re: Trump releases plan to defeat inflation

It's actually a good plan. Get tax revenues up, keep spending as low as you can get away with. It's all you can do.

Stop fracking …..where.. fed land.. state land.. private land … ? …regulations”.. specifics pleases.. if.. if.. they have been in office for four years.. today we are at historic production rates…

Lots of companies already have land leased.. many drilled…to hold the lease etc..

Again when trump left we had 250 rigs on average drilling… we now have 600 plus drilling.. because oil prices justify it..not politics.

I do not believe you can stop fracking on private land… and I do not believe the two party govt would ever get that far…
The mineral owner has the right to capture his commodity and value .. the surface land owner can not even stop him from drilling.
As op said drill more.. price goes down but when oil hit 60 dollars in general many resource plays will not be profitable if they drill so they will stop drilling.. ( new tech may help).

Here's the only plan that matters, balance the damn budget. American voters should only vote for candidates that will balance the federal budget, period.

People talk about crude oil production like it equates to gasoline. There are several types of crude oil that vary in usefulness for fuel production.


Anyone that says "but we are producing more oil than ever" like that has to do with fuel prices by default is too uninformed to talk inflation and fuel costs.

Crude oil production is up. Yay. Now show us how much of that is being refined into fuel....ohh... you wouldn't want to do that now would you.

The bottle neck is refinement.

So, if Kamala is elected and she passes regulations to stop fracking and limit drilling is that not going to hurt supply?


IF those regulations are passed and have any meat to them it is going to have to come thru Congress. Executive orders won't fly with the oil and gas industry. Too many powerful attorneys hitched with oil and those orders will be fought all they way to the Supremes.

When you are talking big oil, you are dealing with people that have so much money that they can have you, I, and anyone else killed with one phone call.

Anything to do with numbers makes you leftist look dumb. When it comes to the economy you’re flat out retarded.

Agreed, we need to stick to the white liberal plan.

So, yes or no. If fracking is gone and drilling is reduced does that matter?

Of coarse it matters. If the U.S. oil industry is foolish enough to willfully let fracking and forced pooling become more regulated production will decline.

But----you know who is faunching at the bit just a waiting to pick up the slack? Canada and the Middle East.

The only thing that is going to cause a massive reduction in energy prices is a world wide depression or we have a massive stack up of downstream--which does happen about once ever ten years.

So, reducing matters but increasing doesn't? I am going to watch tv with my wife. Y'all have fun.