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Old 08-02-2008, 03:19 PM   #1
Strangler Lewis
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Originally Posted by scaeagles View Post
It was hypothetical example to explain "windfall' profits and why they perhaps aren't always a bad thing, in that they bring others into the market creating competition and lowering prices.
If I tell you that I am an oil man . . .


Seriously, are there Jet Blue equivalents entering the oil production business with any regularly?
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Old 08-02-2008, 04:26 PM   #2
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Originally Posted by Strangler Lewis View Post
If I tell you that I am an oil man . . .


Seriously, are there Jet Blue equivalents entering the oil production business with any regularly?
But the free market example still stands. Why are oil prices so high? Because of speculation that supplies aer going to be cut off, primarily. So if that pressure is taken off the market because of US drilling, then that is a step in the right direction. I would also figure that if domestic supplies of oil were opened for easy access there would be several venture capitalists wanting to get in on it and perhaps starting up that Jet Blue you are talking about it. Maybe csome guy figures out a cost effective way of extracting oil from oil shale. Who knows?

Last edited by scaeagles : 08-02-2008 at 04:31 PM.
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