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There's no current threat of being priced out, the major oil producers are too busy trying to get market share on low cost oil. Going forward, will this ever b
by 8note 5y ago
There's no current threat of being priced out, the major oil producers are too busy trying to get market share on low cost oil.
Going forward, will this ever be an issue? Peak oil is coming from societies moving away from oil and adopting renewables. By the time OPEC et Al start raising their prices, they will be irrelevant to most US consumers
- staticautomatic 5y agoHonest question: what about plastic and other non-fuel uses?
- azinman2 5y agoI’d love to see a point where drop in oil consumption means plastic becomes expensive, and instead we can finally find better alternatives that don’t harm the planet and people so much.
- Scoundreller 5y agoThey’ll just get burned. Plastic is just an intermediate step between oil and thermal energy.