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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 un

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.