On 11/8/05, Robert Munn <[EMAIL PROTECTED]> wrote: > The price of crude oil has gone up because of increased worldwide demand, but > that is only part of the story. The price of gasoline has gone up because of a > worlwide shortage of refining capacity. The hurricanes in the Gulf did a lot > of > damage to refineries in the region, further limiting capacity and causing a > very > large short-term spike in gasoline prices.
Personally, I only buy this argument after acnowledging that the root cause of these problems (refining shortages, supply/demand issues) is lack of competition. I think that there are too few companies in control of too much supply. They really have no incintive to adjust prices or be competitive simply because they don't have to. -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:180455 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
