Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’ | President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.

www.nytimes.com

Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’

The article also has a second section on the failure of the Canadian carbon tax.

New York Times gift articles @sopuli.xyz

silence7 @slrpnk.net

2w ago

Tariffs May Make It Too Expensive to ‘Drill, Baby, Drill’ | President Trump’s tariff polices have sent oil prices falling, which may push energy companies to reconsider their plans to drill.

www.nytimes.com /2025/04/08/climate/tariffs-oil-drilling-trump.html

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11 comments

Trump crashes the US economy and deters consimer goods, especially oil. Alternative conspiracy that he's really an environmentalist? /s
- The first degrowth president
  
  Second, we already had Hoover. Trump's policies are basically a rerun of an economic approach we proved doesn't work 100y ago.
  
  Based on me reading wikipedia, in Hoover's fairness, Smoot-Hawley was mainly a congress led thing and he mainly rubber stamped it. He also introduced stimulus to help industries that he wanted to up their output.
  Trump isn't doing anything stimulus-wise (if anything the opposite by introducing huge government cuts) to aid the new manufacturing processes he's assuming will spring up overnight, and he also seems to be the mastermind behind rebranding the US as tariff-land.
  I don't know what my point is, that Trump's policies are a lot worse than Hoover's? I doubt anyone needed me to reach that conclusion to be fair.

11 comments