View Single Post
  #8   Report Post  
Posted to rec.woodworking
Toller
 
Posts: n/a
Default OT GAS PRICES YOU CAN HELP PLEASE READ!!!


"Bruce T" wrote in message
...
That's right....those large subsidies to the oil companies are just like
the ones to the farmers, they keep prices artificially low. What we need
to do...wait a minute, if the subsidies keep the prices low.......if we
get rid of the subsidies......wait, back to you Martin, I need more
explanation of how getting rid of those subsidies will lower gas
prices.....

Its simple; the profit from the subsidies cause the oil companies to produce
more gas so they can make even more money from the subsidies. The added
production drives the prices up. No, thats not right either; the added
production should drive prices down.
I guess I don't get it either.