General Discussion

jaxexpat

(7,794 posts)

32. Clearly it should.

Tue Mar 8, 2022, 11:03 AM

Mar 2022

The proposition of nationalization has been the single international political element since JD Rockefeller's reign. But sorry, the energy giants spend a lot of their resources ensuring we're distracted so as to not notice the perfect reasonability of it. Almost every "bad guy" we are encouraged to mistrust, isolate and hate on the international stage has nationalized their oil business. Nixon was dethroned when he tried to speak reasonably about energy dependence. Carter was turned into a pariah for looking a bit too closely at the details of international energy commerce. Reagan's, Bush's, Bush's and Trump's installation was blessed, vis-a-vis their opponents, by the fossil fuel industry and their status quo. Gore was denied his presidency by those same creatures.

One thing is certain, if the US were to nationalize the fossil fuel industry, electric automobiles would be dominant on the streets and sustainable energy production would power them. But is that good for General Bullmoose?

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Just a question. If energy production in the US was nationalized, what would a gallon of gas cost? [View all] maxrandb Mar 2022 OP

After the break up of Standard Oil by Teddy... Hugin Mar 2022 #1

I wonder this sometimes too and all I get is Bettie Mar 2022 #2

The price of oil is supposed to be set globally. gab13by13 Mar 2022 #3

Firstly your numbers are oddly off Leftofthefairway25 Mar 2022 #4

While they are at it, healthcare would be another great product to nationalize. Chainfire Mar 2022 #6

YES!!!!! I'd definitely be on board with PatrickforB Mar 2022 #36

Welcome to DU! KS Toronado Mar 2022 #11

One can offer up the scale BumRushDaShow Mar 2022 #12

I dont think you're wrong, but changing something like that would take decades.. Volaris Mar 2022 #5

"Gadzooks! The peasantry having access to discretionary assets!" Hugin Mar 2022 #8

Sounds about right lol. Volaris Mar 2022 #13

There's the bottom line. Hugin Mar 2022 #15

I think you're right moose65 Mar 2022 #7

Pierre Trudeau did It in Canada OneBlueDotS-Carolina Mar 2022 #9

Who knows? Really, this is a question with no rational answer... TreasonousBastard Mar 2022 #10

Because most politicians work for the wealthy corporations, not the people. Irish_Dem Mar 2022 #14

Monopolies generally charge what they want. Progressive dog Mar 2022 #16

Big oil is in the throws of not being in the cat seat... Hugin Mar 2022 #30

Citizens United makes that great idea impossible to implement for the forseeable future. Scrivener7 Mar 2022 #17

FWIW, when I worked in Venezuela during the Chavez years, their nationalized gasoline, heavily sop Mar 2022 #18

Sounds good, until one realizes a lot of Venezuleans today make $10 a month. Hoyt Mar 2022 #44

The Venezuelan economy collapsed Progressive dog Mar 2022 #47

The problem is that there isn't enough competition Buckeyeblue Mar 2022 #19

This message was self-deleted by its author Mary in S. Carolina Mar 2022 #26

All big corporations really Buckeyeblue Mar 2022 #48

as in any critical service supply / utility azureblue Mar 2022 #20

The moneyed interests who own the government The Wizard Mar 2022 #21

SO you would want a Trump appointee determining which states get fuel? fescuerescue Mar 2022 #22

It should not be a position where the president determines who will be selected, there have to be Escurumbele Mar 2022 #31

So the Prez selects the Sec of Energy SCantiGOP Mar 2022 #37

As I pointed out before, it worked in a 3rd World country like Venezuela, it should work here Escurumbele Mar 2022 #49

$120k isn't exactly going to inspire the best fescuerescue Mar 2022 #64

I didn't come up with that salary, it came from the original post which I did not write, but Escurumbele Mar 2022 #67

I guess my next question is. Who selects this person? fescuerescue Mar 2022 #72

Like the Postal administrator eh? fescuerescue Mar 2022 #63

I said "not selected by the president"...don't people read posts all the way? Escurumbele Mar 2022 #68

The postal administrator ISN'T selected by the President fescuerescue Mar 2022 #71

First, which oil company CEO makes $20-30 BILLION per year? MineralMan Mar 2022 #23

I am sure the $20, $30 billion was an exaggeration, but that is not the issue, they do make millions Escurumbele Mar 2022 #35

Ridiculous exaggerations turn arguments into ridiculous arguments. MineralMan Mar 2022 #40

I did not compare USA with Venezuela, but if Venezuela was able to nationalize oil and other Escurumbele Mar 2022 #54

"Venezuela was able to nationalize oil and other natural resources industries with success" EX500rider Mar 2022 #60

Geez...you have to READ what I wrote, I said "A SUCCESS UNTIL HUGO CHAVEZ DESTROYED EVERYTHING" Escurumbele Mar 2022 #66

So it didn't end well fescuerescue Mar 2022 #73

So all it would take is one bad leader forthemiddle Mar 2022 #74

U nailed it Cherokee100 Mar 2022 #24

Food is more important than energy SCantiGOP Mar 2022 #39

No, you regulate food to make sure it is right for people to eat. You are comparing apples with Escurumbele Mar 2022 #55

Not sure if it would be a good thing or a bad thing but what I do believe is that we should not be cstanleytech Mar 2022 #25

A fully functioning government would have made gasoline obsolete by now. lagomorph777 Mar 2022 #27

So no country in the world has a "fully functioning govt"? EX500rider Mar 2022 #61

That is a fantastic question. People don't seem to understand that we pay for those huge salaries Escurumbele Mar 2022 #28

from a purely production standpoint.... getagrip_already Mar 2022 #29

Clearly it should. jaxexpat Mar 2022 #32

A big part of the problem is predatory capitalism. Lonestarblue Mar 2022 #33

If the oil companies actually developed the leases they currently have randr Mar 2022 #34

Because capitalism Farmer-Rick Mar 2022 #38

Yeah fire department's roads and police are not socialism EX500rider Mar 2022 #52

They are socialism Farmer-Rick Mar 2022 #56

Yeah you can't make up your own definitions and have them stick EX500rider Mar 2022 #57

Yeah, you really don't know what socialism is. Farmer-Rick Mar 2022 #58

Means of production is not roads or police or fire depts. EX500rider Mar 2022 #59

You need to do some research Farmer-Rick Mar 2022 #62

Right, no evidence other then the dictionary definition you mean. EX500rider Mar 2022 #65

A definition inappropriately applied Farmer-Rick Mar 2022 #70

Energy like Healthcare Snackshack Mar 2022 #41

I'd use a lot less petrochemicals, nearly zero. usonian Mar 2022 #42

Besides the entire illegality of stealing assets from citizens the basis grantcart Mar 2022 #43

Doubt it would be a lot cheaper, if any. Plus, who'd want someone like trump presiding over fuel. Hoyt Mar 2022 #45

Less than 10% cheaper than now. thatdemguy Mar 2022 #46

I guess I am just looking for a way to try to not be held hostage to tyrants and madmen maxrandb Mar 2022 #50

America as a whole would burn thatdemguy Mar 2022 #51

If fossil fuel companies are nationalized it's a lot harder to kill them. And they do need to die. hunter Mar 2022 #53

Hopefully a very high price, to deter use Cicada Mar 2022 #69