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To: JediJones

If the market price rises to $15 per gallon, then let it. That will send a signal into the market place to producers to divert gas into that region (even if it’s a higher expense and trouble to do so). Putting price controls in effect has the exact opposite effect and means that there will worsen the supply problem.

More on this from the ever-bright economist Walter E. Williams (who sometimes fills in for Rush Limbaugh) http://rossputin.com/blog/index.php/economics_of_prices_by_walter_e_williams


4 posted on 11/03/2012 11:51:11 AM PDT by daniel885
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To: daniel885

New Jersy women will be crying for ironing board cleaners and vacuum cleaner bags for Christmas


6 posted on 11/03/2012 11:53:58 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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