think about this, the oil and gas industry has most Americans by the short hairs. Meaning it does impact your monthly expenditures for the average American if gas goes up significantly, or gasoline goes up significantly. Doesn't it seem a bit unfair, that the oil and gas and Auto industry control almost 20% of the average person's income and expenses, when it comes to heating, transportation etc.
If it were up to me, I'd prefer that we have nationalized nuclear plants that support a part of the grid for electric cars, trucks and utilities. Make oil and gas worthless to import, and while that may fuck over a few oil/ gas companies, they've been getting rich of the backs of the global population since Henry Ford put a label on a car. Hell, it would be better than polluting the ground, and air with CO2 & put our country back on top without steeling money from mom s n dad's pocketbooks. In larger metropolis areas they would supplement old grids and make recharging stations much more plentiful.
The only thing a POTUS changes is what open land leases can be explored or things like nuke plants for large government projects like Tennessee valley authority. Also doesn't need to be high pressure steam reactors, there are some cool new technology like thorium salt (not new but safer) or he'll, all this talk about fusion reactors, why not start to build an infrastructure to get some on line when the technology meets up with the ability to transmit.
Sadly, I don't think either would happen because our country can't even agree between parties whether we should fix Bridges or not. I think about what it took to build the Hoover dam, and the international highway system, and know for certain that we could do it, if both parties were willing. There's just too much dark money and private interest in politics. Can you imagine the oil industry hearing that they were going to be going out of business in the next 20 years? Or at least substantially in a downward spiral? Oil and gas are wasted by burning it, when it's much better to produce other things like ethylene and plastics, and other products instead of just setting it on fire. Hell they've even been talking about electric planes lately. In any event it won't be this administration that does it, nor the next one because these political parties are holding on to old, and I mean ancient ideas of make America great again like it was in the 50s, or crazy way out wacky green ideas for the sake of only the environment. The one thing about committing to a green technology would mean that you would literally make the Middle East and Russia almost worthless for the commodities they own underground. China still has lots of raw earth materials underneath like for making batteries and things but the future is electricity, and every electric company in the local area is building out their grids for charging stations already -go ahead and read about it- or you can look at EVERY auto manufacturer creating 4x the hybrid and electric autos. Worried about having a fast Hemi car? Try a Tesla plaid... The point is, that the car companies know it's coming, the electric companies know it's coming, and the fact that many conservatives think oil and gas will save us or help us, is like holding onto the anchor while treading water.
Originally Posted by eyecu2
U think? Maybe but if eyes getting his number is anything like his math, I dont think so
Since when is 1.1 only 1% of 19?
Must be the new left math
Originally Posted by chizzy
Sorry it's 5% of our use...but a 5% reduction doesn't not equate to a 200% increase. That's just not how this works. The whole pipeline hyperbole about where we get oil is a ruse from FOX news where their opinion based "Shows" just don't support the facts.
The real threat to gasoline pricing would be what would happen if OPEC decided to cut production 30%, globally you would see the cost of oil double and that would impact the entire world.
All the more reason to switch to a different consumable versus strictly oil derivatives. We could literally drive those countries who have their only resources that's oil into bankruptcy. I'm not saying I want the oil and gas industry to be worthless, or eliminate those jobs because we'll always need petroleum products for lubricants and specialized uses including jet fuel and other fuels, but it seems that they have always held the US population hostage whether it be the changeover to Summer mix for gasoline, or a refinery breaking down, or all the politics around a pipeline like the keystone. I've mentioned it several times pipelines do not benefit most local consumers, they benefit the oil companies