we do have something like the free market in the US. its distorted, compromised, partially outlawed to be sure. the real estate bubble and its collapse were c

we do have something like the free market in the US. its distorted, compromised, partially outlawed to be sure. the real estate bubble and its collapse were certainly caused by a perfect storm of market distortions, many of which are still with us. but prices for many things, including oil, are set freely and that is the element of the market relevant to the existence of the supply of oil