Trump aggressively supported fossil fuels. The Biden-Harris administration focused on replacing them with clean energy. Yet, data show the US oil and gas industries still thrived under both.
I wonder why? Renewables are at an all time high, and people are starting to buy electric cars and lawn equipment. Where’s the extra demand coming from? Is it related to cars getting bigger and bigger?
@reddig33@101 The US continues to reduce its use of coal as an energy source, plus exports of LNG to Europe increased significantly as they reduced their own consumption of Russian oil.
I’d really like to know the long term affect of Biden policies ….. I hope it’s to turn this travesty around. I understand we’re currently in record “drill baby, drill” territory here but many of these are long term decisions and the article did note several limiting factors achieved by the Biden administration. Clearly it’s not helping in the short term but will it in the long term?
Given Russia’s invasion of Ukraine and the need to support allies foolish enough to depend on Russian gas, I’m even fine with an intentional temporary increase, but it’s got to be winding down and reversing asap
I don't think they've quite decided what to do. Some say that there is really nothing they can do. The problem is soft demand from China and huge US production