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@hazelisonline: Aaaaaaaaaaaaa #economics #ecotok
Hazel Thayer
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Region: US
Wednesday 16 March 2022 17:40:45 GMT
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Comments
N :
Hadn't thought about this. We should definitely use every opportunity to move away from fossil fuels
2022-03-16 17:58:54
23
Chloë :
you realize you don't have to make more infrastructure to ramp up production right?
2022-03-16 18:08:38
10
hickeymickeymike :
this is a great point. in oppisite if we had never gotten rid of our oil capabilities we wouldn't be at the mercy of russia here. also it would also-
2022-03-16 18:30:08
0
Danijel Knezevic :
nope on the nuclear, that's super complicated and expensive
2022-03-16 18:31:24
0
WhysGuy :
Also also WE ALREADY HAVE THE SUPPLY these companies are just price gouging
2022-03-16 17:54:27
3
TheRedBloc :
oil is used for a lot of things not just pwr/transport. our economy and government are way to incompetent/unmanageable to make a big switch/decisions
2022-03-16 18:07:16
0
mark mahowald :
Money.
2022-03-17 18:17:09
0
GumboRule :
the materials for electric vehicles are quite scarce. the energy is the only easy part of that equation.
2022-03-16 17:56:54
1
hatetechstuff :
I think they have a lot of permits open and pipes they can run but werent because they were buying foreign supply (achem exxonshell achem)....
2022-03-16 18:34:30
0
idk man idk :
academics waaay too often never study other fields than their own, or work outside it, and this is one result 😂
2022-03-16 17:51:16
62
GravelRoads :
Less profitable drilling and exploration were shutdown while crude price was low. Higher price means turning on more pumps.
2022-03-16 18:00:12
16
al 🔻 :
the oil in your tank is definitely many many months old before it even gets to the gas station
2022-03-16 18:01:42
4
candler red :
probably because they're more committed to maintaining American imperialism than they are to providing energy.
2022-03-16 18:00:35
4
Pusher :
it's all ✨bullshit✨
2022-03-16 23:08:20
4
Kev :
Cuz their PR teams want to use the "oil shortage" narrative to amplify public desire for more drilling babyyyyy
2022-03-16 22:12:51
1
blob :
99% of global car stock runs still on gasoline/diesel. We should build wind turbines, but they aren't running our cars yet..
2022-03-16 18:08:08
1
geoslade :
Meh, there’s places/ways to ramp up HC production in <90 days, but real reason is obv “same as it ever was” thinking
2022-03-16 17:59:24
1
Jason :
I hope they choose nuclear because it is less toxic to the environment, safer, and more reliable
2022-03-16 17:54:45
1
noflexzone :
I agree on investing in renewables, but you’re wrong here. We have active wells we don’t operate due to cost vs oil price. Subsidies would change that
2022-03-17 00:13:02
0
Dav Dave :
oil is used for cars. there are no renewable shipping options. please continue enjoy your winter fruit and qsiqm electronics
2022-03-16 23:57:51
0
🤯 :
4 words you never want to hear from the manager on a Nuclear plant project: yeah, we hurried it. 🥺
2022-03-16 20:31:39
0
nbjorn :
ask the priviose generation of eco dumm fcks wat they did😏
2022-03-16 20:25:19
0
pierce the handsome :
It's they're in the pockets of big oil. And the anti-nuclear environmentalists are actually just anti-capitalists.
2022-03-16 20:21:41
0
Colin and Loki :
Maybe we don’t “hurry” the nuclear plants. That’s one area im good with them taking their time with 😂
2022-03-16 18:40:32
0
Tarq :
Where do you wanna get the panels and turbines from? China? The same China that's about to openly support Russia in dodging sanctions?
2022-03-16 19:34:13
0
Finkployd :
Oil output is almost never at max capacity coz depending on spot prices a % of production is too expensive to turn on
2022-03-16 19:29:01
0
smiggs :
gas is the biggest issue in Europe, converting all households away from gas heating is a generational project.
2022-03-16 19:28:58
0
mnky9800n :
you still need fossil fuels to do everything you are talking about. for example, how will the concrete be made without oil and gas products?
2022-03-16 19:04:12
0
endblos :
Because we have corrupt goverments, AND solar and wind enegy is not enough, only nuclear is viable
2022-03-16 19:02:52
0
🌻 Ray 🌻 :
There’s not true competition just in the US, they ration the fuel to squeeze all the profits out without importa
2022-03-16 18:50:46
0
standardDeviants :
It makes more sense economically to actually mine and use the abundance of natural resources locally than import from the other side of the world.
2022-03-16 18:50:28
0
Chungus :
I don’t think it’s a good idea to hurry with nuclear plants, and it’s also not only about electricity, oil is used for many different things.
2022-03-16 18:49:48
0
COUBSAUCE :
they're not talking about new rigs. They're taking about increasing output at existing ones and releasing strategic reserves. immediate impact.
2022-03-16 18:47:19
0
RikkiTikkiTokki :
Are you seeing economists say this, or just pundits?
2022-03-16 18:44:44
0
Lajerman :
It works because is oligopoly, normally production is lower than maximum capacity, because it generates more profits.
2022-03-16 18:43:25
0
JP386 :
cause all current transportation/ modern amenities is based on oil...even wind turbines,
2022-03-16 18:42:10
0
🇿🇦 Solarpunk Cinema 🇿🇦 :
Oil companies see an opportunity to make more money 💀🤬 their logic being "If you can't make money during a war, you can't make money" 😤
2022-05-21 12:05:33
0
flustered-duck :
yes, what an excellent idea, hurry when building a nuclear power plant 👀
2022-03-18 17:21:08
0
JoseJaimes475 :
💙💙
2022-03-16 17:47:55
0
Light :
but... but... ma.. fossil fuels???
2022-04-14 06:57:49
0
Malevolent Hermit :
Nuclear plants take the longest out of all of them, because of safety requirements and complex engineering.
2022-04-13 04:39:16
0
JL :
but what about the rich oil investor's bonuses?
2022-04-03 19:41:44
0
Evan :
Marx tried to make it make sense and even he found that capitalism is inherently contradictory so we can’t make it make sense.
2022-04-03 17:14:04
0
logicallyconsistent :
bc alot of oil is already piped just got to move the pumps and employees there...thats it. pipelines are already in place
2022-03-26 16:30:51
0
danjalveskandar :
Its all about that money...
2022-03-26 11:16:51
0
izuagbe :
fossil fuel companies are also just not doing it bc increased demand means more profits for them
2022-03-21 11:51:49
0
Mighty Lizard King :
Fossil economy demands more fossil whodathunk :/
2022-03-21 00:49:30
0
CaolinD :
As an engineer it takes a lot of time to make nuclear plants much more than anything else. But wind turbines are way to go that or PV
2022-03-17 01:50:27
0
XiStanTall :
I'm against it, but PV, wind, etc aren't heating, doing most transport or providing flux carbon for metallurgy right now
2022-03-17 22:49:40
0
Dennis :
Some oil rigs can be turned on with relatively short notice but I'm not sure what the volume is.
2022-03-17 16:05:42
0
Andrew :
more supply should mean lower prices for everything. all goods are transported by machines or vehicles that require fuel.
2022-03-17 15:33:17
0
Vikyllatn :
DO NOT hurry when making a nuclear power plant please and thank you. It doesn't need another PR disaster.
2022-03-17 14:59:25
0
user148856357843 :
oil production is more energy efficient than wind or solar and its faster and cheaper to build then nuclear power plants. also most cars arent electri
2022-03-17 08:32:11
0
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