If we dont, will water be bought and sold on the market in the future? How about a tax on the air we breath?
2007-11-14 01:57:31 · 10 answers · asked by Anonymous in Politics & Government ➔ Politics
Water is bought and sold on the market. And many of the people who complain about $3 a gallon gas pay near that for a pint of water.
2007-11-14 02:02:04 · answer #1 · answered by ? 7 · 4⤊ 2⤋
Oil is a tradeable commodity, which investors pay to have pumped out of the ground and shipped from overseas. There's a lot of money involved. And it's actually not a Necessity, but a luxury.
Water on the other hand, aside from the bottled stuff you shell out for at the supermarket, runs freely and abundantly on this planet.
So no....oil needs to stay in the stock market.
2007-11-14 02:05:23 · answer #2 · answered by xooxcable 5 · 2⤊ 1⤋
It's all about the delivery systems...
Water companies, by the nature of their infrastructure, have a monopoly on selling water and are therefore more heavily regulated by the government, but contrary to your argument, their stocks are sold on the open market. http://www.americanwaterstar.com/current_stock.php
Oil, gasoline refineries, sell their wares at far-flung stations that must compete with the stations of other refiners.
Air, thankfully air doesn't need to be processed and delivered to us, yet.
2007-11-14 02:09:00 · answer #3 · answered by floatingbloatedcorpse 4 · 2⤊ 0⤋
The problem is futures trading. Futures trading was made illegal in the wake of the stock market crash in 1929. It seems we never learn from our mistakes, and once again it's legal.
Putting money in a stock is investing. Putting money in futures is gambling and distorting the markets. Futures and derivatives trading should be made illegal.
2007-11-14 02:03:31 · answer #4 · answered by Zardoz 7 · 1⤊ 0⤋
It is concerning that consumers are being trained to believe in water as a corporate product. The more they accept this, the less likely they are to care about tap-water safety and the day may come when safe water is only available to those with the means to buy it.
2007-11-14 02:03:07 · answer #5 · answered by Anonymous · 1⤊ 1⤋
Then we can tqke pharmacuticals out of the stock market, then cars, then airplanes, then clothing, then hospitals, thenhome builders, then clothing manufacturers and presto chango, we have a socialistic state where the government runs everything...Exactly where is the Soviet Union now?
2007-11-14 02:03:12 · answer #6 · answered by Bob W 5 · 1⤊ 1⤋
Oil is refined by companies who have stock holders, you don't get your water free either. It falls under utilities. People can invest in utilites.
Are you suggesting these should all be provided for free?
2007-11-14 02:02:34 · answer #7 · answered by Sparxfly 4 · 2⤊ 1⤋
I agree with sam f.
In about 50 years, oil will not be part of our lives.
I will be flying a steam engine bumper carplane.
2007-11-14 02:02:33 · answer #8 · answered by Anonymous · 3⤊ 0⤋
Oil is not a necessity in life.
you are wrong about that.
so your question is moot.
2007-11-14 02:01:01 · answer #9 · answered by sam f 4 · 5⤊ 2⤋
Ruth has it right.
2007-11-14 02:04:17 · answer #10 · answered by MrOrph 6 · 2⤊ 0⤋