never thought i was gettin over.....no big deal, u can ax me when u feel like it....i'll live..........anyway all of this is pointless...the problem will never be solved by either side.....one side at least pretends to care about the issue while the other side, currently in power, pretends there is no problem whatsoever......one thing i know for sure, the party in power is gonna take an ass whoopin in november......nothin even to do with the border, people since the beginning of time vote with their pocketbooks, and people cant even survive right now.......
0
@wallstreetcappers
never thought i was gettin over.....no big deal, u can ax me when u feel like it....i'll live..........anyway all of this is pointless...the problem will never be solved by either side.....one side at least pretends to care about the issue while the other side, currently in power, pretends there is no problem whatsoever......one thing i know for sure, the party in power is gonna take an ass whoopin in november......nothin even to do with the border, people since the beginning of time vote with their pocketbooks, and people cant even survive right now.......
People are reactionary and blame the current politician for problems that are multiple years in the making. Gas inflation is not the only inflation and the rampant food inflation situation is bad for sure but corps have been rigging product sizes for decades and that is also food inflation yet nobody notices so it does not exist right? And since the CPI removes that aspect and also is unit based, real food inflation is hidden but always there. The only way corps can increase stock price is to slip in regular food inflation and do so in a stealth way like using three decimal places on product weight and lowering it often, that is how most companies like P&G can force growth, by product size manipulation.
I am more worried about the supply side of the problem versus pricing...pricing we have control over, if I want to buy something I can do that irregardless of price, but if supply does not exist then I have no alternatives so for me the focus of our current situation has to be on shoring up supply and fixing the issues that impact those who are producing our food.
Gas prices are also a variable we can control, maybe people need to quit driving gas hogs around town and evolve into smarter consumers like has been the case in Europe for a long long time. Ive changed my driving habits and tried to conserve in most all aspects as a means of dealing with higher prices.
As long as the abusive stuff in the past doesnt happen or personal attacks etc then we have the option of allowing certain things to exist but I was just saying that because your style is too blatant to not notice...
0
@montepire
People are reactionary and blame the current politician for problems that are multiple years in the making. Gas inflation is not the only inflation and the rampant food inflation situation is bad for sure but corps have been rigging product sizes for decades and that is also food inflation yet nobody notices so it does not exist right? And since the CPI removes that aspect and also is unit based, real food inflation is hidden but always there. The only way corps can increase stock price is to slip in regular food inflation and do so in a stealth way like using three decimal places on product weight and lowering it often, that is how most companies like P&G can force growth, by product size manipulation.
I am more worried about the supply side of the problem versus pricing...pricing we have control over, if I want to buy something I can do that irregardless of price, but if supply does not exist then I have no alternatives so for me the focus of our current situation has to be on shoring up supply and fixing the issues that impact those who are producing our food.
Gas prices are also a variable we can control, maybe people need to quit driving gas hogs around town and evolve into smarter consumers like has been the case in Europe for a long long time. Ive changed my driving habits and tried to conserve in most all aspects as a means of dealing with higher prices.
As long as the abusive stuff in the past doesnt happen or personal attacks etc then we have the option of allowing certain things to exist but I was just saying that because your style is too blatant to not notice...
listen man i agree most presidents themselves actually have no real effect on the day to day lives of people, there is only so much they can do.....congress are the scumbags who only care to stay in power, not help anybody.....but, and this is a big but.....an administration can effect certain things, energy is one of them.....say whatever u want about the last president, i wont even mention his name or his party....but under our last president we became a net exporter of energy for the 1st time since the truman admin....fact...fact....cannot be disputed.....now the current admin has undermined our domestic energy producers at every turn , and u know that....day 1, keystone, leases not allowed or renewed, i could go on and on and u know im right.......this admin has made energy policy a certain way , which is their choice since they have the power, but those choices have had disastrous consequences, this cannot be debated.....is it all their fault ,no.....but when it comes to energy alot falls on them.........
0
@wallstreetcappers
listen man i agree most presidents themselves actually have no real effect on the day to day lives of people, there is only so much they can do.....congress are the scumbags who only care to stay in power, not help anybody.....but, and this is a big but.....an administration can effect certain things, energy is one of them.....say whatever u want about the last president, i wont even mention his name or his party....but under our last president we became a net exporter of energy for the 1st time since the truman admin....fact...fact....cannot be disputed.....now the current admin has undermined our domestic energy producers at every turn , and u know that....day 1, keystone, leases not allowed or renewed, i could go on and on and u know im right.......this admin has made energy policy a certain way , which is their choice since they have the power, but those choices have had disastrous consequences, this cannot be debated.....is it all their fault ,no.....but when it comes to energy alot falls on them.........
Trump was not why we were net exporters, you understand it takes 5-10 yrs from concept to exploration to production right? Speculative fracking is why we were net exporters and when oil went to zero it knocked out several BIG boys, it derailed the future projects that firms like Exxon, Conoco, Chevron etc were considering and that includes deep water drilling and fracking and it knocked out MANY frackers because the leverage they used to get loans there were covenants on those loans and those were breached and so many like McClendon's firm went under or had to re-org...that meant supply in the forward 3-5 yr period was crimped, so many projects were stopped and that does not impact supply at that time, as concept to delivery takes years but it for sure cemented that the situation we are in now is directly due to that event. Many cut dividends, many stopped even basic expansion projects but most all stopped ANY speculative activities. THAT is why supply now is reduced, not Trump v Biden and the reason why supply was high for Trump was not from Trump but from 5-10 yrs before, after the financial crisis recovery that period caused for more speculation and growth prospects.
The reason why we were energy indy was from one source and only one source...you know what it is, the FED. If rates were not zero for the last 10 to 15 yrs fracking never comes to fruition as we saw it and we would never have been indy anything. So thank Janet and Ben because their loose dove policy caused a speculative playground similar to what we saw in housing in 2005-2008, speculative fracking from low interest rates meant the cost of financing was near zero and many including Chesapeake leveraged enormously and risked it all and it destroyed their company.
So Biden cannot turn a switch on and allow spec to return and force Exxon or RDS to open up ultra deep drilling, even if he opened all of Alaska for the drilling it would take several years for that to make an impact. The best we can hope for is Ukraine to settle down and demand to slow, that will cause prices to drop...or a recession in general would spook the oil market and that would reduce prices too.
Biden will be gone before any of his decisions hit the pump for any extended period of time, the life cycle for crude is multiple years.
0
@montepire
Trump was not why we were net exporters, you understand it takes 5-10 yrs from concept to exploration to production right? Speculative fracking is why we were net exporters and when oil went to zero it knocked out several BIG boys, it derailed the future projects that firms like Exxon, Conoco, Chevron etc were considering and that includes deep water drilling and fracking and it knocked out MANY frackers because the leverage they used to get loans there were covenants on those loans and those were breached and so many like McClendon's firm went under or had to re-org...that meant supply in the forward 3-5 yr period was crimped, so many projects were stopped and that does not impact supply at that time, as concept to delivery takes years but it for sure cemented that the situation we are in now is directly due to that event. Many cut dividends, many stopped even basic expansion projects but most all stopped ANY speculative activities. THAT is why supply now is reduced, not Trump v Biden and the reason why supply was high for Trump was not from Trump but from 5-10 yrs before, after the financial crisis recovery that period caused for more speculation and growth prospects.
The reason why we were energy indy was from one source and only one source...you know what it is, the FED. If rates were not zero for the last 10 to 15 yrs fracking never comes to fruition as we saw it and we would never have been indy anything. So thank Janet and Ben because their loose dove policy caused a speculative playground similar to what we saw in housing in 2005-2008, speculative fracking from low interest rates meant the cost of financing was near zero and many including Chesapeake leveraged enormously and risked it all and it destroyed their company.
So Biden cannot turn a switch on and allow spec to return and force Exxon or RDS to open up ultra deep drilling, even if he opened all of Alaska for the drilling it would take several years for that to make an impact. The best we can hope for is Ukraine to settle down and demand to slow, that will cause prices to drop...or a recession in general would spook the oil market and that would reduce prices too.
Biden will be gone before any of his decisions hit the pump for any extended period of time, the life cycle for crude is multiple years.
Yes I am saying exactly that, the impact of government regulation or de-regulation for an industry like oil takes years to impact because planning and exploration takes years to turn from idea to production.
I keep saying the same thing, the reason for expansion was the low interest rate environment for the last 15 years, that gave financial incentive to take risk for little or no cost. Trump did nothing but allow keystone to go further than it needed to and to start to unlock restricted areas but that did not mean production came online and that it made a massive impact relative to total world production. The build from fracking took multiple years to develop, it took an enormous ammt of leveraged infrastructure, that does not happen in a few years even if the end result might be large.
The production destruction came when oil went to zero and fracking got wrecked, big oil stopped exploration and risk projects to protect their businesses and stay alive.
Try to analyze situations without partisan blinders on, you might open up that brain to new perspectives and realities..
1
@I_Need_A_Detox
Yes I am saying exactly that, the impact of government regulation or de-regulation for an industry like oil takes years to impact because planning and exploration takes years to turn from idea to production.
I keep saying the same thing, the reason for expansion was the low interest rate environment for the last 15 years, that gave financial incentive to take risk for little or no cost. Trump did nothing but allow keystone to go further than it needed to and to start to unlock restricted areas but that did not mean production came online and that it made a massive impact relative to total world production. The build from fracking took multiple years to develop, it took an enormous ammt of leveraged infrastructure, that does not happen in a few years even if the end result might be large.
The production destruction came when oil went to zero and fracking got wrecked, big oil stopped exploration and risk projects to protect their businesses and stay alive.
Try to analyze situations without partisan blinders on, you might open up that brain to new perspectives and realities..
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