New oil terminal approved by Biden administration
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Started by cutworm - Nov. 25, 2022, 9:30 a.m.

The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to the president’s climate agenda.

“The construction and operation of the Port is in the national interest because the Project will benefit employment, economic growth, and U.S. energy infrastructure resilience and security,” the administration wrote. “The Port will provide a reliable source of crude oil to U.S. allies in the event of market disruption and have a minimal impact on the availability and cost of crude oil in the U.S. domestic market.”

From the Epoch Times

Biden Admin Quietly Greenlights Plan to Build Huge Gulf Oil Terminal (theepochtimes.com)

Comments
By metmike - Nov. 25, 2022, 11:28 a.m.
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Thanks much cutworm!

Fake green energy activists are outraged because they've been bamboozled into believing the energy and science DISinformation telling them that fake green, intermittent and diffuse energy sources from environmental hell can somehow replace fossil fuels by defying the laws of nature and physics based on promises that they will do that.............if we just throw enough money at it.

Turns out that 433+ trillion would be needed, 20 times the GDP to completely electrify to solar, wind and batteries. Well before that happened, it would collapse our economy and leave the energy market in shambles.

Charles Payne on the economy and in particular, inflation: Biden's intentional war on fossil fuels energy disaster started by Obama. Why anti environmental and bird/bat killing wind and solar can NEVER come close to replacing fossil fuels. The cost = 433 Trillion!.  Government forcing anti environmental wind/solar on the market. Stifling new investments in crude and natural gas.  2022
https://www.marketforum.com/forum/topic/85535/

The climate activists have been tricked into believing the fake numbers and promises based on science fiction.

In the next decade, there will be many thousands of stories that disappoint the climate activists. 

Life without petroleum based products: 6,000 products made with petroleum.  Killing Coal. Fossil fuels and fertilizer. Biden praises high gasoline prices.
https://www.marketforum.com/forum/topic/84689/     2022


The promises will be unable to deliver and the more money/effort devoted to trying, the greater the damage will be to the energy markets and economy.


https://www.marketforum.com/forum/topic/90592/#90999

This is mostly about:

  1. Crony capitalism.
  2.  Political agenda that includes wealth  REdistribution and carbon penalties that generate income/power for governments .
  3.  Misled/brainwashed (but very sincere) science illiteracy  and environmental groups.
  4. Extremely biased scientists that should know better but have rejected the scientific method in this particular realm because they let politics or money/funding or mainstream, group think rule their mindset and sabotage their independent, critical  thinking because it’s better for their career than opposing those things.

+++++++++++++++++++++++++

NEW: Kerry wants to push back hard on energy infrastructure. Biden uses Defense Production Act for his solar agenda. Jaw dropping ignorance and hypocrisy on energy by leaders of the climate fraud.        2022    

https://www.marketforum.com/forum/topic/85415/


NEW: Biden causes natural gas prices to soar higher: Europe's self inflicted energy crisis. Killing US coal. E15 gas this Summer...increasing pollution and food inflation for political marketing. Fossil fuels are the life blood of civilization.  2022

https://www.marketforum.com/forum/topic/84844/