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Old Crank

(6,233 posts)
1. What a surprise!
Wed Sep 3, 2025, 06:36 AM
Sep 3

Gas and oil use will be declining in the world, if not in the US..

Smaller countries are going with EV, solar and wind. It means they don't have to splash out for imported fuels near as much helping their own treasuries.

This will help reduce demand for fossil fuels and keep prices lower. If too much demand is shifted to renewable the US producers will be in a bind. They need a lot more per barrel than the Saudis. I think the difference is around $20 plus per barrel.

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