^

We take our big stick, and softly walk the fuck away

@allgoodguy Increases the cost of oil for everyone..

Making goods based off of oil more expensive for everyone

Including US customers.

Yeah, and increases wages too

Increase wages for very few

And increase costs for everyone

So you have needless cost increases with little benefit for everyone

I'd argue overall it hurts more people than it helps.

Meaning, it's bad.

Not with the unemployment rate it is at right now. We have about as much to lose and Britain going through Brexit. It's just a change in reality.

any increase in wages is only meaningful if its taken in context with the current living costs and inflation

Trust me the economy will survive and absorb it.

Sure, but the consumer will be hurt.

Which is bad for everyone.

And the worker will benefit

Very FEW workers will benefit.

Not many.

No it does not make goods more expensive in US. It makes them cheaper. We have all the best refining and thanks to shale huge reserves we have not tapped.

I hear doom and gloom all th time. I don't buy it.

That is the fear of the media talking

Do you think goods being more expensive helps the consumer?

Think logically here.

We can break it down.

I am, the economy changes,

What's the impact on the consumer if goods are more expensive?

And I hear demogoguery of how "its still totally worth it to stay in, guys, for realsies this time"

Positive, or negative?

There is a price ceiling on petrochemicals in N. America basically. If the full cycle breakdown goes a bit over 40 we start making more.

It becomes less international, and more of an american economy.

What's the impact on the consumer if goods are more expensive?

Positive, or negative?

That depends, what was the impact of going to an international economy? Prices decreased overall, so did wages.

You've not answered the question.

It's a binary choice.

If we are going to talk America first, then by God, make it American Oil and we will still survive all of the price increases.

Again you are not getting it. Nothing that happens in the ME can negatively impact our domestic market. Quite the opposite since our shale product is so lite if we have to fill export demand gas prices go *down* in the US because of the supply of distillate.

False Dichotomy There are more than two choices.

nothing in economics is binary, like I was saying about wages

Either the prices rise, or they fall.