Dollars and Jens
Wednesday, June 07, 2006
 
oil markets
Incidentally, in thinking about oil prices, particularly in terms of U.S. government public policy towards them, I tend to think in terms of domestic demand and another quantity that is equal to the world-wide supply minus foreign demand. If I need to give this thing a name, I call it "effective supply". Anyone have a better term for it?

- posted by dWj @ 9:35 PM
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