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para transit fellow · 11-02-2016, 07:57 PM

If opec bands together to reduce production of oil and raise the price, what mechanism stops Northamerican producers from flooding the market and dropping the price again?

11-02-2016, 07:57 PM	#3034
para transit fellow Powerplay Quarterback Join Date: Oct 2010 Exp:	If opec bands together to reduce production of oil and raise the price, what mechanism stops Northamerican producers from flooding the market and dropping the price again?