Comments on: Florida Gas Prices Race Toward Record Highs

By: David Huie Green

David Huie Green — Wed, 09 Mar 2022 17:10:56 +0000

REGARDING:
“what about the pay increase Biden promised everyone who works hard Lies and more lies,”

Promised? Or requested?

He probably asked Congress to raise minimum wage. That may be what you thought was a promise.

The problem — well A problem — with a minimum wage is that many take it as the maximum wage.

And when folks talk about “a living wage” they don’t really have firm ground to stand on. A living wage for a single person with no dependents? A living wage for two people with both working and no dependents? A living wage for one person with ten dependents?

And working forty hours per week? What about those working less than twenty hours per week?

There is no one number which satisfies every situation.

And if there were, there are many people no sane employer would even consider hiring for a given job. And many people who couldn’t scrape up the amount demanded.

Life gets complicated when you get past 18, but the Class of 57 had its dreams….

By: David Huie Green

David Huie Green — Wed, 09 Mar 2022 01:07:08 +0000

REGARDING:
“That’s one reason oil production hasn’t ramped back up. Investors are hanging on to their money.”

Maybe the fact that it has only been a couple of weeks plays some tiny part. The bigger the project, the more time often involved.

By: David Huie Green

David Huie Green — Wed, 09 Mar 2022 00:57:42 +0000

REGARDING:
“@ David Huie Green. The President at that time had nothing to do with the high price of gas.”

Sure he did. Even if only.00001%.

Besides, I didn’t say who I did or would blame. Just that I was getting ready to consider griping. Griping is fun.

By the way, it was under GWB that the development of LED lighting was initiated. This led to a reduction in power demand and lower bills and costs a few years later.

We don’t know what the things we do or fail to do will produce in the future. Life is an adventure.

By: Swampfox

Swampfox — Wed, 09 Mar 2022 00:52:04 +0000

Will the world run-out of oil by maybe 2065 ? If so , what source of fuel will we need to run up & down the roads like giant Ants ?

By: Selina

Selina — Tue, 08 Mar 2022 23:43:27 +0000

Hope everybody is ready to run out and buy an electric car. Like the money is just going to come out of thin air. Everything going up what about the pay increase Biden promised everyone who works hard Lies and more lies,

By: Selina

Selina — Tue, 08 Mar 2022 22:24:18 +0000

Still blaming Trump for failure. So worried about his dealings with Russia well they need to worry about Biden deals with China, they are coming next. All is too quiet over there. They are watching and waiting.They see weakness and will take advantage of it.

By: Lee

Lee — Tue, 08 Mar 2022 03:56:28 +0000

@Bama. Not sure we’d be sitting back right now if a Putin ally was sitting in the oval office either. High gas prices are nothing compared to what is being done to the people of Ukraine.

By: Jim

Jim — Tue, 08 Mar 2022 03:36:24 +0000

Thanks JOE!!!

By: Roger

Roger — Mon, 07 Mar 2022 23:45:14 +0000

@DTOM
I replied to your earlier question and it’s not showing up yet, but to follow up on the environmental factor of KXL. KXL was only going to expedite the transportation of tar sand oils that are currently being transported by other means. Pipelines, rain lines and sea vessels. The KXL project would have hurt those businesses. Makes you wonder if those mega companies weren’t behind some of the environmental road blocks and challenges. They definitely wouldn’t be in favor of losing that business to KXL. It all goes back to money and greed. Nevertheless, the KXL wouldn’t increase production or lower our gas prices.

By: Roger

Roger — Mon, 07 Mar 2022 23:06:25 +0000

@DTOM
The Keystone XL (KXL) was originally being constructed to efficiently expedite the delivery of the tar sand oils from Alberta, Canada. This same product WAS and IS being shipped to the US via other pipelines, sea vessels and rail lines. The hope was to make it easier to transport, not so much to increase production. The KXL would have near zero effect on US gas prices.

There were several reasons Biden squashed the deal.
*Lack of global demand for oil during that time was low. It wasn’t just lack of
demand for gas from consumers, but tons of industries throughout the world cut
back production of their product due to low demand and COVID related issues.
*One big reason is lack of investor interest. Shell Oil, Koch Brothers,
ConocoPhillips and many other huge investors pulled out of investing in
tar sand oil years ago. That’s another reason I mentioned investor pull-out in my
original comment.
*I’m sure environmental concerns played an issue, but doesn’t make much since
considering the Biden administration has approved and issued numerous
permits for new pipelines and expansion projects since then.

Follow the money. Where you find the investors, you’ll find the projects.
That’s one reason oil production hasn’t ramped back up. Investors are hanging on to their money. We flooded the market during Trump. Lots of oil, cheap gas and low demand. It tanked a barrel of oil to $30 below zero for the first time in history. Great for the consumer, but terrible for the market. Now we’re paying a price for it.