Published: Monday, Feb. 25 2013 5:40 p.m. MST
If we are told a lie often enough, it is believed. Supply and demand do not
affect prices. Supply and demand affect product availability. Greed affects
price increases. If demand is increased it does not create more expense in
producing that product. The law of business that is responsible for increased
prices is lack of competition and charging what the market will bear. In other
words this article should read, gasoline prices will remain high because
consumers are willing to pay that price and there is no real competition in the
If the natural resources in the country belong to the country, and our
country's taxes payed to get it refined. How come I have to pay soo much to
put gas in my car.
Price is often sited for the availability of oil, but it is not always because
of production related restrictions. Instead it is often the reason for decisions
about availability. Speculations on the price and availability is thus a closed
system that treats gas and diesel consumers like sheep. If every
producer always produced at peak capacity regardless of price received, then
profits would not be as high because supply and demand would be better matched.
Consumers & producers of product should be the only people allowed to
participate in the oil market. That would create a much less volatile market and
reduce the price pressure to rise.
@george of the jungle that would be a great question to ask the oil
executives who's companies have been posting record profits for the last
several years. unfortunately the truth is Lledav and moble are right they
get away with it because we refuse to change our habits and because we allow
them to over charge. The common man has given over all control to corporate
America. try looking up the history of incorporation in america, we have moved a
long way from the old days.
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