You probably have no issues paying high prices given you’re in the tech field (I presume), but it is an issue for the common folks. Very elitist statement there
More like because I only use public transportation.
Which doesn’t need oil, no… maybe not in your neck of the woods. That’s lucky for you.
Pricing for public transport is not dynamic typically.
The offset comes in form of taxes. It will hit later.
France has a high amount of nuclear power and is less dependent on Russian gas
Nuclear power plants don't produce crude oil though.
You might want to press 10Y on that market chart at some point. Compare to housing.
He probably just doesn’t want the world to be destroyed. How selfish.
Wait until all the Europeans start mining coal again.
The latency is such that that would probably start rationing first.
Some plants were decommisioned recently, very easy to get up again. We import coal for industrial use from Australia, we can use that before we ramp up the mining.
Anyways, this is supposed to be ironic. I'd be glad if that didn't happen.