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Gas Prices Skyrocketing Thanks Biden!
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<blockquote data-quote="bacha29" data-source="post: 5471997" data-attributes="member: 58386"><p>Exactly. The only way the people on here who seem to think that they simply cannot live without cheap gas will get that cheap gas now would be either through the nationalization of US oil companies or make oil a regulated public utility similar to electric utilities and phone companies. The only other way would be demand destruction brought about by a steep recession.</p><p></p><p>What's amusing is the belly aching on here by these fair weather free market capitalists who find themselves on the wrong side of the free market's supply and demand equation. And the uniqueness of oil is that it's a global commodity whereby if you don't want to have to pay the going price for it somebody on one of the other continents will as we see now with having lifted the ban on US oil exports and the resulting record levels of US exports that has followed.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5471997, member: 58386"] Exactly. The only way the people on here who seem to think that they simply cannot live without cheap gas will get that cheap gas now would be either through the nationalization of US oil companies or make oil a regulated public utility similar to electric utilities and phone companies. The only other way would be demand destruction brought about by a steep recession. What's amusing is the belly aching on here by these fair weather free market capitalists who find themselves on the wrong side of the free market's supply and demand equation. And the uniqueness of oil is that it's a global commodity whereby if you don't want to have to pay the going price for it somebody on one of the other continents will as we see now with having lifted the ban on US oil exports and the resulting record levels of US exports that has followed. [/QUOTE]
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