If one wishes to make very loose correlations how about this one: Every time we increase mileage of autos, total comsumption increases...more people can afford to drive.
The 1986 oil price crash can be solely attributed to the Saudi government reacting to loss of market share (and income), flooding the market with their oil, and running higher cost producers out of business.
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If one wishes to make very loose correlations how about this one: Every time we increase mileage of autos, total comsumption increases...more people can afford to drive.
Apr 13 04:32 am
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All Comments by Propwash »Exxon Mobil: The Root of all Evil? [View article]
The 1986 oil price crash can be solely attributed to the Saudi government reacting to loss of market share (and income), flooding the market with their oil, and running higher cost producers out of business.