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6/23/2025, 3:46:38 AM
>>508408094
>It is not the US they are denying.
>The are denying China too.
US oil producers will benefit. Consumers globally will suffer higher prices.
China will definitely be impacted more than the US, but they've been steadily making moves to deal with this eventuality. For instance, they built a pipeline through Kazakhstan to the Caspian Sea, where they'll be able to receive oil from Iran, Russia and Azerbaijan.
The massive push for green energy and electric vehicles wasn't to save the planet, but rather to reduce dependence on oil imports to run the civilian economy.
>It is not the US they are denying.
>The are denying China too.
US oil producers will benefit. Consumers globally will suffer higher prices.
China will definitely be impacted more than the US, but they've been steadily making moves to deal with this eventuality. For instance, they built a pipeline through Kazakhstan to the Caspian Sea, where they'll be able to receive oil from Iran, Russia and Azerbaijan.
The massive push for green energy and electric vehicles wasn't to save the planet, but rather to reduce dependence on oil imports to run the civilian economy.
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