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re: Fossil fuel use to zero
Posted on 3/9/22 at 2:01 pm to memphis tiger
Posted on 3/9/22 at 2:01 pm to memphis tiger
quote:
Please explain how increased utilization of our own domestic resources is not believing in the free market.
Because other sources are cheaper than ours could ever be.
The free market doesn't care about "our own domestic resources", nor does the free market care about "foreign oil". The free market cares about cost effectiveness. If it's more cost effective to buy stock from Saudi Arabia, than frick having to depend solely on domestic supply.
Just put your nationalism aside, and look at market efficiencies.
Posted on 3/9/22 at 2:04 pm to WildTchoupitoulas
Did you know it takes 2.5 times the btu's to run an electric car verses gasoline.
The energy has to come from somewhere.
The energy has to come from somewhere.
Posted on 3/9/22 at 8:08 pm to WildTchoupitoulas
quote:
Because other sources are cheaper than ours could ever be.
The free market doesn't care about "our own domestic resources", nor does the free market care about "foreign oil". The free market cares about cost effectiveness. If it's more cost effective to buy stock from Saudi Arabia, than frick having to depend solely on domestic supply. Just put your nationalism aside, and look at market efficiencies.
Your view is simplistic. Your idea of cost effectiveness doesn’t take into account the moral dilemma of purchasing from countries whose values are at odds with ours and actively work on the world stage to subvert those values. Then we pay tax dollars or go into debt to go to war in order to protect access to those imports. Since the environmental regulations of despotic regimes are practically non-existent, you can count that toward the real cost as well. Foreign oil is by no means cheaper than what we can produce at home no matter what the publicly traded price is.
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