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Why Is Oil Priced The Way That It Is?

General misunderstandings of how the oil market works are running rampant.Oil isn’t priced the way that it is because of greedy corporations, but because of something much simpler; supply and demand.The people outraged at oil companies todayy didn’t care about 2020 bankruptcies, yet those bankruptcies from 2020 helped set the stage for supply shortages today.People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misund
Why Is Oil Priced The Way That It Is?

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