THIS WEEK, as President Biden banned the import of Russian oil and gas, fuel prices skyrocketed, and pundits and Substack bros across the land repeated the company line we all know by heart now: We need to drill more and increase production.
It’s a rallying cry that makes no sense. On top of the fact that there’s no such thing as an “immediate” increase in oil and gas production, if anything this crisis is one more reason to speed up the transition away from fossil fuels. And in the meantime…
