luckyhunter @ luckyhunter @lemmy.world

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2 yr. ago

Right, and gas prices are high now, so we should be expanding domestic production right now. I don't mind $1 gas from importer oil either, but when in rome...

I'm not replying to to everyone posting the same thing multiple times, they can read the original response if they'd like. Have a great day as well.

Most Americans have 401k's which are invest broadly, including the energy sector.

I'd gladly pay a little more for gas knowing it came from a north american oil well than have the blood children working in african cobalt mines on my hands.

that's not an option. Every barrel of oil not extracted here gets extracted from somewhere else with far fewer regulations like Russia, or Nigeria

Drunk Nancy Pelosie is the current representative of California's 11th congressional district.

Oh I know. Production takes time to ramp up no matter where it's located, some areas a just easier than others. Its a known energy reserve, well I guess technically not now that drilling is banned, So energy expansion and production will just continue to expand elsewhere. For global political, and environmental reasons it would be best to expand in the US if possible and not the middle east, russia, china. People cheering this decision don't understand that the oil will just come from dirtier, more evil places.

Fossil fuels are fine, but yes I agree more nukes would be fantastic.

Oh i'm not in Russian oil, I'm in US companies. I think BP has done just as well though. Investing in dictator run countries is certainly too risky for me too.

No thanks, I've got way too many dino juice burning toys and vehicles to switch.

Drunk Nancy, the current representative of CA 11th resigned recently? I'd also take a stuttering president over a brain dead one, but I guess we'll have to hope the Republican nominee wins next year for that to happen.

Yep, that's because the major oil buying nations realized they couldn't survive without buying some Russian oil, and signed an agreement to only buy it for I think it was exactly 25% under current market value. So if this war ever ends I'm sure Russian oil will rebound. If countries had stuck to their promise to never buy Russian oil it would be way lower than that.

and Nancy, and Biden, and Dianne...

Yes I understand, It would be more efficient to use more US oil since in general it's predominantly the "Sweet" type meaning a higher density of fuel, but even tar sands can be made into fuel too.

Heck yeah it is. I moved a bunch of money into oil when it bottomed out at the start of covid and its more than trippled. The only thing that would have been a better investment was big pharma. That being said, I'd rather that profit stay with US companies and investors than go to Russians, Iranians, and Saudis.

We were energy independent up until a couple years ago, a net exporter even. Alternatives are fine, but we aren't going to all park our gas cars for 20 years while we wait for a cheap and plentiful alternative to take its place.

Yeah but Dino squeezing are better than unicorn farts!

Russian oil does burn just as clean as our own I suppose. With a slight scent of Ukrainian blood though.

For the Saudis and Russians, sure.

That's what this move does. We can get our oil from ourselves or from them, your choice, but it's going to be one of them.