this post was submitted on 30 Jan 2025
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[–] Cethin@lemmy.zip 7 points 6 hours ago (1 children)

Bad news. Cost of petroleum increasing probably increases the cost of electricity too. Energy is energy. If cost of one source of energy increases then other sources also increase price.

It probably won't be as bad as gas prices, but it's probably all going up.

[–] Bytemeister@lemmy.world 2 points 1 hour ago (1 children)

Good news, my EV holds about 5 dollars of electricity in it. Doubling the price isn't going to be a huge deal. My partner's civic holds ~ 48 dollars worth of gas. Doubling that is going to be painful.

[–] Cethin@lemmy.zip 2 points 1 hour ago

Yeah, good point. Electric is just always going to be cheaper. Still, it doesn't totally remove the effect of oil prices, which should be higher but not like this.