Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

In reply to the discussion: Krasnov Fucked Up [View all]

marble falls

(72,271 posts)
24. No. He wants to be seen as wanting cheap energy because that is what he and his noncritically thinking supporters want .
Mon Jun 23, 2025, 03:59 PM
Jun 2025

Do you remember the rumor that went around the US until the eighties that there was a 400 mpg carburetor that the oil companies bought the patent and buried it. Sounds plausible until one thinks critically. If there were carburetors that that improved miles per gallon by 10 times, Big Oil would try to give one to everybody and raise the price per gallon by a factor of 11.

The oil companies are not known for giving the public any breaks at all, ever. If prices are high they pump oil, if prices are low they buy someone else's oil and bump prices up. The barrel price in Texas determines if the grasshoppers are working or at rest. They only work after a certain price per barrel goes over a certain bench mark price, it's been $40/barrel and been as high as $80/barrel.

Why in the world would the richest industry cut prices lower than they can gouge?

Recommendations

1 members have recommended this reply (displayed in chronological order):

Krasnov Fucked Up [View all] gab13by13 Jun 2025 OP
How long before we're drilling on all the public lands they're selling? ananda Jun 2025 #1
There is no reason to drill progressoid Jun 2025 #7
I don't think that matters to Trump. ananda Jun 2025 #8
The current oil boom started w Obama IbogaProject Jun 2025 #22
Yep. There was endless bullshit right wing propaganda about the US losing energy indepence under Biden progressoid Jun 2025 #27
Sadly, there is more coal in those areas than oil... Wounded Bear Jun 2025 #17
That makes sense. Crypto. ananda Jun 2025 #31
He is busy choosing prime building spots pwb Jun 2025 #2
Or prime building spots in National Forests. emulatorloo Jun 2025 #35
Kraznov does not want cheap oil, and if he did, the US petrolum companies do not want cheap oil .... marble falls Jun 2025 #3
Krasnov does want cheap oil, gab13by13 Jun 2025 #14
No. He wants to be seen as wanting cheap energy because that is what he and his noncritically thinking supporters want . marble falls Jun 2025 #24
Exactly. It's actually pretty simple.... Ol Janx Spirit Jun 2025 #36
Thank you for saying it clearer than I did! marble falls Jun 2025 #37
You said it really well! I was just hoping to add to that thought... Ol Janx Spirit Jun 2025 #40
Seriously, I wished I'd have penned both of your posts. marble falls Jun 2025 #42
Refinement is the bottleneck they utilize misanthrope Jun 2025 #28
They create their own bottlenecks by 'maintenence' on four or five refineries at a time and raise prices over headlines. marble falls Jun 2025 #32
In other news: Water Is Wet. rsdsharp Jun 2025 #4
Money launderingrus orangecrush Jun 2025 #5
Then he'll intentionally cause a recession to lower demand for oil and goods IronLionZion Jun 2025 #6
Yes, and crypto is the biggest ripoff ever Nigrum Cattus Jun 2025 #9
Agree. I'm horrified this administration is anywhere near the Treasury with his crypto crap. Book txwhitedove Jun 2025 #20
In the 1980's I watched "Private Schulz" on PBS Wednesdays Jun 2025 #26
When... haryn Jun 2025 #10
As noted upthread BumRushDaShow Jun 2025 #11
Yes this has been their plan all along FakeNoose Jun 2025 #13
You are looking at this for what benefits the fossil fuel industry. gab13by13 Jun 2025 #15
Wrong Hornedfrog2000 Jun 2025 #18
Well we have been hearing about "peak oil" for a long time BumRushDaShow Jun 2025 #16
We are crossing the peak IbogaProject Jun 2025 #23
I ran into an article the past week BumRushDaShow Jun 2025 #25
We were bamboozled by the oil companies into tolerating frack oil as a necessary evil ... marble falls Jun 2025 #38
"this showed that while the easy was mostly gone there were huge deposits untouched." BumRushDaShow Jun 2025 #39
Isn't it amazing how effectively big oil flipped that image of easy oil to no oil and then become the biggest oil ... marble falls Jun 2025 #41
They realized BumRushDaShow Jun 2025 #43
With a healthy dose of 'image is everything'. marble falls Jun 2025 #44
Absolutely Blue Full Moon Jun 2025 #12
I also think he'll be sorry he chose to side with Bibi instead of putin... in regards to Iran. liberalla Jun 2025 #19
Kabuki theatre, easily could be prearranged lostnfound Jun 2025 #34
Crypto, gypto, klepto. oasis Jun 2025 #21
He wants to replace the dollar with crypto. Pretty obvious but not (as usual) well thought out. n/t Evolve Dammit Jun 2025 #29
That is why he is declaring there is a cease fire Bev54 Jun 2025 #30
Back in the Neo-Anthropo-Sane Epoch... BurnDoubt Jun 2025 #33
Crypto gfarber Jun 2025 #45
Latest Discussions»General Discussion»Krasnov Fucked Up»Reply #24