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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
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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).

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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.