this post was submitted on 19 Jan 2025
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[–] UnderpantsWeevil@lemmy.world 1 points 6 months ago

They're often owned by the same business, or cartelized interests.

In the US, during the oil boom of the early 20th century, the race to control the oil market was ultimately about controlling the storage and rail network. Rockefeller didn't become the richest man in the country by sinking wells.