So you’re saying high prices lead to increased useage over low prices and low prices lead to increased useage over high prices at the same time? Does this mean average prices lead to decreased oil useage?
Usage has increased no matter the price for decades. Using pure price mechanisms to globally cut fossil fuel use means splitting consumer prices from wellhead prices.
Useage has increased, but for your first comment to make any sense the war’s effect on prices must have caused an increase over and beyond a world in which it didn’t happen.
So you’re saying high prices lead to increased useage over low prices and low prices lead to increased useage over high prices at the same time? Does this mean average prices lead to decreased oil useage?
Usage has increased no matter the price for decades. Using pure price mechanisms to globally cut fossil fuel use means splitting consumer prices from wellhead prices.
Useage has increased, but for your first comment to make any sense the war’s effect on prices must have caused an increase over and beyond a world in which it didn’t happen.