☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 2 years agoThe US Needs to Refill its Dangerously Low Oil Reserveswww.bloomberg.comexternal-linkmessage-square13fedilinkarrow-up115arrow-down11file-text
arrow-up114arrow-down1external-linkThe US Needs to Refill its Dangerously Low Oil Reserveswww.bloomberg.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 2 years agomessage-square13fedilinkfile-text
minus-squareRonin_5@lemmygrad.mllinkfedilinkarrow-up0·2 years agoDoesn’t really make sense since the US is now a net exporter. If they really need oil, they can just sell less.
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up0arrow-down1·2 years agoThat would work with state owned industry, but US has a private oil industry that’s going to sell oil where it’s most profitable.
minus-squareRonin_5@lemmygrad.mllinkfedilinkarrow-up0·2 years agoIf things get bad enough, the gov will intervene, as they have done many times before.
Doesn’t really make sense since the US is now a net exporter.
If they really need oil, they can just sell less.
That would work with state owned industry, but US has a private oil industry that’s going to sell oil where it’s most profitable.
If things get bad enough, the gov will intervene, as they have done many times before.
Likely