Thank you!
I was about to mention the SPR, but since I have neither the facts nor the expertise to speak on the specifics, I decided not to talk out of my arse, like a typical Libtard (zing!, because I’m shameless).
I was around when the SPR got filled at around $8 a barrel. Then, oil prices dropped to the extent that it essentially became negative -the market was paying you (based on “forward” prices) to take the oil off their hands so they wouldn’t have to pay for the costs of storage.
The good old days…
It went down?
The Strategic Petroleum Reserve (SPR), the world’s largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in supplies of petroleum products and to carry out obligations of the United States under the international energy program
Thanks, but I’m familiar with the basics, just wasn’t going to go to the trouble of getting all the specifics.
What’s left unsaid in that definition is if there’s a war, and the US gets cut off from global supplies of oil, the US has a reserve for it’s military to use; and is not left high and dry, which is why Rommel (speaking of Nazis) couldn’t finish kicking everyone’s ass and winning the war for our now cliche Hitler.
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They were simply adding more supply to better meet the demand.
Not that particular post. I’ve known about the 4B Movement for some time.
I did not know the 4B Movement has morphed into the 6B Movement until this afternoon. 
That nothing @Lonnie123 says would sway your opinion. What if he comes back with irrefutable evidence you support his position? It seems irrational to stick to your guns under those circumstances.
I had heard the rule of thumb was that crude needed to be above $50 per barrel, or fracking became unprofitable.
If conveyance costs drop the related drop in retail prices face no negatives of deflation.
And also all consumers prices that drop solely from lower supplier energy costs cause no negatives of deflation.
Energy costs could drop fairly fast, providing the added supply isn’t used to refill the Strategic Petroleum Reserves (which that would be the most prudent application of reduced energy prices.)
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I was laughing at Trump becoming a “pro-life” president because the rabid 4B women will no longer be making babies with men.
Is that like 4D chess when most of us normies have trouble playing 2D chess?..
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Lol I’m not sure what kind of irrefutable evidence could possibly exist to convince me that Democrat policy has improved the situation in Lewiston.
If we’re speaking about being rational, I’m confused at why anyone would think that it is a good idea to flood the country with migrants, get them on state benefits and get them voting however they can, even if it means subverting a few power structures here and there like they do in Maine.
That’s just immigration policy.
Rational reasons to support it would be if you’re a direct beneficiary of the benefit payout or otherwise improve your situation through it. I don’t blame anyone for wanting to get out of Somalia however they can. Another rational reason would be if you can grow wealthy through the policy, as many non-profiteers have found that they can.
I believe most Democrats support unfettered immigration for religious beliefs they hold, but may not recognize as faith-based. Diversity is our strength and the sin of questioning that belief is why they do not separate people who support reasonable immigration without massive state benefits from people who are anti-immigrant across the board. This is how they transform opponents of their policies into Nazis.
The nightmare begins:
(the “legal funding” for this is going straight into the pockets of the “appropriate” people, guaranteed; another grifter program by the sleaziest politician in the US)
Wonder what plans Adam Schiff has to line his pockets.
Best of luck to you CA residents.
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Are you intentionally unaware of the economy Trump left the current administration with ramped up manufacturing from companies such as Toyota, who directly credited Trumps policies with American manufacturing investment, as well as others? They poured their money in thanks to Trump, were delayed by Covid and the ensuing supply cost run up and are now in production mode. Trump is simply returning to his creation, and he carried a period of economic growth through what would have been a cyclical downturn in our typical Keynesian economic climate.
I know you don’t like the guy, but at least he objective.
Regarding 4b, these women will get horny. Game over. Could be fun for some of you single guys to collect 4b cards. A little game.
And the tariffs lead, at least in part, to GM firing 15,000 and closing 2 plants in the states because the cars couldn’t be made competitively priced and profitably
Most economic policies have upsides and downsides to be aware of and I do my best to stay on top of both of them and be objective about it.
Acting like trump was only a positive for manufacturing in this country, when his numbers were already in decline before COVID strikes me as being the one lacking objectivity
From the ones who’ve flown that sort of flag in my circles, I’ll pass on that game. They would probably accuse you of rape to further ascend the victimhood totem.
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Whoops - thanks for catching that… Can’t remember where I was going with the breakeven thing & got it jumbled, but meant WTI price.
Breakeven I hear numbers all over the place depending on when & who I ask about it, but generally depends on the field. I think the Permian is lower than the Eagle Ford right now.
I’m on the government affairs side of the business and tend to have high level points - we usually bring in technical folks when we need to get… technical.
I would probably be most accurately described as the quintessential “socially liberal fiscally conservative” type, but there’s nuances and grey zones in there
I bridge the gap on lots of issues, Id be for closing the borders and requiring ID to vote (provided it was easy and free to acquire, which it is not in some places) but also a more robust healthcare program and social safety net ( I don’t like tying health care to a single employer)again there’s lots of room for debate and nuance in those issues but unfortunately the discourse I often run u into to turns quickly to “SO YOU WANT TO PAY TO HAVE ILLEGALS WHO RAPE YOUR DAUGHTER TO HAVE FREE SEX CHANGE OPERATIONS?!”
Doesn’t lend itself well to reasonable discussion I find
Which is probably just as well because there’s a fair amount of evidence that facts don’t get people to change their minds anyways
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We’re more alike than I thought … fist bump