RE:RE:Pivot on a Dime or Eating Crow? US Energy PolicyThanks Dibah420. I think what most oil bulls in Canada are missing is the fact that the so called "green" politicians are quite happy to see oil over $100.00. It means the green transition to things like hybrid and electric vehicles will see sales ramp up much quicker.
These politicians are pleased that even more investment dollars will flow to green technology and shun oil and gas and pipelines. These politicians will never provide incentives to oil and gas or to pipelines in order to fill the current energy gap. For politicians the oil and gas crisis caused by Russia is a gift from heaven since the transition to green technology will speed up and any inflation pain will be blamed on Russia not on the politicians.