Gas prices: When could 'demand destruction' trigger relief? - CTV News

6/17/2022 12:00:00 AM2 years 10 months ago
Experts are torn on when or even if drivers might see significant 'demand destruction' — an economics term for a sustained decline in demand for a product due to excessively high prices — at the pumps.
CALGARY - There's a famous saying that 'the cure for high prices is high prices,' but when it comes to gasoline, that may not necessarily be the case. Experts are torn on when or even if drivers m… [+4481 chars]
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