Quoted: Honestly at this point I say just fucking go for it. Let’s get this party started!
View Quote
Hell yeah.
Posted: 4/26/2024 9:55:54 AM EDT
[#14]
He won’t cut oil exports, but damn sure might increase exports while cutting oil imports.
Posted: 4/26/2024 9:57:13 AM EDT
[#15]
Can you imagine how badly that would tank the markets worse than they already are?
Posted: 4/26/2024 10:06:25 AM EDT
[#16]
Quoted: Nobody is mentioning the 12,000 raging gorilla in the room. The "Climate Emergency Powers" act that is currently being considered that would give this administration unprecedented power.
Invoking a national emergency over climate change would enable President Joe Biden to unleash sweeping actions to restrain greenhouse gas production — such as banning U.S. crude oil exports, ending offshore drilling or speeding the manufacturing of electric vehicles.
But some of those steps would be politically explosive, and could even prove ruinous to his party’s fortunes by sending gasoline prices soaring. Others would threaten to alienate European allies looking to U.S. fuel supplies to ease their dependence on Russia. And any executive actions Biden takes would run the risk of falling to the same conservative Supreme Court that has already hobbled his regulators’ ability to rein in carbon pollution.