Remembering the Trump Presidency

[Lastamender]

My 'side' is ME.

You are definitely stuck with you. Congrats.

 

[Tumblin Tumbleweed]

You are definitely stuck with you. Congrats.

Thanks. Keep being a dumb shit.

 

[Toddsterpatriot]

Here are some of the other measures recently taken by the administration to boost domestic oil production, according to a recent White House factsheet:

* An increase in the sales of leases for oil and gas drilling on federal lands. In 2013, the Bureau of Land Management held 30 such sales – the most in a decade – offering 5.7 million acres for lease by industry.

* An increase in the speed with which permits are being issued for actual drilling on federal lands. What’s called “processing time” has, the White House boasts, been cut from 228 days in 2012 to 194 days in 2013.

* The opening up of an additional 59 million acres for oil and gas drilling in the Gulf of Mexico, the site of a disastrous BP oil spill in April 2010.

In other words, global warming be damned!

In a turnaround that has gotten next to no attention and remarkably little criticism, President Obama is now making a legacy record for himself that will put the “permanent reduction of our dependence on oil” in its grave.

* An increase in the sales of leases for oil and gas drilling on federal lands. In 2013, the Bureau of Land Management held 30 such sales – the most in a decade – offering 5.7 million acres for lease by industry.

Did production on federal lands increase?

* An increase in the speed with which permits are being issued for actual drilling on federal lands. What’s called “processing time” has, the White House boasts, been cut from 228 days in 2012 to 194 days in 2013.

Did production on federal lands increase?

* The opening up of an additional 59 million acres for oil and gas drilling in the Gulf of Mexico, the site of a disastrous BP oil spill in April 2010.

Did production in the Gulf increase?

 

[Toddsterpatriot]

The stock market

You would have to know the difference between real GDP and Nominal GDP which would explain the differences. FRED uses nominal.

You would have to know the difference between real GDP and Nominal GDP which would explain the differences.

You would have to know how to read the title of the chart.

FRED uses nominal.

They use both.

 

[Kilroy2]

You would have to know the difference between real GDP and Nominal GDP which would explain the differences.

You would have to know how to read the title of the chart.

View attachment 944391

FRED uses nominal.

They use both.

The link I provided in the earlier post goes to a pdf file on a government site and provides more complete data for the year.

Your link just goes to a picture or an attachment. So you are not providing a source that can be verified. Also it really owns shows data for 3 quarters and not the whole year. 2 quarters in 2020 and 1 quarter in 2021. So you are not using data for the whole year. Your able to select by quarter and show what you want to show.

So you must have went to the site and selected data that would support your position and ignoring the whole data.

Good try

 

[LeftofLeft]

None of that really happened but keep forgetting about the million dead and the pandemic that made us stand in food lines with masks on.

Cheap gas really happened; but not under your boys, Obama and Biden. Please stop lying just because you feel entitled to your opinion being deemed truth.

 

[Toddsterpatriot]

The link I provided in the earlier post goes to a pdf file on a government site and provides more complete data for the year.

Your link just goes to a picture or an attachment. So you are not providing a source that can be verified. Also it really owns shows data for 3 quarters and not the whole year. 2 quarters in 2020 and 1 quarter in 2021. So you are not using data for the whole year. Your able to select by quarter and show what you want to show.

So you must have went to the site and selected data that would support your position and ignoring the whole data.

Good try

Your link just goes to a picture or an attachment. So you are not providing a source that can be verified.

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

Also it really owns shows data for 3 quarters and not the whole year. 2 quarters in 2020 and 1 quarter in 2021.

You were whining about what Trump left Biden.
He left +34.8% REAL GDP growth in Q3 2020, +4.2% REAL GDP growth in Q4 2020 and +5.2% REAL GDP growth in Q1 2021.

So, what were you whining about again? LOL!

 

[Kilroy2]

Cheap gas really happened; but not under your boys, Obama and Biden. Please stop lying just because you feel entitled to your opinion being deemed truth.

View attachment 944457

Yet the president does not control oil prices. The factors that determine prices include OPEC, Pandemic, war, state, federal, local taxes, and finally the whole process from getting the raw material and turning it into cash.

Gas prices under Trump was more of a COVID 19 factor rather than because he was president.

Since 2009, economic policy has shifted to measuring people's well being.

Are you happier than you were last year.

 

[LeftofLeft]

Yet the president does not control oil prices. The factors that determine prices include OPEC, Pandemic, war, state, federal, local taxes, and finally the whole process from getting the raw material and turning it into cash.

Gas prices under Trump was more of a COVID 19 factor rather than because he was president.

Since 2009, economic policy has shifted to measuring people's well being.

Are you happier than you were last year.

Presidential policies impact oil prices. I just showed 20 years of data vs. one Pandemic year that back that up. You mentioned OPEC. OPEC increases or decreases the supply to the market. Economically speaking, is OPEC incentivized to INCREASE or DECREASE production during the term of a President that pushes restrictive policies (eg less drilling permits, less infrastructure projects)?

You also mentioned Federal,,State, and local gas taxes. Those are constant regardless of who is President and /or if oil prices are high or low. While the oil companies yield a profit of just $0.05-$0.07 per gallon, the Federal Government pulls in $0.18 per gallon and a state like California pulls in $0.13 per gallon.

 

[Toddsterpatriot]

Yet the president does not control oil prices. The factors that determine prices include OPEC, Pandemic, war, state, federal, local taxes, and finally the whole process from getting the raw material and turning it into cash.

Gas prices under Trump was more of a COVID 19 factor rather than because he was president.

Since 2009, economic policy has shifted to measuring people's well being.

Are you happier than you were last year.

Are you happier than you were last year.

Satisfaction With the United States

In general, are you satisfied or dissatisfied with the way things are going in the United States at this time?

news.gallup.com

These numbers don't say happy to me.

 

[Kilroy2]

Are you happier than you were last year.

View attachment 944559

Satisfaction With the United States

In general, are you satisfied or dissatisfied with the way things are going in the United States at this time?

news.gallup.com

These numbers don't say happy to me.

Yeah , yeah a gallop poll. Granted they are rated as mostly unbaised. They are one of the better ones as long as they stay out of the presidential race polling.

yeah , I am happy, Trump is not president . In a few months it will be LG