LogFAQs > #965623860

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TopicPrice of Gas where you're at??
adjl
06/07/22 5:55:18 PM
#22:


streamofthesky posted...
$5 exactly yesterday.

Fuck OPEC for keeping the barrels extracted artificially low and fuck U.S. companies for putting stock share prices above investing in more drilling.
We're actually still (globally) at lower demand than before the pandemic. But the supply is way lower than before it, because they massively cut back in 2020 and are slow rolling the "return to normal".

Why get back to normal supply when you can put in less work to produce less supply and use that "shortage" to justify charging twice as much for it?

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