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In reply to the discussion: White House likely to pursue federal aid for shale companies hit by oil shock, coronavirus downturn [View all]mr_lebowski
(33,643 posts)32. Alternative energy is so far from 80% it's not even funny ... nor will it ever be anywhere near that
It will also take tremendous amounts of fossil fuels just to build the infrastructure to generate 80% of energy from 'alternatives'.
THat kind of number is way, way in the future, if it happens at all.
That being said, the reason Russia and Saudi's would pump like crazy is as you otherwise hinted ... crush the US fracking companies.
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White House likely to pursue federal aid for shale companies hit by oil shock, coronavirus downturn [View all]
gristy
Mar 2020
OP
Oil well's don't call in sick.....................they are more important.................
turbinetree
Mar 2020
#8
Alternative energy is so far from 80% it's not even funny ... nor will it ever be anywhere near that
mr_lebowski
Mar 2020
#32
Propping hydrocarbons is so 1973. Peak oil is past. Demand will drop even with high supply. . . . nt
Bernardo de La Paz
Mar 2020
#15