Quote:
Originally Posted by Arragonis
The BBC is reporting that people have asked for an investigation into prices now that the oil price has eased. |
That has happened many times in the past in the US and nothing has ever changed. The prices jump instantaneously with the commodity speculation, and when people start screaming enough, the prices ease off slowly, and then calls for investigation rise. But the windfall profits have already been made by the time investigations start, the prices have receded enough and then there is no public support to hold the oil companies responsible.
This pricing has gone on here in the US for decades. Nothing has EVER been done about it. It is not a "free" market in any sense, fuel should be treated as utilities have in the past, and the way profits are made is, IMHO, criminal.
And, BTW, I am doing something about it. BIODIESEL!!