Originally posted by Antifa Member
Wholesale energy costs rose to 10,000% as well which is the max they were legally allowed to charge. Pretty crazy. In most states there is a certain margin of profit they're allowed to make and that's it. This is gonna get passed onto the consumers so hard lol.
Fuck yeah capitalism MAGA amirite
stfu you retarded faggot. you literally have no clue how the energy markets work.
that number is not based on actual commodity costs, with an analogy being worker hourly pay rate. the normal person makes $8 an hour.
the analogy is, what the texas energy gang said is that, because there are so many workers available that now they have to pay $2 an hour because there is a glut of employees. that is the jist of what theyre claiming: there is such a massive demand for energy, they have to exponentially increase how much they charge. zero associated need for that to happen that is a plausible explanation.
thats an uber simplified explanation but youre a dumb shitskin who couldnt grasp the concept anyway.