this post was submitted on 23 Jun 2025
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Fun fact #1: The department of energy does not control oil drilling. Sorry Donald, they can't unilaterally make it happen.
Fun fact #2: Not all oil is equal. Refineries are designed to process certain grades of oil into specific products, and different parts of the world have different grades. Refineries also often blend oils from different parts of the world to get the characteristics they need for their process.
Fun fact #3: Moving domestic petroleum products between the west coast and the rest of the US is an expensive pain in the ass. There is a distinct lack of pipelines, so you need to ship it through the Panama canal. But shipping is expensive thanks to the Jones Act. So California, Oregon, and Washington would get particularly screwed in a domestic-only oil market.
"Drill, baby, drill!" has always been an immensely stupid rallying cry, even if you don't care about the environment.
So, trepannings for everyone?
No, the DRILL BABY is like Santa Claus for the oil industry. Every year he flies through the world on a magical Halliburton frac truck, delivering new 75-foot yachts to oil executives. He uses his magic DRILL to weaken the spine of legislators in every country.
It’s a rich people holiday, not very well known.