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Re: Up-Up and Away!!

Posted by Train Dude on Mon Mar 8 11:50:39 2021, in response to Re: Up-Up and Away!!, posted by Spider-Pig on Mon Mar 8 10:37:46 2021.

Your contention is so ridiculous that it doesn't merit discussion. If supply continues to increase, you are claiming demand will also grow. So people will use more electricity? People will drive more? People will keep their homes warmer? All of those are ridiculous scenarios. They are self limiting.

The real fact is that as supply increases, prices will continue to fall. At some point price will be so low as to force the reduction in supply as pumping and refining become less profitable, thus establishing the "Q" point in the supply/demand chart

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