Comments by "Aaron Okeanos" (@AaronOkeanos) on "Trump in shambles: Domestic oil production hits ALL TIME HIGH under Biden" video.

  1. I think one puzzle piece should be added to complete the picture. Drilling oil in the US is a little more expensive than elsewhere because of terrain, type of deposits, cost per workhour, etc. If the world market prices was too low drilling was not profitable enough. The industry fought that by introducing automation. 61% of the workers lost their jobs, not because of less drilling or "green energy" but simply because they were made redundant for profit.
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  2. Automation. The industry killed 61% of the jobs by automation to reduce costs and increase profit at the same time.
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  3. It should also be noted that the US oil industry is cheating the market somewhat because they get a lot of subsidies which offsets potentially higher costs of drilling ... all funded by the taxpayer. Making the rich even richer.
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  4.  @rack9458  Well the oil industry we talk about here.
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  5.  @rack9458  I'm no expert. Ask them. But apparently there is something to it when a noticeable number of people complain about losing their job while the drilling amount even increases.
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  6.  @rack9458  From a newspaper article from last year.
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  7.  @rack9458  Maybe the fact that I not use Twitter or Facebook is somewhat reassuring. But to be honest it was not just this information but that it fit so well to other pieces of information I had which not really made sense without this little nugget.
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