It's 100% Biden's Inflation

LV426 said:
Can you believe that asshole was screaming about how we only produce 8,000 barrels a day when we produced 10,000 during Trump, while OPEC produces 30,000,000 barrels a day?

Our production is a drop in the bucket compared to theirs.

Even going up to 10,000 barrels a day like these morons want is only 0.03% of the volume of oil OPEC produces each day.
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IF we didn't export any of it, there would be a good result in this nation. But profits are the key. We won't up production because Wall St. won't allow it, so the point is moot.
 
Althea said:
IF we didn't export any of it, there would be a good result in this nation. But profits are the key. We won't up production because Wall St. won't allow it, so the point is moot.
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And even if Wall Street allowed it, OPEC probably wouldn't and would adjust accordingly.
 
LV426 said:
I'd take Biden's inflation any day of the week over the recession yours and Trump's tax cuts caused before COVID struck.

Yeah, there's inflation, but with Conservatism, you get a recession.

I'd prefer 7% inflation to a recession any day of the week, particularly when we're inching towards full employment by the late summer.

My stocks and mutual funds aren't losing their value during inflation like they did during the recession you and Trump gave us because your policies always, always, always fail.
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Two things:

1) I just noticed this...'The COVID-19 recession is a global economic recession caused by the COVID-19 pandemic. The recession began in most countries in February 2020.'
https://en.wikipedia.org/wiki/COVID-19_recession

Is it called the 'Donald Trump Tax Cuts Recession' AND then the 'Covid-19 Recession'?
Or is it just called the 'Covid-19 Recession'?

Think real hard now.


2) I assume you do these 'reply to a post with 392 different quote replies' for some bizarre reason.
But I think it only fair to warn you that when you do this with me? I glance at about 10% of them AT MOST.
And even then, I only scan part of them when I am board.

But, please, keep making them. I feel marginally-satisfied when I see you do so because it means I have pissed you off/got under your skin.
And pissing off such a horrible, human being as you seem to be (and I mean that sincerely) is one of the things I enjoy most about posting on chat forums.
Though you are such an easy and obvious target...one can only play on the Easy setting before one gets board of the exercise.
Plus - you genuinely creep me out (a bit)...seriously.

And it is NOTHING to do with your political views.
You just seem borderline 'evil'...like a mass-murderer.
Seriously.

Anyway, have a nice day.
 
LV426 said:
Well it obviously didn't...but even if it did, it's still a fraction of the volume OPEC produces daily.

Let's take him at his word that we produce 5M barrels of oil a day...well, if OPEC produces 30M barrels of oil a day, wouldn't they just produce less to make up for the output, thereby keeping the price steady, or ramp up production in order to get competition out?

That's what these idiots are just refusing to consider...they think that we can operate an oil market separate and above the one the cartel currently controls, and not face any repercussions.

That's just insane.
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Because they don't think. They just share whatever talking points they are directed to spout.

It works over at Stormfront when they aren't posting here.
 
LV426 said:
And also, ramping up production to nominally increase the number of barrels per day produced in the US while OPEC produces 6 times as much is just...fucking idiotic but completely in character for these fucking dipshits.
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First...oil prices are a sham. It has been a while since we had this kind of corruption. It wasn't that long ago that oil went up every time someone in the Mid East farted.

U.S production helped with that, but now they're no different than OPEC.

IF we ramped up production oil would trade lower for no other reason than 'perception'. The futures contracts are a sham.
 
McRocket said:
1) I just noticed this
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Just noticed it, or just edited it in Wikipedia yourself in order to retcon your entire argument?

It's official: Recession began in February, ending longest U.S. expansion ever
https://www.cbsnews.com/news/united-states-recession-started-february/

In February, the US had a handful of cases, only Wuhan was locked down, and Trump was on TV telling everyone COVID was a hoax.


2) I assume you do these 'reply to a post with 392 different quote replies' for some bizarre reason.
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The reason I do multiple quote replies is because of the volume of lies and misinformation that pours from your big, fat, fuckin mouth.

I make it a point to not let any of it go unaddressed because all of it is crap.


But I think it only fair to warn you that when you do this with me? I glance at about 10% of them AT MOST
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Yes, we all know how poor your work ethic is, how you lack integrity, and how you're lazy as fuck.
 
LV426 said:
And even if Wall Street allowed it, OPEC probably wouldn't and would adjust accordingly.
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Agree. It wouldn't matter if we had a national oil company. We were producing so much under Obama, we lifted an age old restriction on exporting unrefined petro products.

Maybe we need to restrict that again?
 
Althea said:
First...oil prices are a sham. It has been a while since we had this kind of corruption. It wasn't that long ago that oil went up every time someone in the Mid East farted.

U.S production helped with that, but now they're no different than OPEC.

IF we ramped up production oil would trade lower for no other reason than 'perception'. The futures contracts are a sham.
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Remember "don't be fuel-ish" commercials with Ed Asner? Remember when we were supposed to have hit "peak oil" production globally?

You are so right...it is all a sham!
 
LV426 said:
So fucking stupid.

First of all, Trump didn't "throttle up production".

Secondly, YOU JUST ADMITTED A POST AGO THAT OPEC COULD CANCEL OUT ANY PRODUCTION INCREASES IF IT SO CHOOSES.

The ONLY WAY we achieve oil independence is if we nationalize the domestic oil industry; that's it.
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Sure sounds like Trump throttled up production to me.

When Trump delivered his first major energy speech in the fracking fields of North Dakota as a candidate in May 2016, he called for American domination of global energy supplies.

"We are going to turn everything around," Trump declared. "And quickly, very quickly."

Once in office, Trump pursued a policy of unfettered support for fossil fuel development. He immediately signed memorandums to revive the Keystone XL and Dakota Access pipelines, projects blocked by Obama. ...

He followed up, at the end of March, by issuing a sweeping executive order directing all federal agencies to target for elimination any rules that restrict U.S. production of energy. He set guidance to make it more difficult to put future regulations on fossil fuel industries and he moved to discard the use of a rigorous "social cost of carbon," a regulatory measurement that puts a price on the future damage society will pay for every ton of carbon dioxide emitted.

As his first year in office came to a close, Trump and Alaska's Republican senators inserted a provision into his signature tax cut legislation that called for opening the coastal plain of the Arctic National Wildlife Refuge for drilling.

In 2018, domestic oil production hit a record high. The result of this, among other things, was the reversal of three consecutive years of declining U.S. carbon emissions.....

The Trump administration knew no bounds for its fossil fuel agenda, pursuing drilling from the outset on pristine public lands in Alaska and the lower 48 states, where oil companies have long sought access.

Less than four months after taking office, Trump moved to lift Obama's offshore Arctic drilling ban and in July 2017 gave Italian oil company Eni a quick green light to drill exploratory wells.

In March 2018, the Trump administration proposed a resumption of leasing in Alaska's Beaufort Sea. President Obama, shortly before leaving office, had "permanently" withdrawn from drilling there.
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https://www.greenbiz.com/article/trump-administration-has-been-boon-oil-companies-and-threat-planet
 
LV426 said:
So fucking stupid.

First of all, Trump didn't "throttle up production".

Secondly, YOU JUST ADMITTED A POST AGO THAT OPEC COULD CANCEL OUT ANY PRODUCTION INCREASES IF IT SO CHOOSES.

The ONLY WAY we achieve oil independence is if we nationalize the domestic oil industry; that's it.
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You're the 2nd douchebag I've seen advocating for "government takeover of the means of production". Commie fuckass!

Make America into Venezuela and Russia? Go fuck yourself with a cactus while you think about that.

loser-meter.gif


democrat-unforgivably-stupid.gif
 
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Frank Apisa said:
The Trump fascism that is evident to anyone with a brain, Matt.

That fascism.

But allow me to give a second example:

The fascism that is evident to anyone sane.
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That you can't seem to provide a singular example of? Pretend I'm from Mizzuruh and Show Me. TIA
 
Matt Dillon said:
That you can't seem to provide a singular example of? Pretend I'm from Mizzuruh and Show Me. TIA
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I do not have to do any pretending, Matt.

If you know what the meaning of "fascism" is...and have experienced what Trump did during his time in office (and shortly after his lost the last election in a landslide)...and CANNOT see the fascism...

...then the blindness is a thing of convenience for you. It is a blindness that cannot be lifted by explanations.

Asking someone to provide an example of Trump's "fascism" is like asking someone to provide an example of Hitler's Naziism...or Stalin's communism.
 
Frank Apisa said:
I do not have to do any pretending, Matt.

If you know what the meaning of "fascism" is...and have experienced what Trump did during his time in office (and shortly after his lost the last election in a landslide)...and CANNOT see the fascism...

...then the blindness is a thing of convenience for you. It is a blindness that cannot be lifted by explanations.

Asking someone to provide an example of Trump's "fascism" is like asking someone to provide an example of Hitler's Naziism...or Stalin's communism.
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You left out Mussolini's Fascism for some reason. Why did you do that? Could it be because he was the one and only fascist ever and Fascism died with him in the 1940s?

(which puts a YUGE dent in your claim that Trump is a fascist)
 
Matt Dillon said:
You left out Mussolini's Fascism for some reason. Why did you do that? Could it be because he was the one and only fascist ever and Fascism died with him in the 1940s?

(which puts a YUGE dent in your claim that Trump is a fascist)
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The far left loons’ default position is to scream Fascism.

You are correct, real Fascism died in the middle 40’s,
 
Earl said:
The far left loons’ default position is to scream Fascism.

You are correct, real Fascism died in the middle 40’s,
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Fascism is alive and well and was on display at the Capitol on 1/6.

Speaking of 1/6, how come you weren't there that day?

Don't you believe the 2020 election was stolen?
 
Matt Dillon said:
You left out Mussolini's Fascism for some reason. Why did you do that? Could it be because he was the one and only fascist ever and Fascism died with him in the 1940s?

(which puts a YUGE dent in your claim that Trump is a fascist)
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As I suggested, chosen blindness is impenetrable.

And if you want to think that Mussolini was the ONE AND ONLY fascist ever...do so. I think it is cute.
 
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