Primary reason I don’t understand the call for “drill baby drill”. We’ll end up with oil and needing to sell it for much cheaper than anticipated because the demand is low.
Ya I always hate when people say, “We’ll always need oil!”. I mean, maybe ya, but for every time we convert a car, or power plant, to electricity, or stop producing some plastic product, that reduces the overall demand. It’s a good thing!
We will for a long time, but the less we need the better. At some points we will replace plastics etc. But we don’t have enough alternatives that make economic sense yet.
Primary reason I don’t understand the call for “drill baby drill”. We’ll end up with oil and needing to sell it for much cheaper than anticipated because the demand is low.
Ya I always hate when people say, “We’ll always need oil!”. I mean, maybe ya, but for every time we convert a car, or power plant, to electricity, or stop producing some plastic product, that reduces the overall demand. It’s a good thing!
We will for a long time, but the less we need the better. At some points we will replace plastics etc. But we don’t have enough alternatives that make economic sense yet.