LookieNoNookie
Posts: 12216
Joined: 8/9/2008 Status: offline
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quote:
ORIGINAL: Sanity quote:
ORIGINAL: LookieNoNookie Huh? "Also, and at least partially due to higher fuel prices, food prices are also skyrocketing:" Natural gas, which is a major component of fertilizer, which has been falling for 5 years, incrementally, has lowered the cost of producing food since....easily 2010. What has Chinese fuel burns go to do with American food costs? Natural gas has fallen every year (except the last 12 months) for 5 years and is still below the world price by 65%. Huh? You're right that natural gas, despite Obama's best efforts to regulate the fracking that has produced it out of existence, has in many ways saved our bacon (so to speak) Again, despite Obama Yet, farm tractors don't run on natural gas, tractor trailers and locomotives don't run on natural gas. There are a lot of things we get from oil that make our lives better, help bring the things we need to us and to our tables, which Democrats boisterously oppose that Resins, fertilizers, plastic and a thousand other products are manufactured directly out of LNG. Hence why companies that make epoxies, resins for plastics, paints, etc., are now building manufacturing plants here in the U.S. in droves. I'm no fan of Obama, but be assured, these results are not "in spite of" Obama, they are because he has refused to allow exporting of this product which we are literally burning at the site because we have no facilities capable of storing what cars aren't burning. Boone Pickens has a brilliant plan to get autos and trucks to run on this fuel but because of the $5,000.00 - $30,000.00 cost to change over the engines, it's having a bit of an uphill grind.
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