(Thread IKs:
skooma512)
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webcams for christ posted:fire is reported to have started at 17:00 on this graph. If anything a refinery burning down is bullish for oil prices.
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May 15, 2023 20:49
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| # ? May 25, 2024 04:19 |
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SKULL.GIF posted:If anything a refinery burning down is bullish for oil prices. yup oil prices spike anytime there’s remotely negative news about production and has for decades. I remember like 2004 some refinery in Alabama or something catching on fire and gas prices skyrocketed in ca even though it’d have no effect
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May 15, 2023 20:55
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next WTYP pod gonna be lit
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May 15, 2023 21:11
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703 posted::one year later:
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May 15, 2023 21:14
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Penisaurus Sex posted:There was a line from the old David Harvey RSA animate video that really stuck with me -- "Capitalism can't solve it's crises. It either moves them around or turns them into a barrier that must be surmounted. [So then] The character of the last crisis and the exit from it determine the next crisis." I know the video you're talking about and it's goated. Very early mind opening stuff for me.
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May 15, 2023 21:18
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that’s a blip in the long history of industrial disasters in Texas City, Texas’ version of New York City in Texas (it’s all refineries and pollution and explosions)
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May 15, 2023 21:25
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texas city is like a bladerunner city but in texas
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May 15, 2023 21:29
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https://www.cnbc.com/2023/05/15/debt-ceiling-yellen-says-us-could-run-out-of-money-by-june.htmlquote:WASHINGTON — Treasury Secretary Janet Yellen reaffirmed to Congress on Monday that the United States could default on its debt as early as June 1. 16 days remain.
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May 15, 2023 21:32
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talk to me when its hours, or minutes actually.
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May 15, 2023 21:48
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Time to take a vacation! - Congress
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May 15, 2023 21:49
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customers decreasing that quickly?
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May 15, 2023 21:50
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skooma512 posted:Time to take a vacation! - Congress i can't wait for them to get called in for the emergency debt ceiling band-aid
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May 15, 2023 21:51
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boooo let it burn cowards
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May 15, 2023 22:10
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Oh gently caress my regional bank just sent me an email to say the bank is strong and solid and that everything is fine. This is how it starts.
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May 15, 2023 22:21
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Sokani posted:Oh gently caress my regional bank just sent me an email to say the bank is strong and solid and that everything is fine. This is how it starts. lol I got one from my SF fire credit union around SVB too. big, safe, strong, great foundation, safe!
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May 15, 2023 22:24
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Xaris posted:yup The US is bottlenecked on refinery capacity and can't really build more for a variety of reasons, which makes every loss in refinery capacity significant for the entire market; other suppliers can't cover the loss in production because the surplus capacity does not exist
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May 15, 2023 22:29
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Thorn Wishes Talon posted:Notably though, back then mortgage delinquencies rising dangerously leading up to the crash. Nowadays they are decreasing: Well yeah. Things have to be bad to be delinquent on a 2% interest mortgage. That's cheaper than renting an apartment.
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May 15, 2023 22:32
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Capitalism allocates resources efficiently and responds to market demand.  Doesn't build enough housing or oil refining capacity despite these being the lynchpin of the whole economy because cartels benefits way more with restricted supply
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May 15, 2023 22:32
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skooma512 posted:Capitalism allocates resources efficiently and responds to market demand. Well, climate policy restricts refinery growth in some states and nimby politics restricts refinery growth in all the states that don't explicitly restrict refinery expansion. Even if they didn't have a profit incentive to restrict the supply, it would still be difficult to expand capacity to the degree we need to to meet demand It's the same rub with nuclear: we have a solution to all of our problems but panic laws and neighborhood associations prevent us from implementing the solution
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May 15, 2023 22:37
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If all the billionaires died tomorrow, the world would keep on trucking like nothing happened. If all the sanitation workers died tomorrow, the world would come to a grinding halt. Throw billionaires in the garbage.
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May 15, 2023 22:46
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If all the billionaires died tomorrow, the world would come to a grinding halt while everyone parties for a full week
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May 15, 2023 22:49
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my local grocery store has now closed off one of the two entrances and added an aggressive (and broken) system to detect whether scanned items have been placed in the bagging area this is in northern virginia in a decent part of one of the top 10 richest counties in america. lol, lmao
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May 15, 2023 22:51
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Ash1138 posted:my local grocery store has now closed off one of the two entrances and added an aggressive (and broken) system to detect whether scanned items have been placed in the bagging area my local asian produce market started doing Costco-style receipt checking a month ago for the first time after being around for 40 years
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May 15, 2023 22:52
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Ash1138 posted:my local grocery store has now closed off one of the two entrances and added an aggressive (and broken) system to detect whether scanned items have been placed in the bagging area that’s more a we can’t get enough employees to cover necessary shifts sign than a shoplifting spike. bet there is one clerk for the self checkout who also has to check anybody that won’t use the self checkout and maybe nobody else in the store.
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May 15, 2023 22:56
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Elman posted:If all the billionaires died tomorrow, the world would come to a grinding halt while everyone parties for a full week True. The world would actually be a better place lol.
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May 15, 2023 22:57
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There'd be a bunch of succession, and it'd be back to business as usual in short order. The billionaires are the godheads atop the system, and removing them doesn't kill the system itself. They are of course parasitic to it, but not required for its operation.
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May 15, 2023 23:01
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JAY ZERO SUM GAME posted:yeah that was weird. we still don't know what broke in fall 2019 that turned the money printer on right? there was an election coming up
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May 15, 2023 23:10
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Engorged Pedipalps posted:Well, climate policy restricts refinery growth in some states and nimby politics restricts refinery growth in all the states that don't explicitly restrict refinery expansion. Even if they didn't have a profit incentive to restrict the supply, it would still be difficult to expand capacity to the degree we need to to meet demand the nuclear one's a result of the fossil fuel companies being terrified of losing market share
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May 15, 2023 23:10
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Nuclearmonkee posted:There'd be a bunch of succession, and it'd be back to business as usual in short order. The billionaires are the godheads atop the system, and removing them doesn't kill the system itself. They are of course parasitic to it, but not required for its operation. Yeah I had to follow up with that but of course getting rid of individuals doesn't fix anything, it's the system itself that's the problem.
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May 15, 2023 23:10
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I will use 23 and me results that the cia has on file to stop the billionaire succession
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May 15, 2023 23:12
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Bar Ran Dun posted:I seem to remember being told this was transitory. This is deeply concerning. everything is transitory, namaste
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May 15, 2023 23:13
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Willa Rogers posted:if arbitrary generations were real, I'd agree with you. boomer is a state of mind, does that untangle this very complicated subject for you? its a state of mind that allows you to own multiple homes, multiple vehicles, and still complain about ungrateful lazy millenials and zoomers. like every single one of my multiple boomer bosses has done, multiple times.
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May 15, 2023 23:26
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Vox Nihili posted:The definitional stuff has been a media toy for decades. When you have nothing of substance to say you write a bunch of hazy, sweeping generalizations about tens of millions of people who in reality exist under wildly different circumstances from one another. Gen X are slackers! Millennials are slackers! Zoomers are slackers! It's the laziest poo poo in the world and other than the baby boom, which was at least an actual demographic event, it's all almost wholly arbitrary. cool now do every real-life boomer actually believing and saying these things, in real life. its not just the media my friend, these people are real, and they actually believe these things. how do i know this? they tell it to me, with their mouth-parts.
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May 15, 2023 23:30
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RadiRoot posted:gently caress boomers. just deal with it willa you fuckin crank.
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May 15, 2023 23:31
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RadiRoot posted:gently caress boomers.
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May 15, 2023 23:34
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Nuclearmonkee posted:There'd be a bunch of succession, and it'd be back to business as usual in short order. The billionaires are the godheads atop the system, and removing them doesn't kill the system itself. They are of course parasitic to it, but not required for its operation. Yeah we're gonna have to take their poo poo, probably do something about their heirs too.
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May 15, 2023 23:36
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Mr Hootington posted:Oh you want somewhere to actually post and talk about the economy? Sorry you are in the wrong forum. shut the gently caress up already gd
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May 15, 2023 23:39
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Consolidated Ed posted:cool now do every real-life boomer actually believing and saying these things, in real life. its not just the media my friend, these people are real, and they actually believe these things. well yeah, people digest and parrot all sorts of stupid bullshit from the media especially the olds
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May 15, 2023 23:40
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Sokani posted:Oh gently caress my regional bank just sent me an email to say the bank is strong and solid and that everything is fine. This is how it starts. congrats on your upcoming deposit bailout!
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May 15, 2023 23:42
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| # ? May 25, 2024 04:19 |
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Right on queue, just as we get into summer and they switch fuel. Always some bullshit excuse why gas has to go up.
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May 15, 2023 23:43
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