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Oil prices
Message
From
12/06/2008 09:16:08
 
 
To
12/06/2008 09:13:28
Lutz Scheffler (Online)
Lutz Scheffler Software Ingenieurbüro
Dresden, Germany
General information
Forum:
Politics
Category:
Other
Title:
Miscellaneous
Thread ID:
01322665
Message ID:
01323424
Views:
19
Of course! I stand corrected. ;)

>Wasn't it that the governments are tolerated by the cartel? ::)
>
>Agnes
>>If every corn producer sells at exactly the same price and there is no semblance of competition, then yes, I'd call them a cartel too - especially if their prices just happened to change all at the same time. Trying to pretend that prices at the pump just coincidentally rise by the same amount at the same time for all the companies is simply laughable. Cartels are illegal in the U.S. and Canada, and it is very disappointing that they are tolerated by our governments. I know that speculators are getting a lot of return on their investments, but that is not a good argument for allowing this sort of activity.
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