View Single Post
Old 02-28-2008, 04:01 PM  
IllTestYourGirls
Ah My Balls
 
IllTestYourGirls's Avatar
 
Industry Role:
Join Date: Feb 2007
Location: Under the gold leaf ICQ 388-454-421
Posts: 14,311
and they can cut the supply anytime they want. So yes they can control the prices.

Quote:
Originally Posted by crockett View Post
Except you forget the little fact that gas is sold as a commodity. The price is set by the market not by the oil company. They can't just up the price because they feel like it. The price goes up based on supply and demand.
__________________
IllTestYourGirls is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote