Stupid move. No wonder gas prices are up. Also, increases our dependency on not-so-conscious banks, which will always be there, lending money at a higher interest rate because they know others will not lend.
Um, maybe you should rethink your idea of stupidity? Scientists have long told us that new fossil fuel projects are outright folly, like someone with lung cancer increasing their smoking from one pack of cigarettes a day to two. It makes no rational or economic sense if we want a livable planet.