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To: Flavius

Just asking, but there IS a trip wire that shuts down the stock market in certain cases, isn't there? What about one for the world oil market?


23 posted on 04/23/2006 5:21:37 PM PDT by RobbyS ( CHIRHO)
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To: RobbyS
Well I sure wouldn't want the government to shut down the market every time someone thinks that a commodity is out of control. Supply and demand, and stockholders control the markets.
27 posted on 04/23/2006 5:32:42 PM PDT by Coldwater Creek ("Over there, over there, We won't be back 'til it's over Over there.")
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To: RobbyS
No there isn't.


It's possible for a government to exceed its authority and halt oil trade on an ad-hoc basis, but doing so would only temporarily cover the symptoms (the high price) and not address the real cause of the high price: higher demand than supply.
28 posted on 04/23/2006 5:34:52 PM PDT by spinestein (The mainstream news media are to journalism what fast food chains are to fine dining.)
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