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Why is it not sustainable?
by deno 9y ago
Why is it not sustainable?
- mschuster91 9y ago> Why is it not sustainable? Because oil prices won't stay that low forever, in fact Saudi-Arabia and other OPEC members lowered the production quotas to get higher oil prices. The budgets of many countries with natural resources expect a certain price floor for oil - this especially hits Saudi-Arabia as they don't have much economy except oil and a tiny bit of Mecca tourism, but also Russia which has been hit hard by the drop in oil price and which doesn't have any kind of industry that's comparable to oil in terms of exports.
- deno 9y agoFair enough, I thought it had something to do with the portable aspects of the generator in particular. I am of the opinion that oil should really not be wasted for things that don’t require very high energy density, unlike transportation etc. But setting up a coal plant seems like a project of entirely different magnitude.
- vezycash 9y agoThe margin in the telecom business is crazy high. As far as I know, no network in West Africa provides unlimited phone calls. - mostly prepaid and per second billing. In other words, input (diesel in this case) is directly related to output (profit.)