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Europe's Looming Jet Fuel Crisis: Hormuz, Policy Failure, And A Self-Inflicted Supply Shock
Europe's Looming Jet Fuel Crisis: Hormuz, Policy Failure, And A Self-Inflicted Supply Shock
Submitted by Thomas Kolbe
Politics has established a new routine. Right at 12 noon, prices at German gas stations now rise day after day.
The government’s pricing decree, a hastily assembled mechanism, acts like an accelerant in an already dramatically strained fuel supply situation. Anyone with rudimentary economic understanding already knew that this form of price regulation would amount to political posturing with fatal consequences.
The market is reacting as expected. Gas station operators anticipate general price increases and indirectly...
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*TRUMP ADMIN. NEARS ~$500M RESCUE DEAL FOR SPIRIT AIRLINES:...
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