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The US is self-sufficient in oil because it developed the tech to do fracking of the oil sands, it's nothing to do with Iraq.
by nvm0n1 3y ago
The US is self-sufficient in oil because it developed the tech to do fracking of the oil sands, it's nothing to do with Iraq.
- oblio 3y agoEurope could be self sufficient in oil and gas (we're constantly finding new reserves in EU/EU associated territory), it just doesn't want to dig those up because it's hugely destructive for the environment.
- cman1444 3y agoIsn't Norway a massive producer of oil? And I think they're quite environmentally conscious. Also isn't Germany burning coal at record rates right now? I'm not totally buying the argument that Europe is just abstaining from easy production for environmental reasons.
- oblio 3y ago> Isn't Norway a massive producer of oil? Yes, of oil and gas, and they're not producing as much as they could, for environmental reasons. They're holding off on production. > And I think they're quite environmentally conscious. They are, they could produce more. Similar story for the UK and the Netherlands with North Sea gas. > Also isn't Germany burning coal at record rates right now? Not record rates, standard rates and declining very slowly (2023 is actually better than 2022, shown here): https://en.wikipedia.org/wiki/Electricity_sector_in_Germany#/media/File:Energiemix_Deutschland.svg https://en.wikipedia.org/wiki/Electricity_sector_in_Germany#... They did mess up the transition with the early decommissioning of nuclear power plants, corruption is probably to blame.