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| author | RoTi item | comments |
| Max | Supply and demand is bunch of bunk | Supply and demand is bunch of bunk when it comes to oil, telecommunications, electricity and the auto industry. Know any private gas station owners that can set their prices? They are told what price and the only way they make money is by having some other service. If it was really supply and demand the price wouldn't go up 30 cents in a day when it is the same fuel in the storage tank from a week ago. Ask why some of the large oil companies bought out some of the independent refineries and tore them down. I'm sure people will blame tree huggers but it was all about profit and nothing different. Wonder why big oil and the VP had closed door meetings that even the GAO couldn't find out what took place. Now we know! Need to bring back Teddy Roosevelt and start regulating these out of control companies. And, it's not just oil it's medical, insurance companies along with auto, telephone companies, electric companies, natural gas and banks too. There was a reason they had many of these companies regulated in the past to stop what has taken place over the past 20 years. Need to start breaking them up and put limits back on interest, necessary fuel, telephones, electricty. Didn't they break up AT&T now look who's back? |
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