U.S. Declared an Energy Emergency, Then Paid $4B for Less Energy

speckx 42 points 3 comments August 18, 2026
www.forbes.com · View on Hacker News

Discussion Highlights (2 comments)

jqpabc123

Is anyone really surprised that this administration is a tool of the petroleum industry? https://spectrumlocalnews.com/us/snplus/business/2026/07/31/...

forestrywat

A few days ago I posted that the US is thinking small and short term. And that China, for all its faults, is at least rationally looking at the future and investing in renewables. It's exactly stuff like this that I'm talking about. Just... Peltola corrupt policy that benefits no one except a few very rich people, and Congress seems totally fine with it. Like, why is this even partisan? Why aren't the most ardent right wingers going, "we're losing to China on high tech energy!" I recognize that comes from a place of xenophobia, but at least it would make sense to me. Instead we get investments into oil and gas, cutting projects that clearly would help the country. It's stunning.

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