[JumpCrisscross]

> other reasons being none other than pure greed

This is a good sign you’re missing something. Particularly when talking about a global and diversified commodity like energy.

[anon7000]

Every for-profit company operating under capitalism is essentially required to be greedy in order to be successful.

[loeg]

Under this definition, the word is devoid of meaning.

[hackable_sand]

That is broadly true, but we need more accuracy.

[JumpCrisscross]

> Every for-profit company operating under capitalism is essentially required to be greedy

Every company (currently) depends on atmospheric oxygen, that doesn’t make O2 the cause of energy prices.

Greed exists. It always has. Unless energy distributors have specifically become more greedy, recently and globally, the answer is somewhere else.

[potato3732842]

Shrodinger's market conditions.

Something is either a diversified commodity subject to strict free market competition, razor thin margins and highly elastic supply/demand or it's a shithole of regulatory meddling and inelastic supply/demand with long feedback loops. Which it is depends on what political position you are trying to advance.

[JumpCrisscross]

> Something is either

False dichotomy.

Also, the cause not being greed doesn’t mean it’s inexplicable. There is probably a problem that can be fixed. It’s just not wishing upon a star that people were less greedy.

[potato3732842]

>False dichotomy.

Yeah, just tainting something with motivated reasoning without utilizing it solely is absolutely a thing.

Not my fault Schrödinger didn't leave room for all the nuance of market conditions.

Not to say I agree with "hurr durr it's greed". Usually if something is inexplicably wacky and fucked up it traces back to Nth order effects of regulations, not necessarily in the same jurisdictions.