What’s happening to oil has little to do with #coronavirus.
Russia and Saudi Arabia are trying to destroy each other, and hurting America in the process. And they are both happy with that.
Neither country is our ally or friend.
Another hedge on this oil price war would be Venezuela which has the world’s largest oil reserves. But they’ve stopped being a player years ago. #SocialismKills
The Saudi will produce up to 12 million barrels a day to drive the price down to ~$20. Unprofitable. But being state-run industry the Kingdom will offset losses with liquidity.
Russo has none. America does, but imagine the politics of a bailout.
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Let’s accept 100% prima facie all the data and “experts”. Sea level rise. Global temps. CO2 levels. All of it. No debate. I buy all your science…
Your “solutions” don’t address the stated problem at all. Let’s look:
Think of our “gluten intolerant” friend. To stop gluten intake I no longer eat bread. I eat bagels.
Logical?
The greens wants to end fossil fuels, but we use more fossil fuels to make renewables to make electricity than if we burnt those fossil fuels directly. What’s the win?
We’re not using FEWER fossil fuels going green. We’re using fossil fuels DIFFERENTLY. Worldwide oil, gas, coal consumption is up year over year, not down.
So why is “going green” the hill to die on? It’s illogical.
Even more so… renewables are made from fossil fuels. Huh.
The @SenSanders@RepJayapal “free college for everyone” bill was not introduced last Congress when democrats controlled both houses.
They did it now so it WONT pass the House and dems get to campaign against evil Republicans.
Congress is full of petty children playing games.
What about high utility bills and soaring food prices? Your ER has an hour wait with 150 illegals ahead of you. Crime. Fentanyl. All ignored.
Congress is too busy drafting faux legislation to score political wins for their campaigns. Your needs are only in their way.
Senator @SenBlumenthal who lied about combat in Vietnam wants “comprehensive immigration reform”. This is legislation he could have introduced in the last Congress when he had the numbers but did not.
Now he gets to talk about “racist republicans” using illegals as pawns.
Missing from the article are anyway real energy numbers.
Mammoth claims it will produce 1.5GW electricity after $1.5billion “investment” grabbing 13,000 acres for solar panels made in chinese slave camps. That’s enough to power 275,000 homes. Let’s go:
Lafayette averages 187 sunny days a year. It averages 20 inches of snow.
So right off the bat, the truth about green capacity truth is exposed. This field will never- never- produce more than 50% of its promised capacity. Here’s more: bestplaces.net/climate/city/i…
13,000 acres (Manhattan is 15,000 acres) to produce 500MW of electricity. How many acres is needed for metro Indianapolis a population of 1.8 million?
How much more farm land needs to be confiscated until it works? Both Incalculable and impossible.