Any reasonably intelligent person knows that the price of oil is not controlled by individual countries. It's a free market and is controlled by the rules of supply and demand. The more supply or decreased demand causes prices to drop. Less supply or increased demand will generally cause the prices to increase.
Please do not feed the trolls. This question is for anyone that wants to have an open and honest conversation. I don't care what party you belong to.
Question: Is there any good or commodity that is sold in the free market that the price has been artificially inflated by government policy?
Here's something to think about when discussing the "free market". This shouldn't have to be said. It is common knowledge.
Governments can create subsidies, taxing the public and giving the money to an industry, or tariffs, adding taxes to foreign products to lift prices and make domestic products more appealing. Higher taxes, fees, and greater regulations can stymie businesses or entire industries.
I'm not interested in the trolls. Anyone else?
Growth is found only in adversity.
You're going to hasve to explain where you get your numbers. According to GasBuddy, an online service that tracks prices on a daily basis, the average price in both the USA and Canada has risen only 26 cents per gallon and since the November they have actually fallen. Gas Station Price Charts - Local & National Historical Average Trends - GasBuddy.com
Growth is found only in adversity.
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