Jacking up their prices during wars even if it isn’t directly affecting them is their business model.
I guess we need to agree if we want more oil extraction or not? For years we have been pushing for less extraction and pushing investments away from this area. But when supply is limited and demand goes up, unfortunately supply-demand dynamics will kick in and prices will naturally go up.
2 comments
Unexpected by who?
Jacking up their prices during wars even if it isn’t directly affecting them is their business model.
I guess we need to agree if we want more oil extraction or not? For years we have been pushing for less extraction and pushing investments away from this area. But when supply is limited and demand goes up, unfortunately supply-demand dynamics will kick in and prices will naturally go up.