Hacker News new | ask | show | jobs
by mkleczek 512 days ago
Ahh so the difference is in a definition of supply.

You say drilling more oil is something different than building more efficient cars.

I would say in both cases supply of oil increased so there is no real difference.

1 comments

.... I mean in the case of more efficient cars supply of oil explicitly did not change.

There are meaningful differences in terms of pricing strategies, anticipating demand, etc.