Matthew Yglesias

@mattyglesias ↗

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Last Checked Sept. 14, 2022

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Fri Jul 29 14:00:29 +0000 2022

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Matthew Yglesias @mattyglesias

Indeed if you think about it, a successful “keep it in the ground” push to block Wall Street financing of new oil projects would lead to sky high profit margins and enormous dividends as an investment drought blocks competition. — PolitiTweet.org

The energy status quo is just extremely profitable for big oil. Exxon crushed its old profit record by $3 billion.… https://t.co/O25M7JzbhS

Posted July 29, 2022 Hibernated

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Matthew Yglesias @mattyglesias

Interestingly, it looks like in the end Summers may be wrong about the risk that inflation will wreck Biden’s investment agenda — but wrong in part because he himself was around to help salvage it! — PolitiTweet.org

Posted July 29, 2022 Hibernated

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Matthew Yglesias @mattyglesias

Warren has the centrality of competition right, exactly why as long as people are relying on oil & gas to heat homes and move vehicles we need policy to encourage new investment in these areas ;) — PolitiTweet.org

When giant corporations have all the power, they wriggle their way out of paying taxes. They gobble up smaller comp… https://t.co/MeqNTibx1I

Posted July 29, 2022 Hibernated