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Econ 101 and “windfall” oil company profits

Here’s a good post from Doug at Stones Cry Out about the “excess profits” being generated by the evil capitalist pigs of “Big Oil” and the calls by even some supposedly free-market-friendly Republicans to pitch free markets over the side as soon as the price of gasoline spikes for a few weeks. We won’t excerpt here, go read the whole thing. There’s never a bad time for a refresher on basic economics.

Previous:
Big Oil: Too bad they can’t bottle Senators’ hot air and sell it
Poll: 31% of Americans want President to pump their gas
Senator Boxer “really angry” about free market



posted by: The Editors @ 10:42 am December 1, 2005



1 Comment

  1. [...] Previous: Econ 101 and “windfall” oil company profits Big Oil: Too bad they can’t bottle Senators’ hot air and sell it Senator Boxer “really angry” about free market posted by: The Editors @ 2:18 pm January 30, 2006 [...]

    Pingback by The Unalienable Right » Stop the presses! - a big corporation made big profits! — January 30, 2006 @ 2:38 pm January 30, 2006


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