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course I don't but we do get enough oil from the USA for OUR own consumption therefore the price shouldWell, because you’re confused.
First let me ask you a question...who is “we”? Its going to sound challenging but I don’t mean to.
DO you produce any oil? Me neither. Neither does 360,800,000 of the citizens in our 361,000,000 population. The 200,000 who do work in production don’t work for this “we” you’re talking about. They work for Chevron, Exxon, Texaco, BP/Amoco, Shell, etc... The oil they produce is sold to the highest bidder...not the “we”in the US...unless it makes economic sense for them to sell it here.
I’m not sure the blob knows this and can see the correlation between global commodities and how we’re all drinking from the same milkshake. When there is less milkshake, the price goes up.
The ironic thing is that if we were to nationalize the oil industry and keep the petroleum made by our companies here, gas actually would be cheap. Your 401k would be crap; the economy would be crap, the exploration component of the business would be crap--why explore for more oil if you can’t extort it for profit later on? Socialism from the retail gas view... would be good for the consumer in this case.
Its also important to point out that the retail gas market is a small % of what they want to produce. Jet fuel is much more important.
What the blob should be doing is working with the oil companies to up the % of barrels of oil extracted and imported devoted to retail gas. Up the supply, down goes the price. Conversely, the supply of jet fuel goes down so the price goes up.
But I don’t think he understands even that basic concept.
yes it's global and yes OPEC can set the price, war in the middle east and they get spookedIt's a global market, which sets the price. Just because we produce a lot doesn't mean we get a break on price. That's where "supply and demand" break down.
You're the liar. Just some cursory research proves that.Him mad that his lying ass got called out.
Yes, the shipping lanes are being affected, thanks to the Iranian Regime, or what's left of it. However, let's be honest, those companies are always looking for an excuse to jack the price of oil through the stratosphere. I honestly don't see the prices coming down even if it ends quickly.Because of Trump’s idiotic war… the oil shipping lanes are closed
And how's that?Hypocrite.
Nope.You're lying.
Leftwingers wanted the brutal dictatorships to survive in Iran and Venezuela. How can people wish such harm to fellow human beings?Because of Trump’s idiotic war… the oil shipping lanes are closed
Most vets love Trump.Disabled veteran here son, how about you?
We’re a long way from ended “brutal dictatorships “ in either country and it’s gonna cost a LOTLeftwingers wanted the brutal dictatorships to survive in Iran and Venezuela. How can people wish such harm to fellow human beings?
No, they don't.Most vets love Trump.
Yeah they do.No, they don't.
Idiot how many veterans do you know and talk to?Yeah they do.
You have no idea what you're talking about ... as per usual.
Several. And they love Trump..Idiot how many veterans do you know and talk to?
um, this has been something ISRAEL he wanted to do for 40 years but could notBecause of Trump’s idiotic war… the oil shipping lanes are closed
I don't talk cowards who didn't serve, but attack those who have.Several. And they love Trump..
You probably only talk to black militant ones who hate America just like you do.