DudleySmith
Diamond Member
- Dec 21, 2020
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They didn't want them high 2 years ago? 4 years ago? LOL!
That's because they over-drilled like crazy and burning off enough over-produced gas to power half the cities in the country, and Trump began to actively promote the Natural gas exports to Europe and Asia. They wanted a low enough entry price to spur roping suckers into paying for infrastructure and assorted tax freebies and then later they could jack up prices. If they were truly driven by market values natural gas in the U.S would have been free for 20 years.
And, wars also fire up the gamblers to pour cash into commodities produced in states going to war, like oil and grains, you know, stuff produced in Russia and the Ukraine.
They price the market to suit their current strategies, like all oligarchies do. They rig prices to whatever they want. Most people know this, but they hire lots of PR flaks to feed you narratives that fit your ideology or more often fake 'talking points' to deflect from the fact there are no 'free markets', even in baby formula, in the hands of only four companies, with two of the controlling over 80% of the market, about the same percentage Standard Oil had over oil refining and transportation for many decades.