We don't have electricity substitutes for diesel. Heavy oil provides diesel but its price stays too low for producers. Physics plays an important role.
  • doomer@lemmy.worldEnglish
    3·
    1 year ago

    I saw a headline this morning that hedge fund managers are bullish on diesel. And the logic here seems to check out from what I skimmed. Will be interesting to see how this develops. A consumption downturn might kick the can out further.

  • tnarg42@lemmy.worldEnglish
    3·
    1 year ago

    The comments on that article are just a shit-show. It kind of hurts the credibility of the author when you see all that.

    • eleitl@lemmy.mlOPMEnglish
      5·
      1 year ago

      Comments everywhere are a shit show, unless heavily moderated. Credibility of the author is established on whether the facts are accurate and support the argumentation. Gail is not without fault but is always worth reading.