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Brutus_buckeye

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Everything posted by Brutus_buckeye

  1. Now, I do not have inside info on the oil and gas industry. Certainly, some can be taking advantage of this by keeping supply lower than it should be. In the short term, that is always a problem, in the long term, it will even itself out as more wells open. To your point, a lot of wells were capped or not even tapped into going back to the pandemic because the demand was not there. Now that the demand is there, there is not the urgent incentive to invest or open them up. Over time there will be. However, there is certainly some fear amongst the oil companies that if they invest in the wells to bring down the price, they may not necessarily recoup the investment on the timetable they desire. I am not going to say that gouging does not exist in certain pockets, it is not the primary driver of gas prices. as prices go up, the oil companies are going to make more money just on price inflation alone.
  2. Let's unpack the record corporate profits a bit. Would you agree that oil companies are entitled to make a "fair profit" for their services? The question then becomes what is a fair profit or profit margin? If the oil companies kept $.10 of every dollar as their gross profits, I think most people would say that a 10% profit margin is not excessive or generally unscrupulous. So, back when gas was at $2.50/gallon at 10% the oil companies would earn $.25 for every gallon of gas they sell. Now, gas goes up to $5.00/gallon, at that 10% margin, they are now earning $.50/gallon profit. it is still that same 10% profit margin which was not considered excessive when gas was cheaper but now oil companies are taking it on the chin for charging the same margin they charge when gas was much cheaper. Now assume the oil companies in the run up of prices cut their margin to 6.5% gallon. That is a pretty paltry margin by most standards outside of supermarkets. At that margin, they still earn more than they would earn with a 10% margin at $2.50/gallon. I think the majority of Americans feel it would not be reasonable to expect the oil companies to provide their product for free or at cost with zero profit after a certain level. With demand the way it is, as oil prices rise, of course the oil companies are going to have higher profits, even if they cut their profit margins in the process. I think placing the blame on the oil companies and corporate greed is generally misguided.
  3. Brutus_buckeye replied to a post in a topic in General Transportation
    Correct. It is not just the Keystone pipeline or Putin or corporate greed. Gas prices would be high if Trump were in office too. It was the combination of the pandemic and demand destruction along with the quick recovery that is the primary driver of this. Putin plays a small role with the Ukraine thing. I would say the administration bears a little responsibility for some of their forward statements on green energy causing the depression of supply, but with gas at $5 gallon, the admin's blame accounts for like $.10-25 cents of it (IMO). If you want to put any blame on corporate price gouging assign another ($.10-$.15) to the problem if that will make some people happy. So at the end of the day, after assigning blame and feeling better about the scapegoats, gas is still $4.50-$4.75/gallon. Gee I feel a lot better knowing who to blame now, lol.
  4. Brutus_buckeye replied to a post in a topic in General Transportation
    If you think price gouging is the problem you do not understand the problem. Here's a hint, it is not price gouging, it is a supply and demand problem. Let's not support politicians that pander to people's stupidity
  5. ^basic economics. You do not stimulate the economy to stop inflation. The worst thing you could do the fight inflation is to give stimulus checks.
  6. Brutus_buckeye replied to a post in a topic in Urbanbar
    Congrats
  7. Brutus_buckeye replied to Columbo's post in a topic in Sports Talk
    maybe there were a couple of other cities that passed on this document and never moved past this stage, quietly eliminating them from contention, hence the need to have the short turnover. If we did not agree in time, they would move to the next city on the list.
  8. Brutus_buckeye replied to Columbo's post in a topic in Sports Talk
    When they designed PBS in the 90s, it was shortly after the US close to the 94 World Cup so that was on their mind. Also, at that time, MLS was playing in football stadiums like Ohio State, soldier Field, Giant stadium, etc. and the thought was if CIncinnati ever got an MLS team it would naturally play at Paul BrownGiant stadium, etc. and the thought was if CIncinnati ever got an MLS team it would naturally play at Paul Brown
  9. Brutus_buckeye replied to Columbo's post in a topic in Sports Talk
    Even though Nashville's plan is further along, I still think the time table in getting it open for the 2026 WC at this point is pretty optimistic. Even if all things go right, they are still likely 18 months at a minimum away from being able to break ground on something like that.
  10. Brutus_buckeye replied to Columbo's post in a topic in Sports Talk
    It is interesting for sure. I remember reading that the Chiefs are wanting to plan for a new stadium too given the current age of the old stadium (it has received a lot of upgrades but it still is a 50 year old stadium at this point). I do not think Arrowhead was ever converted for FIFA standards either. If the Chiefs are going to push for a new stadium, would Kansas City want to invest in retrofitting Arrowhead for FIFA when it will be eventually torn down? You have to figure that their cost to upgrade Arrowhead will be much more than PBS
  11. I do not think those hospital systems are up to the same standards. Plus, this is not necessarily a patient facility but was more of a research building over the last 20 years. I think for some of the research going on, it is not efficient to reuse the building in that capacity and better to have something new.
  12. Considering who the developer’s attorney is, I would not be too worried. He is pretty seasoned around town. I would be more concerned if the developer was trying to rely on out of state counsel or out of the city counsel as some developers have in the past and have gotten their short handed to them. There are a number of out of town companies that will hire a Cleveland or Columbus attorney to represent them on a Cincinnati matter and their lack of experience in the local courthouse is quite detrimental to them
  13. I tend to think if you miss a deadline like this and cause your case to get thrown out, heads will roll. I would assume some sort of extension was given by the judge and just not published on record
  14. So, if I understand you correctly, even though it seems the developer won the last round vs the management, they are essentially quietly backing away from the project because Suder will just keep filing motions to keep it bogged down. Furthermore, given the current economic climate with rising rates and material costs, it may not make much sense to proceed anymore on the project so the developer has chosen to quietly back away?
  15. I thought the developer won the last round in court. Of course it is going to be appealed but it seems like as of now the development is moving towards getting the green light. What am I missing?
  16. Knowing him the way I do, I would like to think (and obviously do not know for sure and have not spoken with him on that matter) that he probably does not have a problem with the project but he obviously is doing his client's interest. The man has to eat after all. I think he believe in OTR and historic preservation and has developed strong relationships with the community and community leaders through the years and therefore, he almost has to take on such cases because he is the voice of the community on real estate issue.
  17. He is a big believer in renovation of old buildings and neighborhoods. He has always been. His heart is usually in the right place.
  18. CSU was never really intended as a research institution. It was a college that was to cater to the city students and offer an affordable education to the masses. UC and Akron both started with those missions but given that they were much older institutions they evolved into much more research focused schools based on the needs of the local community (Akron with the rubber companies and UC with all the engineering, design, chemical companies in the region) Wright State is another good example and more of a peer to CSU as they developed around the same time. Wright is not a phenomenal research school necessarily but it offers some very good programs given the needs of the military base nearby. CSU has always reminded me much more of a NKU type model than what you would think of as a large R-1 level research school.
  19. I thought there was plans for a med school at one time but there was a fight between kent/Akron/CSU and some of the other schools in the area so they agreed to share resources and form NEOUCOM.
  20. Of course to your point, Villanova and Duquesne would be good examples of small catholic schools who are d1 at everything but fcs in football. Both are similar size to JCU JCU would have to go D1 non scholarship in football per ncaa rules. Not sure how this would look but you have to have all the same division. Duquesne and Dayton are two examples of this thiugh
  21. I felt the same way for a long time. I do not think they could have kept up the arms spending to compete at D1 level with a football program, and football is such an expensive endeavor to maintain at the D1 level. Although Wake Forest and Tulsa are successful private schools that keep that funding up. I think the biggest difference with Carroll vs schools like Wake or Tulsa or other smaller D1 private schools are that JCU was much more of a commuter school for a long time and did not really develop into having a larger on campus presence until the early 80s. In a way JCU was very similar to Xavier in Cincinnati, except for the fact that Xavier dropped football to focus on basketball. That would never happen at JCU as they have too proud of a football history.
  22. Cleveland has always suffered from not having a top State research university in the area. Case is phenomenal, but as a private institution is limited in some areas. Case is just like Carnegie Mellon in Pittsburgh but Pittsburgh also has Pitt as a top research school too. This is what Cleveland ultimately misses. Akron is the closest thing but does not have the same pull (being in Akron) as it would if it were in Cleveland, and still seems a tier lower (maybe in perception) than say Ohio State and Cincinnati in Ohio. CSU is not a major research university, or never really developed into one if it was meant to be in that role. It is like Wright State, Youngstown State or even Northern Kentucky. All nice institutions but more commuter schools serving the local population that wanted an affordable education in the local market. John Carroll and BW are not research schools. They are good schools, but they do not bring in the research dollars the state schools or Case does.
  23. There is a difference between being cool with sexual assault and supporting the hone team. Most fans may not love Watson or recognize that he has issues but still cheer for him on game day because he can lead the team to victory. If the Browns win the Super Bowl it is good for Cleveland no matter who their QB is at the time.
  24. Is the house part of the office of the storage facility, or is it a manager housing?
  25. It will be a nice improvement from the current church that is on the parcel.