Energy Secretary demands Energy Companies increase oil supply but wants them shut down

What is the White House willing to give in return?

O&G has nothing to lose in keeping supply the same.

The cognitive dissonance in that quote is wild.

Just think, two and a half more years of this.

this video of her from last October is fricking great

LINK

For this group, there is no objective truth - only their own subjective truth. We can wave a magic wand and transition over to "renewable" energy. I think they are either truly deceived assuming that their policies are not destroying the economy or they are purely evil.

Chairman Mao said that politics is war without bloodshed and war is politics with bloodshed. Why would anyone who has grown up in the United States want to allow for political power (read government) as the mechanism for the allocation of economic decisions and resources? The free market creates the best decisions and it completely undermines any prejudice. In a market economy, sales go to the best, most faithful steward, entrepreneur, business or restaurant. The market rewards wisdom and punishes foolishness whereas the government rewards foolishness and punishes wisdom.

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They want the oil companies to go broke by investing all their money when they arent making any profits, and then they will use regulations to close them down and put them out of business. These people are nuts.

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there FIFY

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I mean damn 4% more isn’t going to make a difference.

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Do the math on that. You would be wrong, its substantial in economics.

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They want the oil companies to invest, produce more, and then close down. These people are nuts.

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No. They just live in a complete fantasy land devoid of human nature and reality.

Immediately upon taking office the majority party (i.e. Democrats) sought to decrease domestic production in an effort to move towards "clean energy". Unfortunately, that pain in the arse called reality got in the way, because while the powers that be could take action to decrease supply, they could not decrease demand. Thus, the supply has to come from somewhere. That somewhere is "petro-dictators like Putin".

So now that their absurdly unrealistic policies and made them incredibly unpopular, they want the big, bad, greedy oil companies to increase production...but not at a profit. Of course, we all know people go into business for purely altruistic reasons...not to financially enrich themselves.

Trump was FAR from perfect. But I also don't recall the US being "under the thumb of petro-dictators".

The move to "alternative energy" sources is fine...and welcomed. But it is a process. The technology has to continue to develop to make such a move efficient and affordable. Human beings just didn't all of a sudden invent a computer that can make phone calls, perform complex processes, take photos, etc. The first computers were massive and very limited machines.

In Democrat world these tremendous changes in technology should happen instantaneously (relatively speaking) in response to their latest "existential crisis". The country should just snap their collective fingers and run homes, cities, states on wind and solar power. A mother living in a small town making $35k a year with one child to support should immediately buy a $60k EV...even though she (a) doesn't have the money to do so and (b) the town in which she lives doesn't have the technology yet to support such vehicle efficiently. Of course, when you have "leaders" whose platforms exist only in a world of theory rather than reality you get incredibly stupid decisions

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so we don't have to be under the thumb of petro-dictators like Putin

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I think the US should become a "petro-dictator".