‘Extraordinary times demand extraordinary measures’: Elon Musk says US must increase oil and gas production
“I hate to say it, but we need to increase oil and gas production immediately,” Musk said in a Tweeter Friday. “Extraordinary times call for extraordinary measures.”
In a follow-up TweeterMusk noted that while it would be bad for his electric car business, sustainable energy solutions aren’t immediately available fast enough to offset the Russian oil and gas exports.
“Obviously this would negatively affect Tesla, but sustainable energy solutions simply cannot respond instantly to offset Russian oil and gas exports,” Musk wrote.
Many countries, including the United States, imposed tough sanctions on Russia after it invaded Ukraine last week. While the sanctions targeted banks, oligarchs and other financial institutions, the countries “refrained from sanctioning Russia’s pivotal energy sector”, Initiated reported.
However, Russian oil and gas exports are still falling as international refiners and banks refuse to do business with the country.
In follow-up tweetMusk spoke for the Ukrainian people and also sympathized with the Russians, who he says don’t want that.