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I comes down to supply and demand. The fastest way to reduce cost at this point it to get OPEC to increase supply thru an incentive. Money? some kind of agreeme

I comes down to supply and demand. The fastest way to reduce cost at this point it to get OPEC to increase supply thru an incentive. Money? some kind of agreement? Fracking was the solution to add supply but that seems to have been a temporary solution. It's distasteful to give OPEC an incentive but lowering the cost of the raw product will always lead to a lower price of the final product. Long term it's a matter of reducing demand by using alternative fuels.

saurik 4y ago
That incentive is also cost. I realize that in practice it will be from a different balance sheet so technically gas prices will go down, but if we are paying OPEC to increase supply that payment needs to be amortized over the increase, or we are fooling ourselves and just hiding part of the cost.
patrick451 4y ago
> I comes down to supply and demand. The fastest way to reduce cost at this point it to get OPEC to increase supply thru an incentive. Or just lift the sanctions against Russia.