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The price of oil is held artificially high by OPEC so on that front at least I think we’re ok.
by jahewson 3y ago
The price of oil is held artificially high by OPEC so on that front at least I think we’re ok.
- vouaobrasil 3y agoNot high enough. It needs to be extremely expensive for everyone.
- dee-bee 3y ago"Artificially high" by a factor of maybe 3. We need to look at how to get to a factor of 100 or 1000. Oil is much, much more valuable in the long term as a material commodity, not a fuel commodity. This can be realized if we bring down the price of power, which is happening, albeit in only part of the globe.