Biden’s Gas Crisis

[avromie7]

1) debatable.

2) How far into the future is this?

3) Source?

LFP is commonly used in China for a while already and Tesla started using them in the US a few months ago. Tesla just developed the 4680 cell which has many new efficiencies. The first vehicles using 4680 battery cells were just delivered this month from the brand new gigafactory in Texas. Other technologies are always a work in progress.

I just did the math for someone based on rates in NJ. NYC electricity rates are higher, but there are options to lower your cost by charging off-peak.

$4.50/gallon ÷ 25 miles = $.18/mile
.15/kwh ÷ 3.5 miles = $.043/ mile.
This is quick math and the numbers may not be perfect, but you'd need to 3x the cost of electricity to start getting close.

[CountValentine]

Lot of claims but are they true?
https://www.msn.com/en-us/money/markets/simply-not-true-biden-refutes-criticism-of-his-domestic-energy-policies-while-announcing-russian-oil-ban/ar-AAUMZ4R?ocid=msedgntp

[aygart]

This aged well. What an idiot.
https://news.yahoo.com/trump-helped-broker-large-oil-123446869.html

It agreed very well for anyone ready to be honest. Imagine if producers had gone bankrupt from the drop in demand due to covid.

[aygart]

Lot of claims but are they true?
https://www.msn.com/en-us/money/markets/simply-not-true-biden-refutes-criticism-of-his-domestic-energy-policies-while-announcing-russian-oil-ban/ar-AAUMZ4R?ocid=msedgntp

The claim that they can just bump it up right now is a bunch of bunk. I have done a ton of research into that.

[ExGingi]

https://twitter.com/twainsmustache/status/1501390955626250244?s=21

[yelped]

$4.50/gallon ÷ 25 miles = $.18/mile
.15/kwh ÷ 3.5 miles = $.043/ mile.
This is quick math and the numbers may not be perfect, but you'd need to 3x the cost of electricity to start getting close.

.15 a KWH? That's a lot. I paid an average of .08-.09 over the past 2 years in Lakewood.

ETA: Sorry, forgot to include the delivery fees, etc. Total was around .11.

[CountValentine]

It agreed very well for anyone ready to be honest. Imagine if producers had gone bankrupt from the drop in demand due to covid.

We all know that all industries had a hard time. Many companies went out of business. The economy was in terrible shape. He raised gas prices which is exactly the wrong thing to do when we are all struggling. It bailed out the rich oil corporations on the backs of working America. I understand this is SOP for him, just like the massive tax cut for corporations.

[CountValentine]

Be careful as that sand you have your head buried in will be getting hotter. 
https://abc13.com/climate-change-global-warming-report-new/11607670/

[avromie7]

.15 a KWH? That's a lot. I paid an average of .08-.09 over the past 2 years in Lakewood.

ETA: Sorry, forgot to include the delivery fees, etc. Total was around .11.

Right now supply is .10. I don't have a residential bill in front of me to see the exact delivery charge, but I think it's at least 4 cents. The current price for residential electricity is somewhere around .14-.16.

[ExGingi]

Right now supply is .10. I don't have a residential bill in front of me to see the exact delivery charge, but I think it's at least 4 cents. The current price for residential electricity is somewhere around .14-.16.

How much of the gasoline price is taxes? What do you think politicians will do if that revenue is lost?

[aygart]

We all know that all industries had a hard time. Many companies went out of business. The economy was in terrible shape. He raised gas prices which is exactly the wrong thing to do when we are all struggling. It bailed out the rich oil corporations on the backs of working America. I understand this is SOP for him, just like the massive tax cut for corporations.

We can debate whether or not it was good for others and for whom, but that has zero to do with the discussion here about whether it was good energy  policy. There are those who all they care about is to find something against Trump and they feel they  found something but are being dishonest. Without stabilizing energy then we would be in a much worse position.

[CountValentine]

We can debate whether or not it was good for others and for whom, but that has zero to do with the discussion here about whether it was good energy  policy. There are those who all they care about is to find something against Trump and they feel they  found something but are being dishonest. Without stabilizing energy then we would be in a much worse position.

Cutting production was then and is now a terrible energy policy. I love how you present facts as being dishonest or a lie when they don't support your position.
The fact is production was cut to drive up prices. Now you can have your view of why or who it hurt/benefited but you don't get to change the fact.

Then you wonder why I installed goalposts! 

[ExGingi]

https://twitter.com/TheBabylonBee/status/1501588628178456587

[Ver hut gazugt]

Cutting production was then and is now a terrible energy policy. I love how you present facts as being dishonest or a lie when they don't support your position.
The fact is production was cut to drive up prices. Now you can have your view of why or who it hurt/benefited but you don't get to change the fact.

Then you wonder why I installed goalposts! 

alternatively, many producers would have went bankrupt and you would have had less production now.

[CountValentine]

alternatively, many producers would have went bankrupt and you would have less production now.

Possible but highly unlikely.

[aygart]

Cutting production was then and is now a terrible energy policy. I love how you present facts as being dishonest or a lie when they don't support your position.
The fact is production was cut to drive up prices. Now you can have your view of why or who it hurt/benefited but you don't get to change the fact.

Then you wonder why I installed goalposts! 

This has no relation at all to reality. It was to stabilize and was very needed. I don't even think that anyone disagreed at the time but I may be wrong about that. Even with that a large portion of the issue is inability to get financing for extraction and that would be much worse had there been a slow of bankruptcies then. This is simple reality visible to anyone who views it to see energy policy and markets. Someone whose goal is to blame things on Trump or Biden will never have an honest view.

[aygart]

Possible but highly unlikely.

This is totally detached from reality and fabricated.

[avromie7]

How much of the gasoline price is taxes? What do you think politicians will do if that revenue is lost?

I know that they'll create a new source of revenue, but for the time being early adopters win.

[CountValentine]

This has no relation at all to reality. It was to stabilize and was very needed. I don't even think that anyone disagreed at the time but I may be wrong about that. Even with that a large portion of the issue is inability to get financing for extraction and that would be much worse had there been a slow of bankruptcies then. This is simple reality visible to anyone who views it to see energy policy and markets. Someone whose goal is to blame things on Trump or Biden will never have an honest view.

So now you can't dispute the fact that you called dishonest so we switch to calling the view dishonest and not the fact.

Prices going negative was a complete fluke. They would have rebounded without any intervention. Anyone who believes otherwise is delusional.

[CountValentine]

This is totally detached from reality and fabricated.

You want to bail out the oil companies go right ahead. Don't cut production to do it.