CPI now up to 7.9%. No end in sight.

[BamaFan1137]

We have seen these prices before and adopted. We can survive it for a short period. The war won’t last forever and the world will slowly make up the difference, even if Russian crude is taken off the market. If you look at the futures price, oil is trading in the 75 to 80 range by the end of the year.

So what’s your solution? If by getting out of the way you mean let the oil companies just start polluting and destroying the environment, well, I don’t think that’s the right approach.

I mean cutting red tape, offering tax incentives, fast tracking permits...and generally stop being a pain in the ass to the O&G industry. As a guy who works in that industry, according to you, I'd assume that you would be ecstatic at the proposition.

 

[BamaFan1137]

When Joe Became Legend

An image tagged joe biden,biden,inflation,gas prices,russia,build back better

imgflip.com

 

[NavigatorII]

You are such a liar. Of course it effected the price...but it was climbing since the very day Brandon won the election. You and your lib friends are trash people. No morals, ZERO ethics. And I will say again, in my opinion, are the greatest threat to the United States of America that is on this planet. I know you all are not THAT stupid...but you are all evil

Russia merely exacerbated a shitty problem Brandon had already set in motion. Brandon promised me higher tax rates, higher energy costs, and a runaway train of federal spending on "feelz good" bullshit. In essence, he not only promised inflation, he guaranteed it.

 

[NavigatorII]

As a guy who works in that industry, according to you, I'd assume that you would be ecstatic at the proposition.

And now we know. Aint.no.effing.way. 😂

 

[BamaFan1137]

And now we know. Aint.no.effing.way. 😂

I've had my suspicions for a while. This pretty much puts it to bed imho.

 

[fatman76]

One thing I do find funny/interesting is that the same people who claim to believe in capitalism and letting the "free" market set the price, seem to be the same people that want the government to do something about the market when the prices get high. Yet, when/if the government gets involved, they will complain about government interfering with the free market. Interesting right?

Yes, we want the gov't to "do something".

For starters, remove regulations, build pipelines, permit places that actually have oil under them, stop cancelling leases on oil rich areas like Alaska, and don't campaign on "ending fossil fuels" and spook futures markets.

Your socialist mind immediately jumps to price controls, that's not what anyone is asking for. We're asking for sane, rational policy.

 

[NavigatorII]

I've had my suspicions for a while. This pretty much puts it to bed imho.

BScuck living in Texas makes him as much of an oil and gas expert as me living in Florida and being a solar energy expert. 😂

 

[BSC911]

View embedded media

I mean cutting red tape, offering tax incentives, fast tracking permits...and generally stop being a pain in the ass to the O&G industry. As a guy who works in that industry, according to you, I'd assume that you would be ecstatic at the proposition.

”Cutting red tape” is just a trite phrase. Which red tape? You mean like OSHA or EPA rules on oil spills? Methane emissions?
Tax incentives when oil companies are making hand over fist at these prices? That’s a waste of money
Fast tracking permits. Thats not really a problem today. There are plenty of wells waiting to be drilled. Would help in the long run.
Generally a pain in the ass also doesn’t mean anything. Specifics.

Sure, all of those things would be nice but are unnecessary in todays environment and won’t do a thing to change the current price of oil. We arent lacking for drilling prospects.

But to address the current (non)crisis of high gas prices, he could

1. Temporarily suspend federal gas taxes.
2. Relax sanctions on Venezuela and Iran (not ideal, but what’s your priority)
3. Hiring incentives to bring workers back to the industry
4. Suspend oil exports.

Im not in favor of all of these, but they would provide temporary help.

Bottom line, the Administration isn’t going to help our industry because it conflicts with their longer term environmental goals. We’ll just have to deal with it for now. I’m sure the Dems will pay the price in the next election.

 

[NavigatorII]

Yes, we want the gov't to "do something".

For starters, remove regulations, build pipelines, permit places that actually have oil under them, stop cancelling leases on oil rich areas like Alaska, and don't campaign on "ending fossil fuels" and spook futures markets.

Your socialist mind immediately jumps to price controls, that's not what anyone is asking for. We're asking for sane, rational policy.

Brandon thinks his ruse of issuing permits on dry wells is fooling us. That's fodder for the media and sheep, but we know better. And now they've been exposed.

 

[BSC911]

Yes, we want the gov't to "do something".

For starters, remove regulations, build pipelines, permit places that actually have oil under them, stop cancelling leases on oil rich areas like Alaska, and don't campaign on "ending fossil fuels" and spook futures markets.

Your socialist mind immediately jumps to price controls, that's not what anyone is asking for. We're asking for sane, rational policy.

Which regulations? You ready for more Deepwater Horizons? Oil spills?
The government doesn’t build pipelines.
We drill in Alaska. It’s not so easy.

So basically you want an unregulated oil industry. Go for it.

 

[BamaFan1137]

Yes, we want the gov't to "do something".

For starters, remove regulations, build pipelines, permit places that actually have oil under them, stop cancelling leases on oil rich areas like Alaska, and don't campaign on "ending fossil fuels" and spook futures markets.

Your socialist mind immediately jumps to price controls, that's not what anyone is asking for. We're asking for sane, rational policy.

By build pipelines I'm assuming you mean get out of the private sectors way and allow them to build pipelines.

If so, we agree 100%.

 

[BamaFan1137]

”Cutting red tape” is just a trite phrase. Which red tape? You mean like OSHA or EPA rules on oil spills? Methane emissions?
Tax incentives when oil companies are making hand over fist at these prices? That’s a waste of money
Fast tracking permits. Thats not really a problem today. There are plenty of wells waiting to be drilled. Would help in the long run.
Generally a pain in the ass also doesn’t mean anything. Specifics.

Sure, all of those things would be nice but are unnecessary in todays environment and won’t do a thing to change the current price of oil. We arent lacking for drilling prospects.

But to address the current (non)crisis of high gas prices, he could

1. Temporarily suspend federal gas taxes.
2. Relax sanctions on Venezuela and Iran (not ideal, but what’s your priority)
3. Hiring incentives to bring workers back to the industry
4. Suspend oil exports.

Im not in favor of all of these, but they would provide temporary help.

Bottom line, the Administration isn’t going to help our industry because it conflicts with their longer term environmental goals. We’ll just have to deal with it for now. I’m sure the Dems will pay the price in the next election.

Ok...ask nicely and I will stop being mean to the guy/party you are desperate to defend.

Didn't read past the first sentence btw. It's a trite phrase because red tape is a real issue anytime you deal with the government. As an "O&G man," you know this.

 

[NavigatorII]

Something I've noticed here.............smart people (CFAgator) has tucked tail and left the building, cutting his losses.

Our slowest is still here, doubling and tripling down on stupid. On Wall Street, BScuck is known as a "10 bagger". 😂

 

[fatman76]

By build pipelines I'm assuming you mean get out of the private sectors way and allow them to build pipelines.

If so, we agree 100%.

Yes, sorry

Don't block pipelines is what I meant. You can extract all the crude you want but if you can't transport it...

 

[NavigatorII]

Yes, sorry

Don't block pipelines is what I meant. You can extract all the crude you want but if you can't transport it...

That's why I've been raising hell about the cuck EPA regarding refineries. Time to get em built without .Gov interference.

 

[BCSpell]

One of the worst parts about this, the Biden Admin is trying to imply that if everyone had ran out and bought electric cars like they wanted us to, none of us would be having issues with rising gas/oil prices. Forget that electric cars are very expensive and the average American can't really afford one, or that there is not much infrastructure currently built to make using an electric car viable for millions of people or the difficulities it would cause (i.e. waiting in line for hours just for the chance to charge up), the cost for you to Charge your electric car at home has also gone up because electricity is not free. The last few months, my electric bill has almosted doubled from previous years using the same or less electricity and I do not have an electric car.

 

[BSC911]

One of the worst parts about this, the Biden Admin is trying to imply that if everyone had ran out and bought electric cars like they wanted us to, none of us would be having issues with rising gas/oil prices. Forget that electric cars are very expensive and the average American can't really afford one, or that there is not much infrastructure currently built to make using an electric car viable for millions of people or the difficulities it would cause (i.e. waiting in line for hours just for the chance to charge up), the cost for you to Charge your electric car at home has also gone up because electricity is not free. The last few months, my electric bill has almosted doubled from previous years using the same or less electricity and I do not have an electric car.

Suck it up, dude. Just look at it this way. The oil industry is doing great.

 

[BamaFan1137]

Some neutral regulation is good, a necessary evil.

HOWEVER, and that isn't capitalized by accident, bureaucrats answer to no one 99% of the time. Their methods and practices typically do not make sense WHATSOEVER. Regulators are some of the worst bureaucrats and as far as I can tell, that's true worldwide.

When you ask company X to build a $150,000,000 "whatchamucallit" to prevent a POTENTIAL spill that would cost $100,000 to clean up entirely, you are unreasonably hindering the private sector and you are harming consumers ie the American taxpayer...who in turn employs the freaking bureaucrat in the first place.

Right out of college, my sister worked for the DEQ in Louisiana. The DEQ duplicates efforts of the EPA on the state level. The stories of absolute waste from her by DEQ and the EPA are legendary.

 

[BamaFan1137]

One of the worst parts about this, the Biden Admin is trying to imply that if everyone had ran out and bought electric cars like they wanted us to, none of us would be having issues with rising gas/oil prices. Forget that electric cars are very expensive and the average American can't really afford one, or that there is not much infrastructure currently built to make using an electric car viable for millions of people or the difficulities it would cause (i.e. waiting in line for hours just for the chance to charge up), the cost for you to Charge your electric car at home has also gone up because electricity is not free. The last few months, my electric bill has almosted doubled from previous years using the same or less electricity and I do not have an electric car.

Not to mention there weren't enough EV's for everyone to switch to nor was there capacity to supply them on any level.

 

[BamaFan1137]

Suck it up, dude. Just look at it this way. The oil industry is doing great.

...or so you've heard.

 

[BSC911]

...or so you've heard.

The highest performing sector in the S&P during 2021, and year to date 2022. I hope your financial advisor got you in on some of that. I sure didn’t see Navigator.

 

[NavigatorII]

The highest performing sector in the S&P during 2021, and year to date 2022. I hope your financial advisor got you in on some of that. I sure didn’t see Navigator.

^^^^^ This guy is a ruh-tahrd!!!!
My energy stocks kicked your stock's ass. Didn't look at the charts did you? 😂

 

[kalimgoodman]

There is ABSOLUTELY nothing hypocritical about what I said. We expect leadership, particularly in a crisis. That is leadership.

Yes, we want the gov't to "do something".

For starters, remove regulations, build pipelines, permit places that actually have oil under them, stop cancelling leases on oil rich areas like Alaska, and don't campaign on "ending fossil fuels" and spook futures markets.

Your socialist mind immediately jumps to price controls, that's not what anyone is asking for. We're asking for sane, rational policy.

Everything, not just gas. Inflation overall!...No matter how you spin it, you want the government involved. You want them to do something to help lower prices.

 

[BamaFan1137]

Everything, not just gas. Inflation overall!...No matter how you spin it, you want the government involved. You want them to do something to help lower prices.

You aren't listening...so I will stop attempting to get you to do so.

 

[NavigatorII]

Everything, not just gas. Inflation overall!...No matter how you spin it, you want the government involved. You want them to do something to help lower prices.

YES!! Stop hemorrhaging OUR money with bullshit spending programs. Build Back Broke is a Joke!!
Too many of those horses already got out of the barn already, that's why we are where we are now. DON'T MAKE IT WORSE!!!!!

Stop roadblocking our energy sources with bullshit regulations like banning Keystone, stopping drilling on oil rich federal lands, and preventing refineries from being built. That's a START!

Actually the government involvement we need is to get the hell out of the way and NOT get involved.

 

[goldmom]

We can always count on Cruz for an impartial view.

What, nothing from Red State?

You mean facts never found on MSNBC?

 

[BSC911]

You mean facts never found on MSNBC?

Have I ever posted anything from MSNBC?

But do you really think a politician on the other side of either isle is going to objective? Seriously?

I can only imagine. “Great job, Joe. Let’s elect you for another four years, and all of the other Dems as well.”

 

[BCSpell]

YES!! Stop hemorrhaging OUR money with bullshit spending programs. Build Back Broke is a Joke!!
Too many of those horses already got out of the barn already, that's why we are where we are now. DON'T MAKE IT WORSE!!!!!

Stop roadblocking our energy sources with bullshit regulations like banning Keystone, stopping drilling on oil rich federal lands, and preventing refineries from being built. That's a START!

Actually the government involvement we need is to get the hell out of the way and NOT get involved.

Funny how capitalism is what made the elite Dems rich, and now they want to do away with it.

 

[NavigatorII]

Funny how capitalism is what made the elite Dems rich, and now they want to do away with it.

That's what commies and oligarchs do. They get theirs and then block everyone else out either through elite political positions, monopolies, or both. That's exactly what Big Tech is today. Their "Ministry of Truth" only allows facts and opinions that favor themselves.

 

[nail1988]

What’s this?

Nolte: Chances of American Recession Spike to 35%​

Nolte: Chances of American Recession Spike to 35%

To the surprise of no one with any knowledge of history, the risk of a recession just jumped to 35 percent, according to Goldman Sachs.

www.breitbart.com

 

[fatman76]

Which regulations? You ready for more Deepwater Horizons? Oil spills?
The government doesn’t build pipelines.
We drill in Alaska. It’s not so easy.

So basically you want an unregulated oil industry. Go for it.

You live in world of absolutes...nowhere did I say all regulations should be lifted, but you know that.

 

[fatman76]

Everything, not just gas. Inflation overall!...No matter how you spin it, you want the government involved. You want them to do something to help lower prices.

If "doing something" is getting out of the way more, then yes. I want the gov't to get less involved. I want the gov't to not spend and print $5T, as an example.

I want smaller gov't and freer markets. I want the gov't to be a safety net and not a hammock, I want the gov't to focus on essential services and things like interstate roads and bridges...not "Human Infrastructure".

I know how that sounds to a Socialist, so I apologize for triggering you.

 

[BSC911]

You live in world of absolutes...nowhere did I say all regulations should be lifted, but you know that.

But you didn’t say which regulations should be lifted either. And that’s kind of important.

The Righties answer is always less regulation, yet never talk about which ones or what the impact would be.

 

[BSC911]

What’s this?

Nolte: Chances of American Recession Spike to 35%​

View embedded media

Nolte: Chances of American Recession Spike to 35%

To the surprise of no one with any knowledge of history, the risk of a recession just jumped to 35 percent, according to Goldman Sachs.

www.breitbart.com

Of course. That’s why the Fed is loathe to hike interest rates.

A recession will cure the high gas prices. Then I guess everyone will be happy.

 

[jb1215]

Of course. That’s why the Fed is loathe to hike interest rates.

A recession will cure the high gas prices. Then I guess everyone will be happy.

REEEEETARD. Keep sucking joey boy's vienna sausage.

 

[NavigatorII]

REEEEETARD. Keep sucking joey boy's vienna sausage.

Birds of a feather, flock together. 😂

 

[Orangeclad]

View embedded media

I mean cutting red tape, offering tax incentives, fast tracking permits...and generally stop being a pain in the ass to the O&G industry. As a guy who works in that industry, according to you, I'd assume that you would be ecstatic at the proposition.

Speaking of permits, Joe Manchin is pissed and would agree with you.

Manchin to chief energy regulator holding up natural gas projects: 'Do your damn job'

Sen. Joe Manchin, D-W.Va., delivered a strong rebuke of the Federal Energy Regulatory Commission's decision to hold off on granting permits for pipelines in the U.S., telling the commission's chairman, "Do your damn job."

www.foxbusiness.com

 

[jb1215]

”Cutting red tape” is just a trite phrase. Which red tape? You mean like OSHA or EPA rules on oil spills? Methane emissions?
Tax incentives when oil companies are making hand over fist at these prices? That’s a waste of money
Fast tracking permits. Thats not really a problem today. There are plenty of wells waiting to be drilled. Would help in the long run.
Generally a pain in the ass also doesn’t mean anything. Specifics.

Sure, all of those things would be nice but are unnecessary in todays environment and won’t do a thing to change the current price of oil. We arent lacking for drilling prospects.

But to address the current (non)crisis of high gas prices, he could

1. Temporarily suspend federal gas taxes.
2. Relax sanctions on Venezuela and Iran (not ideal, but what’s your priority)
3. Hiring incentives to bring workers back to the industry
4. Suspend oil exports.

Im not in favor of all of these, but they would provide temporary help.

Bottom line, the Administration isn’t going to help our industry because it conflicts with their longer term environmental goals. We’ll just have to deal with it for now. I’m sure the Dems will pay the price in the next election.

Hey boy, temporary help is not a long term solution. Why don't you pay my taxes this year? That is temporary help. You can deal with that for now.

 

[Gator Fever]

 

[BSC911]

Hey boy, temporary help is not a long term solution. Why don't you pay my taxes this year? That is temporary help. You can deal with that for now.

Boy?

This is a temporary problem. The free market will fix things in the long run.

Pay your own taxes, moocher.