Nicole Parsons@Npars01@mstdn.social
@ChrisMayLA6@zirk.us
It's going to get worse too.
https://www.politico.com/news/2025/08/09/trump-energy-iea-paris-00500387
https://www.politico.com/news/2025/08/09/trump-team-pushes-for-ouster-of-top-iea-official-cw-00495441
https://oilprice.com/Energy/Energy-General/UK-Restricts-North-Sea-Oil-Production-Despite-Pressure-From-Trump.html
Enron manipulated energy supply to create profitable brownouts in California. Energy deregulation is a very bad public policy because of the public corruption it incentivizes.
https://en.m.wikipedia.org/wiki/Enron_scandal
Every energy supplier manipulates supply to keep prices artificially high for profits in a monopoly, or artificially low to drive out competitors to create a monopoly.
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Nicole Parsons@Npars01@mstdn.social
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GOP billionaires adore their predatory pricing practices & fascist geopolitical storm making.
https://oilprice.com/Energy/Energy-General/Unchecked-Economic-Freedom-And-The-Real-History-Of-The-Standard-Oil-Company-Part-1.html
https://www.theguardian.com/business/2005/feb/05/enron.usnews
https://www.nytimes.com/2020/04/20/business/oil-prices.html
https://www.kqed.org/forum/2010101884358/20-years-after-enron-and-rolling-blackouts-what-have-we-learned
https://www.reuters.com/markets/commodities/us-oilfield-firms-slash-prices-mega-mergers-shrink-customer-base-2024-07-24/
https://carnegieendowment.org/research/2015/05/saudi-arabia-and-the-shifting-geoeconomics-of-oil?lang=en
https://thehill.com/opinion/energy-environment/5346938-saudi-arabia-opec-oil-market/
https://en.m.wikipedia.org/wiki/2000%E2%80%932001_California_electricity_crisis
It's getting harder to keep oil, as renewables grow
Less extortion from oil oligarchs & petrostate despots as operational costs fall for green energy.
https://www.theguardian.com/environment/2025/jul/22/antonio-guterres-climate-breakthrough-clean-energy-fossil-fuels
https://www.reuters.com/business/energy/around-90-renewables-cheaper-than-fossil-fuels-worldwide-irena-says-2025-07-22/