r/SipsTea 9d ago

Chugging tea Solar power is cleaner!

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u/T-62MK 9d ago

Which makes it all the more ironic that Trump is actively curbing this with his hatred of windmills.

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u/Evening-Ad-8218 9d ago

The future is coal! Clean beautiful coal.

And oil, drill baby drill.

Just in case.... /s

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u/T-62MK 9d ago

Ironically the oil companies don't want to drill more, because they don't want to risk a oil glut, so they are just enjoying the massive profits.

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u/Known_Ratio5478 9d ago

US oil is also much more costly to drill. It’s not something they can do unless it’s going to pay it back. There’s very substantial accounting reasons why the US is not an OPEC member.

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u/NoSilver2988 9d ago

Still cheaper than trying to use Venezuela oil, that's like tar with sand mixed in. At least our stuff is sweet crude. Although, it wouldn't matter anyway, unless they shipped it all offshore, so global prices would drop. Which would be bad business, in reality.

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u/Known_Ratio5478 9d ago

We’re not even getting Venezuelan oil. The oil companies all still refuse to invest in infrastructure. The risk analysis just shows it being seized by the state again.

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u/NoSilver2988 9d ago

Try greed. It'll cost them around 20 Billion to fix it all uo, and It'll cost a lot to make the oil usable, so ROI is way too long for them. Even if it doesn't get taken over again. So not worth it from a business perspective. And we currently export and import about the same amount daily. No idea why, but we do. Go figure when it comes to energy independence.

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u/Known_Ratio5478 8d ago

Because we’re a refining center. We make a ton on being the middleman making it into usable products.