Archive for gasoline
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Oil Strikes and Gasoline Boycotts
Can an oil strike work? Will boycotting a certain gas company reduce the price of gas?
A cap on the price of gasoline is a bad idea…
And the Nintendo Wii can tell us why. First, let’s back up a bit and describe how the market for gasoline works. Gasoline is a commodity (gasoline from Shell is effectively the same as gasoline from Exxon), and everyone knows the price (due to those giant signs on the side of the road). This means [...]
