Re:Evidence of price-fixing in the oil industry?
by Ductapemaster on Friday May 03, 2024 @03:37PM
(#40251459)
While all of this is true, there is a monopoly on distribution. Doesn’t matter where it comes from if one entity owns the pipes.
- electricity can be generated many different ways
- many generation sources aren't dependent on resupply. Spiking the price of lithium doesn't prevent existing batteries from working, it only makes new ones more expensive. Solar, wind, hydro and nuclear (to a lesser extent)
- electricity supply is heavily regulated, for better or worse.