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Author Topic: California’s bill wants two big pension fund to divest from fossil fuel  (Read 4132 times)

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Offline Pretend_Vanilla

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I bet you don't watch Fox News!  ;D  Arguments like this is stupid. "CEO of oil giant Chevron (CVX 4.18%), says he doesn't believe there will ever be another new oil refinery built in the U.S". Why would you invest more money in research and development, new technology etc, when the government just shit on your industry? The US is the largest producer of oil. The US is also the largest consumer of oil. We consume more than we produce.


Its not an argument, its a observation. Posts Ive seen from Hung_low, he takes a lot of his context from Carlson Tucker.



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Offline walley

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Its not an argument, its a observation. Posts Ive seen from Hung_low, he takes a lot of his context from Carlson Tucker.


What's wrong with watching Fox? What's wrong with watching CNN? All of them are bias. He pointed a link to Forbes. Are you saying what he wrote down is wrong? You know what happened to the price of oil when Biden won his election in November 2020? It started going up because the market knew that his policies will affect the oil industry. Simple supply and demand.



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hmgPebble dumb as a rock

Offline Pretend_Vanilla

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https://www.forbes.com/sites/rrapier/2022/06/11/exxon-made-more-money-than-god---but-far-less-than-apple/?sh=493db8d336ed
If oil company are really gouging consumer than what is Apple doing? Again, oil company can't control the cost of oil. And if they don't watch what they're doing, they can end up losing money...

I don’t know why Exxon is compare to Apple in this article. Two different sectors, Apple is a product and tech stock. Exxon is a commodity stock. Commodity is the raw material that controls the outcome of future products.



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Offline Pretend_Vanilla

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What's wrong with watching Fox? What's wrong with watching CNN? All of them are bias. He pointed a link to Forbes. Are you saying what he wrote down is wrong? You know what happened to the price of oil when Biden won his election in November 2020? It started going up because the market knew that his policies will affect the oil industry. Simple supply and demand.


The point of my argument was Russia’s war did have an impact on oil, Oil companies slow down refinery which reduced the supply and brought up the cost of oil. Meaning Oil can boost refinery but seems like they greedy. Want to milk the economy first before Biden intervenes.



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Offline Pretend_Vanilla

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Wally, you really think Oil companies are trying to help bring the cost down or is it out of their hands. I see Biden at least trying to initiate something.



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Offline walley

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Wally, you really think Oil companies are trying to help bring the cost down or is it out of their hands. I see Biden at least trying to initiate something.


Why would they? They got f*cked by Biden. Maybe you should watch some Fox News sometimes.  ;D  Maybe he just need to continue to beg all these other countries that we have sanctions on for more oil.  ;D  With inflation and oil this high... democrats are done. Even CNN is saying democrats are done for midterm elections. https://www.yahoo.com/news/cnns-midterm-election-forecast-unbelievably-110637876.html


Tom Nash explains Exon's response to Biden.
https://youtu.be/ok5V0HzJHP4


Mark Moss talks about the oil price when Biden won the election all the way to the invasion.
https://youtu.be/QQh9wkjh63Y










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Offline walley

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And someone said that Biden would destroy the oil industry... non Fox News of course.
https://youtu.be/PIbrBk9b1Hg


Heck even Patrick Bet-David, an entrepreneur, just using common sense last July, predicted $10 gas prices.
https://youtu.be/9CEQUA0XOug


I take what the mainstream media says with a grain a salt... this includes Fox News.  ;D



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Offline hmgROCK

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Why would they? They got f*cked by Biden. Maybe you should watch some Fox News sometimes.  ;D  Maybe he just need to continue to beg all these other countries that we have sanctions on for more oil.  ;D  With inflation and oil this high... democrats are done. Even CNN is saying democrats are done for midterm elections. https://www.yahoo.com/news/cnns-midterm-election-forecast-unbelievably-110637876.html


Tom Nash explains Exon's response to Biden.
https://youtu.be/ok5V0HzJHP4


Mark Moss talks about the oil price when Biden won the election all the way to the invasion.
https://youtu.be/QQh9wkjh63Y

Lol

This dude watches too many CABLE NEWS
I already give you guys the ANSWERS TO THE TEST on reply#6
This dide just start blaming the LEFT
Its the funniest shyt i ever heard

OPEC baby

 ;D ;D ;D



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God did not created man...man created god

Offline hmgROCK

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And someone said that Biden would destroy the oil industry... non Fox News of course.
https://youtu.be/PIbrBk9b1Hg


Heck even Patrick Bet-David, an entrepreneur, just using common sense last July, predicted $10 gas prices.
https://youtu.be/9CEQUA0XOug


I take what the mainstream media says with a grain a salt... this includes Fox News.  ;D

Lol

Got a meeka buddy in texas
Making big 6 figure profit
Biden didn’t destory the OIL company
Biggest profit in years!!!
To the moon baby

UNCLE JOE HELP THE OIL COMPANY
THEY DESTROYED YOU…. The COMMON MAN



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Offline hmgROCK

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Come on seriously? Right when he took office he signed EO to stop Keystone XL pipeline, indefinite ban on new oil and gas drilling/flaking lease on public land. He didn't think about the consequences.. . this is bad when you relied on foreign countries for your oil and this is happening in Asia, Europe, etc. etc.  Companies exist to make money for their stock holder... not to fall even.

Now, Brandon is just passing the buck around and won't take responsibility for his actions... first it was covid then it was Putin and when people started to not listen to his BS, he pushed it on the oil companies.

https://www.forbes.com/sites/rrapier/2022/06/11/exxon-made-more-money-than-god---but-far-less-than-apple/?sh=493db8d336ed
If oil company are really gouging consumer than what is Apple doing? Again, oil company can't control the cost of oil. And if they don't watch what they're doing, they can end up losing money...

LMAO

okay okay this is funny ass shyt

Lets say USA start pumping oil and sell it for $50/barrel
Why would they want to sell it for $50/barrel
When they cAn sell it for $110/barrel as i type this

 ;D ;D ;D

We are a Gobal economy


ANSWER: OPEC



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Offline Pretend_Vanilla

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And someone said that Biden would destroy the oil industry... non Fox News of course.
https://youtu.be/PIbrBk9b1Hg


Heck even Patrick Bet-David, an entrepreneur, just using common sense last July, predicted $10 gas prices.
https://youtu.be/9CEQUA0XOug


I take what the mainstream media says with a grain a salt... this includes Fox News.  ;D




“Big Oil’s profits have been used to enrich investors and executives—at the expense of American consumers paying higher prices.  Exxon and Chevron both pledged up to $10 billion in stock buybacks in 2022.  BP has announced $4.15 billion in buybacks, and Shell has announced plans for $8.5 billion worth of buybacks in the first half of 2022 alone.”



https://oversight.house.gov/news/press-releases/chairs-maloney-and-khanna-call-on-big-oil-to-end-stock-buybacks-use-record


Not enough refinery is the bottleneck of gas prices, seem here oil corporations rather spend free cash flow on buy backs and increase dividends to make their executives and shareholders happy.



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Offline Pretend_Vanilla

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Biden did approve 3557 permits to drill oil and gas on Federal land. More permits than Trump has approved.

https://biologicaldiversity.org/w/news/press-releases/new-data-biden-slays-trumps-first-year-drilling-permitting-by-34-2022-01-21/




Current to date, Bidens says there are 9,000 approve yet unused permits.

https://www.verifythis.com/article/news/verify/national-verify/oil-permits-9000-unused-fact-check/536-2a657e09-856b-436c-a55d-df1cdf2acb3f


So what is Biden doing to help curb the oil demand. He will tap into our oil reserve and release 1 million barrels of oil.


« Last Edit: June 22, 2022, 01:06:41 AM by Pretend_Vanilla »

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Offline walley

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“Big Oil’s profits have been used to enrich investors and executives—at the expense of American consumers paying higher prices.  Exxon and Chevron both pledged up to $10 billion in stock buybacks in 2022.  BP has announced $4.15 billion in buybacks, and Shell has announced plans for $8.5 billion worth of buybacks in the first half of 2022 alone.”



https://oversight.house.gov/news/press-releases/chairs-maloney-and-khanna-call-on-big-oil-to-end-stock-buybacks-use-record


Not enough refinery is the bottleneck of gas prices, seem here oil corporations rather spend free cash flow on buy backs and increase dividends to make their executives and shareholders happy.


There is no point in arguing facts when all you do is lick Biden's balls when he tells you to lick his balls. The same goes for those that lick Trump's balls when he tells them to lick. There is no point in arguing with hmgpebble because my dog is smarter than him. The fact is that Biden ran his campaign on green energy. Now that his approval rating is shit, inflation is at the highest since 40 something years and the democrats are predicted to lose by a landslide during the midterm election.... he and many like you think approving permits will allow oil companies to start magically drilling overnight. It is funny that Biden approved more permits than Trump because that clearly shows that he f*cked up since he did run on green energy. I'm no oil and gas expert and you are not either, but when the two CEOs of some of the largest oil companies come out and pretty much said you f*cked us and there may never be another oil refinery to be built on the US again.... that says alot.



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Offline hmgROCK

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There is no point in arguing facts when all you do is lick Biden's balls when he tells you to lick his balls. The same goes for those that lick Trump's balls when he tells them to lick. There is no point in arguing with hmgpebble because my dog is smarter than him. The fact is that Biden ran his campaign on green energy. Now that his approval rating is shit, inflation is at the highest since 40 something years and the democrats are predicted to lose by a landslide during the midterm election.... he and many like you think approving permits will allow oil companies to start magically drilling overnight. It is funny that Biden approved more permits than Trump because that clearly shows that he f*cked up since he did run on green energy. I'm no oil and gas expert and you are not either, but when the two CEOs of some of the largest oil companies come out and pretty much said you f*cked us and there may never be another oil refinery to be built on the US again.... that says alot.

Walley is a dumb HMONG REPUBLICANS GUY
Spew them fox news shyt

HE THINKS OIL COMPANIES IS HURTING ;D ;D ;D
HAHAHAHAH
IS THAT WHY IM UP BIG TIME ON MY OIL ETF


High oil price is good for OIL COMPANY
YES GOOD $$$$$
walley is dumb as shyt


BIDEN BE PUMPING MY OIL ETF UP!!!!

DONT OPEN YOUR MOUTH IF UPU DONT KNOW WHAT YOU ARE TALKING ABOUT



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Offline Cali Guy

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There is no point in arguing facts when all you do is lick Biden's balls when he tells you to lick his balls. The same goes for those that lick Trump's balls when he tells them to lick. There is no point in arguing with hmgpebble because my dog is smarter than him. The fact is that Biden ran his campaign on green energy. Now that his approval rating is shit, inflation is at the highest since 40 something years and the democrats are predicted to lose by a landslide during the midterm election.... he and many like you think approving permits will allow oil companies to start magically drilling overnight. It is funny that Biden approved more permits than Trump because that clearly shows that he f*cked up since he did run on green energy. I'm no oil and gas expert and you are not either, but when the two CEOs of some of the largest oil companies come out and pretty much said you f*cked us and there may never be another oil refinery to be built on the US again.... that says alot.

Hahahaha



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