Thanks. I think we avoid (possible) shortages by Joe/his Crew forcefully/publically calling these thieves out; their actions are directly endangering our Republic, (both economically, and by who may run our near-term Government).
The thieves can still make $$$, just not as much. Tough shit.
But my question still remains: can Biden institute price controls, and if so, how?
How the Public and Government respond to the potential price controls/rollback, and what oil companies do if the above is/are instituted, can not be 100% predicted (plus, price controls/supply can be tinkered with once commenced).
First things first: can Joe institute the above, and politically, not appear so F’n inneffectual?
Price controls could lead to shortages. Ultimately, reducing demand for gas will reduce prices. That is not a short-term strategy, however.
Thanks. I think we avoid (possible) shortages by Joe/his Crew forcefully/publically calling these thieves out; their actions are directly endangering our Republic, (both economically, and by who may run our near-term Government).
The thieves can still make $$$, just not as much. Tough shit.
But my question still remains: can Biden institute price controls, and if so, how?
How the Public and Government respond to the potential price controls/rollback, and what oil companies do if the above is/are instituted, can not be 100% predicted (plus, price controls/supply can be tinkered with once commenced).
First things first: can Joe institute the above, and politically, not appear so F’n inneffectual?
Peace. Appreciate your work.
Rich E.