Quote:
Originally Posted by redpoint5
If the US cut consumption of fossil fuels by half, this would have the short term effect of reducing demand, which in turn would drive prices downward, which in turn makes demand for fuel in poorer corners of the world increase.
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I don't believe that
The prices wouldn't go down so far that the poorer people that arn't buying much fuel now would end up buying too much fuel if the prices dropped.
In my line of work, if we lose half our business, we wouldn't cut our prices in half, we would keep the prices about the same and downsize and lay off workers.