Remix.run Logo
dotancohen 12 hours ago

That sounds to me like the US seriously needs to promote non-petroleum sources of energy. If not for the environment, for their own national sovereignity.

dreghgh 11 hours ago | parent | next [-]

The thing is, the United States is self sufficient in petroleum. But domestic prices will go up to reflect the effect on world supply.

Arguably the same could happen given widespread use of non petroleum sources of energy. Prices will go up to reflect the marginal cost of hydrocarbon based energy, even if that use is minimal, until the point where the energy network is completely decoupled from those markets.

This happened in the United Kingdom after the invasion of Ukraine. More wind was used as gas became more expensive. But the price of electricity from wind also went up.

chgs 10 hours ago | parent | next [-]

US could ban fuel exports. Unlikely as rich people would suffer, but they may be placated with bribes.

disgruntledphd2 8 hours ago | parent | prev [-]

The UK increase was because of how the contracts work but yeah agreed in general. Sustainable energy is good for a bunch of non environmental reasons.

adastra22 11 hours ago | parent | prev | next [-]

The US is a net oil exporter.

spacecadet 10 hours ago | parent [-]

Great for the wealthy!

spacecadet 10 hours ago | parent | prev [-]

Yeah, but good luck! Been trying to convince people of this for years...