How long before Oil Prices go thru the roof with Republicans in office again

[Blunted 4 lyfe]

So how does the president have anything to do with the price of oil?
Do you feel that Obama was an oil friendly president that keep production high and demand low in order for us Americans to drive, drive, drive the economy back into shape?

I fucking hate most republicans but what are they gonna do, pass a law that that says every gallon of gasoline has a 2 dollar homeland security tarrif?

With this president and the swampcreatures he's put together, I'd say the president has everything to do with the price of oil. Putin is salivating that Trump is the next president with a SOS that doesn't give a shit about US policy putin can rest assured that sanctions will go away and that once again he'll be able to sell oil for well over $100 a barrel. The sanctions were choking Russia...who knew that the US was going to help Russia become powerful once again, Trump has been selling out America for years but now he's just going to do it in your face and there's nothing this congress is willing to do to stop him.

 

[Bakersfield]

With this president and the swampcreatures he's put together, I'd say the president has everything to do with the price of oil. Putin is salivating that Trump is the next president with a SOS that doesn't give a shit about US policy putin can rest assured that sanctions will go away and that once again he'll be able to sell oil for well over $100 a barrel. The sanctions were choking Russia...who knew that the US was going to help Russia become powerful once again, Trump has been selling out America for years but now he's just going to do it in your face and there's nothing this congress is willing to do to stop him.

Jeeze and I thought it was the Saudis and their fellow OPEC members that had the largest influence on the price of oil.
You know those guys that decided to punish the US and Russia for producing to much and not buying enough by flooding the market with cheap oil to destroy our small domestic producers.
Obama had nothing to do with the price of oil and unless trump has the US seize the MidEast oil reserves and start WW3, I doubt he will have much say in the price of oil.
In reality we pay a fraction of the true value of oil when you take into consideration the subsidies, Wars and environmental impact associated with a barrel of oil.

 

[Fogdog]

I know profits are higher when the price is high.
I live in a red state whose economy is based on oil revenues. Low oil prices are killing us!
However, I would like to draw attention to the fact that many of these huge oil companies are multinational corporations whose headquarters are not even based in the USA.

So What if they are multinational companies? You don't think Trump cares about jobs lost to globalization do you? Yes he ran against them but look at his cabinet. A better collection of multinational globalization favoring CEOs you'll never find. The men who voted for him, Trump will gut. The women who voted for him, Trump will fuck. Trump does not honor debts. Small red states got shagged, dude.

 

[Bakersfield]

So What if they are multinational companies? You don't think Trump cares about jobs lost to globalization do you? Yes he ran against them but look at his cabinet. A better collection of multinational globalization favoring CEOs you'll never find. The men who voted for him, Trump will gut. The women who voted for him, Trump will fuck. Trump does not honor debts. Small red states got shagged, dude.

My point about the multinational oil companies was an attempt to stear the Ameri-centric thinking in this thread towards the larger picture that we do not control the world's oil supply!

 

[Fogdog]

Jeeze and I thought it was the Saudis and their fellow OPEC members that had the largest influence on the price of oil.
You know those guys that decided to punish the US and Russia for producing to much and not buying enough by flooding the market with cheap oil to destroy our small domestic producers.
Obama had nothing to do with the price of oil and unless trump has the US seize the MidEast oil reserves and start WW3, I doubt he will have much say in the price of oil.
In reality we pay a fraction of the true value of oil when you take into consideration the subsidies, Wars and environmental impact associated with a barrel of oil.

Actually, you are right in that low price of oil is good for the general economy by cutting fuel bills and average joe can spend the money on other necessities or maybe a beer or two. You SAY Obama had nothing to do with the price of oil but of course he had an influence. What a dumb thing to say. Oil prices jumped when Bush was in office and declined when Obama was in office. A president can fuck up and cause prices to rise. Obama didn't fuck up like Bush did and put oil supplies at risk with a fucking war. Obama encouraged fracking and oil from shale. The market was saturated with domestic fuel and prices went down. Oil companies and it's ownership made money hand over fist when oil was high not so much now. You don't think Saudis want high oil prices?

Interest rates are going up. Good for banks.
Oil prices going up. Good for oil companies
Unfunded tax cuts for the wealthy:

All good for the kleptocrats
Not good for little guys.

Your little red state got shagged

 

[Bakersfield]

Your little red state got shagged

It's actually the largest state, probably on a magnitude of scale larger than your state, if land area was your meaning. Just saying!
As far as getting shagged, it's our own damn fault for not diversifying are economy. Ours is an exploitive economy and yours is probably a settler colony.
It's hard to diversify when all your state has is natural resources.

 

[Unclebaldrick]

It's actually the largest state, probably on a magnitude of scale larger than your state, if land area was your meaning. Just saying!
As far as getting shagged, it's our own damn fault for not diversifying are economy. Ours is an exploitive economy and yours is probably a settler colony.
It's hard to diversify when all your state has is natural resources.

States ranked by size:
1. Alaska
2. Texas

whoops, nevermind. I figured you for California.

 

[Bakersfield]

States ranked by size:
1. Alaska
2. Texas

whoops, nevermind. I figured you for California.

What gave you that idea, lol.
I can't help that I'm from there, JK California is a beautiful and diverse state with too many people.

 

[Chunky Stool]

Remember when all the airlines jacked up airfares & blamed expensive oil?
Hmm... oil prices came down a LOT, but I don't recall airfares being reduced.
Waddaya bet those dip shits do it again when oil prices go up, thanks to president Chump???
I believe the official term is "ratchet effect".

Fuckers.

 

[Blunted 4 lyfe]

Jeeze and I thought it was the Saudis and their fellow OPEC members that had the largest influence on the price of oil.
You know those guys that decided to punish the US and Russia for producing to much and not buying enough by flooding the market with cheap oil to destroy our small domestic producers.
Obama had nothing to do with the price of oil and unless trump has the US seize the MidEast oil reserves and start WW3, I doubt he will have much say in the price of oil.
In reality we pay a fraction of the true value of oil when you take into consideration the subsidies, Wars and environmental impact associated with a barrel of oil.

Tightening of the spigot by OPEC was in response to the American oil production that the president's policies encouraged.

We are no longer beholden to foreign land for oil, thanks to policies put in place by the president .

 

[Grandpapy]

Remember when all the airlines jacked up airfares & blamed expensive oil?
Hmm... oil prices came down a LOT, but I don't recall airfares being reduced.
Waddaya bet those dip shits do it again when oil prices go up, thanks to president Chump???
I believe the official term is "ratchet effect".

Fuckers.

LOL check your ups bill for a Fuel Surcharge, same thing.

 

[Bakersfield]

Tightening of the spigot by OPEC was in response to the American oil production that the president's policies encouraged.

We are no longer beholden to foreign land for oil, thanks to policies put in place by the president .

OPEC agreed to lower oil production just recently after deliberately flooding the markets with oil for the past 3 years. This had nothing to do with Obama's domestic oil policy and everything to do with OPEC achieving their goal of bankrupting the small producers.

 

[Fogdog]

It's actually the largest state, probably on a magnitude of scale larger than your state, if land area was your meaning. Just saying!
As far as getting shagged, it's our own damn fault for not diversifying are economy. Ours is an exploitive economy and yours is probably a settler colony.
It's hard to diversify when all your state has is natural resources.

Texas. Yep, everything is bigger in big states. Even the shagging by the Kleptocrat in chieff.

You shouldn't talk economics, it reveals too much ignorance. Which is also BIG in Texas.

 

[Fogdog]

Tightening of the spigot by OPEC was in response to the American oil production that the president's policies encouraged.

We are no longer beholden to foreign land for oil, thanks to policies put in place by the president .

That would be President Barak Obama who worked with the GOP congress to increase US oil production, not the one from that BIG STATE who's nickname was Jr and left this country a mess.

 

[Bakersfield]

Texas. Yep, everything is bigger in big states. Even the shagging by the Kleptocrat in chieff.

You shouldn't talk economics, it reveals too much ignorance. Which is also BIG in Texas.

Are you giving me a lesson on ignorance, hahaha.
Why don't you pick up an Atlas son and check to see what the biggest state in these here 50 states happens to be. It might surprise you. Or you could try looking at my profile and check my location and then google that location, lol!

 

[Fogdog]

Are you giving me a lesson on ignorance, hahaha.
Why don't you pick up an Atlas son and check to see what the biggest state in these here 50 states happens to be. It might surprise you. Or you could try looking at my profile and check my location and then google that location, lol!

"exploitive economy" LOL, you got the term wrong. It's "resource based" economy. Dummy

You could be from Alaska or Texas. They both have lots of land and resources. What difference does it make? Wherever you go you will always bring your small mind with you.

And dude, you were shagged.

 

[Bakersfield]

"exploitive economy" LOL, you got the term wrong. It's "resource based" economy. Dummy

You could be from Alaska or Texas. They both have lots of land and resources. What difference does it make? Wherever you go you will always bring your small mind with you.

Your funny because I'm not even a republican!
You should calm yourself and quit assuming that I support Trump and reread my posts.
Your pigeon holing me into some Texas jackass does not make you come across looking any smarter.
I wrote about an exploitive economy for a reason. Think about it. If you can?

 

[Fogdog]

Your funny because I'm not even a republican!
You should calm yourself and quit assuming that I support Trump and reread my posts.
Your pigeon holing me into some Texas jackass does not make you come across looking any smarter.
I wrote about an exploitive economy for a reason. Think about it. If you can?

You make up your own term and expect people to sit in awe? Texas Jackass? I'm willing to remove the first word.

ahem, you're

exploitative

Dummy

 

[Bakersfield]

You make up your own term and expect people to sit in awe? Texas Jackass? I'm willing to remove the first word.

ahem, you're

exploitative

Dummy

Oh man you got me again.


There I go making up words again, lol!
Your strawman attacks on me won't work.
Put some of that awe in your pipe and smoke it.

 

[Fogdog]

Oh man you got me again.
View attachment 3855200

There I go making up words again, lol!
Your strawman attacks on me won't work.
Put some of that awe in your pipe and smoke it.

LOL, you sure did get me there, chump.

At least you've stopped posting your own made up economic theories.