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To: daniel1212
The problem that we have is NOT with net petroleum production,
but rather, in refining the petroleum, in spite of government and "Green Energy" restrictions.
The only thing that is "transitional" is the intransigence of government regulations.
Bloomberg Financial said last week that there will never be another petroleum refinery built in the USA,
due to government regulations, poor sustainability and financial investment forecast.

4 posted on 06/30/2022 6:23:38 AM PDT by Tilted Irish Kilt
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To: Tilted Irish Kilt
"Bloomberg Financial said last week that there will never be another petroleum refinery built in the USA, due to government regulations, poor sustainability and financial investment forecast. "

While The senior vice president and chief strategy officer at Exelon predicts there will be no new nuclear plants built in the United States. Because of the plants' size and security needs, the costs become prohibitive.

Only a decade ago, nuclear reactors were cash cows. But a combination of low natural gas prices and a boom in solar and wind power has rendered them unable to compete in states with price competition for power. Five of the country’s nuclear plants have shut down in the past decade. Of the remaining 99, at least a dozen more may close in the next. ...The average American operational nuclear plant is 37 years old. -https://theconversation.com/the-demise-of-us-nuclear-power-in-4-charts-98817
List of cancelled nuclear reactors in the United States..By the end of the 1970s it became clear that nuclear power would not grow nearly as dramatically as once believed. This was particularly galvanized by the Three Mile Island accident in 1979. Eventually, more than 120 reactor orders were ultimately cancelled[2] and the construction of new reactors ground to a halt. - https://en.wikipedia.org/wiki/List_of_cancelled_nuclear_reactors_in_the_United_States

7 posted on 06/30/2022 6:37:58 AM PDT by daniel1212 (Turn to the Lord Jesus as a damned+destitute sinner, trust Him who saves, be baptized + follow Him!)
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