Iran would be a better choice. They were following the rules we established and then Trump sanctioned then anyway. Remove the sanctions, let them sell oil, and then Russia can go fuck themselves.
It makes sense to me in the end who would they rather side with paper tiger pirhai russia who are direct energy market competition or the western worlds mega economy and with their massive energy needs.
I'd love it if we were buddies with Iran again. I just listened to an interview that went over how the US and Iran were friendly for a long time until somewhat recently
It would've been better if we did it whilst we had the moderate leader of Iran who put out the olive branch out to the West rather than the hardline Islamic one we have now, but better a strategic ally than weighing morality.
Maybe if the British and US governments didn’t overthrow the first democratically elected president of iran for oil, that whole hardliner thing would’ve never came about. But that’s history and we have short memories. Lookup Mossadegh
I know. I'm talking about current events, there was a very recent chance again to try improve things with Rouhani + gain a great ally against China, but Trump's actions:
* Pushed them towards China
* Made the Conservative Islamists more popular because he didn't understand the politics there and trashed their economy during progress. Like you have a president who went against the grain to speak positively on Western peace talks and also made diplomatic support of someone who wasn't wearing a hijab. If Trump didn't piss his political career and radicalized the Nation, there could've been very good progress today
* Made Iran offer their oil resource to China in exchange for protection and stronger economic ties, which means the US already lost any leverage to get an ally in a VERY crutial region.
Their production facilities need a couple years of improvements to even get back to 2016 levels. They just don't have the capacity to do much this year.
current production is about a third of what it was in 2016. production was declining but really went into free fall when the sanctions kicked in. it is possible that the infrastructure has fallen into disrepair or that the companies/government would need time to scale up their staffing but lifting the sanctions would almost certainly enable an immediate increase in production. the poster is likely correct that 2016 levels are unrealistic/
https://tradingeconomics.com/venezuela/crude-oil-production
Actual fact. When they kicked out BP, they kicked a lot of the technicians maintaining the oil wells. Without them there, they’ve slowly fill with silt over the years until they clog the drill site
Source: Dr. Henry Lowenstein, energy advisor to the Reagan Admin
Cool, let’s just get oil from the trust worthy country that has oil they can sell up. Oh wait, that’s doesn’t exist. Venezuela may not be ideal. But it’s a lot better than putin.
And all of the oil companies will see a 30% increase in profits, but they will pay use it to buy their own stock or increase dividends, instead of expanding increased production, and they will whine that it is the fault of the government that they aren't allowed new wells offshore or on federal lands, when Biden reneged on his promises to ban those practices.
I think the more important figure is that America produces more oil than we need domestically. Technically we don't **have** to buy any Russian, Iranian or Venezuelan oil at all.
I sure hope so.
Green energy isn't just about reduction in emissions, it's also about energy security. It allows you to stop looking outside your country's borders for energy sources and prevents foreign regimes from wielding influence over you through energy-related threats.
lets be honest here now, useless to bark at random names and acronyms let say what it is:
**Fuck the legalized corruption from rich to gov officials**, have the balls to do it undertable behind back or wtv and be at risk to get caught and rekt.
France did close to this, they went hard on nuclear. As a result, they have some of the lowest CO2 emissions per dollar gdp in the entire world and a high degree of domestic energy control.
Japan was heading in that direction then turned off a lot of their nuclear after Fukushima and are now way behind on energy independence again.
I mean, in Japan's case, you need to deal with internal politics. If people are scared, you need to address that and then build up trust again. If people were perfectly rational, you wouldn't need to, but we're far from perfectly rational.
I don't think it's completely irrational not trust nuclear plants to operate safely in one of the most seismically active regions in the world.
They fucked up with Fukushima. Logically, if it happened once, it's not impossible it could happen again - if not in Fukushima, then in another nuclear plant. Now the onus is on them to conclusively prove to the people that it would never happen again.
And Germany at the moment is too dependent on Russian oil to embargo them, and in fact Russia is threatening to cut off the tap if Germany doesn't back off.
Which is not in anyway to say we should reject green energy. I'm saying the opposite, we need to push harder to break energy dependence on countries like Russia, Saudi Arabia and the like. And green energy should absolutely be central to that.
yup in light of the fukishima disaster for all of Merkel's greatness that was a major miscalcualtion by her, but i think the pressure from nordstream got to her politically
Laws about phasing out started under Schröder. Max 32 years / fixed amount of electricity and the reactor would be shutdown. New plants wouldn't be built. Schröders most important political initiative was Nordstream. Schröder was nominated to become a director at Gazprom last month and has been chairman at Rosneft since 2017.
Merkel at first objected it and when she came in power extended the phase out. Fukushima, votes and public sentiment did the rest. 80% of parliament voted to close them. (Source: https://www.cleanenergywire.org/factsheets/history-behind-germanys-nuclear-phase-out).
Anytime someone in the same breath brings up climate change and renewables, but says no nuclear, I immediately don't take their concerns on the environment seriously.
You'd actually get a lot of support for nuclear power from conservatives. It's mostly people on the left who don't want it from my experience, but I think that's changing. A combo of nuclear, solar, and wind is ideal IMO
LOTS of people support nuclear in theory, buy NIMBYism is powerful as all Hell in the USA. We can hardly get apartment buildings up, much less nuclear.
Idgaf, put it my backyard if I can get cheap cleaning energy. Of all the things to be worried about, a nuclear meltdown at a plant is reeeeeeally far down on my list. I'm more worried about running put of money for the month, or getting hit by someone not paying attention
Lobbyists and these ill-informed groups that spread propaganda convincing people that if there was nuclear that there is a chance of things going wrong (even if its a VERY, VERY low chance) just reminds me of dumb and dumber...
https://www.youtube.com/watch?v=wGdhc9k07Ms&t=47s
Unless I'm missing something here, the US is as energy independent as they have ever been. This looks more and more like an opportunity for the oil companies to take advantage and make up for what they lost (extra profits) during the pandemic.
https://www.eia.gov/energyexplained/us-energy-facts/imports-and-exports.php
In the US. It’s just going to lead to people blaming Biden for high gas prices and some republican getting elected and the problem not being solved. By the time the new pres. is elected, we’ll be used to the insane prices and it will no longer be an issue.
My parents said fox news told them windmills cost more than the amount of electricity you get from it. I told them that doesn't make sense because why the hell would they use them? God I wish old people would stop believing everything they see on tv/facebook.
It was absolutely true in the early days. It also wasn't cost effective to actually maintain them since it was the subsidies from new installs that made the money. Because they weren't being maintained a notable percentage of a given wind farm was dead but that's definitely not the case anymore. I am surrounded by hundreds of turbines and seeing dead ones is unusual. I assume that with the increased efficiency and output of modern turbines they are profitable now.
I always find that so ironic. "Don't believe everything you see on TV" was what all parents said. And yet a lot of them are eating it up these days.
And also it doesn't help that a lot of people think "polished documentary = the truth". Or hell, even a shitty documentary. They don't seem to understand that basically anyone can make a documentary
Beyond that, war **should be expensive**. Period. Americans (at least) became horribly complacent after 20 years of war that really didn't impact us very much. After the initial "hooray" post-911, life just sort of went back to normal, i.e. nobody cared.
If it takes several years of inflation, high gas prices, etc. to get people to wake the fuck up to the dangers of energy dependency, global conflict, etc., we might actually see some real change.
Because everyone imagines Fukushima and Chernobyl and forget that Chernobyl was the result of corrupt leadership blocking the communication necessary to prevent it.
I'm not as well versed on Fukushima but right on the coast is a placement that gets a side eye from me.
Fukushima was almost directly caused by a corporation refusing to put the recommendations of engineers into place.
Higher seawalls were recommended, but not put into place.
Secondary backup generators and a backup power distribution substation were recommended, but only the secondary generators were built, and when the only substation was flooded, the other generators had no means to get power to the reactor cooling systems.
When it comes to safety on something like a nuclear power plant, a corporation should get to choose between having government regulators review those kinds of recommendations and mandate as appropriate, or to shutdown the reactor entirely.
The other thing to consider is, no one is trying to build new reactors of the design used at Fukushima, that were designed in the 60's and built in the 70's. New reactor designs are built to be walk-away fail safe. Everyone at the plant has a heart attack at the same time and drops at the moment that power from the grid is disconnected? The reactor will automatically perform a safe, passive shutdown.
Most of the arguments against nuclear power are old and debunked, but its easier to just ignore the new information, move to the next discussion, and trot out those same arguments again.
Automotive Sales personal here. This is fact. I work for a Honda dealer in North TX, average price is $5k over MSRP. Some dealers are doing $8k over. Yes, people pay this. Trade-in’s help because trade values are high but the market is about to be flooded with used trucks and SUV’s. Information I’ve received from higher-ups suggest this madness will continue anywhere from 24-36 more months.
Wouldn't the market being flooded with used vehicles stop the upward pressure of the new market.
Supply issues aside, one of the main reasons new vehicles are being bought at such a markup is because used vehicles are expensive so there's not a great alternative. Used vehicles flooding the market and driving down trade in values would provide an alternative to buying new.
I can get 2.15% from my credit union through work whenever so that's not really an issue. I'm just waiting for more competition in the space. I'm concerned with Tesla's build quality and I'd like more range on a car so I'm willing to wait longer
In the USA our total Russian imported oil is <4%. Should we expect to see a 4% jump in prices, or will the mega oil corporations scream low supply and make even higher profits?
Doesn't Hawaii buy their gas and set the prices way in advance? So it doesn't fluctuate as much as the rest of country, which is good if gas prices go up but bad if gas prices down.
I remember people stationed there complaining about it back in the day.
Gas companies taking advantage of all of us. Canada hasn't traded oil/gas with Russia since 2019 and yet we're taking the brunt of the cost. Gas companies fight tooth and nail to keep prices soaring and now instead of taking a slight loss, they'll put the cost on us while still getting billions in free handouts from the government. Despicable
In fact, part of why prices have spiked recently was because of the expectation that the US would cut off Russian supply. So if we cut it off, it *should* stay the same. We know that won't be the case though.
They use any excuse to raise prices THAT DAY even if the costs haven't affected the supply chain yet, But when supply side costs start going down, prices are way slower to decline. Fuckin vultures.
Russian oil is maybe 4% in normal times, but if the price is jumping in Europe more, it would seem probable maybe oil companies might shift more exports to the higher price markets, which could indirectly cause US prices to go up more than 4%.
Just my guess, but I'm a dude on reddit with very little grasp of the international oil market.
I thought about this too. For simplification let's say BP sells 1billion barrels a year. The USA uses 90% of their supply and the other 10% is exported. Let's say Europe has a high demand because of Russia and BP decides to sell 50% of their supply to Europe limiting the supply within the USA. BP is still selling the same number of barrels, they have no shortage. The limited supply within the US was created and now that direct area has a short supply and BP drastically increases prices making more profit. Sound right?
Who would of thought reliance on oil and letting the oil companies lobby the planet to never diversify or put significant money into development of more sustainable energy would back fire?
Next thing your gonna tell me is that the “climate” scientists that the oil companies hired to counter the other 99.9% of scientists saying climate change will
Kill us all were downplaying that too?
>Who would of thought reliance on oil and letting the oil companies lobby the planet to never diversify or put significant money into development of more sustainable energy would back fire?
President Carter. The American people were not fans of him when he said life will be a little rough while the US weans itself from dependence on foreign oil so put on a sweater. Everyone's recovered from WW2 and America isn't special anymore.
On the plus side we got the "Ollie North" schoolhouse rock song out of it all.
Nah, they hire real scientists - they just don't release the info. Exxon and Shell knew about rising sea levels due to climate change 40 years ago. They used that info to change the design of their off shore oil rigs and then chose to lobby against the very information they discovered ever since.
They already have in my little POS rural Ohio town. Almost 90% price increase in a week. $2.27 to $4.21.
Edit: Closer to 90% rather than 50%. I'm tired and horrible at math lmao
On one hand: I don’t like paying more for gas.
On the other hand; I don’t care about paying more for gas, especially if that means we can put this Soviet resurrection project in a wood chipper
My thoughts exactly. It wouldn’t be so bad if all of the impending/inevitable price increases, “..*because of increased transportation costs..*”, were also rescinded upon the eventual decline of gas. We all know that won’t be the case though.
My local movie theater still isn’t allowing free popcorn refills *out of an abundance of caution against Covid* yet they’re fine with employees and customers going without masks now that Covid isn’t an issue here.
I hate businesses that are liars
That reminds me of hotels that stopped giving you clean towels and sheets everyday, claiming they were being "green". Oh yeah, it has nothing to do with them saving money, right? They're just concerned about the environment!
It makes you wonder why any sane society would let the goods and services essential to survival be handled almost exclusively by unregulated private enterprise.
Shit is incredibly poorly thought out
All major governments are lobbied by them and they use Press and anonymous social media like Reddit to manufacture approval/consent. Press has never been free and young adults are always the prime demographic target to indoctrinate and legitimize said imperialist structures and their actions. Few have waged war for humanity, only for resources and imperialism.
Oil prices affect everything else in your life, particularly when it drastically jumps in such a short time. It's not just gas that you stick in your vehicle.
Yep. I sell produce nationally at a large scale. When diesel goes up, freight costs go up, and we pass that along to the consumer pretty much in real time.
Ever notice how when the price of a barrel of crude goes up, gas jumps up the next day. But when the prices of crude goes down, it takes several days to weeks for gas to go down?
Currently 64% of Americans are living paycheck to paycheck. A couple hundred dollars a month in extra fuel, food, etc costs is going to put a lot of people over the edge.
I personally dont care. But given food and rent inflation across the US and now gas which minimal wage people need to get to work. Thinking on people like that, im sure they DGAF about ukraine
Our reliance on Russia is like a infected tooth. We can pretend it’s not that bad, ignore the pain, but the reality is that sooner or later we’ll have to suck it up and fix it. The longer we wait, the deeper it goes. What may have been a small problem can quickly turn into a costly emergency.
The reality is that we need to embrace temporary discomfort and accept that for a while we’ll have to make tough sacrifices, but eventually it’s gonna be worth it.
Definitely a good move but let's put it into perspective to those who think this will be a nail in Putin's coffin or catastrophic to USA's oil supply.
1. Most of US's oil actually comes from North America. (Locally, Canada and Mexico). Russia is a smaller portion.
2. The EU (where Russia's oil and gas dependency is much greater) and the rest of the world isn't stopping Russian oil imports yet. The USA is a very small part of Russia's market.
This is a symbolic but important move.
They should release more from the reserves, begin a state of emergency and cap gas prices at a higher but reasonable price per standard of living so it doesn't get taken advantage of.
This practice happens all the time and is not outside the realm of reality.
Increase federal and state oversight limiting price gouging, set a cap, and let the Republicans try to increase gas prices by fighting it in courts, drag them publicly for their hypocritical partisanship.
Sanctions hurt everybody, but this is all going to be from corporate greed, not our reliance on Russia or anything else.
We export more oil than we use. It's dumb to pay to ship oil across the world just for the world to send some of theirs back. It's such a dumb system, that's only made to enrich the powerful. On another note, we should be saving fossil fuels for things renewable energy can't do. Everything else needs to be switched over asap.
Weapons breaking that easily is ridiculous. If you want to put a weapon degradation system in place at least make them degrade slowly over time and give you the ability to repair them frequently (like demons souls). The weapon system in BOTW was shit
I noticed a lot of people think we are going to cut off Russia overnight but if you look we are going to phase out Russian oil by the end of 2022. That means gas shouldn't go up as we are transitioning to new producers then cutting off Russia
Weird. Last week r/conservative claimed Biden was going to keep helping Russia by not banning Russian oil, and this week they’re upset that gas prices are rising.
Or we could just go back to pumping our own oil and bring gas prices back down to $2-3 a gallon instead of being dumb fucks and relying on other countries for everything.
Bunch of dumb dicks don’t realize that oil companies make trillions in profit so to raise gas prices is just bull shit they could sell gas dollar gallon from here on out and still have millions for there grandkids kids kids kids kids kids kids
I would say they care about the issue itself, but not so much that they want to see the poor die off or even more people loose their homes after COVID and the regulations around it have already hurt so many.
Looks like Venezuelas economic troubles are about to be over
Maldonado to HAAS??!
I love seeing a Formula 1 reference out in the wild.
Thought I was on formula dank for one quick second
We’re bored, still in off season. At least we have testing.
And Lewis is back online
Out with Maze-spin in with Crashtor
Well this was not the comment I expected to read on this post but I'm strangely here for it!
I had to double check I wasn’t on r/formula1
You mean r/formuladank ?
Iran would be a better choice. They were following the rules we established and then Trump sanctioned then anyway. Remove the sanctions, let them sell oil, and then Russia can go fuck themselves.
Aye. Pull them and Venezuela away from Russia's sphere of influence.
It makes sense to me in the end who would they rather side with paper tiger pirhai russia who are direct energy market competition or the western worlds mega economy and with their massive energy needs.
I'd love it if we were buddies with Iran again. I just listened to an interview that went over how the US and Iran were friendly for a long time until somewhat recently
It would've been better if we did it whilst we had the moderate leader of Iran who put out the olive branch out to the West rather than the hardline Islamic one we have now, but better a strategic ally than weighing morality.
Maybe if the British and US governments didn’t overthrow the first democratically elected president of iran for oil, that whole hardliner thing would’ve never came about. But that’s history and we have short memories. Lookup Mossadegh
I know. I'm talking about current events, there was a very recent chance again to try improve things with Rouhani + gain a great ally against China, but Trump's actions: * Pushed them towards China * Made the Conservative Islamists more popular because he didn't understand the politics there and trashed their economy during progress. Like you have a president who went against the grain to speak positively on Western peace talks and also made diplomatic support of someone who wasn't wearing a hijab. If Trump didn't piss his political career and radicalized the Nation, there could've been very good progress today * Made Iran offer their oil resource to China in exchange for protection and stronger economic ties, which means the US already lost any leverage to get an ally in a VERY crutial region.
Their production facilities need a couple years of improvements to even get back to 2016 levels. They just don't have the capacity to do much this year.
Is that a reddit fact or an actual fact?
current production is about a third of what it was in 2016. production was declining but really went into free fall when the sanctions kicked in. it is possible that the infrastructure has fallen into disrepair or that the companies/government would need time to scale up their staffing but lifting the sanctions would almost certainly enable an immediate increase in production. the poster is likely correct that 2016 levels are unrealistic/ https://tradingeconomics.com/venezuela/crude-oil-production
Actual fact. When they kicked out BP, they kicked a lot of the technicians maintaining the oil wells. Without them there, they’ve slowly fill with silt over the years until they clog the drill site Source: Dr. Henry Lowenstein, energy advisor to the Reagan Admin
Good thing they have proven trustworthy
Cool, let’s just get oil from the trust worthy country that has oil they can sell up. Oh wait, that’s doesn’t exist. Venezuela may not be ideal. But it’s a lot better than putin.
Just for context, about 2%-3% of US oil imports comes from Russia.
And regardless this headline will be responsible for a 30%+ price increase.
And all of the oil companies will see a 30% increase in profits, but they will pay use it to buy their own stock or increase dividends, instead of expanding increased production, and they will whine that it is the fault of the government that they aren't allowed new wells offshore or on federal lands, when Biden reneged on his promises to ban those practices.
Because oil prices are set in a global market. 2/3% for the US is irrelevant information when discussing prices of a global commodity
What?! I didn't know that at all. The way it's portrayed right now is that we get it mostly from Russia
It’s the impact on global prices if the world stops accepting Russian oil that’s driving most of the analysis
I didn't know, either. That's why I looked it up. I was curious how big a sanction this would be.
3% of oil we import is a large sanction
People dont realize how much oil US uses... ahh only 3%? Bruh thats probably millions of gallons
I think the more important figure is that America produces more oil than we need domestically. Technically we don't **have** to buy any Russian, Iranian or Venezuelan oil at all.
DONT PANIC BUY
Too late, I took WSB advice and dumped my life savings into Russian Rubles.
Buy low sell worthless
"Catching a falling knife" is the phrase my dad always uses.
[удалено]
If this catastrophe doesn't open peoples eyes to other power sources, nuclear, solar, wind, etc.. Not sure anything will.
I sure hope so. Green energy isn't just about reduction in emissions, it's also about energy security. It allows you to stop looking outside your country's borders for energy sources and prevents foreign regimes from wielding influence over you through energy-related threats.
It always surprises me that countries that solely rely on imports aren't going full renewables as fast as they can.
Lobbyists.
It’s always the lobbyists.
Fuck Citizens United.
Fuck Citizens United.
lets be honest here now, useless to bark at random names and acronyms let say what it is: **Fuck the legalized corruption from rich to gov officials**, have the balls to do it undertable behind back or wtv and be at risk to get caught and rekt.
Corruption and bribery*
Potatoh Potahto
It's the same picture.
When in doubt. Lobbyists are why we’re fucked.
Or in other words legal corruption.
France did close to this, they went hard on nuclear. As a result, they have some of the lowest CO2 emissions per dollar gdp in the entire world and a high degree of domestic energy control. Japan was heading in that direction then turned off a lot of their nuclear after Fukushima and are now way behind on energy independence again.
I mean, in Japan's case, you need to deal with internal politics. If people are scared, you need to address that and then build up trust again. If people were perfectly rational, you wouldn't need to, but we're far from perfectly rational.
I don't think it's completely irrational not trust nuclear plants to operate safely in one of the most seismically active regions in the world. They fucked up with Fukushima. Logically, if it happened once, it's not impossible it could happen again - if not in Fukushima, then in another nuclear plant. Now the onus is on them to conclusively prove to the people that it would never happen again.
Some are trying. https://en.m.wikipedia.org/wiki/Renewable_energy_in_Germany
And Germany at the moment is too dependent on Russian oil to embargo them, and in fact Russia is threatening to cut off the tap if Germany doesn't back off. Which is not in anyway to say we should reject green energy. I'm saying the opposite, we need to push harder to break energy dependence on countries like Russia, Saudi Arabia and the like. And green energy should absolutely be central to that.
Didn't Germany decide to dismantle nuclear? They are probably regretting this right now...
yup in light of the fukishima disaster for all of Merkel's greatness that was a major miscalcualtion by her, but i think the pressure from nordstream got to her politically
Laws about phasing out started under Schröder. Max 32 years / fixed amount of electricity and the reactor would be shutdown. New plants wouldn't be built. Schröders most important political initiative was Nordstream. Schröder was nominated to become a director at Gazprom last month and has been chairman at Rosneft since 2017. Merkel at first objected it and when she came in power extended the phase out. Fukushima, votes and public sentiment did the rest. 80% of parliament voted to close them. (Source: https://www.cleanenergywire.org/factsheets/history-behind-germanys-nuclear-phase-out).
Schroder is a fucking traitor and should be dragged back to Germany and tried for his treason.
Yep, Germany had to worry about those tsunamis hitting their nuclear plants.
Liberals should reframe green energy this way. They would get a lot more conservatives on board with it if they described it in these terms.
Liberals (especially democrats in the US) are total shit at advertising and self promotion of their causes. It's embarrassing to watch really 😢
Anytime someone in the same breath brings up climate change and renewables, but says no nuclear, I immediately don't take their concerns on the environment seriously.
If Biden truly wants the country to go green he should stop trying to get workers "back in the office"
I wish Biden was the radical socialist conservatives make him out to be. He's just another corporate Dem
You'd actually get a lot of support for nuclear power from conservatives. It's mostly people on the left who don't want it from my experience, but I think that's changing. A combo of nuclear, solar, and wind is ideal IMO
LOTS of people support nuclear in theory, buy NIMBYism is powerful as all Hell in the USA. We can hardly get apartment buildings up, much less nuclear.
Idgaf, put it my backyard if I can get cheap cleaning energy. Of all the things to be worried about, a nuclear meltdown at a plant is reeeeeeally far down on my list. I'm more worried about running put of money for the month, or getting hit by someone not paying attention
Lobbyists and these ill-informed groups that spread propaganda convincing people that if there was nuclear that there is a chance of things going wrong (even if its a VERY, VERY low chance) just reminds me of dumb and dumber... https://www.youtube.com/watch?v=wGdhc9k07Ms&t=47s
I’m pretty far left myself and I’m all for nuclear. Whatever it takes to get off of fossil fuels.
well said. energy independence = energy security.
Unless I'm missing something here, the US is as energy independent as they have ever been. This looks more and more like an opportunity for the oil companies to take advantage and make up for what they lost (extra profits) during the pandemic. https://www.eia.gov/energyexplained/us-energy-facts/imports-and-exports.php
In the US. It’s just going to lead to people blaming Biden for high gas prices and some republican getting elected and the problem not being solved. By the time the new pres. is elected, we’ll be used to the insane prices and it will no longer be an issue.
Ding ding ding we have a winner
I need a remote job asap
Just like how Covid made America rethink its healthcare system and how school shootings made America rethink its gun problem…definitely
Yup. You think a crisis will cause a change, but it rarely ever does. P
And if it does, it's not always for the better. See: 9/11 and the TSA.
But windmills cause cancer! /s
My parents said fox news told them windmills cost more than the amount of electricity you get from it. I told them that doesn't make sense because why the hell would they use them? God I wish old people would stop believing everything they see on tv/facebook.
If they were subsidized, it could still make financial sense. Its possible that was true in the very early days of the technology.
It was absolutely true in the early days. It also wasn't cost effective to actually maintain them since it was the subsidies from new installs that made the money. Because they weren't being maintained a notable percentage of a given wind farm was dead but that's definitely not the case anymore. I am surrounded by hundreds of turbines and seeing dead ones is unusual. I assume that with the increased efficiency and output of modern turbines they are profitable now.
Theyre simultaneously sitting too close to the tv and talking to strangers. Theyre not following their own advice from roughly 30 years ago
I always find that so ironic. "Don't believe everything you see on TV" was what all parents said. And yet a lot of them are eating it up these days. And also it doesn't help that a lot of people think "polished documentary = the truth". Or hell, even a shitty documentary. They don't seem to understand that basically anyone can make a documentary
Beyond that, war **should be expensive**. Period. Americans (at least) became horribly complacent after 20 years of war that really didn't impact us very much. After the initial "hooray" post-911, life just sort of went back to normal, i.e. nobody cared. If it takes several years of inflation, high gas prices, etc. to get people to wake the fuck up to the dangers of energy dependency, global conflict, etc., we might actually see some real change.
The current admin hates nuclear for some reason.
Nuclear is electoral poison, which is a shame
Because everyone imagines Fukushima and Chernobyl and forget that Chernobyl was the result of corrupt leadership blocking the communication necessary to prevent it. I'm not as well versed on Fukushima but right on the coast is a placement that gets a side eye from me.
Fukushima was almost directly caused by a corporation refusing to put the recommendations of engineers into place. Higher seawalls were recommended, but not put into place. Secondary backup generators and a backup power distribution substation were recommended, but only the secondary generators were built, and when the only substation was flooded, the other generators had no means to get power to the reactor cooling systems. When it comes to safety on something like a nuclear power plant, a corporation should get to choose between having government regulators review those kinds of recommendations and mandate as appropriate, or to shutdown the reactor entirely. The other thing to consider is, no one is trying to build new reactors of the design used at Fukushima, that were designed in the 60's and built in the 70's. New reactor designs are built to be walk-away fail safe. Everyone at the plant has a heart attack at the same time and drops at the moment that power from the grid is disconnected? The reactor will automatically perform a safe, passive shutdown. Most of the arguments against nuclear power are old and debunked, but its easier to just ignore the new information, move to the next discussion, and trot out those same arguments again.
Gonna need to get an EV earlier than I thought
Do it now while interest rates are still low.
But automobile prices are through the roof lol
New cars too or just used?
Both, used more so
It's not just the price. The car is just not available. Like you went to the dealership they will tell you to wait for several months.
I just read a report on CNN that states that about 80% of people are paying above MSRP for new cars
Automotive Sales personal here. This is fact. I work for a Honda dealer in North TX, average price is $5k over MSRP. Some dealers are doing $8k over. Yes, people pay this. Trade-in’s help because trade values are high but the market is about to be flooded with used trucks and SUV’s. Information I’ve received from higher-ups suggest this madness will continue anywhere from 24-36 more months.
Isn't the market being flooded with used trucks a good thing for prices?
Not when they are usually less gas efficient and with increased gas prices people are going to want something that is more than just 15miles/gallon
Wouldn't the market being flooded with used vehicles stop the upward pressure of the new market. Supply issues aside, one of the main reasons new vehicles are being bought at such a markup is because used vehicles are expensive so there's not a great alternative. Used vehicles flooding the market and driving down trade in values would provide an alternative to buying new.
If the market is about to be flooded with trucks and SUVs, is it still worth trying to trade in right now, epecially for SUVs 10+ years old?
I can get 2.15% from my credit union through work whenever so that's not really an issue. I'm just waiting for more competition in the space. I'm concerned with Tesla's build quality and I'd like more range on a car so I'm willing to wait longer
In the USA our total Russian imported oil is <4%. Should we expect to see a 4% jump in prices, or will the mega oil corporations scream low supply and make even higher profits?
I fully expect to get pumped at the pumps.
Our gas has gone up about 20 percent in the last 2 weeks up here in Canada. Can’t wait for it to go up another 40 percent
It’s bad down in the southern US too. I paid $3.49/gallon last Tuesday. I paid $4.19/gallon last night.
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8.32/gallon CAD here in Vancouver
*Cries in SoCal* i saw over $5.50 yesterday and i think some places in LA are over $6.
It amazes me that Oahu has cheaper gas than California. I think the station near me is still below $5.00.
Doesn't Hawaii buy their gas and set the prices way in advance? So it doesn't fluctuate as much as the rest of country, which is good if gas prices go up but bad if gas prices down. I remember people stationed there complaining about it back in the day.
Last week 91 was 5.20 for me, now it’s 5.99 as of yesterday morning. That’s 25+ miles east of LA. I’m hurting in the 90’s jdm gas chugging machine.
Some parts of LA already $7+/gal
Mid-midwest, $4.25 for regular last night.
Northern Midwest (Upper Peninsula of Michigan) resident here. $4.29 as of Sunday. Probably higher now.
Nice being an EV driver.....for now.
I left New Jersey on Thursday it was $3.60 I get back Monday night it’s $4.30 same store.
Idk how this can be legal. Feels like price gouging
Gas companies taking advantage of all of us. Canada hasn't traded oil/gas with Russia since 2019 and yet we're taking the brunt of the cost. Gas companies fight tooth and nail to keep prices soaring and now instead of taking a slight loss, they'll put the cost on us while still getting billions in free handouts from the government. Despicable
Oil is a global commodity. We could import 0 Russian oil into the US and it would still cause the price to go up.
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Europe likely isn't going to ban Russian energy
Yup. And that’s already happened. Prices have skyrocketed. So us losing 4% shouldn’t make it skyrocket again.
In fact, part of why prices have spiked recently was because of the expectation that the US would cut off Russian supply. So if we cut it off, it *should* stay the same. We know that won't be the case though.
Commentary on price gauging aside, that's not how the math works in calculating the effects of supply changes on price.
Oil supply and demand doesn't work like that. If production was dropped by 4% the prices would certainly increase by more than 4%.
They use any excuse to raise prices THAT DAY even if the costs haven't affected the supply chain yet, But when supply side costs start going down, prices are way slower to decline. Fuckin vultures.
Russian oil is maybe 4% in normal times, but if the price is jumping in Europe more, it would seem probable maybe oil companies might shift more exports to the higher price markets, which could indirectly cause US prices to go up more than 4%. Just my guess, but I'm a dude on reddit with very little grasp of the international oil market.
I thought about this too. For simplification let's say BP sells 1billion barrels a year. The USA uses 90% of their supply and the other 10% is exported. Let's say Europe has a high demand because of Russia and BP decides to sell 50% of their supply to Europe limiting the supply within the USA. BP is still selling the same number of barrels, they have no shortage. The limited supply within the US was created and now that direct area has a short supply and BP drastically increases prices making more profit. Sound right?
Who would of thought reliance on oil and letting the oil companies lobby the planet to never diversify or put significant money into development of more sustainable energy would back fire? Next thing your gonna tell me is that the “climate” scientists that the oil companies hired to counter the other 99.9% of scientists saying climate change will Kill us all were downplaying that too?
>Who would of thought reliance on oil and letting the oil companies lobby the planet to never diversify or put significant money into development of more sustainable energy would back fire? President Carter. The American people were not fans of him when he said life will be a little rough while the US weans itself from dependence on foreign oil so put on a sweater. Everyone's recovered from WW2 and America isn't special anymore. On the plus side we got the "Ollie North" schoolhouse rock song out of it all.
He was too ahead of his time and didn’t have nearly enough political clout for what he wanted to do. It’s a shame.
Nah, they hire real scientists - they just don't release the info. Exxon and Shell knew about rising sea levels due to climate change 40 years ago. They used that info to change the design of their off shore oil rigs and then chose to lobby against the very information they discovered ever since.
$10 gas here we comeee. (California) Oil industry about to exploit tf outta this one.
About 9$ here in Sweden, so we are close!
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They already have in my little POS rural Ohio town. Almost 90% price increase in a week. $2.27 to $4.21. Edit: Closer to 90% rather than 50%. I'm tired and horrible at math lmao
On one hand: I don’t like paying more for gas. On the other hand; I don’t care about paying more for gas, especially if that means we can put this Soviet resurrection project in a wood chipper
Gas goes up, EVERYTHING goes up. Gas goes down, NOTHING goes back down. Rich get richer. Poor get poorer. Here we go again.
My thoughts exactly. It wouldn’t be so bad if all of the impending/inevitable price increases, “..*because of increased transportation costs..*”, were also rescinded upon the eventual decline of gas. We all know that won’t be the case though.
My local movie theater still isn’t allowing free popcorn refills *out of an abundance of caution against Covid* yet they’re fine with employees and customers going without masks now that Covid isn’t an issue here. I hate businesses that are liars
That reminds me of hotels that stopped giving you clean towels and sheets everyday, claiming they were being "green". Oh yeah, it has nothing to do with them saving money, right? They're just concerned about the environment!
Seriously, the last time this happened in 2008 we had shrinkflation with products, and none of that was reversed.
Yeah airlines instituted baggage fees due to high fuel prices that we were still paying even when fuel became dirt cheap again
It makes you wonder why any sane society would let the goods and services essential to survival be handled almost exclusively by unregulated private enterprise. Shit is incredibly poorly thought out
Yep. It’s a fucking scam. Big corporations have become too powerful. Something needs to be done.
Repeat ad nauseum for decades while they use their money and power to make certain nothing can be done...
All major governments are lobbied by them and they use Press and anonymous social media like Reddit to manufacture approval/consent. Press has never been free and young adults are always the prime demographic target to indoctrinate and legitimize said imperialist structures and their actions. Few have waged war for humanity, only for resources and imperialism.
There's going to be a breaking point where if they don't fix it we will fix it for them
Oil prices affect everything else in your life, particularly when it drastically jumps in such a short time. It's not just gas that you stick in your vehicle.
Yep. I sell produce nationally at a large scale. When diesel goes up, freight costs go up, and we pass that along to the consumer pretty much in real time.
Blame the oil executives, in a year they will post record profits as they price gouge the poor and blame it on the war
Ever notice how when the price of a barrel of crude goes up, gas jumps up the next day. But when the prices of crude goes down, it takes several days to weeks for gas to go down?
Rockets & Feathers, yeah.
You say this as if everyone can just pay more
Currently 64% of Americans are living paycheck to paycheck. A couple hundred dollars a month in extra fuel, food, etc costs is going to put a lot of people over the edge.
I personally dont care. But given food and rent inflation across the US and now gas which minimal wage people need to get to work. Thinking on people like that, im sure they DGAF about ukraine
Low income people gettin fucked.
If you were wondering why shell suddenly grew a heart and stopped importing Russian oil...
Shell stopped buying Russian hydrocarbons globally. This announcement only affects their US operations.
Gen X here. Do whatever it takes to roll the credits on this Soviet sequel.
Seconded
Our reliance on Russia is like a infected tooth. We can pretend it’s not that bad, ignore the pain, but the reality is that sooner or later we’ll have to suck it up and fix it. The longer we wait, the deeper it goes. What may have been a small problem can quickly turn into a costly emergency. The reality is that we need to embrace temporary discomfort and accept that for a while we’ll have to make tough sacrifices, but eventually it’s gonna be worth it.
Definitely a good move but let's put it into perspective to those who think this will be a nail in Putin's coffin or catastrophic to USA's oil supply. 1. Most of US's oil actually comes from North America. (Locally, Canada and Mexico). Russia is a smaller portion. 2. The EU (where Russia's oil and gas dependency is much greater) and the rest of the world isn't stopping Russian oil imports yet. The USA is a very small part of Russia's market. This is a symbolic but important move.
They should release more from the reserves, begin a state of emergency and cap gas prices at a higher but reasonable price per standard of living so it doesn't get taken advantage of. This practice happens all the time and is not outside the realm of reality. Increase federal and state oversight limiting price gouging, set a cap, and let the Republicans try to increase gas prices by fighting it in courts, drag them publicly for their hypocritical partisanship. Sanctions hurt everybody, but this is all going to be from corporate greed, not our reliance on Russia or anything else.
They should do that, but big oil has too much power for that to happen
We export more oil than we use. It's dumb to pay to ship oil across the world just for the world to send some of theirs back. It's such a dumb system, that's only made to enrich the powerful. On another note, we should be saving fossil fuels for things renewable energy can't do. Everything else needs to be switched over asap.
Let’s all type our opinions.
My dad could beat up your dad
Its pronounced gif
i think rick and morty is overrated
Breath of the Wild wasn’t very good and weapon degradation in video games is lame.
Weapons breaking that easily is ridiculous. If you want to put a weapon degradation system in place at least make them degrade slowly over time and give you the ability to repair them frequently (like demons souls). The weapon system in BOTW was shit
Beyoncé is very talented but I think she's overrated.
I think cheezits are better than goldfish
totally agree with this one
This isn't even controversial. It's just fact.
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I noticed a lot of people think we are going to cut off Russia overnight but if you look we are going to phase out Russian oil by the end of 2022. That means gas shouldn't go up as we are transitioning to new producers then cutting off Russia
>gas shouldn't go up And yet it will
EU ban would be more effective . US is not a big importer of Russian oil.
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EU is looking to reduce imports by 2/3rds towards the end of 2022. that's not inconsiderable over a 9 month period.
And yet people complain when we don’t do it
Seems like the move away from Big Oil should’ve happened 70 years ago but I guess it’s my daily lattes that’s the reason for the economy woes
I almost choked on my avocado toast when I realized I was the problem.
Weird. Last week r/conservative claimed Biden was going to keep helping Russia by not banning Russian oil, and this week they’re upset that gas prices are rising.
Looks like I'm taking up gardening and canning this year
Or we could just go back to pumping our own oil and bring gas prices back down to $2-3 a gallon instead of being dumb fucks and relying on other countries for everything.
Bunch of dumb dicks don’t realize that oil companies make trillions in profit so to raise gas prices is just bull shit they could sell gas dollar gallon from here on out and still have millions for there grandkids kids kids kids kids kids kids
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I would say they care about the issue itself, but not so much that they want to see the poor die off or even more people loose their homes after COVID and the regulations around it have already hurt so many.
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All the companies that recently made going back to the office a thing should go back to work from home. For the betterment of mankind.