I am not worth a future but this is...

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[–] 57 points 5 days ago (1 child)

Yeah but oil mega corporatists have protected you from the Muslims and communists by.. aligning with the oil based Arab billionaires and Russian billionaires.

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  • [–] 37 points 5 days ago (3 children)

    I'd pay a MILLION Dollars a Gallon if it Means Billionaires can get MORE MONEY!

    -People with "Trump = Lower Prices" Signs!

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  • [–] 6 points 5 days ago (2 children)

    "As long as he lets us be openly racists, sexists, misogynists, nazis, and all around deplorable people, he can rob us blind.

    USA! USA! USA!"

    -his entire base

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  • [–] 19 points 5 days ago

    And they'll do it again just to make sure the brown people get subjugated out of the working class.

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  • [–] 9 points 5 days ago*

    Don't worry, its due to trickle down any time now.

    Also, it's Biden's fault.

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  • [–] 8 points 5 days ago (3 children)

    I don't see Trump telling big oil to sell gas at cost for the foreseeable future so I guess he is fine with the American consumer footing the bill of his war.

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  • [–] 3 points 4 days ago

    He's always been fine with it.

    The rich already have money, they want stuff now. Sure, spend a few million more afford their lifestyles, but they're fucking billionaires. Meanwhile, everyday people are selling their houses and going back to renting to get by, or their farm goes under and they have to sell. We sell our shit to survive, and the rich buy it up because they are the only people with expendable income. Trump and his cronies found out during the pandemic that harsh times are really good for the ultra-wealthy. The affordability crisis is a bonus feature of his Epstein-files-distraction war.

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  • [–] 7 points 5 days ago (2 children)

    Wait so does that mean that the true cost only went up by 18 billion.

    In a similar vain, demand based pricing makes no sense in a situation like this, a tax does.

    When something becomes scarce, it doesn’t increase its cost of production, it just needs to decrease consumption. They do that via a price increase to dissuade demand but pocket the difference.

    What makes far more sense is a tax, similar to the carbon tax, that can go up and down based on limited supply or not. It can still reduce demand but the difference is that the extra money spent gets returned to the people.

    I still don’t get why people hated the carbon tax so much.

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  • [–] 2 points 5 days ago

    Not necessarily, that can be local v total final global sales. But yeah the price goes up which doesn't reflect how's much the actual cost of getting the gasoline for today specific places was so the oil company just makes more profit.

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  • [–] 7 points 5 days ago (3 children)

    25 years ago, the cheapest gas I bough was $1.05 / gallon. I'm having a hard time thinking of any common products that cost less than 4x as much today.

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  • [–] 3 points 4 days ago (2 children)

    Up until trump's tariffs, the distraction war, and the DoJ being favorable to tech bros.... I would have said RAM.

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  • [–] 2 points 4 days ago (1 child)

    On a 25 year timescale that is still true. For now at least.

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  • [–] 2 points 4 days ago*

    Solar panels and rechargable batteries (when you consider the production/storage, and not just the cost of a panel or battery)

    I'm not saying the commentary on inflation is wrong, but I think it is interesting where we are seeing price increases, vs price decreases.

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  • [–] 7 points 4 days ago (17 children)

    Ahh to be a logically voting, Prius driving, American.

    Thoughts and prayers, or whatever.

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  • [+] -7 points 4 days ago (16 children)

    Prius use gasoline ... you are suspiciously avoiding the obvious solution.

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  • [–] 7 points 4 days ago (10 children)

    Tbf it is the PHEV and I only drive 4 miles to work.

    BYD would be my full EV choice, but you know, American *"free trade market™️"

    *free trade not subject to actually being free

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  • [–] 5 points 4 days ago (7 children)

    BYD would be my full EV choice, but you know, American *“free trade market

    Saw a BYD in the wild a few months ago. Mexican family had driven it up into Texas on family road trip.

    I got to see the interior. All the extra features. Drives like a dream. It blows out Tesla's back walls.

    They'll never let you buy one in the states

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  • [–] 1 point 4 days ago (5 children)

    I hope next president isn’t an ass hole and lets this into the country for sale

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  • [–] 1 point 4 days ago (4 children)

    Democrats are, if it's even possible, more beholden to the domestic auto industry than Republicans.

    We are never getting a president who will let Chinese EVs into the US.

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  • [–] 1 point 4 days ago (3 children)

    I was talking to my dad about this, not only is it tons of jobs that the automakers provide, during war time and other extreme times such as covid, automakers can transition to making other things such as ventilators at a rapid pace.

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  • [–] 2 points 3 days ago (2 children)

    Manufacturing capacity at a domestic level is great.

    But when you consider what they're manufacturing? If it's all gas guzzling super trucks during a petroleum shortage? Who benefits?

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  • [–] 4 points 4 days ago (4 children)

    My bike is powered by the bread roll I made for lunch

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  • [+] -9 points 4 days ago* (3 children)

    How can I help you? Would you likes ideas on how to do even better? Validation? Something else?

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  • [–] 4 points 4 days ago (2 children)

    Would you likes ideas

    If you know some types of chutney that go well with sourdough rolls I might give it a try. Recently started mixing ground oats in with the bread flour too.

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  • [–] -5 points 4 days ago (1 child)

    You are spectacularly deficient in searching skills. The title of this chat shows no hint that anyone here would have such information for you. But it is in fact ok for a man to ask for directions so don't give up. I'm sure you'll find your way.

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  • [–] 6 points 5 days ago (1 child)

    With the Iraq war they had to come up with all these bullshit excuses and spend a ton of time and effort pushing the propaganda to the public. In a strange way it's actually better this time that they just said yeah, this war is about oil, look how much money we are making because fuck you, that's why.

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  • [–] 6 points 5 days ago

    Murder money.

    Fuckers could have nationalized solar electric decades ago and all those civilians would still be alive and the oil barons would be de-powered.

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  • [–] 10 points 5 days ago (13 children)

    You're thinking what I'm thinking: what the hell happened do those 18B?!

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  • [–] 17 points 5 days ago (7 children)

    I assume what happened was costs went up $18B, but they charged an extra $130B because they knew they could get away with it.

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  • [–] 5 points 5 days ago (4 children)

    That's why energy companies don't go green energy that much. There's not enough chances for greedflation.

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  • [–] 5 points 5 days ago (3 children)

    Sure there is. My electric company is primarily remewables and somehow the rates just increased again! After doing the same thing for the last several years in a row! My electric bill is now nearly double what it was 6-7 years ago.

    What they do is say “due to increased demand” (which doesn’t exist unless you count overproduction that goes to other places).

    Lying is just good business, especially of it’s only a lie technically!

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  • [–] 2 points 4 days ago*

    Yeah, they used to leverage the barriers to entry into the generation market (before solar and wind, when only those with lots of $$$ could set up power generation facilities because the most efficient ones were big and very expensive ) to extract more money from customers, now they leverage the barriers to entry into the distribution market as well as the dominant market position left over from those before times.

    Theoretically the barriers to entry into the electricity distribution markets are lower hence with time more competition will arise, but that's dependent on the laws passed by politicians to liberalize that market and politicians nowadays are very corrupt and design laws to benefit those who "reciprocate" their "friendly" consideration for their interests (and the most common way of doing so without being obvious is literally to thinker with those law to have artificial barriers to entry in the market thus protecting the market dominance of existing big market players)

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  • [–] 2 points 4 days ago

    I pay for 100% renewable generation. Sometimes the supplier makes so much electricity that the price occasionally goes negative. The consumer will never see the benefits of that while the coal plant subsidies exist. 100% solar is priced the same as coal, since that is the competitor/alternative to get electricity (free market baby! What is a utility but a legalized monopoly anyway?), plus a subsidy to keep the coal plant in operation. Without the need to pay the subsidy, the pricing factors change, green energy is now competing against each other, instead of carrying the load of outdated, inefficient and toxic coal plants.

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  • [–] 1 point 4 days ago*

    Probably it's the additional costs of having to ship some of the oil from further away and having to exploit more costly oil reserves (such as lower yield fracking oil reserves in the US).

    Higher oil prices make alternative oil sources (fracking, tar sands) viable, but they weren't viable before with lower oil prices exactly because they're more costly.

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  • [–] 3 points 5 days ago*

    First, the article is poorly written, making it difficult to understand what is being compared and the true magnitude of change.

    This article isn't claiming Americans spent $148B in total. It says they paid $148B MORE during the eight months of the Iran War. The total amount spent by Americans during that period is substantially higher than $148B.

    They then state the petroleum industry profited a total $130B between April and September, a six month period which omits two months of the Iran War.

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  • [–] 3 points 5 days ago

    No I’m not because that would be pretty obvious… increased costs.

    But, it’s also just a shittily written article.

    Americans have paid $148B more during the measured period than last year.

    Oil companies have made $130B in total profits over the same time period.

    The critical bit left out is that last year they made $47B in profits over the same period. So, oil companies have made $83B more in profits than last year.

    So Americans have paid $148B more while oil companies have made $83B more. The costs to the oil companies have increased by $65B.

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  • [–] 5 points 4 days ago

    No Matter Who Wins, We Lose

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  • [–] 5 points 4 days ago

    And during his recent pump and dump scams he now has a lot of ownership shares and all that profit is flowing in abundance to all one the american people.

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  • [–] 4 points 4 days ago*

    The people keep voting for the wealthy to get even richer, and regression for the majority, stupid choices from stupid people so it won't change.

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  • [–] 4 points 5 days ago

    "War is a racket."

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  • [–] 4 points 5 days ago

    Cool,

    We can arrest them,

    Not under U.S. Law.

    But what's that worth anyway?

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  • [–] 3 points 5 days ago

    Big Beautiful Crony-Capitalism!

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  • [–] 2 points 4 days ago*

    Its just a little less expensive than a few days ago. Maybe if we use up all our oil reserves that would be fixed up in no time.

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  • [–] 2 points 4 days ago

    I care more about what everybody else has paid for the shit that the elected representatives of Americans are doing with powers given to them and which are widelly supported by Americans (most notably with their Nationalism, Militarism and support for a de facto Oligarchic power system) than I care about the consequences to Americans of their choices even if they disagree with the color of whatever puppet is POTUS.

    IMHO most people in the World don't deserve this shit whilst, only a handful of Americans don't deserve this shit - even those Americans that didn't vote for Trump deserve this shit if they've been supporting Militarism and interventionism abroad under other Administrations (in other words, pretty much just the anti-War crowd in America who are consistently against in no matter the party in power don't deserve this shit).

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  • it all started with an orange basketball

    • wizard kelly
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  • [–] 0 points 3 days ago

    Murikkkans, lolololololololololololololol!

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  • [+] -9 points 5 days ago (3 children)

    I love seeing all the big oil is totally price gouging comments when it's a global market.

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  • [–] 10 points 5 days ago* (last edited 5 days ago) (1 child)

    They can price gouge globally, or just in certain markets. They're buying crude and selling us refined fuels that have been in the processing pipeline for years.

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  • [–] 8 points 5 days ago

    That's because they charge us the replacement price when it costs more to buy crude.

    They aren't quick to charge us less when the prices come down.

    A handful of companies control the entire market. They do whatever they want and pretend it's not them it's "the free market".

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