March 9, 20223 yr 7 minutes ago, Bacarty2 said: again, Asking because I dont know... Why did the gas prices sky rocket after Biden signed his executive order on Day 1 I dont follow... The administration is selling a complete transition to green energy as a way to save American citizens money. Increasing oil production would save American citizens money way quicker.
March 9, 20223 yr 1 minute ago, mayanh8 said: They didn't. That's a fallacy shared by people who who are looking to assign blame. They began rising when Trump was in office because the economy started opening up. That continued under Biden when the economy really started to recover. Shameless.
March 9, 20223 yr The simple fact that people just don't want to acknowledge, because they feel the need to constantly point the finger, is that POTUS doesn't actually have all that much of an effect on short term gas prices outside of increased gasoline taxes and starting wars.
March 9, 20223 yr 2 minutes ago, Bacarty2 said: Can someone answer me this(because I truly dont know) What if Biden wakes up, and repeals the "climate change bills" and allows America to start drilling, pumping, flowing, etc etc here stateside. How quick do we see a change in pricing at best months. there are drilling sites available to the industry. more rigs are going operational every month: This notion that Biden has somehow stopped the flow of oil is just complete and utter nonsense. Now, could bringing rigs online be accelerated? Probably. But the tools that the US gov't has to compel the acceleration are limited, because the decisions are being made by oil companies. Some policies influence that, but there's no magic button that Biden can press to make more domestic (or even North American) oil flow. Keystone XL was years from completion, it has zero impact on current oil supply and pricing. Trying to pressure companies into suspending ESG may help, but again those decisions are ultimately made by large financial institutions - not by the White House. I would have to assume that oil companies are accelerating in light of recent events, but who knows. Imports of crude from Canada are back to their pre-pandemic levels. There is no magic bullet here. Our best approach in the near term is to try and improve relations with Venezuela and Saudi Arabia. If large financiers suspend ESG mandates, we probably would see more tight/shale exploration happening, but I'm not certain even without ESG in place that it wouldn't bump into capacity issues. But I am no expert, so perhaps it would have a larger impact. I'm skeptical given the risks involved, but it may be worth the financial risks for private capitalists in the current environment. Longer term, we need to be more open to nuclear power. The arguments for nuclear are manifold: 1. relative to energy production it's by far the safest and most environmentally friendly bang for the buck 2. we have plenty of open spaces that are suitable for nuclear power plants, but NIMBY would still be an obstacle. 3. from a national security standpoint it gains us independence from oil-rich nations - such as Russia and Saudi Arabia.
March 9, 20223 yr 3 minutes ago, The_Omega said: The administration is selling a complete transition to green energy as a way to save American citizens money. Increasing oil production would save American citizens money way quicker. You don't have a clue and you're actively not looking to find the one that's been repeatedly been shoved in your face for the last day. It's embarrassing to the rest of us who know better.
March 9, 20223 yr 1 minute ago, mayanh8 said: The simple fact that people just don't want to acknowledge, because they feel the need to constantly point the finger, is that POTUS doesn't actually have all that much of an effect on short term gas prices outside of increased gasoline taxes and starting wars. so you mean when the demand started going back up, prices increased ? weird how some miss that.
March 9, 20223 yr 1 minute ago, Alpha_TATEr said: so you mean when the demand started going back up, prices increased ? weird how some miss that. it's not like people are trying to make up for 2 years of being cooped up at home and not going on vacations. no, wait...it actually is exactly that.
March 9, 20223 yr 2 minutes ago, Alpha_TATEr said: so you mean when the demand started going back up, prices increased ? weird how some miss that. This is why I think we're doomed as a country. What used to be an elementary understanding of economics for people has now somehow turned into the most challenging subject matter of their lives. They just can't mentally wrap their heads around the most basic concepts anymore.
March 9, 20223 yr The other action that we can take is to try and reduce demand. In the short term this is difficult, but the administration encouraging businesses to allow remote work wherever possible would help at least at the margins. If you want price relief, any combination of reduced demand and increased supply is what you're looking for.
March 9, 20223 yr There's literally a group of Biden apologists rocking back and fourth in a straight jacket in the corner of every thread repeating "it's not Biden's fault" over and over again. Peak CVON.
March 9, 20223 yr Retarded ishlib politicians: Our stated goal is to eliminate all carbon emissions as soon as possible and prop up green energy. Also retarded ishlib politicians and their supporters: Gee, why aren't all the oil companies producing enough to keep the prices from absolutely crushing our citizens?
March 9, 20223 yr 25 minutes ago, mayanh8 said: This is why I think we're doomed as a country. What used to be an elementary understanding of economics for people has now somehow turned into the most challenging subject matter of their lives. They just can't mentally wrap their heads around the most basic concepts anymore. Bruh, these morons were bewildered with the decision on getting vaccinated during a pandemic that killed almost a million Americans, you really thought they could begin to grasp the effect on pricing of a global fungible commodity while a burgeoning war forced massive sanctions on one of the world's leading producers?
March 9, 20223 yr 20 minutes ago, JohnSnowsHair said: The other action that we can take is to try and reduce demand. In the short term this is difficult, but the administration encouraging businesses to allow remote work wherever possible would help at least at the margins. If you want price relief, any combination of reduced demand and increased supply is what you're looking for. Also we can’t forget companies don’t want to operate at lower prices if they can keep costs the same. It’s all about making money for everyone. Oil companies aren’t looking to save Americans and screw the ruskis.
March 9, 20223 yr 4 hours ago, AberdeenEagle said: Massive untapped gas reserves + around 10% of global wheat exports - apparently And a strategic buffer zone from NATO.
March 9, 20223 yr 48 minutes ago, mayanh8 said: You can't pray to the oil gods and magically make heavy crude appear in North America. Like... why do I keep seeing you make this same statement over and over and over again? Because I'm correct. It takes time to get it flowing and the sooner they start the better, which I've said many times. We have more than most countries and this should never happen again.
March 9, 20223 yr Good clip in the link that gives a synopsis of Ukraine's history. Quote Ukraine’s history and its centuries-long road to independence pbs.org/newshour/show/ukraines-history-and-its-centuries-long-road-to-independence?utm_source=facebook&utm_medium=pbsofficial&utm_campaign=newshour&utm_content=1646838585
March 9, 20223 yr 41 minutes ago, Alpha_TATEr said: we still should, but it cant be something that just happens. it needs time. No we shouldn’t. Fossil fuels are extremely efficient sources of energy.
March 9, 20223 yr 58 minutes ago, VanHammersly said: So is Saudi Arabia, but we've never had a problem using their resources. As long as Venezuela isn't actively invading a neighboring democracy, then they should absolutely be used, at the very least in the short term. We need to stop relying on that evil regime as well we agree. I've also said it's not ideal but short-term I get it. My issue is long term plans aren't on the table domestically according to Biden's press secretary.
March 9, 20223 yr 3 minutes ago, TEW said: And a strategic buffer zone from NATO. Yes, because nothing is as scary as having a NATO country next to you. The number of places NATO has taken over and invaded staggers the mind. It isn't as if NATO exists because of Russian aggression.
March 9, 20223 yr 4 minutes ago, Bacarty2 said: We used more gas pre covid then we do now and yet the prices are more expensive now. someone want to tell this guy there is a war in Europe and investors are freaking out?
March 9, 20223 yr 2 minutes ago, TEW said: No we shouldn’t. Fossil fuels are extremely efficient sources of energy. i know you're scared of progress, but yes we should. it would be extremely stupid otherwise.
March 9, 20223 yr Just now, Toastrel said: Yes, because nothing is as scary as having a NATO country next to you. The number of places NATO has taken over and invaded staggers the mind. From Russia’s perspective they’re a national security threat. That’s them saying it, so take it up with the Russians.
March 9, 20223 yr 2 minutes ago, Toastrel said: Yes, because nothing is as scary as having a NATO country next to you. to russia there is.
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