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Old 05-21-2008, 01:24 PM  
Tempest
Too lazy to set a custom title
 
Industry Role:
Join Date: May 2004
Location: West Coast, Canada.
Posts: 10,217
For one reason, they shut down perfectly working refinaries and "forced" small companies to close up their refinaries as well, in the 80s-90s I think it was, in order to make bigger profits. Not just to make a profit, but to make bigger profits.. Now they spin it by saying part of the reason for the high prices is that there's a refinary bottleneck (even though they're only running 80-85% capacity) and that they haven't built a new refinary in decades and want the government to give them tax breaks and money to build some.

Gas/Oil is not only a national security issue but also extremely important to a healthy economy.. As such, IMO, it should be regulated to ensure this type of shit doesn't happen.
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