31 Jul 2022 4:11 pm
Lower CO2 emissions have largely been a result of a shift from coal to natural gas in the electricity generation mix. In 2005, coal made up 50% of U.S. electricity generation; that share declined to 23% in 2019. Conversely, natural gas increased from 19% of total generation in 2005 to 38% in 2019. Thanks President Trump!!OlderGuy » 30 Jul 2022, 10:30 pm » wrote: ↑ The high gas prices are caused by the pandemic shutdown which was world wide if you recall.
And if you recall that far back you probably remember gas prices fell almost as if the carbon fuel industry was falling in a big patch of quicksand.
It came to the point that holding a barrell of oil was a hughe liability.
Once the economy came back, which it did quickly - many economist proclaim far too quickly, the demand soured.
This is the world oil supply, that's how oil is sold.
No president has the ability to change that fact. It's called the law of supply and demand.
And get this straight - we need to get off fossil fuel, should have started this drive 40 years ago!
I think it would be really really great if more people understood how the economy works!
We'd have a much better world if they did.
And why was Xiden sucking Saudi scrotum to produce more oil if not one country had the ability to affect global gas prices.
imagine what the price of oil would be if the American's were pumping at full capacity. CO2 would be dangerously low as more industries continued to switch from coal to natural gas.
