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pa_bourbon t1_j5b2dnx wrote

Reply to comment by pierogieking412 in My face when I saw this months gas bill. by bearsharkbear3

Go look at this chart. Shale boom around here started just before 2010. Prices stayed low until the silliness with Russia and Ukraine started. Russia supplied much of Europe’s gas and that ended when the war started. That was a huge global supply disruption and prices followed.

The shale effect absolutely existed for more than a decade. The chart shows it.

https://www.eia.gov/dnav/ng/hist/rngwhhdm.htm

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pierogieking412 t1_j5bfyif wrote

So all of this was for 10 years of cheap gas?

That's a horseshit deal for us.

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dingurth1 t1_j5c5uwk wrote

for the record and some perspective regarding that chart, $9 is the US historical average. We didn't even touch that with the spike in prices this past year. People are so used to rock bottom energy prices we're complaining about something that's still under the average.

Meanwhile the rest of the world is paying 4-6x what we are. So in that regard we still have it quite good.

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NewUse2430 t1_j5cwehm wrote

Just imagine when clean, fresh water supply becomes commoditized.

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pa_bourbon t1_j5bie7j wrote

Shale swells are still producing. The Russian gas has basically been taken off the market. Supply disruption = price hikes.

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Excelius t1_j5fi0n4 wrote

We'd probably be looking at actual shortages right now without that domestic capacity, instead of just uncomfortably high prices.

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PsychologicalAerie53 t1_j5d98hu wrote

Can’t disagree. However the negative environmental impact of fracking and the delay it caused to the transition to actually clean energy was not worth it. Completely short sighted.

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KentuckYSnow t1_j5der11 wrote

There's no such thing as clean energy. It all has environmental drawbacks, from dammed valleys to eagles whose wings get chopped off. The materials used to store electricity to avoid burning fossil fuels are themselves terrible to extract from the environment, but like much else, it shifts the problem elsewhere and it's out of sight, out of mind.

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PsychologicalAerie53 t1_j5emvdt wrote

Everything has drawbacks. Renewables and nuclear just has fewer drawbacks than fossil fuels.

Critical minerals in batteries are more than 95% recyclable with today’s technology so that isn’t as big of a deal as people think.

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neglectedselenium t1_j5e8s4k wrote

Don't worry about them lithium batteries. There are other more common metals which could replace lithium, like sodium.

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pittpajamas t1_j5b4ghz wrote

Is there a point to your argument? Maybe the chart was the point? Not getting it.

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