this post was submitted on 12 Jan 2024
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[–] KpntAutismus@lemmy.world 23 points 10 months ago (2 children)

the speculative gas prices need to go.

calculate the price, and then a reasonable profit margin on top of that. i don't wanna tune ito the "stock market of consumable goods" everytime my car runs out.

[–] cmac@lemmy.world 16 points 10 months ago (1 children)

Just stock up on gasoline futures when they're cheap, then trade them in at the pump when you need it. Then you never have to worry again!

[–] KpntAutismus@lemmy.world 4 points 10 months ago (1 children)

i'm gonna meed you to explain. this is probably not a thing in germany.

[–] KnitWit@lemmy.world 21 points 10 months ago* (last edited 10 months ago) (1 children)

They were being facetious and pretending your average person could just buy gas the same way that oil barrel speculation works, almost like buying vouchers. It was a pretty good one so I don’t want them to have to explain the joke haha.

[–] robotica@lemmy.world 1 points 10 months ago

Actually, where I live there is (or at least was) a business that allowed you to buy something akin to "gasoline futures", basically you could just buy X liters of gas or diesel and then use them up overtime using a client card or something like that. Not too sure how it worked, forgot the name too.

[–] Kidplayer_666@lemm.ee 3 points 10 months ago (1 children)

The problem is that for most of the world, we’re kinda dependent on Saudi Arabia and Russia to do that

[–] teamevil@lemmy.world 2 points 10 months ago (1 children)

We're the largest exporter of oil in the world right‽

[–] Kidplayer_666@lemm.ee 1 points 10 months ago

Biggest producer, but it’s largely for internal demand if I’m not mistaken. Besides, if you restricted exports, it would raise prices even more for everyone else