Red Horse

5 hours ago, Brocky said:

BUT it is nice to have two hands full to hold up to your mouth!!!!!!!

My guess?  for a lot of guys on this site, it would be the embarrassment of losing their dentures😎

21 hours ago, other dog said:

here's John Deere mower-

Tatoos are the same as solar farms IMO- they ruin the scenery😎

40 minutes ago, 67RModel said:

I read it several times and think I addressed most of it in my previous post: The USA is the largest oil & gas producer in the world. As of mid 2019 we export more barrels of hydrocarbon energy (total net trade) than we import aside from a slight reversal during the pandemic. We are back to exporting more than we are importing. The trend toward being a net exporter started in 2005 with the proliferation of the slikwater fracking technique and has rapidly picked up pace to the present. The current and previous 3 presidents had no hand in this as the energy in this country is privately owned and managed. Energy on federal lands is leased to private companies for extraction and sale, which I also previously addressed.

At the start of 2020 energy prices were abnormally cheap due to the Saudi - Russian price war nobody talks about that flooded the market with dirt cheap crude. Trump had no control over this. The pandemic slowed demand drastically forcing prices even lower. Prices were on the rise starting in August of 2020 (well before the election or a Biden win was eminent) as the World's economies started to reopen and demand has picked up ever since. Now you are seeing prices drastically higher than the current demand would normally dictate all else being equal. The global supply has been drastically reduced due to world leaders and private brokers cancelling Russian energy. Again all outside of the President's control.

It's all supply and demand based. Traders and brokers make decisions based on facts and data - not far fetched rhetoric they know is completely false. To put it your way I think you are dreaming if you think Joe Biden's energy hostile rhetoric has anything to do with energy prices.  

 

Thanks for your opinion and I agree with much of it.  But I will stick to my opinion that a negative view of fossil fuels on the part of the president of the US with a stated  opposition to  fracking, pipeline expansion, in essence anything that was positive toward the continued reliance on oil,  had a depressing effect.

On 4/30/2022 at 10:29 AM, 67RModel said:

I know that has nothing to do with rising fuel prices. The price of fuel is just about entirely supply and demand driven where your suppliers and consumers are the entire world. Joe Biden (or any president) can't force domestic producers to pump less or more, he cant force foreign producers to pump less or more, or dictate what they sell it for. He can't force refiners to adjust wages and production costs to further manipulate prices. He also can't drastically change the demand here or globally. Crude, natural gas, and NGLs extracted here don't necessarily get sold or used domestically. Heck, gasoline and diesel fuel refined here may not actually get sold here. Even Joe's direct, "energy friendly" actions such as opening the strategic petroleum reserve and resuming drilling leases on Federal Lands over the past month will not do much of anything to the price of fuel. As I said before under the current globalized commodity system a US president has almost zero control of the price of fuel. Joe Biden did ban Russian crude imports (about 9% of total US crude imports), which will directly affect the price we see at the pump. Though I think you would have to search far and wide to find someone who thinks that was an incorrect decision.

We were exporting fuel before Trump, during Trump, and are currently exporting fuel. To be clear the United States is the largest oil and gas producer in the world. There is a distinction though between crude oil and other hydrocarbons such as natural gas, NGLs, and refined products, which are collectively known as petroleum products. The US has never in its history been a net exporter of crude oil. It has been steadily trending toward being a net exporter of crude since about 2005, however, the trend slightly reversed in 2020 and 2021 due to pandemic related demand swings, and is now back to trending toward being a net exporter. The US may or may not ever become a net exporter of crude. The US currently is at about a 3.5 million barrel per day deficit of being a net exporter of crude. The US has been a major net exporter of petroleum products since 2009. Midway through 2019 the US became an all in "net exporter" of energy when taking into account both crude and petroleum products combined (in million barrels per day total net trade). The pandemic related supply/demand swings tipped us back to net importer in 2021 and we are now currently back to being a slight net exporter of hydrocarbon energy.

The Federal Lands thing is a talking point "news" personalities on both sides like to bring up to stir emotion for their base but never really give any context to their statements. If you look at the numbers its a pretty small amount of production. 8% of total US crude production, 9% of US natural gas, and 5% of US NGLs come from wells on Federal and Tribal lands. Moreover, 30 million acres are under lease to oil and gas developers, and of that only 13 million acres are currently producing. Theoretically 17 million acres could be developed before the issue of a Federal Land lease ban would actually mean anything. I live in the epicenter of the Marcellus region. I am starting to see a lot more pneumatic trailers and sand boxes running around again, which means fracking is picking back up. I know this is anecdotal but makes sense since the price of oil has been rising. Joe Biden may have ran on anti fracking rhetoric, but the bottom line is US producers are free to drill for and extract as much as they like and/or see fit. Economics and global supply/demand factors drive their actions. The US president has almost zero control over the global oil supply and how much US producers are pumping and/or developing new wells.

All I can say is you need to look and research elsewhere if you want to know why the price of fuel is what it is. The US President has almost nothing to do with it....

Read my post again....

On 4/27/2022 at 9:08 AM, 67RModel said:

Fuel is definitely NOT driving inflation. The high rate of inflation is due mostly to somewhere between 30% and 35% of the U.S. Dollars in existence being created out of thin air since April 2020. The CARES Act (a Trump administration policy) and other Covid 19 related spending & stimulus are now caching up with us. 1/3 of the US Dollars in existence being printed in just 2 years time will be a massive problem for years to come. High fuel prices are the least of our worries. Joe Biden or any president for that matter has almost zero to do with the price of fuel. Joe (and his handlers) is still a terrible president though.....

Just curious.  We were exporting fuel under trump.  There was a positive attitude during Trumps term toward energy.  Biden runs on a platform and makes no bones about eliminating fossil fuels -largely to placate the progressives and the green platform. To say nothing of his position on drilling on federal lands, fracking etc.

You really think that had nothing to do with rising fuel prices?  The cooling economy based on the pandemic alone if anything would have stabilized oil prices just based on less demand.  But I would think as fickle as the oil market is, with tightened money based on a lack of confidence on where oil was going because of the hostile political climate  i'm sure that had a lot to do with tightened demand.

Just a guess.

7 hours ago, Freightrain said:

I still have all my toys.  Legos, tonka trucks, erector set, lincoln logs, tinker toys.

The last Legos I bought were the "expert builder" stuff in late 70s.  I got the crane and farm tractor.  They were big money in the day.  Lots of moving parts and stuff.

I found the write up about that R model.  It was custom built and not a kit.  This Technic kits are NOT cheap.  Wowzers, $400-600!  Cool none the less

Hah- that explains your talents today...No TV, No phone etc etc.

I too have my erector sets..I gave them to one of my sons in hopes he would have his son hooked on them-as he and his brother were but no luck.

Erector set..a product of the A.C Gilbert Co. of New Haven Conn, who also made American Flyer trains as well as other educational "toys" like chemistry sets.  My father was a contractor and he did a fair amount of work in and around their main plant. One day he came home with a product that they were testing but never produced- a building set that featured real hard clay minature bricks- they were cast with two "dimples" on top with corresponding reverse "hollows" on the bottom so the bricks would interlock-

Both sons got to enjoy those and the grandkids enjoy them when they come over.  

I did find something that resembled an erector set this Christmas that I bought for two grandsons but nothing like the original...junk!