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Politics : Formerly About Advanced Micro Devices
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To: American Spirit who wrote (255962)10/17/2005 9:12:45 PM
From: kech  Read Replies (1) of 1572918
 
usually politically neutral Petroleum Institute was actively backing deregulation which was the cornerstone of Bush-Cheney-Enron types push to jack up prices, expand drilling into wildlife sanctuaries and national parks and knock down environmental laws.

So you think that the effect of deregulation that expends drilling will increase prices? Yikes. Any basic Econ student would know that a shift out in the supply curve would decrease price.
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