2min chapter

Planet Money cover image

Breaking down the price of gasoline

Planet Money

CHAPTER

The Solution to High Gas Prices Is High Oil Prices

Once oil prices hit a certain point, oil companies were like, okay, it's worth it to drill again. So now there's this really strong incentive to get rigs out of stack and find crews again. But that's not the sort of thing you can just snap your fingers and make happen. You have to do some maintenance on the rigs before you can pull them out of stack.

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