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Cake day: July 4th, 2023

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  • Sigh. Yes you don’t want it super low to the point of being unprofitable. Right now, with wars with 2 (two) oil producing nations the risk is super high prices. That’s Russia and Iran. No politician wants super high gas prices for obvious reasons.

    Seriously what do y’all think would happen to oil prices if Russian oil production is blown up? Prices will go up. Obvious. That’s why the US doesn’t want Ukraine to blow it up. If the US wanted high oil prices, they would want Ukraine to blow it up. But they are telling them to not. Cmon guys this is simple.







  • Trump administration officials also used emergency powers to protect coal-powered electricity generation. … The recent flare-up relates to Secretary of Energy Chris Wright issuing an emergency order to keep open a Michigan coal power plant that had been scheduled for retirement. Michigan regulators and grid officials, however, deny the existence of an emergency or shortage of power.

    The emergency order is particularly odd. Typically, the Department of Energy is responding to a request from the locality in question, but that did not happen in this case. This particular Michigan facility, the J.H. Campbell plant, had been deferring maintenance as it was expecting permanent retirement on May 31, 2025. It also had not been placing orders for coal to burn, and many of its workers had been reassigned, since everyone had expected the plant to be shut down.