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re: Fossil fuel use to zero

Posted on 3/9/22 at 2:01 pm to
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 3/9/22 at 2:01 pm to
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 by loogaroo
Welsh
Member since Dec 2005
31311 posts
Posted on 3/9/22 at 2:04 pm to
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.
Posted by Jimmy Russel
Member since Nov 2021
353 posts
Posted on 3/9/22 at 8:08 pm to
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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