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Glad I didn't lock in a "low" price with my gas supplier. Everyone was predicting higher energy prices.
by ars 6y ago
Glad I didn't lock in a "low" price with my gas supplier. Everyone was predicting higher energy prices.
- starpilot 6y agoExcept for the data scientists at your gas company :)
- eru 6y agoYou don't even need in-house data scientists for that. Just look at the futures market. The futures market not only gives you guidance for how prices are expected to develop, but also lets you transfer the risk of price movements to willing counterparties. Sometimes for a fee, of course.
- eru 6y agoThat's a bit weird? If everyone was expecting higher prices, why didn't speculators make the prices go up already?