Skip to main content

The Unites States of Petrol...


I was noticing that the choice of an Exxon executive as Secretary of State meant the US was leaning towards becoming a petro-state, and mused about how war would increase Exxon's profits. Then, Rick Perry was suggested to head the Department of Energy. An idiot from an oil state heading a department usually tasked with concerns about defense, with significant control of nuclear resources.

A loose prediction:

  • Action: Voiding the Iran deal, and well as conflicts, or even outright military action, in the mideast.
  • Action: Dismissal of most climate concerns, and the purging of staff in, and the ruination of, departments devoted to science and the environment, except as it serves the existing oil and military agendas
  • Motive: Disrupting oil flows will increase the value of oil, which will lead to excess profits from refiners, and increased profitability of extraction companies in North America


Comments

Post a Comment

Popular posts from this blog

It Started With a Jolt: How New York Became a Tech Town

#1 When a city is dominated by one industry, particularly finance, that can spell ruin for its inhabitants. Good for the wealthy and the people in the industry, mediocre for many others. Tech might smooth things out a bit, but there is no reason we need to give anything to a behemoth for coming here. Many are already make NYC home. Although not the only one, NYC has some of the best universities, many top-tier companies, pools of talented people, and the best cultural amenities. There was no reason to kowtow to a behemoth to come here. NYC is big and innovative, and it will stay big and innovative for the foreseeable future. Tech was here before and will it be here after, without being dominated by a single company. https://www.nytimes.com/2019/02/22/technology/nyc-tech-startups.html?comments#permid=30741436 #2 Why we would we want to be a tech town or any kind of single-industry town? Why would we want to trade one harmful kind of industry, finance, for an equally bad indust...
Post a Comment
Read more

Polls Show Government Shutdown Is Eroding Faith in Economy

It's obvious that much economic sentiment is simply political allegiance, although even that has some fact-based reasoning behind it. When Republicans harm Democratic-leaning states or focus on the industries of the Rust Belt, Democrats worry. Conversely, Republican worry when the newer industries common in Blue states are given prominence by Democrats. That said, little that Trump has done is good for the long-term welfare of the country, and much of the short-term benefits are really long-term losses, specifically, the reductions in taxes which will likely entail future belt-tightening, loosening of corporate regulation will lead to future costs for healthcare, environmental cleanup, and consumer debt. Rather than play the safe hand of trying to bring down an inflated market, Republicans instead chose to 'put out the fire with gasoline'. Eventually, there will be pain, suffering, and loss, but who will suffer, and by how much, is yet to be seen. As for outright ignorant...
Post a Comment
Read more

The Misadventures of an Idealistic Restaurant in Cut-Throat New York - Response

Consumers need to bear the brunt of a decent wage, mandated by law, a sufficient living one, and when enacted across the board, prices rise such that we are paying adequately. If left to individual restauranteurs it will always be a race to the bottom... https://www.nytimes.com/2018/12/21/nyregion/the-misadventures-of-an-idealistic-restaurant-in-a-cut-throat-city.html?comments#permid=29866833
Post a Comment
Read more