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You do realize these licenses take years to materialize? Oil companies use any crisis to get more rights in the future. Biden can use wartime production laws t
by aaomidi 4y ago
You do realize these licenses take years to materialize?
Oil companies use any crisis to get more rights in the future. Biden can use wartime production laws to force oil companies to produce more.
Oil companies right now just don’t want to produce more. It’s not that they can’t. They have no reason to do more work to make less money.
- leereeves 4y agoWhy would oil companies invest in production when the politicians plan to phase out oil in the near future? Infrastructure is expensive and takes a long time to break even. And what investments they do make, like the Keystone XL pipeline, are blocked by the government. Would you invest in that?
- aaomidi 4y agoNo I’d just force them to increase their production now. This is why critical infrastructure being private property is fucking insane.