Opinion | Democrats Should Support America’s Oil Industry

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From WSJopinion: Washington can’t take the shale industry crisis lightly. The alternative is Putin and MBS in control of world energy markets and a deeper U.S. entanglement in the Middle East, writes wrmead.

As the turmoil in world energy markets continues, U.S. politicians of both parties need to remember that oil is not just another commodity.

Access to oil has been a preoccupation of military planners and world leaders since 1914, when Winston Churchill, as first lord of the admiralty, converted the British naval fleet from coal. Concerns about oil supplies, limited by an American embargo, contributed to Japan’s ruinous decision to attack the U.S. in 1941. And it was need for oil that drove Hitler to send the Wehrmacht to the Caucasus, leaving his overstretched and undersupplied forces to face the Red Army’s wrath in Stalingrad....

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 /  🏆 98. in NG
 

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opinion wrmead Shut up

opinion wrmead Shale industry lobbying the national govts for relief is not nessesarily right choice.Their issue connected to global market forces.Lobbying for more powerful global political supra national UN power,for controlling unfair competitions,is in their, national and global interests?

opinion wrmead Energy has to be bought from someone. Why choose Russia or the Middle East? Besides, U.S. energy production has provided the inexpensive natural gas that’s weaned utilities off of coal. Huge climate emissions improvement.

opinion wrmead Wow could anyone imagine a more unholy alliance. A coupling truly born in hellfire.

opinion wrmead

opinion wrmead Shift to renewables already Mead

opinion wrmead I call “cobblers”! realDonaldTrump picked fights with sanctions with 2 of the top 4 potential suppliers to favour of shale n oil sands endgame carbon polluters, Saudis+ Putin. POTUS promised Make America Great Again I didn’t realise he meant Dulles,Contras, ARAMCO & United Fruit

opinion wrmead Democrats are in to spend other people’s money and not make it .

opinion wrmead OR...invest in clean energy and weaken Putin and MBS long term

opinion wrmead 100% Seguro, Rápido, Eficiente, Eficaz. Xidiermin VACUNA y TRATAMIENTO (Anticoagulante, Antibiótico, Anti Inflamatorio. Marca Registrada y su acción), contra el Coronavirus Covi-19. Producida desde hace más tres (3) meses.

opinion wrmead

opinion wrmead no. oils use as an energy form needs to teeter off harshly. its 2020. not 1800. 2020. oil is and will always be absolute trash as a storage medium for energy. its better than coal...barely. what americans do need to support is energy that doesnt poison others.

opinion wrmead Nationalize, consolidate, compete. At least consolidate. There is no reason to act as a free market if you compete in an oligopolistic market....

opinion wrmead As long as they just want moral support, and not financial support, because them being welfare queens isn't very bootstrappy, y'know?

opinion wrmead Another 'opinion' piece by the opinion which stirs up fear & controversy. I dont believe this is the type of responsible reporting that the wsj is capable of. I encourage you to strive to have more restraint on these editorial pieces & hold yourself 2 a higher standard🙏

opinion wrmead So, the WSJ normally doesn't like socialism, except when it's a bailout for their fellow 1%'ers.

opinion wrmead Invest in renewables, oil is old dirty technology

opinion wrmead This is such bullshit. The alternative is to move away from fossil fuels.

opinion wrmead

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Outlook for private equity energy investments after oil price collapse - Business InsiderPrivate-equity firms fueled the US shale revolution with $125 billion. Now they face a reckoning of epic proportions as the oil market melts down.
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