[InefficientRed]

How so? There's no reasonable sense in which reduced US refining capacity is a problem created by "radical politicians".

Is your position that oil companies under-invested in oil refineries, which are now being decommissioned due to being out of repair, because Trump was radically anti-oil? I don't think oil companies even believe that Biden will have a friendly legislature in 2023...

This reeks of "something I might believe after a beer listening to a cable news channel but not something I would bet $150K on". Again, I tend to ignore what people say and simply ask: "what are you doing with your money?"

If the answer has anything to do with your political emotions, well, good luck mate.

[bequanna]

See my other comment in this thread. Energy company execs have cited the exact things I stated as stopping them from investing in infrastructure.

[InefficientRed]

Execs are salespeople. Tip: that 2012 Buick with rusted out baseboards isn’t actually a good deal, and oil co ceos are also sometimes full of it.

Refineries don’t fall out of repair overnight. Underinvestment is strategic, market-driven, and goes back over two decades. Politics is an excuse, and blaming a current crop of politicians for 20 years of underinvestment is prime facie bullshit.