lpnmajor wrote:
Ever notice how long it takes traffic on a highway to return to normal AFTER an accident scene is cleared? BTW - hasn't it occurred to anyone that the ships piled up offshore....................................are carrying IMPORTED shit?
I see this as a wake-up call for all Americans; we need to manufacture shit right here, using materials and parts produced right here, using employees born right here.
With fuel prices climbing...................why are we EXPORTING natural gas, gasoline, and other petroleum products?
Ever notice how long it takes traffic on a highway... (
show quote)
We do not need to produce more "shit" the need is to produce more quality and import less "shit."
Out Of Control. The Energy Report 11/08/2021
as prices are out of control as Energy Secretary Jennifer Granholm laughs it off. The poor and the middle class are getting blindsided by the Biden energy policies and now they want to do something about it.
Crude oil had been on a tear and fell faster than Biden’s poll numbers when the Energy Secretary laughed off higher US energy production saying that there was no magic wand to fix high gas prices. Now she is saying the Biden administration will investigate options to address the price at the pump.
Maybe she found the magic wand that President Donald Trump had that brought back manufacturing jobs to the US. The one that Biden said did not exist.
Yet the Biden administration is in panic mode after the passage of the Build Back Better bill did not increase his poll numbers and it will only add to energy demand.
The same energy is now more controlled by OPEC and Russia because of the Biden administrations and the Democrat's war on fossil fuels.
Oil demand is also rising because the U.S. is lifting covid restrictions for many foreign travelers. The U.S. will open its doors to travelers from Mexico, Canada, the UK, India, and most of Europe as of Monday and that will increase jet fuel and gasoline demand.
Diesel prices look to be near the bottom. Heating oil that has struggled should find new life. Look to buy the Biden dip. Look to buy the back end of the curve if they release oil.
The Biden administration is starting to realize that the green energy transition isn’t going to be easy.
One must assume that their goal is to raise the price of gasoline and oil to such a high level that it squeezes the average consumer and forces them into alternatives.
The problem is they’re going to find out that their alternatives are not going to be very much cheaper.
The cost of electricity is also going to be on the rise.
https://www.barchart.com/story/news/3493376/out-of-control-the-energy-report-11082021