Here’s How the Misnamed Inflation Reduction Act Will Kneecap O&G

You know what kneecapping is, right? It happens when a gangster or thug uses a handgun (or baseball bat) to shoot someone in the knee, inflicting permanent, lifetime damage. It's a very cruel form of punishment inflicted on one's enemy. It's also an apt metaphor for what is coming under the so-called Biden Inflation Reduction Act (IRA), the renamed version of what had been called Build Back Better, made possible by a single vote from U.S. Senator Joe Manchin (see Tragedy: Joe Manchin Caves & Agrees to Big Green Build Back Better). The IRA is about to kneecap the oil and natural gas industry. We spotted an article by the Atlantic Council that outlines how.

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