The article explains the fallacy behind the "the green promises" of democrats here and socialists in Europe. The belief was that if you vilified and punished companies in fossil fuel and pipeline industry while subsidizing green technology however inefficient it is ethanol..solendra, the Secretary of Energy's favorite EV company that is paying her, stupid solar panel home gimmicks . Investing in research makes sense. Subsidizing large scale boobdoggles make none.
So they believe that making fossil fuel more expensive helps their religion of Green. It is going badly.
I was talking to the father of a guy doing some landscaping who drives a truck yesterday. He picks up chickens in Mississipi and delivers them to Minnesota . The fuel surcharge on each load is 1,000.00.
.
A guy on CNBC this morning said 5% of refinery capacity had shut down, due to effects of pandemic, inability to borrow money or to meet new standards of Biden regulations on refineries.
The industry believed the democrats and ESG fund managers, and this administration's browbeating . Now Biden stomps his feet railing about profits in a boom and bust industry wanting them to exceed 100% operating capacity they are operating.
If we had allowed pipelines and All Permits associated with drilling, facilitated acquisition of materials needed in drilling, we would likely be up to 15 m brls a day. 5% more refining capacity would also be most helpful.
So they believe that making fossil fuel more expensive helps their religion of Green. It is going badly.
I was talking to the father of a guy doing some landscaping who drives a truck yesterday. He picks up chickens in Mississipi and delivers them to Minnesota . The fuel surcharge on each load is 1,000.00.
.
A guy on CNBC this morning said 5% of refinery capacity had shut down, due to effects of pandemic, inability to borrow money or to meet new standards of Biden regulations on refineries.
The industry believed the democrats and ESG fund managers, and this administration's browbeating . Now Biden stomps his feet railing about profits in a boom and bust industry wanting them to exceed 100% operating capacity they are operating.
If we had allowed pipelines and All Permits associated with drilling, facilitated acquisition of materials needed in drilling, we would likely be up to 15 m brls a day. 5% more refining capacity would also be most helpful.
Fossil-fuel price spikes are causing pain but little climate payoff
For three decades, climate campaigners have fought to make fossil fuels so expensive that people would be forced to abandon them.
nypost.com
