I never said it would happen immediately ๐
Gas isn't energy
It absolutely is. Do I need to explain why that's a ridiculous take, or have you had enough coffee by now to realize it?
Yeah, I was honestly wondering what an election conspiracy theory could possibly be coming from Kash Patel's FBI.
I mean... Gas prices are relatively low right now, at least here in 'Merica. I've seen them more than double what they are now, how did that happen?
It does? I honestly love it and it will be very hard for me to go back
Still nothing terribly new here. Energy has always had inelastic demand, meaning usage doesn't change much with price. Whether gas costs 1, 3, or 5 dollars people still need to get to work and will still buy stuff. Maybe people will start to combine trips or whatever with higher prices, but nothing huge.
Which wasn't a factor before? ๐
I'm not sure about that. The way I see it, there will be more supply for the below-expectation demand, which would make prices go down
The same way you pay more for gas in summer or when the economy is doing well: demand is higher so prices go up.
I mean, I'd rather he ignore us than gestures wildly at everything
Supposedly that's Bari's reason for spiking it. Still, the firsthand account from the people detained isn't very common, and it's uniquely telling that the government is citing criminal acts for which the guy pleaded out of and is legally innocent over.
Energy is not created or destroyed, it only gets transformed from one form to another. Fuel represents a storage of energy. So when you burn fuel, you are taking the energy contained in that fuel and using it to create heat energy, harness it to make a car move, generate electricity (which you seem to agree is energy as well), or whatever.
Think about high school physics. Bring a 200 pound weight to the top of a tower, and it has potential energy. Nothing happens, just as nothing happens to fuel without a spark, but if you drop it out turns into kinetic energy. Let it hit the ground, and the sidewalk will absorb some of that energy as it breaks, it gets absorbed into sound energy, the whole process repeats on a smaller scale as it bounces, etc. All energy, and not in the hippy "the universe is all energy, maaan" kind of way.
The first part of this Technology Connections video also shows how propane is stored energy that gets converted: https://youtu.be/OOK5xkFijPc - just because that spark was needed to convert the energy in that propane to heat, doesn't mean the spark is the source of the energy. If you're going to be pedantic enough that I have to explain that.