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re: Brandon calls on the O&G industry to become non profit

Posted on 7/2/22 at 7:32 pm to
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
73946 posts
Posted on 7/2/22 at 7:32 pm to
quote:

This is how Venezuela collapsed. Price controls destroyed output and private investments into assets and maintaining equipment.



That’s the whole idea.
Posted by nated14
Baton Rouge
Member since Nov 2009
896 posts
Posted on 7/2/22 at 7:34 pm to
Exactly they aren’t selling how much the tanks in the ground cost to fill they are selling that to pay for the next tank.
This post was edited on 7/2/22 at 7:39 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
170291 posts
Posted on 7/2/22 at 7:45 pm to
I used to own a gas station. You generally mark your gas up to cover CC processing cost then add about a nickel per gallon profit on top of that. Anything more and you aren't competitive. Gas is only to bring people into the store to buy other stuff which is why some places (Walmart, Costco) etc will sometimes sell it at a loss.
Posted by Figgy
CenCal
Member since May 2020
7651 posts
Posted on 7/2/22 at 7:48 pm to
This could only come from someone so detached from the day-to-day realities of the private sector. He and his ilk don’t care about the downside here. They’ll benefit from it. If someone is stupid enough to listen to this they’ll be out of business is no time whatsoever.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68855 posts
Posted on 7/2/22 at 7:52 pm to
quote:

When you realize that this fraudulently installed administration's agenda exactly mirrors the Venezuela blueprint, you have the ultimate epiphany that these actions are very deliberate and are being executed to hasten the total collapse of America.


quote:

Venezuela bans private gun ownership
(2012)

Posted by Klark Kent
Houston via BR
Member since Jan 2008
67151 posts
Posted on 7/2/22 at 7:59 pm to
i don’t doubt that, i work on the corporate side…..
Posted by Corso
Atlanta
Member since Feb 2020
11441 posts
Posted on 7/2/22 at 8:03 pm to
quote:

When you realize that this fraudulently installed administration's agenda exactly mirrors the Venezuela blueprint, you have the ultimate epiphany that these actions are very deliberate and are being executed to hasten the total collapse of America.


100% this. He even has the Chinese State Media tweeting in agreement with him. They are taking billions of tax dollars from us and moving it into Ukraine as a nest egg for the aftermath. Same with the trillions of dollars in covid money while they handed out $3000 to satisfy the little people. How much more obvious can it be
Posted by White Bear
Yonnygo
Member since Jul 2014
14997 posts
Posted on 7/2/22 at 8:05 pm to
Jesus this Biden dude is a god damn moron.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
20192 posts
Posted on 7/2/22 at 8:16 pm to

He’s got the recipe to make Venezuela, and he’s missing the price ceiling ingredient.
Posted by East Coast Band
Member since Nov 2010
63961 posts
Posted on 7/2/22 at 8:18 pm to
quote:

This could only come from someone so detached from the day-to-day realities of the private sector.

Further, Biden has nit even been in charge of anything in Government.
At least a governor or even a mayor has to be in charge of running something. Pudding brains has spent his whole life in Government just riding along.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
16733 posts
Posted on 7/2/22 at 8:20 pm to
His message is focus group tested and likely a useful diversion. I can see how this works with much of our population.
Posted by TigerOnThe Hill
Springhill, LA
Member since Sep 2008
6915 posts
Posted on 7/2/22 at 8:21 pm to
quote:

War, what is it good for. Absolutely Nothing. Say it again.


quote:

Fixed it for you. Ain’t many around that remember that song!


I do! A good song from back in the day.
Posted by dbbuilder79
Overton NV
Member since Dec 2010
4367 posts
Posted on 7/2/22 at 8:25 pm to
quote:

Klark Kent



quote:

you may or may not believe this, you probably will considering you know the IRL me.



Intriguing.

Do you wear glasses?
Posted by RobertFootball
SC
Member since Mar 2021
1337 posts
Posted on 7/2/22 at 8:28 pm to
How’s Brandon going to makeup the tax revenue if they become non profit?lol
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67151 posts
Posted on 7/2/22 at 8:32 pm to
lol. negative ghost rider
Posted by catnip
Member since Sep 2003
16357 posts
Posted on 7/2/22 at 8:36 pm to
Socialism. Government wants badly to own the big money makers.
Posted by LRB1967
Tennessee
Member since Dec 2020
17700 posts
Posted on 7/2/22 at 8:38 pm to
I call on Joe and the Ho to resign for the good of the country.
Posted by burke985
UGANDA
Member since Aug 2011
25596 posts
Posted on 7/2/22 at 8:40 pm to
Dumbest mf to ever grace the Whitehouse
Posted by UAinSOUTHAL
Mobile,AL
Member since Dec 2012
4909 posts
Posted on 7/2/22 at 8:51 pm to
Potato realizes that gas stations don’t make money on gas they make money on people coming in the store and buying stuff. Of course he doesn’t.
Posted by Taxing Authority
Houston
Member since Feb 2010
58328 posts
Posted on 7/2/22 at 8:53 pm to
quote:

this is a time of war and global peril.




quote:

Bring down the price you are charging at the pump to reflect the cost you’re paying for the product.
Was there some crash of oil prices no one heard about?

He should have a look at the cost of capital, if he thinks production has sudenly gotten cheaper. HINT: It hasn't.
This post was edited on 7/2/22 at 8:55 pm
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