Here is another example, 10 milk distributers all have their product out there, they all are selling between a range of 1-3 dollars. Now all of the sudden one decides to sell his milk for $10 a carton. Your argument is that all of them would follow suit to not be left behind instead of keeping their current price knowing nobody in their right mind is gonna buy the $10 carton. Now if the other 9 say hey, if we up ours to $10 a carton what choice will they have and we will make a fortune and so they follow suit to fill their pockets that is what your oil company's you are defending have done.
|