Not having moved to renewables more aggressively, the world is held hostage to Big Oil profiteering and it’s failure to drill years ago on its millions of acres of leases…

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Big Oil is seeing record profits. And, for Montana Senator Steve Daines and Congressman Matt Rosendale, “New oil and gas fields take years and even decades to come into production, so even if companies begin to expand their exploration immediately it will not reduce current prices.” More from The Guardian:

https://www.theguardian.com/environment/2022/mar/10/oil-and-gas-companies-are-looking-at-a-bonanza-from-the-ukraine-war

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