[trifurcate]

What makes you think that the energy sector overall is immune to this while oil isn't?

[bryanlarsen]

Not immune, but more resistant:

- electricity can be generated many different ways

- many generation sources aren't dependent on resupply. Spiking the price of lithium doesn't prevent existing batteries from working, it only makes new ones more expensive. Solar, wind, hydro and nuclear (to a lesser extent)

- electricity supply is heavily regulated, for better or worse.

[Ductapemaster]

While all of this is true, there is a monopoly on distribution. Doesn’t matter where it comes from if one entity owns the pipes.

[SkyPuncher]

Because there are multiple ways to generate electricity- including at-home options for many people.

There’s also an interesting factor in timing and latency of the grid. Peak usage is typically mid afternoon. While least usage is overnight.

There’s essentially excess capacity during the time period that most people charger their car.

[flakeoil]

More and smaller players in electricity production.

Half the oil and gas production comes from an official cartel so it's kind of in the oil sector's DNA with price fixing.

[NewJazz]

More opportunity for substitutions when your fuel is electrons instead of a specific blend of fossil fuels processed in a specific way.

That said for profit electric monopolies are indeed a scourge.

[throwway120385]

It's not that it currently is immune, it's that there's a compelling story for the energy sector to become immune from it as we reduce our dependence on fossil fuels.