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At least in USA, there is not really a shortage of natural gas or gasoline. Yet the prices have ramped up.
by landemva 5y ago
At least in USA, there is not really a shortage of natural gas or gasoline. Yet the prices have ramped up.
- hgomersall 5y agoThere is a shortage because the oil producers have realised they can ride the OPEC supply restrictions and make more money. US oil producers are not part of the cartel, but they might as well be. As always, someone does well out of inflation.
- neilwilson 5y agoThe question then is why haven't the price rises been subject to competition authority or anti-trust action. https://www.theguardian.com/commentisfree/2021/nov/11/us-inflation-market-power-america-antitrust-robert-reich https://www.theguardian.com/commentisfree/2021/nov/11/us-inf...