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Sign Up Now!I don't know how they do that without killing demand.That seems unrealistic. What does "this year" mean? Next March/April when inflation was like 8% in March/April 2022?
I think year end consensus is still 5.5-6%...unless something drastic changes with energy prices, we aren't getting within bounds until mid to late '23, it doesn't look like.That seems unrealistic. What does "this year" mean? Next March/April when inflation was like 8% in March/April 2022?
What type of supply side policies do you think would they should target?I don't know how they do that without killing demand.
This administration seems to have zero interest in helping supply side in their economic theory.
I don't know how they do that without killing demand.
I'm more referring to execution style double pop to the back of the head Boondock saints style.Isn't killing demand the whole point of raising interest rates?
Energy/oil would be the place to start.What type of supply side policies do you think would they should target?
Sure, so subsidies to energy/oil companies? Or what?Energy/oil would be the place to start.
Actually would've started day 1 imo.
Incentivize big oil to open it. But that won't happen. Release oil from the strategic reserve is a joke and is going to prolong the problem, because it's going to have to be replenished.What type of supply side policies do you think would they should target?
Don't be hostile and threaten to pull leases at the drop of a hat would be a startSure, so subsidies to energy/oil companies? Or what?
Yeah, I think the only thing that is going to give you more production is probably some significant guarantees and shared subsidies. After 2018 and 2020, I just don't see domestic production blowing up anytime soon(double digit growth).Incentivize big oil to open it. But that won't happen. Release oil from the strategic reserve is a joke and is going to prolong the problem, because it's going to have to be replenished.
I don't know the impact this has on actual production numbers, but if I had to guess...it's probably little to no impact.Don't be hostile and threaten to pull leases at the drop of a hat would be a start
That sounds more reasonable.I think year end consensus is still 5.5-6%...unless something drastic changes with energy prices, we aren't getting within bounds until mid to late '23, it doesn't look like.
probably some significant guarantees and shared subsidies.
Those two statements seem contradictive to me.I don't know the impact this has on actual production numbers, but if I had to guess...it's probably little to no impact.
Big oil isn't going to do shit in terms of expanding production right now, despite demand telling them to do exactly that, because of the uncertainty. Some guarantees would go a long way IMO.Yeah, I think the only thing that is going to give you more production is probably some significant guarantees and shared subsidies. After 2018 and 2020, I just don't see domestic production blowing up anytime soon(double digit growth).
I don't know the impact this has on actual production numbers, but if I had to guess...it's probably little to no impact.
You would need to encourage oil companies to produce more, but comments like this.....Sure, so subsidies to energy/oil companies? Or what?
I don't think they are. The guarantees I think I'm talking about is really around price support/shared risk...while the second is discussing future capacity.Those two statements seem contradictive to me.