>The gas prices are global and no one western country can cause the rise, only the opec states can.<
I'll save the Econ.101 lecture, but let's just assume the U.S. reduced its consumption from ~17 million barrels a day to zero....holding all else constant, what should the price do? Conversely, let's assume the U.S. went from consuming zero barrels a day to, say, 17 million...again, holding all else constant, what happens to the price?
I'll save the Econ.101 lecture, but let's just assume the U.S. reduced its consumption from ~17 million barrels a day to zero....holding all else constant, what should the price do? Conversely, let's assume the U.S. went from consuming zero barrels a day to, say, 17 million...again, holding all else constant, what happens to the price?