Democrat Joe Biden’s remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states.
“I would transition away from the oil industry, yes,” Biden said in the presidential debate’s closing minutes under peppering from Trump. “The oil industry pollutes, significantly. … It has to be replaced by renewable energy over time.”
AP
Despite an “investment” of about $380 billion from 2004-2015, “renewable” energy consumption only increased by 3.6 quadrillion BTU.
That’s $105.56 per million BTU (mmBTU).
The wellhead price for natural gas is currently around $3.30/mmBTU ...Read all!
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