The Free Market, price of gas, class warfare or socialism?

BleedBurgundy · 02-02-2008, 02:55 PM

Why couldn't gas be federally regulated? I'd love for someone to explain to me how Exxon is only passing the rising crude prices along to the customers when they are setting new records for profitability every year. Something doesn't smell right.

skinsguy · 02-02-2008, 03:02 PM

Quote:

Originally Posted by BleedBurgundy

Why couldn't gas be federally regulated? I'd love for someone to explain to me how Exxon is only passing the rising crude prices along to the customers when they are setting new records for profitability every year. Something doesn't smell right.

That's just it. These oil companies are bringing in billions of dollars of profit a year. they have more than enough profit to invest back into the company to create new fuel that Americans rely on. There is no reason to raise the prices on oil.

02-02-2008, 02:55 PM	#1
BleedBurgundy Playmaker Join Date: Feb 2004 Posts: 4,471	Re: The Free Market, price of gas, class warfare or socialism? Why couldn't gas be federally regulated? I'd love for someone to explain to me how Exxon is only passing the rising crude prices along to the customers when they are setting new records for profitability every year. Something doesn't smell right. __________________ "All natural institutions of churches, whether Jewish, Christian, or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." Thomas Paine

The Free Market, price of gas, class warfare or socialism?

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