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Get ready to pay even more for things than you do now.

raleighherdfan

Platinum Buffalo
Feb 22, 2010
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Inevitably this will have the opposite effect than whats sold to the rubes

The task force will be jointly led by the Federal Trade Commission and the Department of Justice, two agencies at the forefront of the Biden administration’s aggressive regulatory agenda over the past three years


And Mush Brain wonders why inflationary pressures wont come down. Of course, the Admin really doesn't care. Another power grab by govt bureaucrats that reinforces big corps get bigger and the small biz guy gets crowded out of the marketplace.
 
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Inevitably this will have the opposite effect than whats sold to the rubes

The task force will be jointly led by the Federal Trade Commission and the Department of Justice, two agencies at the forefront of the Biden administration’s aggressive regulatory agenda over the past three years


And Mush Brain wonders why inflationary pressures wont come down. Of course, the Admin really doesn't care. Another power grab by govt bureaucrats that reinforces big corps get bigger and the small biz guy gets crowded out of the marketplace.
Excessive corporate profits are and have recently been a huge cause of inflation. You lying idiot.
 
Excessive corporate profits are and have recently been a huge cause of inflation. You lying idiot.

Desperate, Democrat talking point. I'm not saying that has some to do with it, because it does. However, when we were in horible shape, regarding the economy and despite warnings of what it would do to inflation, Pedo-Joe and the Democrats pushed forward the $1.4 trillion stimulus package. I remember Commie-la Harris saying it was going to bring people out of poverty. A whole $1,000? All it did was flame the fires of inflation and it didn't do shit for people, but get them through a month, at the most.

Bring people out of poverty?...Who did she think she was fooling, besides, possibly, you and your fellow bleaters?

This "free" stuff Democrats keep handing out, ISN'T free and EVERYONE pays...Eventually. The rich don't take cuts without reacting and people need to get that through their thick skulls. Not saying you, because once we get though your thick skull, I'd imagine there's nothing to discover.
 
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As long as Diesel is north of 4-5$ a gallon costs across the board prices will keep inflating.

We could have a remedial class here "Economics for liberals... err... Dummies"...

What is the difference???


"But for goods price inflation, for everything from production to shipping, the contribution of diesel prices to inflation is even greater. Zandi calculates that 17% of the acceleration of goods price inflation is due to the higher diesel costs."
 

https://www.epa.gov/newsreleases/bi...s-strongest-ever-pollution-standards-cars-and
We could have a remedial class here "Economics for liberals... err... Dummies"...

What is the difference???


"But for goods price inflation, for everything from production to shipping, the contribution of diesel prices to inflation is even greater. Zandi calculates that 17% of the acceleration of goods price inflation is due to the higher diesel costs."
Meanwhile biden admin keeps putting their knee on the neck of petroleum to decrease demand (which decreases supply, I think about 6-10 refineries have closed since Biden came to office)
 
Excessive corporate profits are and have recently been a huge cause of inflation. You lying idiot.
Mark Margolis Rage GIF by Breaking Bad
 
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https://www.epa.gov/newsreleases/bi...s-strongest-ever-pollution-standards-cars-and

Meanwhile biden admin keeps putting their knee on the neck of petroleum to decrease demand (which decreases supply, I think about 6-10 refineries have closed since Biden came to office)
LyondellBasell, Houston, Texas: Capacity: 263,776 barrel-per-day (bpd)
Lyondell said in April of 2022 that it would permanently shut the refinery by year-end 2023, as it was unable to find a buyer and did not want to invest to keep the facility open.

Phillips 66 Alliance, Belle Chasse, Louisiana: Capacity: 255,000 bpd
Phillips 66 announced in November 2021 that it would not reopen the Alliance refinery, which was shut in mid-August ahead of Hurricane Ida. The 50-year-old refinery was severely damaged after several feet of water flooded it during the storm.

Limetree Bay, St Croix, US Virgin Islands: Capacity: 210,000 bpd
Limetree Bay Energy shut its St. Croix refinery due to financial problems in May 2021 after only operating for a few months, due to operational setbacks. The refinery had already been idle for a decade before restart. The plant was sold to a Jamaican oil storage facility in December 2021

Shell Convent, St. James, Louisiana: Capacity: 240,000 bpd
Shell announced in November 2020 it would be shuttering the refinery after attempts to sell the plant between July and October were unsuccessful. The refinery became unprofitable as COVID-19 spread across the United States.

Marathon, Martinez, California: Capacity: 161,000 bpd
Marathon Petroleum said in August 2020 that it would permanently close two refineries in Martinez, California, and Gallup, N.M. in response to lower fuels demand, after idling the facilities following COVID-19 outbreaks in the United States. The company is converting the Martinez refinery to produce 260 million gallons per year of renewable diesel starting in 2023.

Phillips66, Rodeo, California Capacity: 120,200 bpd
U.S. refiner Phillips 66 plans to fully convert its Rodeo, California, crude oil refinery into a renewable fuels plant using cooking oil and food wastes beginning in 2024.

HollyFrontier, Cheyenne, Wyoming: Capacity: 52,000 bpd
HollyFrontier Corp said in June 2020 it would convert its Cheyenne refinery into a renewable diesel plant
Calcasieu Refining, Lake Charles, Louisiana: Capacity: 135,500 bpd
Calcasieu Refining shut its Lake Charles plant in early August of 2020, according to the Louisiana Department on Environmental Quality, citing demand loss during the pandemic.


ADDITIONS TO PRODUCTION
The U.S. is home to only one real 2023 “mega-project,” but it may impact gasoline, diesel and jet fuel later in the first quarter of 2023. ExxonMobil Corp. will expand the capacity of its Beaumont, Texas, refinery by 250,000 from its current nameplate of 384,000 b/d.

The first quarter is expected to see the restart of the rebuilt 50,000 b/d Superior, Wis., refinery that has been offline since an early 2018 explosion and fire.

Valero Energy Corp. is adding 102,000 b/d of crude processing capacity at its Port Arthur, Texas, refinery and the work will include a 55,000 b/d increase in coking capacity.
 
LyondellBasell, Houston, Texas: Capacity: 263,776 barrel-per-day (bpd)
Lyondell said in April of 2022 that it would permanently shut the refinery by year-end 2023, as it was unable to find a buyer and did not want to invest to keep the facility open.

Phillips 66 Alliance, Belle Chasse, Louisiana: Capacity: 255,000 bpd
Phillips 66 announced in November 2021 that it would not reopen the Alliance refinery, which was shut in mid-August ahead of Hurricane Ida. The 50-year-old refinery was severely damaged after several feet of water flooded it during the storm.

Limetree Bay, St Croix, US Virgin Islands: Capacity: 210,000 bpd
Limetree Bay Energy shut its St. Croix refinery due to financial problems in May 2021 after only operating for a few months, due to operational setbacks. The refinery had already been idle for a decade before restart. The plant was sold to a Jamaican oil storage facility in December 2021

Shell Convent, St. James, Louisiana: Capacity: 240,000 bpd
Shell announced in November 2020 it would be shuttering the refinery after attempts to sell the plant between July and October were unsuccessful. The refinery became unprofitable as COVID-19 spread across the United States.

Marathon, Martinez, California: Capacity: 161,000 bpd
Marathon Petroleum said in August 2020 that it would permanently close two refineries in Martinez, California, and Gallup, N.M. in response to lower fuels demand, after idling the facilities following COVID-19 outbreaks in the United States. The company is converting the Martinez refinery to produce 260 million gallons per year of renewable diesel starting in 2023.

Phillips66, Rodeo, California Capacity: 120,200 bpd
U.S. refiner Phillips 66 plans to fully convert its Rodeo, California, crude oil refinery into a renewable fuels plant using cooking oil and food wastes beginning in 2024.

HollyFrontier, Cheyenne, Wyoming: Capacity: 52,000 bpd
HollyFrontier Corp said in June 2020 it would convert its Cheyenne refinery into a renewable diesel plant
Calcasieu Refining, Lake Charles, Louisiana: Capacity: 135,500 bpd
Calcasieu Refining shut its Lake Charles plant in early August of 2020, according to the Louisiana Department on Environmental Quality, citing demand loss during the pandemic.


ADDITIONS TO PRODUCTION
The U.S. is home to only one real 2023 “mega-project,” but it may impact gasoline, diesel and jet fuel later in the first quarter of 2023. ExxonMobil Corp. will expand the capacity of its Beaumont, Texas, refinery by 250,000 from its current nameplate of 384,000 b/d.

The first quarter is expected to see the restart of the rebuilt 50,000 b/d Superior, Wis., refinery that has been offline since an early 2018 explosion and fire.

Valero Energy Corp. is adding 102,000 b/d of crude processing capacity at its Port Arthur, Texas, refinery and the work will include a 55,000 b/d increase in coking capacity.
That’s because your @sshole friends began shutting everything down (the pre 2021 refineries) freaking out about the Wuhan flu as well as making emissions standards harder for diesels to meet further suppressing demand. So when it comes time for the trains and big rigs to get diesel there is far less of a supply (government forced) and it takes a year or more to get that ramped back up because of the complexity. But you are an idiot and don’t know how any of that works because you are more concerned about climate change than your fellow countrymens wallets and purses.
 
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That’s because your @sshole friends began shutting everything down
Maybe your red states should have listened. 9 of the 11 highest Covid death rate per capita states were red in 2020. The same for 12 of the 15 in 2021.

There was no diesel shortage in 2020-2021.

SleauxTard.
 
Maybe your red states should have listened. 9 of the 11 highest Covid death rate per capita states were red in 2020. The same for 12 of the 15 in 2021.

There was no diesel shortage in 2020-2021.

SleauxTard.
Keeping peoples livelihoods going > death rates

They shut down production in 2020 because of no work mandates, lack of people driving, and emissions rules put back into place in 2021. Which had a ripple effect which we still see today But you don’t understand how things work because you aren’t evolved enough.
 
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Keeping peoples livelihoods going > death rates
I'm curious as to the importance of a job to a dead person.

They shut down production in 2020 because of no work mandates, lack of people driving, and emissions rules put back into place in 2021. Which had a ripple effect which we still see today But you don’t understand how things work because you aren’t evolved enough.
SleauxTard is a lying idiot.
 
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