Saudi Arabia and OPEC Reveal Surprise Oil Production Cut
- Thread starter THE_DEVIL
- Start date
No, he needs to do more. He needs to do everything in his power to encourage more drilling and the building of refineries.
I know weak willpower when I see it.
Germany sets out to do things, and they do them. We have not done anything since men went to the moon. We are a soft, lazy country.
The "New Energy Economy": An Exercise in Magical Thinking
A movement has been growing for decades to replace hydrocarbons, which collectively supply 84% of the world’s energy. Energy expert, Mark Mills, explains why replacing hydrocarbons will not meet America's energy demands.
www.manhattan-institute.org
The "New Energy Economy": An Exercise in Magical Thinking
A movement has been growing for decades to replace hydrocarbons, which collectively supply 84% of the world’s energy. Energy expert, Mark Mills, explains why replacing hydrocarbons will not meet America's energy demands.
- The Manhattan Institute is funded largely by major corporations and conservative foundations. According to the group's 10-year review, published in 1990, "by 1989, total contributions had grown to $2,113,000, 41 percent of which came from conservative and/or corporate foundations. Thirty-three percent came from Fortune 500 corporations, chiefly insurance companies and pharmaceutical and chemical manufacturers including $50,000-plus each from Aetna and State From Insurance and $15,000-plus each from Prudential, Exxon, RJR Nabisco, Philip Morris, Bristol-Myers and Pfizer. Total revenue has grown to about $6 million, according to the 1997 edition of The Right Guide. See, Chesebro, "Galileo's Retort: Peter Huber's Junk Scholarship," 42 Am. U.L.Rev. 1637 (1993).
- The Manhattan Institute has received funding from the Koch brothers. The Claude R. Lambe Foundation, one of the Koch Family Foundations, reported giving $2,075,000 to the Manhattan Institute between 2001 and 2012, the last year for which data is available. The Charles G. Koch Foundation gave $100,000 to the Institute in 2012.
Get an unbiased source.
Ok.
This is from the OECD, funded by member governments, not corporations with an economic interest in an outcome.
Its all laid out here
First two paragraphs
The energy sector poses a particular challenge for green growth given the scale of change required and the extent to which many countries are locked into polluting and greenhouse gas emitting energy sources.
Fossil fuels will continue to dominate energy supply for some time simply because they are so energy dense, societies and infrastructure have evolved around them, and due to the fact that innovation and change take time. Nevertheless, new sources of energy need to be deployed on a scale equivalent to the industrial revolution. Without decisive action, energy-related emissions of CO₂will double by 2050.
Yes and?
We have to commit to it. As a country. You know, "ask not what your country can do for you..." Remember that?
God forbid we should sacrifice anything from our materialistic karen lives.
You are naive. Then why did Biden stop the Keystone pipeline, stop fracking, slow walk oil leases, discontinue off shore drilling in may locations? Everyone knows we will need oil and natural gas for decades but the left refuses to allow the U.S. to produce what we have available here but for some unexplainable reason feel oil from the middle east, Venezuela, etc is fine. Then the left complains when Russia and OPEC lowers output. We could immunize ourselves and the world from much of this but the left won't let us.
Which administration saw the largest drop in oil well production ever? Now. Why did that happen? The answer is market forces. Other than keystone, all of the things you describe were or are being done by the market. Not Biden. There has been a huge auction of new federal well licenses. You kind of ignore that. Keystone was abjectly political but really doesn’t affect production.
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