Biden Begs for More Oil

12 Aug 2021 12:25 #11 by FredHayek
Replied by FredHayek on topic Biden Begs for More Oil
Market maker, market taker? If you are one of the largest oil producers in the world, you help to control the price. But if you decide fossil fuels are loathsome and you shut down production but don't decrease consumption, you become a market taker.

Thomas Sowell: There are no solutions, just trade-offs.

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12 Aug 2021 12:36 - 12 Aug 2021 12:37 #12 by koobookie
Replied by koobookie on topic Biden Begs for More Oil
oops - wrong thread

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