Um, well, a lot will be different, but nothing with regards to gas prices or inflation. And this is coming from somebody with a passionate bordering on maniacal hate for democrats.
Um, well, a lot will be different, but nothing with regards to gas prices or inflation. And this is coming from somebody with a passionate bordering on maniacal hate for democrats.
So yes, a Democratic admin that cancels projects and talks about windfall tax on oil company profits does disincentivize new supply and raise the cost of oil/gas.
The net result may be even worse greenhouse gas emissions as poor countries turn to coal as a cheaper alternative to Oil.
The energy transition needs to be responsibly managed... a cold cutover will backfire in a huge way, as I'm sure we'll see in November
2. Let's all buy a $70,000 electric car. The insurance rate alone would negate any gas savings across a 40 year time frame for most people