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Keyword: idiocyagain

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  • ‘Cash for Clunkers’ can cut gas prices, climate change — and Putin’s income

    05/05/2022 4:34:14 PM PDT · by dynachrome · 65 replies
    The Hill ^ | 5-5-22 | JOHN STERMAN AND DAVID KEITH
    As evidence of Russian atrocities in Ukraine mounts, the U.S. is once again grappling with our dependence on foreign oil. Although we produce more than we consume, we imported about 670,000 barrels per day from Russia last year — more than we imported from Saudi Arabia. At recent prices of $100 per barrel, that’s nearly $25 billion that fed Russian President Vladimir Putin’s war machine. The U.S. ban on Russian oil helps, but is small compared to total Russian exports. So, how can we cut oil consumption and energy costs? President Biden wants electric vehicles (EVs) to comprise half of...