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Fossil Fuel Interests Ramp Up Their “Solar Makes Electricity More Expensive” Falsehood (cleantechnica.com)

submitted 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 1 week ago* (last edited 1 week ago) (2 children)

They are also more desperate. US oil needs the price to stay above 50$/barrel, and the price of WTI, currently at about 72, has been in decline for the last 3 years, trending downwards. These are desperate plees for help from an industry backed into a corner.

[–] [email protected] 7 points 1 week ago

Ukraine cutting off Russian oil has helped with that a bit. I'd say it could start a trend if western oil companies had enough influence they could also shut down Russian exports to India or their ghost fleet to help support prices. But I seriously doubt Putin will let Trump do that.

[–] [email protected] 3 points 1 week ago (1 children)

WTI?

[–] [email protected] 6 points 1 week ago (1 children)

North Sea oil is called Brent and wti is an American oil. Short for West Texas Intermediate.

[–] [email protected] 5 points 1 week ago

Huh, TIL!

Where did the name Brent come from?