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At least in USA, there is not really a shortage of natural gas or gasoline. Yet the prices have ramped up.


There is a shortage because the oil producers have realised they can ride the OPEC supply restrictions and make more money. US oil producers are not part of the cartel, but they might as well be. As always, someone does well out of inflation.


The question then is why haven't the price rises been subject to competition authority or anti-trust action.

https://www.theguardian.com/commentisfree/2021/nov/11/us-inf...




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