Biden’s not helping.
“Federal Oil Leases Slow to a Trickle Under Biden
The Biden administration has leased fewer acres for drilling offshore and on federal land than any other administration in its early stages since World War II, according to a Wall Street Journal analysis.”
His dislike of fossil fuels means higher energy prices and more voter anger. At some threshold, Dems will pay mightily at the ballot box for their energy policies.
I say we are at Peak China (population yes, but more importantly influence and relative power). China’s population could get cut in half over the next 80 years.
“According to joint research by her team at the university’s Centre of Policy Studies and the Shanghai Academy of Social Sciences, an official think tank, China’s population will start dropping this year. The decline is expected to accelerate in the years ahead, with the country’s population falling to 587 million by 2100, less than half of the about 1.4 billion today.
The team’s projections were based on data including on fertility, mortality and population distribution by age and gender.”
https://www.wsj.com/articles/chinas-economic-slump-bodes-ill-for-birth-numbers-11662289200
“Biden’s not helping.”
Its not just leases, there are a hundred impediments, disincentives and uncertainties that this Administration is throwing in the way of production increases.