Oversite on products is one thing. Forcing a product down our throats is not capitalism. It's coercion. When they arbitrarily make one product more expensive to force another product on you. The government should have nothing to do with a "free market". Product regulation for public safety is one thing, market manipulation is another.Originally Posted by TampaJim
That sounds great but corporations only care about profits, not the environment or public health. The chemical companies for example would have killed the last Bald Eagle had it not been for the government.
Good Lord.
What is more expensive? Gasoline? The entire WORLD is paying more, most for a long time.
Iceland is around $11, our friends are there. Panama is over $6, even with pricing controls.
Energy, not utilities, is deregulated here, in respect to pricing. Government has no say in it.
Are you aware we're exporting +8M barrels per day. Because OTHERS will pay more for it.
If we passed a law banning export, our prices would drop. And companies would pump less.
They'd do it to return pricing to profitable levels. Only cure, nationalizing the US industry.
Remember when petroleum companies were losing $ on nearly every development project?
Or when the traders were actually paying to get rid of millions of crude oil barrels per day?
Maybe you recall all the defaulted loans, fracking wells, arctic exploration or other CAPEX?
My suggestion, lower your sail. Reduce your expenses, be ready. We have a long journey.
Last edited by TampaJim; 06-25-2022 at 10:18 PM.
I’ll just leave this here. If any of you actually will read something and take in new information, it should help.
https://www.eia.gov/todayinenergy/detail.php?id=42915
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I say lets get rid of the fossil fuel industry tax payer subsidies. You guys love nuclear so much, let the power companies build nuke plants without tax payer subsidies and grants. Remove the tax payer subsidies for peeker plants Lets let the power companies have a true free market and see how long you guys stay quiet.
You think Ford, GM the UAW aren't lobbying congress to get laws written with benefits for themselves? You think Ford builds a plant in Michigan because it's good business on it's own? You think GM isn't getting tax subsidies to keep jobs in Michigan? or any other location in the US?
Thanos was the hero
This seems to sum it up. I just didnt want to go there for fear of getting spanked by Al. Not trying to be sarcastic, just didnt want to take that chance. A large portion of us citizens feel this way about the green energy/ EV movement. Hell, the 250 proxs was efficient, burned clean, was relatively easy to work on but the EPA said nope cant have it. Oh...its a fast mo fo that will turn the R's. Now we got to buy a 4 stroke that is 25 % more expensive.
Pre pandemic gas here in jax fl was around low 2s. 2.10 -2.20 or so. It was cheap.
Last edited by Manatee Mauler; 06-26-2022 at 06:05 AM.
If prices dropped down to $3.00 tomorrow, would you then consume less?
Of course not. The vast majority would actually start using more petroleum.
Causing a supply and demand issue at the lower pricing, a really big issue.
Again, there's NO supply issue, none. We have untapped/capped sources too.
XOM, CVX, P66, VLO, MRO ... all publicly owned US petroleum companies.
Those are stock tickers. Each one answers to shareholders, not consumers.
OPEC answers to a mix of government leaders, mostly monarchies, dictators.
They won't even pick up the phone to answer your most pressing questions.
Again, we have no influence, none. Just the opposite, they can poke us hard.
The ONLY people with an issue ... consumers. Not those owning petroleum.
If they decide to pump more, it will be to meet true demand, not lower price.
If they see prices soften, they will pump less, moving price to restore profit.
We're a huge petroleum consumer. Leaving the US a willingly exposed victim.
We won't gain traction until we control our consumption or it's a lesser issue.
Lesser issue ... solar, wind, nuclear, biofuels, etc. Alternatives here at home.
It absolutely is. And they are about to spend billions for charging stations. I've never got gas at a government gas station.
Have you driven on a public road? Flown thru a public airport? Launched from a public ramp?
Used a public school? Needed a public first responder? Enjoyed protection from our public military?
While we're a capitalistic economy, we're not free from laws, taxes, social engineering and more.
FWIW, the EV push from government, it's far trailing BILLIONS in private development costs.
So fuel companies never received gov't grants or tax subsidies?
Thanos was the hero
I'm fine with that. While were at it get rid of the tax credits for EV's and solar. If you want to level the playing field.
Without the subsidies, tax credits, and threats/promises to end fossil fuel (the biggest factor), EV industry would collapse.
Please explain how? Any link's to studies or facts that this is true? If fossil fuel was less than $2 a gallon I could see it then.
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Last edited by Mark Perry; 06-26-2022 at 02:14 PM.
Let’s get rid of all tax payer subsidies. Get rid of EV subsidies, oil subsidies, welfare, social security. All of it. You eat what you kill.
Whatcha planning to drive on to get to town? Planning to buy anything?
It's all trucked, flown, etc. through public roads, airports and seaports.
Ending welfare? Planning to forgo ALL of your deduction & exemptions?
Are you aware the US actually subsidizes the food industry, much of it.
You’re not changing anyones mind
Our Amish community isn't interested either. It's just fine, be yourself.
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