OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply + More

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)

Related:

The House voted to ban the import of Russian oil even though Biden already banned it by executive order

Bank of America predicts that a ban on Russian oil exports could push prices as high as $200 a barrel – and breaks down why this could trigger a global recession or stock market crash

But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.

Peter Thiel Embodies Silicon Valley’s Conservative Past and Dystopian Future

Peter Thiel Embodies Silicon Valley’s Conservative Past and Dystopian Future

In August 2020, Thiel told Die Weltwoche that COVID-19 had created an opening. “Changes that should have taken place long ago did not come because there was resistance. Now the future is set free.” But the future desired by Thiel is one that involves less democracy, more restrictive immigration measures, and a tech industry even more aligned with the interests of the US government. Tech’s libertarian age is waning, but its future could be even worse.

Apparently Trump Refuses To Allow The Government To Do Anything At All Until The Open Internet Is Destroyed

Apparently Trump Refuses To Allow The Government To Do Anything At All Until The Open Internet Is Destroyed

Section 230 protects working Americans more than it protects “big tech.” It protects us posting on social media. It protects us forwarding emails. It protects us when we retweet nonsense. It makes the open internet possible, and enables the next generation of competitors to “big tech” to exist. Lindsey Graham’s weird grandstanding about this is nonsense. Taking away 230 wouldn’t rein in big tech, it would lock in big tech. They have large legal teams and can handle the disruption. This is why Facebook already supports major 230 reform. Zuckerberg knows that it would harm upstart competitors way more than Facebook.

More About Section 230:

Communications Decency Act – Section 230

Is Trump protecting Big Tech from competition or does he really want more censorship?!