SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (133216)4/23/2001 12:58:42 PM
From: TimF  Read Replies (1) | Respond to of 186894
 
Higher prices won't help when there is limited refinery capacity.

If the price is high enough demand will go down, so the high prices will help even if the supply is capped. Of course if the supply is unresponsive to higher prices it might take much higher prices to make the demand go down enough. If prices go up high enough there might be political pressure to control prices even if it is a stupid idea economically. People in the US would likely get very angry over $5/gallon gasoline.

Tim