History is repeating itself. Here’s another fossil fuel energy crisis…

@helenS That's as maybe but petroleum is far more than just a source of petrol and Diesel oil - and the lubricants that their cars use.

@Uhohuhoh So may as well conserve it for future generations. I wish Canada would do this instead of destroying the country trying to sell it to everyone else.

@MisterBander conserve it by going green and using less ?

@Uhohuhoh If it costs too much to extract, leave it where it is, some day it will be worth more than gold.

@TheOneyouwerewarnedabout POTUS' friends in fossil fuels are raking in billions!

@samueltyler2 im just pissed albo and charmers can now blame some crap in iran for 10 years of shithouse policy and bankrupting us with the green new scam.

sorry folks. its all trumps fault..

phew

@TheOneyouwerewarnedabout our economy was booming partly BECAUSE of the move to green the environment!

@Prison1203

LOL!!

You are confusing basic economics and it shows!!

Governments do not make more than oil companies in any meaningful sense. You are lumping together completely different things and pretending they are comparable😂

Taxes on fuel are largely paid by consumers at the pump, not by the oil companies themselves. Companies collect those taxes and pass them on. That is not profit. It is not even their money.

Oil companies still report massive profits after costs and after taxes. Those profits go to shareholders and executives. Government revenue goes to public spending. Comparing the two is like comparing ticket sales to a cinema’s profit and claiming the audience is richer than the studio.🤦🏻‍♂

Your argument only works if you ignore who actually pays the tax and what profit means. Once you understand that, it falls apart immediately.

This is basic stuff you missed fella 🤭

@Waveney I’m comparing facts , sorry they don’t teach you those in Britain

@Uhohuhoh A good point.

@ArishMell before I get called a Marxist I am not against all capitalism. But this market is not working

@Uhohuhoh I agree. I think there are some things private enterprise can do well, and others best kept in public ownership, although under the conditions that the Government does not try to manage them and that the Treasury does not take too much of the operating profits (those should be used for investment).

There may be a case for our own country's (not foreign) pension-funds and the like holding minority shares in them, but without executive power.

@jshm2 wrong

@samueltyler2 The whole thing appears to be charged up with ideology, in the US. Green, sustainable energy is seen, by many, as leftist crap, and "real Americans" drive "real cars".

@helenS And carry guns.

@ron122 true I have an ev and solar panels. But why should I brag when a lot of my country is suffering high energy prices thanks to your illegal war? Unlike you, I think of others.

@Waveney Stop lying you did brag that you were saving money.

@ron122 yes I know. And I am. But I still think of others