Many people are predicting a surge in Energy prices this winter. Oil is now at a 14-year high.
I have been optimistic about the economy improving after Covid subsides, but I am considerably less so now.
We have to recognize that renewable energy has many disadvantages.
oilprice.com/…
I don't necessarily agree with everything this author says, and they appear to be quite conservative. I hope their predictions are not borne out. But it's worth thinking about. We could be making a big mistake.
Politically, this will only help the Republicans who have an easy answer for what is causing high prices and shortages. And their answer would not be entirely wrong.
It may be time for Democrats to moderate on the energy issue. Do we really want to see high prices, and do we really want to see the possibility of Donald Trump returning to power in this country, or one of his many imitators who could very well be worse?