Post #3649567

2026-07-07 11:51 UTC

"Big Oil is planning to make a bad situation worse, because more fuel burning means bigger bucks. A recent surge in profits, thanks to high oil prices driven by wars in the Middle East, including Iran, is going to be followed by a splurge in investment in new wells. A new analysis shows petroleum companies are racing one another to extract more oil and gas from the ground." https://www.theguardian.com/environment/2026/jul/07/big-oil-companies-profiting-fossil-fuel-global-climate-change

Replies (1)

@NMBA@mstdn.ca 2026-07-07 13:25

@CelloMomOnCars@mastodon.social Extract as many profits as possible before unfortunately becoming bankrupt and unable to clean up the mess. Albertans already can't make enough royalties from oil to pay for the socalialized orphan wells, so will either leave the toxic sites or the taxpayers will pay to clean them for the next century. Sheep to slaughter.

Open ##3649566