Gasoline prices, socialism and profits?
To the Editor:
Gasoline. Does the price of gasoline depend on supply and demand or do the oil companies inflate the price to increase their bottom line to please their stockholders? Is this similar to John D. Rockefeller's Standard Oil cornering the market in the late 1800s?Shouldn't the government intervene in this socialism in the middle of an industry that purports anti-socialism?
Or would they say that it's capitalism even though gasoline supplies are the highest in years? Should we boycott gasoline when possible?
One benefit of this is the "little men" in their great big trucks that get poor mileage.
It costs them more to assert themselves in their inferiority complexes. In the schools we teach that it's wrong to bully others, but in life intimidators are rewarded. The Big Bad Oil companies intimidators are rewarded.
The big bad oil companies intimidate the consumers whenever they can to gain excess profits.
Dwayne J. Martin, Gouverneur