Varolyn t1_j21va2z wrote
Reply to comment by Cortical in Germany shrugs off Russia’s oil export ban, says move has ‘no practical significance’. by Marciu73
Yeah Oil isn’t really that rare of a resource at the end of the day. Although it is funny that back in the 70s-80s the fear with fossil fuels wasn’t so much environmental but rather we would soon run out of fossil fuel sources.
jpf137 t1_j22p863 wrote
The nuance there is that the cheapest oil is long over, but as the price rises some partially depleted wells and extraction methods become competitive again.
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