When you can’t even turn a profit, in an industry that enables business to simply walk away and not need to pay for the mess they have left behind, why on earth would you let this industry open up more areas for drilling?
Some Republicans have exploded at Biden’s decision, saying it has been informed by radical environmentalists issuing punitive and divisive actions against Alaska. While there is no point suggesting that these politicians listen to environment and climate science; their obsolete thinking means that they are closed to learning on these issues. But Republicans like to project they are the party of business and commerce. Given Profit & Loss statements don’t stack up for the oil and gas industry, even with the subsidies and tax breaks they are offered, if these Republican politicians can’t understand this, then it is their commercial education that needs a refresh.
It is time to stop the oil and gas industry gaslighting environmentalists. Instead, they need to use all this energy to join forces to clean up their historic mess, in the US and worldwide. This must be done before they are given new opportunities, and continuing subsidies, enabling the fossil fuel industries to do further damage. We have too little pristine wilderness left in the world, do we really want the oil and gas men to get their hands on the Alaskan wilderness?
Haven’t the oil and gas companies done enough damage?