Re: [DMCForum] Re: O/T Gas Prices in California reach $4.10 per gallon t
    
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Re: [DMCForum] Re: O/T Gas Prices in California reach $4.10 per gallon today
- From: "Lauren" <LPLand@xxxxxxxxxxxxx>
 
- Date: Sun, 14 Aug 2005 19:25:05 -0700
 
Marc -
> Are you saying that Energy is purely capitalistic? 
IMHO, the sale of energy certainly is for-profit in the US.  No 
different from medicine or pharmaceuticals, it's totally a business 
and one that because of its capitalistic edge leaves the lower 
classes "out in the cold" in more ways than one.   
> The government has always passed laws that
> interfere/control the energy business..
And the Bush administration is very sympathetic to Big Energy. 
 Enron still makes me shake my head in disbelief.
> There are also a limited number of players. The
> Government is supposed to encourage competition, and
> not allow any monopoly or cartel.. Why did Exxon and
> Mobil merge?
Because they were able to get away with it.  Pure and simple.  
.....................LP
  
  
  
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