To the larger point, this is what happens when you pile on a bunch of regulations and then allow industry to capture the regulators. Not using up one of my eco

To the larger point, this is what happens when you pile on a bunch of regulations and then allow industry to capture the regulators. Not using up one of my economist.com free articles per month, but I think this is what happens when an industry has the cost of their biggest variable expensive crash: http://www.macrotrends.net/1369/crude-oil-price-history-chart http://www.macrotrends.net/1369/crude-oil-price-history-char... Note that they'll tend to hedge their purchases, which protects them for a while from fuel cost increases while also delaying the benefit of decreases.