Author Topic: Green Energy-Advocate Sec. Granholm Pleads with Fossil Fuel Executives to Up Production  (Read 394 times)

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Green Energy-Advocate Sec. Granholm Pleads with Fossil Fuel Executives to Up Production

Penny Starr 10 Mar 2022

U.S. Energy Secretary Jennifer Granholm on Wednesday asked fossil fuel executives at a conference to increase production levels “to stabilize the market and to minimize harm to American families.”

Granholm asked them to start “producing right now” during remarks at the CERAWeek by S&P Global conference taking place this week in Houston, which attracts energy leaders from around the globe.

Gas prices have been rising steadily over the past few months in the wake of President Joe Biden’s policies of restricting domestic oil and gas production and were further exacerbated by Russia’s invasion of Ukraine.

“We have to responsibly increase short term supply where we can right now to stabilize the market and to minimize harm to American families,” Granholm said. “And that means releases from the strategic reserves across the world like we’ve done.”

“That means you producing more right now, where and if you can,” Granholm told the conference audience during the luncheon and keynote address.

“In this moment of crisis, we need more supply,” Granholm said, referencing the war in Ukraine.

Her remarks are in stark contrast to what she said just a few months ago at the 2021 United Nation’s climate change conference in Glasgow, Scotland.

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https://www.breitbart.com/politics/2022/03/10/green-energy-advocate-sec-granholm-pleads-with-fossil-fuel-executives-to-up-production/
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Offline Hoodat

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U.S. Energy Secretary Jennifer Granholm on Wednesday asked fossil fuel executives at a conference to increase production levels “to stabilize the market and to minimize harm to American families.”

If she wants to minimize harm to American families, then she should resign.
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She is as stupid as all the rest of Captain Dementias picks. Does she really believe that despite being demonized by Her, Biden, Harris and almost every elected democrat and Hollywood socialists, the Oil companies wouldn't be pumping like mad with record high oil prices? Just like Biden, she wants to lay the problem at the oils companies feet after hamstringing them. Oh and let's not forget they have already signaled that they are going after the oil companies if they feel there was any price gouging which to idiots like them means if the oil companies make any profits over what they did when oil was in the $50 dollar range.

Offline IsailedawayfromFR

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Next on agenda:

Windfall Profits tax on greedy oil companies that are making money and not drilling.

Last time doing this was the rationing of gasoline in the 70s.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline Hoodat

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Next on agenda:

Windfall Profits tax on greedy oil companies that are making money and not drilling.

Never mind that 40% of those profits already go to the Federal Government.  Big Government has a monopoly on greed.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

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President Biden and democrat representative fellow democrats go begging to foreign hstile governments,hat inhand, playing innocent Lewinskys to get a few drops of oil.  Knowing full well its all a cover, kobuki theater to cover up, they have no intentions of assisting America in bidens invented/created oil energy shortage.
Bidenand democrats see just as Adolf Hitler did...
Adolf Hitler:  How wonderful for governments that people do not think!!!  (It makes it so easy to manipulate clueless village idjits-fools.
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Offline Smokin Joe

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She is as stupid as all the rest of Captain Dementias picks. Does she really believe that despite being demonized by Her, Biden, Harris and almost every elected democrat and Hollywood socialists, the Oil companies wouldn't be pumping like mad with record high oil prices? Just like Biden, she wants to lay the problem at the oils companies feet after hamstringing them. Oh and let's not forget they have already signaled that they are going after the oil companies if they feel there was any price gouging which to idiots like them means if the oil companies make any profits over what they did when oil was in the $50 dollar range.
Oil companies don't set the price of crude, the futures are sold on bid, like any commodity.

The buyers set the price.
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Offline Kamaji

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Oil companies don't set the price of crude, the futures are sold on bid, like any commodity.

The buyers set the price.


The market sets the price - that is, the buyers and the sellers make their offers, and based on the imperatives of relative want/need, they counter-offer until they reach a common point, and that's the price.

The benighted view that the sellers are masters of the economy and can set any price they demand, is simply nonsense on stilts, and is prelude to price controls, as it was in the 1960s and 1970s.

Offline Killer Clouds

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This is what you get when the people that have never done anything get in an office to make policies.

Offline DefiantMassRINO

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Will there be a windfall profits tax on windmills on windy days and on solar panels on sunny days?
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Oil companies don't set the price of crude, the futures are sold on bid, like any commodity.

The buyers set the price.

Which was confirmed right at 2 years ago now with the front month crude contract closing at a negative price, something these clowns seem to forget. Sellers were paying for buyers to take it because of a crash in demand.

Maybe if the admin would quit cutting off the supply, prices would go down. Genius!

The Republic is lost.

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This is what you get when the people that have never done anything get in an office to make policies.

Yup
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Offline Hoodat

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Oil companies don't set the price of crude, the futures are sold on bid, like any commodity.

The buyers set the price.

I remind people of that when they complain about the high price of gas.

Person:  "I couldn't believe it.  Gas was over $5/gal at the station today."

Me:  "You didn't pay it, did you?"

Person:  "Well yeah, I had to."

Me:  "Then it's your fault.  You were willing to pay over $5/gal."
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-