What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

https://lemmy.zip/post/60756699

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars. - Lemmy.zip

Lemmy

It can hit £500/barrel and my bike will be just fine
It’ll affect prices on everything though, because of the transport costs skyrocketing.
Here we produce a lot of food locally, and for energy we mostly rely on renewables. It’s pretty good, we haven’t been affected as much by the oil and gas prices.
Are you saying you are a farmer and your equipment is electric?
Where do allotments fit in? Not exactly a farmer but I am growing food. Supplement it with a few sacks of grain and that is plenty to survive. Grain is cheap and even if it goes up 10x in cost it’s still going to be affordable
I just think that people don’t understand how oil is used for everything. Organic farming, plastics, fertilizer, lubricants, the list is endless. It will affect every part of your life, even if you live on the minimum necessary. The only way you aren’t being affected financially is if you live in an uncontacted tribe in the middle of the Amazonian rainforest where even loggers don’t go.

I am aware that some oil is in some way used for pretty much everything. But oil is also not the primary cost for almost anything. So double fuel costs won’t even double the cost of the product.

I would like to say I hope it will encourage people to seek more environmental options, but it happens every single time. Omg petrol is expensive we shouldn’t be so reliant on it. Oh its cheaper again now, lets not bother with those wind turbines because I don’t like the look of them.