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Top Answer out of 4 by Someguy is sad again on May 30, 2008 at 8:26 pm Permalink
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Answer 2 out of 4 by the prince on Jun 18, 2008 at 4:20 pm Permalink
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Answer 3 out of 4 by Cong on May 31, 2008 at 2:04 pm Permalink
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Americans aren't running the price up it's countries like China that are demanding way more than we do. In America it's a greedy government thats doing it
In America the government sets the price of retail petrol sales? I have long thought America had a free market economy. Of course there will be tax on top of the price, but all countries tax retail petrol sales. Are you sure your government dictates the price?
cletusj,
You're correct. The U.S. doesn't set limitations on pricing. Currently, the price is being run up world-wide by speculators buying oil futures. The smallest hiccup or saber rattling anywhere in the world has them setting higher prices on futures due to nothing more than the possibility of a disruption in oil flow. Eventually, huge money will be lost as the bubble bursts and people (fund managers) are left holding the bag. Like anything else, high prices can't be supported when product is available and there is no real shortage of it. Answer 4 out of 4 by HungryGuy on May 30, 2008 at 8:20 pm Permalink
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