"If you grant the president emergency powers to declare a climate emergency, it’s just like COVID.” Such a declaration could give Biden “vast and unchecked authority to shut down everything from communications to infrastructure,” and the ability to censor free speech and freeze financial assets.
-- U.S. Oil and Gas Association President Tim Stewart
The nonprofit Center for Biological Diversity issued a non exhaustive “legal guide” saying that Biden, under an emergency declaration, could:
End crude oil exports
End all offshore oil and gas leasing
Restrict U.S. fossil fuel exports and end hundreds of billions of dollars in overseas fossil fuel investments
Dramatically accelerate a transition to clean energy
Better a poor and wise youth Than an old and foolish king who will be admonished no more. Ecclesiastes 4:13
Question:
Or what king, going to make war against another king, does not sit down first and consider whether he is able with ten thousand to meet him who comes against him with twenty thousand? Luke14:31
Answer:
A king who watches too much FOX TV, reads too many Marvel comics, pays attention to the New York Times, and watches too many Hollywood political thrillers.
The narrow strait is the most important chokepoint for the world's oil supply. Some 21 million barrels — or $1.2 billion worth of oil — pass through the strait every day.
Will a closed Strait hurt Iran? In terms of international oil sales, yes, but in terms of daily life, no. Iran pumps 3.5 million barrels of crude oil per day. The situation at this hour: