kitten corner: crude analysis
curses, oiled again.
jeez you guys, it’s kind of amazing that this didn’t work…
maybe we need a bigger can next time?
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jeez you guys, it’s kind of amazing that this didn’t work…
maybe we need a bigger can next time?
No posts
Is there a legitimate reason not to produce more petrochemicals from USA’s own resources, while at the same time, importing more (assuming it’s available for import)?
If there is, I can’t see it. I’ll bet I’m not alone.
The administration is paddling into very dangerous waters. The US people must have the same & other questions. Answers must be forthcoming. Right now.
Drawing down the strategic petroleum reserve is also reckless. There isn’t a war in the Gulf, for example. Reducing that reserve ahead of what could be long drawn out shortages from deliberately bad policy is actually frightening. Does Biden intend to run the tanks dry & seeing rationing introduced?
Saudi… meanwhile, is buying Russian oil at a discount, and selling their own at full price. Saudi has no need to increase production and would be stupid to do so. They are not stupid.
Of course the US could buy oil at a discount from Russia, but… or even use it’s own oil, but…
The only Countries in the World (Sri Lanka excepted) with a looming energy crisis and inflating motor fuel prices are the USA & its NATO vassals. Take that Putin!