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Re: Biden's top priority

Posted: Tue May 10, 2022 11:11 am
by RainbowsandUnicorns
Cheaper gas = less inflation. True or false?
I have to assume true but I'm not an economist.

Re: Biden's top priority

Posted: Tue May 10, 2022 11:13 am
by MICHHAWK
we have had inflation.

we have had high gas prices.

but i don't remember getting them both at the same time. this is the double whammy.

Re: Biden's top priority

Posted: Tue May 10, 2022 11:40 am
by jfish26
I believe you are describing the 1970s?

Re: Biden's top priority

Posted: Tue May 10, 2022 11:46 am
by ousdahl
either way, it's Biden's fault.

no really - the MFer was first sworn in as a senator in 1973!

Re: Biden's top priority

Posted: Wed Aug 03, 2022 4:02 pm
by KUTradition
(Reuters) -U.S. oil producer APA Corp reported a second-quarter profit that nearly tripled on Wednesday, bolstered by surging crude prices.

Houston, Texas based APA is the latest oil and gas producer to post sharply higher profits, benefiting from surging oil prices after demand rebounded to pre-pandemic levels and sanctions on major energy producer Russia dented global supply…

Re: Biden's top priority

Posted: Wed Aug 03, 2022 4:05 pm
by ousdahl
Qusdahl has fussed about how oil execs belong in prison. More and more, he/him might be right.

but here's the bigger problem:

No one matters. Nothing cares any more.

Re: Biden's top priority

Posted: Fri Oct 07, 2022 6:44 am
by KUTradition
https://www.nytimes.com/2022/10/06/podc ... serve.html

a nice breakdown of inflation, what the Fed can do, and why our current situation is taking so long to address/fix

Re: Biden's top priority

Posted: Fri Oct 07, 2022 7:12 am
by Deleted User 863
KUTradition wrote: Wed Aug 03, 2022 4:02 pm (Reuters) -U.S. oil producer APA Corp reported a second-quarter profit that nearly tripled on Wednesday, bolstered by surging crude prices.

Houston, Texas based APA is the latest oil and gas producer to post sharply higher profits, benefiting from surging oil prices after demand rebounded to pre-pandemic levels and sanctions on major energy producer Russia dented global supply…
Net profit or gross profit?

Re: Biden's top priority

Posted: Sun Oct 09, 2022 5:16 pm
by Overlander
BasketballJayhawk wrote: Fri Oct 07, 2022 7:12 am
KUTradition wrote: Wed Aug 03, 2022 4:02 pm (Reuters) -U.S. oil producer APA Corp reported a second-quarter profit that nearly tripled on Wednesday, bolstered by surging crude prices.

Houston, Texas based APA is the latest oil and gas producer to post sharply higher profits, benefiting from surging oil prices after demand rebounded to pre-pandemic levels and sanctions on major energy producer Russia dented global supply…
Net profit or gross profit?
JFC