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Crude: Where's the Demand Destruction?
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Whats the point of this? You answer your own question: "weren't higher oil prices supposed to hurt demand?"
"as we know, one explanation for the lack of demand destruction in China is because the government has controls on the price of gasoline."
Why would demand be destroyed in China when gasoline prices have remained constant?
Jun 11 11:16 am
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Whats the point of this? You answer your own question: "weren't higher oil prices supposed to hurt demand?"
Jun 11 11:16 am
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All Comments by RB9562 »Crude: Where's the Demand Destruction? [View article]
"as we know, one explanation for the lack of demand destruction in China is because the government has controls on the price of gasoline."
Why would demand be destroyed in China when gasoline prices have remained constant?