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The U.S. is now energy independent

axios.com

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Re: The U.S. is now energy independent

#81

Post by Scoundreller »

staticautomatic wrote: post #70
8note wrote: post #47

Earlier quoted context omitted.

There's no current threat of being priced out, the major oil producers are too busy trying to get market share on low cost oil. Going forward, will this ever be an issue? Peak oil is coming from societies moving away from oil and adopting renewables. By the time OPEC et Al start raising their prices, they will be irrelevant to most US consumers

Honest question: what about plastic and other non-fuel uses?

They’ll just get burned. Plastic is just an intermediate step between oil and thermal energy.

Re: The U.S. is now energy independent

#83

Post by sremani »

wolverine876 wrote: post #65
ctime wrote: post #44

Earlier quoted context omitted.

Actually many places with real competition, near production and very little regulation in the U.S. did have $1.00 or so gallon gas, i.e. much of the south and near energy producing areas in LA for example. I wouldn't be surprised to find out that gas retailers in California would continue to price their gas at ~$5.00 a gallon when they don't actually have any to sell (or conversely, aren't selling any at all) because…

Which regulations are raising prices? Also, I'm a little confused: SD and LA are in California, of course.

The LA in the previous comment is likely Louisiana -- where many refineries are based.

Also, CA has its own refineries that have additional blend restrictions (if I am not wrong). You cannot legally sell, gasoline that is refined in LA or TX and sell them in CA gas stations.

Re: The U.S. is now energy independent

#84

Post by eyelidlessness »

mulmen wrote: post #68
philipkglass wrote: post #37

Earlier quoted context omitted.

The United States banned crude oil exports from the 1970s until 2015: https://en.wikipedia.org/wiki/Energy_Policy_and_Conservation... https://ballotpedia.org/Crude_oil_export_ban It didn't seem to affect retail fuel prices very much either way.

Almost like there is a cartel manipulating prices.

Governments manipulate markets, news at 11.

Re: The U.S. is now energy independent

#85

Post by [deleted] »

jimmygrapes wrote: post #52
wolverine876 wrote: post #32

Earlier quoted context omitted.

What does it explain about the OP? Are you saying it's biased in favor of the Biden administration? What part is biased? The article doesn't even depict the situation as necessarily positive. Do you have evidence that Ryan participated? What about other people at Axios? Connecting otherwise unrelated dots is the foundation of conspiracy theories, not fact, and (if Wikipedia is accurate) that was five years ago.

Sure. Since my main takeaway from the article is that it's propaganda click bait where the title and topic is to imply that the U.S. is in a strong position, particularly given the timing and related news of the day, I attribute the underlying intent to "someone at axios wants to write a fluff piece about the Biden admin". Yes, that might be what you call a conspiracy theory, OK. I obviously can't prove it absent com…

[deleted]

Re: The U.S. is now energy independent

#86

Post by Gollapalli »

We WERE energy independent.

The current administration cut production soon after taking power. The previous administration had expanded domestic oil production resulting in the energy independence of 2020 mentioned in the article.

Why they are talking about 2020-2021 energy independence as though it applies to the current situation, I do not understand. I expect that there is some truth to the sentiments expressed by other commenters that this article is, in fact, tendentious in its aims.

Re: The U.S. is now energy independent

#87

Post by shortstuffsushi »

Gollapalli wrote: post #86

We WERE energy independent. The current administration cut production soon after taking power. The previous administration had expanded domestic oil production resulting in the energy independence of 2020 mentioned in the article. Why they are talking about 2020-2021 energy independence as though it applies to the current situation, I do not understand. I expect that there is some truth to the sentiments expressed by…

Yeah, I'm confused about this as well. Two years ago, this claim saying "we're now independent" would make sense, but now it almost feels like we could say the reverse; we've become less independent (less production, more demand) - situations like the current Ukraine problem could cause more trouble, not less

Re: The U.S. is now energy independent

#88

Post by shortstuffsushi »

JaakkoP wrote: post #67
anm89 wrote: post #53

Earlier quoted context omitted.

In two to four years? I'm sorry but that's not realistic. It will be bigger than it is now. But not 1000% bigger. Probably not 100% bigger.

Almost certainly more than 100% bigger in two to four years, if Gartber predicts 50% growth for 2022-2021 alone. And many project more. What’s more, the growth will likely pick up each year as more and better EVs become available, and more people start considering them as a real alternative.

What percentage of consumers purchase new cars on a < 5 year basis? People who take out leases do, so there could be an uptick of these folks getting into EVs, but the majority of existing car owners aren't likely to hop over just to get on the EV train, I don't think, and the second hand car market is / will continue to be massive. I can't see a significant decline in gas vehicles for a decade or better, probably likely two before a significant portion of gas vehicles are off the road.

Re: The U.S. is now energy independent

#89

Post by dillondoyle »

Gollapalli wrote: post #86

We WERE energy independent. The current administration cut production soon after taking power. The previous administration had expanded domestic oil production resulting in the energy independence of 2020 mentioned in the article. Why they are talking about 2020-2021 energy independence as though it applies to the current situation, I do not understand. I expect that there is some truth to the sentiments expressed by…

This isn't true. If you can prove me wrong I'd be happy to read about why.

It sounds like we're talking about leases.

talking about future production, the Biden admin allowed more federal lands leasing in their first year than trump did. [1]

They paused new leases at the start but they're back. They are trying to get more money from lease sales but idk where that's at.

And with high covid prices the admin asked companies to increase production back to pre covid levels faster.

Total us production isn't back to pre covid levels yet [2], but all the reporting I've raid says it's because of covid, manic swings in demand and pricing, share price volatility, pressure to reign in spending, and push for renewables [3]

Personally, we do need to get strict with leases. This transition period is going to be painful hard to balance such long term assets (like decades to build and get roi from new large oil development) with a transition that we need to happen as fast as possible.

Going to hurt but could hurt less if we can spend the few T needed to beef up renewables, get new cars on road, replace electric stoves, etc.

[1] https://biologicaldiversity.org/w/news/press-releases/new-da...

[2] https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=M...

[3] https://www.cnn.com/2021/11/10/energy/oil-gas-prices-joe-bid...

Re: The U.S. is now energy independent

#90

Post by throwfaraway9 »

wolverine876 wrote: post #60
jimmygrapes wrote: post #52

Earlier quoted context omitted.

Sure. Since my main takeaway from the article is that it's propaganda click bait where the title and topic is to imply that the U.S. is in a strong position, particularly given the timing and related news of the day, I attribute the underlying intent to "someone at axios wants to write a fluff piece about the Biden admin". Yes, that might be what you call a conspiracy theory, OK. I obviously can't prove it absent com…

> But come on, really. Pretend it was Trump and Fox Either there is a factual basis or there's not. And who are you talking about? Do you have any basis for me saying whatever you are implying? Are you saying everyone says it? Do you have any basis for comparing Axios to Fox? And if it's false for Trump and Fox, isn't it just as false here - you therefore know it's false? > I obviously can't prove it There's a lot of…

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