Of course they can. The government can legally prohibit exports of anything at all and they routinely do. In the case of ASML, they are legally free to export to China, but they would then come under US sanctions themselves.

Because AI is increasing rapidly and is a dual-use technology with military and cybersecurity applications.

It's not currently a massive threat, but the writing is on the wall.

Yes, some refineries are setup for heavy crude, but we can make all of the products we need from light crude. For economic purposes, because the infrastructure already exists for the heavy crude, it makes sense to continue importing it, but the US is a large exporter of refined products too. We have a huge surplus.

It is not misleading at all. Like I said in my original comment, it is nearly impossible for it to go up quicker, and none of it has the slightest thing to do with the US President.

Lots of oil producers went bankrupt during the pandemic. And wells that are shut-in are difficult to restart. They're literally cemented with hundreds of feet of cement that has to be re-drilled. In many cases, these wells have been re-sold to new companies, and had to be re-drilled. This stuff takes years. The US has zero spare capacity sitting around, which is very different than Saudi Arabia.

On the topic of the petroleum storage, *of course* he should have sold the oil. It would be unimaginably stupid not to. The strategic oil reserve was created was created in the 1970s in the wake of the Arab Oil Embargo, when the US was an oil importer. Today, the US is a massive oil *exporter*, of both crude oil and refined products. (We do import some crude for economic reasons (e.g., no pipelines on the West Coast, some refineries need a heavy crude), but we are 100% completely and totally energy independent in every way.

The Strategic Oil Reserve has absolutely zero national security purpose today. It's *only* purpose is price stabilization. Trump did the right thing filling it to the brim when oil prices were low. Biden did the right thing selling oil when prices are high. There would have been no point at all to Trump buying oil when it is low if we weren't going to sell it when prices were high. That is the single and only purpose for the reserve in 2023. We have massive private inventories of oil all over the country, because we are massive exporters. There is no other need for the reserve.

It's not like we have the ability to just turn production on and off. Wells that are shutdown take a long time to come back online. They shutdown due to the pandemic causing a collapse in gasoline demand. Biden took office Jan 20 2021:

Jan '21: 11.1 million bpd
Jan '22: 11.5 million bpd
Jan '23: 12.5 million bpd
Sep '23: 13.2 million bpd

This didn't just start. Production has been increasing throughout Biden's presidency.

Because this is an industry trend, not the result of presidential action. Just like the decline in Production (which happened entirely under Trump) was the result of the pandemic, not presidential action.

Sure, I generally do take several, I'll definitely take my annual influenza shot, of which I've probably had 25 in my life, I'll definitely get some Tdap boosters soon. I've got a couple more for Hepatitis A and B. I'll certainly have my daughters take their 2-3 HPV vaccines fairly soon.

Why do you want to be a disease-ridden 17th century peasant?

The reason Food & Energy aren't included in Core CPI is because they are extremely volatile, and the result of supply and demand imbalances, not underlying inflation.

As it happens, we just had _massive_ deflation in energy prices, with energy prices falling by 40% over the past year. Oil prices were $122/barrel in July 2022, and $70/barrel in July 2023. Now, oil and gas prices are on their way back up again, as this is a highly volatile sector.

The real inflation rate is below 3%. The only reason it still reads at 3% is because housing is a lagging indicator, and there was significant housing inflation in 2021/2022. The core-ex-shelter inflation rate has shown no inflation for over a year.

LOL, I'm always amused by people that think they know what they're talking about.

Inflation ended over a year ago. The most recent read was an annual rate of 3.2%, but even that is overstating the actual rate, as CPI lags housing significantly.

Note that the fact that prices are still significantly higher than 2020 does not mean there is still inflation. Inflation is the rate of change, and it is now completely normal.

Prices are not going to go back down to 2020 levels, and indeed, it would be a disaster if they did, and we don't want them to do that.

Exactly. That's why rent in downtown San Francisco is so cheap, not some of the most expensive real estate in the world.

Oh wait.

> honestly, every time I hear you, I feel a little bit dumber for what you say. Because I can't believe that — here you've got a TikTok situation. What they're doing is these — 150 million people are on TikTok. That means they can get your contacts, they can get your financial information, they can get your emails, they can get —

Imagine going on an attack like this, calling someone dumb, and then being just completely and utterly wrong yourself, and not just wrong, but wrong in a way that betrays you have not even the slightest idea what you're talking about.

It's incredible, cringey, and deeply embarrassing all at the same time

No, it sucks. I used to be bored all the time. I haven't bored since 2007.

I'm experiencing this problem on my iPhone 14 Pro, and my battery "Maximum Capacity" indicates 93% of the original charge - but there is no way in hell that I'm getting anything remotely approaching 93% of the original charge.

I can't quantify it, because I didn't save any data, so I have nothing but my anecdotal evidence to offer, but I would guess I get maybe 60% of the original capacity.

I got this phone in November, so it's been a pretty rapid degradation.

This is the single best way to fund this.

What we want is carbon capture. The Department of Energy is going to buy products made with captured carbon, based on the weight of the carbon. There is literally no better way to do this. This is the perfect, most market-friendly, most-textbook-economics way to accomplish that.

I guess the 230 million people that subscribe currently have found enough content to justify it, and Netflix is not nearly as affected by the writer's strike, as much of their content is produced outside the United States, and is unaffected by SAG-AFTRA.