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re: Fossil fuel use to zero

Posted on 3/9/22 at 1:07 pm to
Posted by bungalow233b
Member since Oct 2017
44 posts
Posted on 3/9/22 at 1:07 pm to
The government doesn’t get a say in how fossil fuel is utilized, that is on private companies. If they can get a better price overseas, for example Europe, then the us consumer is competing against the global market. Most years we are a net exporter of fossil fuels. If OPEC and other global prices are lower then we are net importers.

How would we utilize more domestic fossil fuels if foreign prices are high, since increase in domestic production would increase global supply, not domestic supply in our system?

Somewhat irrelevant from a global supply standpoint but drill permit granting is not down. This is a sore subject for the greenies.

This post was edited on 3/9/22 at 1:09 pm
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7567 posts
Posted on 3/9/22 at 1:16 pm to
quote:

drill permit granting is not down.


It’s not just that. There are leases, exploration, permits to drill, production infrastructure, completions, production, refining, and distribution.

It’s a long chain of events to get that drop of gas in your car or the PVC pellets to the plant that makes the vinyl siding or pipe.
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