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Reply to "Strategic Petroleum Reserve"
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[quote=Anonymous][quote=Anonymous]Fundamentally Biden needs to break opec That’s the only way to get the us less sensitive to oil prices that are artificially high Domestic production doesn’t work because we don’t have a state oil company I’m an oil investor -upstream firms will not pimp and drill like 2010-2020 without taking capex into account. Oil firms are consolidating and returning money to shareholders, not pumping sub marginal barrels Biden must direct the two carriers he has to launch a decapitation strike on MBS then a ground invasion to take Aramco. Aramco will become a USG asset that pumps cheap oil to flood markets. Think of it as “public option” oil. [/quote] A much better option is to break our dependency on foreign oil altogether by continuing to push for electric cars.[/quote]
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