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The Advantages Of Fossil Fuels. Reliable Energy. Fossil fuels provide an extremely reliable and efficient for of energy, especially when compared to the reliability of other sources of energy such as wind or solar. Fossil fuels are also the cheapest form of energy that we have discovered.he Advantages Of Fossil Fuels. Reliable Energy. Fossil fuels provide an extremely reliable and efficient for of energy, especially when compared to the reliability of other sources of energy such as wind or solar. Fossil fuels are also the cheapest form of energy that we have discovered.
Fossil fuels power our lifestyles and drive the nationâs economy. Oil, natural gas and coal provide lights, air conditioning and heat for homes; fuel for transportation; and energy that powers all types of production.The nationâs economy and much of its infrastructure revolve around fossil fuels; consequently, these energy sources have important economic impacts. chief drawback to fossil fuels is the amount of pollution they create. Pollution is a classic example in economics textbooks of a negative externality. Pollution affects the health and quality of life of all people and leads to costly regulations designed to limit pollution.