Tuesday, February 09, 2021

Energy 139, Immediate impact of Biden policies vs fracking, killing Keystone pipeline

See world oil prices rising fast as soon as it is clear that Biden will indeed cancel or kill fracking in federal lands, meaning drastic cut in US oil-gas output. 

Russia main exports (about 50% of total) are oil-gas-coal, not missiles or jetfighters.
High US oil-gas output means lower world oil-gas prices, Putin/Russia and OPEC unhappy.
Low US oil-gas output means higher world oil-gas prices, Putin/Russia and OPEC are happy.

See these recent reports:

US oil output 2021 projected to decline,

Saudi and OPEC cutting output to further raise prices,

While Russia will raise output, to raise its market share,

Meanwhile, observe this pattern:

When Obama was re-elected, no campaign promise of killing fracking, US oil output continued rising.

When Trump was elected, with campaign promise of drill-baby-drill and more fracking, US oil output continued rising.

When Biden was elected, with campaign promise to kill fracking, with EO on day 1 (Jan. 20) to cancel oil gas drilling in federal lands, US oil output is flat.


Peak US crude oil production was 13.10 million barrels per day (mbpd) end-February 2020, pre-lockdowns. Production in Dec. 2016 (Obama last full month) was 8.77 mbpd. So there was an increase of 4.33 mbpd in 3 years and 2 months or an increase of about 1.35 mbpd per year under Trump.

Other impact of Biden policies, below. Notice how Democrat state New Mexico, Democrat unions, now worry about their beloved Democrat President.

Biden policies already creating job losses, energy costs will skyrocket 
Joseph D’Aleo, CCM   Tuesday, January 19, 2021

Biden’s pause on oil cause for big concern in New Mexico

By SUSAN MONTOYA BRYAN  January 23, 2021

Biden Administration Sets Out Plan for Eve of Energy Destruction 
Kenny Stein   January 25, 2021 

Biden Commerce Secretary: Sorry Folks, We're Raising Taxes to Pay for Climate Policies 
Katie Pavlich| Posted: Jan 27, 2021 11:15 AM 

Feeding the Hand that Smites: Union Leaders Protesting Biden’s Cancellation of Keystone XL Pipeline Endorsed Him Despite Campaign Pledge to Kill the Project
By Marlo Lewis, Jr., Jan 27, 2021

Biden to End Fossil Fuel Subsidies: Like the Paris Agreement, it Will Make No Difference
By Roy Spencer, Jan 27, 2021

Biden’s ‘Green Energy Jobs’ Really Means ‘No Energy Jobs’ And ‘Low-Paying Energy Jobs’ 
JANUARY 27, 2021 By Mike Pasko 

John Kerry: Gas Industry Workers Who Lose Their Jobs Can Go ‘Make The Solar Panels’
By Tim Pearce,  Jan 27, 2021

Goodbye Keystone XL Pipeline 
By Clinton E. Crackel  January 28, 2021 

President Biden’s Climate Day: the Entire Federal Government Will Be Focused on the “Climate Crisis”
By Myron Ebell, Jan 29, 2021

The dark side of ‘green energy’ and its threat to the nation’s environment 
What happens to old solar panels, windmills and high tech batteries?
By Amy Joi O'Donoghue  Jan 30, 2021, 10:00pm MST 

Biden Wants to Kill 80 Percent of America's Energy 
Stephen Moore |Posted: Feb 02, 2021 12:01 AM 

Biden’s Energy Plan May Be Costly For Consumers
4 February, 2021  Daniel Lacalle

Virginia will pay trillions for renewable power 
By David Wojick |February 5th, 2021 

Offshore Wind Plans Will Drive Up Electricity Prices And Require ‘Massive Industrialization Of The Oceans’ 
Robert Bryce  Feb 5, 2021,09:17am EST 

Think About Energy: President Biden’s First 100 Days 
Natalie DeCario   February 5, 2021 

Shafting The Poor 
by Willis Eschenbach, February 6, 2021 


See also:
Energy 136, California blackouts and wind-solar, August 21, 2020 
Energy 137, Piki Lopez's climate and energy alarmism, December 26, 2020 
Energy 138, China coal and Europe near blackout, February 01, 2021.

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