On the recordMay 22, 2013
Of course quantity affects price--Economics 101. The disconnect here and the failure in the argument from the other side is this quantity is a rounding error in the global supply and the global demand. This has no impact on price. We're not talking about anything that actually moves the bar of reducing gas prices for consumers. With that, it's my honor to yield 1 minute to my colleague from Michigan (Mr. Peters).





