In all likelihood you have been at a gas station, pumping gas and watching your dollars fly by. So, what's up?
Consumer advocates want a tax on oil companies' profits to lower the cost of gas. A trade association for petroleum companies says it won't work.In all likelihood you have been at a gas station, pumping gas and watching your dollars fly by. So what's up?
"So this is the market allocating a scarce resource to the people who are willing to pay the most. It hurts a lot, but that's the way markets work," says Agerton..
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