One of the biggest subsidies to oil is our blue water navy. By some accounts fully three to four carrier groups primary purpose is to keep the shipping lanes for oil open. That subsidy, by itself, has been suggested to be $40 per barrel. The price in blood is higher, yet. Many wars would have been silly without the need to keep oil "under control".
"Taking the government out" will gore some oxen some folks don't want gored.
Who is/will be the 1st TTR member to drive Electric Semi-Truck?
Discussion in 'Ask An Owner Operator' started by merv85, Oct 25, 2022.
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Another Canadian driver, dwells40, ZVar and 2 others Thank this.
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Companies probably have little interest because the owners know that drivers think like drivers and not business owners. Drivers don’t care what benefits the company for the most part. They want to mash the pedal and go. My friend with the tanker company drove my truck when it was new and liked the 579 cab and really liked the auto trans but said he can’t order either of those because the ones driving them would complain about driving them when others aren’t. He ordered a couple trucks with stripes and now most of them are coming with stripes because guys complain if they have to drive a “plain” truck. Stuff just gets different when you have to keep drivers happy.tarheelsfan105, Opendeckin, Another Canadian driver and 4 others Thank this.
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My friend ordered one with a 310 wb on low air leaf. He went with dual straights and a drop visor. He is still waiting on the turbo wing.
Last edited: Apr 7, 2023
Vampire, Magoo1968, Opendeckin and 3 others Thank this. -
We don’t eliminate oil, then replace it with something else. We eliminate oil when we don’t need it because everyone has switched to something else.
Obviously the reason oil prices have risen is because OPEC slowed production last year after pressure from Trump, who said low gas prices were bad for America—during the worst financial crisis since the Great Depression. So we don’t have enough supply to meet the demand. Biden is also on track to issue more domestic drilling permits this year than issued any year under the last guy, but we can’t just drill our way out of a shortage because it takes too long for drilling to yield production.
What Biden wants to do is reduce the demand for oil, which would actually lower fuel prices. What Trump did was to reduce the supply of oil, which raised prices.merv85 Thanks this. -
You have to be trolling right?Vampire, Magoo1968, Brettj3876 and 1 other person Thank this.
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I don’t know how true it is, but I think what he might be getting at is something like what I heard a few years ago about how sub-$2 per gallon fuel negates the profit margin of seeking the production on our own shores.
Seems to me though demand could eventually offset that the way more taxpayers as opposed to higher tax rates brings in more to the treasury.Old_n_gray Thanks this. -
Over production does bring it down to much to a point. But when the US is selling its oil and OPEC is not then we control the world production. OPEC wants to keep oil prices high so they take all the money when we are not involved. They control the market now not us.Brettj3876 and ducnut Thank this.
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Also oil companies appear to make more money in times like these. Because they do not spend on opening up new wells and do not drill as much. So less going out and more coming in makes for a great headline. { Oil Companies Bring in Record Profits} as this administration has pointed out many times. Then claims they need to give back to the people. what they don’t say is that money is for opening new wells and bringing new lines on board. The oil field never stops running and planning is always going on.Brettj3876 Thanks this.
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