Join  |  Login  |   Cart    

Notary Rotary
Notary WorkJust PoliticsLeisure
Political discussion involving past and present political events, candidates and elections. Please read Msg #1 before posting.


Re: heating cost
Posted by MikeC/TX of TX on 10/17/21 7:17pm Msg #79552
The US was never energy independent - we sell our LNG and oil to other countries, and still buy oil from the Middle East, mainly because it's easier to buy foreign oil than to get our own oil to where it can be processed.

http://www.api.org/news-policy-and-issues/blog/2018/06/14/why-the-us-must-import-and-export-oil

There are 3 factors affecting the retail price of gasoline and heating oil - the price of the unrefined product, the cost to refine it, and the taxes the government imposes. ANY administration can only control one of those three - the tax, and that hasn't changed in years. The price charged for the raw product is going up, and there's very little ANY administration could do to affect that.

As far as fracking is concerned - it's fine if it's not being done anywhere near you. We used to do a lot of fracking here in TX, but not as much as before. Fracking sites near me have shut down due to public opposition. The process uses ridiculous amounts of water and has the nasty side effect of causing the occasional earthquake.
PrevNextReturn to Just Politics


Messages in this Thread
 heating cost - Art_MD on 10/13/21 6:49am
 Re: heating cost - bagger on 10/13/21 7:08am
 Re: heating cost - Luckydog on 10/13/21 3:03pm
 Re: heating cost - MikeC/TX on 10/17/21 7:17pm
 Re: heating cost - Luckydog on 10/18/21 5:46pm
 Re: heating cost - bagger on 10/24/21 5:24pm
 Re: heating cost - Luckydog on 10/25/21 8:58am



 
Find a Notary   Notary Supplies   Terms   Privacy Statement   Help/FAQ   About   Contact Us   Archive  
 
Notary Rotary™ is a trademark of Notary Rotary. Copyright © 2002-2024, Notary Rotary, Inc.  All rights reserved.
500 New York Ave, Des Moines, IA 50313.