• yesman@lemmy.world
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    7 days ago

    The problem is that the oil companies don’t want to. The real timeline for actually producing oil is like ~10y. And who knows what demand will be in 10y. Even if they could magically transport it out of the ground tomorrow, oil is already cheap and pushing it down would bankrupt half of Texas.

    America is an energy exporter, the days of “addiction to foreign oil” don’t apply anymore.

    • brucethemoose@lemmy.world
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      7 days ago

      Perhaps the plan is to drive up demand with war, non-petro power rollbacks, cutting emissions regulation, and datacenters?

    • Tar_Alcaran@sh.itjust.works
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      7 days ago

      They know one thing: Trump’s support won’t last 18 weeks, let alone 18 months, let alone any real timeframe.

      And the US produced more oil than Saudi Arabia, Iraq and the UAE combined in 2024. You can probably add Qatar and Oman on that pile too for 2025…

    • village604
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      7 days ago

      That’s kinda the US’s MO. Destabilize a government so the corporations can profit.

      • Tar_Alcaran@sh.itjust.works
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        7 days ago

        The last few times, at least the corporations showed a real interest. This time, the US government just kind of assumed.

        • village604
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          7 days ago

          That we know of. It’s absolutely within the realm of possibility that Big Oil bribed Trump to do so.