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.
EnderWi99in
joined 1 year ago
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.
No, but it's going to take a pretty good ding to eat that Evergrande turd.
This is a thing that isn't happening, at least not among Gen Z. What a bullshit article.
Paid for by the paper towel industry which was in response to the hand dryer industry putting out it's own paid study about how paper towels just spread fecal matter around your hands. It's all shit no matter how you spread it.
What is with the China apologists in this thread? Wtf??
I'm with you. If we keep migrating to something else we'll never actually settle to create a real community. I'm sticking with Mastadon. It's grown into something pretty stable and decent at this point.
And Bobby knew this shit like 20 years ago. It regularly gets into the low 100s in July and August in that region. It's not so terribly bad since it's dry heat, especially when there is wind. Arizona isn't even the highest risk area. The biggest issue in the US wet-bulb temps in the southeast.
I believe his main goal is turning Twitter into something of an "everything" site where he's looking to combine the likes of Facebook, Instagram, TikTok, YouTube, Discord, and Venmo/Paypal into a single service. I don't know if it was his goal when he bought it or if it has any chance in hell of working, but that's something he at least said (while probably drunk) fairly recently.
That usually happens when people don't want what you're selling.