7thKeeper
Scion of the Devonian Sea
- Jul 8, 2006
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So neither closing down pipelines, nor jacking up the cost for drilling, nor releasing Federal oil reserves, will have any effect on gas prices?
Where did you study economics? I'd like to review your study materials.
It might make sense if the price of gas had only increased in the US and only in a limited sense. But the current price has to do with OPEC not increasing production. I suspect that they weren't too happy with the price crash when the epidemic began and might be expecting another decrease in demand or just don't want to risk rushing to increase it just in case there is a dip again.
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