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3Hotdogs

(12,324 posts)
8. Too few workers and not being able to replace broken parts......
Mon May 23, 2022, 08:19 AM
May 2022

Probably true. An oil company C.E.O. would raise production now to take advantage of the high price of oil if it were possible. Rather than wait for the price to drop and make less money per barrel. This was a scenario with O.P.E.C. Member nations would agree to tamp down production. Prices would rise. One or two members would break the agreement.

or maybe they are waiting for further increases in the price.

Latest Discussions»Issue Forums»Editorials & Other Articles»Analyst on why gas prices...»Reply #8