I wouldn’t rule out a few bad actors in the corporate sector. There will always be some looking to exploit situations and I’m fine with the DOJ looking into it to make sure it does not happen.
But Warren still sounds like she’s looking for an easy culprit to deflect blame from the real ones. Or at least attempting to reduce a very tricky global inflation environment to old popular scapegoats. And politically, it makes Dems appear to be doing something about it even though they know they’re barking at the wrong tree and nothing will come out of it.
To me this is somewhat of an illusion. Energy independence does not mean we can control prices. Even as a net petroleum exporter, unless the US government decides to tightly control exports, we’re still subject to global market prices of oil. I don’t see strict price controls in the US. It just sounds very counter the free markets system we’ve been under for decades. If we increase output, OPEC can just decrease theirs to keep the current high price levels.
For a test of this, the US is the top world producer of natural gas. We have more than enough for our own energy use. But I’d be very surprised if the Ukraine crisis does not come with a spike in domestic natural gas prices if there is a significant disruption in the production/delivery from the New Soviet Union (AKA Russia).
Correct. And it’s not about price controls. It’s about supply and demand. Right now American drillers are holding back on the supply side because of Biden’s woke policies. They will not make the necessary investments beneath current circumstances. But it is those investments which lead to increased supply . . . . which in turn paves the way to reasonably low prices.
Biden is discouraging our drillers with his fanciful green energy promises, designed to appeal to his lunatic fringe base. He is killing and/or discouraging essential pipelines. That stuff is a turnoff for the oil and NG people.
I am personally a NG source, my land being underlain with the stuff. But drilling activity is non-existent. Why drill when pipelines are being killed by woke activists supported at the very top by Biden and his minions?
So instead Biden goes to foreigners for help. And they tell him to bug off. This might make sense to you. You voted for and support the guy. To me it is all ridiculous.
Company exec comments on rising prices, tight labor markets, etc.
“the biggest thing that shifted at a high level is we’re moving from an environment of very, very easy money and below-trend inflation, which really has been a long-term trend to an environment of tighter money at above-trend inflation.” - Goldman Sachs (GS) CEO David Solomon
You make it sound like production tanked from the Trump administration. But that does not look like it to me.
In 2019, US produced 12.29 million barrels of crude oil per day. This was down 11.28 millions in 2020 under Trump, was essentially flat in 2021 at 11.18 millions and current target is about 11.85 millions in 2022.
And pipeline issues or not, I don’t think the current oil prices are a turn off to anyone. OPEC+ decided in 2017 to work hard to cut global inventories and sustain higher prices and they’ve done a very good job at that. With them holding back supply, US producers have all the incentives they need to increase output with crude nearing $100/BRL.
Talking about natural gas here is how the us production output looks like. It’s a tiny bit short of the peak production of 2019 but way increased from 2020.
Now could we increase production of both more? Probably.
Slight correction, I voted against the other guy. And I don’t really support Biden. In fact, I’m against most of his handouts/welfare policies or the extreme liberal woke policies of the AOC crowd, hate how passive and undecisive he’s been, or how Dems proved that they cannot govern with no leadership from him. But if you were suggesting that I’m not fed constant outrage koolaid from OAN or Newsmax, you are correct.
And I suspect that even knowing what we all now know you would do so again. And you didn’t mention the thousands of illegals, and the drugs, your boy has invited into this country. I guess you approve of those things.
I follow neither of those information sources. Here where I live there is no cable TV, I do not have satellite, and I do not have time to watch OAN or Newsmax on the net. If they are available where you live OTA, I am unaware. Not here, I can tell you that.
Come on. Just because someone voted for a particular politician doesn’t mean they support everything that politician’s policies lead to. You can debate without assuming the worst about someone. Shandril has not given any reason from any posts on this board to assume the worst. There have only been a couple people like that on here and I haven’t seen them in a while. Shandril is NOT one of them.
She offered a laundry list of items regarding Biden she did not like. Immigration was not on the list. But it’s at or near the top of the lists of serious Biden detractors. That is why I brought it up.
The remainder of your accusations are also without merit. You are making assumptions regarding things not in evidence.
Bottom line, immigration/open borders is a HUGE issue for MILLIONS of Americans. Just because the mainstream media ignores this affront to our country changes nothing. And when such a large Biden transgression is not top of mind, or close, for one of his supporters it is fair to assume it’s not an issue for that person.
Yes, that is fair to assume. But that’s NOT what you said. You said:
It’s one thing to say it’s not a priority based on her posts - fair.
It’s something different to claim because she hasn’t spoken on it that she approves of his handling.
Biden voters and Trump voters can’t even begin to agree on what to do about our country’s problems because the two groups can’t even agree on what the problems are. Which lends credence to the point you made in your most recent post - illegal immigration is not a priority for biden voters. But you still shouldn’t assume the worst. You’ve said multiple times on here that you’ve disagreed with Trump on a bunch of stuff. You wouldn’t like it if a biden voter assumed you were on board with his comments about a latino judge saying he couldn’t be fair to him because he is latino, so why are you making assumptions about a Biden voter like that? If you want to know @Shandril’s view on illegal immigration, ask.
It’s a distinction without a difference. You are reduced to splitting hairs.
And I stand by my earlier assertion:
Anyone listing Biden’s failures who does not mention immigration/open borders at or near the top of that list, does not share the priorities of tens of millions of Americans . . . myself included.
I do not need to ask about the thinking of a person of that sort. I already know that person is soft on immigration. Period.
Since you disagree, I invite you to enjoy the added welfare costs, the drugs, the cartels, the crime, and all the rest. Luckily for me you and your children will be living with those outrages much longer than will I. Biden scourges that detestable deserve mention unless they are not major issues for the person making the list… Deal with it!!
I’ve made several posts in the past on my views on immigration. As someone who took the very long route to legal immigration, I know the system for legal immigration is not working for the interest of the US. I’ll leave that discussion for another thread on remedies. As bad as the current system for legal immigration is, I still hate all politicians who promote granting of citizenship nilly-willy to those who broke the law to enter illegally. It rewards lawlessness, it encourages more of it. It’s beyond stupid, it’s self-defeating and amoral. Mass deportation of illegals by the cheapest humane method available is fine with me.
Voting Biden vs. Trump for me boiled down to my utter dislike of Trump as a human being. And his friendliness to Russia and Putin is a non-starter as well. Give me another decent anti-Russia GOP candidate and my vote would have likely been different.
But one must be intelligent enough wisely to choose between two poor options. Bad as Trump’s personality is, and it IS, he would not be destroying America apace as Biden now is doing. Policy trumps personality.