Quote:
Originally Posted by sammyg2
Please elaborate. I'd be interested in reading what you are talking about.
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Didn't you suggest the SEC and DOE might investigate the oil companies, or did I read that wrong? That's why I posed the question, "deregulate."
I mean, after all, it's no secret that what we're dealing with within the oil companies is a cartel. Price fixing is rampant, and it's not the consumers - at least not in this country - who have decided what the prices should be.
In Europe, the prices are twice as much because of gas taxes, presumably voted through in democratic elections. We haven't done such here.
That's why I believe that for anyone in the oil and gas industry to say "Look at the Europeans and see how high
their gas prices are," is fairly much an inappropriate comparison.
Maybe that's what's needed to loosen the oil companies' stranglehold on the
worldwide consumer. A nice healthy government-initiated split up.