DrPizza
Administrator Elite Member Goat Whisperer
Originally posted by: Queasy
Gouging is a different story. Keeping prices artificially low to the point where the cost of production is more than the cost of selling leads to shortages. The California blackouts a few years ago is another example. California had tried some half-assed free market system that still had centralized price controls for energy. That resulted in shortages.
I agree.
That doesn't mean that gasoline prices can't be capped, with a means for the oil companies to petition the government regularly to show needs for increasing the caps.