Big Oil is extremely conservative and long-term in its capital planning. It has gone through many feast=to=famine cycles. As Wirth says, CEOs have more faith in legislation than in executive orders.
No one is just going to “Drill, Baby Drill” for the heck of it. There has to be a financial reward. The only thing that will cause that is higher prices.
Communists hate cheap energy and booming economies.
Any large corporation prefers consistency and predictability of government positions and policies. They need it for effective long term planning. Certainly in the energy sector this is especially true. Chevon is envisioning stranded assets due to sudden drop of government support for investment in renewables.
To get to a stable multi-year energy policy that gets some minor adjustments when asministrations change, all we need to is to rid the USA of the radical Communist Anti-American Democrats.
bttt
The climate scam we’ve been propagandized about for 30 years plus has had a major deleterious effect on energy policy and, more importantly, science. It will take a while to recover.
That is fair enough.
Chevron should not have operating since 2022 in communist Venezuela.
Steady long term policy is necessary for just about any business. We don’t have it in this country. We lurch from one policy plan to another and suffer the consequences. It is downright stupid for business policy to be political.
Anti Trump troll. Go away.
Funny how they never complained under Biden.
Slimebags.
He’s not wrong.
The swings are because, by design, we have frequent elections, unlike other countries.
Our Framers’ Senate of the States was designed to provide stability in government.
Like Adam Schiff, most of today’s senate clowns are no more than three-term congressmen who can’t see beyond their next election.