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The UnderTow: The High-flying Oil Industry fears "Demand Destruction." Should the Arts? by Douglas McLennan

Oil prices are at a record high. And profits are rolling in. But there's an intriguing phenomenon in the oil industry called "demand destruction." It means when prices get too high for too long, consumers invest in alternatives and don't return. The... [More]

SOURCE: ArtsJournal at 01:33AM on June 8, 2022

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