Supply and demand

I tuned in right as the oil company CEO was turning on the equipment for more oil production. He said he thought it would increase his profit. He said he was the CEO of "the most successful oil company in the world."

How did the writer of this piece of trash not understand the basics of supply and demand in economics? It's so simple: if you increase the supply of goods in the market, then you will lower the price of said goods. Just because you increase the supply of something in the market when there is already a sufficient supply, doesn't mean people will buy more product.

Maybe this writer should go take a couple of business classes before writing fictional stories about business.