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The Cure for High Oil Prices is Higher Oil Prices

The Cure for High Oil Prices is Higher Oil Prices

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VBL
Jan 11, 2022
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The Cure for High Oil Prices is Higher Oil Prices
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Higher Prices are Needed to Cure High Prices

Barring some extraordinary new coronavirus-induced lockdowns to stop demand in its tracks, it seems the only tool left to bring supply/demand back in to balance and lower prices would be demand destruction induced by high prices.

Authored by Brynne Kelly

US crude oil inventories are at their lowest levels in t…

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