What azzholes in the White Hut. What fool would invest in an industry where the country's president has said "We are going to destroy your industry"? Petroleum, coal and power are among the most capital intensive industries and require a stable regulatory environment to ensure your investments will pay off in 20 or 30 years. With jerks like Biden wiping out $10 BILLION of investment in a pipeline and canceling leases, is it any surprise investment is in the toilet?
The extremely lame "We are all in this together" argument simply doesn't wash when it comes to corporate fiduciary responsibility to shareholders and wise investment decisions.
With radical greens forcing companies to adopt ESG (Environmental, Social and Governance) policies that are very anti-fossil fuel, who will invest?
Is there anything more unseemly and pathetic than the bastard who single-handedly killed the industry now begging that industry to produce more?
Leave it to the Dems to excoriate business at every turn and, at the same time, come begging hat in hand for more output.
What a shame we don't have a stellar businessman in the White House. I think we had one some time ago, didn't we?
Great Post!