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Frank MacLeod
ABC7
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Comments by "Frank MacLeod" (@frankmacleod2565) on "Here's why gas prices are climbing at their fastest rate this year" video.
our roads here are far better than other states I drive in, what are you talking about
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Dude this is a HUGE win for the petroleum industry and all their employees. Republicans must be thrilled at this news.
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@CaliSteve169 if you're a republican, the high gas prices must be good news to you. Think about all those jobs being created, and all the wealth being generated. $10 a gallon would be even better for the industry
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@malvolio01 I had an interesting experience today. Elderly couple of tourists in my town, asked me for directions and I stopped and talked to them for a while. They were impressed, the dude pressed a $10 bill into my hand when we shook hands and parted ways. I got a tip for being friendly to strangers. You might work on your "people skills"
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@CaliSteve169 Yes I know, and the oil industry was not profiting nearly as much. The money they're raking in now beats any previous quarterly gains by the industry. You ought to be thanking the Dems for bringing in so much money, it's really a great success. If you disagree that's fine, that would mean you just don't support American workers as much
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@malvolio01 is that how you greet people where you live? Pennsylvania must be nice, have fun this winter
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@prophetseven728 the roads in los Angeles, I'd expect them to be lousy with the traffic of millions of vehicles. Come on up to the other end of the state, far less traffic up here
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Dude this is a HUGE win for the petroleum industry and all their employees. Republicans must be thrilled at this news.
2
Dude this is a HUGE win for the petroleum industry and all their employees. Republicans must be thrilled at this news.
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@CaliSteve169 Oh? Then the reports by the oil companies themselves, that they have all-time record high profits right now are false? You have a source for that information, or are you just speculating? The top petroleum producers themselves are posting "all time record high profits"
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@CaliSteve169 "Oil and gas majors have announced their earnings for the second quarter of 2023. Upon review of 15 oil and gas companies operating in the United States, it’s clear that the fossil fuel industry is still raking in massive profits despite lower oil prices and the sharp decline in gas demand. Earnings may have fallen compared with the first quarter (and compared to last year’s record-breaking profits), but coming out of what could be the hottest month in recorded history, the oil and gas industry’s enduring profitability should be cause for deep concerns." posted last month by NRDC
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@CaliSteve169 I understand that " the price of oil is barely half of its all time nominal high in 2008" however that does not change the fact that the oil producers are now profiting MORE than they were in 2008, or at any other time in their history. The profit margins are HIGHER now than at any other time in history. That is, according to the oil companies themselves. I am sorry you don't seem to understand this. I don't think there's anything further I can help you with, if you can't grasp that concept. Hope you have a nice day
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@CaliSteve169 Wait, are you suggesting that the oil companies didn't know to adjust their figures to take inflation into account? Hey, maybe you should email their accountants, I'm sure they'd love to hear from you. You could really teach those beancounters over at Shell Oil a thing or two, undoubtedly
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@CaliSteve169 Yes yes, inflation. I understand how it works. Your point is moot. It is irrelevant to my comment, but thanks for the lesson.
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@CaliSteve169 Just for fun, I'll answer your question, then you can lecture me on the principles of inflation. I'd guess the person making 50K in 1953 was much better off than the former. 50K could buy a very nice house back then. 100K now, not such a nice house in most places. Now, you go
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@CaliSteve169 Well again, the oil companies themselves are posting ALL TIME HIGH RECORD PROFITS the last couple years. Blink twice if you can understand what it is I am saying
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@CaliSteve169 So what about your point? I answered your question. 50K in 1950 is much more than 100K is now. So what? do go on
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@CaliSteve169 yeah true, relative to the value of the dollar. Sounds like it got pretty bad in the 1970s
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Yay capitalism!! This is a HUGE win for the petroleum industry and all their employees. Republicans must be thrilled at this news.
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@prophetseven728 You must be talking about the roads in whatever city you live in. The roads where I live are fine.
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@prophetseven728 oh it sounds like you're talking about the interstate freeways, not state roads. Those are Federally administered
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@prophetseven728 Not just paid for but administered, so if you're talking about interstate highways, those are not under California's jurisdiction
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@prophetseven728 Well again, the freeways in Los Angeles are in one of the biggest cities in the nation, so yeah they're probably not the greatest. Compare them to those in Atlanta or Houston or Manhattan. Most of the roads in the state are fine. I often drive 400 or 500 miles to work and back in a day, I see plenty of them. They're also constantly fixing them up, replacing bridges left and right up here. I get a lot of road-work contracts myself, probably working on 8 different road upgrade projects across northern california right now.
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Dude this is a HUGE win for the petroleum industry and all their employees. Republicans must be thrilled at this news.
1