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Political Discussion
Reply to "$7/gallon gas is coming"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Gas leases available or being cancelled today do nothing for gas prices today. The main issue is that Saudi Arabia is siding with the Russians against the US and the west. Period.[/quote] THIS. Supply is politically constrained by Saudis/OPEC and then the Russian embargo. U.S. producers are still not back to pre-COVID capacity, but they are re-opening. Some are slow-walking it on purpose. The issue as I see it is that the transition from fossils to green will be slow and take decades. Fossil industry will have a difficult time justifying 20-30 year investments when they know more and more will be invested in green tech and EVs. What we have is a market failure that will require the federal government to step-in and coordinate sufficient supply and investment for national security reasons. [/quote] Yep. I guess I shouldn't be surprised given that 74 million people voted for Trump, but I'm constantly amazed at the sheer number of people who are operating under the assumption that presidents can control gas prices and inflation using knobs on their desk. Simpletons have simplistic worldviews, I guess.[/quote] Your statement is ridiculous. Presidents absolutely have an impact on gas prices AND inflation when they implement policies that are detrimental to economic growth AND spend money that we don't have. Biden has done both. And, then, the people in the top levels of his administration cannot even admit that gas prices are too high. [/quote] Look, one of the simpletons I was talking about.[/quote] When you can't defend your ideas, you name call. How predictable. [/quote] I can't defend my idea that presidents don't have dials on their desk that they use to control gas prices and inflation? Is that a joke?[/quote] ALL of your posts have been insults and name calling. No doubt, in an effort to deflect from the fact that you cannot refute the points being made or to defend any position contrary to what is posted. [/quote] I can very easily refute the idea that presidents don't have dials on their desks controlling gas prices and inflation, because that's absurd.[/quote]
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