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Get rid of oil in a rapid fashion, and we go the route of Venezuela. Getting rid of oil is the goal of the current Administration. They are having some success
by worker_person 4y ago
Get rid of oil in a rapid fashion, and we go the route of Venezuela.
Getting rid of oil is the goal of the current Administration. They are having some success by making it difficult as possible.
Now we have a huge mess from it and elections are coming up, so goal is to blame oil for the problems caused by the Administration.
If you want to get off oil because you believe it's bad for environment. That is a respectable position. But there is a huge political price to pay when the poor in the country are suffering now from it.
- whatever1 4y agoThe poor will be also starving when we will not be able to produce crops due to extreme weather. Climate disaster is around the corner and we need to act yesterday. With our current approach it seems that we screw the poor both today and in the future.
- jthrowsitaway 4y agoHow do you support your argument that the current administration is being effective in killing off oil? We are still a net exporter of oil [0] and crude oil production is about where it was at in late 2018. It took a dive during COVID-19 and has been recovering since. 0 - https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mttntus2&f=m https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=m... 1 - https://www.macrotrends.net/2562/us-crude-oil-production-historical-chart https://www.macrotrends.net/2562/us-crude-oil-production-his...
- worker_person 4y agoYou're joking right? He has been killing off pipelines, suspending leases, increasing regulations. https://www.cnbc.com/2021/01/27/biden-suspends-oil-and-gas-drilling-in-series-of.html https://www.cnbc.com/2021/01/27/biden-suspends-oil-and-gas-d...
- jthrowsitaway 4y agoMy question still stands. We're near ATH of oil production and are a net exporter. Sure, the Boogeyman wants to kill oil, but has he been able to do that with great success in 1.5 years as president?