51–60 of 88 posts
Are they wrong? I would say they're right, oil is in fact vital to global security.
No they definitely aren’t wrong at this time. Don’t know that it requires an ad campaign though.
Earlier quoted context omitted.
Right now, most container sea traffic is going around Cape Horn rather than risking the Red Sea. China is working on the Belt and Road scheme to move container traffic from China to Europe to rail.
Isn't rail shipping far more expensive than, er, ships? Also, good luck getting anything from China to Europe via rail without going through either Iran (the Middle East) or Russia (not exactly on friendly terms with Europe at the moment, to put it lightly).
I know almost nothing about these places, despite an Azerbaijani coworker, so this may be unrealistic for other reasons.
The most unfortunate thing about oil in the US will be that these companies will eventually go bankrupt and tax payers will be left to clean up the environmental mess the leave behind at the wells.
It's interesting to see the perspective divide. The other perspective I often see is generational, The Boomers are out making tons of money ruining the environment and Gen Z+ will have to spend their lives undoing the harm caused.
Earlier quoted context omitted.
Isn't rail shipping far more expensive than, er, ships? Also, good luck getting anything from China to Europe via rail without going through either Iran (the Middle East) or Russia (not exactly on friendly terms with Europe at the moment, to put it lightly).
I was thinking that, but on the map at least there's the possibility of Turkmenistan-Caspian-Azerbaijan. I know almost nothing about these places, despite an Azerbaijani coworker, so this may be unrealistic for other reasons.
Earlier quoted context omitted.
Right now, most container sea traffic is going around Cape Horn rather than risking the Red Sea. China is working on the Belt and Road scheme to move container traffic from China to Europe to rail.
Isn't rail shipping far more expensive than, er, ships? Also, good luck getting anything from China to Europe via rail without going through either Iran (the Middle East) or Russia (not exactly on friendly terms with Europe at the moment, to put it lightly).
I can imagine year 2060 when there is a magnetic rail link between Asia and Europe. Only some commodities like wheat go through Suez.
Earlier quoted context omitted.
Exactly! People want Green energy resources to be slashed? I'm all for it, once we spend roughly the same amount of time and money we've dedicated to developing oil. Between wars to secure oil, excessive industry tax breaks, etc, I wouldn't doubt the cost to get oil to where it is today is in the tens (if not hundreds) of trillions of dollars.
Please list the oil industry tax breaks. Other than expensing certain expenses (shocking) they don’t really exist in the US
https://onlinelibrary.wiley.com/doi/full/10.1111/ropr.12369
> Most states have maintained methane release exemptions from these taxes through either statute or administrative discretion between 1960 and 2000, although a few have allowed some form of pricing. Two state legislatures have explored applying these taxes to methane releases on multiple occasions since 2000, amid expanded shale era output and growing public concern about climate and air quality impacts. Steadfast production industry opposition, rather than technical feasibility, emerges as the primary factor leading to rejection in these cases. Even when framing releases as a conventional air contaminant or as permanent loss of a nonrenewable natural resource, states largely continue to exempt flared or vented methane from severance taxes.
Are they wrong? I would say they're right, oil is in fact vital to global security.
No they definitely aren’t wrong at this time. Don’t know that it requires an ad campaign though.
Are they wrong? I would say they're right, oil is in fact vital to global security.
No they definitely aren’t wrong at this time. Don’t know that it requires an ad campaign though.
(If the slogan was 'Gradually Replace Oil', almost everybody would agree, there'd be no excuse to block roads, throw paint around though, and earn attention and social media cred, though)