Quote:
Originally Posted by GullFoss
3) When markets fail, governments need to intervene.
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The root cause of the problem isn't that markets failed. In a true free market system, we would have had at least one new pipeline a long time ago. Everyone actually negatively affected would have been compensated, and oil would be flowing to tidewater at the world price.
Instead, we have no new pipelines, and are trying to clean up the mess.