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Reply to "$7/gallon gas is coming"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The RED wave is coming. [/quote] Perhaps, but I could also see this going the other way if Alaskan drilling/Pipeline/etc is all released under Biden and a democratic White House and Congress, under an "Energy Independence" ideology. If he's smart, Biden should do exactly that and pull the rug from under the Republicans' feet. It's exactly what they've been fighting for all along, and they'll just have to bite their tongue when Democrats get the credit. The left-wing and environmentalists will be furious, but with a looming world crisis, they'll take a back seat. Or they should. - Environmentalist, but not at the expense of geopolitics. [/quote] You are not an environmentalist if you don’t advocate for renewable energy sources. Geopolitics follows climate, not vice versa. That has been the case for all of human history.[/quote] PP you replied to. That was so obvious I didn't think it needed to be said! But I recognize that investing in renewables isn't going to lower price at the pump this year. As others have pointed out, oil prices are partly driven by expectations. We need to kill the Russian economy. It is entirely dependent on oil and gas exports. One easy gesture is to declare we won't buy their energy, and makes noises in the right direction for domestic drilling and the Canadian pipeline (which we needed anyway regardless). Win-win. The real problem isn't for the US, it's for Europe. We use very little Russian oil. Some European countries are extremely dependent on Russian oil and gas. We need to help them. There's a stealth deal trying to happen between Iran and Europe. We cannot stand in the way. We're reaching out to Venezuela. We're playing nice with MBS in Saudi Arabia (vomit, but it's for the cause). Can Europe make up its oil and gas needs from elsewhere without driving up prices to politically non-viable levels??? That is the question. Russia is like a pitbull that won't open its jaws off Ukraine. All the sticks and stones won't make it budge. What it needs is a bullet to the head, and that comes when Europe, which is Russia's largest client by far, refuses to buy. [/quote]
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