return2ozma@lemmy.world to Memes@lemmy.ml · 4 months agoWhat happened? Take me backlemmy.worldexternal-linkmessage-square111fedilinkarrow-up1434arrow-down111
arrow-up1423arrow-down1external-linkWhat happened? Take me backlemmy.worldreturn2ozma@lemmy.world to Memes@lemmy.ml · 4 months agomessage-square111fedilink
minus-squareBeardedGingerWonder@feddit.uklinkfedilinkEnglisharrow-up2arrow-down1·4 months agoOil has a single price on the global market, doesn’t matter if you’re in the US or Europe.
minus-squarexthexder@l.sw0.comlinkfedilinkarrow-up1·edit-24 months agoAs it turns out, moving oil across the ocean is really expensive. Even if you can buy oil at the same price in the US and Europe, it’s still cheaper to buy it locally and not have to deal with moving it.
Oil has a single price on the global market, doesn’t matter if you’re in the US or Europe.
As it turns out, moving oil across the ocean is really expensive. Even if you can buy oil at the same price in the US and Europe, it’s still cheaper to buy it locally and not have to deal with moving it.