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-   -   OPEC Reduction (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/opec-reduction-335718/)

Aces4 10-07-2022 09:09 AM

Quote:

Originally Posted by Vermilion Villager (Post 2144101)

It may be an interesting read but where does it indicate most of USA oil is owned by foreign entities?

Aces4 10-07-2022 09:11 AM

Quote:

Originally Posted by tvbound (Post 2144120)
"many people are saying"


Whether it applies in this particular case or not, it never ceases to amaze me how effective overall that statement has been...when certain people use it on their blind followers. Truly astounding - actually.

Try following the news… people say. It’s truly astounding.:22yikes:

Aces4 10-07-2022 09:13 AM

Thank you for providing that for the doubters before I could get back!:eclipsee_gold_cup:

JMintzer 10-07-2022 09:43 AM

Quote:

Originally Posted by Stu from NYC (Post 2144095)
Guess we establish a Florida address and register it there

Most states will require you to register your car when you move to that state...

JMintzer 10-07-2022 09:44 AM

Quote:

Originally Posted by Vermilion Villager (Post 2144098)
1. It has an immediate impact of driving down prices for gasoline
2. The US doesn't give away the soil you know… They sell it on the open market at current prices. Then at a later date.....when the prices go down they will replenish the reserves at the lower value. The US government made 100's of millions of dollars off of this sale.:BigApplause:

No, they blocked the replenishment just a few years ago, when prices were quite low... Wonder why...

Number 10 GI 10-07-2022 03:57 PM

Quote:

Originally Posted by Caymus (Post 2143833)
Coal output hit a record output last year. Somebody is using it.

It is being shipped overseas, and China is one of the biggest customers.

Stu from NYC 10-07-2022 04:17 PM

Quote:

Originally Posted by JMintzer (Post 2144269)
No, they blocked the replenishment just a few years ago, when prices were quite low... Wonder why...

Maybe the left hand has no clue what the right hand is doing and missed the class in basic economics


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