With the horrific conflict in Ukraine and hard sanctions on Russia, there’s a number of discuss of accelerating the oil provide. The one hassle is, oil corporations don’t significantly wish to ramp up that provide. After taking an enormous hit through the depths of the pandemic, the oil business is reveling on this war-fueled spike in income.
Do you actually suppose the fossil gasoline giants wish to make issues simpler and extra inexpensive for the typical client? It actually is not any shock that these gigantic companies wish to maximize their income — and hold the shareholders (and CEOs) rolling in dividends and income on the expense of shoppers.
How can they get away with that? Straightforward! Customers are hooked, and conservation is seemingly a unclean phrase. Certain, President Joe Biden needs to construct a inexperienced power future, however within the current, he needs us all to have the ability to purchase gasoline for cheaper. It’s virtually as if decreasing demand simply merely isn’t an choice. These wind farms and electrical vehicles will positive be neat, however within the meantime, we’re busy filling our SUVs with $6 gasoline.
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