tag:blogger.com,1999:blog-386077914312449748.post5590517501579515299..comments2024-03-27T20:37:08.065+01:00Comments on Defence and Freedom: A quick look at oil tradeUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-386077914312449748.post-41140174782676762472014-08-23T22:03:40.121+02:002014-08-23T22:03:40.121+02:00Oligopolic market failure aside, this would requir...Oligopolic market failure aside, this would require that more than 70% of the global crude oil consumption is by those who could afford a doubled price (in the respective use, after taxes).<br />This is yet to be proved.S Ohttps://www.blogger.com/profile/03359796414832859686noreply@blogger.comtag:blogger.com,1999:blog-386077914312449748.post-3817955257519633762014-08-23T20:22:55.762+02:002014-08-23T20:22:55.762+02:00The spikes are either summer or winter.
If the Mi...The spikes are either summer or winter.<br /><br />If the Middle East was suddenly gone, the elasticity is such that oil prices would double.Ryanhttps://www.blogger.com/profile/11784405906174658860noreply@blogger.com