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Strategery
April 12, 2022 643 replies Error Margin: + – 4%
fossil_fuels_16x9.jpg
Credit: Claire Pullen for Fat Finger
Q1. In February, the city of Chicago announced it would divest of fossil fuels, permanently banning investments in oil and gas companies. What is your view of Chicago's decision? (Please choose four, one from each pair)
male
female
rep
ind
dem
18-29
30-44
45-64
65+
Group A

I approve

51%
46%
53%
10%
38%
89%
56%
57%
45%
42%

I disapprove

47%
54%
41%
87%
53%
9%
52%
34%
46%
57%
Group B

Many other municipalities/states will do the same

38%
38%
39%
24%
37%
52%
43%
54%
32%
30%

Not many other municipalities/states will do the same

47%
52%
42%
64%
47%
32%
48%
41%
43%
57%
Group C

Will help spur renewable resource development

46%
40%
50%
16%
42%
74%
48%
59%
40%
40%

Will not help spur renewable resource development

39%
47%
32%
71%
42%
10%
39%
32%
40%
48%
Group D

Will hurt Chicago's finances

54%
64%
44%
81%
63%
28%
70%
46%
53%
43%

Will help Chicago's finances

24%
19%
28%
4%
21%
45%
14%
39%
24%
25%

None of these

0%
1%
0%
0%
0%
1%
2%
0%
0%

Don't care

2%
2%
2%
2%
5%
1%
2%
0%
3%
3%
Q2. On March 31 the Biden administration said the US will release 1 million barrels of oil per day from the strategic reserve for the next six months. Oil prices fell 5% after the announcement, and are currently another 1% lower.

The US uses about 20mm barrels of oil a day, the world uses about 100mm. The US reserve contains about 600mm barrels.

Was the release the right size, and will it impact gas prices in a meaningful way? (Please choose two, one from each of A and B)
male
female
rep
ind
dem
18-29
30-44
45-64
65+
Group A

Should release more

24%
22%
27%
25%
21%
25%
18%
39%
19%
25%

Release is the right size

33%
27%
38%
13%
32%
52%
34%
22%
40%
30%

Should release less

6%
4%
7%
6%
5%
5%
5%
0%
10%
3%

Shouldn't release any

32%
41%
23%
51%
42%
14%
36%
27%
28%
38%
Group B

Will meaningfully reduce gas prices

31%
23%
39%
12%
26%
50%
30%
34%
28%
30%

Will have no meaningful impact on prices

56%
61%
50%
76%
63%
35%
55%
46%
59%
60%

Will meaningfully increase prices

3%
6%
1%
7%
5%
0%
7%
5%
1%
3%

None of these

3%
0%
5%
2%
0%
3%
5%
5%
1%
0%

Don't care

2%
3%
0%
1%
0%
2%
2%
5%
0%
Q3. Nord Stream 2, a gas pipeline project designed to double the flow of Russian gas directly to Germany, was completed in September. It was idle pending certification until February, when in response to Russia's invasion of Ukraine, Germany halted the project.

Russian gas accounts for about 10% of Germany's electricity generation. The gas from Nord Stream 2 could not be soon replaced, but could eventually be replaced by gas exported from the US among other countries, or by recommissioning German nuclear plants, or restarting dormant coal plants.

What is your view of Germany halting Nord Stream 2? (Please choose three, one from each pair)
male
female
rep
ind
dem
18-29
30-44
45-64
65+
Group A

It was the right decision

82%
84%
80%
73%
79%
91%
82%
90%
82%
75%

It was the wrong decision

9%
9%
9%
14%
11%
3%
9%
10%
10%
8%
Group B

It will be restarted

45%
44%
45%
56%
53%
34%
48%
51%
46%
38%

It will not be restarted

40%
45%
35%
30%
37%
50%
36%
44%
38%
43%
Group C

If halt is permanent, will be good for the climate/environment

52%
49%
54%
27%
53%
77%
52%
59%
49%
53%

If halt is permanent, will be bad for the climate/environment

21%
28%
13%
34%
26%
10%
25%
27%
16%
18%

None of these

2%
1%
2%
2%
5%
0%
0%
5%
1%
3%

Don't know

7%
4%
9%
10%
5%
4%
5%
0%
7%
13%

Don't care

2%
3%
1%
4%
0%
0%
2%
0%
3%
3%

The 180mm barrels to be released is the largest drawdown ever from the reserve, followed by:

Nov 2021 — 50mm post COVID supply chain issues
Mar 2022 — 30mm Russia's invasion of Ukraine
May 2011 — 30mm Arab Spring
Aug 1990 — 21mm Desert Storm

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