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by somethoughts 1456 days ago
It would be interesting if the government could figure out a way to hold the price of energy at a higher price when the economy is going well and energy supply is high.

Or perhaps there should be some sort of non-strategic reserve stockpile. I'm almost curious if the US government has made money by buying up oil during the pandemic when the price of oil was spiraling downward and then selling at today's inflated pricing.

This would actually probably not be opposed by the energy lobby as the profits would go to the firms (as opposed to a energy tax).

This would act to set a higher and more stable floor for energy costs to enable the development of alternative energy sources.