Re: 2012 Elections in 3-D!
So...
Many states regulate the heating or gas market. In Minnesota, Xcel energy is regulated to make sure it approaches its business as efficiently as possible and charges what is necessary for a profit margin. It works exceptionally well. Would it be so harmful to say that <1% of our economy (oil) has a marketplace that's broken...afterall a commodity should not be resulting into the most profitable industry in history. That the industry is monitored by the people to make sure that its resources are not wasted (massive PR campaigns to influence public opinion), the profit margins are set at necessary rather than extravagant levels...and prices are lowered for the other 99% of economy and cutting a huge part of costs of US citizens. What am I missing here?
So...
Many states regulate the heating or gas market. In Minnesota, Xcel energy is regulated to make sure it approaches its business as efficiently as possible and charges what is necessary for a profit margin. It works exceptionally well. Would it be so harmful to say that <1% of our economy (oil) has a marketplace that's broken...afterall a commodity should not be resulting into the most profitable industry in history. That the industry is monitored by the people to make sure that its resources are not wasted (massive PR campaigns to influence public opinion), the profit margins are set at necessary rather than extravagant levels...and prices are lowered for the other 99% of economy and cutting a huge part of costs of US citizens. What am I missing here?