only 154,800, and tar sands oil is resource-intensive. Who's refining that surplus?17.9 million barrels per day.
The Keystone XL pipeline could have supplied closer to 5% of that number
Actually, less than 1%, considering the idle capacity of our refineries.
The decision to do that or not do that is up to the Canadians. They made the decision to go forward. Our decision was only on if we should allow that oil to flow into our network. Biden decided he didn’t want that oil in our network and that decision, as intended, is being reflected in our inventory levels.
It would have been the refineries who invested the money into increasing capacity to handle the Keystone XL oil, but the investments to increase capacity never happened because there was no Keystone XL oil to refine. Reducing all of this was their stated goal, and they accomplished it. Only now they have belatedly realized maybe damaging the economy wasn't such a good goal to accomplish.
lol at thinking if the Keystone XL pipeline had been built then there would be no air, water, or food. At least with the cult who wore the Nikes waiting for the comet, there actually was a comet.
