Go ahead

OF COURSE it was Rio Tinto... Surprised they didn't try to just mail it parcel post...

Not if there's any money for them in screwing up...

What's going to be his defense? That all the stuff he's already admitted to doing in interviews aren't actually crimes? Is he going to walk over to the jury box and just start handing jurors checks (that will all bounce)?

Bold strategy, Cotton...

Yeah, that's why I said "if it was just the traitor thing..."

Although the Tesla market increasingly gives me South Park vibes...

Ah, but does he have the Delorean nose? I wanna see him get perp-walked for carrying tons of drugs around in that private jet he doesn't want anyone to track...

I think a better explanation is that Musk is demonstrating that he's an emotional infant who makes terrible, poorly-thought-out, very expensive decisions, and nobody trusts a company run by someone like that.

I mean, if it was just the traitor thing, Fox News would have gone under years ago...

Supply and demand work differently in a market where supply is dominated by a cartel. Ho read some basic econ books and then get back to me because it's clear your understanding of the subject isn't sufficient to run a lemonade stand. Good day.

No, it's the exact same reason every monopoly or cartel doesn't constantly raise their prices - a combination of topping out what the market can/will pay for the product (car travel in the US went down markedly over the spring & summer because gas was too expensive) and also wanting to stay "below the radar" because when consumers finally realize how they're being played they tend to demand action from their government.

This has all been studied extensively in economics & understood for generations now. Again, it ain't rocket science.

Sure. There's no connection between oil companies and oil producers. There's certainly no reason to think that oil companies making record profits has anything to do with the Saudi royal family combined being worth almost $1.5 trillion dollars. Yep, nothing linking those things at all.

Today you learned Saudi Arabia is one of the key & founding members of OPEC - the Organization of Petroleum Exporting Countries - and therefore part of the cartel that, by and large, does set oil prices on the world market.

And as has been noted repeatedly if only you'd read world news, they've been jacking their prices sky-high because they only recently noted that such price hikes would be blamed on political actors instead of the oil producers themselves.

This isn't rocket science.

Ummm, what? Oil cartels totally do decide on global energy prices. Look at what Saudi Arabia is trying to do right now...

Once they realized people would blame anything else besides the corporations for the price increases, they just kept increasing prices. Funny, that.