I will confirm with Mr YD who was an oil field geologist before retirement.

If it is about adding lease approval, it is a long haul from approving a lease to actual production (which would make a difference) Not to mention that if we are talking about Alaska here, drilling there would be difficult and take a long time, and it's always a gamble that the well(s) will even be productive.

And all I get is complete silence.

which are producing. Drilling is down, because right now it is not cost-effective for the oil companies.

TFG can yak all he wants to about drill baby drill, but if there is no profit the oil companies will not drill

The oil companies are not forced to sell domestically produced oil here. Or do I have that wrong?

Our production is highest in the world, but we don't produce enough of the type we need. Other countries will buy the oil we can't use and sell the oil we will use to us.
There are a lot of political considerations going on here, and those considerations are the main reason a president has very little if any clout in reducing prices at the pump.

OPEC controls the price per barrel by increasing or reducing its production. This, added to corporate greed by Big Oil greatly determines price at the pump

I Googled "how much of our oil production is used here in the us" and found a lot of interesting information

Which of course is framed to make them believe it is all for their benefit

Here in Texas, we have the whole gun business -of course you know Democrats have been
"taking guns away "since 2008 or thereabouts (in spite of the fact that gun laws have been relaxed a number of times here)

Abortion is another big issue here - I am hoping the angry women show up at the polls.

The other factor here is the dominance of Christian Nationalism. There is a reason Abbott is so stubborn about vouchers; his big money backers want the public schools gone

That Trump took away their bump stocks.

They have no plan, except to blame Biden/Obama/libruls.

is that they're not usually EXPECTED to have one or to provide specifics. However, Democrats are always expected to and usually have some kind of ideas about what to do to address it but can't do much unilaterally (if they have the Presidency) when one or both chambers of Congress is a zoo because of Republicans.

And even when we do present a plan, we got mocked for being nerdy. (See Al Gore's plan for the Social Security lock box)

"wonky"

I was about to post "Don't they understand that cutting taxes is a catalyst for inflation?". This country is full of economic morons. Yeh, "covid money" caused inflation, but cutting taxes for the top 10% so they can buy houses out from under working people doesn't. Good grief, we are doomed.

Last edited Sun Apr 28, 2024, 02:56 PM - Edit history (1)

Instead real global supply problems, many a result of covid disruptions not Covid stimulus spending, and the rather sudden relaxation of the global lockdown spiking consumer demand, and a combination of wage increases and reactive price increases to protect profit margins would perhaps better explain the inflation.

to blame it on the Ds in perpetuity

It's the only economic policy they know.

They have nothing.

Maddening.

Bullshit.

only economic plan.

Isn't that their solution for everything?

And, to be fair, that'd work.

It is about taking care of themselves and rich buddies.

and putting an unqualified buffoon on the Fed board.