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The only way fossil fuels are going to skyrocket in price is if regulatory burdens push their prices up artificially. Yes, we use up oil and natural gas every y
by Matticus_Rex 8y ago
The only way fossil fuels are going to skyrocket in price is if regulatory burdens push their prices up artificially. Yes, we use up oil and natural gas every year, but we also get more efficient at finding and tapping deeper reserves, and there are few limits on that in the next 25 years. "Peak" resources just aren't a thing we actually need to worry about in the foreseeable future.
- deleted 8y ago[deleted]
- jpao79 8y ago"regulatory burdens push their prices up artificially.." That has been known to happen in California with PG&E and CPUC. Doing a quick Google for PG&E rate increase: https://www.pge.com/en_US/about-pge/company-information/regulation/general-rate-case/grc.page https://www.pge.com/en_US/about-pge/company-information/regu...