re: Why tariffs will not cause inflation

quote:

---

Black gold is the greatest equalizer and leverage piece of them all.

---

well as we know the vast majority (75%) of production comes from private/state lands NOT federal.

quote:

---

On his first day in office, Biden signed an Executive Order to impose a temporary moratorium on oil and gas lease activities in the Arctic National Wildlife Refuge, withdrew offshore areas in Arctic waters and the Bering Sea from oil and gas drilling, and revoked a key permit for the Keystone XL pipeline. In June 2021, the Biden administration went further in ANWR and suspended oil and gas leases. In his second week in office, he signed another Order that put a “pause” on new oil and gas leasing on federal lands and offshore waters. The Biden Administration violated Congressional statute by halting all federal oil and gas lease sales – onshore and offshore – and is thereby laying the groundwork for a decline in federal production over time.

---

quote:

---

Judge Orders Biden Administration to Resume Permits for Gas Exports President Biden had paused new natural gas export terminals to assess their effects on the climate, economy and national security. A federal judge disagreed.

---

LINK

The high production is not because of BIDEN.

Here is another good tidbit

quote:

---

Recent claims suggesting that the Biden administration has granted 50 percent more oil and gas drilling permits on federal land compared to the Trump administration have been circulating in the media – and while that data is accurate, it’s a lot more complex. A closer look at the 2023 data reveals that many of the permits approved by the Biden administration were granted on land that was leased during the Trump administration. The Biden administration, on the other hand, has held the absolute minimum lease sales possible.

---

quote:

---

The Biden administration’s pace of oil and gas leasing isn’t just slow – it’s the slowest in half a century. A Wall Street Journal analysis of federal acres leased for oil and gas production over the past 50 years revealed that the Biden administration leased a historic low of 0.13 million acres during its first 19 months compared to the 4.4 million acres auctioned for lease during the first year and a half of the Trump presidency.

---

LINK

quote:

---

People always assume it's the "trash" of the world that gets sucked into things like this. It's not.

---

I’m sorry if I came across sounding like that. I know that many normal and productive people get caught up in it.
I just don’t think it’s enough to really matter if we are talking about total work force.

quote:

---

I’m sorry if I came across sounding like that. I

---

Man it's all good. I didn't mean to make it sound like you did.

quote:

---

I know that many normal and productive people get caught up in it.
I just don’t think it’s enough to really matter if we are talking about total work force.

---

I'm thinking over years. In 2022, 73,654 people died from a fentanyl overdose. Here is a chart:


LINK


I know we are talking about this drug, but other drug related deaths compound the issue.

Another issue is abortion. Not getting into agreeing with or disagreeing with. We have, however, encouraged that. 880,000 abortions were performed in the United States in 2020 alone.

In 2005, there were an estimated 1.2 million abortions in the United States. Those would be 20 years old now.

Anyway, didn't mean to suggest you were calling people trash

quote:

---

temporary

---

quote:

---

move their operations into the US

---

Do you think a CEO snaps their fingers and production moves to the US in 3 weeks?

Like a concept of a plan? Where is this process codified? Are there any penalties if they do not perform in a certain amount of time?

Where is all of this spelled out? It wasn't in the EO. Seems way too easy game as you've presented it so far.