Posted on 03/06/2022 6:31:47 AM PST by Conservat1
Musk's tweet calling for more fossil fuel production was retweeted roughly 20,000 times in 30 minutes
Tesla co-founder and CEO Elon Musk called on the United States to increase its domestic oil output in response to Russia’s invasion of Ukraine, while also acknowledging that his electric car company would be negatively affected by that move. "Hate to say it, but we need to increase oil & gas output immediately," Musk tweeted Friday. "Extraordinary times demand extraordinary measures."
(Excerpt) Read more at foxbusiness.com ...
I work in the refineries as a contract employee and travel all over.
The refineries ALL had to build multiple units at a cost of half a billion or so for each refinery. These operate at a cost of electrical power, cost of operating personnel and are very expensive to maintain. To continue to turn a profit and stay in business, the only choice was to raise the price.
Refineries think 8% is a good anual profit. Amazon and Microsoft make over 30% every year...
Increase domestic oil and gas production and then, just for fun, tell Greta Thunberg.
Awful big of you Elon... (spit)
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