Retirement accounts lose trillions in stock rut

Wrong again...at least where we were with Trump.

 

JFC......1n 1978 it was at 13,426.......so lets measure from that then right ?

So even using your numbers.....production is down 10% yet prices increased 104%...........you loose AGAIN !

 

So you're saying that Exxon doesn't account for any of that compensation during the year ?

Just STOP...you're embarrassing yourself.

 

I said the top ten Execs at Chevron.....but whatever

 

Depends on the compensation, stock futures no. Just STOP...you keep digging your hole.

 

No we can stick with recent prices like before and after COVID was such a hit. Yes DEMAND is up and there is a lack of SUPPLY and refineries are shutting down because of see my sig and you have yet to state what the Biden administration is doing to get our production not just back up but meeting demands. He's off flying to the SA to beg and Macron just told him what his inept staff failed to, that SA is already at their peak.

Macron Tells Biden That UAE, Saudi Can Barely Raise Oil Output

GARMISCH-PARTENKIRCHEN, Germany (Reuters) -Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE's president.

Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to boost global deliveries that could reduce prices.

"I had a call with MbZ," Macron was heard telling U.S. President Joe Biden on the sidelines of the G7 summit, using shorthand for UAE leader Sheikh Mohammed bin Zayed al-Nahyan. "He told me two things. I'm at a maximum, maximum (production capacity). This is what he claims."

"And then he said (the) Saudis can increase by 150 (thousands barrels per day). Maybe a little bit more, but they don't have huge capacities before six months' time," Macron said.

A statement from the UAE's top energy official late on Monday said that his country is producing its assigned OPEC+ quota of 3.168 million barrels per day (bpd).
https://www.usnews.com/news/world/a...en-that-uae-saudi-can-barely-raise-oil-output

 

also if they are paying out any comp/bonuses related to a extension of a work contract/retention agreement, they could be amortized over multiple years

 

Exactly.

 

Bull during R times, Bear during D times. Its not complicated people. If you have/had money in this market and didn't play it against the blatantly obvious collapse that was telegraphed upon Biden's election then that's on you. That was your money to take care of and the party that assumed power in 2020 PROMISED to devalue it.

 

$Trillions lost? But J6! J6! J6! J6!

Gas Prices Squeezing Americans As More Rate Biden's Economy "Poor"

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It keeps getting worse, while House Dems OCD on J6! J6! J6! "More Americans than just two months ago are experiencing financial hardship from rising gas prices. Meanwhile, their view of the economy keeps worsening." Most elected Dems don't care. They are addicted to Trump Revenge Porn.

"Two-thirds of Americans say recent increases in the price of gas are causing them hardship, which is up from 52% feeling this financial pinch in April. "

"The 67% experiencing hardship is among the highest levels Gallup has found when asking this question at other times of rising gas prices since 2000. The last time it was at this level was in May 2011."

​

"Gallup Economic Confidence Index Now Lowest Since 2009
As gas prices have become more burdensome for Americans, their view of the U.S. economy has continued to dim, as indicated by Gallup's Economic Confidence Index (ECI). The index, which is a summary of Americans' ratings of current economic conditions and outlook for the economy, has sunk 13 points over the past month to -58. The index has a theoretical range from +100 if all respondents describe the economy in positive terms and think it's improving to -100 if all describe it in negative terms and think it's worsening."

Well, that's WAY below zero.

"Today's -58 ECI score represents a substantially negative skew in public opinion about the economy and is the lowest measured since a -64 reading in February 2009. At the time, the country was still embroiled in the 2007-2009 recession."

"A striking 85% in June say the economy is getting worse, up from 77% in May and only two points shy of the record high on this, from June 2008."

"Perceptions of Nation's Most Important Problem Are Steady
Currently, 40% of U.S. adults mention some aspect of the economy when asked to name the country's chief problem, including 18% mentioning the high cost of living or inflation and 5% citing gas prices explicitly. Another 13% say the economy in general is the top problem, and 1% say it's the "recession" among a handful of other aspects of the economy mentioned by no more than 1% for each."

You know what's NOT a top issue? J6 or the other things that elected Dems endlessly obsess over.

Americans were largely satisfied with the economy during the Golden Trumpian Era of rising wages, well stocked shelves and stable prices. Now we are back to the Obama/Biden levels of economic angst.

​

 

You made the claim, so please show us which Biden policy or law or EO reduced refinement of oil ?

 

Retired and made sure I was keeping 40% in cash and safety. That's 10 years of supplementing my social security letting the rest ride it out in my already conservative investment side. Had a session with one of my advisers last week and said there were no holes to fill no recommendations there was really no where else to go. They are having lots of younger active investors talking about real estate and rental property funds and spyders and such but they are seeing a peak in home prices and with interest rates rising the time for that could be long passed.

Negative GDP last quarter and it's not looking better. The proclamations last week by the administration are looking even more absurd, surely their internal economic advisers were bracing them for this.

 

See my sig and his statement of policy he would pursue. The higher leasing cost, the higher royalty fees. And that does not include the moves to get banks to stop financing new exploration and drilling.

I have given you an answer over and over now point me to the policies of the Biden Administration to increase production and refining HERE, domestically. He's about to crawl on his knees to the Saudis, even though another foreign leader had to inform him it will be for naught, why is he attacking our oil companies here and not working WITH them to produce and refine more HERE?

 

Again, please show us the LAW that was signed to do any of these things.

What "new exploration and drilling" are you referring to ? Are you referring to the 12,00+ leases that are already allocated that they aren't drilling on ? You keep claiming he's hurting these companies, yet their making record profits. So in your world 5+5=2

Saying that he supports alternative energy sources, is not hurting the current sources. You still keep screaming about Bidens "policy", claiming that it is hurting an industry that is announcing record profits every quarter....your rhetoric doesn't match the facts

 

Doesn't have to be a "law" Presidents don't pass laws it's his executive orders and initiatives and the spending he got passed and project cancellations and anti-business regulations which I have listed I have no further obligation to continue to list them.

Now tell me what Biden has done to increase energy production HERE ball is in your court now. And your "record profit" claims have also been addressed.

 

I have given you the numbers about production and profits and policies. Awaiting your rebuttal.

 

Then it should be EASY to show us those orders....go ahead and produce them....

Theres no ball in my court, YOU made a BS claim now back it up with actual bills, EO's or ANYTHING !

So your saying that the Oil companies aren't producing record profits right now ?

https://www.americanprogress.org/article/these-top-5-oil-companies-just-raked-in-35-billion-while-americans-pay-more-at-the-pump/#:~:text=The top five oil companies,profits in just three months.

 

Hopefully some will or all will learn to stay clear of DNC hucksters in the whatever future they may still have!

 

I have shown them over and over and you ignore when I show and just demand they be shown again. But here I will give you another one.

Biden’s Raid on the Permian Basin
A new ozone decision would force less drilling in America’s most productive shale reserve.

President Biden and his aides keep saying they’re doing everything they can to produce more oil and gas in the U.S. Apparently they think Americans aren’t paying attention, because his Administration keeps making rule after rule to throttle production.

The latest comes from the Environmental Protection Agency, which has announced it may soon deem parts of the Permian Basin in Texas and New Mexico in “non-attainment” with its ozone standards. Green groups last spring petitioned the EPA to do this to effectively force curbs on shale fracking. The Permian is currently the most productive, and cost-effective, oil shale reserve in the U.S. It accounts for 43% of U.S. oil production.

“The EPA’s process could interfere in the production of oil in Texas which could lead to skyrocketing prices at the pump by reducing production, increase the cost of that production, or do both,” Texas Gov. Greg Abbott wrote Mr. Biden this week. “Your administration’s announced action is completely discretionary. Thus, you have the power to stop it.”
https://www.wsj.com/articles/the-ep...gency-ozone-11656109324?mod=opinion_lead_pos4

But they have now been forced to open up more federal land as announced today. Glad they, as opposed to you, have seen the errors of their policies. We can only hope there is more and the policies as I have posted previous and this new one are stopped and he fires his entire energy and economic staff of advisors.

But let me guess you have nothing to show where prior to today he had done nothing to increase our supply and will simply demand I repeat post.

 

Heres the problem you have.....Biden never did this. AND, on april 15th they literally restarted leasing federal lands.

SO AGAIN, how is he impacting prices for oil that are set by OPEC ?

 

About half of my gold is now worth more than I paid for it. Which is really just due to inflation of course, but I still wish I had bought more.

 

And you were wrong, the top 28 pulls less than 400 million.

 

Um... it is currently in the works. Again, why would the EPA do this at this stage of our inflationary bubble?

New Regulations In Permian Could Deter Drilling
By Julianne Geiger - Jun 24, 2022, 6:00 PM CDT

 

Total comp including options was over a billion....