Steve Rattner, who served as an adviser to the Treasury secretary in the Obama administration, said on Thursday that there was a bit of “schizophrenia” in our energy policy on MSNBC’s “Morning Joe” program, where we discussed non-oil companies. refineries or opening of new ones. Because theoretically we will be gas-free.” But the problem is that there is “a misunderstanding of how long the transition will take and what we need to do to make the transition”.
Rattner said that “refining capacity has decreased” due to post-pandemic factory closures, but “the rest are operating at full capacity”. And “As far as it can be purified, perfect it.”
He later added: “The problem is five [refineries that have shut down], one with fire, one with some kind of explosion. You don’t take it lightly – it’s not something you can just turn around like a car. It takes months, costs tens or hundreds of millions of dollars. And by the way, again a little schizophrenic. We prevent oil companies from operating refineries or opening new refineries. Because theoretically we will provide fuel. But we were wrong again when assessing how long the transition would take and what we had to do to make the transition.”
Source: Breitbart
