U.S. May Have Only Five Years of Oil Left

Our handling of energy has been among the dumbest series of policy decisions in U.S. history. And now in the house budget bill, they have a $100 a year tax on hybrid cars, and want to get rid of the tax credit for buying them.
Oil is a dwindling resource. It also is largely controlled by countries we don’t like, and the technology that comes with clean energy will be worth trillions in the future. So what do we do? We let China take the lead in clean energy development, double down on that dwindling resource with “drill baby drill” which leaves us still dependent on the crazies in the Middle East, Russia and Venezuela, and now going so far as to even disincentivize it moving forward.
I just can’t even fathom how we elect leaders this dumb.

 

Don’t worry. Donald Dumb is playing 3D tiddlywinks with the future of America. All part of the plan to get back to the good old days (as in the 1700s when we run out of gas).

 

^ All of this.

Our response to 9/11 should have been a $0.10 annual increase to the federal gas tax. (Still might be under EU prices in such a scenario.)

But we just elected a guy whose sum plan for reducing inflation was drilling more oil. We are indeed an Idiocracy.*


* But we (the majority of us) are also just silently watching another round of big debt-addition in order to have tax cuts. Truly Idiocracy.

 

Take a drive through Alabama, Mississippi, Louisiana and Texas. You will understand very quickly (unless you are a minority, then I recommend you NEVER going to any of those states...at least by yourself).

 

Or we could tax the hell out of the fixed base operations that fuel the private jets of folks like Al Gore or Nancy Pelosi.

 

Skeptical. We have been talking about peak oil since the 70’s. The shale revolution changed. Drilling is down. All the lower 48 conventional plays and shale plays got their talking points from IPAA and are parroting to the street. It’s propaganda? Feels like this is all scare tactics to open up Federal lands and Alaska. Maybe that is the right answer. Whatever happens, it won’t be bi-partisan and it will be a cluster. Only the military can force the hand. An energy policy that the military says has to happen will course correct.

 

Notice to @coleg
Exactly why did you give me an off topic rating. Read the thread title or the first post or the sentence from the first post I quoted and please explain why my post was off topic.

 

lol, this is so dumb.

In 2022, Americans used about 135.73 billion gallons of gasoline, including 134.55 billion gallons of finished motor gasoline (about 368.63 million gallons per day) and about 0.19 billion gallons of finished aviation gasoline.

Use of gasoline - U.S. Energy Information Administration (EIA)

 

One hell of a democrat you are, let's tax the hell out of the poor and middle class but the millionaires are free to fly around in their private jets because they don't use much fuel anyway.

 

Taxation changes behavior. A lot of poor people smoked cigarettes before we started taxing the hell out of them. We should be moving away from burning oil in cars for energy independence, health, and climate reasons. Seems like pretty good reasons to change behaviors.

 

Glorious thread!

It highlights how broken and triggered the violent, hate driven left has become in the US.



Just an FYI:

The U.S. has significant oil reserves, both proven and technically recoverable. Proved reserves are estimated at around 48.3 billion barrels, while technically recoverable resources are estimated to be much larger, potentially exceeding 160 billion barrels. Additionally, the U.S. has substantial oil shale resources, estimated at 800 billion barrels.

 

1) As fully explained in post 9, the amount is insignificant. 2) Those folks with private jets are not going to be deterred by an increased tax- they have money to burn. 3) Ludicrous to assert that the only Democrats are to blame 4) "Private" jets are nearly all corporate owned, and are mostly business n nature. So the entire premise you made to conserve dwindling American oil by bringing up the Dem. waste of "fuel the private jets of folks like Al Gore or Nancy Pelosi." was not correct, relevant or useful so therefore off topic.

 

It wasn't supposed to be a solution to the problem you posted. It's just a dig at two Democrats, completely ignoring our current commuting president, who flies approximately 2,000 miles a week with a very expensive, tax-payer funded, entourage.

 

If folks really wanna start a political feud on it, this is from a few years ago but doubt much has changed.:

https://www.autoremarketing.com/ar/...are-liberal-voters-more-conservative-at-pump/

 

not sure I believe this

 

Solution is here: GIGA TESLA