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Day 1: Pipe And Drill

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Posted By: RockyTCB, 11/25/2024 9:47:26 AM

Donald Trump has said that on the first day of his second term, he wants to “frack, frack, frack, and drill, drill, drill.” He needs to keep that promise – as well as reopen construction of the Keystone XL Pipeline, which the Biden administration blocked, just as the Obama White House did before Trump reversed the policy in 2017. “Put us to work right now,” a laid-off worker who had been building the pipeline when it was shut down said earlier this year. “And you will see not only the fuel prices go down, but you will see the price of

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Reply 1 - Posted by: mariboo72 11/25/2024 10:04:00 AM (No. 1842435)
But will the prices of everything really go down? I'd like to believe so, but I can't imagine companies lowering their prices. I'm 70 years old and I don't ever remember prices being lowered across the board.
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Reply 2 - Posted by: Catherine 11/25/2024 10:59:03 AM (No. 1842482)
I disagree with him about fracking. It does cause earthquakes. Went through a few til they stopped fracking down the road. But I'm going to support Trump til he proves he's not worth it and I don't see that happening.
1 person likes this.

Reply 3 - Posted by: halfnorsk 11/25/2024 11:18:33 AM (No. 1842497)
At the end of Day One, I want Trump to have writer's cramp from signing executive orders.
14 people like this.

Reply 4 - Posted by: Catherine 11/25/2024 11:57:46 AM (No. 1842525)
My super power is 'kinda sorta good at forgery.' I'll be glad to help sign those EO's for Trump./S Don't tell anyone about my special power. Makes people uneasy but it came in handy many times at signing things for people who weren't that and that needed signing right then. They knew about it.
5 people like this.

Reply 5 - Posted by: gorzabozo 11/25/2024 1:19:40 PM (No. 1842550)
Day 2: Refine, baby, refine. To experience extreme petro price declines get out of the oil refineries' way to increase refining capacities and fast-track permits etc..for new refineries.
9 people like this.

Reply 6 - Posted by: BooneBoy 11/25/2024 1:32:34 PM (No. 1842559)
You could eliminate the Keystone Pipeline if you built some refineries close to the Dakota and Canadian oil fields. These could serve the entire Midwest and Canada. And we could use more refineries especially on the West Coast.
3 people like this.

Reply 7 - Posted by: rikkitikki 11/25/2024 1:34:49 PM (No. 1842560)
The Fed Govt could pay for the entire XL Pipeline (est. cost: $5.2bn) if it reallocated just 10% of the $50+ bn it has dedicated to subsidies and tax credits for EVs and to building infrastructure to charge EVs in 2023 alone. And all of those subsidies, tax credits, and infrastructure costs were justified on the total fiction that AGW is real.
3 people like this.

Reply 8 - Posted by: 3XALADY 11/25/2024 2:35:19 PM (No. 1842607)
I remember reading, not long ago, that Mumbles signed 222 EO's. There's at least 222 for PDJT to sign to get rid of them.
5 people like this.

Reply 9 - Posted by: Starboard_side 11/25/2024 3:56:13 PM (No. 1842662)
I would hope he can use the depletion of the SPR, by the Biden admin., as rationale for declaring a National Emergency which enables Trump admin to open up the energy sector to produce and find even more oil and natural gas deposits.
4 people like this.

Reply 10 - Posted by: jeffkinnh 11/25/2024 4:33:45 PM (No. 1842680)
Prices WILL come down simply because Biden's environmental policies jacked up the costs to produce energy and choked off oil production. It's now built into the energy prices. Trump's policies will remove those extra costs and improve the efficiency of energy production and delivery. As to the cost of everything else, at a minimum, transport costs will come down significantly. In addition, many products require gas & oil energy to produce the products. Consider the cost of tractors and other equipment used to produce food. Consider the price of fueling those machines drops from $3/gal to $2/gal. That saving will come to consumers. Do you think some producers might hang on to the saving? Unlikely because their competition will pass it on and they would loose market share because they can't sell at the higher price. This is what Capitalism is all about and why dem policies always fail when they try to push us to a government guided economy (Socialism, Communism, ...). Wouldn't it be great to see deflation for a couple years as structural costs of production fall and efficiency rises?
2 people like this.

Reply 11 - Posted by: mifla 11/26/2024 7:13:22 AM (No. 1842934)
The oil companies, like the car companies, are staring at a dilemma. Should they make the investment to drill and make gas powered cars and hope the regime change never comes? If the Dems take back the WH in 2028, these companies will feel like a ping pong ball in a game of table tennis. If they get jerked to the opposite extreme every four years, they will soon go out of business.
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