European Gas prices just surged 50% after the Qatari LNG production is under attack
European Gas prices just surged 50% after the Qatari LNG production is under attack
It seems to me that every conflict spikes oil prices, relatively unpredictably (if you can call this unpredictable).
Maybe the world should look for alternative sources of energy, which are abundant, cheap, and can be deployed non centrally?
No. No that’s insane.
Yes, it is more so the efficient processing and refining that is rare.
You can make a T-shirt anywhere, but if you have to first build your own cotton farms and factories locally, construction will take years and your shirts will cost 10x more.