At last, something we can all agree on- best cure for high prices is high prices. But, I wonder if it has occurred to you that buyers contribute to price escalation. They are at liberty to refuse on principle to buy any fossil fuels, and if they all do that there is an over supply and price falls. Why don’t buyers refuse? Because there’s no other choice right now and so they pay more than what the other guy is paying to secure some supply. Why is there no other choice? Because the squeaky wheels condemning all forms of fossil fuelled energy have spent too much effort talking about how great renewables are but not doing enough about making them happen. Great while the sun shines and the wind blows, but how many orders of magnitude above the existing level of total supply will be needed for renewables (plus storage) to do the same job? And, therefore how many years at current rate. It’s abundantly obvious that it’s not a one to one substitution.
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$7.74 |
Change
0.090(1.18%) |
Mkt cap ! $25.13B |
Open | High | Low | Value | Volume |
$7.74 | $7.80 | $7.71 | $70.72M | 9.111M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 20574 | $7.74 |
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Price($) | Vol. | No. |
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$7.76 | 30000 | 1 |
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No. | Vol. | Price($) |
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1 | 7000 | 7.730 |
2 | 779 | 7.700 |
2 | 3702 | 7.680 |
2 | 5019 | 7.670 |
3 | 1565 | 7.660 |
Price($) | Vol. | No. |
---|---|---|
7.780 | 3859 | 1 |
7.800 | 5958 | 5 |
7.810 | 5000 | 1 |
7.820 | 15500 | 4 |
7.840 | 1400 | 2 |
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