Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil.
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"Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil." — Ron Wyden #workcareer
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Like any business, the oil industry runs on the basic premise of supply and demand. The more s…
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Like any business, the oil industry runs on the basic premise of supply and demand. The more supply - the lower the price. The higher the demand - the higher price. In other words, the more people who can buy oil, the higher the price of oil. — Ron Wyden
About Ron Wyden
Ron Wyden was a Politician from United States (1949–present).
Frequently Asked Questions
Who said "Like any business, the oil industry runs on the basic premise of supply and dem…"?
This quote is attributed to Ron Wyden, a Politician from United States.
When did Ron Wyden live?
Ron Wyden lived from 1949 – present.
What is this quote about?
This quote touches on Work & Career. Browse more quotes on these themes from the categories page.