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Biden White House jammed on gas prices

3 points by hncurious 5y ago

cheaprentalyeti 5y ago
Hypocrites. Their party has spent the last twelve years taking the american oilfield apart and now wants all the foreign powers to save them from the consequences of their actions.
rhszfba 5y ago
Total fucking assholes. And all these fucking idiots in California with their fucking teslas and that piece of shit crack-smoking, wife-beating alcoholic governor of ours wants to ban gas cars. It is just like those fucking liberals that wanted to ban the pipeline even though it takes more gas to ship over rail - fucking losers - dumbest motherfuckers on the face of the earth.
PaulHoule 5y ago
My take is that USians are sanguine about the price of gas. In most countries (e.g. Egypt, France) the most common cause of a riot is an increase in the price of fuel. People think the government is responsible for the price of fuel. In the US people think the market is responsible for the price of fuel and they pay up at the pump or get a smaller car. USians never riot over fuel prices; the most likely cause of a riot in the US is the cops killed a black person and got acquitted.
- underseacables 5y ago
  Riot over fuel prices? No, Americans riot over words that hurt. To be clear, the word you’re looking for is protest, not riot. Riots are burning down businesses, shooting people, snd causing mayhem with the intent to destroy. I don’t see that in Europe. As for gas prices, it’s sonewhat due to do with the market but a lot more to do with politics and policy. You might remember the OPEC embargo in the 1970s. If there is a greater supply than demand then prices should go down, unless policy restraints that by limiting exploration, pipelines, etc. Im not sure why you use USians unless its an unintended slur?
  - PaulHoule 5y ago
    Mexico, Canada, Brazil and many other nations are part of "America" so I don't like the phrase "American". Egypt and France have both had "riots" over fuel prices if you consider burning cars and the like to be a "riot". Developing countries such as Egypt frequently have a policy to subsidize fuel, whereas European countries like France have a high tax on fuel. Thus there is a policy to explicitly control the price of fuel. You might say that the US influences fuel prices indirectly through policy but I still think the market prevails despite that. I see that because fuel prices are notoriously volatile in the short term but remarkable stable in the long term. Higher prices really do modify user's behavior and promote investment in new capacities. Policies in energy (nuclearization, synthetic fuels, Keystone XL pipeline, ...) often turn out to be irrelevant in the end, but technological changes (such as the replacement of steam turbines with gas turbines) seem to rule all in the long term.

3 points by hncurious 5y ago

Hypocrites. Their party has spent the last twelve years taking the american oilfield apart and now wants all the foreign powers to save them from the consequences of their actions.

rhszfba 5y ago

Total fucking assholes. And all these fucking idiots in California with their fucking teslas and that piece of shit crack-smoking, wife-beating alcoholic governor of ours wants to ban gas cars. It is just like those fucking liberals that wanted to ban the pipeline even though it takes more gas to ship over rail - fucking losers - dumbest motherfuckers on the face of the earth.

PaulHoule 5y ago

My take is that USians are sanguine about the price of gas. In most countries (e.g. Egypt, France) the most common cause of a riot is an increase in the price of fuel. People think the government is responsible for the price of fuel. In the US people think the market is responsible for the price of fuel and they pay up at the pump or get a smaller car. USians never riot over fuel prices; the most likely cause of a riot in the US is the cops killed a black person and got acquitted.

underseacables 5y ago
Riot over fuel prices? No, Americans riot over words that hurt. To be clear, the word you’re looking for is protest, not riot. Riots are burning down businesses, shooting people, snd causing mayhem with the intent to destroy. I don’t see that in Europe. As for gas prices, it’s sonewhat due to do with the market but a lot more to do with politics and policy. You might remember the OPEC embargo in the 1970s. If there is a greater supply than demand then prices should go down, unless policy restraints that by limiting exploration, pipelines, etc. Im not sure why you use USians unless its an unintended slur?
- PaulHoule 5y ago
  Mexico, Canada, Brazil and many other nations are part of "America" so I don't like the phrase "American". Egypt and France have both had "riots" over fuel prices if you consider burning cars and the like to be a "riot". Developing countries such as Egypt frequently have a policy to subsidize fuel, whereas European countries like France have a high tax on fuel. Thus there is a policy to explicitly control the price of fuel. You might say that the US influences fuel prices indirectly through policy but I still think the market prevails despite that. I see that because fuel prices are notoriously volatile in the short term but remarkable stable in the long term. Higher prices really do modify user's behavior and promote investment in new capacities. Policies in energy (nuclearization, synthetic fuels, Keystone XL pipeline, ...) often turn out to be irrelevant in the end, but technological changes (such as the replacement of steam turbines with gas turbines) seem to rule all in the long term.