Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.15

-0.6%

Dec 24 12:59 PM EST

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To: GVTucker who wrote (182528)	11/4/2005 4:44:33 PM
From: Robert Salasidis	Read Replies (1) of 186894

People need to be constantly reminded that the price of gas is not equal to a simple multiple of the price of oil. The only way to control the price of gasoline is through normal market forces. Supply is low price goes up. If you are a major consumer, you can always dip into the futures market and lock deliveries at some future date for a given purchase price. Taxing gasoline or petroleum products only serves to make the local economy less competitive vs other less taxed jurisdictions. Price controls only lead to rationing and lineups as supply locally would dry up. Oil would be refined elsewhere, and only shipped locally for the actual market price. All those that call for anything other than letting the market dictate pricing of commodities are either trying to buy votes from a naive public, or they are the naive public.

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