Replies to post #476688 on Tornado Alley (PROG)

[blackhawks]

Bad guess as the oil production in the U.S. is at an all time high. I guess that Biden can walk...drill for oil like a mfr....and chew gum.....develop alternative energy sources, at the same f'ing time. So let's hear another guess.

MARCH 11, 2024
United States produces more crude oil than any country, ever

https://www.eia.gov/todayinenergy/detail.php?id=61545

[fuagf]

hap0206, You never fail to leave so much out. You left out Putin's war. And Netanyahu's war. And the disruption
to supply lines arising from those. Spending to get through covid of course. And the easy Fed money of decades.

" Oh my goodness -- the cause of WWide inflation -- what could it be? -- let's guess -- what runs the world ?? -- hey maybe it's energy -- whoood a thunk it -- and guess what ? -- we have a WWide war on cheap fossil fuel energy -- gonna get it from wind -- goona get it from fields of solar panels -- man made global warming -- that's the mantra -- so come November, there is a guy that's going to put the expensive alt-energy fiasco out of business and drill, baby drill -- MMGW a hoax -- and wow cheap energy back again and inflation disappears
P - just a guess"

Where do you get all that misinformation from i wonder. Anyway:

The Soft Landing Is Global, but It’s Cushiest in America
[...]Related: [...]JPMorgan’s Dimon warns inflation, political polarization and wars are creating risks not seen since WWII
NEW YORK (AP) — The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U.S. political polarization, might be creating an environment that “may very well be creating risks that could eclipse anything since World War II.”
[...]Because of these issues, Dimon said he is less optimistic that the U.S. economy will achieve a “soft landing,” which he defined as modest growth along with declining inflation and interest rates, compared to the broader market. While he says the investors are pricing in a “70% to 80%” chance of a soft landing, Dimon thinks the chances of such an ideal outcome are “a lot less” than that.
P - Also, at a time when some investors and economists are questioning whether the Federal Reserve can make good on its projection for three interest rate cuts this year, Dimon warned of the possibility of rates rising to 8% or higher. The Fed’s benchmark rate is currently in a range of 5.25% to 5.50%.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174198357
.. and ..
B402, Why US economy is powering ahead of Europe's
[...]He pointed out that European countries have seen not only a bigger increase in prices, but also a greater propensity for businesses to pass them on to consumers.
P - "Both of these factors have helped U.S. inflation moderate to a faster extent than in many countries, especially Europe," he said.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174333343

Then there is always price gouging we all experience

Was better before, '70-Reagan's '80s --- Profits Without Prosperity
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174443278

And why not, toss in residuals from scams

Trump’s “Incredible” Foxconn Deal Turns Out to Be a Another Massive Con Job
Trumps Foxconn was another republican con in Wisconsin.""
such an incredible deal .. couldn't be more incredible .. did i say incredible, yeah, it is as i
am, just joking, it really is the most incredible thing for Wisconsin, all thanks to incredible me.
This may turn out to be the great dealmaker’s greatest scam yet.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174382749

there must by some.

[sortagreen]

Shut up, moron. The US produces a record amount of oil. For every barrel we put on the market, OPEC cuts production by one.

Did you get the part where Scott Sheffield got charged with colluding with OPEC to withhold production? Of course not. Busness is business... It's the Democrats' fault.

Fuck you, you elderly poof. You're a fucking "hate-America first" piece of dirt.