Originally posted by: Inigo Montoya
Intermittent power sources can be useful to bolster a grid, but not as the primary source due to the lack of storage capability.
Anyway, we aren't reliant on the ME for oil, the rest of the world is. Why do you think Trump took Venezuela first? But we are very dependent on fertilizer, that's really gonna fuck up future food prices.
It's not a matter of "reliance," it's that oil markets are worldwide. If the rest of the world needs oil, well, then, our domestic producer will sell to them at the world market price, and domestically only at that price. Now, that does produce an inflow of capital, but it doesn't go to us--it goes to the mega corporations that stole it from us.
Other countries with high petroleum production give their citizens a huge break with fuel prices. We don't. That's because we have noble free market capitalism instead of SOOOCIALISM. In civilized countries, the oil in the ground is considered to be a shared asset that belongs to the people. Not here!
Re intermittent power sources and storage: hydropower solves that problem. And if there are "intermittent" sources such as wind and solar, that would greatly reduce the rate at which the reservoirs are drawn down to generate power. Lakes Powell and Mead, etc. function as immense batteries, and solar and wind would recharge them, along with rainfall.
We can make fertilizer in sufficient quantities to deal with a worldwide shortage, but I was talking only about energy. The US has quite a lot of potash reserves, FWIW.