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by lettergram
896 days ago
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... I mean to I guess that is -- without oil we'd have an order of magnitude less food and no means of waging war at scale. So the world would be more "secure" in the sense that we probably couldn't wage war across the globe. That said, we'd be starving and far more isolated. |
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Wholesale ammonia prices are about $0.30/kg.
A lot of that wholesale price is natural gas. You can see the relation here.
https://www.eia.gov/todayinenergy/detail.php?id=52358
If you dig at industry press releases you see a lot of interest in using renewables to generate hydrogen to make ammonia. Which says the above is on track that it's economic. And also shields manufacturers from natural gas price swings. Not to mention you can locate plants anywhere.