Inflation check: Gas, cars, truck prices rising

Discussion in 'Latest US & World News' started by sec, Aug 13, 2021.

  1. Zorro

    Zorro Well-Known Member

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    JET3534 and Wynn Sayer like this.
  2. Zorro

    Zorro Well-Known Member

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    No surprise that dumbest president ever may prove to be the worst president ever:

    [​IMG]
     
  3. independentthinker

    independentthinker Banned

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    But it's only temporary.
     
  4. Giftedone

    Giftedone Well-Known Member Past Donor

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    Don't see how any of this is the fault of democrats ? - other than being part of the broken clown show we call Gov't ?
     
    Last edited: Aug 14, 2021
  5. FrankCapua

    FrankCapua Well-Known Member Past Donor

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    Why did you deserve 3 stimulus checks?
     
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  6. Wynn Sayer

    Wynn Sayer Newly Registered

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    Trump was for domestic steel and gas production, not importing it at all.

    Blame OPEC? Why? OPEC didn't stop domestic production of gas, Biden did.
     
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  7. truth and justice

    truth and justice Well-Known Member

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    And that is why prices have gone up as predicted as soon as Trump enforced huge steel tariffs. Basic logic really. Do you want the US steel company workers to have a salary decrease?
    Higher gas prices means that the US can restart their gas production which had to be shut down due to the uneconomical low gas prices. Trump threatened OPEC if they didn't reduce supply . I thought Trump supporters were in favour of oil jobs for American workers?
     
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  8. Canell

    Canell Well-Known Member

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    Aright, I don't mind that. :)

    Well, they are the main "player" on the oil market. It's not me who determines the price of Brent, no?
     
  9. Wynn Sayer

    Wynn Sayer Newly Registered

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    The US was not needing any of their services before Biden shut off the taps.
     
  10. wgabrie

    wgabrie Well-Known Member Donor

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    I was under a certain income threshold and working with the public during an epidemic. Not everyone qualified for the unemployment checks.
     
  11. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

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    Your analogy makes some sense except that the stick jabbed into the bicycle spokes was occurring a full year under Trump.

    And the slowdown of production from oil producing countries was modivated by the threat from Trump to stop military support for any country that would break the ranks of keeping oil production slow-downs - (To increase oil prices).

    It is amazing Trump's main success was to creat a "New World Order of Oil Cartel". Trump's military threat was against ANY oil-producing country.

    Note that all countries know well that the USA, both armanents and USA troops, under Trump would attack ANY country who didn't include in the "slow down'. "Wars' such as Iraq are filled with voters who are willing to use even the most flimsy and manufactored excuse to go to war.
     
  12. Zorro

    Zorro Well-Known Member

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    Fake News.

    Trump did a very good job with gasoline prices. Biden fkd it all up rather quickly.

    [​IMG]

    3 different Presidents, over 20 years, kept Afghanistan out of the hands of the Taliban, Biden managed to hand it back to them in less than 8 months. He has a reverse Midas touch, he manages to turn whatever he touches into crap.

    This will be the tell when the Left admits that Biden has completely screwed up. Rather than trying to argue that the Biden policy is actually a success, they will admit that the Biden policy is a complete failure when they try to blame it on Trump.

    Biden's just starting. By the end of his miserable term, you'll likely have a lot more practice in trying to blaming others for this miserable fool's failures.​
     
    Last edited: Aug 15, 2021
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  13. ricmortis

    ricmortis Well-Known Member

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    Partially true. But, if Democrats were not in power, inflation would not be even nearly as bad as it has been this year.
     
  14. sec

    sec Well-Known Member

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    Biden is a figurehead. Do you really think he makes any of these decisions? He is like Obama; just smile, go on tv and the rest of us will run the govt; and you will be handsomely rewarded
     
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  15. Zorro

    Zorro Well-Known Member

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    Or, he gets belligerent and angry and demands his way no matter how unreasonable.

    [​IMG]
     
  16. Shinebox

    Shinebox Well-Known Member

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    Used car prices have done me well ... we moved to Arizona 2 years ago now and my Euro wife just had to have a Jeep Wrangler with the big tires/wheels so I bought her one and let the dealership put on all the goodies ... she couldn't drive or park it because it was so wide ... it basically sat unless we took it out to the desert and then she bitched about me scratching the damn thing ... sold it for more than I payed 3 months ago and happy happy ... she is now in a Mazda CX-5 ...
     
  17. 10A

    10A Chief Deplorable Past Donor

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    “For all my skepticism about taking the job [VP], it’s been the most worthwhile thing I’ve ever done in my life. I can die a happy man not being President.” - Joe Biden 2014
     
  18. Mircea

    Mircea Well-Known Member

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    He's no dumber than people dumb enough to believe that the Keystone Pipeline has any bearing on gasoline prices.

    Is there some part of "Canadian tar sands" that you don't understand?

    Assuming you understand basic high school math and chemistry, and assuming you're not a science denier, I will prove exactly how wrong your Göbbelistic cartoon is.

    Let's look at the oil assay for Peace River in situ:

    Light Gas Oil: Yield, volume% 7.66

    Do you even know what to do with that?

    I'll show you: 42 gallons * 7.66% = 3.2172 gallons gasoline

    3.2 gallons of gasoline is what you get from a 42-gallon barrel of crappy Canadian Peace River Tar Sands.

    In case you don't get it, the operand in "Tar Sands" is tar.

    But, hey, I'm all about Truth & Fairness --a quality most wannabe Conservatives lack -- so we'll look at the other 4 crappy Tar Sands, you know, for comparison.

    Wabasca Primary: Light Gas Oil, Yield, volume%: 9.85

    42 gallons * 9.85% = 4.137 gallons gasoline. Wow-wee-wow!

    Cold Lake Thermal: Light Gas Oil, Yield, volume%: 9.59


    42 gallons * 9.59% = 4.0278 gallons gasoline. Baby! We're rockin' now.

    Athabasca Mining: Light Gas Oil, Yield, volume%: 10.42

    42 gallons * 10.42% = 4.376 gallons gasoline. Yay!

    Athabasca Thermal: Light Gas Oil, Yield, volume%: 10.22

    42 gallons * 10.22% = 4.2924 gallons gasoline.

    Well, that's a let down. The reason you import Dubai Light is because you get 29 gallons of gasoline from a 42-gallon barrel; Saudi Light because you get 26 gallons of gasoline; Brent Blend because you get 21 gallons of gasoline; and you don't have to import West Texas Intermediate, but you do get 19 gallons of gasoline.

    On the other hand, Illinois Intermediate yields only 13 gallons of gasoline from a 42-gallon barrel of oil.

    California Heavy, Oklahoma Heavy and other heavy oils produce about 9 gallons of gasoline from a 42-gallon barrel.

    A Big Brain would then come to the following realization:

    1) You haven't built an oil refinery since the early 1970s.
    2) You currently have 168 operating refineries of which 19 are owned by oil companies, namely, Royal Dutch Shell (foreign), Citgo (foreign), Lukoil (foreign), Hess (foreign) and British Petroleum, which I guess is now American since Amoco bought them, Texaco, Conoco, Exxon-Mobil and Marathon. The other refineries are own by private non-oil companies like Valero, NuStar, Hunt, Motiva, etc etc.
    3) You had only 16 refineries producing gasoline, but one in New Jersey shut down permanently about 3 years ago. Converting refineries to produce more gasoline is a no-win situation, since that creates a shortage of the petro-chemical feed-stocks you need for Borg-like Life-Style, so any savings on gasoline is lost through higher prices for everything else you consume in your locust-like state.
    4)Accordingly, your annual Supply of Gasoline is fixed and capped at the maximum capacities of those 15 refineries assuming they produce 100% flat out 24/7, meaning each year you can produce N-gallons of gasoline and not one drop more.
    5) Importing light foreign oils with higher gasoline yields is in your best interest in order to keep gasoline supplies at their highest levels and gasoline prices lower.

    100% of Canadian Tar Sands running through Keystone were intended for export to other markets, so for that reason alone, Keystone has no possible bearing on gasoline prices in the US.

    Peace River in situ is high Sulphur, and I'm assuming you don't wanna pay $6/gallon for gasoline in order to meet EPA Tier III Standards for Sulphur set at 10 ppm per gallon of gasoline.

    Now that everyone has been sufficiently educated, we can only assume that people who keep screaming, "B-b-b-b-b-b-but Keystone!" on crowded internet forums has a secret shrine to Herr Josef Göbbels in their closet.
     
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  19. Mircea

    Mircea Well-Known Member

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    Hiden did not, but the governors of the several States did when they shut down their economies which reduced domestic demand for both oil production and gasoline production.

    Trump had nothing to do with gasoline prices and neither does Hiden. It's no wonder the US sucks. You guys can't even get basic reality right.

    Oh, wait....I get it now.

    You want Joe Hiden to send soldiers to the homes of oil service crews and force them at gun-point to get on helicopters and fly them round from well-to-well working 24/7 without even a bathroom break to uncap the wells, refill the coolant and hydraulic fluids in the machinery, vent the feeder pipelines and get those wells pumping again just so's you can be happy and pay a few cents less at the pump.

    You ain't been drinking out of Pol Pot's cup, have you?
     
  20. Zorro

    Zorro Well-Known Member

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    Fake News.

    Put your finger on election day.

    [​IMG]
    Your country sucks worse.
    And yet you are obsessed with us, rather than we with you.
    Unlikely
    Illogical
     
  21. Tejas

    Tejas Banned

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    .

    Six pack of small bottled Coke at Walmart = $3.85 [over $4.00 with tax.] That was the LAST Coke product I'm buying.

    The price had been $2.75 for over a year. But in the last couple of months the price has gone up to $3.48 and now $3.85.

    .
     
  22. JET3534

    JET3534 Well-Known Member

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    Can a Biden fan please explain how the Biden pause of oil/gas leases on Federal land did not impact oil/gas prices.

    As soon as Summer ends I plan to fire up the chainsaw and cut a lot of firewood for the wood stove. Under Biden I would not be surprised to see major energy shortages this Winter. Normally I do most of my heating with propane, but I have acres of trees if needed.

    Going forward we all need to remember what Obama said -- never underestimate Biden's ability to eff things up.
     
  23. truth and justice

    truth and justice Well-Known Member

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    The oil ppb was too low to make it worth while to extract oil/gas on Federal land so the pause made no difference. WRT to shale gas, a breakeven ppb is about $60 (or it was around 4 years ago)

    ps I'm not a Biden fan as I don't really know much about him
     
    Last edited: Aug 24, 2021
  24. fmw

    fmw Well-Known Member

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    I was shopping on line this morning for a used car and got sticker shock. I decided to delay the purchase for a hopefully better future time.
     
  25. Pollycy

    Pollycy Well-Known Member

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    Ooh, baby -- just wait until this next economic "bubble" bursts!

    Simply put, prices of nearly everything that people have to buy or contract for have skyrocketed, but very few are actually able to AFFORD to go on paying these exorbitant costs.

    The next 'popping of the bubble' is going to be more like an economic HYDROGEN BOMB... thanks mostly to the Federal Reserve central bank, central banks in other countries in 'the West', stock market 'casinos', and utterly insane amounts of government spending.
     
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