Post #30910 by g0177325 on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (3)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 1

Heather Cox Richardson wrote today that:

"Trump has also vowed to eliminate the Biden administration’s policies to address climate change, promising to “drill, baby, drill” and make the U.S. energy independent by increasing production of fossil fuels. In fact, the production of oil and gas hit an all-time high during the Biden administration and the U.S. exports those products, but so long as the U.S is tied to fossil fuels, it will likely always import them because the oil it exports is a different kind than it uses."

So, I ask the energy experts here if this is true. Will the result of more drilling for oil only result in exporting it, and not diminish the U.S.'s dependence on foreign oil imports?

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (3)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.