silence7@slrpnk.net to politics @lemmy.worldEnglish · 7 days agoTrump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist | Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.www.nytimes.comexternal-linkmessage-square12fedilinkarrow-up196arrow-down11
arrow-up195arrow-down1external-linkTrump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist | Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.www.nytimes.comsilence7@slrpnk.net to politics @lemmy.worldEnglish · 7 days agomessage-square12fedilink
minus-squareMagicShel@lemmy.ziplinkfedilinkEnglisharrow-up9·7 days agoExactly this. No one is going to borrow $500 million to drill a bunch of new wells in order to drive down the selling price of the thing they need to sell in order to repay the loan.
Exactly this. No one is going to borrow $500 million to drill a bunch of new wells in order to drive down the selling price of the thing they need to sell in order to repay the loan.