Gas Prices?

[Gun Smoke]

We are independent of the world market in oil. And selling any product overseas helps our balance of trade. It's not smart for government to meddle with the economy.

The large oil companies still buy sour (sulfur) cheaper crude from overseas and sell the sweet good stuff crude to small refiners who can not process the crap stock. I wish we would not export at all and conserve what we have.

[Vern Humphrey]

The large oil companies still buy sour (sulfur) cheaper crude from overseas and sell the sweet good stuff crude to small refiners who can not process the crap stock. I wish we would not export at all and conserve what we have.

Are you willing to accept the resulting trade war? And the impact on the world-wide economy?

[S.A. Boggs]

Are you willing to accept the resulting trade war? And the impact on the world-wide economy?

Many years ago when I was in college one of my "prefessors" from Kenya said that the American market could do very well trading with itself and that scares the world. Do we really need to trade with China for electronics/textiles/shoes? One thing the U.S. has is food of all types and the ability to grow it here. Food is a powerful weapon for a nation to utilize.
Sam

[Vern Humphrey]

Many years ago when I was in college one of my "prefessors" from Kenya said that the American market could do very well trading with itself and that scares the world. Do we really need to trade with China for electronics/textiles/shoes? One thing the U.S. has is food of all types and the ability to grow it here. Food is a powerful weapon for a nation to utilize.
Sam

In the 1800s the US became a world economic power by virtue of its internal markets. But it isn't the 1800s any more.

[togor]

In 2019 the US average crude oil consumption per day was 20M bbl. Production was 12M bbl. So no not energy independent, even if we take everything the Canucks make and add it our own.

We are not independent of the world oil market, as evidenced by the reaction of the industry here to the Russo-Saudi production bump.

[Gun Smoke]

Are you willing to accept the resulting trade war? And the impact on the world-wide economy?

Gasoline will never stay cheap, if that is what you are implying.

If Crude stays this low for long the feds, state, and county will just tax the hell out of gasoline, more so than they already are.

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Do we really need to trade with China for electronics/textiles/shoes? One thing the U.S. has is food of all types and the ability to grow it here. Food is a powerful weapon for a nation to utilize.
Sam

What is frightening is America allows China to buy farm land and meat processing plants here. As you know, they own Smithfield now. If a shortage ever comes guess where that meat is going? I wonder if this is considered an export since the Chinese own it. Japan does the same.

[Vern Humphrey]

Gasoline will never stay cheap, if that is what you are implying.

Now you're putting words in my mouth. I never said, "Gasoline will stay cheap."

I said that selling gas helps our balance of payments, and I hold that maintaining a world wide market for all goods is in our favor. The days of isolation are gone forever.

[S.A. Boggs]

Gasoline will never stay cheap, if that is what you are implying.

If Crude stays this low for long the feds, state, and county will just tax the hell out of gasoline, more so than they already are.

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What is frightening is America allows China to buy farm land and meat processing plants here. As you know, they own Smithfield now. If a shortage ever comes guess where that meat is going? I wonder if this is considered an export since the Chinese own it. Japan does the same.

Can you say, "Nationalization for the Duration of the Emergency!"
Sam

[Vern Humphrey]

[/B]

Can you say, "Nationalization for the Duration of the Emergency!"
Sam

Why? How's than gonna help? We might just as well nationalize the panty hose industru!

[S.A. Boggs]

Why? How's than gonna help? We might just as well nationalize the panty hose industru!

Don't say that, you want to get the "three" going on that again?
Sam

[Vern Humphrey]

Don't say that, you want to get the "three" going on that again?
Sam

Xin Loi! I didn't see the flaw there.

[Former Cav]

still 2.65 a gallon at some places in Phoenix.

[Vern Humphrey]

still 2.65 a gallon at some places in Phoenix.

Dang! It's $1.95 a gallon at the Wal Mark Murphy's gas station here. Tomorrow, we're going down out of the hills to another town where I expect it will be substantially lower than that.

[Former Cav]

my understanding is that our gas comes in from the PRK.....so we get burned.
They buy half our electricity from our Palo Verde NUke plant and a lot of our water too!
Then they want to boycott AZ when we wanted to pass SB 1040 about illegals a few years back.
Got a lot of those libtards moving here. They are going to ruin the place.

[Vern Humphrey]

my understanding is that our gas comes in from the PRK.....so we get burned.
They buy half our electricity from our Palo Verde NUke plant and a lot of our water too!
Then they want to boycott AZ when we wanted to pass SB 1040 about illegals a few years back.
Got a lot of those libtards moving here. They are going to ruin the place.

That's why when any of us talk about Arkansas where Californians can hear us, we talk about the vampire bats, giant rattlesnakes and leprosy epidemics.