CFM Posted August 12, 2021 Share Posted August 12, 2021 2 hours ago, Jimmy Snacks said: So much easier for some of these hacks to just blame Biden. Lower at home oil production, increase regulations….nah, that won’t increase price at all. “It’s a normal trend” they say…..lolololol Drop all effort to keep illegal immigrants out. Nah, that won’t increase illegal border crossing. ‘It’s a normal trend” they say….lololololol 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted August 12, 2021 Share Posted August 12, 2021 3 hours ago, J. Jackson said: Sure. We were basically energy independent. Not anymore.... Sucked exporting surplus. So what pipeline was shut down that caused the loss of our energy independence? When the oil price war hit its peak Trump bragged about buying the nations reserves from Saudi Arabia on the cheap for $22/ barrel. However he could have bought Texas oil for $4/ barrel and they were to the point they were going to have to dump the shit out because they had nowhere to put it. What did that do to our domestic producers? Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted August 12, 2021 Share Posted August 12, 2021 (edited) 1 hour ago, Anler said: So what pipeline was shut down that caused the loss of our energy independence? When the oil price war hit its peak Trump bragged about buying the nations reserves from Saudi Arabia on the cheap for $22/ barrel. However he could have bought Texas oil for $4/ barrel and they were to the point they were going to have to dump the shit out because they had nowhere to put it. What did that do to our domestic producers? So you're saying that his anti fossil fuel agenda has not affected the price of petroleum products. Fine. Edited August 12, 2021 by J. Jackson Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 13, 2021 Share Posted August 13, 2021 Gas is 3.25 a gallon and diesel is 3.49 has been for a few months was at 3.34 and 3.55 for a few weeks a couple of months ago. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 13, 2021 Share Posted August 13, 2021 14 minutes ago, 1jkw said: Gas is 3.25 a gallon and diesel is 3.49 has been for a few months was at 3.34 and 3.55 for a few weeks a couple of months ago. So regressive taxes are ok as long as Biden is the leftists puppet…..? Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 13, 2021 Share Posted August 13, 2021 12 minutes ago, Sleepr2 said: So regressive taxes are ok as long as Biden is the leftists puppet…..? Well actually we have the highest taxes in the US thanks to a republican house, senate, and gov. Quote Link to comment Share on other sites More sharing options...
Anler Posted August 13, 2021 Share Posted August 13, 2021 3 hours ago, J. Jackson said: So you're saying that his anti fossil fuel agenda has not affected the price of petroleum products. Fine. Yep Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 13, 2021 Share Posted August 13, 2021 45 minutes ago, 1jkw said: Well actually we have the highest taxes in the US thanks to a republican house, senate, and gov. Who pays taxes A MarketWatch analysis of IRS statistics — which shows tax-filing figures through late November 2019 — revealed: • Americans had $1.552 trillion in tax liabilities last year, compared with $1.619 trillion in total tax liabilities at the same point a year prior. That’s a drop of 4% on a year-over-year basis. • The double-digit percentage decreases in average tax liability started with a 12.5% drop for people making $15,000 to $20,000 a year. Double-digit percentage reductions in liability continued for people making $25,000 to $30,000 (down 11.2%) through $100,000 to $200,000 (down 10.96%). • Taxpayers making between $40,000 and $50,000 a year had the largest fall in average tax liability, a 14.5% drop, while high-end households making between $250,000 and $500,000 had the second largest decrease, with a 14.4% liability reduction. • Taxpayers making at least $1 million had a 4.3% decrease in average tax liability. Across income groups, most Americans got a tax cut under the 2017 law, according to the independent Tax Policy Center. Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 13, 2021 Share Posted August 13, 2021 31 minutes ago, Sleepr2 said: Who pays taxes A MarketWatch analysis of IRS statistics — which shows tax-filing figures through late November 2019 — revealed: • Americans had $1.552 trillion in tax liabilities last year, compared with $1.619 trillion in total tax liabilities at the same point a year prior. That’s a drop of 4% on a year-over-year basis. • The double-digit percentage decreases in average tax liability started with a 12.5% drop for people making $15,000 to $20,000 a year. Double-digit percentage reductions in liability continued for people making $25,000 to $30,000 (down 11.2%) through $100,000 to $200,000 (down 10.96%). • Taxpayers making between $40,000 and $50,000 a year had the largest fall in average tax liability, a 14.5% drop, while high-end households making between $250,000 and $500,000 had the second largest decrease, with a 14.4% liability reduction. • Taxpayers making at least $1 million had a 4.3% decrease in average tax liability. Across income groups, most Americans got a tax cut under the 2017 law, according to the independent Tax Policy Center. And this has what to do with the price of gas? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted August 13, 2021 Platinum Contributing Member Share Posted August 13, 2021 17 hours ago, CFM said: Lower at home oil production, increase regulations….nah, that won’t increase price at all. “It’s a normal trend” they say…..lolololol Drop all effort to keep illegal immigrants out. Nah, that won’t increase illegal border crossing. ‘It’s a normal trend” they say….lololololol We’re talking about pipelines that were closed by Biden which led to increased fuel prices…try to focus. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 13, 2021 Share Posted August 13, 2021 11 hours ago, 1jkw said: And this has what to do with the price of gas? Trump lowered taxes.. Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 13, 2021 Share Posted August 13, 2021 1 hour ago, Sleepr2 said: Trump lowered taxes.. And raised the debt to record levels and nearly doubled the deficit, and that was prior to the pandemic. And it still has nothing to do with the price of gas, although after the tax cuts and deregulation the national average gas price was higher than 2015 and 2016, only time gas was lower was during the pandemic. 1 Quote Link to comment Share on other sites More sharing options...
racer254 Posted August 13, 2021 Share Posted August 13, 2021 Man, we have went through this multiple times. Gasoline prices on average during OBAMA were higher than during TRUMP. It was only right before the election that they started to go down. Closing the pipeline leads to HIGHER GAS PRICES. Closing a refinery leads to HIGHER GAS PRICES. Closing an area for oil exploration leads to HIGHER GAS PRICES. Not really that hard of a concept to figure out. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 13, 2021 Share Posted August 13, 2021 2 hours ago, 1jkw said: And raised the debt to record levels and nearly doubled the deficit, and that was prior to the pandemic. And it still has nothing to do with the price of gas, although after the tax cuts and deregulation the national average gas price was higher than 2015 and 2016, only time gas was lower was during the pandemic. Yeah, COVID-19 had nothing to do with that, where’s you concern about debt during Obambi or Biden? Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted August 13, 2021 Share Posted August 13, 2021 On 8/12/2021 at 10:58 AM, Skidooski said: I can't wait for the days when we'll be arguing about kWh prices, mandated brown outs etc instead YAY Tesla and exploding transformers. Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 13, 2021 Share Posted August 13, 2021 29 minutes ago, Sleepr2 said: Yeah, COVID-19 had nothing to do with that, where’s you concern about debt during Obambi or Biden? If you read what I said that was pre-covid. So Trump spent more in his first 3 years than Obama did in his last 4, and that was pre -pandemic, Obama spent an average of about 1.1 trillion a year Trump about 1.6 trillion per year. You are the guy who cried endlessly about spending, right up until Jan. 2017, then not so much. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted August 13, 2021 Platinum Contributing Member Share Posted August 13, 2021 30 minutes ago, ActionfigureJoe said: Tesla and exploding transformers. We'll be in flying cars soon like the Jetsons and all of this trivial stuff will be a distant memory. Infrastructure, battery tech, precious metals, electrical grid and power generation. Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 13, 2021 Share Posted August 13, 2021 2 hours ago, racer254 said: Man, we have went through this multiple times. Gasoline prices on average during OBAMA were higher than during TRUMP. It was only right before the election that they started to go down. Closing the pipeline leads to HIGHER GAS PRICES. Closing a refinery leads to HIGHER GAS PRICES. Closing an area for oil exploration leads to HIGHER GAS PRICES. Not really that hard of a concept to figure out. Not during 2015 and 2016, no matter how many times you try to deny it. Gas prices had trended down, just as U.E. trended down and the stock market trended up. On average Trump added more the to debt than Obama did. Trumps farmer bailout cost more than the auto bailout and nothing got payed back and his tariffs bankrupted many farmers. Remember how many years you cried about the auto bailout? Quote Link to comment Share on other sites More sharing options...
XCR1250 Posted August 14, 2021 Author Share Posted August 14, 2021 Friday, August 13, 2021 Washington Examiner During the pre-COVID-19 Trump era, the low price of gas helped sustain an economic boom that brought wage increases for lower-class workers and spurred unprecedented low levels of unemployment. The main reason for the low gas prices was that a huge surge in domestic and North American production was driving prices down. Even more importantly, the production was freeing the United States energy market from the vagaries of Middle Eastern politics and weakening such malign actors as Russian President Vladimir Putin, whose ability to sow chaos depends upon oil revenue. During that period, thanks to fracking technology and a federal government committed to commonsense regulation, the U.S. became the world’s leading oil producer. It also became a net exporter of oil, even as the nation decreased carbon emissions, thanks to the surge in natural gas production. Unfortunately, President Joe Biden has been determined to undo this progress ever since he took office. He halted construction on the Keystone XL pipeline and banned new leasing for energy on federal lands. He happily indulges the delusions of extremists who believe the U.S. must enter an age of managed decline and lower living standards in order to stave off an imaginary apocalypse. Yet even as he is taking specific steps to cripple the domestic energy industry, Biden recognizes that he is harming motorists. He fears the political consequences, and rightly so. This is why, even as he bows down to environmentalist fanatics by maiming his own country’s energy industry, Biden is for at least the second time this summer pathetically begging OPEC, the international oil cartel, to increase production in order to bring prices down. It’s like the Jimmy Carter presidency all over again. “Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery,” reads the latest statement from national security adviser Jake Sullivan to the OPEC bosses. He is right, of course — if only his boss understood as much. If Biden wants the recovery to continue in spite of the inflation he is causing with his big-spending ways, he should start by taking his boot off the neck of the nation’s economy so that everybody can go back to not knowing or caring about what OPEC’s bosses are thinking. It is past time for Biden to stop whining to OPEC and instead start letting people make use of the natural resources with which God endowed this great land. Many lives and livelihoods depend on it. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 15, 2021 Share Posted August 15, 2021 On 8/13/2021 at 2:15 PM, 1jkw said: If you read what I said that was pre-covid. So Trump spent more in his first 3 years than Obama did in his last 4, and that was pre -pandemic, Obama spent an average of about 1.1 trillion a year Trump about 1.6 trillion per year. You are the guy who cried endlessly about spending, right up until Jan. 2017, then not so much. Still against spending,I don’t see yo whining about Biden’s spending spree Quote Link to comment Share on other sites More sharing options...
J. Jackson Posted August 15, 2021 Share Posted August 15, 2021 https://www.thebalance.com/deficit-by-president-what-budget-deficits-hide-3306151 Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 15, 2021 Share Posted August 15, 2021 1 hour ago, Sleepr2 said: Still against spending,I don’t see yo whining about Biden’s spending spree How much has Biden spent so far compared to what Trump spent last year? How much did Biden claim he would cut the debt and deficit? Biden said he was going to spend and he is, are you surprised? Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted August 15, 2021 Share Posted August 15, 2021 3 hours ago, 1jkw said: How much has Biden spent so far compared to what Trump spent last year? How much did Biden claim he would cut the debt and deficit? Biden said he was going to spend and he is, are you surprised? Please link any post you’ve made about cutting spending Quote Link to comment Share on other sites More sharing options...
1jkw Posted August 15, 2021 Share Posted August 15, 2021 7 hours ago, Sleepr2 said: Please link any post you’ve made about cutting spending Please answer the questions first. Quote Link to comment Share on other sites More sharing options...
racer254 Posted August 15, 2021 Share Posted August 15, 2021 15 hours ago, Sleepr2 said: Still against spending,I don’t see yo whining about Biden’s spending spree Yep, Every conservative pushes against spending. Only democrats constantly support spending on their side and complain about it when it is a republican. Also, they are constantly complaining about LOWERING TAXES. What kind of moron complains when he is able to keep his money instead of letting the government take it to spend. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.