Joe Biden's Energy Policy's Effect on the Houston Economy (San Antonio: lenders, how much)

[JL]

Best to vote early because who knows if the weather is bad on Nov. 3rd. The industry is already doing subpar and the phasing out of fracking will hurt down the road, but it will be ok in the next few years at least .

I think nuclear should be on the table now.

[Spade]

Originally Posted by Redlionjr

I’m not suggesting tear it down because that’s impossible. But at some point American will evolve into something different. I mean it’s happening right before our eyes. Prior to the 1990s you had liberal Republicans and Conservative Democrats. These 2 parties have adapted to their base while causing more of a ridge between voters. I’ve never seen partisan animosity this high. It’s gotten that out of control so much so that they’re could be serious consequences after elections are over. Both sides are guilty of this.

Take for instance countries like Germany and Ireland have transitioned there political landscape. The Green Party in the EU is making an impact. But I understand, America imo is more ass backwards. Of course it’s not perfect but it’s more political representation then what we have here in America. Allegedly one of the most diverse countries in the Western world yet no so much when it comes to who’s in office and the three branches of government.

As far as the blue/purple/red bit, what I’m saying is neither party in any state has stepped to the plate to deliver on a promise to better the conditions of its most vulnerable communities. By and large I have not seen the benefit of either party.

Now you say the Democrats policies are far less negative than Republican policies. Are you sure about that?

I can tell you that the welfare reforms and crime bill under the Clinton administration did far worse or just as much negatively than any policy the Republicans pass.

I mean Democrats have gone out there way to distance themselves from creating any policies that are specifically for my community. Barrack for instance made it a point to say he’s not Black Americans president but America’s president. So on one hand while the Affordable Care Act did help Black Americans he also enacted policies that actually triggered a decline in Black wealth in this country. And he had the power to change it but chose not to.

And these are not opinions. I’m not impressed by promises made during election year. I’m all about holding politicians accountable. I’ll admit, Black Americans haven’t held Democrats accountable enough. Majority don’t even vote Republican so of course they’re not going to do anything. They’re going to pander to their base.

Yeah most younger Black people (under age 45 and below) do not trust either the Democrats or the Republicans but are holding the Democrats more accountable because let us be real, Black people throughout the nation have overwhelmingly voted for Democrats since the 1960s but have nothing to show for it. We also aren't delusional to think the Republicans will be any different. Somebody said a third party vote is a waste. But many of us don't see much of a value on voting for these two more than voting for that third party. I've talked to some friends back home saying they will not vote for these two whatsoever but most of my friends will vote Biden.

[crone]

Originally Posted by Spade

Yeah most younger Black people (under age 45 and below) do not trust either the Democrats or the Republicans but are holding the Democrats more accountable because let us be real, Black people throughout the nation have overwhelmingly voted for Democrats since the 1960s but have nothing to show for it. We also aren't delusional to think the Republicans will be any different. Somebody said a third party vote is a waste. But many of us don't see much of a value on voting for these two more than voting for that third party. I've talked to some friends back home saying they will not vote for these two whatsoever but most of my friends will vote Biden.

I was grown in the 60's. I also remember redlining, poll tax and school segregation.

Enjoy the Trump picked judges their decisions.

[resonator]

XOM cutting 1,900 Houston jobs, over next two years
Zoom market cap is greater than XOM, strange times.

[As Above So Below...]

Originally Posted by resonator

XOM cutting 1,900 Houston jobs, over next two years
Zoom market cap is greater than XOM, strange times.

I dont know that is strange, its just a sign of the times.

Oil is never going to boom again to what it was in 2012. Houston has to recognize this and plan for the future. We cant be like Appalachia and sit around wondering why coal wont be back.

The future is in our hands and we can lead the transition to green energy. No city in the US is better equipped to do it. Or we can pine for 2012 for the next decade and be left in the dust.

The writing is on the wall...

[ParaguaneroSwag]

Originally Posted by As Above So Below...

I dont know that is strange, its just a sign of the times.

Oil is never going to boom again to what it was in 2012. Houston has to recognize this and plan for the future. We cant be like Appalachia and sit around wondering why coal wont be back.

The future is in our hands and we can lead the transition to green energy. No city in the US is better equipped to do it. Or we can pine for 2012 for the next decade and be left in the dust.

The writing is on the wall...

This is why I’m glad Sylvester Turner and Lina Hidalgo have the keys.

[ParaguaneroSwag]

Sylvester Turner’s tech push and collaboration with Rice University is what’s attracted Chevron and Greentown Labs to their major projects here.

The tech push that also attracted Amazon to open their tech hub in the Memorial Area. The General Assembly to open the coding school in Midtown. We’ve already began to see the results and the biggest projects are yet to come.

Also don’t forget, Houston has the ability to surpass SF and Boston in BioSciences. Which we are working to head that way. As long as we are done voting leadership that will hold on to O&G as much as it can, there’s no reason we will need to rely in the future.

[DabOnEm]

Originally Posted by resonator

XOM cutting 1,900 Houston jobs, over next two years
Zoom market cap is greater than XOM, strange times.

Ouch and off of Chevron cutting around 800 jobs in Downtown, and Houston lost the most construction jobs out of any city in 2020 (Dallas gained the most).

Originally Posted by As Above So Below...

I dont know that is strange, its just a sign of the times.

Oil is never going to boom again to what it was in 2012. Houston has to recognize this and plan for the future. We cant be like Appalachia and sit around wondering why coal wont be back.

The future is in our hands and we can lead the transition to green energy. No city in the US is better equipped to do it. Or we can pine for 2012 for the next decade and be left in the dust.

The writing is on the wall...

We can only hope! There's been some movement there and in tech in Houston, but not nearly enough yet to offset O&G jobs.

[ParaguaneroSwag]

Originally Posted by DabOnEm

Ouch and off of Chevron cutting around 800 jobs in Downtown, and Houston lost the most construction jobs out of any city in 2020 (Dallas gained the most).




We can only hope! There's been some movement there and in tech in Houston, but not nearly enough yet to offset O&G jobs.

Chevron is also opening renewable energy engineering jobs though. These kind of transitions are going to happen if we are serious on the future.

[As Above So Below...]

Originally Posted by DabOnEm

We can only hope! There's been some movement there and in tech in Houston, but not nearly enough yet to offset O&G jobs.

The only think that can offset O&G jobs are green energy jobs. Thats it. Tech isnt going to fill the hole because tech has so many other options. The reason why it can only be green energy is that Houston is the energy capital of the world. We have something no other city can offer to green energy in the form of human capital.

But I dont worry about it as much because, as the majors shed O&G jobs, they will eventually be adding green energy jobs. The O&G majors of today are the green energy majors of tomorrow.