The worst and most stupid bit is this:
Speaking to crowds on Wednesday, vice president JD Vance said US allies are “suffering from this, frankly, more than we are.”
He claimed this was because they had “focused on a lot of green energy scams and they’re hurting a lot more than we are.”
Vance continued:"As much as we’ve got to focus on getting these gas prices down, the reality is overseas they’re feeling it far worse than we did because we’ve taken the steps to protect our energy economy.
Maybe someone smarter than me can chime in… But isn’t petrol a finite resource? Shouldn’t we be planning our infrastructure for when it eventually runs dry?
A complicated question, but in short, yes, it’s finite. The amount is actually far more than we could ever use possibly, but the real limitation is accessibility. As we extract and use up the easier to get oil, it costs more to get the harder to get. At some point we won’t be able to get to oil that’s there, and what we can get will cost so much that usage will be limited.
In some cases we’ve still extracted from places that had a low or negative ROI, such as tar sands, because at the time investment was persuaded that it would pay off. Then there’s the changes that make hard to get places suddenly an opportunity, as the arctic areas might soon be.
We should be changing not because of supply, but because of what the use of oil does. But we haven’t changed in the right direction after decades of saying that.