Does a "Clean Energy" disaster loom off our coasts?

On and on you fabricate and post falsehoods such as we seem to worship DJT. Once again addressing and disparaging your opponents rather than addressing our positions.

Good grief, the Democrats are responsible for high gas prices, high inflation, high border crossings, and the high loss of life in two unnecessary wars. Did I address economics and politics? You bet!

 

Van, the Republicans have been in control of the House and the Senate and the presidency a lot during the 21st century, and things have not exactly been a bowl of cherries in the United States, nor the world, when the Republicans have been in positions of power.

The United States does not run the world, regardless of the desires of the neoconservatives.

Now it may simply be the best of an ugly contest, but the United States has the best economy in the world currently.

Donald Trump told the Republicans to kill the immigration bill, a subject that the Congress has not addressed in around 40 years. And the issue is still not addressed because of Donald Trump and weak-kneed Republicans.

Inflation is caused by the Federal Reserve increasing the money supply beyond the increase in productivity, and a lot of that increase is because of the profligate spending of the Republicans and the Democrats in Congress, that they do not have the courage to raise the revenue to pay for.

 

I now understand the claim, but I doubt its validity. When Russia invaded Ukraine, gasoline prices in Europe rose about 160% in Europe and about 90% in the USA. If we were net exporters of crude oil, then an increase in import price will not cause the huge increase. One would think we would offset the cost of importing foreign oil with the price of higher export. Something does not add up, and I do not trust in things that do not ring true. Are we buying high price import oil, and selling low price export oil?

Is this the claim, thus passing the cost of this insane business practice to USA consumers?

 

Folks, this poster just posts the talking points, all fictional, of the godless left.

When have the Republicans been in control of the House, Senate and White House during the 21st century. Under the RINO G. W. Bush, 2003 - 2007 and for two years under DJT, 2017 - 2019. Since when is six out of twenty-four equated with "a lot?"

Did anyone say the USA "runs the world?" Please provide a quote or admit you fabricated yet another strawman argument.

The US economy was better in the pre-covid years under Mr. Trump then our sick economy now.

The "allow numerous migrants" before enforcing our border bill was a fig leaf bill to provide political cover for the open border Democrats.

Inflation was caused by the Biden/Harris administration's failed domestic (war on fossil fuel) and foreign (failure to preclude Russia's invasion of Ukraine and Iran's proxy war on Israel) policies.

The Biden/Harris administration inherited an inflation rate of 1.4%, but their feckless policies resulted in crushing inflation.

 

I do not believe any government source information with the godless left in control. They make fictional claims all the time, recall the Laptop was likely Russian disinformation? Or the Democrats had evidence Mr. Trump was a Russian agent? Or the number of jobs? I could go on and on.

1) I do not see how exporting oil which requires importing oil keeps costs down when imported oil is higher priced.

2) Bribing countries with low cost crude oil does not keep our price down.

3) We export finished petroleum products and natural gas to Mexico, but we import crude oil.

 

I was not referring to controlling all three at the same time. But, since you brought it up, the Democrats only controlled all three at the same time for even less years - four years versus six years for Republicans - President Obama, 2009-2010, and President Biden, 2021-2022.

You were the one that claimed the United States government, while Joe Biden has been president, was responsible for Vladimir Putin's decision to invade Ukraine and for Hamas' attack on Israel - if those are the two wars to which you are referring. I seriously doubt that President Biden told Putin to invade Ukraine nor Hamas to attack Israel. Seems to me the blame lies for those two things on Putin and Hamas.

GDP change per year:

President Trump:

2017 - +2.5%
2018 - +3.0%
2019 - +2.5%
2020 - -2.2%

President Biden:

2021 - +5.8%
2022 - +1.9%
2023 - +2.5%

If one excludes 2020 and 2021 due to the worldwide pandemic, Trump's average for the three years before then was +2.7%, while Biden's average for the two years after then was +2.2%. Thus, not really much difference.

Mere political talking points by Van to cover the failure of weak-kneed Republicans in the Congress to stand up to Donald Trump's opposition to improving border security.

Generally speaking, the only impacts that Presidents have on a general rise in the level of prices is:

1) Proposing additional spending that the Congress passes, without offsetting it with spending cuts elsewhere or raising revenue to pay for it.

2) Signing the spending bills and tax bills passed by the Congress that result in a budget deficit, to the extend that it is monetized by the Federal Reserve.

Inflation is caused by the Federal Reserve increasing the money supply beyond the increase in productivity, and a lot of that increase is because of the profligate spending of the Republicans and the Democrats in Congress, that they do not have the courage to raise the revenue to pay for.

 

So you are saying imported crude oil is cheaper the pumping domestic oil? Thus by importing more oil, we would lower gasoline price, but by "drill baby drill" we will raise the price of oil? I doubt it.

If we lack the refining capacity to refine our domestic crude, the problem is probably the regulatory barrier to building what we need, due to the Democrats.

 

I spent 39 years working in the oil industry, and three summers during college before that. All crude oil is not the same.

Sour crude oil is cheaper than sweet crude oil. Refineries in the U.S. converted years and years ago to being able to refine the sour crude oil because they could make more money in doing so, not because of any "regulatory barrier".

 

I didn't say we should just look at GDP.

I didn't say that he couldn't.

Yes, but the total amount of national debt cannot be ignored. Even with economic growth, it would be foolish for the United States to keep doubling the national debt as it did from 2014 to 2014.

You would have to quote the exact comment, but I imagine she was meaning that the rate of inflation has come down from the high it reached when the U.S. economy came out of the greatly depressed economic activity during the worldwide pandemic and resumed normal activities again.

 

Split control results in the Dems and the RINO's producing disastrous programs.

The foreign policy of the Biden/Harris administration resulted in "failure to preclude Russia's invasion of Ukraine and Iran's proxy war on Israel."

True

The fig leaf border bill was a, wait for it, fig leaf.

1) Deficient spending of wasteful programs like the "green new deal."

2) Waging a war on fossil fuel, increasing energy prices.


Blaming the Fed for inflation is the talking point of the Blame-shifter Democrats.

 

Yes. I spent about 30 of those years accounting for the crude oil supply for our two U.S. refineries - pipelines, exchanges, foreign crude oil ships, also some oil lease accounting, and also about 4 years or so accounting for one of the refineries and its activities, as well as a little bit of ethanol plant supply, during our brief foray into that world. The last 4 years were just kind of a hodgepodge of different accounting stuff until I was put out to pasture in late January 2017, when the company had a reduction in office staff.