Treasury Secretary Yellen says inflation will last a YEAR because of Putin

[The Mark]

For the same reason the avocado industry hasn't exploded in South Dakota - it costs too much to make the investment worthwhile.

If current gas prices aren't enough to make it worthwhile, then those leases are worthless and shouldn't exist.

 

[Taylor]

If current gas prices aren't enough to make it worthwhile, then those leases are worthless and shouldn't exist.

Market factors, technology, regulations, always changing.

 

[Metric Mouse]

If current gas prices aren't enough to make it worthwhile, then those leases are worthless and shouldn't exist.

Oil price have dropped 30% in less than a week...

No wonder no one raced to ramp up production.

 

[Metric Mouse]

Inflation is transitory, you guys!!!

 

[yankintx]

Any excuse is a good one if you can convince enough people to believe it

Worked for Trump post election, why not.

 

[Jezcoe]

Reagan reversed the horrible inflation he inherited from the Carter administration by reducing the growth of government spending, reducing federal income tax and capital gains tax, and reducing government regulations.

Man. To believe this nonsense.

No wonder Republicans win.

 

[Chillfolks]

Worked for Trump post election, why not.

Good you are at least willing to admit that Biden is a huge a piece of shit and no better than Trump is.

 

[lwf]

For the same reason the avocado industry hasn't exploded in South Dakota - it costs too much to make the investment worthwhile.

Then why are they applying for drilling permits? Is the avocado industry still planting more avocados in South Dakota?

 

[Taylor]

Then why are they applying for drilling permits? Is the avocado industry still planting more avocados in South Dakota?

Market factors, technology, regulations, always changing.

 

[lwf]

Market factors, technology, regulations, always changing.

I'm sure they have their "reasons." But the bottom line is: Biden isn't doing anything to prevent these US oil companies from producing oil. They are choosing to purchase permits from the government to start drilling. They aren't drilling. They are simply stockpiling these permits.

 

[Taylor]

I'm sure they have their "reasons." But the bottom line is: Biden isn't doing anything to prevent these US oil companies from producing oil. They are choosing to purchase permits from the government to start drilling. They aren't drilling. They are simply stockpiling these permits.

Prevent? No. Discourage? Yes.

 

[lwf]

Prevent? No. Discourage? Yes.

He isn't doing anything to discourage it either. He is approving drilling permits.