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STRATEGIST: There's a decent chance the US government will bail out the oil industry

Discussion in 'Energy, Environment, and Policy' started by tigerade, Jan 14, 2016.

  1. tigerade

    tigerade Member

    May 14, 2013
    STRATEGIST: There's a decent chance the US government will bail out the oil industry - Yahoo Finance

    Are you freaking kidding me? There is absolutely no way this should happen. If Congress even considers sending a dime of bailout money to the Oil Industry, I will be calling and writing my congressmen in protest. And I am not that politically active. We need to use that money to move to renewable energy ASAP. The Oil Industry has done much to hold back progress towards that and has spent millions of dollars on denying science and lobbying congress in their favor. There is no way a bailout would be acceptable.
  2. Rockster

    Rockster Active Member

    Oct 22, 2013
    McKinney, TX
    Don't fear. Tensions between Saudi Arabia and Iran will soon turn into war and send the price of oil skyrocketing again. With billions of dollars to be made overnight, I'm sure there are various entities in the world working behind the scenes to help make this happen.

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