America 1 Loc: South Miami

Who buys most of Canada's oil?
the United States
Essentially all of Canada's oil and natural gas exports go to one customer: the United States.
Shut down oil from Canada, and what countries are we more dependant on?
Have it your way, send money to countries that support terrorist and desire to destroy the U.S.A

America 1 Loc: South Miami

Bank Of America Expects Fastest Oil Price Rise In 30 Years
https://oilprice.com/Energy/Oil-Prices/Bank-Of-America-Expects-Fastest-Oil-Price-Rise-In-30-Years.html

America 1 Loc: South Miami

Goldman Sachs Sees $75 Oil In Q3 2021
https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Sees-75-Oil-In-Q3-2021.html

permafrost Loc: Minnesota

LOL, the whole law enforcement world is being black mailed or is in on the plot..

without that, your wishes could even have a spit in the rain chance of working..

such a fairy tail world you have created.. someone should write a book.. of fantasies..

for the world of imagination. from 1914.

permafrost Loc: Minnesota

Canadas targeted oil buyers are Asian.. that was why the original shipping point was Vancouver. But they had a vote and would not let the hazardous product be routed over their own country..

FYI.. the Keystone pipeline which has been halted is a duplicate of an existing line.. so the need it serves is very much in question to say the least..

If Americas own crude oil went to our country rather then dumped into the world market to compete with the high grade SA crude. we could possible be truly oil independent..

We would then probably be stable in the gas price. at times a bit higher then otherwise but not subject to the whims of the market place. stability could be a friend..

Yes, off topic, but my son lived in Tulsa for a while and I connect to the city..

permafrost Loc: Minnesota

If your food cost goes the that level, remember the extra $$$ do not go into the pocket of the farmer...

America 1 Loc: South Miami

Some will corn, and soybeans have significantly increased.
Corn first of November $4.00 a bushel, today $5.45.
Soybeans first of November $10.42 a bushel, today $14.12.
Every one cent in grains is $50.00.
Strong export demand supports prices for grains
https://www.hpj.com/opinion/strong-export-demand-supports-prices-for-grains/article_f2857546-04b2-11eb-85b3-9ba39101e60a.html

permafrost Loc: Minnesota

Our ag markets were ruined by the trump tariffs/price war..

decades of effort washed away in a matter of weeks..

Soy beans back in the day $12 something was the break even point..

But now having sold it , I have no idea what the markets are.. so Your information is good to me..

However.. the remark "one cent in grains is $50.00" what do you reference? the ton of grain? must be..
always puzzled me, farmer sold by volume, a bushel, but buyer exported by weight.. ton..

Not a good way for the farmer.. so many factors affect a difference in volume vs weight.. moisture content the greatest..

working class stiff Loc: N. Carolina

don't be scared.
Gasoline is just as expensive as it has been the last for the last 40 yrs. It's actually pretty amazing how stable gasoline prices have been when adjusted for inflation.

https://www.usinflationcalculator.com/gasoline-prices-adjusted-for-inflation/

crazylibertarian Loc: Florida by way of New York & Rhode Island

Another example of your understanding of economics. Some of the money does and enables the farmer to produce more food ,faster. Some of it gets distrubuted at every stop in the production and distribution parts of that sector.

The ultimate problem with people like you, permafrost, is that some readers will actually believe you.

son of witless

Your defense of President Biden seems to imply that you think the rise in the price of gasoline is a bad thing ? I find that somewhat curious. I always believed that Democrats wanted higher energy prices to fight Global Warming and to incentivize Electric Cars and other Green Deal stuff.

Am I wrong ? I mean your boy Joe cancelled the Keystone Pipeline. He must want higher energy prices ? Since we have higher energy prices, why not take the credit ?

WEBCO

Look at all those true blue democrats lining the street. Don't be shy about claiming them as yours, embrace real history, don't destroy it.

permafrost Loc: Minnesota

The return of equity to farmers is one of the key examples of how imperfect the free market economy can be corrupted.. for a small history of that effort, look into the coalition made up of the Minneapolis flour mills in the 19 century.. 4 of the 5 largest in the world. they worked as one to change laws to limit the price to the farmers while they set prices for the finished product with out regard to the input of the farmers.. the ND state bank was one effort that eventually tried to stem that action. however to this day laws and regulation limit the sales farmers can make directly to the consumer. And prices are set only by the buyer and are not set by the farmer in any commodity that I know of..

However, do not accept my input on this, look up the history on your own.. study the actual economics of agriculture rather then the text book theory of how the market forces work.. real life is vastly different then the book will ever show..

Limited ways do exist to get around these rules and regulations. my little girl knows a number and actual coops are a long time effort in the struggle..

$100,000 combines are not purchased because the farmer has a lot of money.. they must be used to gain the volume needed to make ends meet..

permafrost Loc: Minnesota

You must not have done your usual thinking before post this Son..

I do not like paying high prices for anything I HAVE to buy..

That is much different then championing green energy.. the first is a necessary present cost.. the latter is affecting the world as we now witness but even with real effort will continue to a greater extremes in the near future.. but not today.. that is the rationale used to continue the fossil fuel energy world until the last moment.. and hope to heck the civilized world is not over the edge..

to further expound.. we do not seek to make the world a backward place, we want the same or better standard of living but via use of a better energy source..

And again, of the many reasons to not endorse the Keystone pipeline perhaps the only one that will gain a bit of right wing acceptance is that the pipeline wanted by the business of Canada is a duplicate of the existing pipeline which will continue to operate as it is today.. this new pipeline is not a replacement nor anything new.. it is a supplement to the infrastructure wanted by the companies who profit on the oil and also own the pipeline..

in the end, getting rid of as much fossil fuel use as we can will be an emergency tactic if the business are allowed to control the usage of energy to build the bottom line as they have done for generations..

One more point is that the recovery of shale oil is an indication of how we are even now scrapping the bottom of the barrel.. we have not discovered much more oil, we have only made oil so expensive that the cost of recovery is paid for at the pump.. the cost, which a short time ago was considered to expensive to allow recovery is now proposed to be an asset via new technology.. not always so.. fracking for example; we first used generations ago, but was deemed both to harmful and to costly for any effective use. but todays business gurus chant the wonderful world which can by ours if we simply do not complain about cost and the environments and the rights of native Americans or the never accounted for cost to our environment..

However, I am distracted from my goal of starting the new, to me, John Sandford book and I need to end this for the day..

so think about the big picture and the future of our kids and the kids of those kids.. we need to be much less reckless in how we steward this world.. it is the only one we have.. and I doubt if God will give us a new one..

WEBCO

Why are you so willing to destroy our country over a lie? Anthropomorphic climate change is a hoax/lie, it always has been. It's a way to strip our freedom, wealth, and independence. Oil has been the greatest factor in human advancement ever. What you propose is both impossible and ignorant.

Why are we, western civilization, the only ones who believe in Anthropomorphic climate change? Why are western civilizations the only ones required to destroy our standards of living and move back to 1st world standards?

By the way, where do you think we are going to get our electricity from, to maintain our standards?