
The United States spends a lot on social benefits
Rick Rule
20K posts

@RealRickRule
President and CEO, Rule Investment Media LLC Views expressed are my own. Investing in natural resources and conventional financial services

The United States spends a lot on social benefits

The days of mincing words in Canadian O&G are over: “Unfortunately, while both governments have taken steps toward this critical national interest objective since signing the MOU, the pace of change has been slow, and we are at risk of letting this opportunity pass Canada by. Because of complex regulatory processes, uncompetitive carbon frameworks and fiscal systems that do not incent growth, there has not been a major new greenfield oil sands project sanctioned in Canada since 2013 and investment has dramatically declined.” oilsandsalliance.ca/news/the-time-…

For nearly 2 years, CA gas prices were stable after @CAGovernor Gavin Newsom took on Big Oil. Now, thanks to Trump’s war with Iran, prices have eclipsed $6 and continue to rise! A massive spike! And an inconvenient truth for MAGA: gas prices have risen MORE nationwide than they have in California since the start of the war. No plan. No exit strategy. And Americans are paying the price — every day.

While the billionaires get much richer, 60% of working class Americans struggle to afford food or housing. Millions are losing healthcare. Yes. The very rich should start paying their fair share of taxes. That’s why I support the California Wealth Tax on billionaires.

I put gas in my minivan and push my own grocery cart. I haven't just watched costs go up--I've lived it. California deserves a Governor who understands the stakes of the moment and is ready to fight.

Americans are using Buy Now Pay Later options to pay for needs like groceries or medical care. 54% of users said they couldn’t make ends meet without these loans. Nearly half of users in the last year were late at least once—compared to 34% in 2024. This is Trump's economy.

You can't lower gas prices by blurting out the names of a few Democrats. The administration needs to stop its crazed policies that cause so much economic pain. This is happening on Trump's watch because he doubled jet fuel prices by taking our country to war, which drove Spirit out of business. Obviously.


This is why I quit the Reagan Administration in July 1985. The supply-side charlatans were wrong then, and have been consistently, dangerously and risibly wrong ever since. You do not grow your way out of massive debt......you budget cut your way out and let growth take care of itself. If you get some extra growth from the 1.8% real GDP trend of the last several decades---it's a bonus contribution to living standards on main street and slightly less mountainous debt in Washington.

Washington’s problem is not revenue; it is spending. This is not partisan; it is arithmetic. When spending consistently exceeds revenue the result is predictable and unsustainable!



Since 1970 the British pound has lost 95% of its purchasing power. Nobody announced it. Nobody apologised for it. It just happened. Most people don't even know.


A compelling conversation on how the prospect generator model is reshaping mineral exploration. The discussion, featuring insights from Rick Rule and Jeff Phillips, highlights why this approach is gaining global traction. Key takeaways: 🔹 “Portfolio” approach vs single-asset risk 🔹 Leveraging major #mining companies for capital & expertise 🔹 Importance of management and share structure 🔹 Upside of carried interests and royalties In a sector with 1 in 3,000 odds of success, this model shifts the equation. If you follow mining or resource #investing, this is worth a look. 👉 resourcestockdigest.com/market-comment… @RealRickRule @RSDigest @nickchodge #ProspectGenerator

The oil industry has been deferring sustaining capital investment at a rate of $1 billion per day. @RealRickRule: the commodity price explosion was coming regardless of Hormuz; the war just sped up the inevitable. @DrMarkThornton @MoneyLevelsShow #MinorIssues

