The "Gas" Thread

[tcrideshd]

Gas thread? Ok I’m loving gas prices

[BobH]

Well, I'll almost agree with that. I do think that the robber barons disappeared for the most part. The labor unions took credit for it but it was mainly due to workplace reform legislation protecting workers from unfair employment practices.

There was.however a period during the baby boom when it was pretty golden. We could go on and on about what went wrong with that and there is plenty of blame to go around but one big enemy we have in the US at least, really largely the western world as a whole but especially in the US, is consumerism. Entitlement is another one that plagues us but that is a whole other rabbit hole to rant about.

Yes, the old robber barons did die off but that class of people still exists today under a new guise so they really did not disappear entirely. Without unions there never would have been work place reform to begin with.

Yes, certainly the rise of rampant consumerism is part of the problem but then without incubating that trait which is in part how corporations continue to increase profits. You are going to hear a lot of squealing in the future as interest rates rise and consumers are debt loaded to previously unimaginable heights. We got there by encouraging the rampant consumerism through cheap and easy money loans. There are very many pieces to the puzzle of what got us to the present situation.

Bob

[thebigspendur]

Personally, I think it's worse now. The wealthy control this country lock, stock and barrel. They get whatever they want and the degree of control and the way the wealthy have snaked their way into the Economy and beyond is way beyond the late 19th and early 20th century. Whatever gains the greater majority of the population realized have all but melted away.

All this divisiveness in the U.S didn't just happen by serendipity. This has been an orchestrated act by the wealthy. It's the old story. Divide the country and while the masses are duking it out no one is watching the minority taking over. They are the real masters.

Most of these folks are busy buying citizenship in other countries and buying and building fortresses to weather any storm. As soon as things start going downhill they are outa here so fast your head will spin.

[Bill31521]

Personally, I think it's worse now. The wealthy control this country lock, stock and barrel. They get whatever they want and the degree of control and the way the wealthy have snaked their way into the Economy and beyond is way beyond the late 19th and early 20th century. Whatever gains the greater majority of the population realized have all but melted away.

All this divisiveness in the U.S didn't just happen by serendipity. This has been an orchestrated act by the wealthy. It's the old story. Divide the country and while the masses are duking it out no one is watching the minority taking over. They are the real masters.

Most of these folks are busy buying citizenship in other countries and buying and building fortresses to weather any storm. As soon as things start going downhill they are outa here so fast your head will spin.

The golden rule is and will always be. Those bozos in office are bought and paid for. The ones who scare me the most are the ones who say they are going to help the poor.

[PaulFLUS]

Ah yes. The consolidation of power. It has been the cause of more war and strife throughout history than probably any other cause. "For the love of money is a root of all kinds of evils."

Money in and of itself is not bad but it is really a tangible form and means of power. The love of it boils down to greed and lust for power.

It may be a stretch to say that things are worse now than in the time of the old robber barrons. It was pretty darn bad then and they too had the nation by the short hairs. More than once several of them wrote checks in the millions to bail out the US government. Don't think for one second that they did that out of the kindness of their hearts. I do however agree that there is puppetry going on in government, society and media especially social media. Also, Google is not your friend and I think we all know about their social engineering. A couple of quick synonymous searches on Google and Duck Duck Go on controversial topics can be quite revealing.

What I fear is another but larger version of the Peasant Revolt of 1524.

[gssixgun]

Oil / Gas is one of the most highly regulated industries across the world..

You can't have complete control of a product through government regulations, and then claim it isn't your fault when the price spikes....

LGB/FJB

[thebigspendur]

Crude no matter where it's from is traded on the open market. The price is determined there. Government Regulations certainly affect the price but in the end not by that much.

I guess, the U.S if it was totally self sufficient could tell the world screw you and we could keep all our production for ourselves but it would take Government Regulation to do that.

On the other hand Saudi Arabia could stop production totally tomorrow and then what?

[PaulFLUS]

Then they'd starve to death and we would maybe become self sufficient and self contained again. It would cost us but we could do it. All those other countries we have made rich by our trade may not be so lucky.

[sharptonn]

Gas thread? Ok I’m loving gas prices

Perhaps I am wrong, Tc. In the past high oil prices was a sure sign drilling and jobs were cranked-up and all in the industry benefited.

It seems now, the shutdowns and regulations imposed by this admin have soured the industry.

It's like nobody cares to crank things up just to have them shut down again.
Even as some blame the high prices on drillers not drilling. Irony by design?

Sort of like truckers not trucking.

[outback]

All have great comments, and agree with most all of them, but....

Nixon deregulated the oil companies.

Clinton sold out the country, with the signing of NAFTA.

Alls been down hill since.