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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (324603)	2/4/2007 12:23:07 PM
From: tonto	Respond to of 1576643

When was the oil industry deregulated? Please post the bill. I believe you are lying...again. The oil industry cheats, pal. They are crooked. They already are deregulated.

To: American Spirit who wrote (324603)	2/4/2007 12:24:29 PM
From: Elroy	Read Replies (1) \| Respond to of 1576643

It's a corporation's job to maximize its profits. You can't begrudge them if they are able to raise prices - you would do the same in a garage sale. If you could sell American Spirit T-Shirts for $20 or $21, you'd sell them for $21. You'd raise prices as long as your chump customers kept buying them. The way to stop oil companies from raising prices is to encourage more, new oil companies. Competition reduces their profit margins and forces them to price lower to gain/hold share. New oil companies requires investment, of which you apparently disapprove. Basically, you have an industry which acts as if it's above all laws. Uh huh, OK Captain Funnyfarm.