We need more oil and gas, says Elon Musk

We need more oil and gas, says Elon Musk



Elon Musk — the man whose Tesla and Tesla Solar have basically devoted their existence to competing with gas-guzzling cars, oil, and coal, and which briefly reached a market cap of $1 trillion and delivered nearly 1 million EVs last year — is now publicly in favor of increasing oil and gas production.



He tweeted late Friday:

Hate to say it, but we need to increase oil & gas output immediately.

Extraordinary times demand extraordinary measures.



“Obviously, this would negatively affect Tesla, but sustainable energy solutions simply cannot react instantaneously to make up for Russian oil & gas exports,” he added in a followup tweet nine minutes later.


He’s likely referring to the world’s notable dependence on Russian pipelines; — a dependence which hasn’t stopped many governments from sanctioning Russia following its invasion of Ukraine; but has sparked fears over surging energy prices, particularly in Europe.

ALSO READ: Elon Musk warns to use Starlink ‘with caution’ in Ukraine


It is always hard to tell if Musk is just riffing, trolling, or actually putting plans into action when he posts things to Twitter; but there’s no denying he’s incredibly influential and many of his 76 million followers take him seriously even when joking.


It’s not like oil and gas aren’t important for Musk’s plans as well.


We reported last year on how his SpaceX wanted to drill for natural gas on land near its Starship facilities in Texas.


Electricity doesn’t get Musk’s rockets off the ground.


“I’m not in favor of demonizing the oil and gas industry,” Musk told Joe Rogan on a podcast last year.


“We’re gonna need to burn fossil fuels for a long time. The question is just at what rate do we move to a sustainable energy future?”

About The Author

Osigweh Lilian Oluchi is a graduate of the University of Lagos where she obtained a B.A (Hons) in English, Masters in Public and International affairs (MPIA). Currently works with 1stnews as a Database Manager / Writer. [email protected]

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