BEFORE this gets into the whole free-market debate....
See, I don't think this is free-market issue here.
But there are two arguments, for and against; are markets being manipulated or not?
FOR:
If it was a free-market, the surplus gasoline would be sold to American consumers, no? Only government interference could prevent the gas from being sold to Americans despite record prices.
AGAINST:
Even though Americans are paying sky-high gas prices today, other countries are paying even more money for gas. Therefore it's in the interest of oil companies to ship their gas overseas.
As for Obama:
No matter how you look at the situation, there is high demand for gas. There should be more refineries built to meet this demand, but there are not. Since Obama is directly in charge of agencies which allow refineries to be built, I'll place the blame at the Executive branch's feet.
See, I don't think this is free-market issue here.
But there are two arguments, for and against; are markets being manipulated or not?
FOR:
If it was a free-market, the surplus gasoline would be sold to American consumers, no? Only government interference could prevent the gas from being sold to Americans despite record prices.
AGAINST:
Even though Americans are paying sky-high gas prices today, other countries are paying even more money for gas. Therefore it's in the interest of oil companies to ship their gas overseas.
As for Obama:
No matter how you look at the situation, there is high demand for gas. There should be more refineries built to meet this demand, but there are not. Since Obama is directly in charge of agencies which allow refineries to be built, I'll place the blame at the Executive branch's feet.
Contributor at Return of Kings. I got banned from twatter, which is run by little bitches and weaklings. You can follow me on Gab.
Be sure to check out the easiest mining program around, FreedomXMR.