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).
Supply, demand, and subsidies.