Former President Donald Trump had bragged about his success in opening the region to oil production after decades of political fighting over the resources locked under the tundra there.

  • luckyhunter@lemmy.world
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    1 year ago

    maybe, maybe not. They certainly aren’t going to try to develop better methods and technology to drill there if there’s now no chance to do so. Financially I don’t mind $5 gas, I’m sure many people will mind though. I have a problem with conflicting government polices to both fund the fight against Russia, and also ones that will directly fund Russia to fight.

    • frezik@midwest.social
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      1 year ago

      Policies aren’t causing high gas prices. That’s the whole point, here. The industry isn’t interested in developing new wells for reasons other than government policies.

      The countries now buying Russian oil are the likes of China and India. US production isn’t going to be fueling either of them.

      • luckyhunter@lemmy.world
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        1 year ago

        a lot of countries are buying Russian oil not just those 2. many of them backed off on the boycotts already and signed some agreement to buy russian oil, but only at “below market rates” to make themselves feel better.