Posted: 08 June 2010 at 2:59pm | IP Logged | 5
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Well. Let's factor some things in - yes, based on track record, the gas prices should go up - the oil conglomerates got away with raising the prices everytime someone farted in Syria, so, why not keep returning to that well?On the other hand, this situation only effects one company, BP, and they're not losing their existing supply of oil, they just lost their future supply of oil - who knowsm, that well might've gone dry anyway - etc. Now, having said that, they're losing billions in trying to contain and clean it up, that's a fact, and according to noted economist Sean Hannity, it's the responsiblity of the "free market" to pass on the costs to you, the "piss-ant" consumer, who must cower in fear of the free market attacking you, much akin to an abused wife. That part is true - we are a nation of beaten wives, defending the guys beating us while quietly nursing our wounds and fearing the next beating. That's very true. But here's the bright side to this - whereas there are regulations in place stopping BP from having to pay too much in damanges, there is no limit to civil cases, and those are expected to bankrupt BP, so... one less evil oil company. So, there's that!
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