Thanks Biden/Harris

[Marener]

They declared war on fossil fuels. 88% of our good are transported by trucks. What did they think would happen? Costs went up. Inflation. Rates skyrocketed.

You do know that we are producing more oil now than ever before, right?

So that can't be it.

 

[AzogtheDefiler]

You do know that we are producing more oil now than ever before, right?

So that can't be it.

Not how it works. Youre dumb so let me explain.

Their war meant fewer new leases, no new refineries and they closed the keystone. Fewer players producing oil means they can jack up prices.


It would be like them declaring war on pizza shops. If more shops can’t open and a lower shops can’t afford to operate, there are fewer pizza shops. People still want pizza and now are forced to pay more for it. They produce more pizza and population grows and demand increases but they can charge way more for the pizza.

Do you not understand basic economics?

 

[Marener]

Not how it works. Youre dumb so let me explain.

Their war meant fewer new leases, no new refineries and they closed the keystone. Fewer players producing oil means they can jack up prices.


It would be like them declaring war on pizza shops. If more shops can’t open and a lower shops can’t afford to operate, there are fewer pizza shops. People still want pizza and now are forced to pay more for it. They produce more pizza and population grows and demand increases but they can charge way more for the pizza.

Do you not understand basic economics?

Yes, it is how it works.

The number of leases is irrelevant. The quantity produced is. It's a commodity, traded on a global market.

We haven't built a refinery since 1977, so that can't be it either.

Keystone was never completed, so that can't be it.

Your analogy only works if it's based on facts. Can you show data with the number of US oil producing companies over time?

 

[Independent thinker]

I have no problems with what people post here period....Just don't pee in the sandbox.

I am an engineer if that helps.

A sanitation engineer?

 

[Moonglow]

How old are you!?!

63 bought my first house at 25 in 1986

 

[marvin martian]

Mortgage rates set to soar for over 100,000 Americans

Thousands of homeowners who used adjustable-rate mortgage loans are set to see their payments increase.

www.newsweek.com

Way to make life less affordable. Luckily I am locked in at 2.66%. 20 yr fixed.

Whew

MA is expensive

"You'll own nothing, and be happy about it" -The left

 

[Moonglow]

A sanitation engineer?

Not yet, that is not the same as a real engineer, one that uses two wrenches at the same time.

 

[AzogtheDefiler]

Yes, it is how it works.

The number of leases is irrelevant. The quantity produced is. It's a commodity, traded on a global market.

We haven't built a refinery since 1977, so that can't be it either.

Keystone was never completed, so that can't be it.

Your analogy only works if it's based on facts. Can you show data with the number of US oil producing companies over time?

You don’t get it. Fewer entities producing means they can jack up prices. And yes new refineries were in the works.

You don’t know any of this?

This is a good article. Read it and educate yourself

Biden’s damaging war against American energy production

There is a boom in American oil production. By waging war against it, President Biden could make us more reliant on OPEC, Venezuela, Russia and Iran in the years ahead.

thehill.com

 

[Moonglow]

"You'll own nothing, and be happy about it" -The left

Jesus said not to worry you have a home in Heaven.

 

[AzogtheDefiler]

63 bought my first house at 25 in 1986

You’re old, Bro.

And cranky

Explains a lot

 

[Independent thinker]

Not yet, that is not the same as a real engineer.

Ahhh, I see. You aspire to be a sanitation engineer but haven't made it there yet. Well, good luck, I'm rooting for you. If you work hard enough, someday you can be a sanitation engineer.

 

[Moonglow]

You don’t get it. Fewer entities producing means they can jack up prices. And yes new refineries were in the works.

You don’t know any of this?

This is a good article. Read it and educate yourself

Biden’s damaging war against American energy production

There is a boom in American oil production. By waging war against it, President Biden could make us more reliant on OPEC, Venezuela, Russia and Iran in the years ahead.

thehill.com

That would be true if the current production numbers did not exist, we are producing more now than during the Trump era.

 

[Moonglow]

You’re old, Bro.

And cranky

Explains a lot

You wet yer pants, again.

 

[AzogtheDefiler]

That would be true if the current production numbers did not exist, we are producing more now than during the Trump era.

Fewer parties produce more so they can jack up prices. Did you not see my pizza shop example?

 

[marvin martian]

That would be true if the current production numbers did not exist, we are producing more now than during the Trump era.

"Drill, baby, drill!" -Joe Biden

 

[AzogtheDefiler]

You wet yer pants, again.

Nope

That’s you, old man.

Boomer

 

[Moonglow]

Nope

That’s you, old man.

Boomer

Hardly, I am not scarred.

 

[Moonglow]

"Drill, baby, drill!" -Joe Biden

Uhm, the oil industry in the US is not owned or operated by the US Government....

 

[AzogtheDefiler]

Hardly, I am not scarred.

Sure you are

Deep scars you possess

 

[lafayette]

Biden/Harris are not responsible for people choosing ARMs.

That is plain silly.