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[–]SoCo[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

Oil producing is not even really a break even industry. Those pushing EV's and demonizing the lifeless corps they've left of affordable energy producers, like oil and gas producers trying to break even on their half century of investments, are the ones pushing the propaganda that anything that contradicts them is 'big oil propaganda'...while they inflict the largest wealth transfer in all of history, just before the collapse.

Yet , the naive people I know, who have bought into the EVs like suckers, have had very serious problems with weight, tires, breaks, and batteries.

[–]Bitch-Im-a-cow 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

[–]Rah 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Moo

[–]SoCo[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

That is an short outlier of artificial increase, which is hard to consider. Yet, those companies likely have decades of losses and investment to recoup, which they expect a reasonable return on.

But that year of profit those articles mention are in 2022...after Biden ruined the worldwide economy, food supply, and energy supply. Then destroying the environment, by blowing out the ocean gas line. Not to mention starting a domino effect of geopolitical tension resulting in violence, in multiple serious instances.

That kind of word instability drives the cost of necessities like oil up, along with the others. The regulatory capture that is authoritarianism and war is the only solution to desperate economic down fall for the foolish.

[–]Bitch-Im-a-cow 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Why are you making up lies to support the oil industry? What's in it for you?

The oil and gas industry have always been highly profitable. The past 10 years: https://www.statista.com/statistics/294614/revenue-of-the-gas-and-oil-industry-in-the-us/

You can probably find statistics for the past century of oil & gas profits, if you're curious. I'm surprised anyone would make up lies to support that industry, especially when we consider the destruction caused by it.