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Why would they do that when they already paid for a corrupt new regime to do it for them?
by entropicdrifter 7mo ago
Why would they do that when they already paid for a corrupt new regime to do it for them?
- deleted 7mo ago[deleted]
- eru 7mo agoSlight tangent: The US is a net oil exporter. If fossil fuel companies were so influential, wouldn't we expect them to be in favour of less fossil fuel production elsewhere? Instead the what seems to be influential is the average Joe who's complaining about the price at the pump.
- mh8h 7mo agoUS fossil fuel companies also make money from projects outside US. They explore, build the infrastructure, and operate oil fields for other countries.
- eru 7mo agoMaybe. But it's not obvious that they would benefit from cheap petrol.
- anonymous_user9 7mo agoIn that case, we should definitely reserve judgement on the weird payment stipulations then. The oil industry probably hates that the government is doing this, and we shouldn't cast aspersions on them.
- fastasucan 7mo agoNot maybe, they do. And noone wants their product so expensive that people starts looking for alternatives.
- justinclift 7mo agoAt a guess, they're probably happy to encourage continued reliance on petroleum, whilst the rest of the world is switching over to renewable energy.
- b112 7mo agoIndeed. All the blather about Canadian "trade surplus" is actually oil. US companies owning that infra sell that oil under market price, to their US corp divisions. The CEO, upper execs are usually American, and so their large salaries, and all corporate profits all flow to the US parent corp. Canada of course sees some taxes per barrel of oil, and local employment, but when you remove all this, Canada has a massive trade deficit with the US Of course for this US calls Canada trade unfair. It's all smoke and mirrors.
- samus 7mo ago> in favour of less fossil fuel production elsewhere? Another slight tangent: the street of Hormuz being closed has them covered nicely there currently.
- eru 7mo agoYes, that _would_ be evidence in favour of oil interests having influence in the government. But that's also an unusual situation; and the US administration is also lifting sanctions on Russian oil at the same time.