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Economy
Dem Senators blame evil Oil Companies for lack of production, high prices
2022-03-04
[Breitbart] On Thursday’s broadcast of MSNBC’s "Andrea Mitchell Reports," Sens. Mark Warner (D-VA) and Jeanne Shaheen (D-NH) argued that oil companies are not producing as much as oil as they could to keep the price high and these companies need to increase production to help combat Russia’s energy wealth.

After both Senators called for an embargo on Russian oil, Shaheen said, "I know there’s hardship on the American people and on everybody who is affected by these high gas prices, but the other thing we need to do is we need to call on our CEOs of the major oil companies to stop sitting on production and increase production. They’ve been sitting on the amount of production because they want to keep the price high. Well, the world needs them to respond now as well. They need to do this so that they can support the free world as we’re trying to fight this tyrant who is trying to put — capture the democracies of the world. And so, we need to all stand together here."

Warner responded, "I couldn’t agree more with Jeanne. The energy companies need to step up. The truth of the matter is, the Ukrainian people are voting with their lives, saying they embrace democracy, the values of liberal democracy that sometimes I think we and folks in Europe take for granted. And we all need to step up. Business, obviously policymakers, and clearly the American people are willing. So, we need to see those energy leaders do their part as well."
Posted by:Besoeker

#31  Get ready for higher prices. In a war zone all naval insurance policies are void. No one is picking up Russian oil from the Black Sea and little from the Baltics. 3.3bb/day are just accumulating. Russia only has 80bbl storage. So if the war goes beyond 70 days and no one is picking up oil, they have to shut down production. The last time they did that it took 30 years to bring back online.
Now granted that was Soviet times after WW2, but it will be years at least before oil is flowing again if they do that.
Posted by: DarthVader   2022-03-04 22:50  

#30  #22 is a recent Visitor. This Beetlejuice Troll Mayor was given the Groot (Guardians of the Galaxy) nick years ago by Second City Cop
Posted by: Frank G   2022-03-04 18:50  

#29  Your gas is expensive because Evil Oil!
Your car is expensive because Slimy Car Dealers!
Your groceries are expensive because Greedy Farmers!
Posted by: swksvolFF   2022-03-04 17:59  

#28  the wheels are coming off
I blame Putin and Biden and Zelensky and the War Party in Washington. Fuck them all, equally
Posted by: Whirong Bourbon2835   2022-03-04 17:24  

#27  Dems are projecting and/or stuck on stupid.
Posted by: JohnQC   2022-03-04 17:21  

#26  Oil stock prices are up (except for BP, who lost a lot in Russia) about 20% over long-term (5 yr) expectations. Of that, I figure half is inflation (Biden) and half is Ukraine fears.
Posted by: Glenmore   2022-03-04 16:08  

#25  Lots of unmasking going on.
Posted by: swksvolFF   2022-03-04 14:59  

#24  doing corporation things

Like when Boeing moved their HQ to Chiraq because they thought Bath House was going to be President for Lifeâ„¢

And then their product went to crap.
Posted by: M. Murcek   2022-03-04 13:51  

#23  Its those evil corporations, up in their corporation towers, doing corporation things.
Posted by: swksvolFF   2022-03-04 13:48  

#22  "Groot"? Not familiar with it. Is that a Belgian wheat beer?
Posted by: Econ101forMorons   2022-03-04 13:45  

#21  How about "B.D.I.C."?

Usually, we just refer to her as Groot for an appallingly long list of reasons.
Posted by: SteveS   2022-03-04 12:55  

#20  Socialists do what Socialists do.
In Nicaragua they raided the finances of PDVSA, the state oil monopoly, for ever expanding streams of money -- then bitterly complained that the oil production kept dropping! The 'Magic Money Tree' will keep producing or it is all the fault of evil Capitalists!
Posted by: magpie   2022-03-04 12:52  

#19  I would add that the problem with a lot of what Democrat senators say is that people who watch MSNBC don't know any better than to believe it. Certainly MSNBC won't tell them otherwise.
Posted by: Abu Uluque   2022-03-04 12:00  

#18  Heh. How about "B.D.I.C."?
Posted by: Econ101forMorons   2022-03-04 11:59  

#17  is Rantburg's motto.
Posted by: Abu Uluque   2022-03-04 11:58  

#16  Amend to, introduce Ms Cheney to the biggest d**k in Chicago

That's a little better. Civil, well reasoned discourse in Rantburg's motto.
Posted by: Abu Uluque   2022-03-04 11:57  

#15  We welcome your comments and you can say all kinds of things here at Rantburg but my understanding is that advocating violence against our fellow Americans usually results in the comment being deleted. Of course, we can talk about offing Russians all we want.
Posted by: Abu Uluque   2022-03-04 11:56  

#14  Oh ok, sorry.
Amend to, introduce Ms Cheney to the biggest d**k in Chicago
Maybe use an acronym?
Posted by: Econ101forMorons   2022-03-04 11:54  

#13  ^ Now, we don't get to say things like this on Mr. Pruitt's web site.
Posted by: Abu Uluque   2022-03-04 11:49  

#12  
Posted by: Econ101forMorons   2022-03-04 10:54  

#11  ^ Sounds like someone wants to sit with Liz Cheney's kangaroo kourt, er, committee...
Posted by: M. Murcek   2022-03-04 10:50  

#10  Also, to be clear, sanctions are retarded AF
They're only going to hurt us

Regime change begins at home. Overthrow the old dotard and his lunatics before they destroy us
Posted by: Econ101forMorons   2022-03-04 10:47  

#9  You mean Russian agents like Little Fauci?

I'd like to shove a polonium- and shit-smeared punji stick up Fauci's ass
Posted by: Econ101forMorons   2022-03-04 10:43  

#8  Based on your other comments, Econ, you're OK with Russian agents.
Posted by: Rob Crawford   2022-03-04 10:26  

#7  Importing oil from Russia
Helping the Iranians buy arms from Russia
Inflicting a failed spike protein therapy with monstrous side effects on hundreds of millions of healthy Americans

The only conclusion is that Biden and the Democrats are Russian agents sent to destroy America and the West
Posted by: Econ101forMorons   2022-03-04 09:29  

#6  So, NH voters have embraced the or die part of that state's motto.
Posted by: M. Murcek   2022-03-04 09:27  

#5  My cousin met Shaheen while she was still NH governor. Said 'she's as dumb as a box of rocks'. I see nothing's changed.
Posted by: Raj   2022-03-04 09:21  

#4  These people know they're lying to us. This is pure evil.
Posted by: Sheter the Lesser9291   2022-03-04 07:02  

#3  


Riddle me this Sens. Mark Warner (D-VA) and Jeanne Shaheen (D-NH).

How is it even 50% the Oil Companies' fault?
Since your Liberal Socialist Democrat party has limited drilling, refining, and hamstrung the method of delivery. Plus in less than 6 months of stealing office. Went from being a nation that was EXPORTING OIL & FUELS again, to a nation again IMPORTING VAST AMOUNTS?



Posted by: NN2N1   2022-03-04 06:49  

#2  Wasn't a problem under Trump. Wonder what changed? /rhet question
Posted by: Procopius2k   2022-03-04 06:48  

#1  Do these two poor, helpless foks think the American people do not know what is taking place, what the leftest Biden administration is doing ?
Posted by: Besoeker   2022-03-04 06:34  

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