I prefer when people have choices. Not 'govt set limits.'
Right now, it would sound real cool if we had a set limit of $40 a barrel oil.....
But, it doesn't work out. With our lowered dollar, no one would bother selling oil to us, and China would be rising even faster as a world super power. We would be sitting in gas lines.
There _will_ be a limit.
Currently, you can buy all the fuel _you can afford_.
Your way, we will have very stable price of oil, but will be mass shortages all across the country......
It does sound good on paper.
I know if we were to set a govt imposed price on corn, beans, & wheat..... In 12 months, there would be a lot of hungry people. I couldn't afford to grow $2 corn, $5 soybeans right now, with inputs what they are.
So, govt set prices are not a good deal, even if they 'sound' fair or cool or something we could use.
Pretty much everything with the higher prices - food, fuel, fertilizer, imports - comes back to our weak dollar.
And the cause of that is largely over-inflated housing prices, and greedy people (both buyers & morgage lenders) playing the game of over-lending on over-inflated housing.
It was a shell game, and it broke, and now we all have to pay to clean up the mess. Our high grain prices look cheap to the rest of the world; crude oil isn't all that much higher to the rest of the world. Our sinking dollar is the root cause of the higher prices we see. And it has to sink to re-adjust the housing mess - if the dollar didn't sink, we would have other, worse, problems.
No govt magic will clear it up, just a round of typical recession & inflation & back on track in a decade or so. Some sound govt nudging might make it a little quicker & easier, but we will see if that should happen.
I too would like a stable fuel price, but govt mandates will _not_ make anything stable. They will just shift the problem from high prices, to shortages instead.
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