Re:Evidence of price-fixing in the oil industry?
by rowanG077 on Friday May 03, 2024 @03:37PM
(#40251462)
So make or buy your own generator. Or better yet startup an energy supply company. That's the point of it never beeing monopoly. The market is ripe for entry.
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Re:Evidence of price-fixing in the oil industry?
by Shendare on Friday May 03, 2024 @03:44PM
(#40251539)
So... the electric company can't become a monopoly because you can spend the money and effort to create your own electric company? How can that not be said for anything anywhere that becomes an obvious monopoly?
Re:Evidence of price-fixing in the oil industry?
by JumpCrisscross on Friday May 03, 2024 @03:46PM
(#40251569)
> How can that not be said for anything anywhere that becomes an obvious monopoly?
I can't hook up my own ISP or manufacture my own prescription drugs quite as easily as I can put up solar panels or buy a generator.
Re:Evidence of price-fixing in the oil industry?
by dumbo-octopus on Friday May 03, 2024 @03:48PM
(#40251592)
What exactly are you proposing goes in this generator?
Re:Evidence of price-fixing in the oil industry?
by JumpCrisscross on Friday May 03, 2024 @03:50PM
(#40251621)
> What exactly are you proposing goes in this generator?
Whatever fuel you have access to that's cheapest. For most people, that will be natural gas or propane.
Re:Evidence of price-fixing in the oil industry?
by dumbo-octopus on Friday May 03, 2024 @03:55PM
(#40251678)
So we're back to buying fossil fuels from a third party
Re:Evidence of price-fixing in the oil industry?
by JumpCrisscross on Friday May 03, 2024 @03:57PM
(#40251703)
> we're back to buying fossil fuels from a third party
If we ignore the non-fossil fuel solution mentioned, yes. The point is it's a weak natural monopoly due to multiple alternatives.
Re:Evidence of price-fixing in the oil industry?
by rowanG077 on Friday May 03, 2024 @07:31PM
(#40253463)
Yes that's basically the definition of not beeing able to becomes a monopoly. Any old joe can compete with you.
Re:Evidence of price-fixing in the oil industry?
by aprilthird2021 on Friday May 03, 2024 @04:13PM
(#40251859)
I think there are legal prohibitions on just putting up solar panels and going off the grid in CA. Like I said, it's the same cartel behavior over a different resource. You cannot start an energy supply company in California, only PG&E can supply power to people in California