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You make the implicit assumption that there is no option of using less oil. And while that might be true this week, there is no reason why we can not use much l
by petschge 8y ago
You make the implicit assumption that there is no option of using less oil. And while that might be true this week, there is no reason why we can not use much less oil in a year or a decade.
- philwelch 8y agoYou can, and indeed should, do both. In fact, simultaneously reducing demand and increasing supply is what will hurt these regimes the most.