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Seethe harder, oil execs. You bet it all on black and it landed on green.
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.
In case people were wondering where Yellen gets her ideas from
Sounds like a great reason to re-nationalize the public utility companies.
Well, yah. But storage and diverse means of production obliviate that concern, no?