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Well... it's Trump... again. #47, here we go.

Inflation rate for gasoline over past year: 24.6%
Prospects for it going down: who the hell knows
Ongoing war excursion with Iran, which I guess we've won over and over...

What better use of the President's time than renaming a lake and threatening to tear down a building if they won't put his name back on it?
I would expect that by now even my born-again cousins know what a grotesque senior-toddler this man is, but I won't ask them.
 
"The average American uses 141 rolls of toilet paper per year,"
I call bullshit on that.
That would be close to 3 rolls per week.
I haven't kept track, but my usage is closer to 3 rolls per YEAR.
They assume rolls weighing 90g. I just weighed one of my rolls. It weighs 190g. that cuts their 140 roll estimate roughly in half, 70 rolls per year is still too high. My yearly usage about 570g.
On the other hand my rolls are 1000 sheets of 1-ply.

Art of the deal, baby!
Fart of the deal.
Art of the steal.
Sir of the real.
 
"The average American uses 141 rolls of toilet paper per year,"
I call bullshit on that.
That would be close to 3 rolls per week.
I haven't kept track, but my usage is closer to 3 rolls per YEAR.
They assume rolls weighing 90g. I just weighed one of my rolls. It weighs 190g. that cuts their 140 roll estimate roughly in half, 70 rolls per year is still too high. My yearly usage about 570g.
On the other hand my rolls are 1000 sheets of 1-ply.

Art of the deal, baby!
Fart of the deal.
Art of the steal.
Sir of the real.
They call that "John Wayne TP", 'cause it don't shit off anyone.
 
Trump lauded low prices at Freedom Fuel. A supplier says some gas wasn’t paid for. Mansfield Oil Company alleges in a lawsuit that a distributor never paid for gas that was supplied to some Freedom Fuel stations.

A chain of gas stations that lowered prices last month in response to President Donald Trump’s call for cheaper fuel sparked a mystery over how it was able to sell at such a discount.

A new lawsuit offers a possible answer: A fuel supplier alleges that it was not paid for gas that was ultimately delivered to stations in the Freedom Fuel Network.

Mansfield Oil Company of Gainesville claimed in a federal lawsuit this month that New Jersey businessman Syed Kazmi, and his company, KRSM, took more than a million gallons of fuel from a terminal in Pennsylvania between late May and early July — nearly $4 million worth — but never paid for it.

Some of that fuel was supplied to at least 10 Pennsylvania gas stations listed on the Freedom Fuel Network website, Urs Broderick Furrer, a lawyer for the Georgia-based Mansfield, told The Washington Post.
 
Hence why the Venezuelan oil should bring down gas prices, no?
It’s my understanding that it is phenomenally expensive to convert Venezuelan crude to gasoline.
It doesn't matter how expensive something is, if you simply don't pay for it.

Of course, if you don't pay your suppliers, they might want to sue you - but how will they afford a lawyer? Meanwhile, you are running at a 100% profit margin, so can afford the best lawyers in town - particularly if you don't plan to pay them, either.

It's the Art of the Deal!
 
Hence why the Venezuelan oil should bring down gas prices, no?
It’s my understanding that it is phenomenally expensive to convert Venezuelan crude to gasoline.
Sure. And it's sold at a discount because it is expensive to process. But the US has the refineries to do just that.
Will it bring down the price of gasoline? No time soon. Even if Trump isn't full of shit and history would indicate he is, it'll be years before Venezuelan infrastructure can be upgraded to where they can output more than the 1.25M bpd they do now. Their ports, electric grid, and everything that gets the oil from the ground to the port is in such a sad state.
And who is funding that?

I think this is little more than a midterm election Trump tweet because the Republicans got no juice.
 
Hence why the Venezuelan oil should bring down gas prices, no?
It’s my understanding that it is phenomenally expensive to convert Venezuelan crude to gasoline.
It doesn't matter how expensive something is, if you simply don't pay for it.

Of course, if you don't pay your suppliers, they might want to sue you - but how will they afford a lawyer? Meanwhile, you are running at a 100% profit margin, so can afford the best lawyers in town - particularly if you don't plan to pay them, either.

It's the Art of the Deal!
Sure, but who is going to spend billions to redevelop an area where very expensive oil is waiting to be extracted? Then spend billions to build infrastructure to export it?

Oil rights were free to US", but that is the cheap part. Oil companies could have already been accessing this oil, but weren't and likely will continue not doing so.
 
Hence why the Venezuelan oil should bring down gas prices, no?
It’s my understanding that it is phenomenally expensive to convert Venezuelan crude to gasoline.
The quality of Venezuelan oil does not meet the standards set for our oil reserve program. Trump lied about that.
 
Hence why the Venezuelan oil should bring down gas prices, no?
It’s my understanding that it is phenomenally expensive to convert Venezuelan crude to gasoline.
It doesn't matter how expensive something is, if you simply don't pay for it.

Of course, if you don't pay your suppliers, they might want to sue you - but how will they afford a lawyer? Meanwhile, you are running at a 100% profit margin, so can afford the best lawyers in town - particularly if you don't plan to pay them, either.

It's the Art of the Deal!
Sure, but who is going to spend billions to redevelop an area where very expensive oil is waiting to be extracted? Then spend billions to build infrastructure to export it?

Oil rights were free to US", but that is the cheap part. Oil companies could have already been accessing this oil, but weren't and likely will continue not doing so.
Much of the infrastructure is already there. American oil producers were operating there until Trump kicked them out in 2019.
 
Much of the infrastructure is already there. American oil producers were operating there until Trump kicked them out in 2019.
Yeah? When I bought my first house in Boulder County (1972) there was an abandoned 1954 Lincoln parked on the property. Body panels were straight but rusty, interior had semi-intact tuck-and-roll leather … never checked to see if the engine (flathead) was frozen.
I let a friend haul it away. He got a storage title and eventually got the thing back on the road, after spending over $9000 on it (by his report).
The car listed for less than 4k new.
In the 18 years since it had been sold new, the dollar had “inflated” about 50%.
I think the rusting hulks of Venezuelan oil processing gear, are going to engender similarly disproportionate costs to bring them back on line.
 
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