Thoughts?
Your main source of info is forum 16?one MEEN Ag said:
Insulting that you're just now asking this when you know the answer.
First order problems:
-Job loss as federal lands become off limits to fracking (and there is a ton of oil/gas in New Mexico on federal land)
-Power plants go under with increased regulation and mandated to implement crappy 'carbon capture' technology that isn't ready for scale.
Second order problems:
-Energy prices rise, kicking off inflation throughout the globe. Travel, food, heating, electricity prices, manufacturing all suffer. More job loss to make organizations bottom lines work
-Reduced taxes for states benefiting from oil/gas federal lands
-Exacerbated rolling brown outs in california as they don't understand their peakyness of their grid, the volatility of removing baseline production from the grid
Third order problems:
-Media points to increased inflation/energy prices as a reason to pass legislation like the green new deal. Where we roll out more renewables without any regards to the grid, jobs, american global trade negotiations.
-China exerts monopoly over rare earth metals that are now replacing oil/gas in the transportation sector.
-America can't keep the pressure up on Uighur humanitarian crises and IP theft because China owns everything (see what China is doing to australia with blocking coal imports since they dared speak out)
-America rejoins the Paris accords and hands over US tax dollars to third world countries who wont do a damn thing to address climate change.
Since it seems like you voted for Biden, GFY.
one MEEN Ag said:
Insulting that you're just now asking this when you know the answer.
First order problems:
-Job loss as federal lands become off limits to fracking (and there is a ton of oil/gas in New Mexico on federal land)
-Power plants go under with increased regulation and mandated to implement crappy 'carbon capture' technology that isn't ready for scale.
Second order problems:
-Energy prices rise, kicking off inflation throughout the globe. Travel, food, heating, electricity prices, manufacturing all suffer. More job loss to make organizations bottom lines work
-Reduced taxes for states benefiting from oil/gas federal lands
-Exacerbated rolling brown outs in california as they don't understand their peakyness of their grid, the volatility of removing baseline production from the grid
Third order problems:
-Media points to increased inflation/energy prices as a reason to pass legislation like the green new deal. Where we roll out more renewables without any regards to the grid, jobs, american global trade negotiations.
-China exerts monopoly over rare earth metals that are now replacing oil/gas in the transportation sector.
-America can't keep the pressure up on Uighur humanitarian crises and IP theft because China owns everything (see what China is doing to australia with blocking coal imports since they dared speak out)
-America rejoins the Paris accords and hands over US tax dollars to third world countries who wont do a damn thing to address climate change.
Since it seems like you voted for Biden, GFY.
No worries. Get yourself worked up over what ifs. I will continue to make a great living in the O&G field that was supposed to collapse under Obama and now under Biden.one MEEN Ag said:
Trolling sock account made last week wants to ask obvious questions about OG after the fact.
You can join em.