Post by
Oldnagger on Aug 19, 2022 5:04am
TTF vs AECO
September TTF price as I write this is equivalent to 88.40 Cdn $ per GJ.
The spot Aeco,price yesterday was 1.98 Cdn $ per GJ
Who is responsible for this huge discrepancy ? Certainly not free markets !! There can only be one reason for corrupted pricing mechanisms - Corrupted Politicians.
What is not surprising is that politicians are corrupted , what is surprising is that people are still willing to abide these utterly disgusting levels of corruption. This is hurting people everywhere. In Canada it is a loss of investor and royalty returns. In the rest of the World, it is economic catastrophy .
Until the present gang of trash who is currently leading the World are shown the door, things will only get worse, next sector they are targetting is agriculture. People will starve. Have they no shame at all !!!
Comment by
Pandora on Aug 19, 2022 11:06am
They have no shame at all - in fact, the furthest thing from it. Integrity used to be a characteristic that many lived by. These days it's virtually invisible.
Comment by
Quintessential1 on Aug 19, 2022 2:22pm
You are worried about people starving but not about freezing? Canadians will be able to heat their homes and cook and produce power at decent price levels. How much inflation did you want to see thrust onto the population in 1 year? VET will still still be making good profits at these gas prices. As will we. GLTA
Comment by
Pandora on Aug 21, 2022 6:18pm
"so you can blame the politicians for leaning towards the left in the past..." So are you suggesting our politicians are no longer leaning towards the left and against fossil fuels? I must have missed that transition!