Home › Forums › Housing › Buy now – the bidding war will drive prices up › italics off So by Dave the
italics off
So by Dave the Realtor’s reasoning, when OPEC raises production, prices should go up because:
1. As there is more oil on the market prices go down
2. As prices go down, there is more consumption
3. Because there is more consumption, prices go up
4. So a raise in production by OPEC equals higher prices