Trump's Blind Spot

[william the wie]

The US is now a net energy exporter. Therefore real GDP/voter goes up or down with energy prices. That being the case why is Trump acting as if the opposite were true? Lately some of his statements on energy prices have been absurd, any idea why?

 

[iceberg]

trump, like anyone living in the extreme, talks to their extreme base. what else will he tell them?

 

[Oddball]

The US is now a net energy exporter. Therefore real GDP/voter goes up or down with energy prices. That being the case why is Trump acting as if the opposite were true? Lately some of his statements on energy prices have been absurd, any idea why?

He's an economic dilettante, but he thinks he just has to have something to say about everything, no matter how cringy.

 

[william the wie]

The GOP extreme base makes money off ethanol and fossil fuel directly or indirectly. That is what confuses me.

 

[iceberg]

The US is now a net energy exporter. Therefore real GDP/voter goes up or down with energy prices. That being the case why is Trump acting as if the opposite were true? Lately some of his statements on energy prices have been absurd, any idea why?

He's an economic dilettante, but he thinks he just has to have something to say about everything, no matter how cringy.

he and obama share the trait of having to chime into every social or other matter.

 

[william the wie]

The US is now a net energy exporter. Therefore real GDP/voter goes up or down with energy prices. That being the case why is Trump acting as if the opposite were true? Lately some of his statements on energy prices have been absurd, any idea why?

He's an economic dilettante, but he thinks he just has to have something to say about everything, no matter how cringy.

That certainly appears to be true.

 

[Bootney Lee Farnsworth]

The US is now a net energy exporter. Therefore real GDP/voter goes up or down with energy prices. That being the case why is Trump acting as if the opposite were true? Lately some of his statements on energy prices have been absurd, any idea why?

He has no control over energy. Neither does OPEC. With the new technology of the past 5-10 years, OPEC can no longer manipulate the price of energy by cutting or increasing production.

There is a lot more to this, and I don't want to write a damn book on the topic, but in sum, Texas (and others) inow indirectly own the world's energy market. If OPEC cuts production, more Texas oil hits the world market at much higher prices, which means Texas gets richer. If OPEC increases production, the prices fall hard and OPEC suffers, but Texas is still heavily regional, and not dependent on the world market.

You know why we (over)paid $75 Million for Jimbo Fisher? The change bucket was getting too full.

.

 

[william the wie]

Actually TX, AK, NM, OK, SD & WV are all drilling like crazy when prices rise. If Brazil gets more fields going as promised by its president elect energy prices are going to crash like meltdown II "BIGGER AND SCARIER THAN THE ORIGINAL"