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In reply to the discussion: Krasnov Fucked Up [View all]BumRushDaShow
(156,823 posts)43. They realized
they could "greenwash" what they were doing and feed from the trough TWICE.
But what is happening is that the "green" is being gutted (as the GOP goes through the Inflation Reduction Act that has all those energy incentives and subsidies in there), and with OPEC+ suddenly increasing their production again, they can run all the frackers out of business here real fast.
We saw the damage, albeit "temporary" when Saudi and Russia got into a production war!
I keep this image handy (April 20, 2023)-
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Yep. There was endless bullshit right wing propaganda about the US losing energy indepence under Biden
progressoid
Jun 23
#27
Kraznov does not want cheap oil, and if he did, the US petrolum companies do not want cheap oil ....
marble falls
Jun 23
#3
No. He wants to be seen as wanting cheap energy because that is what he and his noncritically thinking supporters want .
marble falls
Jun 23
#24
They create their own bottlenecks by 'maintenence' on four or five refineries at a time and raise prices over headlines.
marble falls
Jun 23
#32
Agree. I'm horrified this administration is anywhere near the Treasury with his crypto crap. Book
txwhitedove
Jun 23
#20
We were bamboozled by the oil companies into tolerating frack oil as a necessary evil ...
marble falls
Jun 24
#38
"this showed that while the easy was mostly gone there were huge deposits untouched."
BumRushDaShow
Jun 24
#39
Isn't it amazing how effectively big oil flipped that image of easy oil to no oil and then become the biggest oil ...
marble falls
Jun 24
#41
I also think he'll be sorry he chose to side with Bibi instead of putin... in regards to Iran.
liberalla
Jun 23
#19
He wants to replace the dollar with crypto. Pretty obvious but not (as usual) well thought out. n/t
Evolve Dammit
Jun 23
#29