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So you claim without proffering any evidence.
So THEY is Big Oil which are the same THEY that have made record profits on the current shortage? And somehow you think that Biden has thwarted their desire to benefit the American people? Okay....
Right, so how is it that the blame is shifted to the current administration? And how do you reconcile this with your previous claim that "As long as joe and his progressive leftist buds run their mouths about shutting down fossil fuels the oil companies are going to sit back and watch them cook in their own fat........." Again, do you seriously think that they would forego profits for spite?
Because "we" don't own the product; the conglomerates do. We could nationalize the industry but that is against what we stand for, is it not?
What is the "commodity bucket"? How would you expect Biden to add more oil to the supplies - hold a figurative gun to the oil executives' noggins until they make actual use of the drill leases they hold?
Yes, we currently are in an inflationary period same as most the rest of the developed world. That does not mean, contrary to the claim made in this thread, that the US dollar is collapsing much less that it is collapsing as part of Biden's nefarious plan to wreck the US.
I am surprised you don't listen to your chief.
They are making more money pumping the same amount of oil without additional expense. It is uncle joe's fault; he said he wants to get rid of fossil fuels so there goes any incentive for big oil to invest in new drilling, pumping, refineries, etc.
The progressive leftists did it to themselves......they should have kept their mouths shut and encouraged more investment. But they hate big oil so much they would rather see the people get saddled with higher and higher costs just to achieve their political aims. Now, aren't you glad how much they care about you?
No, the stockholders own the product by owning stock in the company. You really have no knowledge or background on what you are talking about here, do you?
These are commodities. Commodities - Oil, Silver and Gold Prices - CNN Business
It is gonna be hard now that uncle joe let the cat out of the bag. Big oil won't want to invest in oil knowing the progressive leftist are trying to get them shut down. Something would have to occur in market conditions or in government priorities in order to get them re-investing those profits.....like a republican admin for instance.....
So someone said something and I am supposed to know what particular something you are referring to?
So you're claiming that leftists merely saying that fossil fuels are going to go the way of the horse buggy is the reason that, even though the US is more awash in oil than it has ever been, that is the reason prices have jumped and no investment is being currently made? Drilling and refinement have not actually decrease as of yet, but your executives are so scared that the prices are up? Nothing to do with the war in Europe and Russian oil being sanctioned and boycotted, though?
And you think that the major stockholders are Americans who will insist that the product be sold at a lower price for less profit? For the good of the people...
I understand that this is just an expression, but what do you mean by it? How would the president put more oil in his "commodity bucket"? You do know that he recently released oil out of the federal strategic reserves to ameliorate the shortage caused by Russia, right? But you want him to put more in somehow for some reason?
It is hardly a secret
that we should be moving away from fossil fuels. It is past time to invest in energy for the future, not hang on to the past.
Your convoluted reasoning is more than I can comprehend. I have no idea how you arrived at your positions so I am going to stop here and quit wasting time. Good day......
It is not convoluted; it just seems so when you have to twist and turn yourself to avoid facing the evident. Cognitive dissonance can be painful, so I understand your not wanting to continue.
With everyone jumping on the bandwagon of printing more money as THE SOLUTION for dealing with COVID-19, I would argue that all currencies are “collapsing” with the US Dollar just collapsing slower than other currencies. “Printing money” always leads to inflation. That is what we have now (unsustainable growth driven by excess capital causing record unemployment and inflation) … historically followed by a “correction” (recession). Since the problem is worldwide, the correction will probably be worldwide as well.
Yes thanks to Trump there was a vaccine produced in record time that saved hundreds of thousands of lives.
Russia existed and supplied oil when Trump was president so that must not be what changed.
hold on the oil comes out of the ground in our nation and we do not own the product????
