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Posted
2 hours ago, Born to Run said:
3 hours ago, TwiceHorn said:
Biden was riding a bike with old school toe clips/cages.  I'd reckon about half the denizens of this website would stand a 50-50 chance of eating shit trying to disengage from that style of toe clips.  There's a reason hardly anyone rides them anymore.
And that mountain bike in post 5140 is old and dated af.  Someone should give him a modern mtb.

And yeah I get hung up in that shit on the exercise bike. I dumped a fixy I just rebuilt because I just don't like toe cages.

I actually don't mind them, but I keep the straps loose as hell.  Or I should say didn't mind them.  I haven't ridden them in 10 plus years.

Posted

I honestly can't believe how many people blame the President for literally everything going wrong. Reading comments online is mind numbing.

I thought 'conservatives' were being unfairly censored from social media and yet it's all that seems to be posted on every story about anything. There isn't a single topic I can read about without at least one Let's Go Brandon response.

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Posted
13 minutes ago, Okie State said:

I honestly can't believe how many people blame the President for literally everything going wrong. Reading comments online is mind numbing.

I thought 'conservatives' were being unfairly censored from social media and yet it's all that seems to be posted on every story about anything. There isn't a single topic I can read about without at least one Let's Go Brandon response.
 

it was just another lie conservatives tell.  conservatism consists of lying constantly about everything, even to yourself.  they do that in order to flood the zone with shit.  and, anyone explaining the lie isn't promoting themselves.

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Posted
21 hours ago, Okie State said:

I honestly can't believe how many people blame the President for literally everything going wrong. Reading comments online is mind numbing.

I thought 'conservatives' were being unfairly censored from social media and yet it's all that seems to be posted on every story about anything. There isn't a single topic I can read about without at least one Let's Go Brandon response.
 

I enjoy how they love Capitalism but blame the president for high gas prices.  Just pay the shit or don't--thought their view was all the consumer decides the market. Whiney bitches when it affects you are the worst whiney bitches.     

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Posted
40 minutes ago, babysdaddy said:

is your friend just trolling you? Junior? Benny Johnson? 

No that’s who he is. He toes the company line. Trump is the best President ever who did nothing but extraordinary things while Obama was the worst President ever but he’s now getting outdone by Biden. He’s a typical fucking republican. A hypocritical piece of shit who hides behind Jesus. He still argues masks and the Covid vax don’t work. He knows Biden stole the election. January 6th was nothing compared to the George Floyd “riots”. He openly believes 9/11 was an inside job. He claims to think for himself but every opinion he sends me is word for word what Tucker or Hannity said the previous night. He’s completely brainwashed and was the dumbest guy I went to high school with by far. 
 

I only put up with his texts cause he used to just blast Facebook, Instagram and Snapchat with some extremely dangerous Covid misinformation and beyond terrifying right wing crap. But ever since he started blowing up my phone with this crap, he pretty much stopped posting that shit to social media so that’s one less person sharing crazy shit. Plus I like keeping an eye on my enemies. Like how I have only one aggy friend. Keep em close to see what they’re thinking and plan accordingly. Needless to say, the shit he’s been saying has me absolutely terrified. He would’ve been perfect for Hitlers Gustavo 

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Posted
26 minutes ago, elfenix said:

Rage+1

FUCK!!!!! How did I fuck that up!?!? Probably has nothing to do with the 2 hours sleep I got last night and the blunt I just smoked 

Posted
5 minutes ago, Fletch said:

FUCK!!!!! How did I fuck that up!?!? Probably has nothing to do with the 2 hours sleep I got last night and the blunt I just smoked 

Sure thing, Marjorie.

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Posted
On 6/20/2022 at 12:36 PM, Okie State said:

I honestly can't believe how many people blame the President for literally everything going wrong. Reading comments online is mind numbing.

I thought 'conservatives' were being unfairly censored from social media and yet it's all that seems to be posted on every story about anything. There isn't a single topic I can read about without at least one Let's Go Brandon response.
 

Thanks-Obama-1.gif

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Posted
1 hour ago, Immaculate Vibes said:

 

Cool, just blame it on supply and demand even though gas prices are staying high even when the oil price decreases. Greedy mendacious cocksucker.

 

Posted

Yeah yeah whatever why hasn’t Biden pushed the magical “make gas $2.50 a gallon” button like trump did with his perfect economy!?!? 

Posted
16 minutes ago, Okie State said:

Ahh just add more refining capacity. Seems easy. Let's just do that.

Roughly 95% capacity yet we’re refining about 1 million barrels per day less than a couple of years ago.  Maybe bring back online some of the refineries taken offline at the start of pandemic? Nah that costs too much and fucks with their margins.

 

Some refineries in Texas aren’t even back up and running to prior levels, if at all, from being knocked out with the freeze.

Posted
Roughly 95% capacity yet we’re refining about 1 million barrels per day less than a couple of years ago.  Maybe bring back online some of the refineries taken offline at the start of pandemic? Nah that costs too much and fucks with their margins.
 
Some refineries in Texas aren’t even back up and running to prior levels, if at all, from being knocked out with the freeze.
It ain't just flipping a switch you know. Some of them are also being converted to produce renewable diesel to meet environmental requirements. Nobody gives a fuck when cracks are negative and bleeding billions in cash. Long-term business investment decisions are made and capital is redirected away from dying business models into growing ones. That's how it works.
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Posted

I am aware that it is not just flipping a switch. My beef with the “iTs NoT jUsT fLiPpInG a SwItCh” talking point is that from most articles I’ve read (mind you not many but more than a few) is that there’s not really been any move towards even finding the fucking switch. 


So, again, this more an O&G industry problem not caused by any specific ENACTED policies made by Biden’s administration?  Like always, the “fuck the socialists” crowd is wanting some more of that fucking socialism by way of more subsidies or incentives.

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Posted




I am aware that it is not just flipping a switch. My beef with the “iTs NoT jUsT fLiPpInG a SwItCh” talking point is that from most articles I’ve read (mind you not many but more than a few) is that there’s not really been any move towards even finding the fucking switch. 

So, again, this more an O&G industry problem not caused by any specific ENACTED policies made by Biden’s administration?  Like always, the “fuck the socialists” crowd is wanting some more of that fucking socialism by way of more subsidies or incentives.


People who think any of what is happening is because of Biden are fucking morons. It is much bigger and much more complicated than any one administration. It has been years in the making on the Upstream side and Covid accelerated the problem on the Downstream side. Everyone wants a quick fix to a problem that has a huge number of interconnected variables.

I never said anything about subsidies.

As for moves to fix the refining capacity, it's always a balance. It's a boom and bust business. Always has been and always will be. Even if someone made the decision to start putting dollars back into a business that has been absolute dogshit for the past two years it would take time and manpower to do. My guess is that capacity will come from other parts of the world with fewer regulations and growing demand. Asia has been adding capacity for years which is yet another reason the US companies have shifted dollars elsewhere.
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Posted
2 hours ago, elfenix said:

(oil industry looking for more handouts because the hundreds of billions they get in direct subsidies each year isn't enough)

Hundreds of billions, yearly? Educate me on these direct subsidies.

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Posted
22 minutes ago, elfenix said:

 

this is the entire fossil fuels industry so includes coal and they use the term explicit rather than direct but the figure is ~$500 billion per year

https://www.imf.org/en/Topics/climate-change/energy-subsidies

That is such a bunch of hocus-pocus on the implicit subsidies related to fossil fuel. Weird that the supposed explicit subsidies are a fraction of the implicit subsidies.

Now do alternative energy.  Mining, manufacturing, shipping, erection, and ultimate disposal of windmills after a 20 year useful life.  Mining, manufacturing, shipping, erection, and ultimate disposal of solar panels after a 15 year useful life.  Mining, manufacturing, shipping, and ultimate disposal of batteries after a 10 year useful life.

I'm not convinced that this analysis is looking at both sides of the equation.

Bastiat did a good job on issues like this:

 http://bastiat.org/en/twisatwins.html

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Posted
35 minutes ago, elfenix said:

 

this is the entire fossil fuels industry so includes coal and they use the term explicit rather than direct but the figure is ~$500 billion per year

https://www.imf.org/en/Topics/climate-change/energy-subsidies

the start talks about VAT.  we don’t have Value add tax. i’m confused. 

 

in fact the entire link is about how to phase out of oils and gas.  i mean. who would want to invest billions into a refinery that won’t be around before they see a ROI.  I personally don’t. The bankers and investors sure don’t.   if anything i fear we are going to need more subsidies if we want to keep refineries open and operating safely until a green source of fuel is abundant.   

Posted
5 minutes ago, DalTxHornFan said:

That is such a bunch of hocus-pocus on the implicit subsidies related to fossil fuel. Weird that the supposed explicit subsidies are a fraction of the implicit subsidies.

why would that be weird? 

Posted
3 minutes ago, elfenix said:

why would that be weird? 

Because most of the implicit subsidies relate to the unproven hypothesis that:

 "Implicit subsidies occur when the retail price fails to include external costs and/or there are preferential consumption tax rates on energy. External costs include contributions to climate change through greenhouse gas emissions, local health damages (primarily pre-mature deaths) through the release of harmful local pollutants like particulates, and traffic congestion and accident externalities associated with the use of road fuels. Getting energy prices right involves reflecting these adverse effects on society in prices and applying general consumption taxes to household fuels."

In other words, Hocus-Pocus.  Total nonsense. Making it up as they go along.

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Posted
1 minute ago, DalTxHornFan said:

Because most of the implicit subsidies relate to the unproven hypothesis that:

 "Implicit subsidies occur when the retail price fails to include external costs and/or there are preferential consumption tax rates on energy. External costs include contributions to climate change through greenhouse gas emissions, local health damages (primarily pre-mature deaths) through the release of harmful local pollutants like particulates, and traffic congestion and accident externalities associated with the use of road fuels. Getting energy prices right involves reflecting these adverse effects on society in prices and applying general consumption taxes to household fuels."

In other words, Hocus-Pocus.  Total nonsense. Making it up as they go along.

which of these are unproven hypotheses? 

Posted
Just now, elfenix said:

which of these are unproven hypotheses? 

OK, I'll take just one for fun.  Do you think that these supposed traffic accident externalities will go away once we magically all drive electric cars?

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Posted
Just now, DalTxHornFan said:

OK, I'll take just one for fun.  Do you think that these supposed traffic accident externalities will go away once we magically all drive electric cars?

so with this one safe to say your beef isn't that it's unproven but that it shouldn't be lumped in with gas. 

Posted
2 hours ago, Okie State said:



 

 


People who think any of what is happening is because of Biden are fucking morons. It is much bigger and much more complicated than any one administration. It has been years in the making on the Upstream side and Covid accelerated the problem on the Downstream side. Everyone wants a quick fix to a problem that has a huge number of interconnected variables.

I never said anything about subsidies.

As for moves to fix the refining capacity, it's always a balance. It's a boom and bust business. Always has been and always will be. Even if someone made the decision to start putting dollars back into a business that has been absolute dogshit for the past two years it would take time and manpower to do. My guess is that capacity will come from other parts of the world with fewer regulations and growing demand. Asia has been adding capacity for years which is yet another reason the US companies have shifted dollars elsewhere.

 

It’s been shocking to me how many people don’t understand the simple fucking concept of supply and demand. 

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Posted
13 hours ago, elfenix said:

 

this is the entire fossil fuels industry so includes coal and they use the term explicit rather than direct but the figure is ~$500 billion per year

https://www.imf.org/en/Topics/climate-change/energy-subsidies

Thanks for the link, but I don’t feel better informed (re: direct subsidies) after reading the article. Maybe I don’t understand their methodology, so let’s simplify and use gasoline as an example.

Are they claiming that the final price at the pump doesn’t reflect the true cost to the consumer, that the true cost should include a direct/explicit government subsidy which the oil companies receive?

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Posted
13 hours ago, DalTxHornFan said:

That is such a bunch of hocus-pocus on the implicit subsidies related to fossil fuel. Weird that the supposed explicit subsidies are a fraction of the implicit subsidies.

Now do alternative energy.  Mining, manufacturing, shipping, erection, and ultimate disposal of windmills after a 20 year useful life.  Mining, manufacturing, shipping, erection, and ultimate disposal of solar panels after a 15 year useful life.  Mining, manufacturing, shipping, and ultimate disposal of batteries after a 10 year useful life.

I'm not convinced that this analysis is looking at both sides of the equation.

Bastiat did a good job on issues like this:

 http://bastiat.org/en/twisatwins.html

It’s a bunch of hand-waving model estimates. 
 

Hocus pocus is a great description. 

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Posted
1 hour ago, Cacti said:

Thanks for the link, but I don’t feel better informed (re: direct subsidies) after reading the article. Maybe I don’t understand their methodology, so let’s simplify and use gasoline as an example.

Are they claiming that the final price at the pump doesn’t reflect the true cost to the consumer, that the true cost should include a direct/explicit government subsidy which the oil companies receive?

if they are selling it either below cost or below what it could be sold at on the world market it is an explicit subsidy.   favorable tax treatment is included as well. 

Posted
2 hours ago, elfenix said:

if they are selling it either below cost or below what it could be sold at on the world market it is an explicit subsidy.

So in the case of gasoline, are they saying that oil companies are selling to the public at below cost, or that it could be sold on the world market at a higher price, or both?

I don’t think either scenario is true, but even if it were, where does the direct government subsidy enter the picture?

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Posted
17 hours ago, Cacti said:

So in the case of gasoline, are they saying that oil companies are selling to the public at below cost, or that it could be sold on the world market at a higher price, or both?

I don’t think either scenario is true, but even if it were, where does the direct government subsidy enter the picture?

here's the latest (i think) white paper, you're free to review it yourself. 

https://www.imf.org/-/media/Files/Publications/WP/2021/English/wpiea2021236-print-pdf.ashx

Posted
27 minutes ago, Longhorn_Fan68 said:

lol y'all digging up 10-year-old shit like it's relevant?

He's also talking about a shotgun.  I haven't heard a single person argue that shotguns should be illegal.  



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