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Thread: Trade Deficit in U.S. Plunges on Record Petroleum Exports

  1. #21
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by the_recruit View Post
    And you think by effectively restricting the amount of energy resources we import to the point that it is less than or equal to what we export would benefit us overall?



    Oh jeez.
    Who said anything about restricting imports? This country needs to develop a comprehensive energy policy which utilizes all the forms of resources we have available...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
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    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by Fisher View Post
    It is good for Wall street and the AFL-CIO--not so much all those people whose plants have gone overseas.
    And it wasn't good for handweavers when the power loom eliminated their jobs. Should we go back to handwoven t-shirts?

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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by AlabamaPaul View Post
    Who said anything about restricting imports?
    I assume you did, when you said protectionism was beneficial in the context of a import-export deficit. Isn't the purpose of protectionism to effectively reduce imports relative to exports?

    Quote Originally Posted by AlabamaPaul View Post
    This country needs to develop a comprehensive energy policy which utilizes all the forms of resources we have available...
    What an ambiguous and uncontroversial position. Why, I agree.

  4. #24
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by Fisher View Post
    It is good for Wall street and the AFL-CIO--not so much all those people whose plants have gone overseas.
    The AFL-CIO has been one of the single largest proponents of protectionism in the modern era. Enabling companies to seek cost cutting measures in the form of cheaper labor is completely antithetical to their stated goals.

  5. #25
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by the_recruit View Post
    I assume you did, when you said protectionism was beneficial in the context of a import-export deficit. Isn't the purpose of protectionism to effectively reduce imports relative to exports?



    What an ambiguous and uncontroversial position. Why, I agree.
    I don't recall using the term or advocating protectionism, but I do believe we, as a nation, should exert some control over the disposition of our energy resources, since it is a major component of our trade imbalance, and those trade imbalances send our currency (a measure of our wealth) to other nations and not re-invested here to reduce that dependance...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  6. #26
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by AlabamaPaul View Post
    I don't recall using the term or advocating protectionism, but I do believe we, as a nation, should exert some control over the disposition of our energy resources, since it is a major component of our trade imbalance, and those trade imbalances send our currency (a measure of our wealth) to other nations and not re-invested here to reduce that dependance...
    Don't ignore "Internal Protectionism" that guarantees the continuation of the status quo of Energy Distribution within our borders. It's my pet peeve. The status quo captures all the renewable monies in projects that plug in to the existing grids instead of local projects to benefit local economies, local jobs, and local residents while shipping less monies out of those local economies. This is the "de facto" partnership between Centralized Distribution Network Utilities that collect taxes for their partner, gov'ts. With local projects these two behemoths are cut out of the profit loop. The local citizens are the benefactors. Isn't gov't supposed to address the issues of the citizenry, not the Corporations. Oh wait, Citizens United say these Corporations are Citizens.

  7. #27
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    If the government wants to assert control over the distribution of natural resources, then let them modify the existing permit process to extend that control. If however, they recognize the vast wealth we have in our natural resources, then let it be, and drive a net-exporter economy freely.

  8. #28
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by Samhain View Post
    Trade Deficit in U.S. Plunges on Record Petroleum Exports - Bloomberg



    Goes to show you, drilling for oil in the US does have a very positive impact, even if it doesn't directly affect the price at the pump.
    Decreasing US dependence of fossil fuels has the same result.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  9. #29
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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by iliveonramen View Post
    Decreasing US dependence of fossil fuels has the same result.
    And having the appropriate technology, delivery and consumption systems, and more attractive costs are all pre-conditions on decreasing that dependency.

    Unfortunately, we are decades from that. Use what you have now while building that in the future(~20 years), and you will be set.

    Additionally, before I forget it, having a decreased dependence on fossil fuels while exporting what we no longer need(i.e. fossil fuels) will be a recipe for a booming economy.

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    Re: Trade Deficit in U.S. Plunges on Record Petroleum Exports

    Quote Originally Posted by Samhain View Post
    And having the appropriate technology, delivery and consumption systems, and more attractive costs are all pre-conditions on decreasing that dependency.

    Unfortunately, we are decades from that. Use what you have now while building that in the future(~20 years), and you will be set.

    Additionally, before I forget it, having a decreased dependence on fossil fuels while exporting what we no longer need(i.e. fossil fuels) will be a recipe for a booming economy.
    Which I agree with. Of course the problem is nobody starts a business to research for 20 years in order to have a largescale markatable product. Hence the need for green energy research.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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