And oil companies need only look at the fate of coal miners and coal fired plants to see what government can do, simply by promulgating new regulations. No act of Congress needed. By the time courts address the overreach, it is too late.
So I think when government says they are shutting down fossil fuels, o&g execs are wise to take heed given the recent history. The policy is catastrophic for US consumers, but look what Europe did to itself voluntarily and the shape they put themselves in. They were warned.
