@SeasonedRP Respect for bringing some useful figures to the discussion instead of emotional ego defense. These work fine for the discussion at hand and more importantly for those always stalling and complaining instead of proving, keep the discussion MOVING productively.

I was getting hyperbolic saying never, but you've proven here that there exists a differential in rising versus falling retail price, and that it favors the oil companies over the consumers. Which leads to the next relevant point here. The argument against and talk of legislation capping oil company profits is NOT that scarcity and inflation has made the dollar amount of oil company profits increase. The argument and conflict comes from the fact that in addition to that, the percentage of overall revenues has reached historic highs during this peak. IOW, nobody is complaining they're getting more because the pie got bigger. The complaint is they're taking a bigger slice than ever for themselves while consumers struggle to meet record high retail prices for fuel.

Whether Keystone products are for domestic consumption is mostly irrelevant.

It was also irrelevant in the Zerohedge article that kicked off this discussion. I called it out as part of a yes-ladder for conservatives because the article is not intended to inform but lead them to feel a certain kind of way, and it worked a treat with its targets.

And green energy is more of an environmental clusterfuck than anything in fossil fuels now. It's about money, not about saving the planet.

Another area where misinformation in a similar vein muddied the waters and convinced people things were absurd and impossible, which they continue to believe and assert even after these things have become routine and even affordable.

@SeasonedRP

If there were an announcement tomorrow that Keystone were going forward, there would be an instant, significant impact on prices.

Bwahahahahaa... The topic (that deliberately got fogged by its originators when a single question got posed) is RETAIL PUMP PRICES. And, those are high right now because of a major supplier going offline, constraining actual supplies.

An announcement about the pipeline getting approved to get built and start producing probably would cause a short term dip in the crude spot price and the PAPER futures market. It would NOT move the needle on retail pump prices, which quickly go up when the spot price does but NEVER go down rapidly when the spot and futures markets do. A bump in the paper crude spot and futures market gives no objective reason to believe it could last long under current supply/demand conditions. I think it will come and go more quickly than the normal slow timeline of pump prices lagging falling crude prices, hence not moving the needle.

That doesn't even address that the products sent through the Keystone are not even for the US domestic market and would thus only have a diluted at best effect on US pump prices over time. Or the risk profile of dilbit flow and spills that is much higher than with crude oil. Or that the extraction method is such a long term environmental clusterfuck. Or that the cost to extract per saleable BTU is absurdly high and only feasible by the sheer volume of the deposits making it profitable to burn $30+ worth of gas to sell $6 worth of gasoline at the pump.

@SeasonedRP Let's start from the beginning. There was a systematic attack immediately from the Brandon administration to stop oil from being pumped and sold, at the then present and future. Arguably the Brandon administration goaded Russia into attacking Ukraine by promoting all manners of bellicose Ukrainian moves that wouldn't be possible if the US wasn't supporting them. Then Russia attacked.

I see @MentORPHEUS trying to reverse engineer specific Left talking points about how one single act of the many acts wouldn't contribute to gas price increases today. These people are pissed saying "Stop full-spectrum fucking with us", and aren't having the Brandon gaslighting.

Somehow though if you hard fuck with someone today, and signal that you'll continue fucking with them tomorrow and later then the thing that they're producing isn't supposed to change cost at all. Add in the order of magnitude greater inflation than what they want to admit to.

It's really bad for many reasons, but they literally just say "Putin".