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On June 28 2022 10:21 LegalLord wrote:
Saw a price of $5.50/gal when I drove by the gas station today. Now there's something worth rioting over. I shudder to think how much worse it might get.
Yeah it's a fucking shame that Russia invaded Ukraine and destabilized an entire globally interdependent supply chain for Putin's autocratic bullshit. And that domestic oil conglomerates decided to use that as an excuse to drive up prices by record amounts, even as the domestic supply was stable.
It sucks, yeah. But if this is gonna turn into another Biden Sucks Fest it was old about 50 pages back. You can put it back in the deck.
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My most local gas stations have been $5.85 for a bit, but just went down to $5.80. There's also a station not too far west of me all the way down at $5.00 which had also hit $5.85 a couple weeks back. It seems that gas prices are starting to creep back down in my area. I wouldn't be surprised if that happens everywhere in the not too distant future.
Lots of issues are on the ballot. People tend to get most angry about the things that effect them most directly. Gas prices are one of those things and it will negatively effect votes if people lay the blame on the Democrats. I personally lay the blame on the lack of foresight by oil companies who didn't understand the pandemic. They had futures contracts go negative during the pandemic and now we're not producing enough as everyone wants to get out and travel after the official pandemic is over. They should have turned down the production earlier in the pandemic and turned up the production now... or else built a hell of a lot more holding space and flood the market with gas while the prices are rising and make a killing.
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Oil companies still turn record profits every year. Every single one. It was never a question of what they had to do to keep the lights on. There's political factors and the pandemic that do factor in the middle of that equation somewhere, but it never seems to make a dent in the all-encompassing greed of capitalism. We're still paying record amounts, and they're still making record bank. At some point it's just the fucking greed.
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On June 28 2022 11:26 NewSunshine wrote:
Oil companies still turn record profits every year. Every single one. It was never a question of what they had to do to keep the lights on. There's political factors and the pandemic that do factor in the middle of that equation somewhere, but it never seems to make a dent in the all-encompassing greed of capitalism. We're still paying record amounts, and they're still making record bank. At some point it's just the fucking greed.
It’s a perfect time to aggressively go after price gouging corporations, it’s a win win for the Democrats in being shown to fight corporations in favor of the working class but also obviously making gas prices lower makes people feel good.
Fuck oil and gas companies, government should be on their asses at times like these.
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On June 28 2022 11:15 NewSunshine wrote:Show nested quote +On June 28 2022 10:21 LegalLord wrote:
Saw a price of $5.50/gal when I drove by the gas station today. Now there's something worth rioting over. I shudder to think how much worse it might get. Yeah it's a fucking shame that Russia invaded Ukraine and destabilized an entire globally interdependent supply chain for Putin's autocratic bullshit. And that domestic oil conglomerates decided to use that as an excuse to drive up prices by record amounts, even as the domestic supply was stable. It sucks, yeah. But if this is gonna turn into another Biden Sucks Fest it was old about 50 pages back. You can put it back in the deck.
The number of excuses that Biden - and his apologists - can come up with is, without doubt, brobdingnagian. But, social spectacle aside, quality of life is rapidly deteriorating in a way that will be felt further and wider than just about anything else. It would be wise not to pooh-pooh it away. The electorate sure won’t.
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On June 28 2022 11:51 LegalLord wrote:Show nested quote +On June 28 2022 11:15 NewSunshine wrote:On June 28 2022 10:21 LegalLord wrote:
Saw a price of $5.50/gal when I drove by the gas station today. Now there's something worth rioting over. I shudder to think how much worse it might get. Yeah it's a fucking shame that Russia invaded Ukraine and destabilized an entire globally interdependent supply chain for Putin's autocratic bullshit. And that domestic oil conglomerates decided to use that as an excuse to drive up prices by record amounts, even as the domestic supply was stable. It sucks, yeah. But if this is gonna turn into another Biden Sucks Fest it was old about 50 pages back. You can put it back in the deck. The number of excuses that Biden - and his apologists - can come up with is, without doubt, brobdingnagian. But, social spectacle aside, quality of life is rapidly deteriorating in a way that will be felt further and wider than just about anything else. It would be wise not to pooh-pooh it away. The electorate sure won’t.
Let’s say you’re Biden. How do you lower the price I pay for gas?
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On June 28 2022 12:04 Djabanete wrote:Show nested quote +On June 28 2022 11:51 LegalLord wrote:On June 28 2022 11:15 NewSunshine wrote:On June 28 2022 10:21 LegalLord wrote:
Saw a price of $5.50/gal when I drove by the gas station today. Now there's something worth rioting over. I shudder to think how much worse it might get. Yeah it's a fucking shame that Russia invaded Ukraine and destabilized an entire globally interdependent supply chain for Putin's autocratic bullshit. And that domestic oil conglomerates decided to use that as an excuse to drive up prices by record amounts, even as the domestic supply was stable. It sucks, yeah. But if this is gonna turn into another Biden Sucks Fest it was old about 50 pages back. You can put it back in the deck. The number of excuses that Biden - and his apologists - can come up with is, without doubt, brobdingnagian. But, social spectacle aside, quality of life is rapidly deteriorating in a way that will be felt further and wider than just about anything else. It would be wise not to pooh-pooh it away. The electorate sure won’t. Let’s say you’re Biden. How do you lower the price I pay for gas?
Higher interest rates, export controls, diplomacy that may involve making concessions to key suppliers. Bitter tools, but nothing new or surprising. A token effort at best of pursuing any of these.
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He's doing 1 already there's no chance republicans will let him do 2, 3 is nonsense because it's not a matter of domestic supply.
It's hard to make things better when half the country wants things to get worse and outright refuses to let anything happen by the other party.
Also its really ducking rich for a conservative to suggest Biden do state control of the market like export quotas and to grovel to other nations. Sure go suggest something you will be using against them for a generation.
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No politician can do squat about the gas prices, it is a global market, but most oppositions from both left and right will still use it as a populist weapon.
I also find it amuzing that environmentalists tend to shut up about the energy crizis, even though high prices is by far the best way to lower the consumption. Also, the reality is kicking in that wind power is a far from a solution until mass storage of energy is possible. If you rely on wind, you will need near full capacity fossil fuel backup.
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On June 28 2022 12:04 Djabanete wrote:Show nested quote +On June 28 2022 11:51 LegalLord wrote:On June 28 2022 11:15 NewSunshine wrote:On June 28 2022 10:21 LegalLord wrote:
Saw a price of $5.50/gal when I drove by the gas station today. Now there's something worth rioting over. I shudder to think how much worse it might get. Yeah it's a fucking shame that Russia invaded Ukraine and destabilized an entire globally interdependent supply chain for Putin's autocratic bullshit. And that domestic oil conglomerates decided to use that as an excuse to drive up prices by record amounts, even as the domestic supply was stable. It sucks, yeah. But if this is gonna turn into another Biden Sucks Fest it was old about 50 pages back. You can put it back in the deck. The number of excuses that Biden - and his apologists - can come up with is, without doubt, brobdingnagian. But, social spectacle aside, quality of life is rapidly deteriorating in a way that will be felt further and wider than just about anything else. It would be wise not to pooh-pooh it away. The electorate sure won’t. Let’s say you’re Biden. How do you lower the price I pay for gas?
In the short term, he cannot. The US should never have been put in this position to begin with, but Biden arguably made things worse by putting up roadblocks for fossil fuel production when clean energy was not yet ready to respond to a market shock like the one the world is in today.
Someone has to take responsibility though, and my bet is on voters making Biden take responsibility.
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On June 28 2022 19:49 gobbledydook wrote:Show nested quote +On June 28 2022 12:04 Djabanete wrote:On June 28 2022 11:51 LegalLord wrote:On June 28 2022 11:15 NewSunshine wrote:On June 28 2022 10:21 LegalLord wrote:
Saw a price of $5.50/gal when I drove by the gas station today. Now there's something worth rioting over. I shudder to think how much worse it might get. Yeah it's a fucking shame that Russia invaded Ukraine and destabilized an entire globally interdependent supply chain for Putin's autocratic bullshit. And that domestic oil conglomerates decided to use that as an excuse to drive up prices by record amounts, even as the domestic supply was stable. It sucks, yeah. But if this is gonna turn into another Biden Sucks Fest it was old about 50 pages back. You can put it back in the deck. The number of excuses that Biden - and his apologists - can come up with is, without doubt, brobdingnagian. But, social spectacle aside, quality of life is rapidly deteriorating in a way that will be felt further and wider than just about anything else. It would be wise not to pooh-pooh it away. The electorate sure won’t. Let’s say you’re Biden. How do you lower the price I pay for gas? In the short term, he cannot. The US should never have been put in this position to begin with, but Biden arguably made things worse by putting up roadblocks for fossil fuel production when clean energy was not yet ready to respond to a market shock like the one the world is in today. Someone has to take responsibility though, and my bet is on voters making Biden take responsibility.
This is silly shit. Trump was the one that hammered the domestic industry before covid and during covid the industry fared much worse. Trump could have purchased oil at negative prices but didn't fill up the strategic reserve when it was needed for the industry and would have been a massive benefit for the future American people.
You're insane if you think Biden has enough power to control the entire worlds oil market yet is also sleepy and senile. This is on the oil companies who are refusing to increase their production to make more profit. Don't take my word for it take theirs.
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On June 28 2022 19:40 Slydie wrote:
I also find it amuzing that environmentalists tend to shut up about the energy crizis
If there's one thing to be thankful for, it's that this country is for the most part smarter than the "renewables are cheaper bro" crowd. $5.50/gal is very painful indeed, but it's not as bad as Europe or California. Not that that's much of a bar.
On June 28 2022 19:40 Slydie wrote:
No politician can do squat about the gas prices, it is a global market, but most oppositions from both left and right will still use it as a populist weapon.
Nonsense. The market may be complex and changes may have global impacts, but to say "nothing can be done" is to use that complexity for obfuscation and deflection of blame. The US isn't some two-bit third world market taker like certain other countries across the sea; it has plenty of capability to lower gas prices at home. We should start by not just selling gasoline & diesel to foreigners to line the pocket of oil companies while American citizens go without, an easy win for which the only counterargument is that it'll lower profits for bigcorp. The Houston LNG terminal fire a few weeks ago did wonders for natural gas prices at home, shedding a third off the US price.
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On June 28 2022 23:48 plasmidghost wrote:
I hate that nearly every city in the US requires a car to get around by design. Public transit investment would be majorly beneficial to a lot of people struggling with high gas prices, but it's not going to happen with this Congress I don't think that is really a matter for Congress tho right?
Like cross-state public transit would be, but making LA or Boston have better public transit would be a matter for the city and state governments no?
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Northern Ireland27478 Posts
On June 28 2022 19:40 Slydie wrote:
No politician can do squat about the gas prices, it is a global market, but most oppositions from both left and right will still use it as a populist weapon.
I also find it amuzing that environmentalists tend to shut up about the energy crizis, even though high prices is by far the best way to lower the consumption. Also, the reality is kicking in that wind power is a far from a solution until mass storage of energy is possible. If you rely on wind, you will need near full capacity fossil fuel backup.
Who are the environmentalists advocating making wind a backbone of a national energy grid?
Aside from the whole environmental protection thing, the other major plus point in less reliance on fossil fuels is more insulation from precisely what we’re currently seeing.
It will, of course require a lot of moolah to overhaul existing infrastructure.
As Ghostlyplasmid mentioned, it’s not just a case of how US public transport is powered that’s an issue, it’s that it’s non-existent in places: To take one example, the infrastructural and cultural overhaul needed would be huge.
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EPT
