RIP, Colin Powell
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@klaus said in RIP, Colin Powell:
@doctor-phibes said in RIP, Colin Powell:
I'm a firm believer in the future being much the same as the past. There'll be Democrat Presidents and Republican Presidents.
Well, if you make that kind of argument: Every country and political system has a beginning and an end, too. It does matter in which direction a country goes. There is no natural law or anything that everything will just swing back and forth. It can also go south indefinitely.
Obviously, it can. Maybe I'm a bit too blasé about this as I grew up in England, which has a much longer history of stability than either the US or Germany. We haven't had a proper civil war in nearly 400 years, and have done a pretty good job of ensuring that major conflicts occurred primarily where there was a surfeit of foreigners. That being said, I think there's a real chance of the UK splitting up into its constituent parts in the medium term.
Still, we do seem to be constantly teetering on the brink of catastrophe if you listen to all the doom-mongers. I'm also left with the distinct impression that they're enjoying all the doom-mongering.
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@jolly said in RIP, Colin Powell:
@renauda said in RIP, Colin Powell:
@lufins-dad said in RIP, Colin Powell:
Gas prices would definitely be better as we would be drilling a lot more of our own.
Drilling has little to do with gas prices at the pump.
Yeah, but production does.
You don't say.
And production is based on
....demand.
Without demand you can't make any money at the wellhead to operate those drilling rigs.
‘a-blowe yow and be-kele yow wel, and comyth up all with your ease’ ~ attributed to Henry V
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@renauda said in RIP, Colin Powell:
@jolly said in RIP, Colin Powell:
@renauda said in RIP, Colin Powell:
@lufins-dad said in RIP, Colin Powell:
Gas prices would definitely be better as we would be drilling a lot more of our own.
Drilling has little to do with gas prices at the pump.
Yeah, but production does.
You don't say.
And production is based on
....demand.
Without demand you can't make any money at the wellhead to operate those drilling rigs.
Demand is one thing. Availability is another.
We have demand.
Always remember, Operation Valkyrie was an act of sedition.
Warning: I post things that interest me. Read and comment at your own discretion. -
Of course you have demand as does every other industrialized country. But the rise in price is not about the USA or who or what is in the White House, it’s about the the global market and depletion of the amassed surplus:
Spring 2021
https://www.worldoil.com/news/2021/4/16/historic-oil-glut-amassed-during-the-pandemic-is-almost-gone
October 2021
‘a-blowe yow and be-kele yow wel, and comyth up all with your ease’ ~ attributed to Henry V
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@renauda said in RIP, Colin Powell:
but the rise in price is not about the USA
Yeah, there's a distinct tinge of dishonesty in this harping on about oil prices, as well as the problems with supply chains. These are clearly global problems that even The Great Orange Magnificence, (Sallā Allāhu ʿalayhi wa- ala ālihi wa’ sallam) couldn't have solved.
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@renauda said in RIP, Colin Powell:
Of course you have demand as does every other industrialized country. But the rise in price is not about the USA or who or what is in the White House, it’s about the the global market and depletion of the amassed surplus:
Spring 2021
https://www.worldoil.com/news/2021/4/16/historic-oil-glut-amassed-during-the-pandemic-is-almost-gone
October 2021
Withdrawing oil leases on Federal lands and a ban on fracking in the U.S. has nothing to do with oil prces?
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@jolly said in RIP, Colin Powell:
@renauda said in RIP, Colin Powell:
Of course you have demand as does every other industrialized country. But the rise in price is not about the USA or who or what is in the White House, it’s about the the global market and depletion of the amassed surplus:
Spring 2021
https://www.worldoil.com/news/2021/4/16/historic-oil-glut-amassed-during-the-pandemic-is-almost-gone
October 2021
Withdrawing oil leases on Federal lands and a ban on fracking in the U.S. has nothing to do with oil prces?
Someday maybe, but not today. It takes a while for fewer lease grants to turn into something that affects market price.
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‘a-blowe yow and be-kele yow wel, and comyth up all with your ease’ ~ attributed to Henry V
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@renauda said in RIP, Colin Powell:
Well put.
Agree. Having deal with companies like PTT ("national" oil company of Thailand), etc., the people of Thailand are certainly not blaming the increase in gas prices on President Biden.
