• AA5B@lemmy.world
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    9 hours ago

    Here’s the problem with that idea…yes, global prices could go way up, BUT

    • US has lots of oil, so won’t have shortages, just make a few obscene billionaire more obscenely wealthy. We’re deluded enough that renewables and EVs still won’t be an option
    • Russia needs to sell oil to stay in the war, and they’ll be able to get more profit
    • this mainly hurts everyone else