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If producers think the price is staying high, they invest, which after a lag boosts supply.
But there are problems.One is that all this depends on oil prices staying high enough for long enough.
"I work a lot on staying high in the water, not fighting the water, moving with the water," Lochte said.
A peaceful transition may depend on the price of oil staying high, so that people can continue to be bought off while politics and the economy stagnate.
"We're staying high in the quality spectrum," Mr. Miller, head of the Legg Mason Capital Management unit, said on Wednesday at a firm's investment conference in New York.
There are many winners as well as losers and all depends on Iraqi oil exports going up and prices staying high.
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Prices will stay high.
Childhood mortality stays high.
But the energy stayed high.
Crop prices stayed high with government support.
Mr Osborne allowed borrowing to stay high.
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