Re:U.S. Oil Output Tops 12M Barrels a Day for First Time
by jorge-d on Tuesday July 02, 2019 @11:18AM
(#20335953)
The thing is that oil industry is actively lobbying the legislators to block any legislation that would reduce the demand.
Most people want to improve the environment. They way to do that is not legislating in controls on production because then we just import from ME and pay to secure shipping routes in that region. Instead, legislate in incentives to reduce demand (electric car subsidies etc.).