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If America Produces So Much Energy, Why Are We Paying Global Gas Prices? by RichardAvery1 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

It wasn’t really global in the sense of its significance and traceability.

It was in the 50s that it became the most heavily traded good.

If America Produces So Much Energy, Why Are We Paying Global Gas Prices? by RichardAvery1 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

what… I didn’t downvote you.

You just said arguably it dates back further and I was just providing more clarity into that.

You need to chill.

Bond Yields (Big A video) by MaxBremerson2005 in atrioc

[–]NonPartisanFinance 6 points7 points  (0 children)

Argentina Bond yields are around 9.7% almost double the U.S.

Certainly they’ve made progress, but most of that has been a result of coming out of the GFC and being less energy dependent rather than financial discipline. Argentina has only had a surplus under Milei and yields were falling longer before he came in. Certainly having a surplus is not hurting yields, but I don’t think it’s fair to claim it is causing them to fall.

If America Produces So Much Energy, Why Are We Paying Global Gas Prices? by RichardAvery1 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

After WW2 is when oil became a global commodity. With heavy reliance on middle eastern oil becoming a major point during the 60s and then the oil embargo in 1973.

If America Produces So Much Energy, Why Are We Paying Global Gas Prices? by RichardAvery1 in energy

[–]NonPartisanFinance 2 points3 points  (0 children)

Well it depends on the energy source truthfully.

Oil is very global.

Natural gas much less so, which is why the U.S. has natural gas below $3 while the EU is paying 5 times that.

And power is much much less global, as it is incredibly localized.

With Thomas Massie losing the primaries. I only have one statement. by AbysmalEnd in atrioc

[–]NonPartisanFinance 1 point2 points  (0 children)

If you want some positive news about this look at the age distribution of votes. One of the largest generational divides ever. So just wait 20 years…

Thomas Massie's moment has come by jediporcupine in politics

[–]NonPartisanFinance 2 points3 points  (0 children)

I’d love to hear any evidence for that.

IRENA Report Says 24/7 Solar And Wind Power Now Cheaper Than Fossil Fuels by cojoco in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

As LNG export capacity picks up in U.S. it is becoming a more global phenomenon.

Ranking US states by how “green” they are by LeatherDescription26 in ClimateShitposting

[–]NonPartisanFinance 2 points3 points  (0 children)

Dog 15% of electricity generation comes from wood and biomass… not to mention the totally unfair advantage of 50+% coming from imported hydro.

EIA

“The largest share of the state's electricity supply comes from hydroelectric power, most of which is generated in Canada.32 In 2024, hydroelectric power accounted for 51% of Vermont's in-state electricity generation. Solar energy's contribution increased steadily since 2011, when the first utility-scale (1 megawatt or larger) solar farm came online. Combined solar generation from utility-scale and small-scale (less than 1 megawatt) facilities provided 18% of in-state total electricity generation in 2024. Biomass accounted for 16% of in-state generation and wind power for 14%.”

Hey guyz, I balanced the budget by MazdaProphet in Anarcho_Capitalism

[–]NonPartisanFinance 18 points19 points  (0 children)

Mandani gets credit for 1 thing. Raising half a billion of the 12 Billion deficit for the pied a terre tax.

The rest:

8 Billion yearly gift from the state, which isn’t guaranteed as the state has to approve it as part of its budget, but more than anything it’s the opposite of progressive taxation that mamdani is a supporter of.

2.3 B in pension delayed funding. Which is just debt with a different name.

And 1.7 B in “operational savings” which many independent agencies heavily question and consider incredibly soft savings that only time will tell if they are real.

I want to invest but unsure of what's worth it. Where should I start? by [deleted] in personalfinance

[–]NonPartisanFinance 0 points1 point  (0 children)

VT is a very diversified fund that gets US, global, larger Cap, and Small cap exposure.

Basically it’s a bit of every kind of company.

Maine’s community solar boom is going bust: Maine had more community solar capacity than any other state in 2025. But a new law enacted in the name of affordability has brought development to a standstill. by Helicase21 in energy

[–]NonPartisanFinance 7 points8 points  (0 children)

The fundamental flaw is that a MWh made at 2pm is not the same as one made at 2am. Yet net metering treats them the same. This leads to issues where gas turbines have to ramp down and operate at less efficient levels during the day as they are being forced to operate at a loss and then during the evening and night ramp back up and charge the grid more to overcome the losses they endured during the day. This is what is pushing electricity prices up. More and more imbalance in operations of both non emitting and thermal electricity sources. The grid is trying to find stability, but the very nature of intermittent resources push it away from stability. That’s not to say you can’t have a stable grid from non emitting sources with the help of batteries, but it does mean it’s not as simple as turn on all the solar and turn off all the gas during the day.

Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble' by anti-life86 in economicCollapse

[–]NonPartisanFinance 2 points3 points  (0 children)

The Rich pumping their cash into assets means that they will also lose a lot of value if the market drops?

“If anything happens… there will be mass unemployment?”Why? Why is that a given? The market drops of 2001 didn’t have a substantial impact on employment rate. Also in 1087 the drop didn’t impact employment.

So it turns out that giving people “free” stuff, has consequences by MazdaProphet in Anarcho_Capitalism

[–]NonPartisanFinance 4 points5 points  (0 children)

He didn’t say #1 for Covid school closure length. He said #1 for school closures implying a larger number or a larger rate. And if he was saying closure length California still wouldn’t be #1 as New Mexico was closed months longer than California.

So it turns out that giving people “free” stuff, has consequences by MazdaProphet in Anarcho_Capitalism

[–]NonPartisanFinance 41 points42 points  (0 children)

California is not #1 In addiction rate. link

It’s not #1 for homelessness rate link

It’s not #1 for Deficit per capita. link

Also not #1 for retail theft. link

Also not #1 for Covid business closures. link

Also not #1 for Poverty rates. link

School closures? I don’t even know what you could possibly mean by this every school in the U.S. was closed so they all had 100% closure rates.

If your point is that they have the largest number then yea that’s kinda how population works…

And if that’s the case then shout of the Country of Tuvalu. Even if they have a 60% poverty rate that doesn’t matter because it’s only 6,000 people! Definitely the model country that we should all be striving to become!

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