Coffee With Scott Adams — Knowledge Archive May 24, 2026
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w it probably thought it was real. Wouldn't you say, before you knew it was fake, wouldn't you say that that sounds real? It actually does, because as absurd as it sounds, it's not more absurd than the news that you'll see today. Somewhere there will be more absurd things in the real news today. No difference. As part of our understanding of why things aren't the way they used to be, Adam Dopamin…

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ually living in reality and living in the real world, and maybe you are. Maybe you are. How would I know? The only thing I'm sure is I don't know. But maybe you got the right one.

Speaking of reality, here's why you could say with certainty we have no news industry in this country. The most basic fact that you would want to know as a news consumer is this. So Biden recently said, I think yesterday, we need more refining capacity. And he says this idea they don't have oil and they don't have oil to drill and to bring up is simply not true. So basically Biden is saying that the oil industry is to blame for any shortages because there's plenty of oil with the leases and the drilling capacity they already have. They just can't refine it, and so that's a problem with the industry itself having not built enough refineries.

Now, wouldn't you expect if you had a news industry they would fact-check all that and then put it in context for you? And then you would read it and it wouldn't matter if you were reading news from the left or the right, because these are just really objective facts. Is it true that the industry just didn't build enough refineries and there's nothing stopping them, so if they did, everything would be fixed? Does that even feel a little bit true? I don't know what the true story is.

So here's things I've heard unreliably but also assumed to be true. I believe the government is the problem with building refineries, isn't it? Isn't the problem that the government, either it's state or local or federal, or regulations of some type? Did I not hear a quote, and give me a fact-check on this because I'm operating from faulty memory here. I think this week the CEO of Chevron, this is the part you need to check, said that he believes there will never be a refinery built in this country again. Did he say that? The CEO said he doesn't believe it'll ever happen because, and I assume that the context was the regulatory burden is too hard. Am I right? Yeah, it's just impossible for regulatory reasons.

So why not put it in Central America? Can't everybody win if we put the refineries in Central America? There's got to be some. Are you telling me that Nicaragua was going to say no to a refinery with all the jobs and whatever positivity it could create there? And they probably have lower regulatory burdens. So couldn't Kamala solve her problem and the CEO of Chevron solve his problem and basically work as a system, try to figure out how to make all that work as one thing?

So one of the big problems, and you see this all the time, is we treat all of our issues like they're little silos. But sometimes you could just connect two problems. For example, you've got a labor shortage, and you know that's the economy, and you've got an immigration problem. Can't we figure out how those two silos could work together to fix something? It feels like we're handicapping ourselves by thinking all of our issues are in their own little channel.

Anyway, so it's

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obvious we have no news industry, because I can't tell if Biden is telling the truth that the industry is to blame or the industry is telling the truth that the government is to blame. And I would think that both the news on the left and the right, if they knew the answer, would report it exactly the same. Oh yeah, they'd love to build a refinery but the government's too burdensome, or not, whatev…

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