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Showing content with the highest reputation on 11/11/2024 in all areas

  1. 2 points
    Are you this DUMB? USA increased worlds oil supply by ~5 Billion barrels a year. Canada in last decade had increased its oil output by ~2 Billion barrels a year. North America was not importing anymore. Had nothing to do with ~#45. Everyone else already had decade long sunk costs and wanted them paid back. World was in a gargantuan oil glut. Oil price cratering would have been FAR FAR worse if Nigeria wasn't effectively in a civil war, Libya WAS in a civil war, Venezuela decided to go Communist and be effectively embargoed from the USA light oil, Old USSR/Russia countries were coming massively online and had increased output to world by ~3Million barrels, and Iran was effectively embargoed. There is a gargantuan oil glut. If it wasn't for Ukraine war, oil price would STILL be in the dumps. Oh yea, Argentina/Brazil/Guyana are increasing output. Oh yea, and China is in a recession, but has gargantuan subsidy mandates internal to country to go NG/EV. Frankly how the oil price is as high as it is currently is driven mostly by fear and massive inflation.
  2. 1 point
    You quoted the wrong one. It's me trying to point out superficial dealing suits the title: green new deal: blizzard of lies. Not @TailingsPond If Tailingspond can retired at 40, he could be inherited it; granted real wealth by his rich friends, relatives or family members; or sere good luck. There is no need for him to feel bitter, jealous or mental at Elon and tesla making virtual money. I questioned what he did because he told you to commit suicide...
  3. 1 point
    I repeat: The ONLY way we can have high oil production in the US is when oil prices are high, because our average production costs are so high. Why do you think #45 worked so hard in his last year to get foreign oil producers to cut production? Because the oil price had collapsed, due to a fall off of demand. That’s what caused the cheap gas prices that his supporters talk about, like it was some kind of genius #45's leadership that made it so. In reality, it was due to the Covid shutdowns and the resulting collapse in demand, that would go on to lead the double digit unemployment spike experienced in the wake of it. You can’t have high US oil production without high oil prices. You want cheap petroleum, you get it by being reliant on places like Saudi Arabia and Russia. You want energy independence and you don’t want to do it through electrification because you want to stick with petroleum, then you’re going to live with high fuel prices. It costs Saudi Arabia ~10 bucks to produce a barrel of oil because they have so much easy-to-get-at oil. In the US, that cost is ~36 bucks. 3.6 times more. And that’s just an average… Some of our oil is far more expensive to get at. You don’t get cheap oil AND energy independence while staying on oil, it’s one or the other. Now, #47 said he will cut the cost of energy by one half in his term. Just how? Eliminating regulations? Lowering federal lease rates? Nope. Only by getting OPEC (or some other foreign entity, like Russia) to accept lower prices. Then US energy independence is at great risk.
  4. 1 point
    You seem to miss your usual quotient of reality again...congrats. The shutdown is entirely due to the windfall tax of the UK government. Oil and gasoline is doing fine. I guess you are still a sore loser over the recent election? That figures.
  5. 1 point
    He was using hyperbole--stop being so obtuse. Trump is going to introduce another round of tax cuts that will disproportionally benefit himself and others at the top of the tax bracket.
  6. 0 points
    That is not what you meant? Check out what you wrote one more time: "The philosophers said that the limit of choice is suicide. You always have a choice. There is no such thing as "I had no choice but to do that" - you could have just killed yourself" . You are asking the person to commit suicide if/ since he has no choice or limit of choice. Then, you strayed from saying " could have killed yourself/ suicide" to "killed (by someone) " ... Must be proud. Under all watch and get away...
  7. 0 points
    notsosmart, your and idiot too, I was comparing "tribes" on both continents. Moron is what you two leftist asses are. You both know what I meant and yet to twist it around to your way of thinking "is" moronic. Not a racist at all. If you is a "White-boy" you surely don't act like one throwing race-baiting stereotryping from your keystrokes. DipShit!