Biden’s Gas Crisis

[avromie7]

If we buy oil from Russia tariffs will raise the price. If we don't buy oil from Russia they just sell to someone else. Tariffs will only hurt the US not Russia.

Are you thinking if oil is 100/bl and we put a 75/bl tariff they will sell to us at 25/bl? If so you are living in fantasy world.

If the world agrees to these tariffs, who else will they sell to? Regardless, anyone who buys will pay less than FMV which hurts Russia.

[zevi]

https://lnnnews.com/2022/03/10/new-bill-that-will-provide-500-to-nj-families-for-gas-price-and-inflation-relief-to-be-introduced-by-senator-durr/

[CountValentine]

If the world agrees to these tariffs,

Full stop, not going to happen.

[CountValentine]

https://lnnnews.com/2022/03/10/new-bill-that-will-provide-500-to-nj-families-for-gas-price-and-inflation-relief-to-be-introduced-by-senator-durr/

Do I see another stimulus check in our future?

What be a good move for the party that supports it.

[zh cohen]

I think this is different than the standard tariff. There is plenty of oil on the market to set the price, Russia's only option will be to sell at the market price minus the tariff. Please explain what I'm missing here.

There is some reason why Europe needs to buy Russian oil now. Putting a tariff doesn't make that reason go away (certainly not in the short term. In the long term it might make other options more economically feasible.)


Which means that Russia still will be able to sell it's oil to Europe at (perhaps slightly below) market rates.

[aygart]

Source: Senate Republicans.

[CountValentine]

According to @aygart standards this is a BIG lie buy omission.

[aygart]

According to @aygart standards this is a BIG lie buy omission.

It is very definitely misleading, but what is it that you are referring to?

[CountValentine]

It is very definitely misleading, but what is it that you are referring to?

The biggest cause for the price increase. The rebound of our economy after the last admin shut it down.
His energy policies have no effect on prices. I would not say that is true in future years.

[avromie7]

There is some reason why Europe needs to buy Russian oil now. Putting a tariff doesn't make that reason go away (certainly not in the short term. In the long term it might make other options more economically feasible.)


Which means that Russia still will be able to sell it's oil to Europe at (perhaps slightly below) market rates.

This is exactly my point. Put a significant tariff on Russian oil and you effectively block most of their oil revenue.

[CountValentine]

This is exactly my point. Put a significant tariff on Russian oil and you effectively block most of their oil revenue.

Your point is in a vacuum. They will sell to others at the same market price.

Now talking about UE, Russia can put a tariff on them since they have them by the b*lls.

[aygart]

The biggest cause for the price increase. The rebound of our economy after the last admin shut it down.
His energy policies have no effect on prices. I would not say that is true in future years.

I don't agree that his policies had no effect. His rhetoric can easily have had an effect on investment and financing even before his inauguration. That said, the effect was probably small until about late summer and had been progressively larger since then.

I intentionally stepped over the garbage about who shut down the economy and will not engage about that.

[CountValentine]

I intentionally stepped over the garbage about who shut down the economy and will not engage about that.

It is a fact who shut the economy but we will let that go since you don't like facts. 
Are you saying the economy wasn't basically shutdown? When the economy rebounded production didn't keep up with it which was the major cause for price increases.

[aygart]

When the economy rebounded production didn't keep up with it which was the major cause for price increases.

I agree that it was a major cause but that does not preclude other factors.

[CountValentine]

I agree that it was a major cause but that does not preclude other factors.

That is why I said the chart was a lie by omission. They left out a major cause.

[aygart]

That is why I said the chart was a lie by omission. They left out a major cause.

The chart didn't say that Biden did it. It only accompanied a garbage article about him. The data points they included have even less relevance.

Wythe was none of that makes a difference  under your standards

[zh cohen]

This is exactly my point. Put a significant tariff on Russian oil and you effectively block most of their oil revenue.

Why? If Russia dies not stop their price as you claim they will will Europe all of the sudden get oil from somewhere else?

[CountValentine]

The chart didn't say that Biden did it. It only accompanied a garbage article about him. The data points they included have even less relevance.

Wythe was none of that makes a difference  under your standards

You posted it and we used your standards. By those the article is a lie. What is your point?

[aygart]

You posted it and we used your standards. By those the article is a lie. What is your point?

I didn't link to the article only the chart. The chart did not say that he did it unlike the ones I called dishonest. You drew that conclusion on your own. I did not call them a lie.

[CountValentine]

I didn't link to the article only the chart. The chart did not say that he did it unlike the ones I called dishonest. You drew that conclusion on your own. I did not call them a lie.

Anyone can see what the chart is about. Proven by the fact I have no idea what the article was.

Still wondering what your point was about the posting of the chart. A gotcha post?

Post a link to the article.