4 ms·
> A high price of oil makes it profitable to sell oil. Only if your costs are below the high price. Blocking this pipeline raises their costs to transport the
by justaguy88 5y ago
> A high price of oil makes it profitable to sell oil.
Only if your costs are below the high price.
Blocking this pipeline raises their costs to transport the oil, eating into profits.
- vmception 5y agoIt doesn't cause a shift into renewables. The providers along that pipeline might simply be fucked. The regional and global rate just stays more attractive to the more vertically integrated players.