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A specific example would be US refining capacity.

• InefficientRed 4y ago
  How so? There's no reasonable sense in which reduced US refining capacity is a problem created by "radical politicians". Is your position that oil companies under-invested in oil refineries, which are now being decommissioned due to being out of repair, because Trump was radically anti-oil? I don't think oil companies even believe that Biden will have a friendly legislature in 2023... This reeks of "something I might believe after a beer listening to a cable news channel but not something I would bet $150K on". Again, I tend to ignore what people say and simply ask: "what are you doing with your money?" If the answer has anything to do with your political emotions, well, good luck mate.
  • bequanna 4y ago
    See my other comment in this thread. Energy company execs have cited the exact things I stated as stopping them from investing in infrastructure.
    • InefficientRed 4y ago
      Execs are salespeople. Tip: that 2012 Buick with rusted out baseboards isn’t actually a good deal, and oil co ceos are also sometimes full of it. Refineries don’t fall out of repair overnight. Underinvestment is strategic, market-driven, and goes back over two decades. Politics is an excuse, and blaming a current crop of politicians for 20 years of underinvestment is prime facie bullshit.