Whenever they have a spike in demand, the de-regulated prices go up by several hundred percent. Example

  • Grimy@lemmy.world
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    4 months ago

    A big part of that is it’s all state owned. Having private companies in charge of something as vital and important as energy infrastructure is just pure folly imo.

    • Pasta Dental@sh.itjust.works
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      4 months ago

      Yeah 100%. the current government here has a tendency to do bad stuff and a big fear here is they will slowly make it more private owned. But I think that every essential service should be state owned. electricity, groceries, clothing, internet etc. We have too few companies here that share too much of the market

      • Grimy@lemmy.world
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        4 months ago

        But I think that every essential service should be state owned. electricity, groceries, clothing, internet etc.

        I’m right there with you. To think our food security hinges on a bunch of fat cats and the stock market makes me nauseous. If I start talking about the telecom industry, I might just throw my phone. Change is long overdue.