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A comment on The engine of Germany's wealth is blocking its future. Parent comment

Re:The engine of Germany's wealth is blocking its future by nine_k on Monday March 09, 2026 @12:19PM (#47311101)
Also, oil will only get more expensive in the long term, and electricity is going to get cheaper, with more and more solar panels generating electricity locally "for free".
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Re:The engine of Germany's wealth is blocking its future by nindalf on Monday March 09, 2026 @01:21PM (#47312107)
> oil will only get more expensive in the long term

Will it? Oil price will reach an equilibrium because lower demand due to electrification will lead to lower prices, which will increase higher consumption.

There are enough low cost oil producers like Saudi Arabia to keep the pipes filled with oil at whatever the prevailing market price is.

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Re:The engine of Germany's wealth is blocking its future by imtringued on Tuesday March 10, 2026 @05:44AM (#47321037)
The price of gas is $9 per gallon in Germany right now.
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Re:The engine of Germany's wealth is blocking its future by wqaatwt on Monday March 09, 2026 @06:19PM (#47316446)
Oil (prior to the current pointless war) was pretty cheap, though. Adjusted inflation cheaper than e.g. it was at any point between 1975 and 85.
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