☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month agoEuropean gas prices jump by as much as 45% as Qatar stops LNG productionwww.euronews.comexternal-linkmessage-square26linkfedilinkarrow-up1122arrow-down10cross-posted to: world@quokk.auworldnews@lemmygrad.mlworldnews@lemmy.ml
arrow-up1122arrow-down1external-linkEuropean gas prices jump by as much as 45% as Qatar stops LNG productionwww.euronews.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 1 month agomessage-square26linkfedilinkcross-posted to: world@quokk.auworldnews@lemmygrad.mlworldnews@lemmy.ml
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkEnglisharrow-up24·1 month agoHonestly, I’m not sure that US exporters have the capacity to fill the gap.
minus-squarequeermunist she/her@lemmy.mllinkfedilinkEnglisharrow-up24·1 month agoThat’s what the price mechanism is for; if there’s a shortage, just keep jacking up the price. 45% might be the beginning. Sure it’ll collapse the economy, but for a short while it will generate incredible profits so who cares?
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkEnglisharrow-up21·1 month agoOh yeah, prices will obviously keep going up since there’s shrinking supply coupled with constant demand.
Honestly, I’m not sure that US exporters have the capacity to fill the gap.
That’s what the price mechanism is for; if there’s a shortage, just keep jacking up the price. 45% might be the beginning.
Sure it’ll collapse the economy, but for a short while it will generate incredible profits so who cares?
Oh yeah, prices will obviously keep going up since there’s shrinking supply coupled with constant demand.