I have had a running argument with a friend regarding the oil industry. It first needs to be stated that we are both conservatives that believe that economies operate well, for the most part, in a free market system. I, however, also believing in the ‘depravity of man,’ know that anything involving humans without any [...]
Filed under: General Topics, Greatness, Hot Opinions, Personal experience, Politics, Someone should have said, No! | Tagged: Barrel, Big Oil, Bubble, Demand, Dollar, Economics, Economies of Scale, economy, Gallon, Gas, Gasoline, Housing, Media, news, Oil, Oil Companies, Oil Industry, OPEC, Politics, Price, Prices, Regulation, S&L Crisis, Speculation, Speculators, Suplly, Wal-Mart, Walmart | Leave a Comment »