Boycott Texas oil, and Texas will boycott you

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JonasM
Posts: 650
Joined: Wed Jul 07, 2010 6:05 pm
Location: Cuyahoga Co, OH

Boycott Texas oil, and Texas will boycott you

Post by JonasM »

https://www.worldoil.com/news/2021/6/15 ... c.linkedin

"Governor Greg Abbott signed a bill into law on Monday banning state investments in businesses that cut ties with the oil and gas industry. The underlying message, according to one of the most powerful energy regulators in the state, is simple: Boycott Texas, and we’ll boycott you."

The best part:

"In another blow to Wall Street, Abbott also signed legislation on Monday that would ban state and local governments from work with companies whose policies restrict the firearms industry. The law could hurt Bank of America Corp. and Citigroup Inc.’s municipal underwriting businesses in Texas, a huge market for state and local debt deals. The banks announced policies that set restrictions on the firearms industry in 2018."
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