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Seems unlikely that we'll be selling oil for $5, unless fossil fuels are completely replaced and it becomes a side-of-the-road novelty.
by matthewdgreen 9mo ago
Seems unlikely that we'll be selling oil for $5, unless fossil fuels are completely replaced and it becomes a side-of-the-road novelty.
- ljlolel 9mo agoThen it loses economies of scale and capital wasted so price won’t go down
- matthewdgreen 9mo agoAt that point, who really cares? As scale goes down and economies of scale go away, it just becomes an irrelevant novelty. But the actual question is: how much will industrial applications matter.