fullspinzoo

A cyberattack on a major pipeline reminds us how vulnerable our infrastructure is. https://www.americanthinker.com/blog/2021/05/hold_onto_your_hats_gas_prices_may_be_going_up_even_more.html Of course, shutting down our Keystone Pipeline, so far, has turned out to be one of Biden's more boneheaded moves. https://www.americanthinker.com/blog/2021/05/hold_onto_your_hats_gas_prices_may_be_going_up_even_more.html

JFlorio Loc: Seminole Florida

Wonder what country is involved? I’m sure idiot Joe will give them a stern talking to.

Tiptop789 Loc: State of Denial

Are you a little slow this morning, the US is involved?

JFlorio Loc: Seminole Florida

I'd have to gp backwards to be as slow as you. What country initiated the attack? That help pea brain?

lpnmajor Loc: Arkansas

The keystone pipeline was years away from completion. Who told them they had to put their shit online anyway? Whatever happened to the old fashioned method of using human feets and eyeballs to take care of business? BTW, imagine all the jobs that would be created if we went back to that old, cyber attack proof method! Would make the few jobs lost on keystone totally irrelevant.

silvereagle

To fullspin.I dont understand about keystone pipeline.It wasnt finished.It wasnt pumping oil along.Yet why did gas go up.

fullspinzoo

First of all, I don't think most citizens have confidence in Biden's policies. My prediction? Mkt down 10,000 pts by July 4th. So far I've been wrong. As you probably know, commodity prices are determined on speculation. When I worked for Thomson Sec., my boss would say "by the time the first snowflake hit the ground, too late to report "it's snowing". Now we are dependent on foreign oil, rather than being soon self reliant. I think the unknown helps drive the price up. When the price of gas goes up, the price of everything goes up. Will we see inflation? I think so. Long 4 years.

America 1 Loc: South Miami

If you have a jackass constantly spewing attacks on oil production, it is evident.
The top five sources of U.S. total petroleum (including crude oil) imports by share of total petroleum imports in 2020 were.
Canada52%
Mexico11%
Russia7%
Saudi Arabia7%
Colombia4%
WASHINGTON (Bloomberg) --Hours after taking office, President Joe Biden made good on a campaign promise to cancel the Keystone XL oil pipeline. Later that day his Interior Department mandated that only top agency leaders could approve new drilling permits over the next two months.
This week, according to people familiar with the plans, Biden will go even further: suspending the sale of oil and gas leases on federal land, where the U.S. gets 10% of its supplies.
The actions sent oil producers’ stocks tumbling and raised blood pressure across the industry.
The industry took it as a bad omen. Officials are worried that technical permitting decisions are being placed in the hands of political appointees, rather than expert regulators in the field. And they’re concerned permits -- or simply changes to them -- will be delayed for existing drilling operations.
Moreover, many interpreted it as a prelude to broader actions, including the administration’s plan to next week impose a moratorium on all oil, gas, and coal leasing across some 700 million acres (2.8 million hectares) of federal land.
https://www.worldoil.com/news/2021/1/22/biden-s-plan-to-cut-us-oil-production-becomes-clearer