Comment by HWR_14
1 day ago
A healthy cartel means consistent oil prices. Without it, oil may average cheaper over the long term (and almost certainly over the short term), but there will be a lot more variance.
1 day ago
A healthy cartel means consistent oil prices. Without it, oil may average cheaper over the long term (and almost certainly over the short term), but there will be a lot more variance.
Ok? If you can’t have price variance buy futures. Price variance doesn’t matter for consumers, just average price.
Price variance matters a lot for consumers, especially gas/oil.