Guest essay by Eric Worrall
During Thursday’s Presidential debate, President Biden made a clear statement that he intends to transition away from the oil industry. My question – what part does Burisma play in this plan?
…
PRESIDENT DONALD TRUMP: Would you close down the oil industry?
FORMER VICE PRESIDENT JOE BIDEN: I would transition from the oil industry, yes.
TRUMP: Oh, that’s a big statement.
BIDEN: It is a big statement.
KRISTEN WELKER: Why would you do that?
BIDEN: Because the oil industry pollutes. It has to be replaced by renewable energy over time. And I’d stop giving federal subsidies to the oil industry. He won’t give federal subsidies to solar and wind. Why are we giving it to the oil industry?
TRUMP: We actually do give it to solar and wind. And that’s maybe the biggest statement, in terms of business, because basically what he’s saying is he’s going to destroy the oil industry. Will you remember that, Texas? Will you remember that, Pennsylvania? Oklahoma? Ohio?
…
Source (Includes video): https://www.breitbart.com/politics/2020/10/22/joe-biden-i-would-transition-from-the-oil-industry-because-it-pollutes/
Obviously a scheme to shut down the US fossil fuel industry incurs a risk that the fossil fuel industry might be “transitioned” too quickly, that an energy gap might develop as the US fossil fuel industry is decommissioned.
Just speculating here, but perhaps that is why Biden’s son built a relationship with Burisma. Thank’s to Hunter Biden’s foreign oil and gas industry contacts, if a large transitional energy gap develops as US fossil fuel assets are decommissioned, say if the decommissioning process proceeds too quickly, companies like the Ukrainian gas giant Burisma will be able to step in, and help fill the gap between US supply and demand for energy by selling their product to the USA.
Tony Heller has a great clip on Biden and fracking: https://www.youtube.com/watch?v=zx7HMYf41SY
OH, but he NEVER said that – EVER!!!! Really, NEVER EVER!!!!
Ukraine has minimal developed natural gas supplies. They have tried for decades to gain foreign investment for that purpose but not sure the prospects are very “exciting”, although outlooks can and do change
They get nat gas from Russia which uses it as a political tool.
“Britain would be better off with Joe Biden”, the headline of an opinion piece by Conservative Member of Parliament Sajid Javid said on Friday. The Tory was an influential cabinet minister through the David Cameron and Theresa May years — before resigning his post shortly after Boris Johnson took control.
https://www.breitbart.com/europe/2020/10/23/top-tory-slams-trump-says-britain-is-better-off-with-biden/
Don’t worry, Doris Johnson is of a like mind.
Doris fooled a lot of people.
Well if the British want Biden, would someone please let them know they can have him?
Thanks.
Indeed, we’ll even pay for shipping! 😀
I’ll buy Biden’s airplane ticket to Britain if he’ll go.
On second thought, it would be an unfriendly act to foist Biden off on the British.
I’ll save my money. Biden is headed to the dustbin of history in a little over a week anyway.
He knows he can’t do this. Government and large corporations have been in cahoots for many decades. Big government and big corporations have always worked together while pretending to be disconnected. NO president has the power or ability to break them up. Even the Supreme Court decided in favor of joint stock companies: in 1886 when the Supreme Court allowed companies like Southern Pacific Railroad to use the 14th Amendment, which was supposed to protect the constitutional rights of newly freed slaves, as a loophole to declare corporations as “legal persons” with all the protections of an individual citizen. Not only that, but with limited liability, corporations actually became super-citizens with protections far beyond normal individuals. Corporations became the preeminent force in the world and it was their relationship with governments that made this possible”
So much nonsense.
Just to pick the low hanging fruit, limited liability doesn’t do anything to protect corporations, it protects investors. It just means that you can’t go after the assets of the stockholders if the corporation is sued.
Just think about it? Who in their right mind would own stock if they could lose every penny they if a company they have no control over does something bad.
What’s wrong with corporation being regarded as legal persons? It’s just a convenient fiction that allows corporations to sign contracts and to pay income taxes.
And he had to talk over Miss Moderator to get that out.
That along with:
Defund the Police; Protests* Will Not Stop and Should Not Stop; Everyone Encouraged to Wear a Mask All The Time; Global Warming is an Existential Threat to Humanity; Banning Fracking; Complete Zero Emissions by 2025.
Isn’t going to make very many people want to vote for the Democrats.
*And we all know they’re riots not protests, and we know who’s behind them.
“PRESIDENT DONALD TRUMP: Would you close down the oil industry?
FORMER VICE PRESIDENT JOE BIDEN: I would transition from the oil industry, yes.”
The link below takes you to a list of the things in our daily lives made from crude oil. (You may have to shut off your ad blocker first).
https://whgbetc.com/petro-products.pdf
“..Americans consume petroleum products at a rate of three-and-a-half gallons of oil and more than 250 cubic feet of natural gas per day each!”
Biden displays his profound ignorance with his statement above. The only way crude oil and fossil fuels are going to go away is with the advances in materials development and energy technologies that enable us to leave them behind. All anyone has to do is look at the history of technological advances (such as automobiles that left the horse and buggy behind and aviation that made travel by ship or train largely unnecessary) to draw that conclusion.
Being a visionary is one thing. Being an ignorant and dangerous ideologue is something else entirely.
Say it ain’t so, Beijing Joe!
Good one!
Away from fossil fuel, away from nuclear, away from paved road, away from …
But surely Biden, you forgot to mention that Big Brother needs the Internet, the cloud storage, the private hospitals, the tax office, the federal buildings, etc. all to be exempt from the brown/black-outs?
Biden, you forgot to mention that your son made sure authorities can import diesel and liquid gas for the backup generators to institutions critical to your government.
Reminds me:
During Second World War in Denmark, the Germans rationalized the city gas, allowing only X volume per person in each household. My parents had many “unregistered” people (Jews and other people in the way for the new world order) in their household, so what to do? – They bought bottled gas instead.
I see a slight parallel to the import from Ukraine/Russia.
Dear Biden,
I understand your philosophy is that fossil fuel is something you need so badly. You therefore need to secretly guarantee expensive fossil fuel import for yourself and your voters, who are so bravely equally hypocrite.
I have news for you. You may cripple the US industry and the small people’s welfare, but then you risk being hated more than You and Harris hate President Trump.
Unfortunately,speaking as a concerned Brit,President Trump’s re-election is obviously uncertain- unless Biden’s corruption is widely exposed before the end of this month.So the question- where is the FBI in all this,given that they have sat on the ” laptop from hell ” since last December? It would appear that Chris Wray is either corrupt and in the Biden\ Media ‘s pocket( very likely given the FBI ‘s recent record) – or -possibly even more dishonestly – he’s hedging his bets on the result of the election.Winner takes all.Either way,the President must force him to act rapidly,at the very least a really positive statement about the laptop, or sack him on the spot .And appoint someone who will act – quickly.
After Trump is re-elected, he should fire FBI Director Wray and the CIA Director, too. Both of them appear to be swamp critters who have been stonewalling and slowwalking investigations into what really happened during the Obama administration’s attempts to keep Trump from winning election, and then to cripple his administration after he was elected.
If Trump gets re-elected, we will get to the bottom of all this. There will be a lot of Democrats shaking in their boots if Trump wins.
But with a few billion dollars of oil shares to Hunter Biden to hold for the ‘big guy’, I’m sure he can be persuaded to change his mind.
Vote for Joe Biden. The best president money can buy!
Hunter Biden took a laptop in to be repaired and didn’t pick it up in a timely manner. The Republicans got hold of it and found a bunch of incriminating emails. The Bidens’ business partner, Bobulinski, says the emails are genuine.
What we have is a scheme for Joe Biden to get money for access. It appears that the people wanting access aren’t just Ukrainians but also Chinese. This should be the biggest news story but has been buried. Check out Scott Adams episode 1163. part 1, part2
I worked with Biden back in the 80’s. I can say with authority he really isn’t a smart man. There is a reason Obama tried to distance himself from Smok’n Joe most the 8 years he was President and only after banging his head against the wall, actually came out and “endorsed” him after he was nominated.
That said, he never was a man for committing to anything if it became politically expedient to change his mind. Additionally, he probably won’t last 6 months if he gets elected. Harris is who counts on that ticket.
The premature rush to “transition” could drag us backwards to reliance on foreign oil.
Then we’d start hearing those old chants again about “No Wars For Oil”.
Never mind technology advancements with internal combustion engines may outpace the rate of transition.
Suppose fossil fuel engine emit no fossil fuels?
What then?
The U.S. economy is what counts as the top issue almost all the time and it can take down Dems if they drive it to the edge. No amount of policy distortion and media buys can deflect working class pain as the bottom line. Throwing many more trillions on the debt pile can work as a drug for awhile but then they will pay dearly. In a vast policy experiment or maybe even two together in a combo catastrophe sometimes called over reach you can do great damage. That’s where the media bias and advocacy armies are laid open.
1) The Biden tax plan is mostly a campaign gimmick with a paid, promotional impact study by Moody’s. The numbers are inflated and you’re not going to get that much from a narrow taxpayer group compared to all the giveaway spending promises which are also just campaign flak at best.
2) The Biden energy plan is also campaign flak promising “good union jobs”, panels on every roof, and batteries in every basement. Failing on this one is going to hand China a major victory in trade, tech, and global power.
3) You don’t save a troubled social security system by promising more benefits. Any actuary can tell you that if you bothered to ask one.
BTW, the phrase “transition from fossil fuels” is a deflection phrase that a lot of speakers use including energy investment managers. Next question.
The real issue is how aggressive a President is at flinging taxpayer funds from the podium like Obama did in all green directions and how many dirty rotten politico deals are showered in the process. There are Rainmakers and there are Gigaton Rainmakers. Oh and you get various seaside estates as payoff…… among the rising seas.
Sure we can let PR and DC have senators in Congress but you must sunset RI and DE as states of the Union in the process. Scumbags
From these lemons we must make lemonade. I’ll be setting a price to let you ride in my V-8 SUV and V-6 minivan. Not buying over-priced EVs, rooftop PV systems, and overpriced battery storage systems from promotional players means I also keep my retirement and I’ll also get to polling sites if they still allow voting in the future–Maduro and Xi may say no. If not, I’ll see you at the green internment camps with the LED bulbs and human compost heaps.
Another deluded politician that thinks the “transition to renewable energy” is a real thing.
As they are mostly clueless, never held a real job and have no STEM education they must be feed this BS by thei tusted advisors and public servants (or serpents) Another example of the big lie.
https://www.visualcapitalist.com/the-worlds-projected-energy-mix-2018-2040/
From the article: “Obviously a scheme to shut down the US fossil fuel industry incurs a risk that the fossil fuel industry might be “transitioned” too quickly, that an energy gap might develop as the US fossil fuel industry is decommissioned.”
Well, President Trump said last night at the debate that the notion that the U.S. economy can be powered by windmills and solar is a “Pipedream”.
In another statement, President Trump also demonstrated that he understood that building a windmill requires a lot of fossil fuel, and causes a lot of extra CO2 creation, and implied that Mister BIG (Joe Biden) will have a tough time building enough of them to power the world without using fossil fuels.
What will they use for the Molotov cocktails that sustain the revolution?
The only use for Burisma would be for personal funding. I’d suspect there are more lucrative opportunities available to the family of anyone who becomes president. They have no gas to sell other than via pipelines to Europe.
A “hot” stock tip: If Kamela and Joe win the White House on November 4, put all your money into Burisma Holdings. I hear that once those two shut down the petroleum industry in the US, they’ve got a connection inside that corporation to supply the fuel stocks for all the plastic they’ll need to build all those bird grinders that’s going to bring the other 49 states into parity with the cheap, plentiful power we enjoy here in Kalifornia.
If Joe’s boy Hunter can make millions with no experience in fossil fuels, you can too!
I think it’s private.
After the debate, he “clarified” what he actually “meant”. Nice try. That was his big Oops moment for the debate, and Trump will get all the mileage he can from it.
If it becomes more expensive to provide petroleum based products, it will be the consumer that will end up paying for it. We are talking primarily working class Americans. If we do not produce it ourselves than we will have to import it. I do not believe that renewables can satisfy the demand for energy. The only viable alternative is nuclear.
Trump has done more in 47 months than Biden did in 47 years
Make that 77 years.
Joe has made the same mistake Clinton did in 2016 w/resp to fossil fuels. There was little enthusiasm for Trump in Wyoming during the 2016 primary season. Rubio won Wyoming in the primary. We have a lot of hispanic people in Wyoming. We have even more who depend on fossil fuels — Wyoming has about 0.2% of U.S. population but produc 13% or energy. When Clinton stated offhand that she planned to put most of Wyoming in the poor house by hampring fossil fuels to death, folks here suddenly found religion and the state went Trump by +48%.
I think he has put Pennsylvania in doubt with last night’s performance.