anotherlife
Gold Member
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- #41
Yes, but I think the 2nd and 3rd para is negated by cornered speculative control. As per this, the speculators control supply to be just under the demand levels, so that the slightest disruption brings them unlimited profit spikes.it's kind of a catch 22Which would give incentives to Barons to drill baby drill.Gas prices will rise because of trump. You will pay up to 8 times.
This is because trump is now removing all regulations in all industries.
In the energy sector, this means that the largest institutional speculators will be able to merge, and buy up all the gas. This happens regularly in other countries, especially in oil exporters such as Nigeria and Romania. You will not be able to buy gas at the pump.
Was it worth it to vote trump instead of the corporate whore?
when prices are high, there is incentive for oil barons to drill baby drill...
but also
when prices are high, consumer demand falls to mere necessity, causing oil reserves to rise and eventually lower prices to reduce the reserves or quotas...
But also... renewable energy and more efficient car standards will be taking another leap forward.