Thread: American Politics
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04-06-22 01:24 #7837
Posts: 689Originally Posted by CaliGuy [View Original Post]
Canadian production is not going to significantly increase. A price of $75 a barrel does not warrant an investment in new Canadian oil production because their breakeven cash cost is $50 and that doesn't even pay for interest and depreciation. The Canadian Government understands that their oil industry has no future which is why they pumping money into battery factories and lithium and rare earth mining and processing.
The reality is clearly that US oil producers don't want to increase production. They are all focussing on profits and dividends. As Devon energy blurted out the have a big bank of leases to drill but they are happy with the status quo. Even though there is more than 1 mbpd of spare pipeline capacity noone is rushing to install more because everyone in the industry knows that the long term prospects for oil is for reduced demand so better to maximise profit now and don't spend money on assets that will end up with low utililisation. Basically all the smart money is doing the exact opposite to what you are advocating and all you can do is cry about Biden.
Its laughable when all you wingers talk about how good Trump was when he spent a year doing nothing about the pandemic that destroyed the economy, giving us gems like Hydroxychloroquine, injecting bleach, don't worry it will be gone soon then giving trillions of dollars to businesses to sustain themselves but who promptly fired their employees and went out buying Ferraris and yachts. Yep I'm sure that guy would be fixing the problem when he showed he was the most incompetent President ever causing crises rather than fixing them.
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04-06-22 01:03 #7836
Posts: 2344Originally Posted by Canada [View Original Post]
Because that industry's demand has already enjoyed its peak, which came three years ago.
World-wide oil transport and sales were at a daily record of 26.6 billion barrels in year 2019.
That pace went down to 23 point something billion daily in year 2020 as the pandemic closed up some activity and commuting.
Now that we are getting back to pre-pandemic levels, worldwide consumption levels are now at 25.2 to 25.3 billion daily barrels (who needs more pipelines? HaHaHa).
In the United States in 2021 I think around 8% of new car sales were electric vehicles. With many many many more big company sellers in 2022 could we reach 20% this year?
Elon Musk grew Tesla's total units by what 87% in 2021? I think he said he's on pace last quarter at only a 57% higher clip this year (from last year).
I sure hope your brokerage clients have some limit orders in to sell their oil and gas stocks when the predictable tumbles happen.
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04-06-22 00:08 #7835
Posts: 1604President Biden loves people who can't think for themselves?
Originally Posted by CaliGuy [View Original Post]
Who believes in Q-Anon? Republicans.
Who believes that Jewish space lasers cause forest fires? Republicans.
Who believes that Chinese thermostats changed voting machine votes? Republicans.
Who believes that the Space Force is going to hand out 500,000 indictments? Republicans.
Who believes that COVID vaccines contain microchips? Republicans.
Who believes that windmills cause cancer? Republicans.
Who believes that the only "real news" comes from the "alternative facts" universe. Republicans.
There are thousands more of these examples. Republicans are just too dumb to notice because they are too busy defending Corporal Bone Spurs.
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04-05-22 22:43 #7834
Posts: 1604The "Red State" Murder problem
This is an interesting read from The Third Wave. The text is below but not the charts. For those, you'll need to go to https://www.thirdway.org/report/the-...murder-problem.
The gist of the whole article is that the rightwingnut contention that "blue" states have higher crime rates than "red" states and / or that "blue" cities have higher crime rates than "red" cities isn't worth the breath that it takes to say the lie. Of course, we all know where the lie came from. And that's the rightwingnuts.
"Every news outlet from FOX to CNN to The New York Times to local newspapers has a story with attention-grabbing headlines like "US cities hit all-time murder records. " Fox News and Republicans have jumped on this and framed it as a "Democrat" problem. They blame it on Democrat's "soft-on-crime" approach and have even referred to a New York District Attorney's approach as "hug-a-thug. " Many news stories outside of Fox have also purported that police reform is responsible for this rise in murder and have pointed to cities like New York and LOS Angeles.
There is a measure of truth to these stories. The US saw an alarming 30% increase in murder in 2020. While 2021 data is not yet complete, murder was on the rise again this past year. Some "blue" cities, like Chicago, Baltimore, and Philadelphia, have seen real and persistent increases in homicides. These cities—along with others like LOS Angeles, New York, and Minneapolis—are also in places with wall-to-wall media coverage and national media interest.
But there is a large piece of the homicide story that is missing and calls into question the veracity of the right-wing obsession over homicides in Democratic cities: murder rates are far higher in Trump-voting red states than Biden-voting blue states. And sometimes, murder rates are highest in cities with Republican mayors.
For example, Jacksonville, a city with a Republican mayor, had 128 more murders in 2020 than San Francisco, a city with a Democrat mayor, despite their comparable populations. In fact, the homicide rate in Speaker Nancy Pelosi's San Francisco was half that of House Republican Leader Kevin McCarthy's Bakersfield, a city with a Republican mayor that overwhelmingly voted for Trump. Yet there is barely a whisper, let alone an outcry, over the stunning levels of murders in these and other places.
We collected 2019 and 2020 murder data from all 50 states. (Comprehensive 2021 data is not yet available.) We pulled the data from yearly crime reports released by state governments, specifically the Departments of Justice and Safety. For states that didn't issue state crime reports, we pulled data from reputable local news sources. To allow for comparison, we calculated the state's per capita murder rate, the number of murders per 100,000 residents, and categorized states by their presidential vote in the 2020 election, resulting in an even 25-25 split.
We found that murder rates are, on average, 40% higher in the 25 states Donald Trump won in the last presidential election compared to those that voted for Joe Biden. In addition, murder rates in many of these red states dwarf those in blue states like New York, California, and Massachusetts. And finally, many of the states with the worst murder rates—like Mississippi, Kentucky, Alabama, South Carolina, and Arkansas—are ones that few would describe as urban. Only 2 of America's top 100 cities in population are located in these high murder rate states. And not a single one of the top 10 murder states registers in the top 15 for population density.
Whether one does or does not blame Republican leaders for high murder rates, it seems that Republican officeholders do a better job of blaming Democrats for lethal crime than actually reducing lethal crime.
If you're tuned in to the media, you'd think murder is rocketing skyward in New York, California, Illinois. But those states don't even crack the top ten.
In fact, the top per capita murder rate states in 2020 were mostly those far from massive urban centers and Democratic mayors and governors. Eight of the top ten worst murder rate states voted for Trump in 2020. None of those eight has supported a Democrat for president since 1996.
The chart below shows the top 10 murder rate states in 2020. Mississippi had the highest homicide rate at 20.50 murders per 100,000 residents, followed by Louisiana at 15.79, Kentucky at 14.32, Alabama at 14.2, and Missouri at 14. The national average was 6. 5 per 100,000 residents, but the top five states had rates more than twice that high.
These red states are not generating "murder is out of control" national headlines. They seem to generate no headlines at all. The rest of the top ten were filled out by South Carolina, New Mexico, Georgia, Arkansas, and Tennessee—all states rarely talked about in breathless media reports about rampant crime in Democratic strongholds. Notably, New Mexico and Georgia were the only Biden-voting states in the top ten, and they ranked seventh and eighth, respectively.
Five of the largest Biden-voting states by population, and those often in the news when it comes to crime, had much lower murder rates. New York at 4. 11 per 100,000 residents, California at 5. 59, and New Jersey at 3. 70 were each well below the national average. Pennsylvania (7. 22) and Illinois (9. 20) were higher than the national average. But Mississippi's murder rate was nearly 400% higher than New York's, more than 250% higher than California's, and about 120% higher than Illinois's. In fact, the five states with the highest murder rates, all Trump-voting states, had rates at least 240% higher than New York's murder rate and at least 150% higher than California's, the homes to some of the largest cities featured prominently in the "crime is out of control" narrative.
Beyond the top 10, we looked at the 2020 murder rates in the 25 states that voted for Donald Trump and compared it with the murder rates in the 25 states that voted for Joe Biden. The 8. 20 murders per 100,000 residents rate in Trump states was 40% higher than the 5. 78 murders per 100,000 residents in Biden states. These Biden-voting states include the "crime-is-out-of-control" cities of LOS Angeles, New York City, Chicago, Detroit, Philadelphia, Portland, Baltimore, and Minneapolis, among other large cities.
Among the 50 states, murder rates were often well above the national average in many Republican-controlled states and cities. Jacksonville with 176 homicides and a murder rate (19.776) more than three times that of New York City (5.94) has a Republican mayor. Tulsa (19.64) and Oklahoma City (11.16) have Republican mayors in a Republican state and have murder rates that dwarf that of Los Angeles (6.74). Lexington’s Republican mayor saw record homicides in 2020 and 2021, with a murder rate (10.61) nearly twice that of New York City. Bakersfield (11.91) and Fresno (14.09) each have Republican mayors and murder rates far higher than either San Francisco or Los Angeles..
Of course, some cities controlled by Democrats have alarming murder rates, like Chicago (28.49) and Houston (17.32). But we hear about these and other Democrat-run cities all the time. We aren't getting the whole picture.
Between 2019 and 2020, Murder Rates increased slightly faster in Trump-voting states than Biden-voting states. In 2020, murder rates increased nearly everywhere. But they increased more in Trump-voting states than Biden-voting states, albeit slightly. The average increase in murder rate across all Trump-voting states was 32.2%1 compared to 30.8% in Biden-voting states.
Three out of the five states with the highest murder rates in 2020—Mississippi, Missouri, and Alabama—didn't have reliable 2019 data available, so they weren't included in this analysis.
Three of the five states with the largest increase in murder rate were Trump-voting Wyoming at 91.7%, South Dakota at 69%, and Nebraska at 59.1%. These states are decidedly rural and do not conform to the chaos-in-the-city meme that has overtaken the crime debate. Biden-voting Wisconsin came in at the number three spot at 63.2% and Minnesota came in fifth at 58.1%. Out of the top ten states, six were Trump-voting states—with the additional three being Kentucky, West Virginia, and Kansas. The remaining states in the top ten were Delaware and Washington. Only one of the top ten states in murder rate increases, Delaware, was among the top twenty in population density.
Conclusion.
The current narrative around crime and murder is convenient and wrong. Whether you're watching CNN or Fox News, or getting news online or from a traditional newspaper, you would think that the increase in murder is a phenomenon found mostly in liberal cities. Many have tried attributing this increase to Democratic policies, specifically police reform. Republican lawmakers and ad makers have contributed to this narrative through clever messaging and strategies.
But the data clearly paint a different story. The increase in murders is not a liberal cities problem but a national problem. Murder rates are actually higher in Republican, Trump-voting states that haven't even flirted with ideas like defund the police. Eight of the ten most lawless, high-murder states are not only Trump-voting states, but GOP bastions for the last quarter of a century. A more accurate conclusion from the data is that Republicans do a far better job blaming others for high murder rates than actually reducing high murder rates..
Methodology.
We sought 2019 and 2020 murder data from all 50 states. Our primary source was the annual crime reports released by state governments, more specifically from their Departments of Justice or Public Safety. We chose state data because we found it's more comprehensive than FBI data which is often compiled later. For example, "the FBI estimated crime statistics for Mississippi are based on data received from 113 of 251 law enforcement agencies in the state that year. " 37 states had crime reports for the years 2019 and 2020: Alaska, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Iowa, Idaho, Illinois, Kansas, Kentucky, Massachusetts, Maine, Michigan, Minnesota, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, Nevada, New York, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming. For the remaining states we pulled data from published public sources: Alabama- US News, Georgia- US News, Hawaii- The Center Square, Indiana- Hartford City News Times, Louisiana- US News, Maryland- Ocean City Today, Mississippi- US News, Missouri- US News, New Mexico- US News, Ohio- Axios, Oregon- KOIN, Vermont- WCAX, West Virginia- The Center Square. In seven states, the public sources only provided murder per capita rates, so using the rates and census population data, we estimated the number of murders in that state. Data and sources are attached above.
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04-05-22 22:32 #7833
Posts: 1604And you continue
Originally Posted by Canada [View Original Post]
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04-05-22 20:51 #7832
Posts: 428Totally correct
Originally Posted by Canada [View Original Post]
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04-05-22 20:48 #7831
Posts: 428Real problem is obvious
Originally Posted by PVMonger [View Original Post]
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04-05-22 20:43 #7830
Posts: 428You are wrong again
Originally Posted by PVMonger [View Original Post]
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04-05-22 20:41 #7829
Posts: 428Simpleton logic
Originally Posted by EihTooms [View Original Post]
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04-05-22 19:24 #7828
Posts: 2579The truth will set you free
Originally Posted by Xpartan [View Original Post]
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04-05-22 18:36 #7827
Posts: 1068Prices at $75
Originally Posted by PVMonger [View Original Post]
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04-05-22 18:14 #7826
Posts: 5436Nopadope
Originally Posted by Canada [View Original Post]
Not for Hoover to FDR, Eisenhower to JFK / LBJ, Nixon / Ford to Carter, Bush2 to Obama or Trump to Biden.
Nobody.
This isn't about inventing new lines of work. People who lose jobs in any industry or even one building and are not told, "No problem. We're just taking a little break. Keep collecting your pay until further notice", lost their jobs. Period.
The economy that gets that business up, running and thriving enough to hire again has created a job even if they rehire the same people. Period.
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04-05-22 17:42 #7825
Posts: 1604The only one in fantasy land
Originally Posted by Canada [View Original Post]
The only ones living in fantasyland are rightwingnuts who think that the Orange Buffoon was smart. To them, anybody with an IQ that could decorate a domino is smart.
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04-05-22 16:26 #7824
Posts: 1068Fantasyland Land
Originally Posted by ScatManDoo [View Original Post]
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04-05-22 15:43 #7823
Posts: 650Originally Posted by EihTooms [View Original Post]