Stupid politicians. My country relies on crude oil sales to finance 70% of its budget.
Not really wise, is it? Now the world is moving away from fossil fuels and they're all worried. I wonder how we ended up with these retards
22-25, M
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Picklebobble2 · 56-60, M
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rickfreeman15 · 22-25, M
@Picklebobble2 its all just politics and corruption. There was an issue of a government official selling an oil bloc worth $500 bn for just $1.1bn or something like that. Don't really understand the details. The 'Malabu oil deal' or something is what its called.. Its a really big one, I think the CEO of Shell Nigeria had to resign because of it. A lot of foreign investigators are on the case right now.
Picklebobble2 · 56-60, M
@jackson55 Business ! Coal producers are losing out worldwide and have been for a long time !
Christ ! Thatcher closed ALL our coal mines back in the 80'S !!!
I wonder how much the coal companies contribute to Mr.T and the Democrats too probably, just to keep their industry live ??
Christ ! Thatcher closed ALL our coal mines back in the 80'S !!!
I wonder how much the coal companies contribute to Mr.T and the Democrats too probably, just to keep their industry live ??
jackson55 · M
China takes almost all of the excess coal the US can produce. I agree with you, I think nuclear is the way to go but it's very slow moving in the US. Hydro is good too, but there hasn't been a major dam built in the US since 1969. So for the foreseeable future here it's coal and gas. Obama tried his best to kill the coal industry to promote wind and solar. And if there weren't the subsidies the green business wouldn't exist. It costs too much for the little return.
Picklebobble2 · 56-60, M
That's because oil companies put a lot of money into politics.
But politicians don't let the money trickle down to the places where it could really benefit the most folks !
But it is a fact that oil is becoming harder to find. It is a fact that America consumes WAY too much of it at a price far lower than anybody else pays for it. And having had what ?....three major oil crises since the early 70's ? Governments don't want to be held to ransom by the oil producers anymore ! Basically the rest of the world is sick of it !
So alternatives need to be found and be up and running quick !
But politicians don't let the money trickle down to the places where it could really benefit the most folks !
But it is a fact that oil is becoming harder to find. It is a fact that America consumes WAY too much of it at a price far lower than anybody else pays for it. And having had what ?....three major oil crises since the early 70's ? Governments don't want to be held to ransom by the oil producers anymore ! Basically the rest of the world is sick of it !
So alternatives need to be found and be up and running quick !
TheOneyouwerewarnedabout · 41-45, MVIP
rickfreeman15 · 22-25, M
@TheOneyouwerewarnedabout lol well at least the world still needs our oil for like 30 more years. I work as an intern in an oil company and my bosses are always complaining about how all these environmental regulations make us lose money. At least Trump pulled out of the Paris agreement
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SW-User
[c=#BF0000]Are you Canadian too?[/c]
rickfreeman15 · 22-25, M
SW-User
[c=#7700B2]@rickfreeman15 A very large portion of our economy is dependent on oil; the huge drop in oil prices a while back had a huge impact.[/c]