Grocery cost question
- Thread starter firegiver
- Start date
Good. We don't need additional production, we need additional refining capacity. Personally, I'd much rather see less Gulf drilling and more Permian Basin drilling due to environmental impacts of gulf vs landlocked spills. The amount of open wells that these companies are already sitting on to influence the price of crude would have you singing a completely different tune about this.
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Trump will only make it easier to environmentally cut thru the red tape to be able to drill, IMO.
Most of if not all of the "oil" from fracking is refined elsewhere. The industry has become much more consolidated since say the last Trump term. Private producers are now mainly controlled by much larger public firms who only care about stockholder returns. I think additional drill production still has its place to help the US become for energy secure!
I don't disagree. I assume you are speaking of refining crude, and companies sitting on DUCs.
Trump will only make it easier to environmentally cut thru the red tape to be able to drill, IMO.
Most of if not all of the "oil" from fracking is refined elsewhere. The industry has become much more consolidated since say the last Trump term. Private producers are now mainly controlled by much larger public firms who only care about stockholder returns. I think additional drill production still has its place to help the US become for energy secure!
It's a combination of US refineries operating at peak permitted levels currently, and yes, DUCs. It's more valuable for the O&G companies to sit on prospective wells than it is to drill them and overload the market and potentially lower global crude prices. We're never going to see sub-$2/gal for gas ever again, barring some major shift I can't think of.
um because they are hoarding all the wealth in this country.
Because hoarding their wealth is bad for the economy.
Facts are that it has gotten worse and worse for the average american, to fund buying homes and cars and groceries.
Billionaires are a disgusting example of a system that is sick.
You've brought 0 to this thread. AGAIN, if you would please like to explain how deporting 50% of the farm work force is going to lower grocery prices. Please help me to understand.
The fact that you guys cannot just accept that it doesn't make sense, and that its impossible... is sad.
They are hoarding all the wealth in this country? 80% of the US Dollars in existence have been created in the last 5 years.
If the pie is ever expanding, as is the stated goal of the Fed, then it's hard to argue that the wealth is too concentrated.
And, the billionaires hardly hoard their wealth. Have you seen the projects they have been working on? You see Amazon and the number of employees they have? Have you seen the number of people that Jeff Bezos and Amazon have made millionaires?
Do you see how Bezos, Gates, Musk have made life easier and more comofortable for every single living being on this planet? The level of comfort far exceeds any time in the past. There is no better time to be a human than now compared to the last 8 billion years.
Billionaires are extremely good at asset allocation. Why would we limit them in the thing that they are best at?
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Deporting 50% of the labor force, in a vacumm, would cause a price increase. However, in reality this will not happen in a vacuum. Vacuums only happen in outer space and in the physics labs. There will be other massively deflationary forces coming, along with the US being a sovereign nation and can allow in more labor at it's pleasure.
Your concern is misplaced. But you know that because we have discussed it many times before.
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? I think Trump's deportation plan is going to be an unmitigated disaster. It's red meat for dullards to latch onto because those goobers need a scapegoat to blame for all of their problems and they refuse to look at the billionaire and corporate class that has caused all the major issues over the last 40+ years. Also, what makes it even tastier is they've been hoodwinked by the richest man on earth, and another billionaire, into thinking they actually give a shit about the common man and aren't out to further enrich themselves.
so, how is he going to lower energy prices? This is like whacka mole, he says he's going to lower grocery prices, when pressed, says thats really hard who knows.
Now today he says he's going to lower energy prices. how?
We already are drilling more than we ever have before. So is the solution to just flood the market with more crude? Ok... but that may not achieve what he wants/
Why can't we just ****ing tax the billioinaires and pay for daycare? eh?
Not exactly agreeing or disagreeing with you here, but cutting the budget or trade deficits would be bad news for the economy. I guess I'd say that I disagree with the almost psychological obsession Republicans and Democrats both seem to have now with the word deficit. In a strange way, the US exporting more relatively speaking serves to hurt the US.
That's what I've said for 20 years. The "MEDIA" is our enemy. They have told lies for at least 5 decades with no recourse.
Accountability should be first and foremost. There are non-elected people making decisions that effect this nation.
This should never be allowed to happen. Nobody in a federal job should be able to undermine/disregard what a president says.
"Why can't we just ****ing tax the billioinaires and pay for daycare? eh?" You just love the thought of other people paying YOUR bills don't you?
Why don't you tax the billionaires at 100% and then you still won't have solved a fraction of the problem and you will have killed all the businesses. You also will have done irreparable harm and will not be able to recruit new business.
What in the literal Hell is this ass-clown doing now?
Biden working to effectively ban cigarettes in 11th hour
Biden working to effectively ban cigarettes in 11th hour
He doesn't even know the answer to that question.
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