News for hackers. Stuff that matters.
Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by onion2k on Monday August 05, 2019 @07:02AM (#20613039)
Oil will be priced according to supply and demand.

Supply, demand, and subsidies.

Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by LeonM on Monday August 05, 2019 @07:11AM (#20613077)
> Supply, demand, and subsidies.

Supply, demand, subsidies and political stability of the country that produces it.

In short: oil prices are affected by many factors.

Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by luckylion on Monday August 05, 2019 @07:22AM (#20613143)
Isn't that the case for everything, including green energy tech?
Re:Oil Needs to Fall Below $20 to Compete With Green Alterna... by ljcn on Monday August 05, 2019 @07:29AM (#20613191)
I think the distinction is that many people are familiar with green energy being subsidised and surprised that oil & gas (often large, established, wealthy, and profitable companies) are too (at least in terms of tax breaks).