3 ms·

You can't have a free market when there is a monopolistic producer

• syshum 7y ago
  Who would that be?
  • vikramkr 7y ago
    OPEC et al. Oil is a classic cartel controlled industry.
    • syshum 7y ago
      I figured that would be the response, and the current price drops proves that the be wrong as the it is not just falling demand that is causing the price collapse, not that started long before COVID, it is a price war between 2 (of many) large suppliers, This idea that OPEC controls everything in oil is simply false