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Why are fossil fuels cheap?

Updated: 8/11/2023
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15y ago

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They are not so cheap as they used to be. Now people have to drill further or mine deeper, and states that have a lot of oil put up the prices because they know the demand is there. Oil is now more than twenty times as expensive than it was in 1970.

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15y ago
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Wiki User

15y ago

I dont know but who cares? what do you want it to be expensive?

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