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re: The Consumer Fuel Price Gouging Act
Posted on 6/17/22 at 9:34 pm to Purplehaze
Posted on 6/17/22 at 9:34 pm to Purplehaze
Legislation should be applied only during hurricanes or other disasters. Is it price gauging a 2x4 when the double in price, or supply/demand?
I saw some slapdick on twitter saying a barrel of oil cost x ten years ago, so why is a gallon of gasoline y+$2 compared to ten years ago when oil barrels cost the same. Maybe the refinery has to pay twice as much for labor, maintenance, replacement cost of equipment.
I saw some slapdick on twitter saying a barrel of oil cost x ten years ago, so why is a gallon of gasoline y+$2 compared to ten years ago when oil barrels cost the same. Maybe the refinery has to pay twice as much for labor, maintenance, replacement cost of equipment.
1
Posted on 6/17/22 at 9:47 pm to Ric Flair
and why would O&G invest in new refineries when this administration could put them in their crosshairs for doing so a year or two down the road.
bottom line is, this administration has backed themselves into a corner with no way out and lashing out is only going to pour gasoline on the fire.
bottom line is, this administration has backed themselves into a corner with no way out and lashing out is only going to pour gasoline on the fire.
This post was edited on 6/17/22 at 9:50 pm
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