3 ms·
if those reserves were economically viable to extract, they would be already being extracted.
by b65e8bee43c2ed0 7mo ago
if those reserves were economically viable to extract, they would be already being extracted.
- legulere 7mo agoLike this? https://www.thinkgeoenergy.com/vulcan-energy-achieves-drilling-and-permitting-milestones-at-geothermal-lithium-project-in-germany/?amp=1 https://www.thinkgeoenergy.com/vulcan-energy-achieves-drilli... Economic viability depends on many things, lithium prices have been pretty volatile in the past, battery production in Europe as customers are just scaling up.
- youngtaff 7mo agoOr this https://www.theguardian.com/environment/2026/feb/26/cornwall-new-geothermal-project-launches https://www.theguardian.com/environment/2026/feb/26/cornwall...
- stavros 7mo agoPrices change.
- helsinkiandrew 7mo agoEverything depends on demand. Much of US shale oil hasn’t been economical to extract at times in the past decade. If oil drops below $60 most of the newer basins are not profit making. If oil demand (or OPEC) pushes oil below $35 the rest of US oil isn’t economical.