Thread: Where Do We Draw The Line?

Originally Posted by thebigspendur

As far as gas prices go what do you want Govt to do? The prices are mostly driven by investors and speculators and much is outside the U.S Do you want the Govt to set gas prices or tell wholesalers or retailers what they can charge? Now that is big intrusive Govt.

Nope...I just want them to enforce competition regulations. They investigated Apple with price fixing on e books, they investigate insider trading...

Gasoline is the classic text book case of an oligopoly and there's way too much money that goes between oil companies and government for either side to stir up trouble.

Late edit: between the USA and Canada, we have enough oil to be self sufficient for much longer than it would take to come up with alternative fuels. Here's the reality; we can keep buying oil from theocratic dictatorships that have no concern for freedom or we can use our own oil, which is many orders of magnitude more ethical and will build our economy and make more jobs and prosperity. The tired old story of oil prices being driven up by speculators outside our respective countries is wearing thin. We both lost an opportunity recently with the keystone pipeline proposal. The US ends up still feeding the sheiks of Saudi Arabia and Canada has to sell its oil to China...talk about a lose-lose situation.

But that's a different topic altogether