Right wing lunacy - Oil Companies profits at all time high

4,357 Views | 78 Replies | Last: 7 days ago by OffshoreBear
OffshoreBear
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Waco1947 said:

OffshoreBear said:

Waco1947 said:

OffshoreBear said:

FLBear5630 said:

Waco1947 said:

FLBear5630 said:

GrowlTowel said:

FLBear5630 said:

canoso said:

FLBear5630 said:

Adriacus Peratuun said:

FLBear5630 said:

Adriacus Peratuun said:

Mitch Blood Green said:

GrowlTowel said:

Waco1947 said:

Trump tells his rally that oil companies are doing great and their profits are at an all-time high. Meanwhile, the very people cheering him on are getting hammered by high gas prices and aren't benefiting one bit from those record profits. And somehow, they remain blind to the contradiction. They cheer while corporations prosper at their expense, apparently unable to recognize that the policies they support are hurting their own pocketbooks.

Name one, just one policy put forth by a democrat in the last 25 years that was designed to reduce gasoline prices.


Green Energy. (Renewable) Electric vehicles. Both would reduce our dependence on carbon fuels and drive down gas prices.

The most disturbing thing is that after 9/11, as a nation, we should have been ALL IN on reducing Middle East oil imports and consumption.

https://www.weforum.org/stories/energy-transition/china-adding-more-renewables-to-grid

You can't be that stupid. But maybe you can.

What powers electrical generation?
Tell us how Europe's fixation with Green policies has reduced their fuel costs.
Tell us why China's use of hydrocarbons is rising year over year.

Green policies are simply a way for stupid people to feel morally superior.

FYI……the growth of global energy consumption insures that every potential energy source will be utilized to its maximum potential. Math is brutal on the fantasies of the Left.

You asked for policies that they put forward. Not quality assessments of how they would do. The Dems believe it would work and they put it forward. You don't have to agree. Trump is doing aspects of the Green New Deal why do you think Musk is so involved...

You want to get into stupid policies? Maybe - Tariffing the world, going to War with Iran... There are no shortage of stupid ideas with this administration, as well.

As always your reading comprehension is poor. I asked nothing. I did opine on the stupidity of his answer to someone else's question.

And stop being obtuse. No one asks about policies simply to take a survey upon whether any were offered. That question (at least to any normal person) is an inquiry into workable policy.

And deflecting onto other topics is the hallmark of not having a substantive response.

Demand for electricity is double the growth in demand for total energy and exceeds growth in GDP by about 1/3.
Renewables are already the largest energy supplier by a large margin. Any person with a minimum of education understands that energy faces a demand bubble not a supply source issue. And China is the epicenter of that bubble despite sourcing energy (at a much higher percentage) from renewables than Europe or North America.

Your need to infuse your hatred of Trump into every conversation even at the expense of making blatantly false and stupid comments as the jumping off point makes folks question your sanity. Try some bran.



You are so full of *****.. The question was not about the workability of the Green New Deal. It was a out putting forward policies to lower gas prices. So, yes in an election year people do survey if they put out policies.

What a f-ing joke, you were discussing the inner workings of the Green New Deal! You got caught being wrong and went personal. Again...




^^^^^ What happens when the dentist drills without anesthesia........

Keep cheering and voting like they want you to.

And 98% of all democrats.

Yeah, them too.

Only solution is vote policies, not Party. Mixed Government based on what they believe and said they would do. I would vote for Massie(R) and Kelly (D). Could give a rats ass what Party.

So far only exception for me is MAGA Judges. I want them gone...



my argument for a long time. Right now it seems to me that Democrats align more closely to the policies I want. However, having said that text by partisan work for infrastructure for Medicare for tax reform for immigration, reform, etc..

I literally voted for a mix about equal GOP and Dem based on their positions. If Judges were put in by Jeb Bush, I voted to keep them. Trump, out. I am done with Party politics.
Yeah, because liberal judges have done such a great job. Lol.

But seriously, if you're voting for both a liberal Democrat and a conservative Republican, what exactly do you stand for politically? Their positions on taxes, spending, immigration, the courts, and the role of government are fundamentally different. I'm all for voting for the person over the party, but at some point, your votes should reflect some consistent political principles. How do you reconcile supporting two candidates with such opposing views?
Tell me about the judges and what they did wrong.




now review for me the judges that Trump appointed that partisan
he swung a missed on 2 Supreme Court justices unfortunately
I came for the rumors, stayed for the overreactions.
EatMoreSalmon
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Waco1947 said:

The most accurate answer is one publicly confirmed Trump appointee, Joshua Kindred, with the total including confidential reprimands unknown.


Kindred resigned for being a lousy person toward his employees and lying about it to investigators. That's not partisan. That's a problem seen in all stripes of judges.
Now find one reprimanded for partisan actions. There is one, but you apparently did not know that answer.
Waco1947
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EatMoreSalmon said:

Waco1947 said:

The most accurate answer is one publicly confirmed Trump appointee, Joshua Kindred, with the total including confidential reprimands unknown.


Kindred resigned for being a lousy person toward his employees and lying about it to investigators. That's not partisan. That's a problem seen in all stripes of judges.
Now find one reprimanded for partisan actions. There is one, but you apparently did not know that answer.
. You're right I don't know.
Waco1947
gtownbear
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I don't look at profits a company, corporation or industry makes as a negative. I see it as a positive of our capitalistic system. That business uses those profits to provide salaries for its employees, for health benefits for those employees and all other benefits. In addition those profits provide the money that entity uses to invest in further product development or investment in research into new products, etc. It also is the reason our economic system is better at innovation and has moved society to greater gains than any other system. So I disagree with anyone saying the oil company profits are a bad thing.

In fact a great case can be made for the reason we are behind in providing needed power supply to meet the increasing demands of a growing economy and the power required to run the data centers used for AI is the past push by governments at all levels to decrease the use of coal generators, nuclear power and even natural gas generators and pipelines carrying natural gas, in favor of laws forcing the use of wind and solar power, EV's and other green energy sources. Who would favor intermittent forms of energy over reliable, controllable energy sources? With necessary backup reliable sources for when intermittent forms do not produce, additional costs in the form of new transmission lines from where windmills and solar farms are and other costs, subsidies were necessary to make green energy look cheaper than fossil fuel generators. The result was that capital was directed to inefficient areas rather than efficient areas leading to less overall energy production. Now we are behind the curve trying to play catch up.
Danielsjackson114
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Liberals love when companies to well under their leadership but HATE vice versa
Harrison Bergeron
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gtownbear said:

I don't look at profits a company, corporation or industry makes as a negative. I see it as a positive of our capitalistic system. That business uses those profits to provide salaries for its employees, for health benefits for those employees and all other benefits. In addition those profits provide the money that entity uses to invest in further product development or investment in research into new products, etc. It also is the reason our economic system is better at innovation and has moved society to greater gains than any other system. So I disagree with anyone saying the oil company profits are a bad thing.

In fact a great case can be made for the reason we are behind in providing needed power supply to meet the increasing demands of a growing economy and the power required to run the data centers used for AI is the past push by governments at all levels to decrease the use of coal generators, nuclear power and even natural gas generators and pipelines carrying natural gas, in favor of laws forcing the use of wind and solar power, EV's and other green energy sources. Who would favor intermittent forms of energy over reliable, controllable energy sources? With necessary backup reliable sources for when intermittent forms do not produce, additional costs in the form of new transmission lines from where windmills and solar farms are and other costs, subsidies were necessary to make green energy look cheaper than fossil fuel generators. The result was that capital was directed to inefficient areas rather than efficient areas leading to less overall energy production. Now we are behind the curve trying to play catch up.

This ... as well as the "grocery stores record profit" rage-bait when Oatmeal Brains were president ... LWNJs don't understand margin vs. profit.
Waco1947
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I do understand that consumers are going deeper in debt to their credit cards.
Waco1947
EatMoreSalmon
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Waco1947 said:

I do understand that consumers are going deeper in debt to their credit cards.

Revolving credit has actually grown less under Trump than under Biden.

https://www.federalreserve.gov/releases/g19/current/

Average annual percentage growth of revolving consumer credit:

2021-2024
8.825%

2025-2026 (2026 is so far, not including quarters 2-3 which will be revised.)
3.65%

2025-2026 (using worst case of the highest month in Q3 becoming the 2026 growth rate)
4.55%

2025-2026 (using the best case of the lowest month in Q3 becoming the 2026 growth rate - which won't happen)
-.55%
OffshoreBear
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If people think America is poor, you should travel to Europe. Just bc a person leases an Escalade when they can't afford it and goes into debt doesn't mean the economy sucks.
I came for the rumors, stayed for the overreactions.
 
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