Largest oil drop in history underway, analysts say

petros

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Nov 21, 2008
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If Green energy were a do or die looming catastrophe, nuclear powerplants would be popping up like mushrooms on a dead log.
 

B00Mer

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Sep 6, 2008
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The economy because of the CoronaVirus and Bernie Sanders, uncertainty and panic.

 

Twin_Moose

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lmao That would happen even without "green energy".

Oh the Carbon tax isn't in support for Green energy and purchasing Carbon credits from third world countries?

But if it was to support the salaries of oil company execs, Moosie'd be overjoyed.

Why would the Gov. tax support O&G exec's? I do want to see higher O&G prices, it typically would mean more exploration and development. Not with our current Governments war on the industry driving investment out of the country to the Southern US and Mexico.

I hate to say it but right now low pricing and O&G shut ins is what is needed to cripple our economy and hamper the current Gov.'s narrative and action. All gains in the Green and EV markets would be lost if fuel was at $0.60/L reflective of today's price of Oil.
 

petros

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AnnaE

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Oh the Carbon tax isn't in support for Green energy and purchasing Carbon credits from third world countries?
Limited thinking.
The carbon tax is, but that isn't the only tax they could come up with. They could call it "peak oil tax", "oil runout tax", "bad hair day tax", or whatever.
 

Twin_Moose

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Limited thinking.
The carbon tax is, but that isn't the only tax they could come up with. They could call it "peak oil tax", "oil runout tax", "bad hair day tax", or whatever.

Nope it is to combat Carbon dioxide pollutants in the atmosphere that is supposedly warming our planet to catastrophic levels. The only way we are told to combat this inevitable doomsday is to embrace Green technology and walk away from fossil fuels within 10 years or we are doomed. It can only be done in 1 of 2 ways we are told, shut in O&G forever, or reduce O&G emissions to pre 2000 levels. The way to get us to pre-2000 levels is to raise the price of fuel by inflation or tax to make it very expensive to run or fossil mobiles and buy offset credits from countries that have little Carbon pollution to even it out.

That's the propaganda behind it anyway, just ask Greta