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Originally Posted by 383ss
 I don't even know where to start.
high gas prices make all coporations money? it hurts everyone except the oil companies. if you can't see this I don't know what to say.
food prices are going down some and will go down more. this is effected by much more than gas prices. Corn, wheat, soy and all other commodities are coming WAY down from all time highs. (corn was $8/bu, now its $3) it takes a little while for this stuff to come back into a lower cost in the end product though.
The government can't easily nor should it regulate corporate profits. We are a capitalist country and have a free market!
it doesn't sound like you know how anything works to me. |
I guess you think that those corporations that can, don't pass any gas price increase on to the consumer? Of course they do. And not only that, they throw in a little extra to boot. The only people hurt by gas prices are truly the consumers. But to say that the only ones reaping benefits are the oil companies is a fallacy. I don't even want to get into discussing how banks, insurance companies, your IRA providers and the like love to invest in ENERGY stocks. They make money off energy stocks!
And how do you think corn, wheat, and soy gets planted and harvested in the first place? By tractors. Yes that's right. Tractors that use a lot of diesel. And when they use lots of diesel that costs alot, that gets passed on to us. And then there is the transportation of goods. That makes the corporations that deliver the stuff more money too. It may cost them more, but again they pass it on. So absolutely it makes them money. Of course the rate at which prices come down just don't match the fall of gas prices, it's not gonna. But there can be no doubt that a corporation would want them to fall rapidly either, b/c more profit could be made by dragging out the excuses of high gas prices.
I never said the gov't should regulate prices. It would be nice, but it won't happen in my lifetime. They won't regulate b/c there is taxes to be gained.
It may be time for you get your head outta the sand.