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Why would anyone want to do that? Making sure cities have alternative transportation rather than areas be solely car dependent isn't the same thing as wanting concentration camps.
Tell me how raising taxes makes things more affordable..
Why would anyone want to do that? Making sure cities have alternative transportation rather than areas be solely car dependent isn't the same thing as wanting concentration camps.
Cities have alternative transportation. What city of a size that could support it doesn't?
That is because crude oil prices are based on a world wide market.
I work in an oil refinery, we buy crude oil in the market, the cost of crude oil world wide impacts the costs we pay. There is no escaping this.
This is going on with the shale/fracking boom occurring in this nation that has extracted more crude oil and still despite that crude oil boom the price of gasoline has not come down.
It destroys the lie of drill baby drill as a way to lower gasoline prices, but conservatives never seem to learn much.
You'd think conservatives who are paying attention and thinking would notice this crude oil boom from shale and yet prices have not dropped, maybe just maybe drill baby drill doesn't actually mean anything in terms of the price of gasoline? But no reality is irrelevant to conservatives, policy outcomes are irrelevant to conservatives.
It is all based on an incredibly simplistic narrative that ignores facts and reality.
Domestic drilling helps stabilize the price a little, but the main things it does is strengthen the dollar, provide good paying jobs to millions of people, and provide tax income to the U.S. As you pointed out, your refinery is going to buy crude from somewhere; it's much better for Americans it comes from America, where it's produced by American workers who spend their income right here at home rather that being on the dole to barely survive.
And i don't give a damn what anyone says...oil IS NOT priced according to supply and demand! I know people that are steeped in this oil stuff and even they can't explain the disconnect between barrel price and pump price.
OPEC does not want prices too high because that creates too much interest in alternative sources of energy, so they increase the supply which should, in theory, keep prices in check.
The price of oil is driven by much more than supply and demand. This was proven in 2008. Due to the global recession, global demand was down and global supply was at an all time high and yet gas prices rose by about 25%. Both McCain and Obama blamed it on the usual right and left talking points as politians do, when they don't know cause and effect and their respective target audiences tend to believe whatever MSNBC and Fox feed them. And no surprise, both camps missed the boat as they are prone to do.
What really happened was that Wall Street started pushing a new gaming table, commodities index investing, betting on something people can't do without.
Global speculators/ investors were exiting the housing, stock and credit markets and diverted funds to oil futures which created an asset bubble. The bubble spread to other commodities and drove up global food prices, too.
OPEC does not want prices too high because that creates too much interest in alternative sources of energy, so they increase the supply which should, in theory, keep prices in check.
But in reality doesn't when the markets get flooded with money.
Quote:
The price of oil is driven by much more than supply and demand. This was proven in 2008. Due to the global recession, global demand was down and global supply was at an all time high and yet gas prices rose by about 25%. Both McCain and Obama blamed it on the usual right and left talking points as politians do, when they don't know cause and effect and their respective target audiences tend to believe whatever MSNBC and Fox feed them. And no surprise, both camps missed the boat as they are prone to do.
What really happened was that Wall Street started pushing a new gaming table, commodities index investing, betting on something people can't do without.
Global speculators/ investors were exiting the housing, stock and credit markets and diverted funds to oil futures which created an asset bubble. The bubble spread to other commodities and drove up global food prices, too.
Yes, but it started before 2008.
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