Matthew Yglesias

@mattyglesias ↗

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Last Checked Feb. 15, 2023

Created

Sun Sep 11 14:40:20 +0000 2022

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Matthew Yglesias @mattyglesias

Biden’s agenda right now has three big pillars — the rapid jobs recovery from Covid, the western alliance against Russia, and landmark climate legislation. Stabilizing short-term oil prices is the glue that can hold that legacy together. — PolitiTweet.org

Posted Sept. 11, 2022 Hibernated

Preceded By

Matthew Yglesias @mattyglesias

Thanks to innovation, technology, the IRA, the IIJA and other measures we can see a way clear to a post-oil global economy. And that’s good. But it naturally means there’s a reluctance to make risky investments in oil even as oil prices are a crucial short-term economic issue. — PolitiTweet.org

Posted Sept. 11, 2022 Hibernated

Followed By

Matthew Yglesias @mattyglesias

But failing to do it can also make the whole structure collapse. When oil was spiking, Biden looked dead in the water. Then it fell and Dark Brandon rose. We need to hedge now against future bad luck — guarantee that prices won’t fall too much to prevent them from spiking. — PolitiTweet.org

Posted Sept. 11, 2022 Hibernated