Should a price ceiling (limit) be imposed on gasoline prices in the U.S. market?
2006-10-03 03:11:46 · 6 answers · asked by youthebest 2 in Politics & Government ➔ Other - Politics & Government
Yes the National resources should be for the American people like our Constitution says, not at the will of oil monopolies. The ones saying no are part of the 2% that would be stock holders that want to control America and all of our resources.
2006-10-03 03:24:20 · answer #1 · answered by Anonymous · 12⤊ 2⤋
Absolutely not. Any time the government steps in and mandates pricing (including a minimum hourly wage), they are interfering with the free market. The only way capitalism works properly is to allow the market to flow freely.
When oil prices climb, gasoline prices must also climb. Do you expect the oil companies to pick up the difference and run at a loss? It's not just the "evil rich" making money on this. If you have any sort of retirement plan, you probably have some money invested in oil. Are you saying that your retirement account should suffer because people want cheaper gasoline?
Or, perhaps you think the government should pay the difference. It's still you and I paying for that. The government prints money, but it doesn't generate any. They do not sell a product. They take money from citizens and use that to fund their projects. If the government picks up the tab, again, it's really you and me paying for it.
The only way to distribute goods fairly is to let the market dictate what they should cost. If gasoline were 50 cents a gallon, who would care about driving a gas-guzzler? Who would pay $500 to fly somewhere when they could drive there for a few bucks? Market dictated pricing makes people conserve our resources when necessary. If there is less available, it costs more, and people use less.
2006-10-03 10:14:12 · answer #2 · answered by FozzieBear 7 · 1⤊ 0⤋
Not.
Based on economics, should a cieling be placed on fuel and the maintenance budget exceeds the income, then what? Ask the government to raise it? No, that woun't work. Eventually the refineries will shut down and we would go into a fuel shortage. It would not be a shortage because of resources, but because they will not be able to produce it fast enough. Then what? The government take over oil production? That would be a complete disaster!
It's all about global economics, plain and simple. Most Americans don't understand it, so they cry scandal and conspiracy. Read up on it, take a class. It will be easy to understand if you do.
2006-10-03 10:17:17 · answer #3 · answered by Q-burt 5 · 1⤊ 0⤋
Prices set by the government never work. If they price too low the refiner/producers stop selling/manufacturing and if they are set it too high consumers won’t buy. The free market is the best price setter—just ask the Russians (Their system failed).
2006-10-03 10:19:11 · answer #4 · answered by damdawg 4 · 2⤊ 0⤋
No
Anytime the government regulates prices,people suffer and companies go out of business.
2006-10-03 10:25:57 · answer #5 · answered by Dave 3 · 0⤊ 0⤋
No, I don't think so.
Maybe a ceiling on profits for the oil companies so that hey won't gouge peoples money
2006-10-03 10:40:48 · answer #6 · answered by William T 3 · 0⤊ 0⤋