Silly solution

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Post #353,446 by jay 1/21/12 2:04:06 PM Reply	Silly solution Silly solution to a real problem. If the market is sufficiently monopolistic that the oil companies can inflate prices, then breaking up companies and otherwise opening up the market would be the right solution. Government pricing boards (which is really what this amounts to) only make sense when a market is so regulated that the government is effectively setting prices. Jay
Post #353,462 by S1mon_Jester 1/22/12 8:45:42 AM Reply	They've broken up oil before back with Standard Oil years ago. It's not just a question of "breaking" them up...there is a large start-up cost to oil production, transportation, refining and distribution. This results in a difficulty in competitors to emerge in the market.

The day Ayn Rand became non fiction - (beepster) - (9) - Jan. 21, 2012, 10:12:20 AM EST

Um, The Hill just woke up from a 100 year sleep? - (Another Scott) - (6) - Jan. 21, 2012, 10:39:04 AM EST

Re: Um, The Hill just woke up from a 100 year sleep? - (beepster) - (5) - Jan. 21, 2012, 11:46:00 AM EST

Hardly. - (Another Scott) - (4) - Jan. 21, 2012, 01:37:37 PM EST

which black president gets to gerrymander this indie board? -NT - (boxley) - Jan. 21, 2012, 01:52:04 PM EST

Maybe it's just me - (S1mon_Jester) - (2) - Jan. 22, 2012, 08:42:31 AM EST

Yup. Good point. Thanks. -NT - (Another Scott) - Jan. 22, 2012, 08:54:57 AM EST

And it's well documented here - (crazy) - Jan. 22, 2012, 10:41:33 AM EST

Silly solution - (jay) - (1) - Jan. 21, 2012, 02:04:06 PM EST

They've broken up oil before - (S1mon_Jester) - Jan. 22, 2012, 08:45:42 AM EST

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