Sunday, May 15, 2022 10:41:41 AM
I simply want the USA to lead again. We lost our compass gradually over the decades. Time to get our mojo back don't you think?
Right wing oil and gas pundits latest headlines put Biden's balls in a vice yet again with their headlines about cancelling offshore drilling permits in Alaska. It's easy to spoof people and pile on the pig so to speak. When in fact the truth is clear and very easy to comprehend. Oil and gas conglomerates are simply not interested in drilling these regions. These leases were set on a five year time table. Company's had five years to buy the leases. They did absolutely nothing and to this day show zero interest in exploiting the region. So, why would anyAdmin put them up for another five years??
In addition to this, all US refineries have reprioritized their product line up to Diesel, Jet Fuel, and then gasoline. Why? Because their making a lot more money currently off Diesel and Jet Fuel. Why? Because demand is down (primarily due to lockdowns in China). It's a supply and demand issue yet again. Even though the US tax payer tosses lucrative subsidies at oil and gas producers, at the end of the day they could care less what high gasoline costs do to our economy. They're going to take what they can get while they can get it as the transportation industry goes full bore into electrification.
Your points are well thought out and certainly cogent. But, they do indeed miss many points of reality. If there is such a thing as "global cabals" then the preeminent cabal would consist of global fossil fuel companies. They're not going to go peacefully. Exxon scientists knew a very long time ago that their operations were indeed contributing to global warming. They actually accepted responsibility in the public for a nano second and then reversed course to inundate society with disinformation campaigns. It's all out there and very easy to find.
Anyway, most of us are simply along for the ride.
(I'm 64 this month so I'm in the same generation as you)
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