5 ms·
So.... reduce production, and supply/demand curves should get you back financially on track? Of course, you might get pilloried for the artificial scarcity, bu
by zentiggr 6y ago
So.... reduce production, and supply/demand curves should get you back financially on track?
Of course, you might get pilloried for the artificial scarcity, but hey... nobody ever likes the capitalist :)
- smnrchrds 6y agoWe reduce production, US, Russia, and Saudi Arabia would be more than happy to fill the gap. Actually Saudi Arabia prefers prices that are lower than the strike point for non-traditional oil, so it can get rid of competition from likes of Canada. How should we convince Russia and Saudi Arabia to take a hit to their exports in order to help us out, when we cannot even convince our biggest ally, the US?