If Econ 101 taught us anything, it's that supply follows demand. But U.S. Secretary of Energy Rick Perry interpreted the basic principle a little differently while at a coal plant in West Virginia Thursday.
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According to Market Intelligence energy reporter Taylor Kuykendall, Perry offered up some wisdom at a tour of the Longview Power Plant. "Here's a little economics lesson: supply and demand. You put the supply out there and the demand will follow."
DOE Rick Perry at coal plant:"Here’s a little economics lesson: supply and demand. You put the supply out there and the demand will follow."
— Taylor Kuykendall (@taykuy) July 6, 2017 Read more...
via Zero Tech Blog