Russia Invades Ukraine AND Chinese Aircraft Enter Taiwan Airspace

[Julian]

They should be setting record profits. The USD is worth less than last year, so if your profits aren't going up, you're seeing negative growth. Also, they've been pushed to not expand capacity, so when you're not spending on expansion or future capacity, of course you'll set record profits. It's the definition of short term gains and long term consequences.

They have expanded capacity, so that eliminates your argument. Latest data has US at over 12 million bpd, with predictions that we'll match prepandemic production levels next year. So hopefully increased supply and ideally an end to Ukraine war will help prices next year. But I suspect sanctions will remain on Russia for a long time unless Putin dies.

China is already investing in Mexico. Unlikely we'll invade because of it! Is this (your positions) all Tucker Carlson's talk track? Perhaps I should watch him again so I know where this stuff comes from.....(an entertainment show)

https://mexiconewsdaily.com/news/chinese-investment-manufacturing-mexico/

 

[Jim_in_Delaware]

They should be setting record profits. The USD is worth less than last year, so if your profits aren't going up, you're seeing negative growth. Also, they've been pushed to not expand capacity, so when you're not spending on expansion or future capacity, of course you'll set record profits. It's the definition of short term gains and long term consequences.

From a June oilprce.com article,

""We have been in regular contact with the administration to update the President and his staff on how ExxonMobil has been investing more than any other company to develop U.S. oil and gas supplies," the company said in a statement. "This includes investments in the U.S. of more than $50 billion over the past five years, resulting in an almost 50% increase in our U.S. production of oil during this period," Exxon also said."

Jim

 

[the MfM]

My local electric utility is seeking approval to raise rates to over 30 cent a kWh.( A good portion electric production comes from gas/oil here)

 

[the MfM]

*totally worth it to stop Putin.

 

[the MfM]

 

[Bluewater272]

The USD is worth less than last year, so if your profits aren't going up, you're seeing negative growth.

With the exception of the last two weeks, the dollar hasn't been this strong in 20 years, and well above 2021.



Conspiracy mixed in with easily refutable 'facts'. Good stuff.

 

[BlkGS]

With the exception of the last two weeks, the dollar hasn't been this strong in 20 years, and well above 2021.

View attachment 191113

Conspiracy mixed in with easily refutable 'facts'. Good stuff.

You either just misunderstood what I said, or are being intentionally misleading.

The value of the dollar vs other currencies has nothing to doneith the fact that every dollar buys less. And so if every dollar has less value, profits have to increase to stay "equal". This is basic math here.

 

[Bruce]

Interesting. One would think that someone trying to spam would also be savvy enough to VPN a fake location...

Many do. I will not get into the various methods we use to track and block spammers before they join as I want to continue blocking them before they are able to post. We have prevented or removed more than 20,000 fake Russian accounts on this forum alone.

 

[BlkGS]

They have expanded capacity, so that eliminates your argument. Latest data has US at over 12 million bpd, with predictions that we'll match prepandemic production levels next year. So hopefully increased supply and ideally an end to Ukraine war will help prices next year. But I suspect sanctions will remain on Russia for a long time unless Putin dies.

China is already investing in Mexico. Unlikely we'll invade because of it! Is this (your positions) all Tucker Carlson's talk track? Perhaps I should watch him again so I know where this stuff comes from.....(an entertainment show)

https://mexiconewsdaily.com/news/chinese-investment-manufacturing-mexico/

Is Tucker Carlson the fat guy on the radio old people liked?

There's a big difference between investing and building mitary bases. China is investing in pretty much all of the world, and taking control of most infrastructure in the process. But again, if China wanted to put missiles, military airfields, large bases, etc as NATO would do in Ukraine, how do you think the US would react? When the Russians wanted to out missiles in Cuba we nearly had ww3. So I suspect that it wouldn't go over very well.