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A comment on The global oil market is broken, drowning in crude nobody needs. Parent comment
We’re going to need to bounce back as much as we can, which means increased oil consumption.
It might mean coal gets knocked back, however!
Just saw a coal train going to the coal export terminal by my house that looked mostly empty.
Already, coal is down to just 22% of US electricity as of the end of January. It’s possible it could fall below nuclear power by the end of the year.
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We’re going to need to bounce back as much as we can, which means increased oil consumption.
It might mean coal gets knocked back, however!
Just saw a coal train going to the coal export terminal by my house that looked mostly empty.
Already, coal is down to just 22% of US electricity as of the end of January. It’s possible it could fall below nuclear power by the end of the year.