Foxx Posted March 28, 2020 Share Posted March 28, 2020 28 minutes ago, TPS said: Trump, formalizing MMT. But, where will we get the money.....? Mnuchin and Blackrock, the financial death panel... where will we get the money? seriously? where did we get QEInfinity? keystrokes my friend... keystrokes 2 Link to comment Share on other sites More sharing options...
Deranged Rhino Posted March 28, 2020 Share Posted March 28, 2020 2 hours ago, TPS said: Trump, formalizing MMT. But, where will we get the money.....? Mnuchin and Blackrock, the financial death panel... I said over a year and a half ago that the Fed was going to be restructured and defanged -- we're seeing it now. No one is really reporting on it, which is odd considering the apparent enormity of the shift. Good times ahead. 3 Link to comment Share on other sites More sharing options...
Foxx Posted March 28, 2020 Share Posted March 28, 2020 (edited) 5 minutes ago, Deranged Rhino said: I said over a year and a half ago that the Fed was going to be restructured and defanged -- we're seeing it now. No one is really reporting on it, which is odd considering the apparent enormity of the shift. Good times ahead. or... the collapse of the USD. and if it collapses, in my opinion, we will then see a bifurcated dollar. it's worth on the world stage and it's worth within our borders. as an aside, in the original bill that was initially rejected, it contained language describing, which unmistakably described a crypto USD. Edited March 28, 2020 by Foxx 1 Link to comment Share on other sites More sharing options...
TPS Posted March 28, 2020 Share Posted March 28, 2020 2 hours ago, Foxx said: where will we get the money? seriously? where did we get QEInfinity? keystrokes my friend... keystrokes It was sarcasm 1 Link to comment Share on other sites More sharing options...
ALF Posted March 29, 2020 Share Posted March 29, 2020 Canadian Drillers Face Nightmare Scenario As Oil Crashes To $5 The U.S. shale patch laments oil prices in the low $20s crippling companies with already weakened debt and liquidity profiles. But further north, the outlook for Canada’s oil patch is even gloomier. Hit by the pandemic-driven demand shock and the price war-induced supply shock, Canadian oil prices have already crashed to below US$10 a barrel. https://oilprice.com/Energy/Energy-General/Canadian-Drillers-Face-Nightmare-Scenario-As-Oil-Crashes-To-5.html Link to comment Share on other sites More sharing options...
SoCal Deek Posted March 29, 2020 Share Posted March 29, 2020 16 minutes ago, ALF said: Canadian Drillers Face Nightmare Scenario As Oil Crashes To $5 The U.S. shale patch laments oil prices in the low $20s crippling companies with already weakened debt and liquidity profiles. But further north, the outlook for Canada’s oil patch is even gloomier. Hit by the pandemic-driven demand shock and the price war-induced supply shock, Canadian oil prices have already crashed to below US$10 a barrel. https://oilprice.com/Energy/Energy-General/Canadian-Drillers-Face-Nightmare-Scenario-As-Oil-Crashes-To-5.html The same will be true of solar, whose viability relies solely on expensive oil. 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted March 29, 2020 Share Posted March 29, 2020 1 hour ago, ALF said: Canadian Drillers Face Nightmare Scenario As Oil Crashes To $5 The U.S. shale patch laments oil prices in the low $20s crippling companies with already weakened debt and liquidity profiles. But further north, the outlook for Canada’s oil patch is even gloomier. Hit by the pandemic-driven demand shock and the price war-induced supply shock, Canadian oil prices have already crashed to below US$10 a barrel. https://oilprice.com/Energy/Energy-General/Canadian-Drillers-Face-Nightmare-Scenario-As-Oil-Crashes-To-5.html Why is gas over $3 per gallon still here in CA. Hey pretty boy Gavin. We never got the results of your investigations in to the high gas prices. What did you find out? We didn’t forget. He said he would investigate last April. And then again in October and not one ***** person (other than me as far as I know) has called him out on it. When he announced this in October no one said “Wait! What happened to your investigation in the spring? ? https://www.latimes.com/california/story/2019-10-21/gavin-newsom-california-high-gas-prices-should-be-investigated?_amp=true https://sacramento.cbslocal.com/2019/04/24/gavin-newsom-high-gas-prices-explanation/amp/ Link to comment Share on other sites More sharing options...
3rdnlng Posted March 29, 2020 Share Posted March 29, 2020 (edited) 13 minutes ago, Chef Jim said: Why is gas over $3 per gallon still here in CA. Hey pretty boy Gavin. We never got the results of your investigations in to the high gas prices. What did you find out? We didn’t forget. He said he would investigate last April. And then again in October and not one ***** person (other than me as far as I know) has called him out on it. When he announced this in October no one said “Wait! What happened to your investigation in the spring? ? https://www.latimes.com/california/story/2019-10-21/gavin-newsom-california-high-gas-prices-should-be-investigated?_amp=true https://sacramento.cbslocal.com/2019/04/24/gavin-newsom-high-gas-prices-explanation/amp/ https://www.gasbuddy.com/Station/106892 $1.20 a gallon. A blast from the past: https://www.redstate.com/diary/williamjameson/2011/01/20/obamas-energy-sec-wants-7-to-9-unleaded-gas-prices/ Chu said he favors gradually ramping up gasoline taxes over 15 years to nudge consumers into buying cars that are more fuel efficient and homes which are closer to work. Chu spoke with The Wall Street Journal in September but the newspaper did not publish the gas tax comments until last seek, shortly after the Nobel-prize winning physicist had been identified as Obama’s nominee for Energy secretary. The president-elect acknowledges that gas prices have come down since the summer when they reached $4 per gallon. He worries, however, that the overall economic downturn makes American families ill-equipped to shoulder higher prices. “I can imagine in the hearings Chu facing problems because he dares say, ‘higher prices,’” said Schipper. “But I think there is no solution that does not involve higher prices.” Schipper, who shared a lab at Berkeley with Chu from 1972-74, estimates that the average cost of gasoline in Europe at present is somewhere between $7-9 per gallon. Edited March 29, 2020 by 3rdnlng Link to comment Share on other sites More sharing options...
Chef Jim Posted March 29, 2020 Share Posted March 29, 2020 6 minutes ago, 3rdnlng said: https://www.gasbuddy.com/Station/106892 $1.20 a gallon. Link to comment Share on other sites More sharing options...
Foxx Posted March 29, 2020 Share Posted March 29, 2020 7 minutes ago, Chef Jim said: what the hell does a loaf of bread cost? 1 Link to comment Share on other sites More sharing options...
billsfan1959 Posted March 29, 2020 Share Posted March 29, 2020 7 minutes ago, Chef Jim said: Prices like that are nothing less than criminal. Here in North Carolina: 1 Link to comment Share on other sites More sharing options...
3rdnlng Posted March 29, 2020 Share Posted March 29, 2020 Just now, Foxx said: what the hell does a loaf of bread cost? Because of the cost the largest is a 1/2 loaf. 2 Link to comment Share on other sites More sharing options...
RochesterRob Posted March 29, 2020 Share Posted March 29, 2020 33 minutes ago, Chef Jim said: Why is gas over $3 per gallon still here in CA. Hey pretty boy Gavin. We never got the results of your investigations in to the high gas prices. What did you find out? We didn’t forget. He said he would investigate last April. And then again in October and not one ***** person (other than me as far as I know) has called him out on it. When he announced this in October no one said “Wait! What happened to your investigation in the spring? ? https://www.latimes.com/california/story/2019-10-21/gavin-newsom-california-high-gas-prices-should-be-investigated?_amp=true https://sacramento.cbslocal.com/2019/04/24/gavin-newsom-high-gas-prices-explanation/amp/ How much of your 3 dollars is government tax? 1 Link to comment Share on other sites More sharing options...
3rdnlng Posted March 29, 2020 Share Posted March 29, 2020 7 minutes ago, RochesterRob said: How much of your 3 dollars is government tax? Combine the tax with CA regulations regarding formulation, etc. 1 Link to comment Share on other sites More sharing options...
Foxx Posted March 29, 2020 Share Posted March 29, 2020 8 minutes ago, RochesterRob said: How much of your 3 dollars is government tax? $4.27 5 Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted March 29, 2020 Share Posted March 29, 2020 30 minutes ago, Chef Jim said: Here in the hot zone we pay 2.05. across the river in PA, they pay 2.55. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 29, 2020 Share Posted March 29, 2020 (edited) 12 minutes ago, RochesterRob said: How much of your 3 dollars is government tax? About $.80 in state and federal taxes and fees per gallon. And this is one good thing about the virus. I don't drive nearly as much and the few times I've gone to the office there is no traffic so my mileage has been great so I'm spending a lot less on gas. Edited March 29, 2020 by Chef Jim Link to comment Share on other sites More sharing options...
RochesterRob Posted March 29, 2020 Share Posted March 29, 2020 6 minutes ago, Chef Jim said: About $.80 in state and federal taxes and fees per gallon. Given the loons you have running state government out there don't be surprised if CA tries to take more in gas tax in a move redistribute money in the CA economy. 9 minutes ago, Joe in Winslow said: Here in the hot zone we pay 2.05. across the river in PA, they pay 2.55. South of Rochester, NY it is 2.05-2.30 per gallon for 87 grade. Last I knew state and federal tax was around a quarter but that could have certainly changed. Link to comment Share on other sites More sharing options...
Chef Jim Posted March 29, 2020 Share Posted March 29, 2020 1 minute ago, RochesterRob said: Given the loons you have running state government out there don't be surprised if CA tries to take more in gas tax in a move redistribute money in the CA economy. Been there, done that. https://www.latimes.com/politics/la-pol-ca-california-gas-tax-increase-road-repairs-20190620-story.html Link to comment Share on other sites More sharing options...
RochesterRob Posted March 29, 2020 Share Posted March 29, 2020 3 minutes ago, Chef Jim said: Been there, done that. https://www.latimes.com/politics/la-pol-ca-california-gas-tax-increase-road-repairs-20190620-story.html Yes, but what is to stop them from going to 1.00 dollar or more per gallon? 1 Link to comment Share on other sites More sharing options...
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