Trump’s oil triumphalism will end in American tears. The US is taking a big risk by doubling down on fossils and combustion cars. It may find in the 2030s that it has achieved the worst of all worlds: left on the sidelines of the global clean-tech economy, while still dependent on imported oil.
Source: mafco
6 Comments
Oh yeah it will have massive repercussions on the future. While other countries are heading toward new sources of energy and innovations, we here in the states are setting ourselves back… fossil fuels will eventually become scarce, and whatever country can get to the next revolutionary energy source will lead in the world imo.
Agree with everything but imported oil. Why would the US ever have to import oil? US is currently a net exporter of oil and gas.
The United States is no longer the beacon it once was. Time to look elsewhere.
Trump is so incredibly ignorant. While renewables may not meet all of our energy needs anytime in the near future, they can reduce the amount of petroleum products we have to import. He’s so focused on the “woke” aspect of climate change, that he doesn’t see the national security benefits of switching to renewable energy.
They were very successful at grabbing the reigns of power but their governing skills and overall ideology is fatally flawed and steeped in hatred. These idiots are collapsing America
You’re going to need a combination of renewables and fossil fuels for at least 5 to 15 years. Trump is no oil man and he will crash the US fossil fuels with his stupid policies. Anwar in Alaska was given an estimate that oil leases would sell for $250 an acre. I believe in his tax cut bill of 2017. When they put it up for bid, no oil company made a bid. Again they’re talking about they’re going to use Anwar to raise money and I doubt they’ll get any bids this time. The big problem is they want to talk about $50 a barrel oil but no oil man in his right mind supports that because they would all lose money and have to shut down yet. These idiots and the new secretary of energy go on Fox News and rattle off bullshit like there are more restrictions on drilling in Alaska than are on trade Iran. We are dealing with a bunch of Makaveli idiots who think that telling lies is the way to solve a problem