Robert Roth
Nov 10, 2023

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Any guess on the general trend in gasoline and diesel price strategy as demand declines. For example once demand is reduced by 50%, going forward do fossil fuel executives just milk the market, shut down and sell off assets so fuel prices go up even with the risk of accelerating the transition to electric power or lower prices to maximize demand (minimize the rate of decline) ?

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Robert Roth
Robert Roth

Written by Robert Roth

Retired Intel Electrical Engineer, 70's US Navy Officer Nuclear Power Program, Graduate studies in Business UC Berkeley, BSEE U of Fla.

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