Thread: CNN Complaining
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Old 04-26-2006, 07:01 PM   #43
Vulcan
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Quote:
Originally Posted by Clarkey
I think your beef should be with OPEC then. It's not a monopolistic industry either, a monopoly implies one firm operating in an industry.

Should people/governments be giving money back to oil companies when they have a bad year, quarter etc.?

Why are people so obsessed with government intervention?
Hey, I'm not obsessed with govt. intervention. I was no fan of Trudeau's intervention on the oil industry but when prices get out of line in any industry I believe there should be some checks and balances. The rising price of oil and gas is going to contribute to inflation and no one wants a return to 18% mortgages.
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