Quote:
Originally Posted by Jim in CT
if oil companies control the price, please explain why they allowed the price to get down to $35, eliminating all profits and tanking the stock price.
“you act as if there are no charging stations.”
never came close to saying that. i said there aren’t many, not nearly enough to serve all of us if we were to buy EVs.
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Seems you got ahead of your self
I said oil companies control what’s pumped ,,
And you and many others are suggesting they should pump more to bring down the Price
So if you control demand you directly or indirectly influence price
And oil being priced as a Global commodity supply is controlled by those who pump it . And demand by who needs it..
in a nutshell those who produce control supply and the price
The demand side is not with out influence and with out Covid oil never would have seen 35 bucks a barrel
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