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Comment on Fossil Fuel Interests Ramp Up Their “Solar Makes Electricity More Expensive” Falsehood

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

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Skyrmir@lemmy.world ⁨2⁩ ⁨weeks⁩ 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.

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threelonmusketeers@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago
WTI?

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- Tobberone@lemm.ee ⁨2⁩ ⁨weeks⁩ ago
  North Sea oil is called Brent and wti is an American oil. Short for West Texas Intermediate.
  
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  - threelonmusketeers@sh.itjust.works ⁨2⁩ ⁨weeks⁩ ago
    Huh, TIL!
    
    Where did the name Brent come from?
    
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