> the recent gas cap for Russian oil as the hand of the market?
As not market pricing? Markets work to find the most efficient economic solution, or at least local maxima. But everything isn’t economics. National security, for instance. So we take economic pain in exchange for national security outcomes. Domestic energy markets are different from international ones.
As not market pricing? Markets work to find the most efficient economic solution, or at least local maxima. But everything isn’t economics. National security, for instance. So we take economic pain in exchange for national security outcomes. Domestic energy markets are different from international ones.