Quote:
Originally Posted by Oregon Elephant
So does anyone have anything to say about the stats that I posted, or what?
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Yeah, companies make money, so? "Price gouging" is a hyperbolic phrase used by nanny-staters to turn people against the free market, since "market capitalization" doesn't sound nearly as painful as "gouging". If you want my product insanely bad, I have a right to charge insane prices for it, that's called profitability and it's the cornerstone of sound business.
Oil companies don't owe us anything other than gasoline that burns well enough to move out cars, period. I don't care if Shell's profit margins are 50%, I'll just buy less gas and if enough people follow suit, Shell will lower prices. I always laugh when I see the soccer-mom part-time activists whining about gas prices as they drive their SUV's filled with two children. Give me a break.
Don't like it? Don't buy it.