You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
SCOOP: The Trump administration has developed a plan for dealing with the growing crude glut and helping U.S. oil producers hammered by low prices: paying them not to extract it in the first place.
https://bloom.bg/34PGIEN
w @vtobben @robertuttle @arinatter @scunningha #OOTT
Existing law gives the Energy Dept authority to set aside up to 1 billion barrels of oil for emergencies without dictating where they should go. Under this plan, the U.S. would essentially buy oil locked underground but ask producers to hold off on extracting or delivering it.
Congress already rebuffed a more modest plan to spend $3B buying oil for the nation's Strategic Petroleum Reserve & this idea could be even tougher to sell. But ideas are flying fast, and it wasn't long ago that folks were scoffing at boasts of a potential 10mbpd production cut.
Sounds like socialism. And the @GOP is ok with this!?!
Narrator: Of course they are.
Republican isn't a thing anymore, just Trumpism.
Guess it’s time to welcome them to the #KeepItInTheGround movement? ;)
For a while. Once prices rise above $50/barrel interests will diverge again but enjoy the bedfellows while you have them
Hmm. Won’t that work out similar to farmers plowing over fields? No downstream jobs and keeping it in the ground definitely takes less workers 
An opportunity to retrain the workers for the clean energy transition. Once the fossil fuel companies lose their workers, their political influence will be reduced
Do the taxpayers have to pay $20/barrel that's now prevailing or what the market demands when they remove it? It might not be a bad deal if the commitment was to never take it out of the ground, but you know that's not going to happen.
Welfare queens!
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
