US Energy Production Hits All-Time High

[elektra]

Let me remind you From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall.

Yet, a family of four making $100k can not afford a house, and food, and cars, etc..

Government numbers mean nothing.

French Fries at McDonalds cost $5 bucks, a family of four can no longer afford ice cream cones for the children. Not at $5 a cone.

 

[Picaro]

OMG I've been saying that forever!!! Especially since giving ours to the oil companies only lowers our prices by 10 cents a gallon. Fuck it. Leave it in the ground. In 100 years we will be Saudi Arabia

OR, our land won't be ruined and we will all be driving battery cars.

It doesn't lower domestic costs at all, actually; local producers sell at market prices same as every other producer on the planet.

Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA)

www.eia.gov

In 2023, the United States exported about 10.15 million b/d of petroleum to 173 countries and 3 U.S. territories (American Samoa, Puerto Rico, and U.S. Virgin Islands). Crude oil exports of about 4.06 million b/d accounted for 40% of total U.S. gross petroleum exports. The resulting total net petroleum imports (imports minus exports) were about -1.64 million b/d, which means that the United States was a net petroleum exporter of 1.64 million b/d in 2023.

 

[sealybobo]

Democrats are the rich.

Name one republican president that got richer from being president than Obama and Clinton.

Democrats are the rich and do nothong for the middle class.

Democrats sent our industry to China!

Dick Chaney. How much did Haloburton make?

Jared got $2 billion from the Saudi's.

No one will pay Bush for speaking engagements. His name is mud

Obama is worth $48 million. The Saudi's gave Jared 2000 million dollars. That's a lot more.

The saying in Washington is there are legal ways for politicians to make money. Hillary did it the legal way. Her foundation wasn't shut down. You just can't be comically corrupt, which Trump was. His foundation got shut down.

Republicans are the party for the rich. For corporations. Small and big. None of you want to pay employees more but you defend CEO pay when it goes up 1322% in the same time ours only went up 18%. Explain that. Why do you suck CEO dick if you aren't the party for the rich?

 

[elektra]

Dick Chaney. How much did Haloburton make

Obama is worth $48 million. The Saudi's gave Jared 2000 million dollars.

Nobody is richer than democrats. Obama is worth over $70 million. You prove your ignorance again just like you proved it telling us Biden was healthy enough to be president.

The Saudis gave billions to an investment firm, not to Jared.

Dick Cheney? He aint even close to having Democrats wealth.

Democrats are the rich

 

[Picaro]

Republicans are the party for the rich. For corporations. Small and big.

Actually they hate small business. Robert Bork and John Kenneth Galbraith were both big fans of monopolies and too big to fail. Both were technocrats who believed big corporations know best, and both lobbied against anti-trust laws and enforcement. they both just used different bullshit to peddle their hatred of little people.

Goliath: The 100-Year War Between Monopoly Power and De…

A startling look at how concentrated financial power an…

www.goodreads.com

Very good timeline of the takeover from 1960 to the present. Republicans have never been for free markets' and 'free enterprise' in practice.

 

[sealybobo]

Yet, a family of four making $100k can not afford a house, and food, and cars, etc..

Government numbers mean nothing.

French Fries at McDonalds cost $5 bucks, a family of four can no longer afford ice cream cones for the children. Not at $5 a cone.

Let's take the first thing you said (a family of four making $100k can not afford a house, and food, and cars, etc..)

Wasn't that true when Trump was president? 2 parents making $50K each and to have 2 kids? Yea, that's not a lot of money.

According to a SmartAsset study, a family of four needs to earn at least $106,903 per year to cover necessities in most US states.

According to the U.S. Census Bureau, the median household income in the United States in 2019 was $68,703

According to a 2024 study by SmartAsset, the median household income in the United States is $77,345

 

[sealybobo]

Nobody is richer than democrats. Obama is worth over $70 million. You prove your ignorance again just like you proved it telling us Biden was healthy enough to be president.

The Saudis gave billions to an investment firm, not to Jared.

Dick Cheney? He aint even close to having Democrats wealth.

Democrats are the rich

Fact is, you side with CEO's not labor so you are the party for the rich.

 

[Picaro]

the median household income in the United States in 2019 was $68,703

Barely above minimum wage adjusted for real inflation, and in many cases represents two incomes combined.

 

[Picaro]

Most industries now are dominated by a handful of companies, especially tech.. Such agreements essentially remove freedom of choice for skilled labor. And, govt. trains most of the educated employees to boot. Employers think they're entitled to free employee training these days as well as believing employees are their personal property, a reason they love Red China now, where that is indeed the case; they love those work contracts over there

 

[ding]

Aramco became Saudi Aramco in the 1980s per the concession agreement.

What company?

Several.

 

[marvin martian]

You also can't be a racist company and do business with the federal government.

Not true. The DNC, which is the most racist organization in American history, does plenty of business with the federal government.