For the moment. You had an enormous supply of oil once, and now have to import 65% of what you use.
All pricing structures are artificial - a means of comparing apples and pears. The unregulated free market may look natural, but it wouldn't exist if we hadn't invented money, and it is prone to it's own distortions, though some followers of flat-earth economic theories insist - as a matter of faith - that the market is perfect and any imperfections are the results of government intervention.
This particular pricing structure doesn't specifically encourage the installation of photo-voltaic solar generating capacity - energy demand peaks in the mornings and the late afternoon
while sunlight peaks at midday.
-- Bill Sloman, Nijmegen
-- Bill Sloman, Nijmegen