What are Y'all Gonna Do Next Month When A Gallon Of Milk Cost $11

I posted facts, you may not want to hear them, but facts just the same

 

That article is from April 2020, during the demand shock, which was caused by the shutting down of economies due to COVID, which resulted in an oversupply of oil. Trump was getting the global economy out of a demand shock. Oil prices are not going up because of what Trump did in 2020 when there was, again, an oversupply of oil. Jeeze.

 

yes, Trump reduced supply during covid, that is when this happened, covid is now ending and demand is up, until supply catches up, prices will be up

this is about supply and demand, simple

 

Australia 'handled' COVID, and our groceries are going the same way.

This isn't happening because of C19 ... C19 just exposed the problems.

 

Pretty much sums up the rightists ridiculous arguments.

 

No we don't.

I'm saying it's an INDIVIDUAL thing. Individuals (of whatever stripe) are now too far gone in their self-absorption and instant-gratification mindset. The modern first world human despises the idea of cooperation and obligation .. so any hope of 'organising for survival' is futile.

 

Brilliant .. that's the way to do it!

I have similar impetus .. a childhood of financial insecurity, creating a determination to avoid the habits which lead to same. We so the same kinds of things you do. You've probably encountered similar reactions to this stuff, too. People who like to blow all their dough, are really irritated by frugality.

 

The demand shock ended in 2020; the policy to reduce production did not linger to 2022. In fact, by June 2020, oil production was at 532.7 million barrels, much higher than the pre-pandemic level of 440.3 million barrels in January 2020. So, you are just completely wrong on the cause of the surge in oil prices being what Trump did that was mentioned in an article in April 2020. But here's the point: you are correct about the demand being a reason for the surge in gas prices. The Democrat Party is the party that shutdown the economy, which created the lack of demand in the first place. Biden supported the economic shutdowns caused by Democrats, and now Democrats opened up their local and state economies, because it was an election year, which has caused a huge demand, which has factored into the surging prices. Furthermore, Biden imposed "a moratorium on new federal oil and gas leasing," in January 2021, which factored into lower supply. Therefore, Biden and the Democrats are to blame for the surge in prices.

 

Government policies that play a fundamental role in the surge of gas prices is not free market capitalism.

 

What policy? LOL

 

it's effecting much of the world, so is due to covid

but your right, there was other issue with our global economy as well and that did not help

our distribution system was designed to be cheap and fast, not redundant for instance

 

agree with that too, both play a part

 

demand was down during covid, now that covid is ending, demand is up, that is when the problem of reduce supply became an issue effecting price

had we kept supply high during covid, we all would have had super cheap gas during covid.... rather then having a shortage today

the powers that be did not want us to have super cheap gas

 

Hmm. Let's see.

1. How about the fact that Biden, in January 2021, imposed "a moratorium on new federal oil and gas leasing"?
2. How about the fact that Biden shut down the the Keystone pipeline?
3. How about the fact that Biden "cancelled a March 17 oil and gas lease sale that would have auctioned off over 78 million acres in the Gulf of Mexico"?

That is not free market capitalism.

 

By June 2020, oil production was higher than what is was in January 2020. Therefore, the Trump policy cited in the April 2020 article was not long term; it was necessary to stop the temporary demand shock at the time, which is a negative irregularity in the economy. Are you proposing that the demand shock, created by the economic shutdowns, which was created by Democrats and those who think like them globally, should have been left untreated?

 

Trump started his threats at the end of April, takes time to reduce supply

are you blaming democrats for the Trump shutdown guidelines? yes, the world often follow the lead of the USA, and the President issued a 30day shutdown

Trump threatened to shutdown the ports to countries with high covid cases, he reversed that, but just him saying that caused global concerns

 

So he started his threats in April 2020, and his threats notwithstanding, production was higher in June 2020 than it was in January 2020. And your response to that fact is to say, pretty much, "Well, his threats took some time to take effect."

Are you joking?

Please, think a little harder and come up with a better way to blame Trump.

In 2020, the states with the highest unemployment were blue states, not red states. The unemployment rate of red state economies did not really change in 2020. Thus the Democrat Party is the party of shutdowns.

 

that is about a month later..... yes, it takes time to reduce supply and takes time to increase it

 

here is a link to the fear Trump caused glbally about restrictions on cargo, this caused panic around the globe

https://gcaptain.com/president-trum...-he-also-said-trade-and-cargo-was-prohibited/

"“These restrictions will be adjusted subject to conditions on the ground. There will be exemptions for Americans who have undergone appropriate screenings, and these prohibitions will not only apply to the tremendous amount of trade and cargo, but various other things as we get approval. Anything coming from Europe to the United States is what we’re discussing,” the President added."

 

How would an increase in the supply of oil by the end of June 2020 be a logical component in the process of a long-term reduction starting in April 2020? The fact that oil production "increased to 532.7 million barrels by the end of June 2020," which was higher than in January 2020, flies in the face that oil reduction was due to what Trump said in April 2020. The timeline makes no sense whatsoever. I think you're being a little silly.

 

Hard Times Shopping List:

brown rice
red kidney beans
lentils
rolled oats
milk powder
low sodium canned tuna or salmon
dried pasta
low sodium canned diced tomatoes
garlic powder
iodised salt
black pepper
chilli flakes
green herbs - thyme, basil, parsley, rosemary, sage, oregano
paprika
curry powder - or the makings of same
dark brown sugar - cheaper than honey and maple syrup, but has good strong flavour and healthier than white sugar
peanut butter with no added sugar or salt
cheap wholemeal bread
fresh fruit & 'above ground' veg galore - in season items only
root vegetables galore - they're lifesavers, and store for months
brown onions
sunflower or other stable frying oil
eggs
fresh rice noodles (uncut sheets are best)
butter or plant-based substitute (as long as it doesn't contain trans fats)

Extras to buy in bulk when discounted:

dark chocolate blocks
high quality coffee
range of teas - from blacks to herbals
extra sharp aged cheddar in large blocks
wedge of Grana Padano, or whatever you prefer to grate on to your pasta
ground beef, frozen in handful sized portions to add to pasta sauces/chili beans etc
low-grade bacon rashers frozen in one or two-rasher portions, to use for flavouring soups/stir fries etc
cheapest available chicken pieces (never breasts - they're dry and flavourless) frozen into two or three piece portions
high quality brewed soy sauce
sesame oil
liquid smoke
extra virgin olive oil

These basics cover a range of preferences, and a range of different cuisines. They're inexpensive when purchased the right way, at the right time, and not much of it is unhealthy (bacon, chocolate, cheese, and sugar notwithstanding!). All of it requires cooking from scratch, but that's why it's cheap. And no pre-prepared treats other than the chocolate - no cookies, desserts, snack foods, or soda. There are enough ingredients in the list to produce cakes/cookies at home - if they're essential to your belly happiness

 

As for snack foods ... we bulk purchase raw nuts (cashews, almonds & hazelnuts) when they're heavily discounted, and roast them at home. We don't add salt, but you could add a small amount if you really like your salty crunchy snack with a cold beer!

 

Solid list. Out here tomatoes can't help but grow, potatoes are cheap, and I try to befriend people with avocado trees. Typically they end up with dozens more avocado than they can eat and will bring you some from home or let you pick some.

Also check out this lemon pasta, probably under a dollar a serving.

 

We had cheap gas because of our domestic production and he wanted to keep it that way to bad you don't seem to understand what happened and how markets work.

 

Why?