Breaking Point: President Trump is now seeking to eliminate all taxes for all Americans earning less than $150k a year

The truth seeker

Get Rich or Die Tryin'
That sovereign fund should be able to fund the government 45 trillion worth of natural resources using it to promote a national industrial policy Americas ranking on ease of doing business will jump to like 4th place if he does this


If you live in Texas ,Nevada , Florida , or Washington you will now be paying essential zero income taxes
 

cunug3aad

3rdchild
Kulaha No tax on tips How about no tips? Raise the wage u bums i dont even live there and im getting heated
Also isn't <=150k like 3 quarters of the usa or even more? Given how they dont seem to have plans to actually tax rich people i dunno how they gonna fund their administration what with all their tarrif wars they waging.
This is all sheeko xariir lip service
 

The truth seeker

Get Rich or Die Tryin'
Kulaha No tax on tips How about no tips? Raise the wage u bums i dont even live there and im getting heated
Also isn't <=150k like 3 quarters of the usa or even more? Given how they dont seem to have plans to actually tax rich people i dunno how they gonna fund their administration what with all their tarrif wars they waging.
This is all sheeko xariir lip service
The commerce secretary said no tax on tips or overtime


Trump wants to use natural resource wealth to fund the government 45 trillion can’t be sitting under the ground forever
 
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cunug3aad

3rdchild
The commerce secretary said no tax on tips


Trump wants to use natural resource wealth to fund the government 45 trillion can’t be sitting under the ground forever
45 trillion dollars is crazy i have to research this
The U.S. Energy Information Administration estimates in the Annual Energy Outlook 2023 that as of January 1, 2021, there were about 2,973 trillion cubic feet (Tcf) of technically recoverable resources (TRR) of dry natural gas in the United States. Assuming the same annual rate of U.S. dry natural gas production in 2021 of about 34.52 Tcf, the United States has enough dry natural gas to last about 86 years. The actual number of years the TRR will last depends on the actual amount of dry natural gas produced and on changes in natural gas TRR in future years.

Technically recoverable reserves include proved reserves and unproved resources. Proved reserves of crude oil and natural gas are the estimated volumes expected to be produced, with reasonable certainty, under existing economic and operating conditions. Unproved resources of crude oil and natural gas are additional volumes estimated to be technically recoverable without consideration of economics or operating conditions, based on the application of current technology. EIA estimates that as of January 1, 2021, the United States had about 445 Tcf of proved reserves and about 2,528 Tcf of unproved reserves of dry natural gas.

Estimates of TRR are highly uncertain, particularly in places where relatively few wells have been drilled. Early estimates tend to vary and shift significantly over time as new geological information is gained through additional drilling, as long-term productivity is clarified for existing wells, and as the productivity of new wells increases with technology improvements and better management practices. TRR estimates used by EIA for each Annual Energy Outlook are based on the latest available well production data and on information from other federal and state governmental agencies, industry, and academia.
From eia.gov FAQ page. It claims there is 445 tcf (trillion cubic feet) of proved gas reserves and 2528 tcf of unproved. Yet to find out what tcf means to me though. Therefore i ask sayyid chatgpt
The value of a trillion cubic feet (Tcf) of natural gas depends on the market price per million British thermal units (MMBtu) since natural gas is commonly traded in those units.


Step-by-Step Calculation


  1. 1 Tcf = 1,000,000,000,000 cubic feet of natural gas
  2. 1 cubic foot ≈ 1,037 BTU (British Thermal Units)
  3. 1 Tcf ≈ 1.037 quadrillion BTU (or 1.037 quadrillion MMBtu)
  4. Market price per MMBtu(varies daily)
    • If natural gas is $3 per MMBtu: 1.037×1012×3=3.11 billion dollars1.037 \times 10^{12} \times 3 = 3.11 \text{ billion dollars}
    • If natural gas is $5 per MMBtu: 1.037×1012×5=5.19 billion dollars1.037 \times 10^{12} \times 5 = 5.19 \text{ billion dollars}

Estimated Value of 1 Tcf of Natural Gas:


  • At $3/MMBtu$3.1 billion
  • At $5/MMBtu$5.2 billion
  • At $10/MMBtu$10.4 billion

Would you like me to check the current natural gas price?
To provide a weighted average cost estimate, we need to assume a reasonable market distribution between pipeline transport (for domestic/regional markets) and LNG transport (for global markets).


Step 1: Assume Market Share of Transport Methods


  • Pipeline: 70% (most natural gas is transported via pipeline)
  • LNG: 30% (some gas is liquefied for export)

Step 2: Apply Weights to Cost Estimates


Using the cost ranges from the previous breakdown:


Transport ModeLow Cost EstimateHigh Cost EstimateWeighted Contribution
Pipeline (70%)$777M$3.1B$544M – $2.17B
LNG (30%)$2.27B$7.2B$681M – $2.16B
Total Weighted Cost$1.23B$4.33B

Step 3: Final Weighted Average


  • Low-end estimate: $1.2 billion
  • High-end estimate: $4.3 billion
  • Midpoint estimate: ≈ $2.8 billion

Conclusion


The weighted average cost to process and transport 1 trillion cubic feet (Tcf) of natural gas is approximately $2.8 billion, with a range of $1.2 billion to $4.3 billion.


Would you like this broken down further by region or adjusted for specific factors?
The time required to process and transport 1 trillion cubic feet (Tcf) of natural gas depends on the method:


  • Pipeline transport (70% of gas): 1–3 years (depends on pipeline capacity, typically 1–4 Bcf/day).
  • LNG transport (30% of gas): 6–12 months (includes liquefaction, shipping, and regasification).

Weighted Average Timeframe Estimate:


Considering 70% pipeline and 30% LNG, the weighted timeframe is around 1.5–2 years to fully process and deliver 1 Tcf of gas.


Would you like a breakdown by region or a more specific scenario?
Basically the tcf itself is worth anywhere from 3 to 10 billion dollar from the wellhead, depending on the worth of gas in the market. A quick search shows that yesterday it was worth $4.4/MMBtu yesterday so through calculation the tcf is currently worth 4.57 billion dollar. However, this price is changing all the time and over the long term if this natural resource plan is continued the revenue will slowly decrease due to increased supply from the drilling and decreased demand because global warming meaning rest of the world wants to move away from gas. Peraonally I dont know how people can even support usa fossil fuel policy looking at the worsening droughts in jubaland cadey
Also this gas has to be processed and delivered before it can be used or sold, so that costs between 1.2 to 2.8 billion dollar for each tcf. Finally, it will take year and half to two years to do all of this for each tcf.

We will be using the price of 3 billion dollar per tcf out the wellhead, because likely the price will decrease a lot and this is accounted for in this mean. I am doing the mareykan a favour. This will net us about 1.3 trillion dollar worth. However, costs, and we will also start with lower costs given how over time will decrease the cost as the infrastructure becomes better, 1.2 billion per tcf costs in total 530 billion dollar. Subtraction gives us 770 billion dollar made overall!!
I am using the discovered sources only and not unproven because we don't know if that money even exists for sure, that is a knowledge only to allaah, if he wished he could lay waste to the imperial mareykan gaalo. The 2528 extra tcf would only get up to ~4.3 trillon anyway probably way lower since less use for the gas and we dunno if it exists

Still absolutely no idea where 45 trillion came from :kanyeshrug:
 

The truth seeker

Get Rich or Die Tryin'
45 trillion dollars is crazy i have to research this

From eia.gov FAQ page. It claims there is 445 tcf (trillion cubic feet) of proved gas reserves and 2528 tcf of unproved. Yet to find out what tcf means to me though. Therefore i ask sayyid chatgpt



Basically the tcf itself is worth anywhere from 3 to 10 billion dollar from the wellhead, depending on the worth of gas in the market. A quick search shows that yesterday it was worth $4.4/MMBtu yesterday so through calculation the tcf is currently worth 4.57 billion dollar. However, this price is changing all the time and over the long term if this natural resource plan is continued the revenue will slowly decrease due to increased supply from the drilling and decreased demand because global warming meaning rest of the world wants to move away from gas. Peraonally I dont know how people can even support usa fossil fuel policy looking at the worsening droughts in jubaland cadey
Also this gas has to be processed and delivered before it can be used or sold, so that costs between 1.2 to 2.8 billion dollar for each tcf. Finally, it will take year and half to two years to do all of this for each tcf.

We will be using the price of 3 billion dollar per tcf out the wellhead, because likely the price will decrease a lot and this is accounted for in this mean. I am doing the mareykan a favour. This will net us about 1.3 trillion dollar worth. However, costs, and we will also start with lower costs given how over time will decrease the cost as the infrastructure becomes better, 1.2 billion per tcf costs in total 530 billion dollar. Subtraction gives us 770 billion dollar made overall!!
I am using the discovered sources only and not unproven because we don't know if that money even exists for sure, that is a knowledge only to allaah, if he wished he could lay waste to the imperial mareykan gaalo. The 2528 extra tcf would only get up to ~4.3 trillon anyway probably way lower since less use for the gas and we dunno if it exists

Still absolutely no idea where 45 trillion came from :kanyeshrug:
 

Taintedlove

Shaqo la'an ba kuu heysaata
The commerce secretary said no tax on tips or overtime


Trump wants to use natural resource wealth to fund the government 45 trillion can’t be sitting under the ground forever
Undoing all climate change committments? China is gonna nerf America. They've heavily invested in renewable energy while America will be reliant on finite resources
 

Garaad Awal

Former African
Their deficit is already huge and they are paying interest with 25% of their total revenue. America is finished :rejoice:

Allah has answered our prayers!
 

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