The economics of petroleum would be totally different if you had to pay 5x more for crude to replace Straight of Hormuz blocked imports. Weird that it took way less than 20 years for that to hit.
In the very long run we need to find alternative sources of energy but I think solar is not going to be that solution. Solar is most likely going to be a fringe backup alternative to nuclear power. Batteries have tremendous disadvantages. In the long run some kind of biofuel or synthetic hydrocarbon might win over batteries.
>Weird that it took way less than 20 years for that to hit.
No, it's not weird. It hit in the 70s and is an actual avoidable problem. Don't kick the hornets nest. The issue of the Strait of Hormuz was known to nearly everyone for decades, and we got a bunch of leaders all over the West who are collectively batshit crazy.