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Alex Epstein @AlexEpstein
“the Biden administration is abusing the SPR to harm America’s oil security: depleting it when there isn’t a security threat to cover up the disastrous cost of his anti-oil policies.” https://t.co/mW0jw1McUq — PolitiTweet.org
Alex Epstein @AlexEpstein
“[fossil fuels] can make us 10 times safer from drought through irrigation and through different drought relief measures.” Watch the full interview with @DanCrenshawTX on Hold these Truths Podcast: https://t.co/HJdRDBeh4M Get Fossil Future: https://t.co/KvYDUsAy35 https://t.co/SogqOYaERL — PolitiTweet.org
Alex Epstein @AlexEpstein
“Earth is not a ‘delicate nurturer’ but ‘wild potential’ (dynamic, deficient, dangerous) and human beings are not ‘parasite-polluters’ but ‘producer-improvers’ whose impact generally produces new value” https://t.co/Z0WsbVY0cg — PolitiTweet.org
Alex Epstein @AlexEpstein
FYI I’ve been posting some thoughts about ongoing changes to Twitter. If you think any of my points are valid, please share them with Elon. (He blocked me for writing a viral article about how Teslas are good fossil fuel cars.) Clearly things are in flux and open to influence. — PolitiTweet.org
Alex Epstein @AlexEpstein
Is this accurate? Elon wanted a “free speech” platform without thinking through what it meant in practice. Then w… https://t.co/cdjJNqjZYa
Alex Epstein @AlexEpstein
Update: Elon has declared that the old verification was too problematic and must be abandoned. (Why a relatively small number of people can’t be vetted by Twitter is not explained.) As for the new “verification”… (Warning: explicit content) https://t.co/RWKB0iRD3A — PolitiTweet.org
shoe @shoe0nhead
this verification thing seems to be going great. unironically. https://t.co/HcUnKWhC3n
Alex Epstein @AlexEpstein
Get #FossilFuture: https://t.co/KvYDUsRB55 Watch the full interview with @1MarkMoss: https://t.co/WjZyo2OH1U — PolitiTweet.org
Alex Epstein @AlexEpstein
“15 years ago I had this realization that seems obvious… that energy is the industry that powers every other industry. And therefore, how cost-effective energy is determines, basically, the quality of everything else in the world.” With @1MarkMoss https://t.co/q6t7GaxBbZ — PolitiTweet.org
Alex Epstein @AlexEpstein
RT @chiproytx: Important thread. #StandUpForAmerica #EnergyFreedom — PolitiTweet.org
Alex Epstein @AlexEpstein
"With facts, logic and moral clarity, Epstein illustrates that policy makers and the public at large need to rethink almost everything they think they know about the topic. All of our lives depend on it." - @yaronbrook https://t.co/JXSqt6JpoI — PolitiTweet.org
Alex Epstein @AlexEpstein
To read this thread in article form, with references, go here: https://t.co/2U9Z9M77n8 — PolitiTweet.org
Alex Epstein @AlexEpstein
If you're new to my work, follow me @AlexEpstein for extreme clarity on energy, environmental, and climate issues from a humanist perspective. Also, subscribe to my newsletter, featuring lots of concise, powerful, well-referenced energy talking points. https://t.co/NS8O3mRx71 — PolitiTweet.org
Alex Epstein @AlexEpstein
Summary: Anti-fossil-fuel US politicians have caused diesel shortages by: * Preventing us from importing Canadian oil well-suited to our refineries * Preventing or shutting down diesel-producing capacity in the US * Threatening new investments in diesel We need energy freedom. — PolitiTweet.org
Alex Epstein @AlexEpstein
To address the diesel shortage short-term and long-term our government needs to: 1. Publicly end its "whole of government" attack on oil production, refining, and transport 2. Stop threatening refining profits 3. Stop mandating biofuels 4. Scrap the Jones Act — PolitiTweet.org
Alex Epstein @AlexEpstein
A danger: Instead of ending all the irrational restrictions that are suppressing diesel supply, the Biden admin is floating another irrational restriction: banning diesel exports. This would lead to even higher long-term prices by further disincentivizing diesel production. https://t.co/O2oKcrFdsN — PolitiTweet.org
Alex Epstein @AlexEpstein
The Department of Homeland Security is only considering case-by-case waivers for the Jones Act to deal with the current energy crisis. But the Jones Act needs to be eliminated so that American diesel and other products can easily and cheaply reach American consumers. — PolitiTweet.org
Alex Epstein @AlexEpstein
Because of the Jones Act, most US diesel from Houston cannot travel by ship to Boston. Instead, Houston diesel must be shipped to some other country (e.g., South Korea) and Boston must get any shipped oil from some other country (e.g., Russia). This is bizarrely inefficient. — PolitiTweet.org
Alex Epstein @AlexEpstein
Another US diesel shortage cause: The Jones Act The Jones Act requires, for no good reason, goods transported between two US ports to a US-built ship under the US flag. There are only 56 tankers that meet these requirements, and because they’re scarce they’re more expensive. — PolitiTweet.org
Alex Epstein @AlexEpstein
In a letter this year, responding to Biden's accusation of "price gouging," the refining industry pointed out that it's at almost maximum utilization rates, and that additional capacity for oil-based fuels is difficult to bring online given the policy environment. https://t.co/U6QnwmfbHB — PolitiTweet.org
Alex Epstein @AlexEpstein
Another threat to diesel investment is government threats and punishments for high profits—e.g., today’s calls to seize "windfall profits." This is another signal to investors that government will punish them if they manage to succeed. — PolitiTweet.org
Alex Epstein @AlexEpstein
One major threat to diesel investment is the planned ban on oil-powered cars and trucks, including diesel-powered cars and trucks, by 2035 in CA and NY. These planned bans tell investors: don’t invest in diesel because we are going to do our best to make your investment fail. https://t.co/lVJZ5dY1SW — PolitiTweet.org
Alex Epstein @AlexEpstein
The leading threat to US diesel investments is our government’s "whole of government" commitment to eliminate fossil fuel use—captured by Joe Biden’s "I guarantee you, we’re going to end fossil fuel." This tells would-be diesel producers, proceed and you will be punished. — PolitiTweet.org
Alex Epstein @AlexEpstein
US diesel shortage cause 3: Threatened investments in diesel Through anti-oil policies and threats against oil, our politicians have turned diesel refining from an appealing opportunity to a risk not worth taking—despite increasing global demand. https://t.co/b0Ca0NtzH0 — PolitiTweet.org
Alex Epstein @AlexEpstein
To make matters worse, EPA announced new, increased mandates for fuel blending with biofuels for 2022 and denied waivers to small refineries, a measure that increases compliance costs to refiners and further discourages new refining capacity. https://t.co/SledTTe3Nb — PolitiTweet.org
Alex Epstein @AlexEpstein
Government biofuel mandates, including "blending" mandates, make the refining of diesel and other fuels more expensive—discouraging investment in greater diesel capacity, even though more diesel is needed around the world. https://t.co/v35VwsFiPX — PolitiTweet.org
Alex Epstein @AlexEpstein
One category of regulation that suppresses the availability of diesel is biofuel requirements. The government coerces refiners into converting to biofuels, which puts refineries out of commission for extended periods. 1/2 current refinery shutdowns are due biofuel conversions. https://t.co/GmoXEf5f7R — PolitiTweet.org
Alex Epstein @AlexEpstein
The shut-down Virgin Islands refinery also has the potential to expand to 450K barrels/day—over 100K barrels/day of diesel. But instead of eagerly working with the refinery to address any pollution issues, the Biden EPA has said it is under no "pressure." — PolitiTweet.org
Alex Epstein @AlexEpstein
Last year, the Biden admin shut down a Virgin Islands refinery. Instead of working with the operator to upgrade the refinery amidst the looming fuel shortage, EPA stopped the refinery’s 180K barrels/day capacity—including over 40K barrels/day of day of diesel. https://t.co/n9wgELQw7Y — PolitiTweet.org
Alex Epstein @AlexEpstein
Why has US oil refining capacity stagnated when there are so many opportunities? An increasingly hostile regulatory environment that views refining as an evil to be rapidly eliminated—not a necessity of life for billions for the foreseeable future. — PolitiTweet.org
Alex Epstein @AlexEpstein
Given that oil demand, especially diesel demand, is increasing and that US oil production has dramatically increased due to the shale revolution, you’d expect US refining capacity to have rapidly expanded in recent years. Instead, it has stagnated and even recently declined. https://t.co/NDhgJrk6eb — PolitiTweet.org
Alex Epstein @AlexEpstein
US diesel shortage cause 2: Preventing or shutting down diesel-producing refineries in the US The combination of anti-fossil-fuel regulations and encouragement of the anti-FF ESG movement has prevented US refining capacity from growing sufficiently to meet demand. — PolitiTweet.org
