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Ok, President Biden is a tool of the oil industry. That is what your implying?? Do you believe it??
Is that why he cancelled the Keystone Pipeline, because the oil industry wanted him to do it. It that why called for a ban on new oil drilling on Federal lands.
I know it is a physics term, but NOT a economic term, but are you aware of the concept of inertia. Works in economics as well as physics.
Cut me a break. Biden and the Democrats want to END the fossil fuel industry.
Fine...they won the election. Now they want to have the American people believe it is NOT THEIR FAULT for inflation??
REALLY....do you think ANYBODY believes you or them??
Ok, President Biden is a tool of the oil industry. That is what your implying?? Do you believe it??
Is that why he cancelled the Keystone Pipeline, because the oil industry wanted him to do it. It that why called for a ban on new oil drilling on Federal lands.
I know it is a physics term, but NOT a economic term, but are you aware of the concept of inertia. Works in economics as well as physics.
Cut me a break. Biden and the Democrats want to END the fossil fuel industry.
Fine...they won the election. Now they want to have the American people believe it is NOT THEIR FAULT for inflation??
REALLY....do you think ANYBODY believes you or them??
Peak production Trump: 12,966
Trump leaves office: 11,056
Last data entry under Biden: 11,141
Are you paying attention?
They’re called “facts” and you can find them with a quick google search. It’s really easy… can type pretty much anything in and get a wealth of information. Want to know something else awesome about it?! It’s totally free to use!
Searching the internet will be mind blowing for you dude. I can tell it’s a new concept cause you’re still bringing up keystone which was a Canadian project to benefit Canadian companies and if anything would hurt US extractors (there’s only so much refinery capacity which is often the bottleneck).
If you knew how to search before you’d also know that drilling on public land is like <5% of US extraction and doesn’t mean anything for the price of oil.
Ok, President Biden is a tool of the oil industry. That is what your implying?? Do you believe it??
Is that why he cancelled the Keystone Pipeline, because the oil industry wanted him to do it. It that why called for a ban on new oil drilling on Federal lands.
I know it is a physics term, but NOT a economic term, but are you aware of the concept of inertia. Works in economics as well as physics.
Cut me a break. Biden and the Democrats want to END the fossil fuel industry.
Fine...they won the election. Now they want to have the American people believe it is NOT THEIR FAULT for inflation??
REALLY....do you think ANYBODY believes you or them??
Yes, LordSquidworth has done an outstanding job of explaining the current state of the oil industry. You should thank him for the lesson.
1. Reduce spending (lots of areas where this could be done)
2. Raise interest rates
3. Stop the open border
4. Support oil and gas production
5. Stop giving money to foreign nations
Four states are now paying people to not get vaccinated.
Florida, Iowa, Kansas and Tennessee are letting anti-vax Covid spreaders collect unemployment benefits when they get fired. Reduce spending? Let`s reduce ignorance.
Of course it was for export, that is what XL means, but it would have had a direct impact on oil prices (and therefore gas prices) and created a large number of high paying U.S. jobs.
Have you not seen the firings/resignations from hospitals, fire departments, police departments, school systems, government contractors, etc?
Not true obviously as I showed the facts of what happens when the GOP controls the House.
The pipeline would create 2,000 or so temporary jobs and a couple dozen permanent jobs. Actually the Canadian company that wants to send the sludge to us estimates 35 permanent jobs and 15 temporary contractors.
Their spending, views and priorities doesn't help. What might save them is a WW 3 (very unlikely). They want to make it worse with national healthcare, free college and open borders and cheap labor and just print money.
No they don't. They're too chicken and in line with their corporate donors/big pharma to give the people what they want. Besides, how will natl healthcare(something 45 pushed for early in his campaign) and free community college make things worse when numerous countries have those 2 things?
Neither party is able or willing to "fight inflation."
The left wants their nanny welfare state, the right wants their stock market bubble. Both require perpetual inflation.
Neither party is going to do anything to combat inflation because inflation is the only thing this economy has going for it. The modern financial system can only function in an inflationary environment. If the government and central banks genuinely tried to fight inflation (ie, cause deflation), it would almost immediately create a financial crisis many times more severe and more painful than the '08 crash, and absolutely no one has the stomach for that.
Everyone; the governments, the central banks, the general public, will continue taking the path of least resistance, until the USD is confetti....
This. Greed drives both parties. Free college, welfare, pumped up stock market all come from the same pool of QE unlimited money and this is the new normal... 10% inflation while adding 10% of our GDP to the national debt every year.
Inflation let's you spend beyond your means and pay for it with devalued money later.
Anger is something both sides have plenty of but there seems to be a dearth of suggestions. Screeching about Brandon isn`t proving to be very helpful. Suggestions and ideas are welcome. Whaddya got?
Don't elect people like Trump who inflated the money supply, who didn't care about spending and debt.
This. Greed drives both parties. Free college, welfare, pumped up stock market all come from the same pool of QE unlimited money and this is the new normal... 10% inflation while adding 10% of our GDP to the national debt every year.
Inflation let's you spend beyond your means and pay for it with devalued money later.
Yes, LordSquidworth has done an outstanding job of explaining the current state of the oil industry. You should thank him for the lesson.
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