cancel2 2022 (03-01-2021), Matt Dillon (02-26-2021)
I choose my own words like the Americans of olden times........before this dystopia arrived.
DARK AGES SUCK!
cancel2 2022 (03-01-2021), Matt Dillon (02-26-2021)
This is not complex. Oil, gasoline, jet fuel, etc. is either used or stored. Over the last year, we have used far less of all, especially jet fuel. Some airports have seen a 98% reduction in air flights. There is a limited amount of storage capacity. You cannot just dump it out in a field, and go back and grab it when you need it.
We are just about at 100% of capacity. You are talking about us running out of fuel, when the reality is we are running out of places to put the excess fuel.
This is the time the President has an essential part to play. Oil companies are not allowed to coordinate, because that would be anti-market activity, but they are allowed to coordinate with the White House. trump told all the oil companies that they could produce at full throttle, and that the other oil companies would reduce production. That caused too much oil to be shipped, without anywhere to put it. The penalties on not offloading the oil caused oil and oil futures prices to go negative. For a while there, you would be paid money to take oil.
This is one of the biggest market malfunctions ever. It is bizarre enough that it will be remembered for thousands of years.
That is a real problem, because the American oil industry is very capital intensive. Investors do not want to invest in such a iffy industry.
Biden has declared war on oil, there'll be gas lines around the block before you know it.
Also costs will go up for everything, moreso for things involving plastic.
America runs on fuel, and Biden intends to starve her for fuel.
In b4 somebody dies in Yankee country for lack of availability of heating oil.
Callinectes (03-01-2021), cancel2 2022 (03-01-2021)
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
Matt Dillon (03-01-2021)
I did actually. Quite a bit. I did the same when Yellen did it as well. It's a novel thing called having basic beliefs and principles. (In your defense your whole shtick is trolling so you wouldn't be expected to have a core set of beliefs.)
The market jumped last week on Powell's announcement that he was keeping interest rates low for the foreseeable future. Why don't you share with us your support, or disagreement, with the assets bubbles the Fed has created this past decade with their low interest rates.
cancel2 2022 (03-01-2021)
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
Oops ...
ONE-N-DONE, YOU GOT PLAYED; Time To Play-On
Remember ... ELECTIONS HAVE CONSEQUENCES ... So STFU Bitch
No he has not. Declaring war would have involved making a public declaration, which has not happened.
God, I hope so. We have been on the edge of deflation for decades now.
Oil prices will return to the norm, and may go up from there over years.
What exactly is "the norm" for oil prices, faggot?
All of America getting fucked as in Carter--->Trump days, or pre-Carter days before he messed it all up, motherfucker?
Gas is already up over $1/gal and that will keep going up.
Also, everything is now more expensive @ Wally World.
Milk's up over $1/gal and eggs are up 50 cents
This will not be stopping anytime soon.
Time to start a chicken coop and maybe buy a cow or source local milk.
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