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phtrivierlast Saturday at 2:16 PM2 repliesview on HN

If it's to get access to the oil reserve, it is bad news for the shale oil industry in the USA : maybe "drill baby drill" is not feasible any more, and the only way to maintain the level of GDP is to get the oil from somewhere else.

Or it's just banking oil to prepare a war with China.

Thank FSM some AI-first is going to create fusion any time soon to power the robots solving climate change.


Replies

guerrillalast Saturday at 3:09 PM

Don't expect the administration to make any sense on this topic. The same time they were signing executive orders and blabbing about the US oil industry, they were telling OPEC to lower prices. There's no coherency to be had with them. They simply don't understand the world or trivial economics.