tbf the cost of energy is pretty important because it’s a part of basically every product.
that’s actually precisely why i think the whole world should install more solar panels. it would make energy cheaper overall, and interestingly enough it would also make oil cheaper, since oil consumption would be lowered (because people can use electricity as a cheaper replacement) and that would mean there’s lower demand for oil while supply stays the same, so oil becomes cheaper too. solar panels help literally everyone, including the gas-guzzlers.
tbf the cost of energy is pretty important because it’s a part of basically every product.
that’s actually precisely why i think the whole world should install more solar panels. it would make energy cheaper overall, and interestingly enough it would also make oil cheaper, since oil consumption would be lowered (because people can use electricity as a cheaper replacement) and that would mean there’s lower demand for oil while supply stays the same, so oil becomes cheaper too. solar panels help literally everyone, including the gas-guzzlers.
https://www.eia.gov/tools/faqs/faq.php?id=427&t=3
Yeah less than 1% of energy is coming from oil sources in the US.
Other fossil fuels are typically transported by barge, rail, or pipeline.
Barge and rail could use oil to transport things like coal, but that’s not going to be a significant portion of the cost.
I agree we need to be investing in renewable energy, but it’s not going to impact the price of gasoline unless most switch to electric vehicles
yeah that’s what i meant