United States domestic oil production has hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders.
As long as oil remains economical, countries will continue to use it.
There is no chance in hell China, the US, or Russia cuts oil usage because it would give their enemies an advantage.
Anyone who thinks reducing their own carbon footprint has any impact is ignorant to the world they live in. These nations would burn every last drop if it remained economical.
As long as oil remains economical, countries will continue to use it.
There is no chance in hell China, the US, or Russia cuts oil usage because it would give their enemies an advantage.
Anyone who thinks reducing their own carbon footprint has any impact is ignorant to the world they live in. These nations would burn every last drop if it remained economical.
Isn’t China hitting peak oil next year because of their EV transition?