2 ms·
> Fuel prices have no tie to reality, they are tied to greed. Absolutely, greed is the only factor worth considering. But of course, greedy people can't just c
by legitster 4y ago
> Fuel prices have no tie to reality, they are tied to greed.
Absolutely, greed is the only factor worth considering. But of course, greedy people can't just charge $300/gallon so no one would buy it. They do at least have to consider how much people are willing to pay.
And I guess how much it costs to acquire. And also I guess war makes it harder to acquire and more in demand.
And then deal with other greedy oil companies undercutting them. (Oops, wait, we just invented a completely rational market!)
If only they could do what the generous and benevolent US shipping industry did and ban all greedy competitors.
(I'm sorry, but the logic here is kind of hilariously weird to me.)