УНН Economy ✎ US Energy Secretary Christopher Wright stated that America is ready to replace all Russian gas and oil products flowing to Europe.
He spent six days i…
Like I get that the US capitalist system sucks at providing reliable energy to it’s citizens, but that isn’t because of a lack of supply. The US has plenty of energy in fossil fuels, more then enough to export to Europe.
It is a supply issue. The “shale revolution” is over. Virtually all the deposits in usa are tapped and ouput is going to fall steadily for the foreseeable future. Many analysts are saying that 2024 was the peak.
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Like I get that the US capitalist system sucks at providing reliable energy to it’s citizens, but that isn’t because of a lack of supply. The US has plenty of energy in fossil fuels, more then enough to export to Europe.
It is a supply issue. The “shale revolution” is over. Virtually all the deposits in usa are tapped and ouput is going to fall steadily for the foreseeable future. Many analysts are saying that 2024 was the peak.