3.In 1974 the cutback in oil production by the OPEC cartel created shortages of oil in the world market. In the United States price controls prevented oil prices and thus gasoline prices from rising to world market levels. In Europe and Canada oil and gasoline prices rose to world market levels. In the United States lines of cars formed at service stations, while there were no lines in Canada. Why?
2006-07-26 07:06:01 · 7 answers · asked by Anonymous in Pregnancy & Parenting ➔ Parenting
Canadians stopped using cars while Americans did not because oil was still affordable in America. It does not pay to tinker with economics. Let the consumer decide what to do. They will help find a better solution than the regulators.
2006-07-26 07:13:21 · answer #1 · answered by StraightDrive 6 · 0⤊ 0⤋
Because they controlled the price, therefore making it more of a commodity. There was a shortage here. People had to get gas when they were allowed to, not when they wanted to... I dont know... I tried. Im too young to have had to deal with it first hand.
2006-07-26 14:35:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Because the Canadians were busy buying Donuts and beers.
2006-07-30 11:00:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Sorry, but your question should read:
How do I find my way to the right heading for this question?
Good Luck.
2006-07-26 14:30:36 · answer #4 · answered by JC 5 · 0⤊ 0⤋
because the canucks dont drive as much now whats the big question?
2006-07-26 14:39:13 · answer #5 · answered by Anonymous · 0⤊ 0⤋
What the hell does this have to do with parenting? Am I missing something?
2006-07-26 14:35:40 · answer #6 · answered by Keke 2 · 0⤊ 0⤋
this doesnt go in parenting remove it and put it where it belongs
2006-07-26 14:10:31 · answer #7 · answered by kleighs mommy 7 · 0⤊ 0⤋