Gas prices shooting up...

[finnbow]

Originally Posted by Dondilion

The picture of failed, frozen windmills is powerful propaganda.

Only to those willing to listen to Fox News' contrived lies about them.

[finnbow]

Originally Posted by Dondilion

The picture of failed, frozen windmills is powerful propaganda.

I wonder if news like this will get to them about El Paso not experiencing the same problems as the rest of Texas. To wit, El Paso:
1) Winterized their equipment over the past decade
2) Is on the national grid
3) Has experienced minimal outages despite similar weather as rest of Texas

https://kfoxtv.com/news/local/while-...asos-lights-on

[Rajoo]

Originally Posted by finnbow

Only to those willing to listen to Fox News' contrived lies about them.

Surprised Faux did not blame Biden for this.

[donquixote99]

Originally Posted by Dondilion

The picture of failed, frozen windmills is powerful propaganda.

Do you say you car has 'failed' if you cannot operate it without first de-icing the windshield?

The picture suggests de-icing the blades is necessary sometimes. I would not read more than that into it.

[Yggdrasill]

Originally Posted by Reason10

Boys and girls, it is very simple:

Oil speculators are very nervous nellies. This has happened with frequency over the years, probably as far back as the early 80s. (Yeah, I know. Most of you liberals were born in 2000. Some of you were born last night, but try to follow this.)

ANY hint of an interruption in supply and they jack up the price of a barrel oil. Simple as that. Any hiccup in the Strait of Hormuz (Woke Idiots, that Strait of Hormuz is near Iran, as on oil country. Get someone with an education to explain it to you) and there is a fear of an interruption in supply.

Hurricane Katrina. (A lot of Woke idiots blamed President Bush for that hurricane, saying he didn't do anything to prevent the global warming that caused it. Yeah, I know. They just keep getting dumber and dumber)

Katrina destroyed a couple of oil rigs in the Gulf. INSTANTLY the price of crude shot up and the price of gasoline shot up at the pump. It could have been a disaster, but Bush (in one of his rare brilliant moments) unlocked the Strategic Oil Reserve and calmed down some markets.

So how did JIM CROW JOE cause fears of an interruption in supply? How about that massive job killing Executive Order shutting down the Keystone Pipeline? Gas prices began to climb SOLELY because of that.

Thing is, IDIOT JOE claimed it was all about saving the planet and getting us away from fossil fuels. And the WOKE morons here probably cheered, stupid as they could be.

Fact is, that oil is STILL being shipped. RACIST JOE just made sure that the shipping would COST MORE, hence the increase in prices.
Woke Libs, don't even try. This is WAY over your educational level, (and for some of you that means anything past the Third Grade when you dropped out.)

There are a bunch of reasons driving up the price of oil. Optimism regarding future demand due to economic recovery is one (the "hope for the future" reason), but also OPEC has cut production over the last 12 months due to the pandemic (by a record 9.7 million barrels a day). Keystone cancellation may affect long-term oil prices - that's still a possibility - but in the short term we'll keep shipping by rail. Shale oil production fell in 2020 due to lower demand, but will almost certainly rebound when the price comes back up enough to make it economical.

[Reason10]

Originally Posted by finnbow

Only to those willing to listen to Fox News' contrived lies about them.

That was truly ignorant.

Fox reports the news and gives equal time to all points of view.

[Reason10]

Originally Posted by Yggdrasill

There are a bunch of reasons driving up the price of oil. Optimism regarding future demand due to economic recovery is one (the "hope for the future" reason), but also OPEC has cut production over the last 12 months due to the pandemic (by a record 9.7 million barrels a day). Keystone cancellation may affect long-term oil prices - that's still a possibility - but in the short term we'll keep shipping by rail. Shale oil production fell in 2020 due to lower demand, but will almost certainly rebound when the price comes back up enough to make it economical.

Actually, over the last twelve months, President Trump negotiated with a few Middle East leaders to call off the oil war with Russia, in order to maintain the price of oil and not put American oil companies out of business. American oil companies were at the time the ONLY reason we weren't paying $5 a gallon at the pump. (That and the fact that oil is still traded in US Dollars, which represents the reserve currency of the world.)

Racist Joe stopping the Keystone Pipeline is the SOLE reason why middle to low income workers have had an addition $100 a week added to their debt burden in the form of gasoline price hikes.

Already that son of a beech is destroying the economy.

[Reason10]

Originally Posted by donquixote99

Do you say you car has 'failed' if you cannot operate it without first de-icing the windshield?

The picture suggests de-icing the blades is necessary sometimes. I would not read more than that into it.

The picture proves that wind power is unreliable and idiotic. Texas is a state rich in petroleum and natural gas energy sources. The blackouts were caused by the wind power.

And Pedophile Joe actually wants to blame fossil fuels for what happened.

And a nation of copy machines actually created the illusion that the moron was actually elected.

We are SOOOO monumentally screwed.

[Yggdrasill]

Originally Posted by Reason10

Actually, over the last twelve months, President Trump negotiated with a few Middle East leaders to call off the oil war with Russia, in order to maintain the price of oil and not put American oil companies out of business. American oil companies were at the time the ONLY reason we weren't paying $5 a gallon at the pump. (That and the fact that oil is still traded in US Dollars, which represents the reserve currency of the world.)

Racist Joe stopping the Keystone Pipeline is the SOLE reason why middle to low income workers have had an addition $100 a week added to their debt burden in the form of gasoline price hikes.

So which do you want? Higher oil prices to help oil companies or lower oil prices to help low income consumers? The Saudi-Russia oil price war beginning in March 2020 saw a 65% quarterly drop in crude prices from expanded production. By June, thanks largely to pressure from Trump, the Saudis cut production, bringing oil prices back up. This helped producers and hurt consumers.

No major US producers were in danger of going out of business. That's an unsubstantiated assertion on your part. And what rationale and data do you have to support your claim that pump prices would otherwise have been at $5 gallon?

Finally, show me some data that supports your still unsupported by logic and fact claim that keystone is costing people $100 a week.

[Yggdrasill]

Originally Posted by Reason10

The picture proves that wind power is unreliable and idiotic. Texas is a state rich in petroleum and natural gas energy sources. The blackouts were caused by the wind power.

And Pedophile Joe actually wants to blame fossil fuels for what happened.

And a nation of copy machines actually created the illusion that the moron was actually elected.

We are SOOOO monumentally screwed.

Yeah, proves nothing of the kind. Wind is expected to supply only 7% of ERCOTs power during the winter. This event demonstrates what happens when the power grid is not properly maintained and weatherized. Coal and natural gas generation also failed. Republican governor of Texas agrees.
https://theweek.com/speedreads/96754...d-texas-freeze

This was predicted ten years ago and ignored. Insufficiently and ineptly regulated markets.
https://www.houstonchronicle.com/bus...photo-20619322