

For oil, one has to understand that the fixed costs for operating the network are substantial so there is a lot of ability for price making by the purchaser. The price of WTI serves as an effective cap for WCS.
The price of WTI is artificially low due to the 3/4th of a TRILLION of USD that has been pumped into oil subsidies.
https://www.eesi.org/papers/view/fact-sheet-proposals-to-reduce-fossil-fuel-subsidies-january-2024
For pharma, it’s not that we wouldn’t have patents- patents are important for investment. It’s the duration of them that is different due to US influence.
I will concede on the environmental impact, I’m just especially bitter about the 13 million dollar settlement for the priviledge to have gas that causes respiratory irritation.
Who would build multi unit housing?