from Hacker News

Strategic Oil Reserves Emptying Fast

by worker_person on 7/6/22, 7:04 PM with 8 comments

• by PaulHoule on 7/6/22, 7:13 PM

  It's disappointing that Biden's first instinct is to try to lower petroleum prices when we know, in the long term, we need to wean ourselves off the stuff.

  That is, high market prices for petroleum will fuel the clean energy transition without the government having to take any action.

  Biden seems reluctant to ask people to make any sacrifice at all, he's always looking for the easy way out. Perhaps he thinks asking for sacrifices is borrowing against legitimacy he doesn't have, but asking for sacrifices might work the other way: "Don't ask what your country can do for you, ask what you can do for your country."