How does auto manufacturing survive?

Fixed it for you

 

Again, if oil companies are greedy and want to horde their product to drive up prices and maximize profits at our expense, why have they not done this consistently through the decades? Why do they sometimes 'allow' periods of low gas prices while in other periods 'creating' high gas prices? If they're benefiting more than ever from this nefariousness why haven't they been doing it 100% of the time through one election cycle after another? Think of the money they leave on the table only doing this a few years at a time and then 'permitting' gas to get cheap again for a bit.

Is this the part where you try to tell me they plot it out in a back room and pick random years when they give us a breather so we don't go full electric or try to get the Saudis to pump more to box them out?

 

I would guess that in 10 years you might find it hard to find a replacement battery for your “old” 10 year old vehicle.

 

Yeah except not even close to the same story.

 

Take a breath.
Oil companies are no different than any corporation. Profits are primary goal, period. Hundreds of millions in tax breaks and the last large scale refinery went online in 1977, small insignificant one was built in 2020. It’s the perfect business model.
Refineries have been working at 100% capacity for at least the past 15+ years. Demand goes up as the population goes up yet the same refineries since 1977?
12000+ permits for oil exploration?
Oil company stocks are great in your 401K.
Not great in trying to find an alternative to oil.
Drinking the cool-aid doesn’t get old for some

 

I like the idea of EVs, the execution and practicality of them at this point...not so much.

I also work for a government corporation that generates and provides electricity. The dirty little secret that they don't openly tell the public is that no matter now good batteries and chargers are, how quickly you can add chargers to service stations or how cheap you can make the EVs, the power grid simply cannot handle the load of even 30% of the population owning EVs. It is not a cheap nor fast process to upgrade the grid to where it can handle existing usage and 70% of vehicles being EV. Factor in future electric demand for homeowners and industry along with EVs and you're talking decades and billions upon billions of dollars.

 

Definition of cool-aid.
Petroleum engineer that finds his data on DailyCaller?
Those two things don’t add up.

 

Lord don't tell the EV mafia that!!!

 

I’m betting no way in hell you are a petroleum engineer. Your comments seem more gas station shift manager.
Supply and demand means nothing to your comments. How can you have greater output to meet demand without the ability to produce more output? One things gives, it’s cost for that same output due to the increase in demand.

Perfect business model.

 

Again.
Supply and demand means nothing to your comments. How can you have greater output to meet demand without the ability to produce more output? One things gives, it’s cost for that same output due to the increase in demand.

You drinking the cool-aid like the link you sent doesn’t change supply and demand.
I never said EV’s are a perfect solution. Having people like yourself not understanding supply and demand keeps the status quo.
No way in hell you’re a petroleum engineer.

 

Not one time did I say oil companies are cheating.
It’s the perfect business model. Make sure you have these stocks in your 401k.
Name a law not an emotional diatribe against the government that has caused oil companies to not build another oil refinery.
Also how are incentives to purchase an EV causing oil prices to go up?

Again.
Supply and demand means nothing to your comments. How can you have greater output to meet demand without the ability to produce more output? One things gives, it’s cost for that same output due to the increase in demand.

 

You aRe actually accurate on the stock and 401 statement. My vanguard energy exploration fund that specializes in companies and facilities that explore for and develop new sources was a poor performer pre 2020 and started to make strong gains since then because the leasing clampdown has made current exploration activity more valuable. As the strong dividends and profits that come when oil companies are holding cash instead of investing it and producing less product at bigger margins drives demand for those stocks in times like these.

Absolutely true, the same conditions that drive down availability of the end product help the investment vehicles thrive.

 

Read my last post again.
You don’t even understand your own argument. Have someone read it and explain it. Yes, it doesn’t make sense.
Answer me, answer me still doesn’t help your inability to understand supply and demand.

 

The real question we should be asking:

How do PEOPLE survive with such high vehicle, home, and manufacture’s prices?

 

The same reason diamond mines don't produce full capacity.

And the same reason the medical industry limits the number of doctors.

 

Who knows what's true? We're no longer in the information age. We're in the misinformation age.

If it's true, diamonds are incredibly valuable because they are a lot more scarce than they should be. Makes sense to me that it's true? It's unenlightened human nature to be greedy, lazy, and a control freak.

 

Everyone is welcome to believe as they wish. Doesn't mean it's correct.

Remember, media and government talking heads tell you what their owners want you to believe.