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You think GAS is HIGH
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<blockquote data-quote="RockyMtnMT" data-source="post: 2558581" data-attributes="member: 7999"><p>My kid did some work for an oil exec recently. According to him the biggest issue is no way to transport the oil, that is domestically produced, to the refineries. Kinda like guns are useless without ammo, refineries are useless without oil. Stifel the ability to transport crude and we get where we are today. I remember when I was a kid in the 80's and the dems wishing for us to have gas prices like the Europeans. I don't recall high fuel prices ever being an objective of the Republicans or conservatives. It has been for the left. I think it is a huge leap to say that the last administration would have had the same issues with fuel prices and inflation. I think there would have been issues of supply chain due to the shut down of the world economy. Oil is the engine of the world economy. We were a net exporter of oil in 2020. We are now once again an importer of oil. This is not the result of our production staying the same and our demand increasing beyond our capability to produce.</p><p></p><p>Yes, it is a world economy, and we drive it. Like it or not, US policy controls the world economy. I get to talk with people in diff counties fairly regularly. They lay their problems squarely at the feet of the current administration.</p><p></p><p>I think I will leave it at that and hope this can stay civil so it doesn't get shut down. Keep it cool fellas, and we might be able to continue the discussion.</p></blockquote><p></p>
[QUOTE="RockyMtnMT, post: 2558581, member: 7999"] My kid did some work for an oil exec recently. According to him the biggest issue is no way to transport the oil, that is domestically produced, to the refineries. Kinda like guns are useless without ammo, refineries are useless without oil. Stifel the ability to transport crude and we get where we are today. I remember when I was a kid in the 80's and the dems wishing for us to have gas prices like the Europeans. I don't recall high fuel prices ever being an objective of the Republicans or conservatives. It has been for the left. I think it is a huge leap to say that the last administration would have had the same issues with fuel prices and inflation. I think there would have been issues of supply chain due to the shut down of the world economy. Oil is the engine of the world economy. We were a net exporter of oil in 2020. We are now once again an importer of oil. This is not the result of our production staying the same and our demand increasing beyond our capability to produce. Yes, it is a world economy, and we drive it. Like it or not, US policy controls the world economy. I get to talk with people in diff counties fairly regularly. They lay their problems squarely at the feet of the current administration. I think I will leave it at that and hope this can stay civil so it doesn't get shut down. Keep it cool fellas, and we might be able to continue the discussion. [/QUOTE]
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