Oil prices must spike to destroy sufficient demand
The thesis presented was that oil prices must rise significantly - to $150-$200 - to destroy enough demand to balance the market, as demand is highly inelastic and has only fallen year-on-year four times in 160 years.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.