Opinion: Today's oil prices reflect future demand

The recent increase in the cost of oil reflects anticipation of strong demand in the future, writes Martin Feldstein in The Wall Street Journal. He noted that increasing the expected future supply would reduce today's oil prices. "That fall in the current price would induce an immediate rise in oil consumption that would be matched by an increase in supply from the OPEC producers and others with some current excess capacity or available inventories," Feldstein writes.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Manager, Employee & Labor Relations
Allegiant Air
Las Vegas, NV
Technical Writer - Subject Matter Expert in Maintenance
Allegiant Air
Las Vegas, NV
General Manager IAH
Menzies Aviation
Houston, TX
Operations Specialist
Aircraft Service International Group
Washington, DC
Station Manager at AUS
Menzies Aviation
Austin, TX