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A comment on Evidence of price-fixing in the oil industry?. Parent comment

Re:Evidence of price-fixing in the oil industry? by manmal on Friday May 03, 2024 @03:17PM (#40251236)
Where I live, heat pumps suffered insane price hikes because production couldn’t keep up with demand during the Russian gas scarcity scare. I‘m talking increases of €10+k.

And electricity prices are especially sensitive to gas/oil prices due to how European energy market prices are set. We still haven’t fully recovered from the insane gas price hike that caused all electricity to 2-4x in price (with huge downstream effects on overall inflation).

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Re:Evidence of price-fixing in the oil industry? by Retric on Friday May 03, 2024 @03:37PM (#40251455)
People using gas or oil ran into similar price hikes.

PV or if you’re further north solar thermal actually protected people from price spikes.

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Re:Evidence of price-fixing in the oil industry? by manmal on Saturday May 04, 2024 @02:29AM (#40255407)
I doubt it because energy prices play a big role in almost all goods & service prices. We learned this the hard way these last 24 months.
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Re:Evidence of price-fixing in the oil industry? by Retric on Saturday May 04, 2024 @05:53AM (#40256288)
When you bought something before prices hike the purchase can’t be impacted by the price hike.
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