https://www.economist.com/finance-and-economics/2023/06/19/against-expectations-oil-and-gas-remain-cheap

Your article must be on a Microeconomics topic

You must clearly explain what Microeconomic principle(and in bold print and high lighted) the article demonstrates and not just it is a Microeconomic topic . Do not reference supply and demand as your concept, because it does not differentiate between Macro and Micro. Please use the word Microeconomics in your article.

The article must be a complete summary of the article and not a quick reference

Do not copy and paste the article . You are required to summarize the article in your own words in the block provided.