Quote:
Originally Posted by Kodak
Should? On what moral or economic grounds is this based upon?
A price is nothing more than a quantification of a product's value. And if the seller sets a ridiculous price, the consumer tries to leave. The seller wants it as high as consumers will tolerate, and consumers want it as low as possible. Really, a product's price is determined by what the market (the aggregate of the people) will tolerate.
Why artificially increase it?
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Because the government has a vested interest in petrol sales (huuuuge money maker for them via taxes) and they are infatuated with the growth philosophy, they heavily manipulate fuel prices- perhaps not on the commodities trading floors or at the retailer level, but in vast subsidies for oil companies in the forms of favorable leases, tax deals, and of course military acquisition and protection of territories. Our "price" is not "true". Why artificially decrease it?