GREEN NEW DEAL = BLIZZARD OF LIES

[Rob Plant + 2,756]

3 hours ago, KeyboardWarrior said:

I think the fact that oil is $100 a barrel is indicative of an industry problem. If oil were really less relevant, the price would reflect this change. Russia isn't that big of a concern for the United States as far as oil is concerned. 

I disagree, pretty much all commodities like steel, food, REE are all going through the roof and pretty much all countries are experiencing rapidly increasing inflation. Show me any product that is cheaper now than it was 12 months ago.

Demand is outstripping supply almost everywhere. Oil is even more to the fore due to the war in Ukraine compounding this even more. 

Edited May 20, 2022 by Rob Plant

[Ecocharger + 1,475]

On 5/19/2022 at 6:49 PM, Jay McKinsey said:

EVs are shoving aside real volumes of oil

Electric vehicles displaced roughly 1.5 million barrels per day of oil last year, new analysis shows, an amount slated to grow as EV sales keep rising.

Why it matters: The new estimates from the research firm BloombergNEF help to show EVs are shedding their status as a niche climate technology.

• Total transportation fuel demand was 43.7 million barrels per day last year, the firm said.
• The amount EVs have displaced doubled over the last six years, BloombergNEF said.

The intrigue: What kinds of EVs are doing the heaviest lifting right now is surprising (to me anyway!).

• "Two- and three-wheeled EVs accounted for 67% of the oil demand avoided in 2021," the report notes, citing rapid adoption in Asia.
• Buses were next at 16% and then followed by passenger vehicles at 13%, though BloombergNEF adds that they're the fastest-growing segment.

The big picture: BloombergNEF said last year's displaced oil demand amounts to roughly one-fifth of Russia's pre-invasion exports.

Yet EVs remain stuck below 1% of the vehicle market, which will not displace enough oil demand to make any difference to oil markets.

Demand for oil continues to power ahead.

https://oilprice.com/Energy/Oil-Prices/Oil-Set-For-Fourth-Weekly-Gain-Amid-Tight-Fuel-Markets.html

"Low U.S. fuel inventories and another decline in gasoline stocks last week supported oil prices, and will continue to do so, analysts say, as supply will struggle to catch up with higher demand in the summer.

“The fact the market has not fallen below $100 highlights the underlying strength with tight supply of key fuels, self-sanctioning of Russian crude oil, OPEC struggling to increase production and unrest in Libya all supporting the market. With China potentially starting to ease lockdowns and with unrest in Libya still growing, the short-term price risk remains firmly skewed to higher prices,” Ole Hansen, Head of Commodity Strategy at Saxo Bank, said in a weekly note.

“So, despite the prospect for slower global economic growth, the price of crude oil remains supported. If we stick to our wide $90 to $120 range call for Brent during the current quarter, while still considering structural issues (most importantly the continued level of underinvestment and OPEC’s struggle to increase production), this will continue to support prices over the coming quarters,” Hansen added."  

Edited May 21, 2022 by Ecocharger

[Ron Wagner + 710]

https://markets.businessinsider.com/news/stocks/tesla-stock-kicked-out-sp500-esg-index-despite-clean-energy-2022-5?utm_campaign=sf-bi-finance&utm_medium=social&utm_source=facebook.com&fbclid=IwAR28f52LLvwbnbpmj8yj1hPYX4OUTV2QOdaqAgz1tZmGBZGyeEXBIV97cfA

 

Tesla has been kicked out of the S&P 500's ESG Index even though it makes zero-emission products. Here's why.

 

Matthew Fox 

May 18, 2022, 12:11 PM

 

 

Elon Musk.  Yasin Ozturk/Anadolu Agency via Getty Images

• Tesla has been kicked out of the S&P 500 ESG Index despite its focus on making zero-emission products.
• "ESG is an outrageous scam! Shame on S&P Global," CEO Elon Musk tweeted in response.
• Here's why Tesla was kicked out of the sustainably-focused stock-market index this week.

 

Get the inside scoop on what traders are talking about — delivered daily to your inbox.

 

Email address

 

By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy.

Tesla stock was kicked out of the S&P 500 ESG Index on Wednesday despite its focus on making electric vehicles, solar panels, and battery packs.

S&P Global executed its fourth annual rebalance of the sustainably-focused, large-cap index this week, and the portfolio looks relatively similar to the regular S&P 500 index. The S&P 500 ESG Index holds 308 stocks and counts Apple, Microsoft, Amazon, and Alphabet as its top four holdings.

But Tesla, which is the fifth largest holding in the S&P 500, was ineligible to be included in the ESG index because of its low S&P DJI ESG score, S&P Global said. That score fell in the bottom 25% of its industry group peers. Tesla joins Berkshire Hathaway, Johnson & Johnson, and Meta Platforms as the top mega-cap companies that have been excluded from the index.

"ESG is an outrageous scam! Shame on S&P Global," Elon Musk, Tesla's CEO, tweeted in response to the development. "Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn't make the list. ESG is a scam. It has been weaponised by phony social justice warriors," Musk added.

 

Digging deeper, there were multiple reasons Tesla stock was excluded from the index despite its commitment to transitioning the world to cleaner energy, S&P Global said.

"First and foremost, the GICS industry group in which Tesla is assessed experienced an overall increase in its average S&P DJI ESG score. So, while Tesla's ESG score has remained fairly stable year-over-year, it was pushed further down the ranks relative to its global industry group peers," S&P Global explained in a blog post.

That makes sense given that legacy automakers have turbocharged their efforts to jump into the electric-vehicle space over the past year.

Tesla's lack of a low-carbon strategy and codes of business conduct also contributed to the company's fallout from the index, as did the company's exposure to risks stemming from its involvement in controversial incidents.

"A media and stakeholder analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont factory, as well as its handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles," S&P Global said.

Those events led to a lower ESG score for Tesla, which in turn led to its elimination from the index.

"While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens," S&P Global concluded.

Tesla stock fell about 5% in Wednesday trades amid a broader market sell-off. 

 

[Ecocharger + 1,475]

On 5/19/2022 at 6:58 PM, notsonice said:

Electric vehicles displaced roughly 1.5 million barrels per day of oil last year, new analysis shows, an amount slated to grow as EV sales keep rising???????

Peak oil is at the doorstep or has already happened...

By the end of 2022 another half million or so barrels of oil a day demand destruction from EV's is possible...... so at the end of 2022, 2 million barrels a day of oil reduction in demand due to EV's

Ecochump will not like the news Jay.......

 

 

Again, this is weak economic analysis. No one can say that the increase of  one industry DISPLACED potential output from another industry. That assumes that markets are a zero-sum game, which is clearly nonsensical. Both markets clearly grew to some extent, perhaps some rich folks bought an EV in addition to their regular consumption of  Jaguars and Porsches. There is no rational way to measure these numbers as trade-offs.

Another fable for the economically under-read. I guess that includes you, and Jay?

Edited May 21, 2022 by Ecocharger

[Ecocharger + 1,475]

On 5/19/2022 at 6:49 PM, Jay McKinsey said:

EVs are shoving aside real volumes of oil

Electric vehicles displaced roughly 1.5 million barrels per day of oil last year, new analysis shows, an amount slated to grow as EV sales keep rising.

Why it matters: The new estimates from the research firm BloombergNEF help to show EVs are shedding their status as a niche climate technology.

• Total transportation fuel demand was 43.7 million barrels per day last year, the firm said.
• The amount EVs have displaced doubled over the last six years, BloombergNEF said.

The intrigue: What kinds of EVs are doing the heaviest lifting right now is surprising (to me anyway!).

• "Two- and three-wheeled EVs accounted for 67% of the oil demand avoided in 2021," the report notes, citing rapid adoption in Asia.
• Buses were next at 16% and then followed by passenger vehicles at 13%, though BloombergNEF adds that they're the fastest-growing segment.

The big picture: BloombergNEF said last year's displaced oil demand amounts to roughly one-fifth of Russia's pre-invasion exports.

Again, these are fables for the under-educated. These markets are not known to be zero-sum trade-offs, that is merely foolish propaganda.

[Ecocharger + 1,475]

On 5/19/2022 at 7:14 PM, Jay McKinsey said:

We are just getting started.

You have just been shut down.

[Ron Wagner + 710]

6 minutes ago, Ron Wagner said:

https://markets.businessinsider.com/news/stocks/tesla-stock-kicked-out-sp500-esg-index-despite-clean-energy-2022-5?utm_campaign=sf-bi-finance&utm_medium=social&utm_source=facebook.com&fbclid=IwAR28f52LLvwbnbpmj8yj1hPYX4OUTV2QOdaqAgz1tZmGBZGyeEXBIV97cfA

 

Tesla has been kicked out of the S&P 500's ESG Index even though it makes zero-emission products. Here's why.

 

Matthew Fox 

May 18, 2022, 12:11 PM

 

 

Elon Musk.  Yasin Ozturk/Anadolu Agency via Getty Images

• Tesla has been kicked out of the S&P 500 ESG Index despite its focus on making zero-emission products.
• "ESG is an outrageous scam! Shame on S&P Global," CEO Elon Musk tweeted in response.
• Here's why Tesla was kicked out of the sustainably-focused stock-market index this week.

 

Get the inside scoop on what traders are talking about — delivered daily to your inbox.

 

Email address

 

 

By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy.

Tesla stock was kicked out of the S&P 500 ESG Index on Wednesday despite its focus on making electric vehicles, solar panels, and battery packs.

S&P Global executed its fourth annual rebalance of the sustainably-focused, large-cap index this week, and the portfolio looks relatively similar to the regular S&P 500 index. The S&P 500 ESG Index holds 308 stocks and counts Apple, Microsoft, Amazon, and Alphabet as its top four holdings.

But Tesla, which is the fifth largest holding in the S&P 500, was ineligible to be included in the ESG index because of its low S&P DJI ESG score, S&P Global said. That score fell in the bottom 25% of its industry group peers. Tesla joins Berkshire Hathaway, Johnson & Johnson, and Meta Platforms as the top mega-cap companies that have been excluded from the index.

"ESG is an outrageous scam! Shame on S&P Global," Elon Musk, Tesla's CEO, tweeted in response to the development. "Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn't make the list. ESG is a scam. It has been weaponised by phony social justice warriors," Musk added.

 

Digging deeper, there were multiple reasons Tesla stock was excluded from the index despite its commitment to transitioning the world to cleaner energy, S&P Global said.

"First and foremost, the GICS industry group in which Tesla is assessed experienced an overall increase in its average S&P DJI ESG score. So, while Tesla's ESG score has remained fairly stable year-over-year, it was pushed further down the ranks relative to its global industry group peers," S&P Global explained in a blog post.

That makes sense given that legacy automakers have turbocharged their efforts to jump into the electric-vehicle space over the past year.

Tesla's lack of a low-carbon strategy and codes of business conduct also contributed to the company's fallout from the index, as did the company's exposure to risks stemming from its involvement in controversial incidents.

"A media and stakeholder analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont factory, as well as its handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles," S&P Global said.

Those events led to a lower ESG score for Tesla, which in turn led to its elimination from the index.

"While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens," S&P Global concluded.

Tesla stock fell about 5% in Wednesday trades amid a broader market sell-off. 

 

ESG is just one small part of the grand plan for a global technocracy run by the elites who are making billions off of their deal making and working to eliminate the middle class. "You will own nothing and be happy." Because you will have no choices to make. It is communism, fascism, stateism,  autocracy, you name it. Biden is the leader of it in America. 

[Ecocharger + 1,475]

23 hours ago, Jay McKinsey said:

 Why? You don't like how I keep being right? Extrapolating curves is a key part of forecasting. 

 

No, we are tired of you getting your failures of understanding exposed.

[Ecocharger + 1,475]

22 hours ago, Jay McKinsey said:

Most of the EV oil replacement has occurred in China, SE Asia and Europe. The US EV market is a few years behind. And we do export our oil so it is directly affected by Russian oil leaving the market. Foreign demand for our petroleum has been increasing significantly since the war began.

Your industry problem is that the labor market doesn't want to be part of a dying industry that doesn't pay them enough. Otherwise there wouldn't be a labor shortage.

Davis says he would be open to returning to energy, but for now, he is one of thousands of workers in the United States and Canada who have left oil and gas jobs, put off by arduous conditions, remote locations, and insufficient compensation, or lured to the renewables sector as the world transitions to cleaner energy. https://www.reuters.com/business/energy/n-american-oil-companies-scramble-find-workers-despite-boom-2022-04-29/

No, put off by Green agitators and politicians who agitate for a non-fossil fuel future, That discourages oil production and pushes up oil prices.

[Ecocharger + 1,475]

19 hours ago, Rob Plant said:

I disagree, pretty much all commodities like steel, food, REE are all going through the roof and pretty much all countries are experiencing rapidly increasing inflation. Show me any product that is cheaper now than it was 12 months ago.

Demand is outstripping supply almost everywhere. Oil is even more to the fore due to the war in Ukraine compounding this even more. 

There are structural changes also in the oil business, with government policy in many countries designing a long-term ban on oil. That discourages investment in the oil industry.

[Ecocharger + 1,475]

6 minutes ago, Ron Wagner said:

ESG is just one small part of the grand plan for a global technocracy run by the elites who are making billions off of their deal making and working to eliminate the middle class. "You will own nothing and be happy." Because you will have no choices to make. It is communism, fascism, stateism,  autocracy, you name it. Biden is the leader of it in America. 

In the end, if the Green Revolution succeeds, private transportation will be unaffordable for the vast majority of people, and most people will be dependent on government funded public transportation. That will give authoritarian "liberals" the practical handles to control populations.

[Ron Wagner + 710]

2 minutes ago, Ecocharger said:

In the end, if the Green Revolution succeeds, private transportation will be unaffordable for the vast majority of people, and most people will be dependent on government funded public transportation. That will give authoritarian "liberals" the practical handles to control populations.

There are an infinite number of potential "handles" that oppressive governments can use. I could make lists upon lists. Our government is guilty of almost all of them already. 

Our taxation is hundreds of times higher than the ones that led to the American Revolution against the British.

[notsonice + 1,255]

1 hour ago, Ron Wagner said:

https://markets.businessinsider.com/news/stocks/tesla-stock-kicked-out-sp500-esg-index-despite-clean-energy-2022-5?utm_campaign=sf-bi-finance&utm_medium=social&utm_source=facebook.com&fbclid=IwAR28f52LLvwbnbpmj8yj1hPYX4OUTV2QOdaqAgz1tZmGBZGyeEXBIV97cfA

 

Tesla has been kicked out of the S&P 500's ESG Index even though it makes zero-emission products. Here's why.

 

Matthew Fox 

May 18, 2022, 12:11 PM

 

 

Elon Musk.  Yasin Ozturk/Anadolu Agency via Getty Images

• Tesla has been kicked out of the S&P 500 ESG Index despite its focus on making zero-emission products.
• "ESG is an outrageous scam! Shame on S&P Global," CEO Elon Musk tweeted in response.
• Here's why Tesla was kicked out of the sustainably-focused stock-market index this week.

 

Get the inside scoop on what traders are talking about — delivered daily to your inbox.

 

Email address

 

 

By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy.

Tesla stock was kicked out of the S&P 500 ESG Index on Wednesday despite its focus on making electric vehicles, solar panels, and battery packs.

S&P Global executed its fourth annual rebalance of the sustainably-focused, large-cap index this week, and the portfolio looks relatively similar to the regular S&P 500 index. The S&P 500 ESG Index holds 308 stocks and counts Apple, Microsoft, Amazon, and Alphabet as its top four holdings.

But Tesla, which is the fifth largest holding in the S&P 500, was ineligible to be included in the ESG index because of its low S&P DJI ESG score, S&P Global said. That score fell in the bottom 25% of its industry group peers. Tesla joins Berkshire Hathaway, Johnson & Johnson, and Meta Platforms as the top mega-cap companies that have been excluded from the index.

"ESG is an outrageous scam! Shame on S&P Global," Elon Musk, Tesla's CEO, tweeted in response to the development. "Exxon is rated top ten best in world for environment, social & governance (ESG) by S&P 500, while Tesla didn't make the list. ESG is a scam. It has been weaponised by phony social justice warriors," Musk added.

 

Digging deeper, there were multiple reasons Tesla stock was excluded from the index despite its commitment to transitioning the world to cleaner energy, S&P Global said.

"First and foremost, the GICS industry group in which Tesla is assessed experienced an overall increase in its average S&P DJI ESG score. So, while Tesla's ESG score has remained fairly stable year-over-year, it was pushed further down the ranks relative to its global industry group peers," S&P Global explained in a blog post.

That makes sense given that legacy automakers have turbocharged their efforts to jump into the electric-vehicle space over the past year.

Tesla's lack of a low-carbon strategy and codes of business conduct also contributed to the company's fallout from the index, as did the company's exposure to risks stemming from its involvement in controversial incidents.

"A media and stakeholder analysis identified two separate events centered around claims of racial discrimination and poor working conditions at Tesla's Fremont factory, as well as its handling of the NHTSA investigation after multiple deaths and injuries were linked to its autopilot vehicles," S&P Global said.

Those events led to a lower ESG score for Tesla, which in turn led to its elimination from the index.

"While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens," S&P Global concluded.

Tesla stock fell about 5% in Wednesday trades amid a broader market sell-off. 

 

Elon is crashing.....Competition is cutting the costs of EVs ........Tesla will be gone in 5 years .....Bankruptcy 

[notsonice + 1,255]

43 minutes ago, Ecocharger said:

In the end, if the Green Revolution succeeds, private transportation will be unaffordable for the vast majority of people, and most people will be dependent on government funded public transportation. That will give authoritarian "liberals" the practical handles to control populations.

private transportation will be unaffordable for the vast majority of people..........

ha ha ha

$4 gas in unaffordable for the vast majority of people and the still are not dependent on government funded public transportation

 

Keep babbling BS , you are the King of it.........

[LANDMAN X + 181]

Can anyone out there understand that for every barrel of oil 60% goes into construction, medical, plastics, and on and on.  Where in the hell is the world going to replace all the vital resources we need to survive without oil and gas??  HELLO.  OK gas is 40% of every barrel which all of us need to power our ICE cars.  I'm freezing now in Denver.  Is it warming or getting colder??

[Eyes Wide Open + 3,555]

15 minutes ago, LANDMAN X said:

Can anyone out there understand that for every barrel of oil 60% goes into construction, medical, plastics, and on and on.  Where in the hell is the world going to replace all the vital resources we need to survive without oil and gas??  HELLO.  OK gas is 40% of every barrel which all of us need to power our ICE cars.  I'm freezing now in Denver.  Is it warming or getting colder??

This green revolution is over. As of now investment groups are attempting to unwind their positions. Give this 6 month's, this world energy debacle will look muc different.

 

 

Edited May 21, 2022 by Eyes Wide Open

[Eyes Wide Open + 3,555]

1 hour ago, notsonice said:

private transportation will be unaffordable for the vast majority of people..........

ha ha ha

$4 gas in unaffordable for the vast majority of people and the still are not dependent on government funded public transportation

 

Keep babbling BS , you are the King of it.........

Speaking to babbling BS...The plot is gathering foundations. 

Michael Sussmann trial: Durham wants ex-New York Times reporter to answer 'all relevant questions'

Former Times reporter Eric Lichtblau requested certain questions be off limits during Clinton lawyer's trial

"If Lichtblau takes the witness stand at trial, the Court should require him to answer all relevant questions posed to him that fall within the scope of his direct testimony, the criminal charge, or his credibility and reliability," Durham wrote in a response to Lichtblau’s motion for protective rights. 

 

Edited May 21, 2022 by Eyes Wide Open

[TailingsPond + 1,008]

11 hours ago, Eyes Wide Open said:

This green revolution is over. As of now investment groups are attempting to unwind their positions. Give this 6 month's, this world energy debacle will look much different.

 

 

Good for you putting a time-limit on your prediction.  Report back in 6 months on how wrong you were yet again.

"Release the Kraken!"

 

Edited May 21, 2022 by TailingsPond

[TailingsPond + 1,008]

On 5/20/2022 at 1:56 AM, Rob Plant said:

I disagree, pretty much all commodities like steel, food, REE are all going through the roof and pretty much all countries are experiencing rapidly increasing inflation. Show me any product that is cheaper now than it was 12 months ago.

Demand is outstripping supply almost everywhere. Oil is even more to the fore due to the war in Ukraine compounding this even more. 

Lots of stuff is cheaper than a year ago (timber, home reno products, covid related materials, gold). Even steel rebar is actually cheaper than it was a year ago, perhaps look stuff up before making claims. 

https://tradingeconomics.com/commodity/steel

https://www.nasdaq.com/market-activity/commodities/lbs

https://goldprice.org/gold-price-history.html

But yes, the consumer price index is way up.

 

Edited May 21, 2022 by TailingsPond

[Jay McKinsey + 1,490]

13 hours ago, Ecocharger said:

Again, these are fables for the under-educated. These markets are not known to be zero-sum trade-offs, that is merely foolish propaganda.

It is basic economics.

[Eyes Wide Open + 3,555]

7 hours ago, TailingsPond said:

Release the Kraken!"

SOON GABBY THE GATE'S ARE OPEN

Baker says FBI investigated Sussmann claims of Trump, Russian bank connection: 'There was nothing there'

After nearly two years, Mueller’s investigation yielded no evidence of criminal conspiracy or coordination between the Trump campaign and Russian officials during the 2016 presidential election.

Baker says FBI investigated Sussmann claims of Trump, Russian bank connection: 'There was nothing there'

https://www.foxnews.com/politics/durham-sussmann-trial-baker-fbi-investigated-claims-trump-russian-bank-connection-nothing-there

Edited May 22, 2022 by Eyes Wide Open

[TailingsPond + 1,008]

9 minutes ago, Eyes Wide Open said:

SOON GABBY THE GATE'S ARE OPEN

Baker says FBI investigated Sussmann claims of Trump, Russian bank connection: 'There was nothing there'

After nearly two years, Mueller’s investigation yielded no evidence of criminal conspiracy or coordination between the Trump campaign and Russian officials during the 2016 presidential election.

Baker says FBI investigated Sussmann claims of Trump, Russian bank connection: 'There was nothing there'

https://www.foxnews.com/politics/durham-sussmann-trial-baker-fbi-investigated-claims-trump-russian-bank-connection-nothing-there

Keep the hope, it amuses me.

[Eyes Wide Open + 3,555]

3 hours ago, TailingsPond said:

Keep the hope, it amuses me.

Hope you say? No no little one, the  greatest story yet to be told is unwinding before our eye's.

Who and when will break these events Wide Open...now that will be priceless 

 

 

On July 28, 2016, then-CIA Director John Brennan briefed President Obama on Hillary Clinton’s alleged plan to tie Donald Trump to Russia as “a means of distracting the public from her use of a private email server.” Obama reportedly was told how Clinton allegedly approved “a proposal from one of her foreign policy advisers to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.”

 

Thus, Mook testified that Clinton did precisely what Brennan warned Obama was being planned.

The date of Brennan’s warning is important: It was three days before the FBI’s collusion investigation began. It also was a couple of months before Sussmann contacted then-FBI general counsel Jim Baker while claiming he was not representing any client. (He was counsel to the Clinton campaign and, according to prosecutors, billed the meeting time to the campaign.)

Thus, Mook testified that Clinton did precisely what Brennan warned Obama was being planned.

There is a strikingly familiar pattern in both the Steele dossier— which became the basis for the Russia collusion investigation

"And the Alfa Bank tale."

Campaign associates developed both claims while actively seeking to conceal their connections from the public and the government, including reportedly denying the funding of the Steele dossier and concealing that funding as legal costs.

https://thehill.com/opinion/judiciary/3496659-how-the-sussmann-trial-revealed-hillary-clintons-role-in-the-alfa-bank-scandal/

Edited May 22, 2022 by Eyes Wide Open

[Ecocharger + 1,475]

On 5/21/2022 at 12:16 AM, notsonice said:

private transportation will be unaffordable for the vast majority of people..........

ha ha ha

$4 gas in unaffordable for the vast majority of people and the still are not dependent on government funded public transportation

 

Keep babbling BS , you are the King of it.........

$4 gas is not the end, it will go up higher, and people will still be able to afford it.

European gasoline taxes have pushed up their price even higher than this, $4 is relatively cheap.

[Ecocharger + 1,475]

12 hours ago, Jay McKinsey said:

It is basic economics.

No, it is common sense to point out the foolishness of assuming zero-sum games in energy markets and vehicle markets. 

Economics doesn't work that way.

I guess you didn't get your economics degree, Jay?