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Personal Finance and Investing

WSHazel

(580 posts)

9. Fuel efficiency is keeping oil prices down

Reply to gab13by13 (Reply #2)

Thu Sep 18, 2025, 08:19 AM

Thursday

As the rest of the world rapidly converts to electric vehicles, demand for oil drops. OPEC is concerned that the demand will continue to drop, so it pumps more oil now rather than saving it for later, further driving oil prices down.

Green energy saves money. Something that MAGA just can’t wrap its collective little brains around.

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