Posted on 04/02/2020 8:18:29 AM PDT by yesthatjallen
I'm not sure, but even at $60 that was, in relative terms, not a high price. I think it was driving all of the good economic progress that's been made in the last few years, along with lower taxes.
Yep. I’m willing to pay a bit for energy security. Being beholden to the mullahs and the Russians is a bad idea.
Just like I am willing to pay a bit more for drugs and everything else made in China that needs to be made in the USA.
It’s a security and independence issue.
It’s really because of the economic contraction. Less energy being used. No place to store all the oil. They have to cut production, or dump it on the market at lower and lower prices.
I like that Trump gets credit for it, but it’s better to have cheap fuel.
Cheap fuel is good, up to a point.
Since we are the leading energy producer in the world, there is such a thing as "too cheap".
We have to balance between users and producers.
If energy prices get too low, energy producers cut back on production, and we have many people out of work.
Once we get through this media driven chinavirus, things will begin to level out.
I do not believe the free market is best served by government working to help with “balancing users and producers.”
You do know that OPEC is a price/supply fixing arrangement?
How can you say "free market" when you are talking about oil?
Since the ragheads discovered how easily the west could be cowed, until President Trump, we were kissing their collective asses because of oil.
There has NEVER been a true free market.
When we had the advantage after WWII we gave it up, and gave the countries that started the war {and the ones we beat} a trading advantage through self imposed tariffs.
Please spare me the "free trade/market" bullshit.
Let me ask you a question:
Saudi Arabia, in an apologize move for years of indifference, promises to provide the US with the entire output of its wells, for free.
You are the president. Do you refuse that?
Substitute N95 face masks or even wealth to run the entire US government, do you refuse that?
Saudi Arabia, in an apologize move for years of indifference, promises to provide the US with the entire output of its wells, for free.
You are the president. Do you refuse that?
So now we are reduced to 11 year old, 5th graders axing each other questions that are so far from reality, that they are not even laughable.
Well, to give you a fifth grade answer, I'd take the oil and then nuke'm.
My solution for the mooselimb problem, is the final solution.
There is no other way to end it.
President Trump said yesterday when someone offers us something for little or free, of course we should accept it. He said this in response to free masks and equipment from Russia that’s been promised.
In your approach, we’d refuse, because it takes away jobs from Americans. We have millions of unemployed Americans that could be making those.
Since you posted #29 I assume that you didn't read my response of post 28.
I said I'd take the oil...then nuke'm.
Try reading, it's good practice for slow learners.
Ah, OK. Just nuke the mooselimb terrorists.
For the record, presently the terrorists operations seem to be directed from Iran. Trump has created a very powerful weapon against Iran and it is hurting them badly every day.
That weapon is sanctions. The sanctions are in fact destroying the Iranian economy. By sanctioning the oil sales, The president has pretty much ended Iranian export oil sales. the Iranian lack of revenue has stymied the Hamas efforts against Israel. The lack of funds has hindered Hezbollah and actually caused the government of Lebanon to default on it’s debt. We don’t get daily briefings on the turmoil among the Iranian population so we do not know the true depth of the damage.
One lesson of WW II was that bombing doesn’t shut a country down. Germany and Japan and the UK maintained industrial production after intense bombing. Granted it took the atom bomb to cause the emperor to surrender. seldom mentioned is the fact that Tokyo was literally burned to the ground and there was no surrender
So, our military, including the USAF generals agreed to strangling Iran, to cut off resources and allow withering on the vine.
So like the man says.....we’ll see.
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