Business/Economy/Energy

AOC tweets, then deletes, praise for oil price tanking to push ‘Green New Deal’

(USA Features) Rep. Alexandria Ocasio-Cortez (D-N.Y.) tweeted a message that appeared to support the collapse of the oil industry due a major drop in demand over the coronavirus-related economic downturn, touting instead “green infrastructure to save our planet.”

She would later delete the tweet, but not before it caught the attention of critics who note that for anyway, the global economy is powered by fossil fuels.

Ocasio-Cortez wrote on social media in response to news about oil prices falling to “negative values.”



“You absolutely love to see it,” the freshman congresswoman said in response. “This along with record low interest rates means it’s the right time for a worker-led, mass investment in green infrastructure to save our planet.”

The lawmaker ended her tweet with “*cough*,” implying that the price crash vindicated her previous environmental activism.

Shortly after, Cortez deleted the tweet and replaced it with a more somber message, arguing it was a “snapshot” of a “turning point” for the climate change movement.

“Fossil fuels are in long-term structural decline. This along w/ low interest rates means it‘s the right time to create millions of jobs transitioning to renewable and clean energy,” the New York Democrat wrote. “A key opportunity.”

Conservatives were immediately critical of the tweet noting that her sentiment was not a realistic assessment of what’s going on.




“After deleting that tweet, I would love to see Rep. Alexandria Ocasio-Cortez, who loves to remind people she has an econ degree, explain contango and oil contracts to the rest of us who don’t see the logic in what she’s suggesting,” asked RealClearInvestigations senior writer Mark Hemingway.

Others noted that millions of good-paying oil industry jobs are also being lost.

Oil prices briefly plunged into negative territory on Monday, which is the latest never-before-seen event to come from the rapid economic decline caused by the coronavirus pandemic. Traders are still paying $20.43 for a barrel of U.S. oil to be delivered in June, however.


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