So are you guys in the States seeing prices at the fuel pumps dropping, like we are in the UK?
... maybe you've not noticed!!
Anyhow, the issue I see with the price of crude dropping is that it seems to be a failure of policy not to maintain some mechanism to give advantage to low carbon technologies, for example by increasing tax revenues to return a stable fuel price, and using the difference to support new tech.
You'd think that if anyone in politics was really backing the IPCC's calls that the threat to EV takeup from dropping fuel costs would figure in there, somewhere, but apparently not.
Seems not implausible to me that dropping crude oil prices has been orchestrated as a slap to Russia for its recent perceived 'transgressions', as they rely heavily on stiff crude prices. OPEC is trying to cut production to increase the price of crude, but they don't seem to have quite the same levers they used to have. It's just a thought, but if it were true then it'd be pretty damning that tit-for-tat political toying with Russia's economic interests is seen as more important to some Governments than cutting reliance on fossil fuels.
What do you guys think? The suggestion is the decline in crude prices is going to go on a while. Bad news for EVs? Bad news for sound energy policies?
... maybe you've not noticed!!
Anyhow, the issue I see with the price of crude dropping is that it seems to be a failure of policy not to maintain some mechanism to give advantage to low carbon technologies, for example by increasing tax revenues to return a stable fuel price, and using the difference to support new tech.
You'd think that if anyone in politics was really backing the IPCC's calls that the threat to EV takeup from dropping fuel costs would figure in there, somewhere, but apparently not.
Seems not implausible to me that dropping crude oil prices has been orchestrated as a slap to Russia for its recent perceived 'transgressions', as they rely heavily on stiff crude prices. OPEC is trying to cut production to increase the price of crude, but they don't seem to have quite the same levers they used to have. It's just a thought, but if it were true then it'd be pretty damning that tit-for-tat political toying with Russia's economic interests is seen as more important to some Governments than cutting reliance on fossil fuels.
What do you guys think? The suggestion is the decline in crude prices is going to go on a while. Bad news for EVs? Bad news for sound energy policies?