What would happen if too little oil is taken out of the ground? Let’s start with the preposition that the price of oil will go up. Now as any good student of economics will tell you if the price of something goes up an alternative is looked for. Well the alternative is electric cars, solar panels for electric heating of homes. Sooo no matter how much oil you have in the ground the lesser it will be needed, so it may not be a good idea to under produce oil.
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