The Most Fresh & Cordial Political Thread Ever

Because Trump and MAGA have corrupted the party. That said given historical patterns the Dems wouldn't be calling on Menendez to resign if the modern GOP didn't find itself in the situation with Santos and Trump that they are in. (Dems don't want to undermine their actions against the more important GOP criminal elements by supporting their own criminals which given historical patterns they would have done - ie Ed Kennedy).

LOL," historical patterns". We're dealing with now, not a half a century ago. . It's Ted Kennedy.

Energy policy can and does effect the price of gas. Biden's anti domestic petroleum policies were one of the key factors in driving up the cost of gas and inflation as a whole over the past three years.

OPEC is going into a death spiral – because of China
https://news.yahoo.com/opec-going-death-spiral-because-160000924.html


Watch what Saudi Arabia does, not what it says.

Saudi and OPEC officials self-evidently do not believe their own claim that world oil demand will keep growing briskly for another generation as if electric vehicles had never been invented, and there was no such thing as the Paris Accord.

OPEC had to slash output last October in order to shore up prices. It had to cut again in April. The Saudis then stunned traders with a unilateral cut of one million barrels a day (b/d) in June.

All told, the OPEC-Russia cartel has had to take 2m b/d of production off the table at a high point in the economic cycle, after China’s post-Covid reopening and at a time when the US economy has been running hot with a fiscal expansion roughly equal to Roosevelt’s world war budget.

That 2m b/d figure happens to be more or less the amount of crude currently being displaced by EV sales worldwide, according to Bloomberg New Energy Finance.
Talk of peak oil demand is “withering under scrutiny”, said Saudi Aramco chief, Amin Nasser.

Consumption will ratchet up from 102m b/d to 110m b/d by 2030, and rise further until 2035 before stabilising at a high plateau through to mid-century.

This skips over the awkward detail that EVs are already on track to reach 60pc of total car sales in the world’s biggest car market within two years (not a misprint).

The cartel is being hit from two sides. Petrol and diesel cars are becoming more efficient, gradually displacing 1.4bn vintage models disappearing into the scrap yard. BP says that alone will cut up to a tenth global oil demand by 2040.

With a lag, EVs are now starting to take a material bite, with an S-curve trajectory likely to go parabolic this decade.

China’s EVs sales hit 38pc this summer, even though subsidies have mostly been scrapped. This is far ahead of schedule under Beijing’s New Energy Vehicle Industry Development Plan.

Growing Number of Democrat's want Menendez to resign but very few Republics are asking George Santos to leave, why is that?


https://www.huffpost.com/entry/kevin-mccarthy-flip-flop-bob-menendez_n_6513430de4b087c523200e9d



Kevin McCarthy Wanted Bob Menendez To Resign Until Someone Mentioned George Santos
The House speaker wanted the New Jersey senator to resign, but he changed his mind after someone asked why he hadn't asked Santos to do the same.

Democrats only support this because Phil is the Democrat governor of Jersey and would replace him with a democrat

That’s literally the only reason Dems are calling for him to resign

Democrats only support this because Phil is the Democrat governor of Jersey and would replace him with a democrat

That’s literally the only reason Dems are calling for him to resign

In NJ do you really think it matters? In a special election it would still be a democrat. Still not hearing too much support from Senate democrats

Democrats only support this because Phil is the Democrat governor of Jersey and would replace him with a democrat

That’s literally the only reason Dems are calling for him to resign

BS.

OPEC is going into a death spiral – because of China
https://news.yahoo.com/opec-going-death-spiral-because-160000924.html


Watch what Saudi Arabia does, not what it says.

Saudi and OPEC officials self-evidently do not believe their own claim that world oil demand will keep growing briskly for another generation as if electric vehicles had never been invented, and there was no such thing as the Paris Accord.

OPEC had to slash output last October in order to shore up prices. It had to cut again in April. The Saudis then stunned traders with a unilateral cut of one million barrels a day (b/d) in June.

All told, the OPEC-Russia cartel has had to take 2m b/d of production off the table at a high point in the economic cycle, after China’s post-Covid reopening and at a time when the US economy has been running hot with a fiscal expansion roughly equal to Roosevelt’s world war budget.

That 2m b/d figure happens to be more or less the amount of crude currently being displaced by EV sales worldwide, according to Bloomberg New Energy Finance.
Talk of peak oil demand is “withering under scrutiny”, said Saudi Aramco chief, Amin Nasser.

Consumption will ratchet up from 102m b/d to 110m b/d by 2030, and rise further until 2035 before stabilising at a high plateau through to mid-century.

This skips over the awkward detail that EVs are already on track to reach 60pc of total car sales in the world’s biggest car market within two years (not a misprint).

The cartel is being hit from two sides. Petrol and diesel cars are becoming more efficient, gradually displacing 1.4bn vintage models disappearing into the scrap yard. BP says that alone will cut up to a tenth global oil demand by 2040.

With a lag, EVs are now starting to take a material bite, with an S-curve trajectory likely to go parabolic this decade.

China’s EVs sales hit 38pc this summer, even though subsidies have mostly been scrapped. This is far ahead of schedule under Beijing’s New Energy Vehicle Industry Development Plan.

I don't think you understand your whole post supports my point.

I don't think you understand your whole post supports my point.

Only to you. That's fine I get it, you live in Arizona.


So in your mind Biden made OPEC raise price's not anything China is doing as is pointed out in the artical. ..........cool.

Democrats only support this because Phil is the Democrat governor of Jersey and would replace him with a democrat

That’s literally the only reason Dems are calling for him to resign


Unlike the Maga klan who is only looking out for the good of the Country. At least we replace our scum. You champion them to higher office.

He is a piece of shit Chico. Every dem here will say that. You, on the other hand have never, ever condemned anything your maga virus party has done up to and including a FUCKING ATTEMPTED COUP!!!! One time. Just one time condemn something the hard right does. Anything. Than maybe people will take you seriously. Until then you are nothing but a hypocritical mouthpiece for MAGA.

Only to you. That's fine I get it, you live in Arizona.


So in your mind Biden made OPEC raise price's not anything China is doing as is pointed out in the artical. ..........cool.

Man you are dense. If Biden hadn't throttled US production, OPECs ability to raise prices would have been and would be seriously limited.

Man you are dense. If Biden hadn't throttled US production, OPECs ability to raise prices would have been and would be seriously limited.

LOL, BS! Again you ignore the artical and what China and Russia are doing but we get it you make up shit and blame Biden.