Just a random musing. As EV’s become more popular, means less gas being used, means potentially lower prices since supply of gas should increase? Or do they just cut production and keep prices the same.
Wondering what will happen in the long term.
Just a random musing. As EV’s become more popular, means less gas being used, means potentially lower prices since supply of gas should increase? Or do they just cut production and keep prices the same.
Wondering what will happen in the long term.
Think of it this way: Spermaceti is basically free. There’s no demand for it, and therefore no infrastructure to produce and transport it. What you’re paying $22.75/100g for is the bespoke packaging and transportation of a non-commodity.
Go into a commodities market and start offering options on large quantities of spermacetti and you’ll find you get no takers.