With blowing up nordstream and opec saying FJB, it looks like the democrats will finally get their wish of energy prices to necessarily skyrocket. Problem is, I don’t think they wanted it to happen before the election
Petroleum isnt natural gas, and their prices arent really related.
Oil prices have been collapsing, and Opec is trying to prop them up. Longer term this wont work, as we are headed to a global recession/depression. This alone is likely to prompt Opec countries themselves to cheat on the cartel, as they feel the pinch.