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This is a weird article. It is short and lacking detail, does not link any sources, and presents its data as if it's a first (it is not[0]). It reads, to be hon
by jimmygrapes 5y ago
This is a weird article. It is short and lacking detail, does not link any sources, and presents its data as if it's a first (it is not[0]). It reads, to be honest, as propaganda, especially considering the current rise in consumer prices for fuel and news about Saudi Arabia refusing to increase production[1]. What is the purpose of this article and why is it on the front page here?
[0] https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php https://www.eia.gov/energyexplained/oil-and-petroleum-produc...
[1] https://apnews.com/article/saudi-arabia-keeps-lid-on-oil-output-as-us-gas-prices-rise-e14e8c00d188a4110f73358402e1e595 https://apnews.com/article/saudi-arabia-keeps-lid-on-oil-out...
- audiometry 5y agoIt seems to be a lame argument saying somehow high energy prices no longer affect US consumers. Nonsense. And it grossly simplifies trade flows of refined products and crude flow in and out of the USA.
- spfzero 5y agoIt said higher energy prices DO affect US consumers. >Higher fuel prices disadvantage consumers and energy-intensive industries, yes.
- wolverine876 5y ago> It seems to be a lame argument saying somehow high energy prices no longer affect US consumers. From the article: Now, after the shale gas revolution of the last 15 years, the impact is more subtle. Higher fuel prices disadvantage consumers and energy-intensive industries, yes. But there is a counteracting surge in incomes for domestic energy producers and their workers.
- zaroth 5y agoHigher fuel and energy costs are some of the worst kind of regressive taxes, because it’s a tax you can’t even avoid. Energy is the fundamental underpinning of modern society. Today a large part of that energy comes from oil, but not really for much longer. So maybe better late than never?
- schmichael 5y ago> It is short and lacking detail This, if you're not familiar, is Axios's entire value prop: short and sweet. Not saying it's good or bad, just pointing out that I would consider this article standard if not verbose by Axios's own standards.
- jimmygrapes 5y agoI don't read it unless linked a story, but I do remember it popping into the scene with long form in depth journalism and interviews I hadn't seen elsewhere, with a style similar to The Intercept. I guess all good things come to an end.
- wolverine876 5y agoHmmm ... I'm pretty sure Axios's whole pitch from the beginning has been speed and succinctness.
- jimmygrapes 5y agoYou seem to be correct, at least according to Wikipedia. I may be confusing it with something else similarly named, or exaggerating how Axios on HBO got some exclusives? Not sure. As a side note, I wasn't aware of the following info (again from Wikipedia) but it kinda explains the OP article to me a little more: >In January 2017, Axios hired as an executive vice president Evan Ryan, the assistant secretary of state for educational and cultural affairs and a former staffer for Vice President Joe Biden.
- wolverine876 5y agoWhat does it explain about the OP? Are you saying it's biased in favor of the Biden administration? What part is biased? The article doesn't even depict the situation as necessarily positive. Do you have evidence that Ryan participated? What about other people at Axios? Connecting otherwise unrelated dots is the foundation of conspiracy theories, not fact, and (if Wikipedia is accurate) that was five years ago.
- pessimizer 5y ago> What is the purpose of this article and why is it on the front page here? Because 16 people upvoted it. The weird thing is that the submitter seems to have a ratio of 100:1 of submissions to comments. They might just have developed a habit of submitting every article they read that they find at all interesting.
- throw0101a 5y ago> They might just have developed a habit of submitting every article they read that they find at all interesting. HN as cloud bookmarking service. :)
- sp332 5y agoThe data in the article agrees with your sources. It says there was a surplus in 2020, and that use and production have been pretty balanced since then.
- landemva 5y agoSurplus in 2020 became deficit again in 2021. https://dailyenergyinsider.com/news/29194-united-states-exported-more-petroleum-than-it-imported-in-2020-according-to-eia/?amp https://dailyenergyinsider.com/news/29194-united-states-expo...
- chubot 5y agoThe chart links to the EIA article ... so that is the source, but I don't know how high quality it is.
- wegljhr 5y ago