Required by who? GOVERNMENT.
Yet the GOVERNMENT blames the producers for high prices, and drags them to Washington to answer idiotic questions from grandstanding politicians.
all the pros say wait, this is simply a matter of supply/demand - favorable adjustments will occur.
However, is this a valid argument realizing that much of the market is under the strict control of governments, not the consumer or suppliers. And these governments often are dedicated to the demise of the US and other free nations by what ever means possible.
If we can’t get out of their clutches, where do we go??
Keep threatning your child they will be punished for bad behavior is meaningless without action. The child soon realizes they can ignore the threat. We see the same thing with our lousy congress folks call oil barons on the carpet. All we get are insults to our intelligence.