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by _s
710 days ago
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My understanding is that it’s a bit of both. The best analogy for USA equivalent is that imagine Alaska is where we have a bunch of oil / gas, but we need it in New York and Miami. We can’t lay pipes because of terrain / distance, and the road infrastructure is pretty spotty too. The companies extracting / producing / selling the oil/gas off in Alaska are private and separate to the companies wanting to buy it in NYC or Miami. There’s minimal government oversight. It might work out cheaper for the companies to buy gas coming from eg Europe or Canada or Mexico for NYC/Miami vs Alaska (in our instance it would be SE Asia / China). Or from Alaska. |
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