TexanMark
Legend
Posts: 25,695
Joined: Jul 2003
Reputation: 1331
I Root For: Syracuse
Location: St. Augustine, FL
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RE: Oil and Gas
(01-22-2021 12:08 AM)Was SoMs Eagle Wrote: (01-21-2021 04:53 PM)MemTigers1998 Wrote: Killed 11,000 American jobs in 1 day on the Keystone pipeline. Way to go Sloe!
Come on man! They can just go and get another job....
AOC sez Hold My Beer!
I love talking to liberals from NYC about the Amazon deal...they dismiss it by saying they moved jobs to Manhattan or some such thing. Maybe 5-10% of the original plan...
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01-22-2021 02:56 PM |
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No2rdame
All American
Posts: 3,585
Joined: May 2013
Reputation: 381
I Root For: Memphis, ND
Location: I am Florida Man
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RE: Oil and Gas
This will hurt everyone, but particularly the poor that Sniff claims he's working for. As fuel prices rise, so do the cost of goods sold. While the middle and upper classes can at least absorb the hit, the working poor are facked. Combine inflation from that, inflation from the $15 per hour if he gets it, and add in much higher gasoline costs and congrats Pedo Joe, you've just pushed millions more right back into poverty.
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01-22-2021 03:02 PM |
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JRsec
Super Moderator
Posts: 38,230
Joined: Mar 2012
Reputation: 7926
I Root For: SEC
Location:
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RE: Oil and Gas
(01-21-2021 04:13 PM)MemTigers1998 Wrote: The man with a plan!
More like the schitt with a writ!
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01-22-2021 03:08 PM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina
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RE: Oil and Gas
(01-21-2021 06:21 PM)Ohio Poly Wrote: We are converting to electric. Less demand for oil will drop the price further.
We are a LONG way from such a market force to lower demand. Is it possible? Sure at some point after you and I are long dead. The problem is we burn a lot for power and heat and there are hundreds of other uses for oil besides fuel for vehicles. Its not going away anytime soon. Id even submit that at some point if oil had a competitor we would see the price drop to extinguish that competition. The amount of oil that is under the ground in Saudi is beyond the scope of the imagination. We are not running out of it for centuries.
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01-22-2021 03:26 PM |
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Ohio Poly
1st String
Posts: 2,374
Joined: Nov 2015
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I Root For: Ohio Poly
Location:
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RE: Oil and Gas
(01-22-2021 02:35 PM)DaSaintFan Wrote: (01-21-2021 06:21 PM)Ohio Poly Wrote: We are converting to electric. Less demand for oil will drop the price further.
Where do you think the production for that "Electric" comes from with any consistency?
Various sources but not oil.
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01-22-2021 04:37 PM |
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GeorgeBorkFan
All American
Posts: 3,089
Joined: Nov 2005
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I Root For:
Location:
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RE: Oil and Gas
(01-22-2021 04:37 PM)Ohio Poly Wrote: (01-22-2021 02:35 PM)DaSaintFan Wrote: (01-21-2021 06:21 PM)Ohio Poly Wrote: We are converting to electric. Less demand for oil will drop the price further.
Where do you think the production for that "Electric" comes from with any consistency?
Various sources but not oil.
Translation -- "I don't know."
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01-22-2021 05:36 PM |
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Was SoMs Eagle
Heisman
Posts: 8,364
Joined: Oct 2020
Reputation: 808
I Root For: Mustard Buzzard
Location:
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RE: Oil and Gas
(01-22-2021 03:02 PM)No2rdame Wrote: This will hurt everyone, but particularly the poor that Sniff claims he's working for. As fuel prices rise, so do the cost of goods sold. While the middle and upper classes can at least absorb the hit, the working poor are facked. Combine inflation from that, inflation from the $15 per hour if he gets it, and add in much higher gasoline costs and congrats Pedo Joe, you've just pushed millions more right back into poverty.
Objective accomplished.
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01-22-2021 05:46 PM |
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JMUDunk
Rootin' fer Dukes, bud
Posts: 29,605
Joined: Jan 2013
Reputation: 1731
I Root For: Freedom
Location: Shmocation
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Oil and Gas
(01-22-2021 04:37 PM)Ohio Poly Wrote: (01-22-2021 02:35 PM)DaSaintFan Wrote: (01-21-2021 06:21 PM)Ohio Poly Wrote: We are converting to electric. Less demand for oil will drop the price further.
Where do you think the production for that "Electric" comes from with any consistency?
Various sources but not oil.
Well if it’s “various” how about name us a few.
Please check your homework and make sure it’s a few that WORK.
So, No, pixie dust and unicorn farts don’t count.
(This post was last modified: 01-22-2021 07:31 PM by JMUDunk.)
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01-22-2021 07:27 PM |
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Eagleaidaholic
Hall of Famer
Posts: 10,108
Joined: Jun 2010
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I Root For: Southern Miss
Location:
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RE: Oil and Gas
I'm just waiting for nuclear powered cruise ships.
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01-22-2021 07:33 PM |
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