Comment

Thursday Night Party in the Apartment: "Tokyo Night" (Vulfmon, Jacob Jeffries & Evangeline)

32
silverdolphin3/28/2024 10:28:54 pm PDT

re: #30 Love-Child of Cassandra and Sisyphus

Resource competition is forcing the hands of people all across the world.

Trump and his delusional followers think the Earth is just a big egg-like thing full of oil just ready to ooze out.

A recent video put up by The Blaze is one of those.

But in reality we fight wars, especially over oil, because resources are precious.

See Russia’s invasion of Ukraine, which among other things is a resource war, including over oil.

So contrary to the Trumpers and similar ilk, significantly increasing oil use is off the table.

The US is ramping up LNG plans significantly, and that will be doable for maybe a decade or so, until the natural gas sources (which are not so natural given what has to be done to extract the methane) start depleting faster than new discoveries can offset.

Coal production can probably increase a bit, so I fear that is a possible path.

And I will raise this here again: the Biden Administration is bragging about increasing fossil fuel production.

So while you are correct that renewable sources for electricity have grown tremendously, and now cost less per Watt than fossil sources in many areas, the conversion is still going to take decades.

But most of the carbon emissions are not over electricity generation.

Electrifying transportation is happening but there are many hurdles ahead.

Still, it think we should not give up.

We have to give future generations a slower impact of climate change than an all-out fossil-fuel addiction will bring.

I’m hoping the Biden plan wrt fossil fuels is to undercut OPEC and others, allowing our Green energy policies to eventually overwhelm them. Nobody now produces more crude oil than the US. No other country, not even the Saudis can produce 13 million barrels per day. I’d expect this to reduce the global effects of the OPEC cartel, which is good, as our production levels are greater than our consumption.

Under Biden, for the first time, we are a net exporter of all petroleum products. This puts even more pressure on the Saudis and lessens their leverage. Biden wants the Saudis off of oil and has an economic plan to do just that, Something they have signed onto.

So, if he can get that overall plan accomplished, it creates an easy path for the US to just slow producing oil, but at a rate that does not hurt other countries.

And since 70% of the oil produced goes to driving ICE, Biden’s movement of the US to EV should have a positive effect here.

We shall see.