U.S. oil reserves reached a new record in 2022. Crude oil and condensate proved reserves exceed 48 billion barrels (Figure 1). Reserves declined from 1969 to 2006 then increased with additions from the deepwater Gulf of Mexico and Tight Oil. Tight oil accounted for 27 billion barrels (56% of total)…
  • eleitl@lemmy.mlOPMEnglish
    1·
    2 months ago

    I think we are already at the catabolic collapse stage where the elites are cannibalizing the periphery before the heartland. On the other hand the US has been also being stripped bare in patches for a while. So it is a simultaneous progressive process.

    • queermunist she/her@lemmy.mlEnglish
      2·
      2 months ago

      The US utilizes internal colonization of majority-minority communities and via the use of highly exploited migrant labor. The US seemingly stripping itself bare comes down to the process of internal colonization reaching a very high level. The homeland is a series of highly developed metropolitan islands in a sea of deindustrialization and poverty.