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Exactly, there is no incentive to fix the inherent issues brought about by a lack of regulation.
No one wants to touch the oil companies.
It's not a simple supply and demand issue. While there are issues at the refineries these existed prior to the hurricanes.
If people remember, we were already paying $2.30 to $2.60 per gallon prior to the hurricane. At those prices it was already out of control. It hit us gradually though so we had time to react and it didn't panic the world like it has recently.
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