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Message
President Trumps support for low energy prices
Posted on 7/17/17 at 8:23 pm
Posted on 7/17/17 at 8:23 pm
The President sees the "big picture" here in my opinion. Opening up more public lands and driving up the supply side up helps most the country. Imagine gasoline at $1.20-$1.50 prices and how much that extra change can help spur the economy. Almost like a tax cut in its own right.
Truth is Louisiana needs to diversify its economy the way Texas has during this rocky patch.
This post was edited on 7/17/17 at 8:24 pm
Posted on 7/17/17 at 8:26 pm to Rakim
quote:
Truth is Louisiana needs to diversify its economy the way Texas has during this rocky patch.
La. doesn't have the resources Texas has.
Posted on 7/17/17 at 8:31 pm to Revelator
quote:
La. doesn't have the resources Texas has.
Texas doesn't make excuses, you have to actively recruit and attract business to your state. Louisiana has to grow out of this gas boom and bust cycle like Pittsburgh did with Steel. We can't be so dependent on oil and gas.
This post was edited on 7/17/17 at 8:32 pm
Posted on 7/17/17 at 8:31 pm to Rakim
You can't just say diversify w/o options.
What are the viable options?
What are the viable options?
Posted on 7/17/17 at 8:34 pm to Rakim
quote:
Texas doesn't make excuses, you have to actively recruit and attract business to your state. Louisiana has to grow out of this gas boom and bust cycle like Pittsburgh did with Steel. We can't be so dependent on oil and gas.
You need a governor that's actually a leader first. Not the same type of good ole boys the people have put in power for decades. The people of Louisiana are as much to blame for the states problems as the beuracrats. They keep electing these shite heads every damn time.
Posted on 7/17/17 at 8:35 pm to Rakim
quote:
Texas doesn't make excuses,
It's not an excuse to say Texas has more natural resources. It's just a fact.
Posted on 7/17/17 at 8:38 pm to Rakim
(no message)
This post was edited on 7/17/17 at 8:38 pm
Posted on 7/17/17 at 8:39 pm to MrLarson
quote:
You can't just say diversify w/o options.
What are the viable options?
This post was edited on 7/18/17 at 10:50 am
Posted on 7/17/17 at 8:40 pm to Iosh
Not really I just wanted to trigger IBF
Posted on 7/17/17 at 8:43 pm to Iosh
quote:
Not really I just wanted to trigger IBF
Posted on 7/17/17 at 8:47 pm to Rakim
Maybe La. can open ski resorts?
Posted on 7/17/17 at 9:19 pm to Revelator
Texas is leading the country in wind energy. For wind energy to succeed all you need is a coast line, suprise Louisiana has one of those
Posted on 7/17/17 at 9:38 pm to Rakim
quote:
The President sees the "big picture" here in my opinion. Opening up more public lands and driving up the supply side up helps most the country. Imagine gasoline at $1.20-$1.50 prices and how much that extra change can help spur the economy. Almost like a tax cut in its own right.
Where are all these fed lands that are unexploited?
That aside, the only way we're getting to $1.50 gas is if US companies drill themselves into bankruptcy (possible) or OPEC floods the market in order to bankrupt American shale producers (less likely). Bottom line is this idea that sub $40 oil is sustainable doesn't jibe with the economic realities of finding and producing hydrocarbons.
Posted on 7/17/17 at 9:49 pm to cwill
How would you define sustainable mate?
Posted on 7/17/17 at 9:51 pm to Bison
quote:
Texas is leading the country in wind energy. For wind energy to succeed all you need is a coast line, suprise Louisiana has one of those
Yeah, wind has been the driving force for the Texas economy.
Posted on 7/17/17 at 9:51 pm to Rakim
Our President will finally have us back to paying a fair price at the pump after Bush and Obama allowed them to gouge us for many years.
Posted on 7/17/17 at 9:54 pm to Seldom Seen
If we could produce and export oil, where's the problem with low gas prices. Downstream can benefit from a glut.
Posted on 7/17/17 at 9:57 pm to Rakim
quote:
Truth is Louisiana needs to diversify its economy the way Texas has during this rocky patch.
Are you saying that oil, truck nuts, MAGA hats, and drive thru alcohol stores is not diverse enough? That is it, meet me at sonic.
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