Democrat virtue signaling = bad energy policy and inflation

Roger A. Shrubber

Roger A. Shrubber

Well-Known Member
cawolves said:
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are you ever going to pull your head out of your ass?
i think it's too late, it seems your head is full of shit already....
1. keystone wouldn't be online until spring of next year, if it was being finished...and it wouldn't produce any more gas, it's a pipeline, not an oil field.
2. there are 9000 unfilled drilling permits sitting unused in federal offices, because oil producers won't drill for more oil, it would cost them money..they want it to be high...so why add to the supply?
3. gas started to rise during the last year of the trump administration...did the oil industry start raising prices in anticipation of the Biden administration?...
4. a. there have been supply line issues for at least a year now, that are slowly being resolved, but that raises shipping costs,
b. there is a war in europe, and one of the worlds leading petroleum exporters is involved in it...so we are sanctioning them, and that leads to higher prices...
but you would rather say fuck all the Ukrainians, let them die, if i get cheap gas...asshole...
of course, all of this has been covered, multiple times, which leads me to believe you're either too stupid to understand, or you're a complete and total neckbeard troll who masturbates furiously whenever anyone disagrees with you, because you get to post a meme that pwns the libs... :roll:
 
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GrowLightGuy

Active Member
GOT420 said:
It’s explaining why it’s not just war that is causing inflation. We were going in this direction before it even happened. Gas prices have been rising for the last year since dems had power of all 3 branches of gov. They pushed a bunch of garbage policies and we are Now seeing the fruits of those policies.
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Holy hell man. Who has control of government has little to do with it. It's supply and demand. Basic High School econ 101. Capex budgets are basically flat for 2022, those budgets were probably planned in 21, or even 20. That means oil producers are not interested in jacking up the supply to drive down the price for you. It's not in their best interest, meaning they give zero fucks about how it affects the consumer. Blaming oil/gas prices on a government, or political party is what people who don't know the oil market do.

Here's how it typically goes. Oil gets expensive. Producers realize they could be making X billions more if they supplied more oil at current prices. Supply efforts ramp up. Supply efforts overthrow demand for oil. Excess oil drives prices back down. The entire oil industry is a never-ending boom and bust cycle. Always will be.
 
Unclebaldrick

Unclebaldrick

Well-Known Member
GrowLightGuy said:
Holy hell man. Who has control of government has little to do with it. It's supply and demand. Basic High School econ 101. Capex budgets are basically flat for 2022, those budgets were probably planned in 21, or even 20. That means oil producers are not interested in jacking up the supply to drive down the price for you. It's not in their best interest, meaning they give zero fucks about how it affects the consumer. Blaming oil/gas prices on a government, or political party is what people who don't know the oil market do.

Here's how it typically goes. Oil gets expensive. Producers realize they could be making X billions more if they supplied more oil at current prices. Supply efforts ramp up. Supply efforts overthrow demand for oil. Excess oil drives prices back down. The entire oil industry is a never-ending boom and bust cycle. Always will be.
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But... but... he had a meme!

:hump:
 
Fogdog

Fogdog

Well-Known Member
GrowLightGuy said:
Holy hell man. Who has control of government has little to do with it. It's supply and demand. Basic High School econ 101. Capex budgets are basically flat for 2022, those budgets were probably planned in 21, or even 20. That means oil producers are not interested in jacking up the supply to drive down the price for you. It's not in their best interest, meaning they give zero fucks about how it affects the consumer. Blaming oil/gas prices on a government, or political party is what people who don't know the oil market do.

Here's how it typically goes. Oil gets expensive. Producers realize they could be making X billions more if they supplied more oil at current prices. Supply efforts ramp up. Supply efforts overthrow demand for oil. Excess oil drives prices back down. The entire oil industry is a never-ending boom and bust cycle. Always will be.
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virtue signaling education?
 
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GOT420

Well-Known Member
GrowLightGuy said:
Holy hell man. Who has control of government has little to do with it. It's supply and demand. Basic High School econ 101. Capex budgets are basically flat for 2022, those budgets were probably planned in 21, or even 20. That means oil producers are not interested in jacking up the supply to drive down the price for you. It's not in their best interest, meaning they give zero fucks about how it affects the consumer. Blaming oil/gas prices on a government, or political party is what people who don't know the oil market do.

Here's how it typically goes. Oil gets expensive. Producers realize they could be making X billions more if they supplied more oil at current prices. Supply efforts ramp up. Supply efforts overthrow demand for oil. Excess oil drives prices back down. The entire oil industry is a never-ending boom and bust cycle. Always will be.
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So explain why gas was cheap as hell during the Trump years? You think they planned to have gas that cheap?
 
Roger A. Shrubber

Roger A. Shrubber

Well-Known Member
GOT420 said:
So explain why gas was cheap as hell during the Trump years? You think they planned to have gas that cheap?
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the biggest reason was that there was a glut, they pumped a lot, had a reserve, which lowers prices initially, then the pandemic hit and there were world wide lockdowns, gas use plummeted, so gas prices plummeted as well. to counter this, russia and the oil companies quit producing as much oil...AND putin told trump to make Iran stop pumping as well, which he did quit handily, by insulting them mortally...which is also why the Iranians now want nothing to do with us, and refuse to pump more oil than they need to to meet their own needs, unless we placate them by meeting their outrageous demands...
 
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GOT420

Well-Known Member
Roger A. Shrubber said:
the biggest reason was that there was a glut, they pumped a lot, had a reserve, which lowers prices initially, then the pandemic hit and there were world wide lockdowns, gas use plummeted, so gas prices plummeted as well. to counter this, russia and the oil companies quit producing as much oil...AND putin told trump to make Iran stop pumping as well, which he did quit handily, by insulting them mortally...which is also why the Iranians now want nothing to do with us, and refuse to pump more oil than they need to to meet their own needs, unless we placate them by meeting their outrageous demands...
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Still. It seems like this administrations solution is don’t drive so much or buy an EV which is charged by power plants using coal to keep up with demands. Doesn’t seem like much of a plan.
 
hanimmal

hanimmal

Well-Known Member
GOT420 said:
Still. It seems like this administrations solution is don’t drive so much or buy an EV which is charged by power plants using coal to keep up with demands. Doesn’t seem like much of a plan.
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'Seems' maybe if you don't actually pay attention to what the Biden administration is saying and just going off your feels that you are told to have from the right wing propaganda.
 
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