Musk Calls For Immediate Boost In Oil And Gas Production To Replace Russian Output

WASHINGTON (UrduPoint News / Sputnik – 05th March, 2022) Tesla Founder Elon Musk referred to as for a direct enhance in oil and fuel manufacturing around the globe as a result of sustainable options can’t change Russian output.

“Hate to say it, but we need to increase oil & gas output immediately,” Musk wrote on Twitter on Friday. “Extraordinary times demand extraordinary measures.”

Musk added that though rising oil and fuel manufacturing would have an effect on Tesla negatively, sustainable power options can’t react instantaneously to make up for Russian oil and fuel exports.

Earlier within the day, Bloomberg information reported that the Biden administration is contemplating imposing a ban on imports of Russian crude oil to the United States.

US Senators Joe Manchin proposed a invoice that will prohibit the import of Russian crude oil, petroleum, petroleum merchandise, liquefied pure fuel (LNG) and coal. Meanwhile, US President Joe Biden, in his State of the Union Address on Wednesday, pledged to allow exports of power from US reserves with the EU engaged on to curb power dependence on Russia, particularly by constructing LNG terminals and negotiating with various suppliers, together with Norway.

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