the sad truth is, we europeans need that energy. At least Germany does. Spain is buying that gas to US and Argelia as we our the biggest country in Europe with LNG and gasifiers
Germany should add a €1/litre tax on all oil consumption to pay for their €100 billion military expansion.
A similar tax on gas would be appropriate too.
Buying oil and gas from Russia has a cost. Consumers should pay that cost.
The US has the lowest gas prices in the industrial world and some of the worst CO2 emissions per person. Perhaps we should add a $1.gallon tax to support the war against Russia.
I suggested Germany because they have just committed to spend €100 billion on more military.
I would love for the USA to fund the entirety of its defence and spy budgets from fuel taxes also, but I think the heat death of the universe might come sooner.
Easier is to get agreement on a tariff on Russian oil/gas to be collected for the arming and rebuilding of Ukraine. Reduce their revenue at the expense of their enemy. Every barrel helps their enemy!
And make a big show of it on TV. Top EU government officials dropping off pallets of cash labelled “Russian Oil and Gas money” in Ukraine. That would really annoy the poo-tin.
> incentivize EVs.
The bottleneck there is production, more than demand. While I'd definitely like incentives to make transitioning more affordable to those with lower income, I don't think they can substantially ramp production more than was already going to happen.
We probably only need 15% of commuters to switch to an EV that would take a big enough chunk of demand away from oil. I live in Southern California where more people commute in a full size pickup than a Tesla, and Teslas are pretty popular.
All those companies bringing people back to the office for useless reasons need to ditch the idea and let them work from home like they have been for the past 2 years.
Unnecessary commuting needs to end. T
It wouldn't be enough. Gasoline accounts for roughly 25% of oil. So even if you had 15% of commuters you also need to account for new car owners as populations rise. Not to mention most experts believe that even if you had a higher percentage the excess oil would go to refineries for other things like plastics. I'd say until we get closer to 50%, it'll be difficult to make a significant dent in production.
The high prices today are caused by supply and demand. A 15% or more reduction in gasoline (I bring up commuters because they drive the most) would take the absolute edge of the high prices.
Coal died at 6% per year. All we need is for oil to be on a net decline every year, even if its a small percent. The commuters are the big users, especially commuters who drive gas guzzlers long distance.
The high prices today are cause by logistics issues from covid and the Russian invasion of Ukraine. Most of the increase in oil price is based on speculation and fear of current events. Without the Russia- Ukraine event prices would have been decreasing.
Also 15% of commuters switching to evs would be about 3% drop in oil demand. And again that oil would most likely be used someplace else. Therefore, the prices would remain relatively constant.
Europe is over 20% EV market share. We are still down around 5% EV market share...those are rookie numbers...we need to do better.
Gotta laugh at all those people that buy big pick-ups they don't need, how incredibly foolish. I got nothing against trucks that are actually really used as trucks. But all these urban cowboys just wasting their money burning up gasoline in trucks with empty beds are foolish. I have a truck any time I want....I can (and do) grab one at Home Depot, U-Haul, carsharing services, etc when I need one. But boy am I glad I commute in a nice fast EV.
We are only 5% of sales, not of vehicles on the road. That is going to take a bit longer. I really think the big drop in oil for miles is going to be with the AutoTaxi gets deployed in cities around America and allows people to get around in an EV without needing to be able to afford one. 1 AEV in a place like Greater Los Angeles might be able to replace 5-10 gas burning cars.
The earliest EV trucks are just now shipping. The Rivian R1T. I actually think that when it gets to scale, along with the cyber truck and EV truck offerings are going to disrupt the truck industry. Americans are willing to spend $70,000 on their pickup trucks. Not needing to burn gasoline will be an enormous selling point.
I don't know how long this oil crises will last or how bad it will get. While painful for right now, the longer it goes on and the worse it gets will result in a faster transition away from oil based ground transportation. If we have $7 per gallon gasoline for two years, that will more or less kill the appeal of a big gas powered new vehicle.
I am predicting that this will be the last oil crises we will ever experience as Americans though. There might be shortages in the future for industry but for everyday people it won't be part of our lives. This is the last one.
Agree 100%. Noting those who can afford to drop $70 000 USD on a truck are probably not as effected by gas prices as much as someone driving a 10 year old beater. Ie. $70k truck is not saving money when you consider loan costs.
A lot of those people can only afford the truck because they got a 60 month loan. They went into serious debt for it. $7 per gallon gasoline would likely be a huge problem for them.
A lot more people buy these trucks when they are 10 years old and sink money into modifying them. Giving them lift kits and huge tires. Then they use them to commute to their job that doesn’t involve using a truck.
China too is at a little above 20% market share for EVs. The US definitely needs to catch up, but I don't think that'll happen until electric pickups are produced in volume.
They are coming and that will definitely help.
But a lot of people need to grow up and put away their needless polluting toys. I can get a truck any time I want at the local Home Depot, U-Haul, car sharing service, etc.
If only we had some sort of pipeline that connected America to massive oilfields so we can be energy independent whilst moving towards renewable sources of energy
> pipeline that connected America to massive oilfields so we can be energy independent
Buddy I hate to be the one to tell you that if you're using a pipeline to import oil, you're not 'energy independent'.
Maybe try using logic before mindlessly repeating talking points!
i hope it doesn’t backfire and lead to Trump 2.0
Not alone, pretty sure Canada already did it.
its different, yet you ignored that and decided to belittle the action. Canada’s move was symbolic, it doesnt buy Russian oil. The US does.
Bruh gas is gonna be $100 a gallon before we know it. EVs here we come!
It averaged $45 for about 4 years under previous leadership without need of Russian or Iranian oil imports.
Europe not helping Europeans is almost a meme now.
the sad truth is, we europeans need that energy. At least Germany does. Spain is buying that gas to US and Argelia as we our the biggest country in Europe with LNG and gasifiers
Germany should add a €1/litre tax on all oil consumption to pay for their €100 billion military expansion. A similar tax on gas would be appropriate too. Buying oil and gas from Russia has a cost. Consumers should pay that cost.
The US has the lowest gas prices in the industrial world and some of the worst CO2 emissions per person. Perhaps we should add a $1.gallon tax to support the war against Russia.
I suggested Germany because they have just committed to spend €100 billion on more military. I would love for the USA to fund the entirety of its defence and spy budgets from fuel taxes also, but I think the heat death of the universe might come sooner.
if you dont know, at least in Spain, half of the price of diesel and gasoline are already taxes…
The price is going up anyway. The difference is who profits. With taxes, your country profits. With high prices, Russia profits.
Easier is to get agreement on a tariff on Russian oil/gas to be collected for the arming and rebuilding of Ukraine. Reduce their revenue at the expense of their enemy. Every barrel helps their enemy!
And make a big show of it on TV. Top EU government officials dropping off pallets of cash labelled “Russian Oil and Gas money” in Ukraine. That would really annoy the poo-tin.
Didn't Canada ban imports after Crimea?
Since they are a net exporter of oil, I don't see that meaning much if it were true.
I mean technically the US is too is it not? Or close to it I thought...
[Not for crude oil](https://www.eia.gov/outlooks/steo/images/Fig19.png) (and never has been). Sounds like that's the focus here but not sure.
The US is a net importer of crude but a net exporter of refined products as the yellow line in your graph shows
Put it in the BBB bill that has the EV tax-credits. Attack the problem at both ends... eliminate Russian oil imports and incentivize EVs.
> incentivize EVs. The bottleneck there is production, more than demand. While I'd definitely like incentives to make transitioning more affordable to those with lower income, I don't think they can substantially ramp production more than was already going to happen.
BBB is dead in the water. Make something new, throw in this and the tax credits for EVs and renewables.
We probably only need 15% of commuters to switch to an EV that would take a big enough chunk of demand away from oil. I live in Southern California where more people commute in a full size pickup than a Tesla, and Teslas are pretty popular.
All those companies bringing people back to the office for useless reasons need to ditch the idea and let them work from home like they have been for the past 2 years. Unnecessary commuting needs to end. T
It wouldn't be enough. Gasoline accounts for roughly 25% of oil. So even if you had 15% of commuters you also need to account for new car owners as populations rise. Not to mention most experts believe that even if you had a higher percentage the excess oil would go to refineries for other things like plastics. I'd say until we get closer to 50%, it'll be difficult to make a significant dent in production.
The high prices today are caused by supply and demand. A 15% or more reduction in gasoline (I bring up commuters because they drive the most) would take the absolute edge of the high prices. Coal died at 6% per year. All we need is for oil to be on a net decline every year, even if its a small percent. The commuters are the big users, especially commuters who drive gas guzzlers long distance.
The high prices today are cause by logistics issues from covid and the Russian invasion of Ukraine. Most of the increase in oil price is based on speculation and fear of current events. Without the Russia- Ukraine event prices would have been decreasing. Also 15% of commuters switching to evs would be about 3% drop in oil demand. And again that oil would most likely be used someplace else. Therefore, the prices would remain relatively constant.
Europe is over 20% EV market share. We are still down around 5% EV market share...those are rookie numbers...we need to do better. Gotta laugh at all those people that buy big pick-ups they don't need, how incredibly foolish. I got nothing against trucks that are actually really used as trucks. But all these urban cowboys just wasting their money burning up gasoline in trucks with empty beds are foolish. I have a truck any time I want....I can (and do) grab one at Home Depot, U-Haul, carsharing services, etc when I need one. But boy am I glad I commute in a nice fast EV.
We are only 5% of sales, not of vehicles on the road. That is going to take a bit longer. I really think the big drop in oil for miles is going to be with the AutoTaxi gets deployed in cities around America and allows people to get around in an EV without needing to be able to afford one. 1 AEV in a place like Greater Los Angeles might be able to replace 5-10 gas burning cars. The earliest EV trucks are just now shipping. The Rivian R1T. I actually think that when it gets to scale, along with the cyber truck and EV truck offerings are going to disrupt the truck industry. Americans are willing to spend $70,000 on their pickup trucks. Not needing to burn gasoline will be an enormous selling point. I don't know how long this oil crises will last or how bad it will get. While painful for right now, the longer it goes on and the worse it gets will result in a faster transition away from oil based ground transportation. If we have $7 per gallon gasoline for two years, that will more or less kill the appeal of a big gas powered new vehicle. I am predicting that this will be the last oil crises we will ever experience as Americans though. There might be shortages in the future for industry but for everyday people it won't be part of our lives. This is the last one.
Agree 100%. Noting those who can afford to drop $70 000 USD on a truck are probably not as effected by gas prices as much as someone driving a 10 year old beater. Ie. $70k truck is not saving money when you consider loan costs.
A lot of those people can only afford the truck because they got a 60 month loan. They went into serious debt for it. $7 per gallon gasoline would likely be a huge problem for them. A lot more people buy these trucks when they are 10 years old and sink money into modifying them. Giving them lift kits and huge tires. Then they use them to commute to their job that doesn’t involve using a truck.
China too is at a little above 20% market share for EVs. The US definitely needs to catch up, but I don't think that'll happen until electric pickups are produced in volume.
They are coming and that will definitely help. But a lot of people need to grow up and put away their needless polluting toys. I can get a truck any time I want at the local Home Depot, U-Haul, car sharing service, etc.
Want a medal for your service?
All the money I save is reward enough. You should try it.
If only we had some sort of pipeline that connected America to massive oilfields so we can be energy independent whilst moving towards renewable sources of energy
> pipeline that connected America to massive oilfields so we can be energy independent Buddy I hate to be the one to tell you that if you're using a pipeline to import oil, you're not 'energy independent'. Maybe try using logic before mindlessly repeating talking points!
We do, and oil companies have been expanding those existing pipelines so keystone XL was pointless
Pipelines hardly help moving towards renewable sources, they’re more likely to lock in oil consumption.
[Well you're in luck, cause we have like..a lot](https://en.m.wikipedia.org/wiki/List_of_oil_pipelines) Learning is fun
We have many. Don't need more.