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Why would Texaco lower their prices? Oil companies know if they restrict the supply the price skyrockets and they directly benefit The world is so reliant on
by slifin 4y ago
Why would Texaco lower their prices?
Oil companies know if they restrict the supply the price skyrockets and they directly benefit
The world is so reliant on oil and cars that people don't lower their dependencies they just pay the new price
- slifin 4y agoMore context here: https://www.youtube.com/watch?v=AQbmpecxS2w https://www.youtube.com/watch?v=AQbmpecxS2w
- 0des 4y agoAlso, see: Enron, California power market manipulation
- ZeroGravitas 4y agoOr the Tesla battery in Australia that paid for itself incredibly quickly, not because it was physically needed by the grid, but because it stopped gas power stations from dicking with supply and demand to maximise their own profit.