How Lower Oil Prices Might Increase Demand

The Senate brings up another bill aimed at lowering gas prices Tuesday, as Republicans tout a new slogan: "Find more. Use less." It's a paradox because finding more oil drives the price down, which encourages consumption. And despite talk of conservation, election-year efforts by Congress to lower gas prices may actually diminish incentives to lower oil consumption.

Related NPR Stories

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.