Comments by "Darlene" (@darlene2709) on "Piston Pundit" channel.

"The U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. It turns out that it is simply cheaper and more profitable to import heavy oil to refine into finished products and to export the light sweet crude at higher prices. Tariffs will raise US fuel prices. Many refineries are configured to run heavy Canadian grades. Midwest refineries are most reliant on Canadian crude imports. If implemented, the tariffs would force those refiners, including Marathon Petroleum to either pay a higher price to import oil from these countries or to find alternative suppliers that would be further away and thus also more expensive." The Guardian
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True Canadians choose neither.
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@kevinmcgregor808 Facts and truth have no relationship with Donald Trump.
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Why America doesn’t win wars anymore. An expert explains why the US struggles with modern wars. A month into his presidency, Donald Trump lamented that the US no longer wins wars as it once did. “When I was young, in high school and college, everybody used to say we never lost a war,” Trump told a group of US governors last February. “Now, we never win a war.” Dominic Tierney, a professor at Swarthmore College and the author of multiple books about how America wages war, may know the reason why. He believes the US can still successfully fight the wars of yesteryear — World War-style conflicts — but hasn’t yet mastered how to win wars against insurgents, which are smaller fights against groups within countries. The problem is the US continues to involve itself in those kinds of fights. Since 1945, the United States has very rarely achieved meaningful victory. The United States has fought five major wars — Korea, Vietnam, the Gulf War, Iraq, Afghanistan — and only the Gulf War in 1991 can really be classified as a clear success. The US doesn’t think several moves ahead. The US military is good at taking out bad guys. But the removal of the bad guy creates a power vacuum, and that power vacuum is filled by somebody else. In Afghanistan, we created disorder and then the Taliban returned — the power vacuum there was also filled by ISIS. And in Iraq, the vacuum was filled by militant groups, most notably al-Qaeda in Iraq. In Libya, the vacuum was filled by a complicated range of militant groups. The mood in the US is: “We just killed ISIS, let’s go home and close the book on the ISIS war.” Well, there’s more to the story." Vox
1
The auto industry supply chain depends on parts and materials from around the globe – from relatively inexpensive nuts and bolts that are cheaper to buy from foreign producers, to expensive computer chips and other electronic components that aren’t made in sufficient quantities in US factories to meet demand.
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"The U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. It turns out that it is simply cheaper and more profitable to import heavy oil to refine into finished products and to export the light sweet crude at higher prices. Tariffs will raise US fuel prices. Many refineries are configured to run heavy Canadian grades. Midwest refineries are most reliant on Canadian crude imports. If implemented, the tariffs would force those refiners, including Marathon Petroleum to either pay a higher price to import oil from these countries or to find alternative suppliers that would be further away and thus also more expensive." The Guardian
1
“I will direct all members of my cabinet to marshal the vast powers at their disposal to defeat what was record inflation and rapidly bring down costs and prices,” Trump said during his inauguration speech in the U.S. Capitol rotunda “The inflation crisis was caused by massive overspending and escalating energy prices.” Egg prices have surged to an all time high in the new year. As Donald Trump and his billionaire cabal enter the White House, the increasing grocery prices highlights how disingenuous the hand-wringing was during the Biden administration. To be clear, the surge in egg costs is out of Trump’s tiny hands. The avian flu, which has been ravaging farms across the country since this summer, has created massive shortages, increasing the price of eggs to more than $7 per dozen in some places. Meanwhile, fast-food chains like Blake's Lottaburger in Albuquerque, New Mexico, are reportedly planning on adding a $1 surcharge to meals that include eggs starting on Thursday." Palm Beach Post
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@kevinmcgregor808 So does Russia. Both are unreliable trading partners.
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@vlmmosto9824 “I will direct all members of my cabinet to marshal the vast powers at their disposal to defeat what was record inflation and rapidly bring down costs and prices,” Trump said during his inauguration speech in the U.S. Capitol rotunda “The inflation crisis was caused by massive overspending and escalating energy prices.” Egg prices have surged to an all time high in the new year. As Donald Trump and his billionaire cabal enter the White House, the increasing grocery prices highlights how disingenuous the hand-wringing was during the Biden administration. To be clear, the surge in egg costs is out of Trump’s tiny hands. The avian flu, which has been ravaging farms across the country since this summer, has created massive shortages, increasing the price of eggs to more than $7 per dozen in some places. Meanwhile, fast-food chains like Blake's Lottaburger in Albuquerque, New Mexico, are reportedly planning on adding a $1 surcharge to meals that include eggs starting on Thursday." Palm Beach Post
1
"The U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. It turns out that it is simply cheaper and more profitable to import heavy oil to refine into finished products and to export the light sweet crude at higher prices. Tariffs will raise US fuel prices. Many refineries are configured to run heavy Canadian grades. Midwest refineries are most reliant on Canadian crude imports. If implemented, the tariffs would force those refiners, including Marathon Petroleum to either pay a higher price to import oil from these countries or to find alternative suppliers that would be further away and thus also more expensive." The Guardian
1
"The U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. It turns out that it is simply cheaper and more profitable to import heavy oil to refine into finished products and to export the light sweet crude at higher prices. Tariffs will raise US fuel prices. Many refineries are configured to run heavy Canadian grades. Midwest refineries are most reliant on Canadian crude imports. If implemented, the tariffs would force those refiners, including Marathon Petroleum to either pay a higher price to import oil from these countries or to find alternative suppliers that would be further away and thus also more expensive." The Guardian
1
@Jerome-x3j Canada will respond to US tariffs. Enjoy higher prices on gas and groceries.
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@Jerome-x3j Importing foreign crude oil is often cheaper for the United States. "US refineries were designed to process oil coming from Mexico and Venezuela. “And a lot of that tends to be relatively heavy and relatively high in sulfur,” he said. Then a little over a decade ago, shale fracking took off in the U.S., and so did the supply of light sweet oil. Even if U.S. refineries could flip a switch and start refining that oil, GasBuddy analyst Patrick De Haan said it’s coming out of the ground in the wrong places. “The need is infrastructure,” he said. “You may produce all this light sweet crude oil in Texas. But if you don’t have pipelines to the nation’s refineries to deliver it, how are you going to be able to utilize it?” So importing foreign crude oil is cheaper. Meanwhile, De Haan said, increasing renewable energy demand is making investments in fossil fuels riskier." Gas Buddy
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@Jerome-x3j The US doesn't readily retool its oil refineries today primarily because of the high cost involved, the time it would take to make significant changes, and the uncertainty about future oil demand, with many companies anticipating a decline in petroleum usage, making large investments in retooling less attractive; additionally, many existing refineries are already optimized to process heavier crude oil from imports like Canadian oil, which wouldn't be as efficiently refined with the lighter shale oil now produced domestically.
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@Jerome-x3j That doesn't change the fact that American oil refineries are set up to process crude oil.
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@Jerome-x3j Oil and gas companies, like most large American corporations, are not owned by a few wealthy individuals. Instead, they are owned by millions of ordinary Americans and foreigners, often through their retirement savings. Contrary to popular belief, only about one percent of the shares of the five major oil companies are held by officers and directors of these companies. The rest is held by institutional investors and individual Americans, mostly in retirement accounts.
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@joankroll8091 Why America doesn’t win wars anymore. An expert explains why the US struggles with modern wars. A month into his presidency, Donald Trump lamented that the US no longer wins wars as it once did. “When I was young, in high school and college, everybody used to say we never lost a war,” Trump told a group of US governors last February. “Now, we never win a war.” Dominic Tierney, a professor at Swarthmore College and the author of multiple books about how America wages war, may know the reason why. He believes the US can still successfully fight the wars of yesteryear — World War-style conflicts — but hasn’t yet mastered how to win wars against insurgents, which are smaller fights against groups within countries. The problem is the US continues to involve itself in those kinds of fights. Since 1945, the United States has very rarely achieved meaningful victory. The United States has fought five major wars — Korea, Vietnam, the Gulf War, Iraq, Afghanistan — and only the Gulf War in 1991 can really be classified as a clear success. The US doesn’t think several moves ahead. The US military is good at taking out bad guys. But the removal of the bad guy creates a power vacuum, and that power vacuum is filled by somebody else. In Afghanistan, we created disorder and then the Taliban returned — the power vacuum there was also filled by ISIS. And in Iraq, the vacuum was filled by militant groups, most notably al-Qaeda in Iraq. In Libya, the vacuum was filled by a complicated range of militant groups. The mood in the US is: “We just killed ISIS, let’s go home and close the book on the ISIS war.” Well, there’s more to the story." Vox
1
"The U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. It turns out that it is simply cheaper and more profitable to import heavy oil to refine into finished products and to export the light sweet crude at higher prices. Tariffs will raise US fuel prices. Many refineries are configured to run heavy Canadian grades. Midwest refineries are most reliant on Canadian crude imports. If implemented, the tariffs would force those refiners, including Marathon Petroleum to either pay a higher price to import oil from these countries or to find alternative suppliers that would be further away and thus also more expensive." The Guardian
1
"The U.S. does produce enough oil to meet its own needs, but it is the wrong type of oil. It turns out that it is simply cheaper and more profitable to import heavy oil to refine into finished products and to export the light sweet crude at higher prices. Tariffs will raise US fuel prices. Many refineries are configured to run heavy Canadian grades. Midwest refineries are most reliant on Canadian crude imports. If implemented, the tariffs would force those refiners, including Marathon Petroleum to either pay a higher price to import oil from these countries or to find alternative suppliers that would be further away and thus also more expensive." The Guardian
1