General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThursday TOONs - Ukrainian Solidarity
Last edited Thu Mar 10, 2022, 08:58 AM - Edit history (1)
Ukrainian Solidarity
(I stand by my lack of promises that I'll remember to include this every day)
3/4: Friday TOONs - Know Your Enemy
3/6: Doonesbury - The Whole World Will Be Watching
3/7: Monday TOONs - Back To The USSR
3/8: Tuesday TOONs - The SS Putanic
3/9: Wednesday TOONs - Tyrants' Fantasy Life
planetc
(7,805 posts)steventh
(2,143 posts)Never in my lifetime did I think I'd see some of the crap going on as depicted in these excellent toons.
Thanks for the links to prior TOONs.
kick & rec
KS Toronado
(17,198 posts)at least some people remember history and can learn from it.
mountain grammy
(26,618 posts)Stuart G
(38,414 posts)PatrickforB
(14,570 posts)to see that many conflate Biden's policies on Russian oil with the rise in prices at the pump.
I'd like to respectfully remind everyone that profits are up generally in the oil industry, and that they are using the war as an excuse to gouge us at the pump because they can - they are driven by the doctrine of shareholder primacy - profits over people, rather than by any patriotism or even decency.
To put the ban in perspective, the US imported around 700,000 barrels a day from Russia. In 2021, the United States consumed an average of about 19.78 million barrels of petroleum per day. So we imported around 3.5% of our oil from Russia.
According to the US Department of Energy, in 2021, the United States imported about 8.47 million barrels per day (b/d) of petroleum from 73 countries. Petroleum includes crude oil, hydrocarbon gas liquids (HGLs), refined petroleum products such as gasoline and diesel fuel, and biofuels. Crude oil imports of about 6.11 million b/d accounted for about 72% of U.S. total gross petroleum imports in 2021, and non-crude oil petroleum accounted for about 28% of U.S. total gross petroleum imports.
In 2021, the United States exported about 8.63 million b/d of petroleum to 176 countries and 4 U.S. territories. Crude oil exports of about 2.98 million b/d accounted for 35% of total U.S. gross petroleum exports in 2021. The resulting total net petroleum imports (imports minus exports) were about -0.16 million b/d in 2021, which means that the United States was a net petroleum exporter of 0.16 million b/d in 2021.
The top five source countries of U.S. gross petroleum imports in 2021 were Canada, Mexico, Russia, Saudi Arabia, and Colombia.
Here's who we export oil to:
The top five destination countries of U.S. total petroleum exports by export volume and percentage share of U.S. total petroleum exports in 2021 were:
Mexico1.16 million b/d13%
Canada0.84 million b/d10%
India0.62 million b/d7%
China0.59 million b/d7%
South Korea0.56 million b/d6%
Now here's the thing I cannot stress enough: The oil companies are governed by the doctrine that shareholder profits are king, and must be held above the interests of workers, consumers and even the environment. Period. They are out for profits. There is absolutely no patriotism there.
So for anyone to say that Biden's policies have driven prices up at the pump is a gross error. The market is far too complicated for such a statement to be true. This really is a price gouge. Nothing more. It is just sick that the media will for the most part conflate Biden's policies with price rises at the pump. Gas has been going up for months and has contributed a lot to the high inflation we're already seeing.
niyad
(113,257 posts)for wider visibility, and so we can rec it? Thanks in advance.
JudyM
(29,225 posts)Shareholder primacy and executive pay both need to be reined in. There has been progress, a shift, hopefully it will continue gaining ground with increasing shareholder CSR activism and the demand for increased transparency via social media.
Im with Niyad that your post here would make a great OP.
LiberalLovinLug
(14,173 posts)One reason why the GOP is comfortable "helping" Biden pass this. Its ammunition for the mid terms. They will never mention it had vast bipartisan support to pass it. Or that the US only uses 3.5% Russian oil in the first place. They will immediately pivot, some already have, of calling it a Democratic/Biden action. And further will blame this Russian ban on the price of gas instead of the actions of Putin himself. They now have someone other than Putin, their second favourite leader in the world, to blame.
niyad
(113,257 posts)abbatoir one forgot to include women.
FailureToCommunicate
(14,012 posts)2naSalit
(86,533 posts)Wounded Bear
(58,645 posts)CaliforniaPeggy
(149,583 posts)JudyM
(29,225 posts)Spazito
(50,281 posts)it is much appreciated.
Wild blueberry
(6,623 posts)Thank you.
demigoddess
(6,640 posts)LetMyPeopleVote
(145,126 posts)Hekate
(90,642 posts)FakeNoose
(32,628 posts)murielm99
(30,733 posts)Dark n Stormy Knight
(9,760 posts)Another scathing collection.