Comments by "gvi341984" (@gvi341984) on "Texas Will Not Reverse Billions In Electricity Overcharges During Winter Storms Before Friday Deadli" video.

  1. But the costs were due to Bidens lease bans
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  2.  gary the great  But those lease bans did create a spike in NG futures Do Americans not understand how energy works
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  3.  bigmassive69  What do you mean? Those lease bans increased prices after he signed that piece of legislation. Jones had ownership prior to this
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  4.  bigmassive69  on Jan 27 Biden signed an executive bill banning leases on fossil fuels. When that happened prices for NG rose globally due to panic buying. Jones has a stake in NG and his shares rose with that. Do Americans not understand how Bill's can make a difference
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  5.  bigmassive69  But it did? Those companies buy spot pricing for NG. When the panic buying started to happened guess who ended up paying for it? The consumer That piece of legislation is what caused spiked pricing that poor people ended up paying
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  6.  bigmassive69  Jones is nothing since NG futures are a global commodity. Spot pricing can change due to panic buying which did happen Are you denying that this lease ban didnt cause a spike in futures? Why put a ban in the first place American Democrats where do you think energy comes from.
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  7.  bigmassive69  Slanted opinion? -Bill was passed -panic buying ensued
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  8.  bigmassive69  That pricing came from panic buyers on wholesale
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  9.  gary the great  Tell us about the leases and how it does not cause panic buying
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  10.  @jdm1039  Winter storms accelerated the spike. Yes, you are thinking in a very literal form of the bill the spikes didn't come from the halt of production but speculation of possible problems with the administration. You see this NG problem sent a shock wave throughout the market since the EU was also having its own winter problems as well. That piece of legislation didn't just hurt the Americans but other nations as well because of the US dollar
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  11.  @jdm1039  You are looking at this at a very literal approach on the situation. If Biden didnt sign the lease ban; prices would have been normalized. Pointless piece of legislation caused the spiking that hurt the consumer It's not really funny math considering that Germany is in a similar situation with 'green' energy . Phasing out fossil fuel for 'alternatives' but then expanding the nord 2 pipeline with Russia. I dont think you understand that a pointless piece of legislation caused a spike in prices. Pointless legislation =price spikes Price spike=higher prices
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  12.  @jdm1039  - using a terrible example - not understanding the global ramifications - Americans do not understand how they can cause huge ripples with pieces of legislation - Americans not understanding how global natural gas economy works Biden administration is tougher on the fossil fuel industry and caused higher prices. These higher prices are brought to the working class consumer. The working class ends up paying the mistakes made by the government. Americans especially American Democrats live in this isolated bubble of truth
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  13.  @jdm1039  But you are using terrible example and blaming the wrong ideas. Higher than normal prices were due to low income households using Griddy. Where do you think power comes from?
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