>>>Exactly what would you hope to accomplish by taking oil off the market and can you justify attempting that effort, given the historical results when this type of measure has been attempted previously. Price caps do not work, in fact, they make matters much worse.
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>>If this were an industry that was slightly out of control, then minor regulation or jail terms for abusers might work. As this industry has moved into the twilight zone of extreme price gouging of a strategic resource (it isn't just the arabs folks), nationalization of the industry makes a lot more sense.
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>Specially as a forewarning to the next gaugers - would you like to pay outrageous prices for food, water...?
People are paying as much as $6.4/gallon for bottled water.
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
