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To: aspiring.hillbilly
You need to take economics 101 because you don't have a clue what you are talking about and you have zero understanding of how price is determined in the market.
37 posted on 09/08/2005 11:31:07 AM PDT by Hendrix
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To: Hendrix
And you dont understand robber baron capitalism. The oil companies ruthlessly jacked up prices on mere anticipation of the amount of future expenses due to to the wreckage of Katrina for oil already in the pipeline. Oil companies with no facilities in the path of the storm shared in the windfall.

The very fact that they were able to collude en masse on increases and stick it to the consumers is solid evidence that supply and demand pricing is not in not functioning. We have come full circle to the return of the equivalent of the Standard Oil Trust that Teddy Roosevelt broke up.
59 posted on 09/08/2005 11:43:40 AM PDT by aspiring.hillbilly (!...The Confederate States of America rises again...!)
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