Quote:
Originally Posted by Dragoneye
I doubt it....strongly. All the stories I've read during the hike in '08 explained how the prices shouldn't be that high...but they are rising, naturally. They often highlighted how the spike didn't correspond to the natural rise in price.
'Natural', aside....I tend to agree with DG in that fuel prices need to be higher if we want to "reduce our emissions". I don't agree we need them higher, because I don't think we need to reduce our emissions...but if that is the goal -- the easiest, least invasive way to do it is to artificially raise fuel prices and direct the revenue to sorely-needed infrastructure repair.
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Capitalism is at its strongest point when allocating resources and its usage of the price mechanism. Capitalism would also drastically reduce the cost of oil, and disregarding this fact would to be simply disregarding simple economics.