PeterVonwolfentazer

PeterVonwolfentazer t1_ixq9hyt wrote

Reply to comment by PelosiGalore in Polarization around climate change is growing on Twitter. Since COP21, engagement with climate sceptics has grown 4 times faster than pro-climate content. At the same time, criticism of the COP summits as a failure has grown 5-fold. by fractalfalcon

US Oil companies stopped oil production on thousands and thousands of wells when Covid lockdowns sent prices negative. They’ve not reopened those wells in OH, PA, WV, OK and TX. Those wells are on their land and don’t need any new permits.

When asked several times on CNBC about increasing oil production to help out the US consumer a US oil CEO responded three different times with… “It’s our job to return capital to our investors”.

So you can believe some propaganda by the big oil industry group that gets regurgitated from entertainment outlets calling themselves “news” or you can piece the information together from oil execs and quarterly income statements and see what the real story is. It’s more about greed than politics.

By the way that big oil industry group put out a huge media blitz the day after the war in Ukraine started. How convenient, a war about oil pipes and the second some blood is being spilled and here’s this group saying , lift these restrictions on public lands and “NEW” permits so we can help you. Big oil has millions of acres of public land that they have already locked up that ISN’T being used for oil production yet. Permits and land but not being used. They also have those thousands and thousands of idle wells. Why as a taxpayer would we want to sell them more land and permits at todays depressed prices? Like I said above, it’s really all about greed, and their record profits show that.

11