No it’s not a good comparison. The bulk food prices themselves are indeed sold on a similar commodity market, but the pricing of packaged goods is marked by companies selling those packaged goods. Oil and gas are sold at the rates bought and sold through futures contracts directly from the producers. You’re paying the rate the traders got it for, usually with a regulated mark up. If you’re buying from a private utility then you’re on your own buddy.
Very fair take on moral philosophy, but what does that actyally have to do with how commodity prices work??
The US was in a good position to take on a lot of these contracts and the Biden administration, despite what the right might think, is actually extracting more domestic O&G than at any point. The shift is also that when oil prices climb high enough it makes shale production profitable enough to actually extract. I don’t see how it falls back to pre-war levels but the US can also more than make up for the demand with a high enough price per barrel. I think much under $50 a barrel of NYMEX, most of the US producers stop operating.
Good lord that isn’t how commodity prices work. There’s no cabal with complete control over global oil and gas prices. There are groups with varied interests depending on the amount and quality of oil they possess, but even that gets complicated. It boils down to what is on the market and how it’s bought and sold on contracts by global energy traders. Yes, OPEC and Saudi Arabia have some power over prices by increasing and decreasing supply on the market, but that’s been reduced with how much supply has come online over the years in the US and Canada. Russian supply cuts to Europe had a pretty obvious ripple effect, but after a year or so, supplies and relative demand have shifted. This reductionist take is so tiring and is such an obvious sign of lack of understanding how commodities markets, and quite likely economies themselves, actually work in the real world. It sounds almost as crazy as the right wing conspiracies about global cabals.
Because it’s not really his vision. He’s just the anointed one.
I think Trump sped it up, but the same people hiding in their snake holes were working on getting here for years. When Trump goes, they all need to go with him, or they’ll just anoint someone else.
Conservatism as a concept isn’t inherently garbage. These people aren’t just conservatives though. They are fascists.
Some of us that was our only option. I’m sorry I wanted to go to college. I was also 17 and nobody in my family had ever done anything like college before. I was denied federal loans and didn’t know any better. I’m not the OP though and I’m happy for those who can get their loans forgiven. It is what it is for me though. I’ve been steadily paying the past 15 years.
You all got to stop paying? Sallie Mae dumped a shit ton of late payment fees on me for 6mo I wasn’t working over the pandemic and two years later I’m just about back to where I was back then in payments. Shit sucks. Good for you all though if anyone else can at least get out from under this. I’ll be paying until I’m 50.
Did a bot write this? Potentially a bot made from plastics?
It’s worse unfortunately. Even if we stopped using plastic materials today the effects from this will carry on for many generations. Fortunately, I’m confident we will also find ways to mitigate the issue over time as well, but it’s a far greater challenge than lead. Perhaps as a positive the symptoms might not be akin to the violent behavior lead caused around the world. We shall see.
Cornell West is a fraud paid for by the right wing. Please don’t fall for his bullshit. I’m glad Sanders sees it.
It’s not bad though. Zoom is great. Apparently their leadership sucks, but as a product its always done what I needed it to do without issue.
Aren’t Gen Z boys largely voting R? I don’t think it works quite like you are suggesting. That presumes the party will just die out, but that’s been predicted since like the 1980s and that just hasn’t happened.
No, but it’s going to take a pretty good ding to eat that Evergrande turd.
How exactly is China going to take over our financial systems?
Yeah it’s more or less the same as current Reddit, just a smaller community. Bots and bad actors unfortunately exist in a way they simply didn’t 10-15 years ago.
I’d say less so. There wasn’t much by way of disinformation campaigns and bots back when Reddit first started so the posts and comments felt more genuine and organic. Even with Kbin/Lemmy being much smaller, there’s still a ton of weird shit that gets posted here or comments that feel really suspicious. It would be nice for that kind of environment to make its way back, but it seems those days are over.
That usually happens when people don’t want what you’re selling.