Quote:
Originally Posted by Truenorth00
Ah. Those Faux News talking points are out in full strength today.
The great news is that opinions are irrelevant and the market moves quite nicely based on prices alone. Like peaker plants being replaced by giant batteries for example. No amount of FUD and Fake News will stop progress when there's $$$ on the line.
This blip in oil demand? It's going to happen again in a decade as EVs actually start displacing oil consumption. And no amount of bullshit will change that future.
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Fake news? because it doesn't fit your narrative? Why is it that I provide a lengthy post with legitimate talking points, you completely disregard those points and instead respond with a condesending llegitmate rebutal, that does not touch on the points that were made. Instead you respond that it is "fake news".
I agree with you. Money talks. I look forward to the day oil crashes and I can afford my electric vehicle, sourced from environmentally destructive methods and materials, that is still dependent on fossil fuels. The point of the movie is that "green energy" is not so green, billions of dollars are spent on the image of clean technology, when in fact that green energy is completely reliant on non-renewables.
On that topic, as gasoline, jet fuel and diesel are the primary products of oil, when those products no longer have a demand, where should we expect prices to go for secondary and tertiary products from oil... for example, items such as vehicle bodies, made of some form of plastic sourced from oil... does the cost of that vehicle body now become more expensive, as the cost of producing oil will remain the same, yet the cost recovery per barrel of oil is now missing half of what used to make up that cost (i.e. gasoline)... should we expect prices of secondary and tertiary increase to make up that cost?