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Thread: President Biden

  1. #1111
    Super Moderator PawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond reputePawDawg has a reputation beyond repute PawDawg's Avatar
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    It is not that increasing oil price helps America, but it (as well as a normalization in gasoline prices) is an indicator that economic activity is picking up in America. Demand is coming back, which means things are improving overall - not just in Texas and Louisiana.
    Quote Originally Posted by PawDawg View Post
    Nice logic...thousands in high income jobs being lost to manipulation of an entire industry. I suppose "economic recovery" is relative to how one is invested?
    Quote Originally Posted by Guisslapp View Post
    Lol. The industry has been manipulated by other governments that nationalized the industry for decades.
    Quote Originally Posted by Guisslapp View Post
    The commodity prices reflect future expectations.
    Quote Originally Posted by Guisslapp View Post
    And the expectation is that in the later half of the year we will start returning to normal. It is about squashing the threat that COVID poses to the economy - not reopening to a disease that is running wild. The latter would not justify the profit expectations that are baked into current share prices.
    Quote Originally Posted by Guisslapp View Post
    Still do, but it is the forecast of future demand that is moving the price.

    https://www.google.com/amp/s/www.cnb...mic-fears.html



    It is cute to watch you guys confuse politics and economics.
    Quote Originally Posted by PawDawg View Post
    It’s cute to watch leftist haters confuse supply and demand
    Quote Originally Posted by Guisslapp View Post
    Price is where they intersect. Do you think production will be less than where it is currently a year from now?
    You never said any of the above back in February.
    HCSH cumulative point differential by quarter:

    231 522 654 -54

  2. #1112
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    Re: President Biden

    Quote Originally Posted by PawDawg View Post
    You never said any of the above back in February.
    And Biden still hasn’t cut off the supply. That was a lie. This is still a demand issue from economic recovery. There was an oversupply last year which drove prices down (because there was less demand than anticipated because COVID wasn’t anticipated).

    During Trump’s term, not Biden’s, producers shut down rigs as oil prices starting falling through the floor. Since the election (but really more in anticipation of recovery of demand), more units have been coming back online. That is the chart I sent you.

    We have more oil hitting the market today than when Biden took office. The opposite of cutting off supplies happened.

  3. #1113
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: President Biden

    This 3 year rig count chart and a basic understanding of supply and demand will tell you everything you need to know.

    https://ycharts.com/indicators/us_rotary_rigs

    Remember when the leading month oil futures contract went negative last year? People would pay you to take delivery of oil. That is how massively oversupplied we got because of the demand falloff.

  4. #1114
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    Re: President Biden

    Oil prices are now back in a healthy area. If they stay at this level and demand continues to recover, it is expected that more rigs will continue to come online.

    Remember US shale producers are generally considered the “marginal supplier”, meaning that when prices get tight, US shale producers are one of the first suppliers to start shutting down because their profitability is impaired.

    But after the beating the oil industry took last year, balance sheets are weak, and you can bet investment decisions will be more prudent.

  5. #1115
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    Re: President Biden


  6. #1116
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  7. #1117
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    Re: President Biden

    OMG you are reaching (again).

    Biden is WEAK! Putin's puppet. In 100 days we have an emboldened Iran and Russia, and even an ostrich like yourself has to know there is more to follow. Biden is just like Neville Chamberlain, and we all know what that led to.

    If Germany wants to buy their energy from Russia, we should close our base there and put our troops where they are needed. Why should we protect them from Russia if they make themselves dependent on them?

  8. #1118
    Champ DONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond reputeDONW has a reputation beyond repute
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    Re: President Biden

    Quote Originally Posted by dawg80 View Post
    There goes Biden colluding with Putin and Russia, when do the impeachment hearings start?

  9. #1119
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    Re: President Biden

    Quote Originally Posted by DONW View Post
    There goes Biden colluding with Putin and Russia, when do the impeachment hearings start?
    The day after never

  10. #1120
    Dawg Adamant Argument Czar Guisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond reputeGuisslapp has a reputation beyond repute Guisslapp's Avatar
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    Re: President Biden

    Quote Originally Posted by DawgyNWindow View Post
    OMG you are reaching (again).

    Biden is WEAK! Putin's puppet. In 100 days we have an emboldened Iran and Russia, and even an ostrich like yourself has to know there is more to follow. Biden is just like Neville Chamberlain, and we all know what that led to.

    If Germany wants to buy their energy from Russia, we should close our base there and put our troops where they are needed. Why should we protect them from Russia if they make themselves dependent on them?
    I just cited the original reporting that Dawg80s reporting is based on.

  11. #1121
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    Re: President Biden

    Quote Originally Posted by Guisslapp View Post
    I just cited the original reporting that Dawg80s reporting is based on.
    Biden's state department is waiving sanctions against the company running the Nord Stream 2 project and it's CEO, a Putin crony, supposedly in the name of our relationship with Germany. But the European Parliament has called for the project to be stopped so Germany is actually going against its neighbors. The pipeline will increase European dependence on Russian gas so this is an economic reward to Putin.

    Biden is treating a pipeline that increases Russian influence better than he treats American pipelines - see Keystone XL.

    Sounds like you voted for a Russian agent.

  12. #1122
    Champ TYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond reputeTYLERTECHSAS has a reputation beyond repute
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    Re: President Biden

    Quote Originally Posted by DONW View Post
    There goes Biden colluding with Putin and Russia, when do the impeachment hearings start?
    Impeach the deranged liar!!

    Published 6 hours ago

    Biden tries to claim credit for cease-fire between Israel and Hamas
    'You know, we've held intensive, high-level discussions, hour by hour, literally


    https://www.foxnews.com/politics/bid...t-hamas-rocket

  13. #1123
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    Re: President Biden

    Biden can’t even dress up and come out of the basement to hold main foreign dignitary meetings by himself. I guess he’s leaving it to Harris to explain their making America go socialist first and then full commie agenda.
    And this to one of our largest allies in the Far East.

    Published 13 hours ago

    VP Kamala Harris holds unusual bilateral meeting with a foreign leader at the White House
    Harris’ session with Moon was not the first time she has spoken on her own with a world leader


    Vice President Harris met with South Korean President Moon Jae-in at the White House on Friday, without the participation of President Biden, and then the two appeared together to make a statement.

    A bilateral meeting at the White House between a U.S. vice president and a visiting head of state – followed by a joint appearance featuring the two – is highly unusual.

    https://www.foxnews.com/politics/har...with-president

  14. #1124
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    Re: President Biden

    Quote Originally Posted by TYLERTECHSAS View Post
    Biden can’t even dress up and come out of the basement to hold main foreign dignitary meetings by himself. I guess he’s leaving it to Harris to explain their making America go socialist first and then full commie agenda.
    And this to one of our largest allies in the Far East.

    Published 13 hours ago

    VP Kamala Harris holds unusual bilateral meeting with a foreign leader at the White House
    Harris’ session with Moon was not the first time she has spoken on her own with a world leader


    Vice President Harris met with South Korean President Moon Jae-in at the White House on Friday, without the participation of President Biden, and then the two appeared together to make a statement.

    A bilateral meeting at the White House between a U.S. vice president and a visiting head of state – followed by a joint appearance featuring the two – is highly unusual.

    https://www.foxnews.com/politics/har...with-president
    Wonder how many times she busted out in her laughing cackle? She's a joke as well..

  15. #1125
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    Re: President Biden

    Quote Originally Posted by FriscoDog View Post
    Wonder how many times she busted out in her laughing cackle? She's a joke as well..
    It would be easy to calculate the amount of time she doesn’t laugh hysterically

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