Pity the poor oil and gas industry. They bet big on electing Trump, and now they are being crushed by his tariffs, his moves to strong- arm OPEC to lower prices, and the chaos. Did someone say something about leopards and faces? 1/ @washingtonpost.com @evanhalper.bsky.social - ThreadSky

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rossmacfarlane.bsky.social • 2 days ago

Pity the poor oil and gas industry. They bet big on electing Trump, and now they are being crushed by his tariffs, his moves to strong- arm OPEC to lower prices, and the chaos. Did someone say something about leopards and faces? 1/
@washingtonpost.com @evanhalper.bsky.social

Comments

centristsisyphus.bsky.social•2 days ago

The pending withdrawal of clean energy tax subsidies puts 42K jobs at risk in GA alone, equal to ~95% of coal jobs nationwide.

saskboy.bsky.social•2 days ago

#FaceLeopards

rossmacfarlane.bsky.social•2 days ago

Fun fact: Energy Secretary Chris Wright's firm, Liberty Energy, has lost half its value since he joined the cabinet 2/

rossmacfarlane.bsky.social•2 days ago

Trump's policies are hurting renewables too, of course, so despite all his rhetoric of US "energy dominance" the whole sector is in trouble. 3/

rossmacfarlane.bsky.social•2 days ago

Although USDOE is promoting "Drill, Baby, Drill" memes from the Simpsons on X, the markets tell a different story. Markets beat memes every time. @axios.com @bengerman.bsky.social 4/

rossmacfarlane.bsky.social•1 day ago

Good piece from @pkrugman.bsky.social on the same theme. 5/
https://paulkrugman.substack.com/p/drill-baby-dr-never-mind

climatenews.bsky.social•2 days ago

One of the main features of Trump 2.0 is the chaotic incoherence.

theinfoaddict.bsky.social•2 days ago

Wait till the lowest cost producer SA realizes that there is no future in oil n gas and goes for market share. It's a matter of time as electrification progresses rather rapidly - outside the tariff walled US and who it can muscle along.

From https://www.iea.org/reports/global-energy-review-2025/oil#oil-demand-growth-loses-momentum

#ChineseCards

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