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Message
re: Economic Update
Posted on 12/16/23 at 9:59 am to GBPackTigers
Posted on 12/16/23 at 9:59 am to GBPackTigers
quote:
The only fact you need is Biden depleted our SPR, not once, but twice to get prices to come down.
And in retrospect it probably had minimal positive effect and is nothing to worry about
quote:
Good policy would have organically had prices reduced.
The oil sector struggled to bring production back on line because that shite takes time dude. Now we're producing more oil than ever. The SPR drawdown was a stop gap measure to buy the industry time to catch up. You're welcome to disagree with it but production is driven by the private sector.
quote:
You need to open your eyes.
My eyes are open
You still didn't bring any facts. Hint - these facts should include things like numbers.
3
Posted on 12/16/23 at 10:01 am to Powerman
quote:
You still didn't bring any facts. Hint - these facts should include things like numbers.
Like $10.16?
let’s not pretend you care about facts. This post was edited on 12/16/23 at 10:01 am
Posted on 12/16/23 at 10:14 am to Powerman
quote:
The oil sector struggled to bring production back on line because that shite takes time dude. Now we're producing more oil than ever. The SPR drawdown was a stop gap measure to buy the industry time to catch up.
Here’s a thought. Stop handicapping the industry by pushing fake ideas of zero-carbon footprint and stop demonizing LNG which would make this country explode economically. The problem is that there is no grifting by the government in this type of energy so they hate it. They like to steal from taxpayers and LNG is a proven commodity so they can’t lie to us about it. It makes its own money to pay for itself.
Posted on 12/16/23 at 10:19 am to Powerman
quote:
The SPR drawdown was a stop gap measure to buy the industry time to catch up. You're welcome to disagree with it but production is driven by the private sector
The fact you might actually believe this tells me you need to be kept away from machinery and sharp objects.
SPR releases were SOLELY to force prices down prior to the 2022 elections and if you think otherwise Sheila Jackson Lee beats you regularly at Tic-tac-toe
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