What green agenda?

[Matted Joybeard]

All this AGW discussion is academic.

U.S. oil production hit a record under Biden. He seldom mentions it.

You won't hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

www.seattletimes.com

 

[Auld Phart]

All this AGW discussion is academic.

U.S. oil production hit a record under Biden. He seldom mentions it.

You won't hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

www.seattletimes.com

he probably hasn't been told about it.

 

[Concerned American]

All this AGW discussion is academic.

U.S. oil production hit a record under Biden. He seldom mentions it.

You won't hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

www.seattletimes.com

Yeah, these hypocrites are too much. NYE celebration at the space needle in Seattle featured a massive fireworks display that produced so much smoke that you couldn't see the top half of the space needle nor most of the fireworks. This in a state that has a carbon tax on everyone. I wonder how many of the state's taxpayer-funded carbon credits Jay Inslee used up. All economic--screw the actual causes. Let's just outlaw chainsaws, lawn mowers, weed eaters, blowers and generators. SMH.

 

[JGalt]

All this AGW discussion is academic.

U.S. oil production hit a record under Biden. He seldom mentions it.

You won't hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

www.seattletimes.com

Just think how much more oil we could produce of President Joe restarted the Keystone XL pipeline and opened up the ANWR for drilling.

I see that even with magnificent oil production going on, President Joe still hasn't replenished the Strategic Petroleum Reserves he so stupidly drained....

 

[Crick]

Just think how much more oil we could produce of President Joe restarted the Keystone XL pipeline and opened up the ANWR for drilling.

I see that even with magnificent oil production going on, President Joe still hasn't replenished the Strategic Petroleum Reserves he so stupidly drained....

View attachment 882020

The Keystone had nothing to do with American production. It was carrying Canadian oil to the Gulf refineries.

 

[Matted Joybeard]

 

[JGalt]

The Keystone had nothing to do with American production. It was carrying Canadian oil to the Gulf refineries.

Apparently you don't care about the 60,000 (U.S., 42,000, and Canada, 17,000) direct, indirect and induced employment opportunities that were to be generated by the business that would have been created supplying goods and services to the project and the project’s workforce.

Or the tens of millions of dollars in property taxes across 40 counties in the U.S. and Canada every year of operation, the pipeline would have generated.

Or the estimated $62 million in annual property taxes to Canadian and U.S. municipalities along the pipeline right-of-way, which would have supported community services such as fire protection, policing, schools, hospital districts and waste management.

Or the fact that the pipeline would have provided the US with a stable, secure supply of crude oil from North America, reaching U.S. Gulf Coast refiners and adding to critical needs for transportation fuel and useful manufactured products.

You might have a hard time understanding this, but remember when gasoline went up as high as $5-7 per gallon in 2022? Joe Biden's shutting down construction on the Keystone XL pipeline had everything to do with that, as well as the rest of his idiotic energy policies.

 

[Concerned American]

Apparently you don't care about the 60,000 (U.S., 42,000, and Canada, 17,000) direct, indirect and induced employment opportunities that were to be generated by the business that would have been created supplying goods and services to the project and the project’s workforce.

Or the tens of millions of dollars in property taxes across 40 counties in the U.S. and Canada every year of operation, the pipeline would have generated.

Or the estimated $62 million in annual property taxes to Canadian and U.S. municipalities along the pipeline right-of-way, which would have supported community services such as fire protection, policing, schools, hospital districts and waste management.

Or the fact that the pipeline would have provided the US with a stable, secure supply of crude oil from North America, reaching U.S. Gulf Coast refiners and adding to critical needs for transportation fuel and useful manufactured products.

You might have a hard time understanding this, but remember when gasoline went up as high as $5-7 per gallon in 2022? Joe Biden's shutting down construction on the Keystone XL pipeline had everything to do with that, as well as the rest of his idiotic energy policies.

Thank you. Outstanding, very informative post.

 

[petro]

Parts of Minnesota were 15°F above normal for the entire month.


Yeah.
It's fucking wonderful.
Last year, it was bitter, and record snowfall.

Best part, my heating use is so far about 40% down from last year at this time.
That's less carbon burning to heat all the homes here.

Sounds like a Win-Win, instead of the doom-gloom of the Climate Cultist.

 

[frigidweirdo]

Parts of Minnesota were 15°F above normal for the entire month.


Yeah.
It's fucking wonderful.
Last year, it was bitter, and record snowfall.

Best part, my heating use is so far about 40% down from last year at this time.
That's less carbon burning to heat all the homes here.

Sounds like a Win-Win, instead of the doom-gloom of the Climate Cultist.

Assuming the Minnesota is the whole planet.

The problem is, if it's 15°F higher there, then it's hotter in places that are already hot, making them difficult for people to live, while places too cold for people will suddenly become livable.

That means MIGRATION and IMMIGRATION.

 

[petro]

Assuming the Minnesota is the whole planet.

The problem is, if it's 15°F higher there, then it's hotter in places that are already hot, making them difficult for people to live, while places too cold for people will suddenly become livable.

That means MIGRATION and IMMIGRATION.

Really don't give a shit. They're getting waved in by Walmart greeters anyway.

Most of the Mexicans here get a rude awakening when it inevitably becomes -30 and it still will this winter. They definitely are not coming for the cooler weather...lol. It's for the money they can make by their own admission.


I will gladly trade their climate for the typically miserable one here.

 

[Concerned American]

It's for the money they can make by their own admission.

Sure, $15/hr to work in the fields of CA beats the hell out of 50 cents a day--if they get that. We have had unusual warm weather here in eastern WA/N. ID as well. But it isn't January yet......

 

[Crick]

All this AGW discussion is academic.

U.S. oil production hit a record under Biden. He seldom mentions it.

You won't hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

www.seattletimes.com

But the rate at which we are burning it has declined.

The dip near the end is the pandemic. I think it was JC456 who was looking for such evidence a bit ago and claimed his inability to see it on a graph of cumulative global emissions indicated the whole thing was a hoax. Much head shaking ensued.

 

[Deplorable Yankee]

All this AGW discussion is academic.

U.S. oil production hit a record under Biden. He seldom mentions it.

You won't hear President Biden talking about it much, but a key record has been broken during his watch: The United States is producing more oil than any country ever has.

www.seattletimes.com

Tell it to the Germans


The policies of (worst ever) Economics Minister Robert Habeck (Green Party) are leading the German economy to disaster. Photo: public domain.

It wasn’t long ago, when interest rates and inflation were low, and the economy and the business of renewable energies in Germany were booming.

But now, Blackout News reports how “the outlook for the renewable energy sector has deteriorated drastically” and affordable raw materials have become hard to get. Manufacturers are now reeling. “The renewable energy sector is facing the abyss” and is “on the brink.”

“The S&P Global Clean Energy Index, which monitors the performance of the sector, has fallen by 32% in the last 12 months, while the global stock markets have risen by 11%,” writes Blackout News. “These losses on the stock market not only affect the companies themselves, but also the investors and shareholders who have invested in renewable energies.”

Entire article (German) here.

Reduced work hours, job cuts

Blackout News also reports how the German economy in general, the biggest in Europe, is crumbling at its foundation. For example, construction equipment manufacturer Liebherr “is putting 1000 employees on short-time working for 9 months.”

Also Stiehl, Gardena and Hansgrohe, are “opting for short-time working and job cuts.”

Other famous German companies planning cuts include textile group Groz-Beckert in Albstadt-Ebingen, and chainsaw manufacturer Stihl,

“Rising inflation and the construction crisis are two of the main reasons for the current economic uncertainty. Rising inflation is putting a strain on households,” reports Blackout News.

The major driver of inflation and all the German economic misery? The rising cost of energy caused by the government’s incompetent energy policies.


Shit groz has been around since the 1850/60s
Every rag manufacturer round the planet has probably bought something from them at one time or another

 

[Crick]

“Rising inflation and the construction crisis are two of the main reasons for the current economic uncertainty. Rising inflation is putting a strain on households,” reports Blackout News.

The major driver of inflation and all the German economic misery? The rising cost of energy caused by the government’s incompetent energy policies.

Inflation was not driven up by the rising cost of energy. Energy costs rose for the most part in response to rising inflation and the curtailment of the use of Russian fossil fuels.

January 2023

What caused inflation to spike after 2020?​

Summary written by: Richard Hernandez

The United States was experiencing a period of low inflation before 2020. Then, in early 2020, the coronavirus disease 2019 (COVID-19) created various market problems, causing prices for goods and services to rise. In “Understanding U.S. inflation during the COVID era” (National Bureau of Economic Research, Working Paper 30613, October 2022), Laurence M. Ball, Daniel Leigh, and Prachi Mishra conduct indepth research to address the questions, What has caused U.S. inflation to rise since 2020, and where is it headed?

To answer these questions, the authors break down the headline inflation number into two categories: core inflation and deviations from the core inflation number. Core inflation is the level of slack or tightness in the labor market. Deviations from the core inflation number are the large changes in the price of a good or service in a particular industry. These deviations can also be unexpected inflation shocks to the headline inflation figure. These shocks can then lead to a pass-through inflation increase to core inflation.
As the labor market tightened during 2021 and 2022, core inflation rose as the ratio of job vacancies to unemployment increased. This ratio is used to measure wage pressures that then pass through to the prices for goods and services. As workers bargain for better pay, firms begin to increase prices. So, from this research, the authors find that three main components explain the rise in inflation since 2020: volatility of energy prices, backlogs of work orders for goods and service caused by supply chain issues due to COVID-19, and price changes in the auto-related industries.
To answer the question of where inflation is headed, the authors point to two factors: the relationship between vacancies and unemployment and long-term inflation expectations, because the Federal Reserve tames inflation by increasing interest rates. The authors forecast the December 2024 inflation level to range from 2.3 to 4.8 percent.
Ball and colleagues conclude that the rise in the ratio of job vacancies to unemployment contributed almost a third of the rise in core inflation of 2.0 percentage points over a 12-month period. The 2.0-percentage-point increase in inflation explains about half the rise in core inflation, climbing from 2.3 to 6.9 percent (total increase of 4.6 percentage points). And finally, they found that the main contributors to the headline inflation shocks were energy prices (2.7 percentage points) and a backlog of work (1.7 percentage points).

What caused inflation to spike after 2020? : Monthly Labor Review: U.S. Bureau of Labor Statistics

Researchers examine why inflation rose during the COVID-19 pandemic.

www.bls.gov

The current inflation rate is 3.1%, below the median of their estimated range.

Biden's treatment of the economy has been nothing short of masterful.

 

[Deplorable Yankee]

Inflation was not driven up by the rising cost of energy. Energy costs rose for the most part in response to rising inflation and the curtailment of the use of Russian fossil fuels.

January 2023

What caused inflation to spike after 2020?​

Summary written by: Richard Hernandez

The United States was experiencing a period of low inflation before 2020. Then, in early 2020, the coronavirus disease 2019 (COVID-19) created various market problems, causing prices for goods and services to rise. In “Understanding U.S. inflation during the COVID era” (National Bureau of Economic Research, Working Paper 30613, October 2022), Laurence M. Ball, Daniel Leigh, and Prachi Mishra conduct indepth research to address the questions, What has caused U.S. inflation to rise since 2020, and where is it headed?

To answer these questions, the authors break down the headline inflation number into two categories: core inflation and deviations from the core inflation number. Core inflation is the level of slack or tightness in the labor market. Deviations from the core inflation number are the large changes in the price of a good or service in a particular industry. These deviations can also be unexpected inflation shocks to the headline inflation figure. These shocks can then lead to a pass-through inflation increase to core inflation.
As the labor market tightened during 2021 and 2022, core inflation rose as the ratio of job vacancies to unemployment increased. This ratio is used to measure wage pressures that then pass through to the prices for goods and services. As workers bargain for better pay, firms begin to increase prices. So, from this research, the authors find that three main components explain the rise in inflation since 2020: volatility of energy prices, backlogs of work orders for goods and service caused by supply chain issues due to COVID-19, and price changes in the auto-related industries.
To answer the question of where inflation is headed, the authors point to two factors: the relationship between vacancies and unemployment and long-term inflation expectations, because the Federal Reserve tames inflation by increasing interest rates. The authors forecast the December 2024 inflation level to range from 2.3 to 4.8 percent.
Ball and colleagues conclude that the rise in the ratio of job vacancies to unemployment contributed almost a third of the rise in core inflation of 2.0 percentage points over a 12-month period. The 2.0-percentage-point increase in inflation explains about half the rise in core inflation, climbing from 2.3 to 6.9 percent (total increase of 4.6 percentage points). And finally, they found that the main contributors to the headline inflation shocks were energy prices (2.7 percentage points) and a backlog of work (1.7 percentage points).

What caused inflation to spike after 2020? : Monthly Labor Review: U.S. Bureau of Labor Statistics

Researchers examine why inflation rose during the COVID-19 pandemic.

www.bls.gov

The current inflation rate is 3.1%, below the median of their estimated range.

Biden's treatment of the economy has been nothing short of masterful.

That makes the Germans feel so much better
Did they send us a thank you card yet for blowing up nordstream

You better of had bugs for breakfast

 

[ReinyDays]

Of course this is academic ... no one's conserving ... no one's shutting down fossil fuels power plants ... except Oregon ...

Look at all the carbon dioxide Chick is producing ... she doesn't believe a word of what she says ... stupid bitch ... "proof-by-graph" is strictly political, not scientific ... watch, she'll post another graph here any second ... while she burns coal ...

Hypocrites deserve better ...

 

[DGS49]

The most interesting thing about "Global Warming" (it doesn't matter what you call it) is that the Greenies have been able to convince people in Minnesota (for example) that it's a "bad" thing, when manifestly it is a good thing.

 

[Matted Joybeard]

Minnesota Nice Wants Minnesota Ice: Locals Crave Bone-Chilling Normal

‘Maybe we’ll get lucky and have a polar vortex.’ Milder weather has shaken up routines, although golfing in winter isn’t too bad.

www.wsj.com

 

[ReinyDays]

The most interesting thing about "Global Warming" (it doesn't matter what you call it) is that the Greenies have been able to convince people in Minnesota (for example) that it's a "bad" thing, when manifestly it is a good thing.

Corn farmers will have get off their lazy asses two weeks earlier in Spring and have to work the harvest for a couple weeks more in Fall ... more water ... more sunshine ... more carbon ... farmers' worst enemies ... bigger crops crash prices ...

<sarcasm> Please use the phrase "climate change" ... global warming isn't scary sounding enough ... in fact ... global warming sounds like a good thing ... fuck them glaciers ... </sarcasm>