Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Victor_c3

(3,557 posts)
1. In the long-term, higher oil prices are good
Wed Jul 5, 2023, 09:08 AM
Jul 2023

It makes renewables and renewable infrastructure more cost effective. Once renewable infrastructure is built, it tends to stick around. In the long run, this means oil will lose more and more market share as it is displaced.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Saudi says oil cuts show ...»Reply #1