posted by kizer permanente
I guess you missed the point too. NG is up everywhere due to decline of production from this Russia situation. The US (and rest of the world) is already stuffing in containers as fast as they can and have been for years,.. but yeah, it's Biden's fault lol.
You would be right if oil/NG/gasoline prices were strictly supply and demand.
However, as much as it is stupid, the reality is that a huge driving force in those prices is speculation. Similar to the stock market and how peoples “perception” of how things are going.
Due to that political policies and therefore politicians can affect gas/NG prices, even if it isn’t 100% of the price like QO and Spock like to believe, but on the same token you can’t say that whoever the current people in power has zero to do with the prices either.