@idea.soup: Why oil can get more expensive #interestingfacts #EduTok #economics #History

Michael McBride
Michael McBride
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Region: US
Friday 13 March 2026 05:44:17 GMT
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sun_shine_dan
SunShine :
Lifted Trucks about to be lifted out of the economy
2026-03-13 05:58:49
2537
non1m0uz3
Nonymouse :
Funny thing is, we all did a drill for this 6yrs ago. A LOT of us could just stay home and reduce the price & not drive in to work 🤷‍♂️
2026-03-13 15:24:14
1293
brianmerkosky
brianmerkosky :
This is why I really don't get the EV hate. Even if you absolutely hate EVs, you should support other people buying them cause it reduces the demand on oil and if enough people switch, the price of gas will drop. Even if you hate EVs, it'll benefit you to have more EVs on the road.
2026-03-13 13:50:31
333
g2941675
G :
Bike, walk, public transport.
2026-03-13 06:58:23
186
_jasonwild
Chunky & Funky 🇨🇦 :
Switching to renewables doesn't seem so crazy now does it 🤔
2026-03-13 13:44:18
658
aarongibbs695
aarongibbs695 :
This is why every country except the USA is moving at breakneck speed toward EVs. Just think about a world where you could literally not care less about the price of oil
2026-03-14 01:32:01
70
welidyqqnom
molecool :
That’s not accurate. Oil producing nations can produce more oil any given moment. And for GCC oil to completely stop flowing MUCH more would need to happen than has happened at the moment. Iran would need to destroy the pipelines and the instrastructure permanently which is possible but very unlikely.
2026-03-13 19:43:57
0
splitdreams
splitdreams :
3/13/2020 we go to zoom for covid. 3/13/2026 we go to zoom because we can’t afford to drive to work.
2026-03-13 20:05:57
286
gaborgeorge1
Gabor George :
if gas becomes to expensive il take a electric scooter, FYI my work place is 3 miles away
2026-03-13 06:36:33
28
andyyyyyyyyyyyy4
Andyyyyyyyyy :
Inelastic goods should all be public owned
2026-03-13 16:21:47
57
tombutu
Tombutu🇳🇴 :
"gas at $10/gal" yea that's happening in Norway. Gasoline $9.82/gal. Diesel $10.60/gal.
2026-03-14 21:39:18
5
baasheep8
Saa :
Weird way to get to a robust public transportation system but I’m down
2026-03-13 20:01:21
54
xovonxx
Carl :
Me looking at the price of gas increase while driving a EV
2026-03-13 15:48:18
27
blackbird110929
BlackBird09 :
Trump is single-handedly rehabilitating the legacies of at least three presidents. Nixon, Bush, and Carter.
2026-03-13 19:49:40
26
sabot_dragoon31
sabot_dragoon :
lol I just taught elasticity in my Econ class, I'm showing them this vid
2026-03-13 14:27:34
142
hl_mtnstosea
hl_mtnstosea :
Solar and wind would have never done us dirty like this. 🫠
2026-03-14 01:01:04
27
lailanidelao2
Lailani De La O :
Also affects the prices of anything that is delivered via truck, basically everything. They are not absorbing the increased fuel costs
2026-03-13 15:31:04
27
cats3687927
Anna :
Too bad the administration cut funding for alternative energy sources
2026-03-13 17:19:20
96
qlenzzz
Qlenz :
US needs better public transportation
2026-03-16 19:55:55
11
paul_the_nerd
Paul the Nerd :
I think a lot of people also forget that like... supply can't really rise to meet demand in the normal way in this case. So demand is inelastic and so is supply. And the only place that can significantly give is buyers leaving the market somehow.
2026-03-13 14:34:08
52
marshmallowman631
MarshmallowMan631 :
we should have been building high speed rail and subsidizing EVs for the past 30 years. instead we subsidized SUVs and pickup trucks via CAFE standards.
2026-03-16 18:08:13
25
morsnox
Mors Nexus Solonium :
America is also literally built to keep the auto industry afloat. you cannot live there without a car
2026-03-15 06:49:21
6
markawesome
mark Awesome :
the alternative is a used electric car
2026-03-16 04:28:32
7
matthewguyton0
Matthew Guyton :
welcome to the problem with Healthcare
2026-03-13 19:20:50
10
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