We're a major oil exporter, so yeah our wealthy and oil producers are very fortunate. The rest of us will suffer for their profits
"I know its gotten worse here, but because of our actions other countries are collapsing. You guys are lucky!"
This guy at one point had a chance to become a decent conservative leader. The power and the coke got to him and he's gonna fall off hard after it's over.
My favorite thing that dictators do. Denying reality and gaslighting you.
If this disaster has taught us anything it's that we can't continue to be so utterly dependent on oil. This particular oil crisis was unnecessary, a result of profoundly incompetent leadership, but it really just accelerated the inevitable.
Oil is a finite natural resource. There's only so much of it in the ground, and it can't be renewed on human time scales. What we pump up and burn is essentially gone forever. We've already used a lot of what took nature millions of years to create. We've already pumped up and burned the easiest and cheapest to get at oil. There's no more Jed Clampett oil. You know, oil that's so near the surface and easy to extract that you can find it by accident. No, that's all gone. We have to really look hard to find more oil, today. New oil discovery is much more expensive.
There are still about 1.77 trillion barrels of proven oil reserves. But, we use 37 billion barrels of oil every year. At that rate of consumption, proven oil reserves will be depleted in a little under 50 years. And that's at current annual consumption levels. If our annual consumption increases, the time remaining to total depletion of proven oil reserves decreases.
We will all but certainly discover more oil than what is already proven. However, that oil will almost certainly be more expensive to extract. Again, we've pumped up and burned all the Jed Clampett, sweet bubbling crude. Today, we have to drill deeper to get to less easy to extract oil, like oil that's locked up in porous rock that has to be fractured apart.
So it takes more money to produce a barrel of oil than used to, and the demand for oil just keeps going up every year. Higher oil prices are an inevitability. It's simple supply and demand. We simply can't afford to continue to be so dependent on oil. We have to diversify.
Electrified transportation is a great option, especially if the electricity is generated from renewable sources. Once we've burned a gallon of gas is just gone. It's been used and it's never coming back. Conversely, the sunlight that was used today to generate electricity will be replaced with new sunlight tomorrow. The sun keeps making more, and it will keep making more for billions of years.
This isn't just an environmental issue, it's a financial issue, it's a common sense issue.
What the usa and it's puppets should learn is stop trying to ruin other countries
What world is this article writing from - gas in my neck of the woods is 4.99, others are above 5.10
This guy looks like he doesn't have the backbone to insist anything. The cosplay is strong in this one.
Meanwhile in the Netherlands I just saw a station selling gas at $11.26 gallon. So good job Rubio, super awesome, you're only utterly fucking over all of your allies and making people's lives miserable worldwide. Great job.
USA has no more allies.
As if any of us are really thinking we're America's allies any more... The only good thing to come from this will be increased self-sufficiency so we don't need to depend on the psychotic toddler across the pond for anything important.
I believe a lot of the difference is fuel taxes. You also have to put up with… infrastructure you can afford to maintain
That's all true, but besides my point.
Gas was expensive before, now it's just completely bonkers. Rubio can celebrate that the US is "fortunate", but that ignores the damage being done worldwide.
That said: the roads here are absolutely immaculate. Barely a pothole in sight, roads are so smooth you can rollerskate on them. I really think they could spend a bit less on road quality and still have some of the best roads in the world.
Definitely part of your point: he’s also fucking over his own constituents. We not only have record high (for us) gas prices but he can gaslight us that they’re cheap relative to the Netherlands because taxes for infrastructure and maintenance do not come close to covering infrastructure or maintenance.
Oil is somewhat easy to transport and reroute. The producer advantage is rather small.
The US was “very fortunate” as a net exporter of oil, which is not as reliant as other countries on oil from the Middle East, he said.
I love how they all pretend like we share in the profits of the oil companies.
I'm pretty sure I just watched the same liecast by the same liar as youposted. Was there any true facts posted I missed?
Always a good look to argue it could be worse after you fuck up bigly.
“Our companies are making bank exporting oil and natural gas lol get fucked, American populous.”
so typically american! Fuck up the test of the world and boast about how mercans should be happy about it.
But even then, the oil billionaires are the ones making bank, good old broke Joe is the one spending his last cents at the pump so he can get to work...
It’s just another level. Try to make us feel better because at least we’re not like Europeans … with their trains and bicycles. While we ignore that we’re also victims here. Our prices follow global supply and demand, so a big part of the difference is we don’t tax enough to maintain existing roads, much less catch up on infrastructure….. while a few oligarchs get ever richer
Rubio: "we are a net exporter of fuel."
Me: Maybe consider lowering those so that supply is more domestic? (Or reconsider the whole anti green, anti walkable and bike campaign)
Lies, lies and more lies
Dude we're way beyond $4.50, I think the cheapest I've seen in Illinois is $4.89. I use premium, so $5.99-$6.09 depending on the station and their octane rating. I aim for 92-93 for premium. Nothing like a 50%+increase within a few weeks!
Thry use the "average" price which includes all the dirt cheap gulf states that always seem to be overly weighted. We are already way over $5 on the west coast, and I'm not even in California.
Rubio should consider himself "very fortunate" to have not had a fast moving object zooming towards him.
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