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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (1515460)	1/23/2025 7:37:59 AM
From: IC720	3 Recommendations Recommended By Bill longz miraje Read Replies (3) \| Respond to of 1583389

FORMER President Joe Biden spent his first day eliminating America’s energy independence, while current President Donald Trump did the precise opposite. Donald Trump immediately declared a national energy emergency, stating a “precariously inadequate and intermittent energy supply, and an increasingly unreliable grid” threatens national security. America is finally leaving the Paris Climate Agreement by executive order. NOTHING has hurt the energy sector more than the climate change agenda. America was burdened by the globalist demand to eradicate fossil fuels and achieve net-zero greenhouse emissions by 2050. The sheer amount of money that has gone into this effort is astounding. Climate zealots want those in adherence to pay $5 TRILLION annually. The World Bank, the leader in climate finance, controls 52% of the total flow from all multilateral banks combined. Yet, they cannot account for $41 billion in funding, and no one can say where the money went. Domestically, the Inflation Reduction Act was America’s largest spending package in history. Biden, Yellen, and others all admitted that the core premise of the failed act was to combat climate change, but instead, they created a more inflationary environment, and nature remains unchanged. Climate change is not unlike the pandemic. It is merely a way to give unelected officials control over numerous nations, as the former WHO director explains in the video above. The push for electric vehicles has been a massive failure and the auto industry has experienced a massive downturn. Trump reversed Biden’s plan for half of new cars on the road to be EVs. The grid does not need to be electric. The infrastructure does not exist and it is wasteful to focus on something so irrelevant when America is drowning in debt. We heard the somewhat comical “drill baby, drill” comments from Trump throughout his campaign. Trump reversed Biden’s ban on gas and oil drilling projects that he implemented at the eleventh hour of his presidency. New drilling permits will be issued, especially in Alaska, where there are plans to expedite those permits. Permits for wind energy have been temporarily suspended. The energy crisis was easier to create than it will be to repair. Removing the blocks the Paris Climate Change Agreement created is a massive step in the right direction. Perhaps the Keystone XL project could be a bargaining tool in the future as Trump has certainly started off on the wrong foot with Canada. It is largely expected that these measures will be met with pushback and litigation from the left. The good news is that America can be an energy-independent nation again. Categories: Energy

To: Eric who wrote (1515460)	1/23/2025 8:28:28 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1583389

Eric, from your article: US oil drilling activity has dropped to near post-pandemic lows *due to low oil prices and cost inflation, with the rig count falling for over two years. Meanwhile, the Orange Idiot just went in front of Davos and demanded that OPEC lower oil prices: Trump urges Opec countries to slash oil prices (BBC) Trump also all but blamed OPEC for not ending the war in Ukraine ... "Right now the price is high enough that that war will continue*," he said, referring to the Russia-Ukraine war and suggesting that the higher oil price was helping to sustain funding for the conflict in Moscow. Maybe Trump wants to see $60/barrel again. (Current price is somewhere between $75-80.) However, reducing the price of oil to that level will KILL domestic oil producers. What's the point of them increasing production if Trump wants the market completely flooded with oil? As for OPEC, good luck trying to convince them to give up their market power. What's Trump going to do, impose tariffs on everyone? LOL, that's already happening ... Tenchusatsu