Just in case there was any doubt about what this war was about.
I’ll note that Chevron’s refineries in California have exactly the right equipment to process Venezuelan crude (it’s heavy) and have been under threat of shutting down due to depletion of oil fields in California.
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I fully expect oil companies to convince governments to tax their citizens 150% to subsidize their new oil wells, just so they can continue looking for and opening new ones LONG after it ceases to be profitable.
It’s like conservatives and democracy. They’re okay with it as long as they can keep “winning” but when they can’t win anymore, they won’t change their behavior, they’ll stop using democracy.
I’d argue we already passed that point for both conservatives (in most major countries) AND oil company profits.
The cost of dealing with fossil fuels has been far outweighing the cost of using them, and has been for many many decades. If our species makes it that long, our grandchildren’s grandchildren’s great great great grandchildren will still be dealing with our mistakes.