"ktbr" wrote in message
...
Robert M. Gary wrote:
Ross Richardson wrote:

Kingfish wrote:
That is what this newscast said this morning - the market "overpriced"
itself. Nor sure what that meant. But, if we were gouged then the oil
companies need to refund our money. I know - fat chance.


A responsible oil company should charge you as much as you are willing
to pay. Oil is provided by for-profit companies. Oil prices are held
down by competition. "gouging" implies that either the companies
illegally got together and fixed prices or you don't understand free
market enterprise. If you think the oil companies are making too much
money, switch sides, buy some oil stock and share the profits.

-Robert


A very well written response Robert. Its refreshing to know at least
some people actually understand free market economics.

I know a couple of people that started making their own biodiesel and bought
oil company stock several years ago; they are quite happy.