Most of the fossil fuel consumed in North America is produced in North America. The cost of production hasn’t gone up, but the price has, because of Trump’s foolish war. Thus an avalanche of pure profit for the oil&gas sector. This is not remotely reasonable. What to do about it? Impose a lower price by government fiat? Price controls are hard.
Here’s a Canadian petition drive with another pretty simple idea: A windfall tax on unearned profits: https://act.stand.earth/page/97584/petition/1
Doesn’t sound crazy.
Tim Bray 🇨🇦
npub1ju…3ue59
2026-05-26 17:52:21 UTC
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