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A comment on Consumer electricity prices in Germany climb to record high: 45-80 Cents/kwh. Parent comment

Re:Consumer electricity prices in Germany climb to record hi... by LatteLazy on Thursday December 30, 2021 @10:34AM (#29737519)
But that's the situation everyone is in isn't it? If the Saudis and Iran stop pumping oil then all developed economies will be in the shit. But I don't see any nation radically building vast nuclear facilities... The same goes for China and cheap consumer goods or Taiwan and semiconductors.

The only place that's even close to independent is North Korea...

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Re:Consumer electricity prices in Germany climb to record hi... by rad_gruchalski on Thursday December 30, 2021 @03:55PM (#29741321)
> If the Saudis and Iran stop pumping oil then all developed economies will be in the shit.

Oil is 70% of KSA export earnings. If they stop selling, they are also in shit. Iran is 5% of worldwide supply, biggest buyer is China.

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Re:Consumer electricity prices in Germany climb to record hi... by LatteLazy on Friday December 31, 2021 @07:10AM (#29747292)
Saudi cut their pumps last year didn't they? After 40 odd years of OPEC prices they can afford to just pour money out like a fire hose for a long time...
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