Gas goes to $9.45/gallon in Mendecino, CA

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ajax18
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by ajax18 »

Hi ajax,

Basic question for you: what would you do to incentivize investment in domestic extraction if you could snap your fingers and make a change?
Put conservatives in charge of all three branches of government for the next 8 years. Fire everyone in the deep state and replace them. Give investors good reason to believe that their investments in fossil fuels will pay off and not be destroyed by climate change legislation.

Democrats control all three branches of government. They're responsible for these gas prices and need to at least own it. One thing I respect about Kevin Graham was he was willing to admit that high gas prices and inflation is exactly what Democrats wanted.
And when the Confederates saw Jackson standing fearless like a stonewall, the army of Northern Virginia took courage and drove the federal army off their land.
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by honorentheos »

ajax18 wrote:
Sun Jun 12, 2022 11:07 pm
Hi ajax,

Basic question for you: what would you do to incentivize investment in domestic extraction if you could snap your fingers and make a change?
Put conservatives in charge of all three branches of government for the next 8 years. Fire everyone in the deep state and replace them. Give investors good reason to believe that their investments in fossil fuels will pay off and not be destroyed by climate change legislation.

Democrats control all three branches of government. They're responsible for these gas prices and need to at least own it. One thing I respect about Kevin Graham was he was willing to admit that high gas prices and inflation is exactly what Democrats wanted.
Ajax,

This isn't a problem unique to the US. No one anywhere is investing in oil production infrastructure. They were not doing it when Trump was in office after the use futures delivery for May 2020 hit almost negative $40 / barrel. OPEC+, including Russia and Saudi Arabia with their over 10 million barrel a day production are in control of the tap. Trump's two best "friends" are your enemy here. And they wouldn't be bending over doing him any favors no matter what you like to imagine.

Seriously, our best long term interests come from freeing ourselves from reliance on oil. Short term? Fighting the cartel with legal actions that force them to compete. That relies on the US passing laws in conjunction with international collaboration on anti-collusion measures. And frankly until demand shows a decline relative to price, there is almost no reason to believe anyone would choose to increase supply whether they are a domestic or foreign producer.

I know it's easy to imagine this is all one political party's fault. But it's economics and globalism that don't care about your vote that underlie this matter. Those using it to leverage your vote are liars. Dreams are for those who are asleep...
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by honorentheos »

Here ajax, take a moment to look at the global growth, demand, and production numbers from May:
https://www.iea.org/reports/oil-market-report-may-2022

Note how demand growth is expected to slow but remain on the rise through the summer? What do you think that means for prices? And does that implicate Joe Biden as the cause of your wallet taking the hit if you want to keep driving the same as you did before the price increases?
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canpakes
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by canpakes »

honorentheos wrote:
Sun Jun 12, 2022 11:15 pm
I know it's easy to imagine this is all one political party's fault. But it's economics and globalism that don't care about your vote that underlie this matter. Those using it to leverage your vote are liars.

Some folks will always be hard to convince of this, even as it happens right in front of their eyes.

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honorentheos
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by honorentheos »

canpakes wrote:
Sun Jun 12, 2022 11:46 pm
honorentheos wrote:
Sun Jun 12, 2022 11:15 pm
I know it's easy to imagine this is all one political party's fault. But it's economics and globalism that don't care about your vote that underlie this matter. Those using it to leverage your vote are liars.
Some folks will always be hard to convince of this, even as it happens right in front of their eyes.
Yeah. The other side of this challenge is the knee-jerk response against globalism that fuels isolationist and nationalist, nativist views.

"Domestic prices are insensitive to domestic supply increases due to globalism? All the more reason to put America first and only rely on domestic oil we produce ourselves and do not export so we can realize true energy independence while maintaining a fossil fuel based energy sector!"

"Uh, that would require forcing domestic producers and refineries to only sell to US buyers, dramatically subsidizing infrastructure investment, almost certainly requiring US government price manipulation and turning the US energy into a controlled, command economic sector. And isn't that what you believe to be socialism...?"

"I SAID 'AMERICA FIRST!!!' AND NOTHING GOOD AMERICA DOES IS SOCIALIST!"

"..."
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by Father Francis »

ajax18 wrote:
Sun Jun 12, 2022 11:07 pm
Democrats control all three branches of government.
That super left wing Supreme Court... or someone never learned how to count to three...
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Doctor CamNC4Me
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by Doctor CamNC4Me »

ajax18 wrote:
Sun Jun 12, 2022 11:07 pm
Hi ajax,

Basic question for you: what would you do to incentivize investment in domestic extraction if you could snap your fingers and make a change?
Put conservatives in charge of all three branches of government for the next 8 years. Fire everyone in the deep state and replace them. Give investors good reason to believe that their investments in fossil fuels will pay off and not be destroyed by climate change legislation.

Democrats control all three branches of government. They're responsible for these gas prices and need to at least own it. One thing I respect about Kevin Graham was he was willing to admit that high gas prices and inflation is exactly what Democrats wanted.
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by Vēritās »

ajax18 wrote:
Sun Jun 12, 2022 11:07 pm
Hi ajax,

Basic question for you: what would you do to incentivize investment in domestic extraction if you could snap your fingers and make a change?
Put conservatives in charge of all three branches of government for the next 8 years. Fire everyone in the deep state and replace them. Give investors good reason to believe that their investments in fossil fuels will pay off and not be destroyed by climate change legislation.

Democrats control all three branches of government. They're responsible for these gas prices and need to at least own it. One thing I respect about Kevin Graham was he was willing to admit that high gas prices and inflation is exactly what Democrats wanted.
For all those words you still didn't answer his question. What specifically would you do? You see, Republicans love to complain about what could've been if only they had been in charge, but they never really say what they'd have done differently to produce a different outcome. For instance, inflation. I've yet to hear a Republican in Congress explain what could have been done by Biden to prevent inflation. All they do is offer some incoherent platitude about "his policies did it" without ever specifying which policy.

Fossil fuel companies understand that their time is ending at some point and countries all around the world are making aggressive moves to replace them with alternative fuels. We're at a critical inflection point in human history, and the future is alternative fuels. Oil companies understand this, so they're doing their "last hurrah" for their shareholders by trying to enrich themselves as much as legally possible before their time is up. You were asked specifically what you would do to incentivize them, and you responded by saying you would incentivize them by electing Republicans. Oil executives supporting the ramping up of production means taking losses for themselves and their shareholders, which means they risk losing their jobs. The only sure fire way to provide Americans with cheap gas quickly is to nationalize the oil industry.

Democrats wanted inflation and high gas prices? No, that is just being dishonest. I've never heard any Democrat say this, and politicized inflation all but guarantees the incumbent President doesn't repeat a second term, so why would they wish for that? But this is also why Republicans are loving it right now, pretending to be in dire straits over "Bidenflation" while they continue to drive their $70,000 gas-guzzling pick ups. Because putting party before country should really be the GOP's motto. All they care about is retaining power at all costs so they can go back to doing the same things that got us into this mess. Providing tax cuts for the wealthy, deregulate industries so they can continue to hammer consumers, etc.

There is a reason why the last five recessions all took place under a Republican President.
"I am not an American ... In my view premarital sex should be illegal ...(there are) mentally challenged people with special needs like myself- Ajax18
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canpakes
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by canpakes »

Vēritās wrote:
Mon Jun 13, 2022 1:01 am
For all those words you still didn't answer his question.

I’m still waiting to hear from ajax how Joe Biden made gasoline go up in cost worldwide.

I even asked Binger - who’s mumbling down in Prison about folks touching his arse - to help out, but he’s also unable to offer any explanation that supports ajax’s claim.
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Re: Gas goes to $9.45/gallon in Mendecino, CA

Post by Binger »

canpakes wrote:
Mon Jun 13, 2022 2:43 am
Vēritās wrote:
Mon Jun 13, 2022 1:01 am
For all those words you still didn't answer his question.

I’m still waiting to hear from ajax how Joe Biden made gasoline go up in cost worldwide.

I even asked Binger - who’s mumbling down in Prison about folks touching his arse - to help out, but he’s also unable to offer any explanation that supports ajax’s claim.
I answered the question. I said I agreed with you. Thanks for including me, panny. I appreciate you doing that. I agree with you so much. All your points, are my points too. When you said ajax was wrong and you said specifically what causes the price of refined products to exceed the cost of other consumer products, I was like, heck yeah buddy. Heck yeah.
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