Friday, April 8, 2022

Hypocrisy

The hypocrisy of the left is wearing me down to the level that as soon as they start using Democrat talking points and catchphrases like “climate denier” or “existential crisis,” I start to glaze over, knowing resistance is futile. A recent discussion with an East Coast professional colleague strayed into the realm of fossil fuel: “You know,” he started, “oil is a global commodity, and if we increase our domestic production, OPEC will respond by adjusting their production down, resulting in no net change and prices will remain high.”  Really?  How exactly do you think the foreign oil gets here?  Why do you think there has been such an emphasis on pipelines?  Do you think the transport of the commodity may factor into the price to the consumer?  Why is buying local a less expensive option for goods and services?  Granted, the issue is more complex than that, but basic principles of economics still apply. Oil-producing countries may even choose to increase production and flood the market, lowering the price and squeezing the profit margins on more labor-intensive extraction methods like tar sand and fracking operations. But predatory pricing hits the predator in the pocketbook as well, and money-starved economies that rely on fossil fuel production like Iran, Venezuela and now Russia, may not have the stomach for it over the long term. Meanwhile, my liberal friend continues driving his internal combustion European sports car and his wife an SUV while living in their exorbitant suburban McMansion where an enormous flat screen TV feeds them CNN talking points from the AOC school of economics. To resist is futile. 

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