Oil prices ‘could reach $100 a barrel in days’ as UK warned of gas shortage crisis
www.independent.co.uk
Disruption in the Strait of Hormuz is halting oil trade and hiking prices
    • ohulancutash@feddit.ukEnglish
      3·
      2 months ago

      Until supplies dwindle and they need oil to make more plastic components, or until demand outstrips supply.

      • DMCMNFIBFFF@lemmy.worldEnglish
        2·
        2 months ago

        If the price of oil rose to $1000 a barrel, or less than $10/kg, it might still be economical. Also, IIUC, petroleum might not be necessary, and plastics can be recycled.

      • mmcintyre@lemmy.worldEnglish
        1·
        2 months ago

        While manufacturing plastic ain’t that great, it beats burning petro any day as far as climate change and air quality are concerned.