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Quick question: What percentage of US electricity is generated with oil?
Nov 30 12:29 pm
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All Comments by Lou Grinzo »The Impact of High-Priced Oil on Solar Manufacturers [View article]
Answer: According to the Dept. of Energy's Annual Energy Review, 1.5% for the most recent, full year. Higher oil prices will do more to push up the cost of solar than they will to increase the demand for solar panels, at least until we see a significant portion of our transportation fleet transitioned to electricity (EV's and plug-in hybrids).