Biden to Increase U.S. Oil Lease Fees 50% While Accusing ‘Big Oil’ of Anticompetitive Activities

The dems will try some goofy crap to steal the election.

 

And you keep ignoring sleepy Joe facts!

 

This is the 1st increase since 1920 and it's 50%! In the middle extremely high energy prices... it's like they want it to get worse.

 

What “facts” are you referring to ?

 

Realize the politically elite want Brandon to run again...The politically elite don't want Kamala as president although they'd take Kamala over Trump, for example, in a heartbeat.

The politically elite entails some dems and some GOPs but not the common American. Political elites hate the common American.

 

It's called "math."

For Zimbabwe and Venezuela and others, calculating Monetary Inflation is simple. It's just how much currency is in circulation and what's the domestic GDP.

For the US, it's far more complicated, because it isn't just domestic GDP, it's domestic GDP plus international GDP from commercial transactions in US Dollars.

Even if that were not true, when Monetary Inflation exists, the price of everything rises, and "everything" means every thing, as in every single thing, as in every single freaking thing, as in every freaking single thing including the kitchen sink.

Have subscription rates for cable, Netflix, Hulu etc gone up?

Has your cell-phone subscription rates gone up?

Have your wages gone up to match the level of Monetary Inflation? Because if Monetary Inflation is annualized at 10% then your wages will rise at 10%, too.

How about guitar strings? Pencils, pens, nails, carpet, curtain rods, DVDs, and everything else under the Sun?

It is impossible for Monetary Inflation to affect some things but not everything.

"Monetary" is the operand in Monetary Inflation. "Demand" is the operand in Demand-pull Inflation.

One is a currency issue. The other is a Supply/Demand issue.

 

Assuming it's true, you still fail.

Only 1/3rd of Exxon's revenues come from the US. The other 2/3rds come from the rest of the world.

Had you bothered to read the report, you'd also know that Exxon's increased revenues were driven by chemical sales in both the US and the rest of the world. That's chemicals used in your life and not gasoline.

 

That's 81 million VOTES! Not voters.