Explain to us mathematically challenged underlings how increasing the supply of oil does "nothing to correct the fundamental supply and demand equation"

Explain to us the fundamentals of the oil futures market. Explain why the anticipation of the severity of shortages causes prices to increase.

That is unless your are "too good" to back up your rhetoric, pompous verbiage and rock solid judgment with some knowledge of what the hell you are talking about.

Here is the question for you to sidestep again:

Would the announcement of allowing drilling in ANWAR lower the price of crude oil on the trading market or not?

______YES

______NO