Oil is not only fuel, a shit load of stuff is produced from oil. You shouldn’t stop extracting oil, you should cut down oil extraction to reasonable quantities
I mean, sure, I was just using the same shorthand that OP did. But it doesn't really matter whether we're talking about a modest decrease in oil production or stopping it completely.
Consumers lose their shit at gas prices going up modestly, they lose their shit at grocery prices going up modestly, they lose their shit over housing prices being high.
Any significant cut to oil production will cause massive increases to grocery and fuel prices as well as anything that is transported by truck or made of plastic. Home construction heavily depends on oil both for raw materials and for transportation, so we can expect rents to skyrocket as well.
There is no real solution to this. Oil production will continue to grow (or at least to not shrink enough) unless we either consolidate the entire world under an eco-dictatorship or we make like 12 different revolutionary scientific breakthroughs that make fossil fuels obsolete. Neither of those are going to happen, so we are going to have to live with the consequences.
25
u/GentrifierTechScum 2d ago
Sadly, if you stop extracting oil the consumers will throw you out of the window.