Thread

When oil prices spike, where does the money go?

171 points · 195 comments · thelastgallon

hanwenn · 1790750510 · focus · HN ↗
"Where does all that additional money go, and who benefits from it?"
Doesn't reduced overall supply usually mean that the total amount of money (price * supply) also reduces? ie. in total, there is no additional money.
1. pjc50 · 1790758284 · focus · HN ↗
  Because it's so critical, money will be redirected into oil from other less critical spending.
  1. someonebaggy · 1790774776 · focus · HN ↗
    This won't increase the amount of oil available.

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