this post was submitted on 10 Dec 2023
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Do you think we literally use oil as we dig it up with no buffer?
Or that oil extraction amount isn't being constantly adjusted based on demand by every entity in charge of it?
Or that if more ICE vehicles were on the road more oil would be needed?
These are all very basic concepts
i think there is no way to prove we would have dug up and burned any more oil than we did since we can't prove a counterfactual. what we do know is, despite an increased use of electric vehicles, oil extraction increased.