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Two questions: 1. Could anyone help me out by giving a better explanation of how "obscene" profits by oil companies actually help consumers at the pump and don't hurt them? I understand how higher profits equal more savings, which equal more investment, which equal more capital, which equal...
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Thanks for the answer, I think I have to be more detailed in my question/argument. The whole argument has to be seen in the context of legally enforced break-up of production chains (undbundling) in the name of 'liberalization' (NOT deregulation). [excerpt from my current argument] Let us assume...
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I need some serious assistance right now: I'm working on a paper that evaluates the impact of Open Access regulations (Third Party Access) to natural gas pipelines, and I wonder if I can make the following argument; - Forcing open access reduces the profit of pipeline operators (not controversial...