Trump’s oil triumphalism will end in American tears. The US is taking a big risk by doubling down on fossils and combustion cars. It may find in the 2030s that it has achieved the worst of all worlds: left on the sidelines of the global clean-tech economy, while still dependent on imported oil.

https://www.telegraph.co.uk/business/2025/03/14/trumps-oil-triumphalism-will-end-in-american-tears/

by mafco

36 comments

  1. Oh yeah it will have massive repercussions on the future. While other countries are heading toward new sources of energy and innovations, we here in the states are setting ourselves back… fossil fuels will eventually become scarce, and whatever country can get to the next revolutionary energy source will lead in the world imo.

  2. Agree with everything but imported oil. Why would the US ever have to import oil? US is currently a net exporter of oil and gas.

  3. The United States is no longer the beacon it once was. Time to look elsewhere.

  4. Trump is so incredibly ignorant. While renewables may not meet all of our energy needs anytime in the near future, they can reduce the amount of petroleum products we have to import. He’s so focused on the “woke” aspect of climate change, that he doesn’t see the national security benefits of switching to renewable energy.

  5. They were very successful at grabbing the reigns of power but their governing skills and overall ideology is fatally flawed and steeped in hatred. These idiots are collapsing America

  6. You’re going to need a combination of renewables and fossil fuels for at least 5 to 15 years. Trump is no oil man and he will crash the US fossil fuels with his stupid policies. Anwar in Alaska was given an estimate that oil leases would sell for $250 an acre. I believe in his tax cut bill of 2017. When they put it up for bid, no oil company made a bid. Again they’re talking about they’re going to use Anwar to raise money and I doubt they’ll get any bids this time. The big problem is they want to talk about $50 a barrel oil but no oil man in his right mind supports that because they would all lose money and have to shut down yet. These idiots and the new secretary of energy go on Fox News and rattle off bullshit like there are more restrictions on drilling in Alaska than are on trade Iran. We are dealing with a bunch of Makaveli idiots who think that telling lies is the way to solve a problem

  7. The rest of the world is going to take the lead in this aspect of science and innovation.

    Coal is dead. Oil will take longer, but it’s use will fall as the RoW ramps up the use of renewable energy… Not in my lifetime, but in this century.

  8. The US is NOT dependent on imported oil.

    Edit:  for all the folks focused on semantics of what type of oil and the current state of refineries, yes, there are economic and infrastructure factors that means it make sense for us to import and refine oil, and export other types of oil.

    But the fact is, we product more than we consume, so the most accurate term is oil independent.  We could build new types of refineries if we wanted to.

    To say, we aren’t fully independent in the refining of oil products, yes that is correct but a meaningfully different statement 

  10. This is the same fear mongering that’s been going on forever. D R I L L B A B Y D R I L L

  12. China will lead clean energy and the rest of the world will buy their technology….USA will loose BIGGLY!

  13. They Don’t Care. All that matters to these people are immediate profits for them and their buddies. No long term thinking at any level. How can I make the current billionaires richer? That is the guiding light of the current US administration

  14. Christ, even the Torygraph knows this right-wing “strategy” is not going to work.

  15. The next 4 years are going to do SO MUCH damage. And if it lasts more than 4 years, I think the US will fall behind. We’ll become more like Russia in so many ways.

  16. I’m sure you also hate Elon Musk, the leader in electric car manufacturing. Also, under Trump, the US will be energy independent.

  17. What I don’t understand (at least, I don’t understand why his base doesn’t see it), is why he’s promoting Tesla’s EV’s while at the same time getting rid of the USA’s EV fleet and chargers because “it’s an incredible waste of taxpayer dollars”.

    I really don’t understand the dichotomy here — why is he telling me to buy a Tesla at the same time he’s saying EV’s are a waste of money.

    I know I know, I shouldn’t look for logic in his actions and this is far from his only contradiction.

  18. Trump and his MAGA toadies are Luddites. Luddites were English textile workers opposed to automated machinery. The term is now used to describe those opposed to the introduction of new technologies. His opposition is also influenced by personal greed. His petty actions will mire the US in the past while the rest of the world surges into the future.

  19. Third world country here we come. Scoot over guys, make room. We’ve kinda got a big ass.

  20. Ahh shortsightedness and looking to the past instead of innovating, the Trump way.

  21. And, worse still, the fact that the US waffles back and forth between Democrats and Republicans, each with extreme and contrasting views and goals. US businesses can’t effectively plan ahead this way if the rug is constantly being pulled out from under them.

  22. Whatever the USA will produce we don’t want it. The world is boycotting anything made in America for the foreseeable future.

  23. So, the best of all possible worlds from Russia’s perspective. Funny how that keeps happening.

  24. We had a chance to lead and decided to live in the past base on the ramblings of a narcissist. Don is will go down as the one that led USA to the bottom of the pack

  25. EVs are better and national policy will not alter the trajectory either way. We did not require a national policy to build 100,000 gas stations when the country converted from horse / buggy / EV to ICE.

    Performing arson on Tesla stores and Tesla cars, will definitely slow adoption. Nobody wants to buy a car that will be targeted by terrorists and auto insurers will start dropping Teslas.

  26. As he’s been quoted as saying about tax cuts. “I’ll be out of office when it gets bad. Why should I care “

  27. WTI, $66.98, Brent Crude, $70.86 until per barrel prices stabilized above $80.00 drill baby drill is just a wet dream!

  29. Well, in 20 years the US will be the only country driving technologically stagnant ICE cars. And the only market for US cars. The transportation oil market will collapse globally due to the lack of demand.

  30. I think this is correct. We really need the batteries for Robots and energy storage and the EV business in the next 5 years will really drive those costs down. So it’s a major own goal.

    But I seriosly think all the car companies are going under. We are going full autonomy, and it will happen really fast. At most we need 4-8 million vehicles a year. Currently the US produces like 25m. So industry will shrink by 80%. Many existing new vehicles will remain gas because human driven vehicles will be for things like contractors towing a digger, and those things will likely still be gas.

  31. Sweet. We really are going to be a relic of russia in the late 1800’s. Isolated and falling behind in every measurable metric of sovereign health. Thanks trump supporters, fake ass patriots.

  32. And while living in a much less livable world, with sky-high insurance costs, superstorms lashing the East and Gulf Coasts, while giant wildfires wipe more Western towns off the map.

  34. Imported? With current pace of loosing partners across the world us is moving towards juche ideology

  35. We were beginning to catch up to China in EV technology.

    Whether you think renewables or fossils are the way to go is irrelevant because the world without their own oil supply has finally figured out how to cut dependence on the world who supplies them. We’re shilling fossils and ICs because we have them and we can supply them and we can dictate policy to the non-oil countries.

    In 2020 China was the largest importer of oil which left them dependent, which is why they began to pivot hard toward renewables and why they opened up a market for EVs, batteries, wind turbines, etc. They got the jump on us and we needed to play catch-up to stay relevant and we were in the process, but now we’re throwing it all away because of short-sightedness and of course greed.

    The oil-dependent parts of the world will not be climbing back under our thumb no matter how trump spins it and we’ll be left in the dust. It’s a global economy and that’s just the way it is.

  36. I really see the Tesla vs Waymo situation as a microcosm of this situation. Musk has been raging about self driving since at least 2016. He’s positioned himself as the leader in autonomy and done all the public facing things he thinks make that true. Meanwhile Waymo, and Zoox have slowly been putting in the hard work and thousands of hours of mapping to build a less glamorous but far more safe and predictable autonomous infrastructure.

    I’ve ridden in dozens of autonomous cars at this point, none of them Tesla. What’s even worse is that when I am in a Tesla Uber they feels worse and worse build wise. They all now have those stuck on door handles to make up for the poor design choices and the suspension for back seat riders is a joke.

    The US is trying so hard to ride oil off a cliff, but the reality is that electric vehicle will dominate. We are the passengers to the next revolution not the leaders.

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