Submitted by sriracha_Salad t3_ybj4h9 in RhodeIsland
gusterfell t1_itihl7t wrote
Reply to comment by mpm4q2 in Can anyone explain Ashley Marie Kalus's energy policy? by sriracha_Salad
How exactly do the Republicans plan to get the oil producers to "pump more," when they're currently making record profits by not pumping more and driving up the price?
Oil companies are currently sitting on dozens of unused drilling permits that they could act on tomorrow with no change in government. They have no desire to "pump more."
mpm4q2 t1_itiinmu wrote
Btw, those permits are unused because there is no oil there. Just because you have a permit doesn’t mean that there will be oil to drill there!!
gusterfell t1_itim1pe wrote
That's absurd. Why would anyone go through the permitting process to drill on land without oil reserves?
Regardless, that doesn't answer the question of how the GOP would get the oil companies to drill more and flood the market, reducing their own profit margins in the process? Seems pretty hard to do without some of that nasty government regulation.
argument_sketch t1_itimo66 wrote
Republicans are always against regulation because they don’t care about our future. As long as we’re all fat and happy with our low oil and gas prices, they don’t care that our children and grandchildren will grow up with the destructive results of climate change.
How about I throw all the toxic waste I produce over into your yard instead of disposing it properly for more expense? Because if you wanna stop me, that’s OVER-REGULATION!
I’ve never seen anybody more shortsighted than a republican
mpm4q2 t1_itim5nu wrote
That’s not how it works my friend.
Hot-Cry920 t1_itjacb2 wrote
Then why does biden take credit when gas prices come down??? Guys all over the place
mpm4q2 t1_itiig1x wrote
Now where did you hear that? Boy some people believe anything they are told. The oil companies will drill and produce more if they know the administration won’t interfere with more over regulation. It’s hard to get investors when the president says that he wants to put them out of business!
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