Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

SWBTATTReg

(25,976 posts)

1. But the opposite effect is happening too, more oil drilling is happening in TX (and

Reply to mahatmakanejeeves (Original post)

Mon Mar 28, 2022, 08:09 AM

Mar 2022

probably elsewhere), conservation measures are underway by literally millions of people, businesses, and plus, we have a whole new generation of electric cars, and other modes of transportation. Of course, the %s aren't as good as we like, but still. After a little pain (or a lot of pain for some), the markets will react as they usually do (supply and demand) and prices/supplies will adjust accordingly.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

3 replies

= new reply since forum marked as read

Highlight:

Why you should fear oil prices at $90, $100, $150, or $200: Morning Brief [View all] mahatmakanejeeves Mar 2022 OP

But the opposite effect is happening too, more oil drilling is happening in TX (and SWBTATTReg Mar 2022 #1

Get the Iran deal done and lower Venezuela sanctions... frackers etc. JT45242 Mar 2022 #2

We may not like the Venezuelan regime DBoon Mar 2022 #3