this post was submitted on 30 Mar 2024
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[–] sonori@beehaw.org 1 points 7 months ago

Because as we all know, Natrual Gas has an extremely steady and nonvolatile price, especially now that we’ve spent hundreds of billions tying North America’s previously independent pricing to the gobal price.

Or we could, and this is a very crazy idea, go back to not attaching a tradable minute to minute commodities market and instead give control back to reliable contracts and the operators who actually manage the grid.

[–] naturalgasbad@lemmy.ca 1 points 7 months ago

In case people were wondering where Yellen gets her ideas from

[–] Chuymatt@beehaw.org 1 points 7 months ago

Well, yah. But storage and diverse means of production obliviate that concern, no?

[–] Omega_Haxors@lemmy.ml 1 points 7 months ago* (last edited 7 months ago)

Seethe harder, oil execs. You bet it all on black and it landed on green.

[–] Savaran@lemmy.world 1 points 7 months ago

Sounds like a great reason to re-nationalize the public utility companies.