Welcome Guest

This is going to hurt plans on the petrol price rise

Posted on: June 2, 2022 at 12:24:05 CT

Ace UNC

Posts:

28954

Member For:

6.04 yrs

Level:

User

M.O.B. Votes:

OPEC and its allies agreed to a bigger-than-expected oil-production increase of 648,000 barrels a day in July and August, delegates said.

This might delay incentification towards greater petrol efficiency.

Edited by Ace at 12:24:25 on 06/02/22

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

This is going to hurt plans on the petrol price rise - Ace AU - 6/2 12:24:05

Probably going everywhere cept US. (nm) - Logan BAMA - 6/2 12:28:36

If consumption doesn't increase along with it - Mormad MU - 6/2 12:52:51

Nonetheless, global supply with rise, decreasing the demand - Ace AU - 6/2 12:31:03

while increasing foreign dependency - mizzouSECedes STL - 6/2 12:25:17

You really don't get the dynamic, do you? - Ace AU - 6/2 12:32:34

lol, um yeah - mizzouSECedes STL - 6/2 12:34:21

Price is based on Supply:Demand. There is no "correct" - Ace AU - 6/2 12:37:35

Cheap energy sources drive the economy. The higher - Logan BAMA - 6/2 12:45:52

why do you hate America? - Ace AU - 6/2 13:16:23

I don't. (nm) - Logan BAMA - 6/2 13:27:26

The correct price is the market price - mizzouSECedes STL - 6/2 12:40:25

So why complain about petrol prices? - Ace AU - 6/2 12:45:24

What the market price is - mizzouSECedes STL - 6/2 13:17:35