Comments by "Greg Greg" (@SlowhandGreg) on "Oil prices steady as analysts question strategic petroleum reserve release" video.

  1. OPEC is more powerful than world economies
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  2.  @americanaforever6725  there's enough land leases issued for supply for the next 30 years, the issue is more extraction a load of smaller companies went bust in 2020 when oil futures went negative and surveying and development went on hold it takes the same amount of time to start up again so 2022 The green new deal would actually save money decoupling the economy from fossil price fluctuations, couple of things I'll mention solar/wind is 1/2 the cost of fossil per megawatt hour issue currently is storage which is currently being addressed the other thing is upgrading and building houses to a passive standard. I work in the tech sector after the polar vortex incident last year decided to replace all the windows upgrade the insulation (was planning a house extension anyway) and have a log burner just in case with the improvements my autumn energy bill is down 80% and the changes will make the place cooler next summer. Yea sure I'm nearing retirement and I can afford it but 700+ people lost their lives in Texas green initiatives on insulation and glass tech could have saved hundreds of lives.
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  3. Sounds like the oil reserves need a good flush through from time to time anyway
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  4. The bulk of US oil comes from the US, the impact of a Drone strike affects world oil prices if its an emergency the POTUS would declare an emergency and probably block exports and everyone would scream communism. That's politics for you
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