I don't think it's a supply issue from Mideast. it's when

I don't think it's a supply issue from Mideast. it's when gov't policy setting and capping price of gasoline at retail, the refiners pay more to buy crude then they sell the final product at retail. Who wants to do a money losing business, the more you sell, the more money you lose? Shortage is always the end result of policy capping price, the weird child of combining both capitalist and socialist.
Posted by dp at 2007-10-31 03:07:09
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0# Gas Shortage in Shanghai