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To: kellynla

In order for gas prices to be lower, demand must change as it tends to be inelastic.
Supply must also be increased the left is against this method.


8 posted on 05/24/2007 5:57:32 AM PDT by freeforall (Answers are a burden for oneself, questions are a burden for others.)
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To: freeforall
Supply must also be increased the left is against this method.

Supply isn't simply a function of how much crude is pumped from the ground.

Distributors intentionally keep their inventories lower coming into the Springtime...this has the desired effect as demand rises. Capitalism works.

35 posted on 05/24/2007 6:32:19 AM PDT by Bloody Sam Roberts (Don't question faith. Don't answer lies.)
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