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Economies update
Comments
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Your vagina is infrastructureMelloDawg said:
It's still Shart Week. -
It's ALL political. It's banned because it's defined as a "fossil fuel" and it doesn't matter that propane or natural gas burn many multiples cleaner than other fuels which are neither banned, nor exempt, such as government-owned, diesel burning buses, fire engines, utility trucks and street sweepers. And I can't wait to see those battery-fuelled lear jets flying pols and billionaires around the world after 2030. Not. Gonna. Happen.RaceBannon said:
Berkeley banned Natural Gas. That should helpTurdBomber said:
In addition to Seattle's coercive 7% (.25 per gallon) heating oil tax to drive all the old folks onto the City electrical grid.WestlinnDuck said:
This winter, heating costs - natural gas, oil, coal fired electricity will be up much more than 6%.TurdBomber said:
Fuel is up over 50% in some places.WestlinnDuck said:
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%!
Fraudulent "Think Tanks" like the Sightline Institute create astroturf "movements" for bullshit ideas like this, paid by their corporate new energy titans, like Gates and Bezos, and they write ridiculous stories about the "dangers" of natural gas when burned in a "confined area." Gee, when was the last time anyone saw a gas stove that didn't have a ventilation hood over it to remove the emission gases? Ever seen anyone pass out from off-gasses from a Viking or Wolf? Didn't think so.
Fucking liars, all up and down both coasts, whoring themselves for bunch of old-world capitalists trying to screw everyone out of their last nickel and dime to prove their worthiness of some forgettable legacy. -
The Throbber has written a LOT of checks for hydraulic fracking fluid. Fracking has been around for decades.WestlinnDuck said:
No, but there was barry and fracking was a growth industry and despite of barry's drilling restrictions a growth industry. . Now stalled out for some reason under the dementia patient.Goduckies said:
When you were 18 was there fracking2001400ex said:
If I wasn't on a pitch count I'd bump all the threads of the clowns using those 3 metrics while Trump was president to say the economy is awesome. Clearly most here have a lack of basic self recognition.Swaye said:2001400ex said:Market at all time high.
https://www.marketwatch.com/amp/story/u-s-stock-futures-pause-at-record-highs-as-fed-decision-looms-11635845377
Unemployment dropping.
https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html
GDP growth at 2.8%, which is higher than it was in 19.
All great news!! The country is back baby!
Yet gas is basically the same as it was in 18 and shockingly you can't find posts of you guys (yes I said you guys) complaining about it.TurdBomber said:
Fuel is up over 50% in some places.WestlinnDuck said:
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%!
What changed was the introduction of horizontal wells and drilling into shale formations like the Barnett and the Bakken. Different techniques and fluids applied over a much longer, potentially disruptive run of the lateral drill hole. That started in the late 90's/early 2000's.
There's some pretty interesting historical data on oil prices here. https://www.macrotrends.net/1369/crude-oil-price-history-chart
Oil needs to stay in about the $60 +-/bbl range for the producers to make money and the public to remain relatively calm with regards to prices at the pump. Kind of interesting to see that oil prices under Obama/Biden are appreciably higher than under Bush/Trump. One would think just the opposite that it would be the greedy Republicans serving oil special interests.
Perhaps the Big Guy is getting his 10% off oil, too.
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It's down around $35 bbl now for break even. Not for starting new wells though.PurpleThrobber said:
The Throbber has written a LOT of checks for hydraulic fracking fluid. Fracking has been around for decades.WestlinnDuck said:
No, but there was barry and fracking was a growth industry and despite of barry's drilling restrictions a growth industry. . Now stalled out for some reason under the dementia patient.Goduckies said:
When you were 18 was there fracking2001400ex said:
If I wasn't on a pitch count I'd bump all the threads of the clowns using those 3 metrics while Trump was president to say the economy is awesome. Clearly most here have a lack of basic self recognition.Swaye said:2001400ex said:Market at all time high.
https://www.marketwatch.com/amp/story/u-s-stock-futures-pause-at-record-highs-as-fed-decision-looms-11635845377
Unemployment dropping.
https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html
GDP growth at 2.8%, which is higher than it was in 19.
All great news!! The country is back baby!
Yet gas is basically the same as it was in 18 and shockingly you can't find posts of you guys (yes I said you guys) complaining about it.TurdBomber said:
Fuel is up over 50% in some places.WestlinnDuck said:
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%!
What changed was the introduction of horizontal wells and drilling into shale formations like the Barnett and the Bakken. Different techniques and fluids applied over a much longer, potentially disruptive run of the lateral drill hole. That started in the late 90's/early 2000's.
There's some pretty interesting historical data on oil prices here. https://www.macrotrends.net/1369/crude-oil-price-history-chart
Oil needs to stay in about the $60 +-/bbl range for the producers to make money and the public to remain relatively calm with regards to prices at the pump. Kind of interesting to see that oil prices under Obama/Biden are appreciably higher than under Bush/Trump. One would think just the opposite that it would be the greedy Republicans serving oil special interests.
Perhaps the Big Guy is getting his 10% off oil, too.
This administration has already demonstrated that they lack a fundamental understanding of any economics. -
Should do wonders for inflation.MelloDawg said: -
yes - all in cost much higher.UW_Doog_Bot said:
It's down around $35 bbl now for break even. Not for starting new wells though.PurpleThrobber said:
The Throbber has written a LOT of checks for hydraulic fracking fluid. Fracking has been around for decades.WestlinnDuck said:
No, but there was barry and fracking was a growth industry and despite of barry's drilling restrictions a growth industry. . Now stalled out for some reason under the dementia patient.Goduckies said:
When you were 18 was there fracking2001400ex said:
If I wasn't on a pitch count I'd bump all the threads of the clowns using those 3 metrics while Trump was president to say the economy is awesome. Clearly most here have a lack of basic self recognition.Swaye said:2001400ex said:Market at all time high.
https://www.marketwatch.com/amp/story/u-s-stock-futures-pause-at-record-highs-as-fed-decision-looms-11635845377
Unemployment dropping.
https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html
GDP growth at 2.8%, which is higher than it was in 19.
All great news!! The country is back baby!
Yet gas is basically the same as it was in 18 and shockingly you can't find posts of you guys (yes I said you guys) complaining about it.TurdBomber said:
Fuel is up over 50% in some places.WestlinnDuck said:
Real inflation is way up over 6% for the average joe - Food, gas, housing.RaceBannon said:Wages rose 0.4% for the month and were up 4.9% from a year ago.
And inflation is over 6%!
What changed was the introduction of horizontal wells and drilling into shale formations like the Barnett and the Bakken. Different techniques and fluids applied over a much longer, potentially disruptive run of the lateral drill hole. That started in the late 90's/early 2000's.
There's some pretty interesting historical data on oil prices here. https://www.macrotrends.net/1369/crude-oil-price-history-chart
Oil needs to stay in about the $60 +-/bbl range for the producers to make money and the public to remain relatively calm with regards to prices at the pump. Kind of interesting to see that oil prices under Obama/Biden are appreciably higher than under Bush/Trump. One would think just the opposite that it would be the greedy Republicans serving oil special interests.
Perhaps the Big Guy is getting his 10% off oil, too.
This administration has already demonstrated that they lack a fundamental understanding of any economics.
When it was at $24/bbl....wellbye.gif
$55 to $60, everybody stays pretty well at peace. Much higher and the consumers get fucked, much lower, the producers start sweating.
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This aged like milkMelloDawg said: -
Joe Rogan nailed it.... all you fuckers are in a cult. It's a cult that the dems created, which you all accused us of. Holy shit, please don't pass on the koolaid when they pass it out.
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Nomination for shitpoast of the year.MelloDawg said: -
lol at cherrypicking an UE% that doesn’t factor in those who have left the workforce entirely. RUE is up from 2019 in a big way.
There are 11m open jobs in the US.
There are 4m LESS people in the workforce than at the same time in 2019.
Now you tell me how real UE could possibly be down from 2019, hondo. Do your best job. Use your words. Write slowly.
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4.5 million quit their jobs instead of taking the vax, last month! I'm betting they keep those numbers out of the equation.
