Oil losing value, someone remind them that selling their bag holding oil stocks is a good play.
Comment on Republicans are pulling out all the stops to reverse EV adoption
exanime@lemmy.today 6 months agoRemaining rich depends on them not believing climate change
arin@lemmy.world 6 months ago
SaltySalamander@fedia.io 6 months ago
If anything, oil is increasing in value. It certainly isn't losing it.
arin@lemmy.world 6 months ago
Less demand=less value. More electric vehicles=less oil
UnderpantsWeevil@lemmy.world 6 months ago
There’s an enormous amount of money in renewable energy and battery manufacturing. That’s why Texas leads the nation in wind farm power and Atlanta, Georgia is getting a $4.3B investment at its Hyundai electric vehicle plant.
But there’s also a ton of legacy infrastructure that generates enormous revenue streams. If you’ve just invested billions into our rapidly expanding oil pipeline network
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You’re not going to want us to give up on mineral extraction across the American northwest or central plains.
AngryCommieKender@lemmy.world 6 months ago
Comrades, it’s time to follow the example of Rico Rodriguez! Oil pipelines were made to be blown up! Along with military vehicles!
dumpsterlid@lemmy.world 6 months ago
Alright buddy so you want to burn it down and cause utter chaos just cause you don’t like how things are going?
Well, when you put it that way it actually sounds a lot like the US military/government! You too should be friends!
…or are you only interested in blowing up pipelines in rich countries where the correct oil companies and defense contractors already own everything and are making money hand over fist?
Why would you hurt the soul of America like that? It would be like burning down Fenway or smashing the liberty bell to bits. Those poor executives would have to go home to their families and explain through tears and sobs that the halcyon days of shitting on the future of humanity for the next 15,000 years are over, and that consequences for the ruling class have officially arrived.
shudders what an awful thought!
AngryCommieKender@lemmy.world 6 months ago
Unironically, yes.